Compass Minerals Intl Inc · NYSE:CMP
Compass Minerals Intl — Compass Minerals — Adamas Intelligence North American Critical Minerals Days Conference 2021
16 slides from Compass Minerals Intl's conference presentation, Oct 20, 2021
Slide 1: Lithium: Sustainable and Domestic
Compass Minerals Lithium: Sustainable and Domestic Ryan Bartlett, Ph.D. Chief Strategy Officer Adamas Intelligence North American Critical Minerals Days Conference October 20, 2021 © 2021 Compass Minerals. Not for distribution. 1
Slide 2: Forward-Looking Statements and Other Disclaimers
FORWARD-LOOKING STATEMENTS AND OTHER DISCLAIMERS This presentation may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements about the anticipated development of the lithium resource at the company’s O
Slide 3: Why Are We Here Today?
WHY ARE WE HERE TODAY? INTRODUCE FRAME SHARE Compass Minerals the importance of our lithium value lithium development proposition in North America 3
Slide 4: Compass Minerals At-a-Glance
COMPASS MINERALS AT-A-GLANCE Largest sulfate of potash ~$1 B (SOP) producer in annual revenue1 in the Western Hemisphere ~$230 M Leading salt producer Adjusted EBITDA1,2 in North America and U.K. 175+ years 4 ~2.4M metric tons LCE in operation total lithium resource3 Focused on Our Workforce. We str
Slide 5: North American Lithium Supply Is Limited
NORTH AMERICAN GLOBAL RACE FOR LITHIUM SUPPLY LI SUPPLY IS LIMITED IS ACCELERATING [XX] 2020 US inflows of lithium1, thousands of metric tons of lithium content “President Biden Outlines Target of 50% Electric Vehicle Sales Share in 2030 to Unleash Full Economic Benefits of Build Back Better Agenda
Slide 6: Our Lithium Vision
OUR LITHIUM VISION Support the North American battery market by accelerating the development of a sustainable, secure domestic lithium supply chain 6
Slide 7: Time to Market
TIME TO MARKET EXPECTED Average project Up to 10 years1 MARKET ENTRY BY 2025 Compass Minerals Lithium ~4 years expected 1: Source- USGS, press search, company websites 7
Slide 8: Our Lithium Value Proposition
OUR LITHIUM GLOBAL RACE VALUE FOR LIPROPOSITION SUPPLY IS ACCELERATING Building on our history of North Utilizing existing infrastructure Leveraging natural processes American mineral extraction to enable lithium production for sustainable operations Ogden Located near the Great Salt Lake, our Our O
Slide 9: Current Ogden Operations – General Brine Flow
CURRENT OGDEN OPERATIONS – GENERAL BRINE FLOW Great Salt Lake – North Arm Bear River East Ponds Ogden West Ponds Weber River Legend Union Pacific RR Causeway Great Salt Lake Behrens Trench – South Arm Brine flow through the lake Existing pond structure Provo and Jordan Rivers Salt Lake City Grantsvi
Slide 10: Sustainable Lithium and Essential Mineral Lifecycle
Sustainable Lithium and Essential Mineral Lifecycle It takes 3 years to move the minerals through our system and we believe we can Once lithium is removed, manage this process to an effective life of 60+ years for lithium 5 the brine will be further processed to other products As brine flows into th
Slide 11: Extensive Experience Operating in the Great Salt Lake
EXTENSIVE EXPERIENCE OPERATING IN THE GREAT SALT LAKE Ogden Asset Development Timeline 1962 – Lithium Corporation of America leased By 2025 – 55,000 acres of 2018 – Initiated Lithium Great Salt Lake exploration and expected to be lakebed to sampling delivered from prospect lithium campaign to our Og
Slide 12: Battery-Grade Lithium Hydroxide Production
BATTERY-GRADE LITHIUM HYDROXIDE PRODUCTION Successful test of conversion to battery-grade lithium hydroxide at a concentration of >56.5% LiOH▪H2O, exceeding the established battery-grade standard First known instance of battery-grade lithium hydroxide production originating from the sustainable brin
Slide 13: Capable and Ready to Deliver Our Vision
CAPABLE AND READY TO DELIVER OUR VISION We anticipate a lower emissions footprint compared to other projects because we use brine that is already being processed We expect to be cost competitive due to synergy with existing operations We expect to have a low lead time to deliver our product domestic
Slide 14: Thank You, Questions?
THANK YOU, QUESTIONS?
Slide 15: Appendix
APPENDIX 15
Slide 16: Reconciliation of Non-GAAP Information
RECONCILIATION RECONCILIATIONOF OFNON-GAAP INFORMATION1 NON-GAAPINFORMATION Reconciliation for EBITDA and Adjusted EBITDA (unaudited) (in millions) Twelve months ended December 31, 2020 Net earnings $ 42.6 Interest expense 62.7 Income tax expense 1.9 Depreciation, depletion and amortization 117.8 EB
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