Ecograf Ltd. · ASX:EGR
Ecograf — Shareholder Meeting (November 2024)
32 slides from Ecograf's shareholder meeting presentation, Nov 27, 2024
Slide 1: Annual General Meeting 2024 Presentation
Annual General Meeting 2024 Presentation 27th November 2024
Slide 2: Disclaimer
Disclaimer Securities Disclaimer Competent persons This document 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 The information in this report that relates
Slide 3: Our business
Our business MIDSTREAM Building a vertically integrated battery anode materials business to produce high purity graphite CIRCULAR SUSTAINABLE RECYCLE UPSTREAM RAW MATERIALS products for the lithium-ion ECONOMY battery and advanced manufacturing markets DOWNSTREAM UPSTREAM MIDSTREAM DOWNSTREAM RECYCL
Slide 4: Corporate snapshot
Corporate snapshot Company Directors & Officers Stock Listings Major shareholders 3 ROBERT PETT JOHN CONIDI ASX: EGR FSE: FMK Non-Executive Chair Non-Executive Director Australian Securities Exchange Frankfurt Stock Exchange (Börse Frankfurt) ANDREW SPINKS KEITH JONES Managing Director A$XX.XM HOWAR
Slide 5: Geopolitical drivers for new anode material supply
Geopolitical drivers for new anode material supply GLOBAL MONTHLY EV SALES (‘000 UNITS)1 GLOBAL LEGISLATION 1,800 October 2024 EV Sales IRA, MS, DoE, DoD. Exemptions end 2027. New 25% tariff on FEOC (China) anode. 1,600 +34% 1,400 The EU Green Deal and Critical Raw Materials Act. 1,200 Chinese Gover
Slide 6: EcoGraf's vertically integrated BAM strategy
EcoGraf’s vertically integrated BAM strategy UPSTREAM MIDSTREAM DOWNSTREAM RECYCLING % Carbon 96-98% C 97-99% C >99.99% C Grade/ Mine and Mineral Mechanical HFfree Purification Anode Recycling Process Processing Shaping Technology Stage 1 Natural Flake Graphite Spherical Graphite (SPG) Purified SPG
Slide 7: 2024 Achievements and highlights
2024 Achievements and highlights The EcoGraf team have worked to progress our • KfW IPEX -Bank mandated for UFK loan of up to US$105m for construction of the Epanko Graphite Project; projects through the development stages and • Due diligence site visits completed and positive UFK preliminary review
Slide 8: Government recognition
Government recognition • EcoGraf included in US • EcoGraf invited to round • Major Project Status White House briefing room table discussion with • Australian Minister for statement. German President, Frank- Resources, Hon Walter Steinmeier and • Epanko included in Joint Madeleine King visits Presid
Slide 9: Tanzania open for investment
Tanzania open for investment President Hassan is promoting increased US Germany Korea cooperation with businesses to encourage more foreign • US Department of State • German President Frank • Tanzania President direct investment in Tanzania recognition of Tanzania’s Steinmeier met recently visits Ko
Slide 10: Epanko graphite project
UPSTREAM Epanko graphite project Epanko • KfW IPEX-Bank Mandated for UFK Loan of up to US$105m for Development of Epanko Mine and Mineral • Bank appointed SRK Independent Engineers’ review Processing Facility to underway Produce Natural Flake • Compliance with Equator Principles 4 and IFC Graphite P
Slide 11: Ore Reserve update
Ore Reserve update Largest development ready graphite project in Africa UPSTREAM Industry-leading 82% of total Ore Reserves classified as Proven, delivering increased confidence on metallurgical factors such as process recoveries, flake size distribution and concentrate grades 11 Refer to ASX announ
Slide 12: Epanko project advantages
Epanko project advantages Key characterizes to drive lowest cost feedstock for lithium-ion battery market UPSTREAM TRANSPORT DISTANCE 450km TO PORT EPANKO MINE 75km TO RAIL MINERAL RESOURCE ESTIMATE ORE RESERVE ORE RESERVE GRADE AVERAGE THICKNESS 300 250 200 150 100 290 MILLION 21 MILLION 82 % 8.8 %
Slide 13: Epanko mine layout and overview
Epanko mine layout and overview • Proven Ore Reserve providing the highest level of confidence for Mineral Resource development UPSTREAM • New mine design delivers low-cost Oxide Ore first strategy over 1.3 km strike length • Pending Special Mining License (SML) will cover the full 5.5 km strike len
Slide 14: Epanko processing plant – technical flythrough
Epanko processing plant – technical flythrough UPSTREAM View flyover video: https://tinyurl.com/mvu8ta3z 14
Slide 15: Improved flowsheet design and TSF expansion capacity
Improved flowsheet design and TSF expansion capacity • Process flowsheet based on rigorous testing SINGLE STREAM UPSTREAM and independent review of single stream • Flowsheet design to produce graphite products for industrial and high growth lithium-ion battery markets • Knight Piésold completed asse
Slide 16: Epanko financial metrics
Epanko financial metrics UPSTREAM Platform for high value future expansion Key production metrics Physicals Unit Physicals Unit NPV (10%, pre tax) US$M 348 Initial years Years 18 IRR (pre tax) % 36 Strip Ratio Waste : Ore 0.3 Payback Period (pre tax) Years 4.25 Annual Plant Feed Ktpa 850 Pre Product
Slide 17: Our Tanzanian team delivering results
Our Tanzanian team delivering results UPSTREAM 17
Slide 18: New Tanzanian infrastructure supporting Epanko
New Tanzanian infrastructure supporting Epanko UPSTREAM Ifakara Substation Funded through the European Union to support new business in the region. Julius Nyerere Hydropower Station Great Ruaha Bridge Providing low-cost, renewable power Electric Train Improving the with recent transportation announc
Slide 19: ESG contribution to Tanzania
ESG contribution to Tanzania Uplifting UPSTREAM Economic growth Community Economic growth Direct contribution to the economy through procurement of goods and services, employment, royalties, taxes and dividends. Positive Impact Multiplier effect Transformational with an estimated Employment inter-ge
Slide 20: Mechanical shaping facility
MIDSTREAM Mechanical shaping facility Development supports the Tanzanian Governments ‘Vision 2030’ value adding strategy Mechanical shaping of • Four locations identified as the preferred location along natural flake graphite to transport corridor produce Spherical • Optimises supply chain logistics
Slide 21: Mechanical shaping facility overview
Mechanical shaping facility overview • Development to leverage off previously completed permitting, plant design, GRADE: layout and equipment lists EPANKO UNPURIFIED SPG16 • Extensive programs providing product samples ✓ Purchased batch scale piloting equipment MIDSTREAM ✓ Piloting campaigns through
Slide 22: Engineering layout for 20,000tpa facility
Engineering layout for 20,000tpa facility MICRONISING AND MIDSTREAM SPHERONISING PLANT LAYOUT 22
Slide 23: Beyond mineral value addition
Beyond mineral value addition Pursue research on ‘developing new local Tanzanian industries’ from the graphite fines generated from midstream mechanical shaping facility MIDSTREAM Green recarburiser for EU • Positive discussion with European Union (EU) Tanzanian steel industry as ‘carbon additive’ d
Slide 24: EcoGraf HFfree purification facility
DOWNSTREAM EcoGraf HFfree purification facility Global expansion driven by EV demand and legislation to encourage HFfree Purification new and sustainable critical mineral to produce Purified SPG supply chains Requirement for new suppliers of battery anode materials following launch of EU Green Deal,
Slide 25: Product Qualification Facility (PQF)
Product Qualification Facility (PQF) Facility located in Perth, Western Australia PQF piloting facility developed for purification of Spherical Graphite (SpG) feedstock - capability 5kg/hr ✓ PQF successful r DOWNSTREAM commissioning ✓ The first continuous run using unpurified spherical graphite conc
Slide 26: EcoGraf HFfree process advantages
EcoGraf HFfree process advantages Low Cost Proprietary technology Competitive economics US Patent Granted compared to the other purification methods Eco-friendly Why Minimum impurities DOWNSTREAM Low carbon footprint with HFfree Impurity levels to less 100ppm minimal waste streams Scalable Versatili
Slide 27: EcoGraf HFfree purification cost advantage
EcoGraf HFfree purification cost advantage Cost comparison conducted by global engineering & construction consultancy, comparing EcoGraf HFfree purification vs three other technologies in use based on a 25,000tpa reference base Cost advantage EcoGraf HFfree products will be produced at competitive c
Slide 28: Anode recycling
RECYCLE Anode recycling EcoGraf HFfree purification supports closed loop recycling and circular economy EcoGraf purification technology applied to lithium-ion battery recycling • Recovery of battery anode materials to provide customers with lower battery costs and support a reduction in battery and
Slide 29: Europe's lithium-ion battery recycling market
Europe’s lithium-ion battery recycling market EcoGraf’s strategy on production anode scrap is 20 100 475 1,000 aligned with Europe’s forecast recyclable (~70 kt) (~460 kt) (~2,650 kt) (~5,950 kt) materials. 20% 40% 90% 90% • Production scrap to dominate 2025 to 2030 volumes • End-of-life batteries i
Slide 30: High performance graphite with low emissions
High performance graphite with low emissions EcoGraf HFfree anode material delivers improved battery performance and significantly lower CO2 SUPERIOR BATTERY PERFORMANCE LOW CO2 FOOTPRINT 364 362 Specific capacity (mAh/g) 23.1 Kg CO2 eq. per kg CSPG 360 Synthetic Graphite Anode Material 358 356 Stan
Slide 31: Compelling product value proposition
Compelling product value proposition Significant value in each business development stream with value KEY ADVANTAGES multiplier expected on delivering the vertically integrated business Vertically Integrated US EU DEMAND DEMAND Cost KOREA & JAPAN Competitive DEMAND ASIA PURSUING SALES & DEMAND DEVEL
Slide 32: Engineering clean energy with Tanzanian graphite and EcoGraf HFfree
Engineering clean energy with Tanzanian graphite THE FUTURE IS ELECTRIC and EcoGraf HFfree 18 Richardson Street, West Perth WA 6005 purification technology info@ecograf.com.au www.ecograf.com.au ASX: EGR FSE: FMK EcoGraf Limited @EcoGraf EcoGraf Limited Join Our Mailing List