Ecograf Ltd. · ASX:EGR
Ecograf — Shareholder Meeting (November 2020)
33 slides from Ecograf's shareholder meeting presentation, Nov 25, 2020
Slide 1: Annual General Meeting - Presentation
For personal use only ASX: EGR FSE: FMK ENGINEERING CLEAN ENERGY 25 NOVEMBER 2020 Annual General Meeting - Presentation www.ecograf.com.au
Slide 2: Vertically integrated graphite business
For personal use only Vertically integrated graphite business positioned to support the global transition to clean energy and e-mobility. 2
Slide 3: Corporate summary
Corporate summary For personal use only Board and Executive Management Development of German pilot plant provides market Chairman leading technical Robert Pett capabilities: a battery graphite manufacturing Managing Director a product testing, analysis Andrew Spinks and development a flake graphite
Slide 4: Vertically integrated graphite business poised for development
Vertically integrated graphite business poised for development For personal use only Environmentally friendly EcoGraf™ processing Supporting the Global Transition to Clean Energy and E-Mobility technology to produce 20,000 tonnes per annum of purified graphite for lithium-ion batteries a Proprietary
Slide 5: Compelling lithium-ion battery market opportunity
Compelling lithium-ion battery market opportunity For personal use only Graphite forecast to dominate EV market forecast to drive +700% growth battery mineral demand to 2050 in natural graphite demand by 2025 Roskill Source: World Bank Group, May 2020 Source: World Bank Group, May 2020 27kg Purified
Slide 6: Unprecedented investment in new European battery capacity
Unprecedented investment in new European battery capacity For personal use only Mo i Rana, 2023 Salzgitter, 2024 Ramp-up to 32 GWh 16GWh, later 24GWh EcoGraf is positioned to support Skelleftea, 2021 the massive demand for high Erfurt, 2022 8GWh, later 32GWh quality, sustainably produced 14GWh, late
Slide 7: Battery & EV joint ventures provide significant supply chains
Battery & EV joint ventures provide significant supply chains For personal use only + + + + + + + + + + Source: After Roland Zenn (Europe) 7 7
Slide 8: Battery graphite business summary
Battery graphite business summary Establishing the world’s first commercial battery graphite purification facility outside of China For personal use only Initial commercial production plant commencing at 5,000tpa, expanding to 20,000tpa a EcoGraf™ proprietary purification process eliminates use of t
Slide 9: Strong economic returns
Strong economic returns For personal use only • World’s first purified spherical graphite processing facility outside of China at a time when electric vehicle, battery and anode producers are actively seeking to diversify battery mineral supply chains. Demand for spherical graphite forecast to grow
Slide 10: Initial battery graphite facility to be constructed in Western Australia
Initial battery graphite facility to be constructed in Western Australia For personal use only Staged expansion from 5,000tpa to 20,000tpa Flexibility via scalable modular design 5,000tpa + PLAY MOVIE 20,000tpa 10 10
Slide 11: Kwinana expected to become a major global battery mineral processing centre
Kwinana expected to become a major Australian Government support global battery mineral processing centre For personal use only Federal and State Government support for new technology and value added manufacturing • Australian Government funding support and debt financing in progress • Lead Agency r
Slide 12: EcoGraf development timeline
EcoGrafTM development timeline For personal use only German optimisation and EcoGraf™ Battery graphite scoping feedstock testing feedstock benchmarking study completed Product testing and completed program endorsement AUG Battery graphite Preliminary feasibility OCT Feasibility and NOV feasibility a
Slide 13: Rigorous commitment to on-going technical development
Rigorous commitment to on-going technical development For personal use only • Test work performed in Australia and Germany conducting >100 trials using a systematic, scientific 4 years of intensive test work and method to optimise the purification process with research and development support from t
Slide 14: Extensive product qualification testing successfully completed
Extensive product qualification testing successfully completed For personal use only Over 80 graphite product samples, including various grades of spherical graphite, tested successfully by battery anode manufacturers in Asia and potential customers in Europe and North America Product specifications
Slide 15: Cost-effective and scalable manufacturing process
Cost-effective and scalable manufacturing process For personal use only Process flowsheet and planned Agreement in place to scale-up de-risked through secure feedstock extensive engineering, Standard equipment optimisation and product qualification programs, achieving International patent strong cus
Slide 16: EcoGraf results confirm superior performing battery material
EcoGrafTM results confirm superior performing battery material For personal use only Not all graphite is equal - crystallinity is an important property in the lithium-ion battery as the level of crystallinity affects the electrochemical performance. In natural graphite deposits, crystallinity is det
Slide 17: Recycling opportunity
Recycling opportunity For personal use only Market Overview • Recycling efforts focus on cathode metals • Carbon anode material is currently not recovered Carbon material which is waste product PRODUCTION generated from each stage of battery anode SCRAP manufacturing, cell manufacturing and battery
Slide 18: Cost effective purification process to recover carbon anode material
Cost effective purification process to recover carbon anode material For personal use only Recovery of carbon anode material uses the same proprietary purification process International patent pending for chemical purification process a Eco-friendly a Cost-effective a High quality Multi-stage chemic
Slide 19: EcoGraf purification results
EcoGrafTM purification results For personal use only The EcoGrafTM proprietary purification process has successfully recovered high purity carbon anode material from both lithium-ion battery ‘production z scrap’ and ‘black mass’ materials PRODUCTION SCRAP BLACK MASS (%C) (%C) Product Sample 98-99.85
Slide 20: EcoGraf recovered high purity carbon anode material
EcoGrafTM recovered high purity carbon anode material For personal use only EcoGrafTM process retains particle shape for reuse. Microscopic picture: Recovered carbon anode material showing particle shapes. Oval shaped particles (spheronised natural graphite) and plate shapes synthetic graphite. 20 2
Slide 21: EcoGraf positioned to recover and reuse the carbon anode material
EcoGraf positioned to recover and reuse the carbon anode material For personal use only Agreement signed with South Korea’s largest lithium-ion battery recycling group SungEel HiTech 21 21
Slide 22: EcoGraf's strategy to recover and reuse carbon anode material
EcoGraf’s strategy to recover and reuse carbon anode material For personal use only 22 22
Slide 23: Production scrap market
Production scrap market For personal use only Battery Cell Production Production loss during battery cell manufacturing and product testing estimates: Potential Market Size as % of Battery Production Source: Panasonic Investor Presentation , Tesla company reports Early Production Target Production l
Slide 24: Recycling - lowering carbon emission footprint of EV production
Recycling - lowering carbon emission footprint of EV production For personal use only Battery represents over 40% Carbon (CO2) emission footprint of EV production • Estimated 10% to 30% production loss in cell manufacturing and in battery testing • Solution: Develop ‘In-Process’ recovery of producti
Slide 25: Recycling opportunity
Recycling opportunity For personal use only EcoGrafTM proprietary purification has the potential to provide a tailored solution to increase recycling of recovered carbon anode material. Blending EcoGraf’s Kwinana high purity ‘Battery Graphite’ with ‘Recovered Carbon Anode Materials’ provides a compe
Slide 26: Flake graphite business summary
Flake graphite business summary For personal use only Long life Epanko Graphite Mine to supply industrial and battery markets a Bankable Feasibility Study completed by GR Engineering Services Defined, de-risked and ready for construction a Bank appointed Independent Engineer’s Review completed by SR
Slide 27: Bankable feasibility study (BFS) key highlights
Bankable feasibility study (BFS) key highlights For personal use only • 50% increase in production to 60,000tpa positions Epanko to • Executed marketing strategy with strong alignment to be a major baseload supplier of high value graphite products German industry and the battery supply chain in Japa
Slide 28: High returning 60ktpa BFS positions Epanko for development
High returning 60ktpa BFS positions Epanko for development For personal use only Epanko bankable feasibility study outcomes • Robust technical and financial BFS completed, conforming with IFC standards Development period (months) 19 – Average production of 60,000tpa graphite concentrate Average annu
Slide 29: VTEM shows highly conductive undrilled western zone
VTEM shows highly conductive undrilled western zone with For personal use only significant graphite potential • Significant mineralisation exists outside of the Mineral Resource estimate modelled on an 8% TGC cut-off compared to the 5% TGC cut-off utilised for the Ore Reserve – Mineral Resource at l
Slide 30: Epanko provides mine-to-market ESG supply chain assurance
Epanko provides mine-to-market ESG supply chain assurance For personal use only • Mine development satisfies Equator Principles social and environmental planning standards • Long-life, high quality supply of natural flake graphite for industrial and battery markets Epanko to transform the regional •
Slide 31: Summary and valuation proposition
Summary and valuation proposition For personal use only Battery Graphite Manufacturing Epanko Graphite Mining Project – Kwinana, WA Project – Tanzania Proprietary EcoGraf™ purification Vertically integrated graphite business Development ready graphite technology provides sector leading positioned fo
Slide 32: Disclaimer
Disclaimer Securities Disclaimer For personal use only This presentation is for informational purposes only and does not constitute an offer to sell, or solicit to purchase, any securities. Such offer can be made only through proper subscription documentation and only to investors meeting strict sui
Slide 33: The future is electric.
For personal use only The future is electric. ASX: EGR FSE: FMK Head Office Level 1, 18 Richardson Street West Perth, Western Australia 6005 T: +61 8 6424 9000 www.ecograf.com.au