Iondrive Limited · ASX:ION
Iondrive — Investor Presentation (November 2024)
23 slides from Iondrive's investor presentation, November 2024
Slide 1: Cleaner, Greener, Cheaper Battery Recycling
INVESTOR PRESENTATION: Cleaner, Greener, Cheaper Battery Recycling November 2024
Slide 2: Disclaimer
02 Disclaimer Forward looking statements This document contains certain forward-looking statements that involve risks and uncertainties. Although we Not an offer of securities believe that the expectations reflected in the forward-looking statements are reasonable at this time, we can give no assura
Slide 3: Executive Summary
03 Executive Summary ➔ Massive Market Opportunity: Positioned to address a $100B battery recycling market driven by 11M tpa black mass demand by 2040¹, EV growth and regulatory tailwinds. Black Mass processing deficit in EU ~75% (exported to Asia). ➔ Cleaner, Greener, Cheaper recycling: Iondrive's D
Slide 4: Battery Recycling with a Cleaner, Greener, Cheaper Solution
04 Battery Recycling with a Cleaner, Greener, Cheaper Solution Our Vision ● To revolutionize battery recycling with cleaner, greener, and cost-effective solutions (attractive for EU). The Challenge: ● EV growth is creating millions of tons of end-of-life batteries, while +80% of black mass processin
Slide 5: Iondrive Team
05 Iondrive Team Michael McNeilly Dr Jack Hamilton Andrew Sissian Adam Slater Chair - BA Econ NED - PhD (Chem Eng) NED - CPA, MAcc, BCom NED - BA (Finance) • Chief Executive Officer of Strata Investments • Highly accomplished senior executive and board • Seasoned corporate and capital markets execut
Slide 6: Breakthrough Technology for a Huge Market Opportunity
Breakthrough Technology for a Huge Market Opportunity
Slide 7: Surging EV Demand Drives Urgent Battery Recycling Solutions
06 Surging EV Demand Drives Urgent Battery Recycling Solutions Battery Production (GWh) 2030: ~900 GWh Electrification increases significantly By 2030, around 40% of light vehicles globally will be based on a BEV platform and over 70% BEV share is expected in 2040. From 2030 to 2040 global battery d
Slide 8: Battery Recycling Driving Forces
07 Battery Recycling Driving Forces Legislation in Europe and Inflation Reduction Act (IRA) are aimed at securing sovereign energy transition capabilities (i.e. market share from China) and securing supply of critical minerals while capturing economic value • USA & EU drive for sovereign energy tran
Slide 9: European battery supply chains rely heavily on China and lack recycling capacity
08 European battery supply chains rely heavily on China and lack recycling capacity EU Import dependencies from single countries according to Recycling capacity CRMA* Comparison of hydromet capacity and produced black mass in Europe in 2024 (tpa) BAMM** 141,000 Produced black mass in Europe EU 26,20
Slide 10: End-of-Life LiB recycling
09 End-of-Life LiB recycling 1. Collection 2. Pretreatment Sorting Discharging Dismantling • Ferrous metals End-of-life • Non-ferrous metals lithium-ion batteries Separation Shredding Deactivation • Plastics Black Mass 3. Metal Recovery 6. Battery Production Construction Sector Slags Pyrometallurgy
Slide 11: Iondrive's Recycling Solution
10 Iondrive's Recycling Solution The IDT Process proves recovery Lithium carbonate can be rates of more than 98% for all retrieved in battery grade valuable materials Lithium carbonate Treated Untreated Black Mass Black Mass Nickel hydroxide Our technology DES Metal salts can be used for Our product
Slide 12: Disrupting the Battery Recycling Industry with Cleaner, Greener Technology
11 Disrupting the Battery Recycling Industry with Cleaner, Greener Technology ION Innovative Recycling Incumbent Recycling Technology Technology ➔ Requires incineration (pyrometallurgy) or toxic acids/bases ➔ Uses Deep Eutectic Solvents (DES) in conjunction with (hydrometallurgy) to extract valuable
Slide 13: Project Feasibility Study (PFS) Confirms Exceptional Recovery Rates and Market Viability
Project Feasibilty Study (PFS) Confirms Exceptional Recovery Rates and Market Viability
Slide 14: PFS De-risking Activities
12 PFS De-risking Activities ✅Complete In Progress Pending Iondrive completed its Pre-feasibility Study in October 2024. The PFS is a Techno- Economic Evaluation focusing on technological, commercial, and executional de-risking strategies. These de-risking activities ensure a strong foundation for s
Slide 15: Key PFS Findings
13 Key PFS Findings High Recovery Rates: Verified high recoveries across critical minerals (Li, Ni, Co, Mn) Cost-Advantages: 36% lower Capex than benchmark and competitive Opex Eco-Friendly: Minimal solvent loss (<2%), low toxic waste & less energy intensive Scalable & Viable: Proven scalability and
Slide 16: Commercialisation Pathway
GR londrive Commercialisation Pathway
Slide 17: Commercialisation Pathway
14 Commercialisation Pathway Technology Development • Scale-up Market Development • Strategic Partnerships • EU market breakthrough
Slide 18: Pilot Plant
15 Pilot Plant Timeline 6-month construction in FY2025 Planned 2-year operation ➔ Commence design and construction of a DES battery recycling Pilot Plant 2025 ◆ A major de-risking step on commercialisation pathway ◆ Stage 1: Semi-continuous scale-up work commencing Q1 2025; ◆ Stage 2: Continuous, fu
Slide 19: Business Model & Strategic Partnerships
16 Business Model & Strategic Partnerships Technology Partnerships Iondrive’s primary market focus is to take black mass (~$2,000/t) and recover Auto valuable materials OEMs (~$8,000/t) from black mass using our DES process Iondrive’s secondary focus EU Industry Partnerships is to take those materia
Slide 20: Investment Opportunity
GR londrive Investment Opportunity
Slide 21: Capital and Valuation Support for Breakthrough Technologies
17 Capital and Valuation Support for Breakthrough Technologies Breakthrough technologies that have the potential to 1200 Series D 2500 revolutionise Metal and Battery Recycling are Pre & Post Money Valuation AS$mn For Capacity Battery recycling based on a largely conventional Expansion 1000 attracti
Slide 22: Capital Structure
18 Capital Structure SUPPORTIVE STRATEGIC SHAREHOLDERS - MAJOR CORPORATE STRUCTURE: SHAREHOLDERS (>5%) Ordinary Shares 708.5m Strata Investment Holdings Plc ~18.8% Share Price (VWAP 26 Nov, 15 days traded) AUD$0.013 Ilwella Pty Ltd ~15.0% Market capitalisation AUD$9.2m Cash (30 Sept 2024) + Debtors/
Slide 23: Upcoming Catalysts
19 Upcoming Catalysts Economic Modelling Independent 3'd party modelling (NPVs IRRs) Pilot Plant: Project 1kg/hr continuous integrated process Strategic Collaborations: Continuing expansion of Technology Partners and Industry Partners EU and USA EU Consortium: Formalising consortium partners and est