Slide 1: Indaba Conference Presentation
For personal use only Indaba Conference Presentation February 2020
Slide 2: Disclaimer
Disclaimer For personal use only Securities Disclaimer 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 3: Vertically integrated graphite business poised for development
Vertically integrated graphite business poised for development For personal use only Proprietary processing technology to Scalable new mine to provide a long Superior quality battery graphite produce high quality purified graphite term supply of natural flake graphite for lithium-ion batteries produ
Slide 4: Battery market opportunity: electric vehicles
Battery market opportunity: electric vehicles Global expansion of electric vehicle For personal use only markets reliant on battery graphite Battery raw material composition 27kg Natural (Spherical) Graphite per EV 54kg of natural graphite feedstock is required to 54kg manufacture 27kg of natural (s
Slide 5: Major investment underway in battery manufacturing for EV's
Major investment underway in battery manufacturing for EV’s For personal use only Mo i Rana, 2023 Salzgitter, 2024 16GWh, later 24GWh Ramp up to 32 GWh ❑ Over 300 GWh/a Li-Ion Battery Cell Skelleftea, 2021 Erfurt, 2022 8GWh, later 32GWh Production Capacity 14GWh, later 100GWh Announced in Europe Bit
Slide 6: Eco-friendly and cost competitive alternative to existing supply
Eco-friendly and cost competitive alternative to existing supply For personal use only • All battery graphite is presently produced in China using hydrofluoric (HF) acid to achieve 99.95%C with China’s top graphite producing provinces Source: Industrial Minerals Hubei and Shandong the largest produc
Slide 7: Battery graphite business summary
Battery graphite business summary MANUFACTURE OF BATTERY GRAPHITE – WESTERN AUSTRALIA For personal use only Production of spherical graphite in Western Australia using a new eco-friendly process Business Description Initially supplying existing Asia markets, thereafter expanding to meet new European
Slide 8: Manufacturing process
Manufacturing process For personal use only Process flowsheet and Agreements in place to secure feedstock planned scale-up de-risked Off the shelf equipment through process in use in China optimisation, engineering, off International patent the shelf equipment, pending for chemical ✓ Eco-friendly ex
Slide 9: Development history
Development history • Test work performed in Australia and Germany conducting >100 trials using a For personal use only systematic, scientific method to optimise the purification process with R&D support Over 3 years of intensive test from the Australian Government work and process design to • Evalu
Slide 10: Product qualification
Product qualification For personal use only Over 80 graphite product samples, including various grades of spherical graphite, tested successfully by battery anode manufacturers in South Korea and Japan Product Spec (SpG15) ✓ Battery graphite samples (SpG14.5, 15 and 20) tested Carbon Content >99.95%
Slide 11: Production Facility
Production Facility For personal use only Staged expansion from 5,000tpa to 20,000tpa Flexibility with modular design 5,000tpa Capacity + PLAY MOVIE 20,000tpa ECOGRAF KWINANA PRODUCTION Capacity FACILITY 11 11
Slide 12: Kwinana, Western Australia
Kwinana, Western Australia KWINANA For personal use only INDUSTRY AREA PERTH Federal and State Government support for new technology & value added manufacturing • Lead Agency role by WA Government Department of Jobs, Tourism, Science and Innovation • 6.7ha industrial site within Kwinana Industrial A
Slide 13: Development Timetable
Development Timetable For personal use only Expansion to 20,000tpa commences 6 months after initial production 13 13
Slide 14: Tanzanian Government Breakthrough Paves Way for Epanko Mine Financing and Development
Tanzanian Government Breakthrough Paves Way for Epanko Mine Financing and Development For personal use only Barrick Gold and Government of Tanzania sign historic landmark agreement - “Barrick Back in Business in Tanzania” • Dispute resolution expected to unlock debt financing hurdles for EcoGraf’s E
Slide 15: Flake graphite business summary
Flake graphite business summary For personal use only EPANKO GRAPHITE PROJECT Description Natural flake graphite project Location Epanko Valley, Mahenge, Ulanga District, Morogoro Region, Southern Tanzania Bankable Feasibility Study completed June 2017 Status – ready to construct Independent Enginee
Slide 16: Position in Battery Supply Chain
Illustration of major market participants in Position in Battery Supply Chain the lithium-ion battery supply chain For personal use only Natural Flake Graphite Battery (Spherical) Graphite Anode Battery Materials Battery Manufacture OEM - Electric Vehicles PRICE RANGE PRICE RANGE US$700-2,100/t US$3
Slide 17: Development Ready Vertically Integrated Businesses
Development Ready Vertically Integrated Businesses For personal use only Production 20ktpa Production 60ktpa NPV10 US$194m NPV10 US$211m EBITDA US$35m EBITDA US$44.5m ❑ Sales and offtake ❑ Secure financier debt financing arrangements approvals on final regulatory matter in Tanzania ❑ Debt financing
Slide 18: The future is electric.
For personal use only The future is electric. Head Office Level 1, 18 Richardson Street West Perth, Western Australia 6005 T: +61 8 6424 9000 www.ecograf.com.au