Slide 1: Corporate Presentation
Corporate Presentation ASX:EV1 evolutionenergyminerals.com.au ASX:EV1 evolutionenergyminerals.com.au
Slide 2: Disclaimer
Disclaimer This presentation contains summary information about Evolution and its activities, which is current as at Mineral Resources the date of this presentation. The information in this presentation is of a general nature and does not The information in this presentation that relates to the Mine
Slide 3: Evolution Energy Minerals (EV1) Snapshot
Evolution Energy Minerals (EV1) Snapshot Development-ready coarse flake graphite project Definitive Feasibility in Tanzania (NPV US$338M, IRR 32%) Study Outcomes EVOLUTION ENERGY MINERALS DAR ES SALAAM Binding offtake covering 90% of production with Tier-1 customers MTWARA EPC process started and ta
Slide 4: Unrivalled Commercial Partners
Unrivalled Commercial Partners BTR – Global leader in graphite anodes Partnership with EV1 • 26% global active anode materials (AAM) market share • Initial binding offtake for 100% of Chilalo fine flake for 3 • 19 production bases in China for natural, synthetic, silicon yrs (extendable) anode and g
Slide 5: High Quality Asset Advancing to Development
High Quality Asset Advancing to Development Definitive Feasibility Study Outcomes Strong physical results Compelling Project Economics 8.0 Mt 10.6% TGC 836 kt Total ore reserve Average head grade Contained graphite US$338M 32% EVOLUTION ENERGY MINERALS (A$518M) NPV8 (post tax) IRR (post tax) 500,000
Slide 6: A Community-Focused Development Project
A Community-Focused Development Project Medical Clinic Assisting with financial and practical support in construction of a new government health clinic to serve the area around the project site EVOLUTION ENERGY MINERALS Tree Nurseries Propogation of alternative cashew trees for distribution for PAPs
Slide 7: Pathway to Final Investment Decision
Pathway to Final Investment Decision Mine waste & Framework Tails Disposal Agreement Optimisations EPC award Signed EVOLUTION ENERGY MINERALS Offtake EPC – Early Update DFS Contractor Agreements (2022) Involvement BTR & YXGC Start FID Mining Licence Granted Project Optimisations: Start of Early Powe
Slide 8: Chilalo Siteworks Underway
Chilalo Siteworks Underway EVOLUTION ENERGY MINERALS West Pit Plant Central Pit 8
Slide 9: Resource Optimisation Potential
Resource Optimisation Potential N 0 0.5 1.0 1.5 kilometres KUDU GRAPHITE LIMITED • Additional high-grade mineralisation discovered at E1 and E2 in 2023 • E1 and E2 prospects could be mined as alternative to West Pit • Inclusion of E1 and E2 is anticipated to have the following benefits: • Additional
Slide 10: Unique Downstream Market Opportunity
Unique Downstream Market Opportunity MOU signed in 2023 with BTR for JV to develop a new active anode material (AAM) plant EVOLUTION ENERGY MINERALS Plant will use BTR’s world-leading technology and Chilalo high quality flake product Complements BTR’s international expansion strategy, currently deve
Slide 11: Exciting Chikundo Copper VHMS Prospect
Exciting Chikundo Copper VHMS Prospect EVOLUTION ENERGY MINERALS Artisanal workings exposed malachite as well as possible chalcopyrite mineralization within EV1 PL Geochem on soil samples confirmed potential for Volcanic Currently +1.5km long but pathfinder elements Hosted Massive Sulphide (VHMS) st
Slide 12: EV1 Value Proposition
EV1 Value Proposition Key Characteristics Upcoming anticipated catalysts World-class deposit Chilalo FID EVOLUTION ENERGY MINERALS Flake sizes qualified for both expandable and Pre-construction siteworks, contracts & financing anode graphite products for development decision in 2025 Permitted for co
Slide 13: Appendix
Appendix
Slide 14: Board and Management
Corporate Overview 362.7M $0.02 $7.6M Major Institutional Shareholders Shares on Issue Share Price Market Cap 1.8M $1.2M $0.0M ARCH Sustainable 25.2% EVOLUTION ENERGY MINERALS Resources Fund Unlisted Options Cash as at 31 Dec 2024 Debt as at 31 Dec 2024 0.39M at $0.45 exercise 1.43M at nil exercise,
Slide 15: Graphite - The Dominant Battery Mineral
Graphite - The Dominant Battery Mineral Graphite is the dominant material across all commercial battery technologies 8.9kg 13.3kg Cobalt 0.5kg Lithium 100% REE EVOLUTION ENERGY MINERALS 0.1kg Zn 0.3kg 24.5kg Manganese 80% Others 39.9kg Nickel 53.2kg 60% Copper 40% 66.3kg Graphite 55% 51% 52% 47% 50%
Slide 16: Expandable Graphite Market Overview
Expandable Graphite Market Overview High-value applications using coarse flake graphite Market pricing of up to US30,000/tonne EVOLUTION ENERGY MINERALS (graphite foils) Market Share by Production dominated by China Application Segment (2024) with 46% market share Flame Retardant Flame retardant usa
Slide 17: Binding Offtake Agreements
Binding Offtake Agreements ktpa 60 1.5 3.0 4.5 Coarse Flake Offtake Fines Flake Offtake 7 7 5.5 EVOLUTION ENERGY MINERALS 50 • 30,000tpa for 3 years • 100% of fines for 3 years (+3 Concentrate Production (ktpa) yr option) • Coarse flake (+100 to +32 mesh) • Fines -100 mesh 40 30 30 30 34 32.5 • 70%
Slide 18: EV1 Operations in Tanzania
EV1 Operations in Tanzania Key milestones achieved in 2024 A strong local team led by CM Heavenlight Kavishe EVOLUTION ENERGY MINERALS RAP payments completed to all ED PAPs Financial literacy training undertaken Mining licence, prospecting licence and environmental permits all refreshed Notice to va
Slide 19: Mining and Ore Reserve Summary
Mining and Ore Reserve Summary • The Central Pit is approximately 950 m long, 350 m North wide and 170 m deep. The final pit is accessed by a single dual-lane ramp, with each cutback accessed via an additional footwall. • The North Pit is connected to the Central Pit with its EVOLUTION ENERGY MINERA
Slide 20: Additional Project Cost Optimisations
Additional Project Cost Optimisations Reduced logistics costs Reduced power costs EVOLUTION ENERGY MINERALS • Prospect of regular container shipping through Mtwara port • Current model based on 20% solar / 80% thermal/LPG • Potential to ship concentrate from Mtwara Port • Tanzanian Government implem
Slide 21: The Making of a Graphite Anode
The Making of a Graphite Anode Heating to 2,500-3,000oC consumes significant energy – Synthetic Graphite results in high carbon footprint of synthetic graphite EVOLUTION ENERGY MINERALS Calcined Coke Sizing Graphitization Micronization & Carbon Slurry Blending Final Anode Natural Graphite Spheroniza
Slide 22: Notes
22 EVOLUTION ENERGY MINERALS Notes
Slide 23: Notes
23 EVOLUTION ENERGY MINERALS Notes
Slide 24: ASX:EV1
George Donne Chief Executive Officer E: gdonne@ev1minerals.com.au P: +61 8 9200 4960 ASX:EV1 evolutionenergyminerals.com.au