American Battery Technology Company · NASDAQ:ABAT
American Battery Technology — FY2024 Earnings Presentation
19 slides from American Battery Technology's earnings presentation, Sep 23, 2024
Slide 1: FY 2024 Financial Summary Presentation
FY 2024 Financial Summary Presentation Shareholder Presentation September 23, 2024
Slide 2: Forward-Looking Statement
2 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
Slide 3: Agenda
Agenda » CEO Opening Remarks » ABTC Business Lines » Lithium-Ion Battery Recycling Status Ryan Melsert Chief Executive Officer » Primary Claystone to Lithium Hydroxide Status » Financial Summary » Closing Jesse Deutsch Chief Financial Officer 3
Slide 4: ABTC Business Lines
ABTC Business Lines 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 to be ramped rapidly to
Slide 5: FY 2024 Financial Summary
FY 2024 Financial Summary FY24 FY23 Notes First company revenue, generated from sales of Revenue $344k $0 commercial quantities of recycled products Increase as additionally awarded grants Funding from Government Grants $3.3M $0.9M contracted within fiscal year Cash Reduction in capital expenses for
Slide 6: Battery Recycling Business
Battery Recycling Business FY24 Goals Actions • Purchased existing vacant facility, rapid installation of • Accelerate implementation of first recycling facility processing equipment throughout Summer 2023 • Start of Operations in Fall 2023 • Once commissioned, ramp throughput of facility • Added sh
Slide 7: Battery Recycling Business: Company Revenue, Sale of Recycled Products
Battery Recycling Business Company Revenue, Sale of Recycled Products Recycled Product Sales 1) Sales of recycled metals and intermediate black mass filter cake 2) Sold to strategic customers and to metal brokers 3) Initial sales occurred within FY24 prior to June 30, 2024, ongoing sales from operat
Slide 8: Battery Recycling Business: New Chief Operating Officer
Battery Recycling Business New Chief Operating Officer Primary Responsibilities 1) Driving ramp rate and operational efficiencies of Recycling facility 2) Operations of claystone to lithium hydroxide integrated demonstration facility 3) Leading definition and achievement of KPIs/OKRs and company mil
Slide 9: US DOE Grant: $10M for Commercialization of Advanced Battery Recycling
Battery Recycling Business US DOE Grant: $10M for Commercialization of ABTC Advanced Battery Recycling Technologies Next Generation Advanced Battery Recycling Project Start Date October 2023 Technology Development Project End Date March 2027 1) Separation, recovery, purification, and low- temperatur
Slide 10: US DOE / IRS Award: $20M 48C Credit Allocation
Battery Recycling Business US DOE / IRS Award: $20M Qualifying Advanced Energy Project Credit Allocation, IRS 48C First Battery Recycling Facility: Reno, NV Qualified Tax Credit, $20M Credit Award Date March 2024 1) Highly competitive process, two-stage proposal beginning in Fall 2023, <9% of Alloca
Slide 11: Strategic Partnerships & Industry OEMs
Battery Recycling Business Strategic Partnerships & Industry OEMs • Strong partnerships for the offtake of battery grade metals • Negotiations with virtually all automotive OEM’s, cell manufacturers, material refiners, and material brokers within North America • Under bid and/or negotiation for more
Slide 12: US DOE / IRS Award: $40M 48C Credit Allocation
Battery Recycling Business US DOE / IRS Award: $40M Qualifying Advanced Energy Project Credit Allocation, IRS 48C Second Battery Recycling Facility: TBD Qualified Tax Credit, $40M Credit Award Date March 2024 1) Highly competitive process, two-stage proposal beginning in Fall 2023, <9% of proposals
Slide 13: US DOE Grant: $150M for Second Commercial Recycling Facility
Battery Recycling Business US DOE Grant: Selected for a $150M to Support Construction of Second Commercial Battery Recycling Facility* Construction of Second Commercial Battery Recycling Facility Project Start Date TBD 2025 1) Facility to manufacture critical battery minerals including Project End D
Slide 14: Property and Partially Constructed Recycling Facility in Fernley, Nevada
Battery Recycling Business ABTC Property and Partially Constructed Recycling Facility in Fernley, Nevada • Partially constructed facility on Logan Lane, on market for sale • ABTC prioritizing recycling facility on Peru Drive • Additional battery recycling facilities to be co-located with strategic p
Slide 15: Claystone to LiOH Business
Claystone to LiOH Business FY24 Goals Actions • Complete 3rd drill program at Tonopah Flats Lithium • Initial Assessment (IA) published and included the Project (TFLP) and upgrade resource classification majority of resource updated to Measured and Indicated classification • From bench scale trials,
Slide 16: US DOE Grant: $2.3M Demonstration Claystone to LiOH System
Claystone to LiOH Business US DOE Grant: $2.3M to Support Construction of Demonstration Claystone to LiOH System Construction of Demonstration Scale Project Start Date October 2021 Claystone to LiOH System Project End Date March 2025 1) Construction of ~5 tonnes/day feed rate integrated demonstratio
Slide 17: US DOE Grant: $57.7M Commercial Scale Claystone to LiOH System
Claystone to LiOH Business US DOE Grant: $57.7M to Support Construction of Demonstration Claystone to LiOH System Construction of Commercial Scale Claystone Project Start Date August 2023 to LiOH System Project End Date July 2028 1) Initial capacity of 5,000 tonnes LiOH/yr, with ability to scale up
Slide 18: FY 2024 Financial Summary
FY 2024 Financial Summary FY24 FY23 Notes First company revenue, generated from sales of Revenue $344k $0 commercial quantities of recycled products Increase as additionally awarded grants Funding from Government Grants $3.3M $0.9M contracted within fiscal year Cash Reduction in capital expenses for
Slide 19: Thank You
19 Annual Shareholder Meeting to be held November 2024 Thank You www.americanbatterytechnolog.com info@batterymetals.com 2024 2024 American American Battery Battery Technology Technology Company Company NASDAQ: ABAT
American Battery Technology Company — FY2024 Earnings Presentation on 6ix