Euro Manganese, Inc. · TSXV:EMN
Euro Manganese — AABC Europe 2020
23 slides from Euro Manganese's conference presentation, Jan 16, 2020
Slide 1: Manganese is Electric!
For personal use only Manganese is Electric! (The forgotten battery raw material.) GREEN AND EUROPEAN SOURCE OF ULTRA HIGH-PURITY MANGANESE
Slide 2: AABC Europe – January 15th 2020
For personal use only GREEN AND EUROPEAN SOURCE OF ULTRA HIGH-PURITY MANGANESE AABC Europe – January 15th 2020 2
Slide 3: Cautionary Note
Cautionary Note For personal use only Forward-Looking Statements and Risks Notice Except for statements of historical fact relating to the Euro Manganese Inc. (“EMI” or the “Company”), certain information contained in this presentation constitutes forward-looking statements. When we discuss our cost
Slide 4: Introduction to Euro Manganese
Introduction to Euro Manganese • Developing the Chvaletice manganese resource in the For personal use only heart of Europe in the Czech Republic • 25-Year project designed by world-leaders in high- purity manganese production (“HPM”) • Recovering manganese by reprocessing tailings (waste recycling)
Slide 5: Project Highlights
Project Highlights For personal use only 1 HPM MARKET 2 STRATEGIC 3 EXCELLENT 4 EASILY TREATED 5 WASTE 6 CLEAR 7 LED BY HIGHLY SET TO BE EUROPEAN INFRASTRUCTURE CARBONATE RECYCLING, NOT DEVELOPMENT EXPERIENCED TRANSFORMED SOURCE OF AND JURISDICTION TAILINGS MINING PLAN MANAGEMENT SUPPLY TEAM • HPM d
Slide 6: HPM Market Set to be Transformed
1 HPM Market Set to be Transformed Manganese Use in Li-ion Battery Market For personal use only 1,000 70% HPMSM 30% HPEMM 900 Total Mn Demand from 800 battery industry '000 metric tons Mn contained 700 (NMC and LNMO battery chemistries only) 600 500 400 HPMSM 300 35% HPMSM 200 65% HPEMM 100 HPEMM 0
Slide 7: HPM Market Set to be Transformed: Summary
1 HPM Market Set to be Transformed Summary For personal use only • Demand for HPM products growing rapidly around the world driven by growth of the electric vehicle and Li-ion battery industry • To date, the supply response has been entirely within China • NMC cathode chemistry expected to dominate,
Slide 8: Strategic European Source of Supply
2 Strategic European Source of Supply Europe is becoming a global hub for EV and battery production For personal use only FINLAND SLOVAKIA GERMANY ~15 GWh 10 GWh 32 GWh FINLAND TBD (Eastern Europe) SWITZERLAND 24 GWh 1 GWh FINLAND TBD Precursors & Cathodes FRANCE GERMANY 2 GWh Battery Cells POLAND P
Slide 9: Excellent Infrastructure and Jurisdiction
3 Excellent Infrastructure and Jurisdiction Strategically Located in the Heart of Europe For personal use only • Set in an industrialized valley with gentle topography, served by excellent infrastructure. Rail, gas, water and power are all available on the Project site • Adjacent to 820 MW power sta
Slide 10: Barriers to Entry in the HPM Market
4 Easily Treated Carbonate Tailings Barriers to Entry in the HPM Market For personal use only Photos show ultra high purity manganese products made from Chvaletice Manganese Project tailings during 2018 product development and testwork program. • Ultra-high-purity manganese products have emerged as
Slide 11: Simpler Cost-Effective Processing
4 Easily Treated Carbonate Tailings Simpler Cost-Effective Processing • Asia imports the majority of its manganese ore, predominantly from oxide sources in Africa For personal use only • In comparison, EMN processes carbonate tailings onsite with simple commercially proven technologies. Conceptual A
Slide 12: Extensive Technical Studies and Testwork
4 Easily Treated Carbonate Tailings Extensive Technical Studies and Testwork For personal use only GREEN AND EUROPEAN SOURCE OF ULTRA HIGH-PURITY MANGANESE 12
Slide 13: Drilling & Bulk Sampling
4 Easily Treated Carbonate Tailings Drilling & Bulk Sampling For personal use only Sonic drill – modern, effective sampling tool Sonic drill “core” of soft, sandy tailings material 14.8 tonne bulk sample collected using Sonic drill for metallurgical and pilot plant testing GREEN AND EUROPEAN SOURCE
Slide 14: Fully Drilled Ore Body
4 Easily Treated Carbonate Tailings Fully Drilled Ore Body For personal use only 2017-2018 DRILL PROGRAM • 160-Hole 2017-2018 Sonic and auger drill program upgraded the resource estimate to a Measured and Indicated Status (98.3% of the resource classified as Measured under NI 43:101/JORC 2012) Cell
Slide 15: Waste Recycling, Not Mining
5 Waste Recycling, Not Mining Meeting Europe’s Circular Economy Goals by Recycling Waste • Extraction of Chvaletice manganese is expected to result in self-funding environmental For personal use only remediation of the Chvaletice site, bringing it in full compliance with all Czech and European Union
Slide 16: Permitting Momentum and Plant Site Land Secured
5 Waste Recycling, Not Mining Permitting Momentum and Plant Site Land Secured For personal use only • Baseline environmental studies completed. EIA preparation initiated with Q2 2020 Project Notification submission targeted • Rezoning process initiated. Both adjoining municipalities voted unanimousl
Slide 17: Pre-Feasibility Study Level Test Work Program
6 Clear Development Plan Pre-Feasibility Study Level Test Work Program For personal use only GREEN AND EUROPEAN SOURCE OF ULTRA HIGH-PURITY MANGANESE 17
Slide 18: Target Project Development Timeline
6 Clear Development Plan Target Project Development Timeline RECENT MILESTONES NEAR TERM MILESTONES For personal use only 2018 2019 2020/2021 2023 Upgrade resource estimate to NI 43-101 Complete NI-43-101/JORC Code Build and commission Start-up, commissioning Measured and Indicated status Prelim
Slide 19: Feasibility Study
6 Clear Development Plan Feasibility Study • Feasibility Study initiated in 2019 based on process flowsheet • Highly experienced Feasibility Study contributors: For personal use only developed during scoping and pre-feasibility study programs conducted during 2017 and 2018. Feasibility Study complet
Slide 20: Preliminary Chvaletice Plant Design
6 Clear Development Plan Preliminary Chvaletice Plant Design For personal use only GREEN AND EUROPEAN SOURCE OF ULTRA HIGH-PURITY MANGANESE 20
Slide 21: Demonstration Plant: Key Next Step
6 Clear Development Plan Demonstration Plant: Key Next Step • Demonstration Plant (DP) is key element of EMN’s Chvaletice development strategy For personal use only • Lumpsum, turnkey EPC contract for DP awarded to CRIMM (Changsha Research Institute of Mining and Metallurgy, a division of China Minm
Slide 22: For personal use only
For personal use only 22 GREEN AND EUROPEAN SOURCE OF ULTRA HIGH-PURITY MANGANESE
Slide 23: Thank You!
For personal use only Thank You! Marco A. Romero | President & CEO | Tel: +1 (604) 681-1010 x 101 1500 - 1040 West Georgia Street | Vancouver, BC Canada V6E 4H8 info@Mn25.ca | www.Mn25.ca