5e Advanced Materials, Inc. · NASDAQ:FEAM
5e Advanced Materials — Investor Presentation (November 2024)
13 slides from 5e Advanced Materials's investor presentation, November 2024
Slide 1: De-risked, Permitted Sovereign Boron Supply
De-risked, Permitted Sovereign Boron Supply November 2024 : FEAM The information in this presentation is confidential and proprietary, and may not be used, reproduced or distributed without the express written permission of 5E Advanced Materials, Inc. : 5EA
Slide 2: Disclaimer
Disclaimer FORWARD-LOOKING STATEMENTS The information in this Presentation includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. All statements other than statements of historical fact included in this presentation regarding our
Slide 3: Project Overview
Project Overview Largest known (colemanite) boron deposit ✓ globally outside of Turkey Initial mine life of 31 years containing 13.97M ✓ tons of boric acid1 Pilot Plant Operational – Delivering on-spec ✓ product to customers Simplified by-product strategy reducing OPEX ✓ and CAPEX into pre-FEED Engi
Slide 4: The Team to Deliver
The Team to Deliver Leadership Team Board of Directors David J. Salisbury NON-EXECUTIVE CHAIR BSc, MBA Graham van’t Hoff NON-EXECUTIVE DIRECTOR BA, MChem, MBA Paul Weibel Lonnie Bailey Josh Malm Mark Zamek Rod MacLaine Bryn Jones CHIEF EXECUTIVE VICE PRESIDENT CHIEF FINANCIAL VP COMMERCIAL VP ENGINE
Slide 5: Resource & Mineral Tenure
Resource & Mineral Tenure ▪ Mineral Tenure ▪ Company owns six real parcels (mineral rights conveyed with real property) ▪ BLM land surrounds six parcels ▪ Permitted Operations in California ▪ Federal, State and local permits SITE OFFICE ▪ Air Permit ▪ Access to Water (650 gallons per minute) ▪ Attra
Slide 6: Mining & Environmental Advantage
Mining & Environmental Advantage In-Situ Mining1 Hard Rock Mining ✓ ✓ Low land disturbance Efficient Processing Risk of pit collapse Equipment and labor intensive ✓ ✓ No tailings dam storage Minimal Excavating Equipment Significant surface area needed Tailings storage Streamlined Multi-Locat
Slide 7: Small-Scale Facility Current Operations
Small-Scale Facility Current Operations Technology de-risked at scale: • Commissioned Small Scale Boron Facility in April – now fully operational • Progressively ramped up to higher production rates • Successfully achieved necessary production quality • Identifying critical operational improvements
Slide 8: Small-Scale Facility – Outcomes and Path Forward
Small-Scale Facility – Outcomes and Path Forward I. Optimize CAPEX and OPEX: 2. Data Collection and Ramp-up: o Well-field and process optimization o Production quality achieved o Developed power solutions o Deliver product to key customers o Simplified Process o Test higher production rate wellfield
Slide 9: Take Forward Flow Sheet
Take Forward Flow Sheet By-Products HCl New By- -Li2CO3 Chilled Make-up and Product -NaCl Crystallizer Recovery -CaCl2 -MgOH2 -Metal Waste ✓ Utilization of directional wells optimizes recovery ✓ High-quality head grade drives chilled crystallization Primary Product -H3BO3 ✓ Acid neutralization reduc
Slide 10: Modular Approach to Production Scaling & Capital Needs
Modular Approach to Production Scaling & Capital Needs Development Phase Capacity Capital Needs Result(s) Pilot 2k ST BA Currently in • Optimized design 1 Operations Operating one short Operation • Customer off-take Current ton per day • Position to scale Commercial 90k ST BA US $300-350M • $101.2M
Slide 11: Next Steps – Towards FID
Next Steps – Towards FID Project Project Detailed Optimization: Finance: Engineering: ▪ Complete pre-FEED (FEL- ▪ EXIM diligence for loan ▪ Complete FEED (FEL-3) 2) engineering guarantee of $285M engineering ▪ Optimize commercial ▪ Off-take in place for ▪ EPC construction contract byproduct arrangem
Slide 12: Thank You
ADVANCED MATERIALS
Slide 13: Boron Market Segments
Boron Market Segments Electric Vehicles and Permanent Magnets Global Energy Transition ▪ Widely used (and largely not substitutable) across Electrification of ▪ Critical material used in wide range of decarbonization Transport technologies (wind, solar, and nuclear) ▪ Key driver of demand in magnets
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