Electra Battery Materials Corp · TSXV:ELBM
Electra Battery Materials — Q4 2023 Earnings Presentation
19 slides from Electra Battery Materials's earnings presentation, May 17, 2024
Slide 1: Q4 Results & Progress
Q4 Results & Progress Bridging the North American Battery Supply Chain Electra Q4 2023 Results May 17, 2024
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation includes certain “forward-looking information” within the meaning of Canadian securities legislation and “forward-looking statements” within the meaning of U.S. securities legislation (collectively “forward-looking statements”). Forward-looking statements
Slide 3: Today's presenters
Today’s presenters Trent Mell David Allen Mark Trevisiol CEO CFO VP, Project Development NASDAQ: ELBM | TSX.V: ELBM 3
Slide 4: Q4 Highlights & Recent Developments
Q4 Highlights & Recent Developments Signed feedstock agreement with ERG, ensuring sufficient, IRA-compliant cobalt supply for refinery Augmented LGES offtake agreement to 19,000tpa for 5 years, or approx. 80% of production Completed first year-long, plant-scale refining of black mass in North Americ
Slide 5: Q4 Financial Highlights
Q4 Financial Highlights
Slide 6: Q4 Financial Highlights
Q4 Financial Highlights Liquidity o Liquidity in Q4 impacted by $15.7 ⇢ Investment in refinery project ⇢ Financing costs associated with convertible debt o Liquidity excludes $ Millions CDN ⇢ C$5.1M of previously committed Government fending $8.2 Cash $15.1 ⇢ C$5M FedNor announcement (February 2024)
Slide 7: Convertible Debt Update
Convertible Debt Update o Early in 2023, announced US$51M principal amount of 8.99% secured convertible notes o In December 2023, announced proposed amendments to align the terms of the warrants more closely with market conditions o Overall benefit of reduction in potential future dilution, should t
Slide 8: Refinery project update
iJ inery projec Ref update
Slide 9: Safety is a top priority
Safety is a top priority 80,000+ hours worked, 0 lost time incidents* *since 2021 NASDAQ: ELBM | TSX.V: ELBM 9
Slide 10: Progress and preparation to resume construction
Progress and preparation to resume construction USD 200M USD 60M 600+ acres 100+ years replacement value to complete of land asset life 2022 2024 NASDAQ: ELBM | TSX.V: ELBM 10
Slide 11: 5,000tpa to 6,500tpa
5,000tpa 6,500tpa September 2023 NASDAQ: ELBM | TSX.V: ELBM 11
Slide 12: Black mass update
Black mass update
Slide 13: Produced saleable products at or above market specs
Produced saleable products at or above market specs Recovery rates for all targeted metals – lithium, nickel, cobalt, graphite, and manganese - have improved since the start of the Approximately 40 tonnes of black mass processed 28 tonnes of nickel-cobalt MHP shipped to customers Lithium carbonate p
Slide 14: Next steps for black mass
Next steps for black mass o Continuing optimization of hydromet process o Tests are underway to also produce cobalt metal, driving additional value for Company o In discussions with funding agencies on future programs o Advancing primary recycling business plan with Three Fires Group NASDAQ: ELBM |
Slide 15: Strategic developments & outlook
Strategic developments & outlook
Slide 16: Partnerships in onshoring North American supply
Partnerships in onshoring North American supply NASDAQ: ELBM | TSX.V: ELBM 16
Slide 17: Near-term catalysts
Near-term catalysts Remainder 2024 o Results from ongoing optimization of black mass process o Refinery project funding solution & updated construction plan o Strategic partnerships o Bécancour study Near- and long-term value creation NASDAQ: ELBM | TSX.V: ELBM 17
Slide 18: Questions?
Questions?
Slide 19: Electra Battery Materials
Electra Battery Materials NASDAQ: ELBM TSX-V: ELBM Heather Smiles, VP Investor Relations & Corporate Development Info@ElectraBMC.com +1 416 900 3891
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