American Battery Technology Company · NASDAQ:ABAT
American Battery Technology — Shareholder Meeting (November 2024)
30 slides from American Battery Technology's shareholder meeting presentation, November 2024
Slide 1: Fiscal 2024 Shareholders' Meeting
1 Fiscal 2024 Shareholders’ Meeting November 2024 2024 2024 Annual Annual Meeting Meeting of of Shareholders Shareholders NASDAQ: ABAT 1
Slide 2: 2024 Shareholders' Meeting
2 2024 Shareholders’ Meeting Welcome Shareholder Meeting CEO Remarks Questions from Shareholders 2024 Annual Meeting of Shareholders NASDAQ: ABAT 2
Slide 3: ABTC Board of Directors
ABTC Board of Directors Introductions Ryan Melsert Susan Yun Lee Rick Fezell Elizabeth Lowery Sherif Marakby Bret Meich General Counsel Board Secretary 2024 2024 Annual Annual Meeting Meeting of of Shareholders Shareholders NASDAQ: ABAT 3
Slide 4: ABTC Executive Leadership Team
ABTC Executive Leadership Team Ryan Melsert Steven Wu Jesse Deutsch Scott Jolcover CEO, CTO, and Director Chief Operating Officer Chief Financial Officer Chief Mineral Resource Officer 2024 2024 Annual Annual Meeting Meeting of of Shareholders Shareholders NASDAQ: ABAT 4
Slide 5: Voting on Items Proposed in the Proxy Statements
5 2024 Shareholders’ Meeting Voting on Items Proposed in the Proxy Statements 2024 Annual Meeting of Shareholders NASDAQ: ABAT 5
Slide 6: Shareholder Vote
Shareholder Vote American Battery Technology Company 2024 Annual Shareholders’ Meeting November 13, 2024 2024 Annual Meeting of Shareholders NASDAQ: ABAT 6
Slide 7: Secretary's Report on Voting
7 Secretary’s Report on Voting Voting on Items Proposed in the Proxy Statements 2024 Annual Meeting of Shareholders NASDAQ: ABAT 7
Slide 8: Adjournment of the Shareholder Meeting
8 2024 Shareholders’ Meeting Adjournment of the Shareholder Meeting 2024 Annual Meeting of Shareholders NASDAQ: ABAT 8
Slide 9: CEO Remarks
CEO Remarks American Battery Technology Company Ryan Melsert 2024 Annual Meeting of Shareholders NASDAQ: ABAT 9
Slide 10: Forward-Looking Statement
Forward-Looking Statement This presentation contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, are "forward- looking statements." Although the A
Slide 11: 3 Independent Challenges to the North American Battery Supply Chain
3 Independent Challenges to the North American Battery Supply Chain Security of Cost of Environmental Impact of Supply Supply Supply <1% $ Of global battery Many conventional materials produced Cost of battery minerals has recycling and mining by USA practices are harmful soared alongside supply sca
Slide 12: U.S. Circular Battery Materials Supply Chain
U.S. CIRCULAR BATTERY MATERIALS SUPPLY CHAIN 1 A robust and cost-competitive battery recycling industry can close-the-loop and make a meaningful impact on near-term domestic supply 2 However, recycling alone cannot meet growing demand, therefore domestic manufacturing of primary battery metals needs
Slide 13: A History of Achievements: ABTC Battery Recycling Milestones
A History of Achievements: ABTC Battery Recycling Milestones < 2023: Building Foundations 2024: Rapid Commercialization 2024+: Scaling & Growth Awarded $20M DOE/IRS Tax Credit Award for Recycling Facility #1 $2M Grant from Awarded $10M + US Advanced US DOE Grant, Additional Battery Advanced Awarded
Slide 14: A History of Achievements: ABTC Primary LiOH Manufacturing Milestones
A History of Achievements: ABTC Primary LiOH* Manufacturing Milestones < 2023: Building Foundations 2024: Rapid Commercialization 2025+: Scaling & Growth ABTC wins $2.8M DOE US DOI BLM ABTC wins $58M DOE Additional Grant/Loan Grant for LiOH Permitting Needs Grant to Construct Proposals Under Demonst
Slide 15: 2024 Key Company Goals
2024 Key Company Goals As Committed to During the December 2023 Shareholder Meeting 1) Publication of Tonopah Flats Preliminary Economic Assessment (PEA) 2) Publication of updated Tonopah Flats Resource Report 3) Commissioning and first operations of LiOH pilot plant 4) Execution of long-term offtak
Slide 16: Goal #1 - Tonopah Flats Initial Assessment (IA / PEA)
Key Company Goals #1 - Publication of Tonopah Flats Initial Assessment (IA / PEA) Status: Completed » Initial Assessment for Tonopah Flats published in January 2024, detailing Tonopah Flats Lithium Project as one of largest identified lithium resources in the U.S. 2024 Annual Meeting of Shareholders
Slide 17: Goal #2 - Updated Tonopah Flats Resource Report
Key Company Goals #2 - Publication of Updated Tonopah Flats Resource Report, with Measured and Indicated Classifications Status: Completed » Updated Initial Assessment for Tonopah Flats published in April 2024, detailing TFLP with upgraded mineral classifications of Measured and Indicated 2024 Annua
Slide 18: Goal #3 - Claystone Lithium Hydroxide Pilot Plant
Key Company Goals #3 - Commissioning of Claystone Lithium Hydroxide Pilot Plant Status: Completed » Commissioned in June 2024, producing battery-grade LiOH product 2024 Annual Meeting of Shareholders NASDAQ: ABAT 18 2024 Annual Meeting of Shareholders
Slide 19: Goal #4 - Long-Term Offtake Agreement for Tonopah LiOH
Key Company Goals #4 – Execution of Long-Term Offtake Agreement for Tonopah LiOH Status: In-Progress » Negotiations in progress with multiple long-term offtake strategic partners » Battery grade samples produced from claystone to LiOH pilot plant, technical due diligence by multiple customers and in
Slide 20: Goal #5 - Proven Reserve, 4th Drill Program
Key Company Goals #5 – Establish Proven Reserve at Tonopah Flats, 4th Drill Program Status: In-Progress » Drill program established for the additional program for resource expansion and facility of pit design 2024 Annual Meeting of Shareholders NASDAQ: ABAT 20 2024 Annual Meeting of Shareholders
Slide 21: Goal #6 - Tonopah Flats Preliminary Feasibility Study
Key Company Goals #6 – Publication of Tonopah Flats Preliminary Feasibility Study (PFS) Status: In-Progress » Expanded samples assayed from Drill Program #4 and additional data from operations of bench and pilot scale systems to enable PFS publication 2024 Annual Meeting of Shareholders NASDAQ: ABAT
Slide 22: Goal #7 - Strategic Partnership Agreement with BASF
Key Company Goals #7 – Execution of Strategic Partnership Agreement with BASF Status: Completed » ABTC and BASF enter into Strategic Partnership Agreement to create one of the first closed loop battery material supply chains within North America 2024 Annual Meeting of Shareholders NASDAQ: ABAT 22 20
Slide 23: Goal #8 - Battery Recycling Hydrometallurgy Processing Train
Key Company Goals #8 – Implementation of Battery Recycling Hydrometallurgy Processing Train Status: In Progress » C-sample quantities of battery grade metal products delivered to customers for evaluation (NiSO4, CoSO4, MnSO4, and LiOH) » Confirmation from customer that all required impurity and morp
Slide 24: Goal #9 - Site Selection for Second Recycling Facility
Key Company Goals #9 – Site Selection for Second Commercial-Scale Battery Recycling Facility Status: In Progress » ABTC selected for highly competitive grant from U.S. Department of Energy for $150 million in federal funding for construction of second battery recycling facility » Updated site select
Slide 25: Goal #10 - Permitting and Construction of LiOH Refinery
Key Company Goals #10 – Permitting and Construction of Tonopah Flats Commercial LiOH Refinery Status: In Progress » Permitting and commercial construction design of lithium hydroxide refinery underway 2024 Annual Meeting of Shareholders NASDAQ: ABAT 25 2024 Annual Meeting of Shareholders
Slide 26: Significant Milestones Achieved Beyond Previous Goals
Key Company Goals Significant Milestones Achieved Beyond Previous Goals » $20 million award to support expansion of current battery recycling facility » $40.5 million award to support construction of second battery recycling facility 2024 Annual Meeting of Shareholders NASDAQ: ABAT 26 2024 Annual Me
Slide 27: $150M DOE Grant for Second Battery Recycling Facility
Key Company Goals Significant Milestones Achieved Beyond Previous Goals $150M DOE Grant to fund construction of Second Commercial Battery Recycling Facility in 2025/2026 with production capacity of 100,000 tonnes/year » Represents a 5X capacity increase over existing plant with 100,000 tonnes/year p
Slide 28: Key Company Goals - The Year Ahead
Key Company Goals – The Year Ahead Goals for 2025 1) Publication of Prefeasibility Study (PFS) for Tonopah Flats 2) Establishment of probable/proven Reserve at Tonopah Flats 3) Execution of long-term offtake agreement for Tonopah Flats LiOH 4) Conversion/monetization of $20M 48C awarded tax credit f
Slide 29: Questions
29 Questions info@batterymetals.com 2024 Annual Meeting of Shareholders NASDAQ: ABAT 29
Slide 30: Concluding Remarks
30 Concluding Remarks Thank You 2024 Annual Meeting of Shareholders NASDAQ: ABAT 30
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