Ecograf Ltd. · ASX:EGR
Ecograf — Benchmark's Tesla Battery Day Presentation (September 2020)
36 slides from Ecograf's conference presentation, Sep 23, 2020
Slide 1: Benchmark's Tesla Battery Day Presentation
ASX: EGR FSE: FMK ENGINEERING CLEAN ENERGY Benchmark’s Tesla Battery Day Presentation 2 3 rd S e p t e m b e r 2 0 2 0 Closing the Carbon Loop www.ecograf.com.au
Slide 2: Vertically integrated graphite business supporting the clean energy transition
Vertically integrated graphite business positioned to support the global transition to clean energy and E-mobility. 2
Slide 3: Corporate summary
Corporate summary Board and Executive Management Development of German pilot plant provides market Chairman leading technical Robert Pett capabilities: a battery graphite manufacturing Managing Director a product testing, analysis Andrew Spinks and development a flake graphite processing Director Jo
Slide 4: Vertically integrated graphite business poised for development
Vertically integrated graphite business poised for development Environmentally friendly EcoGraf™ processing Supporting the Global Transition to Clean Energy and E-Mobility technology to produce 20,000 tonnes per annum of purified graphite for lithium-ion batteries a Proprietary processing technology
Slide 5: Compelling lithium-ion battery market opportunity
Compelling lithium-ion battery market opportunity Graphite forecast to dominate EV market forecast to drive +700% growth battery mineral demand to 2050 in natural graphite demand by 2025 Roskill Source: World Bank Group, May 2020 Source: World Bank Group, May 2020 27kg Purified natural graphite per
Slide 6: Unprecedented investment in new European battery capacity
Unprecedented investment in new European battery capacity Mo i Rana, 2023 Salzgitter, 2024 Ramp-up to 32 GWh 16GWh, later 24GWh EcoGraf is positioned to support Skelleftea, 2021 the massive demand for high Erfurt, 2022 8GWh, later 32GWh quality, sustainably produced 14GWh, later 100GWh battery miner
Slide 7: Battery & EV joint ventures provide significant supply chains
Battery & EV joint ventures provide significant supply chains + + + + + + + + + + Source: After Roland Zenn (Europe) 7 7
Slide 8: Battery graphite business summary
Battery graphite business summary Establishing the world’s first commercial battery graphite purification facility outside of China Initial commercial production plant commencing at 5,000tpa, expanding to 20,000tpa by 2022 a EcoGraf™ proprietary purification process eliminates use of toxic hydrofluo
Slide 9: Initial battery graphite facility to be constructed in Western Australia
Initial battery graphite facility to be constructed in Western Australia Staged expansion from 5,000tpa to 20,000tpa Flexibility via scalable modular design 5,000tpa + PLAY MOVIE 20,000tpa 9 9
Slide 10: Australian Government support
Australian Government support KWINANA INDUSTRY AREA PERTH Federal and State Government support for new technology and value added manufacturing Kwinana to become a major global battery mineral processing centre • Australian Government funding support and debt financing in progress • Lead Agency role
Slide 11: EcoGraf development process
EcoGrafTM development process German optimisation and EcoGraf™ Battery graphite scoping feedstock testing feedstock benchmarking study completed Product testing and completed program endorsement AUG Battery graphite Preliminary feasibility OCT Feasibility and NOV feasibility and EcoGraf™ 2015 engine
Slide 12: Rigorous commitment to on-going technical development
Rigorous commitment to on-going technical development • Test work performed in Australia and Germany conducting >100 trials using a systematic, scientific 4 years of intensive test work and method to optimise the purification process with research and development support from the process design to d
Slide 13: Extensive product qualification testing successfully completed
Extensive product qualification testing successfully completed Over 80 graphite product samples, including various grades of spherical graphite, tested successfully by battery anode manufacturers in Asia and potential customers in Europe and North America Product specifications (SpG15) a Testing con
Slide 14: Cost-effective and scalable manufacturing process
Cost-effective and scalable manufacturing process Process flowsheet and planned Agreement in place to scale-up de-risked through secure feedstock extensive engineering, Standard equipment optimisation and product qualification programs, achieving International patent strong customer endorsement pend
Slide 15: EcoGraf results confirm superior performing battery material
EcoGrafTM results confirm superior performing battery material Not all graphite is equal - Crystallinity is an important property in the lithium-ion battery as the level of crystallinity affects the electrochemical performance. In natural graphite deposits, crystallinity is determined by the geologi
Slide 16: Closing the carbon loop
Closing the carbon loop Challenge • Recycling efforts focus on Cathode metals • Carbon anode material is currently not recovered and is landfilled Carbon material which is waste product PRODUCTION generated from each stage of the battery SCRAP anode manufacturing, cell manufacturing and battery test
Slide 17: Closing the carbon loop: collaboration is critical
Closing the carbon loop Collaboration is critical to develop closed loop lithium- ion battery manufacturing for anode carbon materials 17 17
Slide 18: EcoGraf purification for recycling anode material
EcoGrafTM purification for recycling anode material Positive initial results demonstrate EcoGrafTM recovery of high purity carbon anode material from recycled lithium ion batteries • Confirms the flexibility of the EcoGrafTM purification process for use in a range of purification applications, deliv
Slide 19: Cost effective purification process to recover carbon anode material
Cost effective purification process to recover carbon anode material Process optimised to produce high purity battery graphite (99.95%C) from natural graphite as precursor to battery anode material International patent pending for chemical purification process ✓ Eco-friendly ✓ Cost-effective ✓ High
Slide 20: EcoGraf purification results
EcoGrafTM purification results The EcografTM proprietary purification process has successfully recovered high purity carbon anode material from both lithium-ion ‘production scrap’ and z ‘black mass’ materials PRODUCTION SCRAP BLACK MASS (%C) (%C) Product Sample 98-99.85% 30-50% EcoGrafTM Purificatio
Slide 21: EcoGraf recovered high purity carbon anode material
EcoGrafTM Recovered High Purity Carbon Anode Material EcoGrafTM process retains particle shape for reuse. Microscopic picture: Recovered carbon anode material showing particle shapes. Oval shaped particles (spheronised natural graphite) and plate shapes synthetic graphite. 21 21
Slide 22: EcoGraf's strategy to recover and reuse carbon anode material
EcoGraf’s strategy to recover and reuse carbon anode material 22 22
Slide 23: Results support reuse in high purity carbon anode material
Result support reuse in high purity carbon anode material 23 23
Slide 24: Production scrap market
Production scrap market Battery Cell Production Production loss during battery cell manufacturing and product testing estimates: Potential Market Size as % of Battery Production Source: Panasonic Investor Presentation , Tesla company reports Early Production Target Production losses during cell prod
Slide 25: Lowering carbon emission footprint of EV production
Lowering carbon emission footprint of EV production Battery represents over 40% Carbon (CO2) emission footprint of EV production • Estimated 10% to 30% production loss in cell manufacturing and in battery testing • Solution: Develop ‘In-Process’ of Production Scrap, i.e. Slurries and Coating Process
Slide 26: Recycling market evolving rapidly
Recycling market evolving rapidly World Bank Report - Share of Mineral Demand from Energy Storage through 2050 Global effort by EV and battery manufacturers to develop a circular economy through zero-waste batteries • Existing recycling practices are outdated with significant battery material dispos
Slide 27: Closing the Carbon Loop
Closing the Carbon Loop EcoGrafTM proprietary purification has the potential to provide a tailored and customised solution to increase recycling of recovered carbon anode material • Contribute to lowering battery unit cost • Contribute to lowering carbon emissions z Blending EcoGraf’s Kwinana high p
Slide 28: Flake graphite business summary
Flake graphite business summary Long life Epanko Graphite Mine to supply industrial and battery markets a Bankable Feasibility Study completed by GR Engineering Services Defined, de-risked and ready for construction a Bank appointed Independent Engineer’s Review completed by SRK Consulting a Support
Slide 29: Bankable feasibility study (BFS) key highlights
Bankable feasibility study (BFS) key highlights • 50% increase in production to 60,000tpa positions Epanko to • Executed marketing strategy with strong alignment to be a major baseload supplier of high value graphite products German industry and the battery supply chain in Japan, to traditional and
Slide 30: High returning 60ktpa BFS positions Epanko for development
High returning 60ktpa BFS positions Epanko for development Epanko bankable feasibility study outcomes • Robust technical and financial BFS completed, conforming with IFC standards Development period (months) 19 – Average production of 60,000tpa graphite concentrate Average annual throughput (tonnes)
Slide 31: VTEM shows highly conductive undrilled western zone with significant graphite potential
VTEM shows highly conductive undrilled western zone with significant graphite potential • Significant mineralisation exists outside of the Mineral Resource estimate modelled on an 8% TGC cut-off compared to the 5% TGC cut-off utilised for the Ore Reserve – Mineral Resource at lower 5% TGC is 113.3Mt
Slide 32: Full compliance with mineral legislation
Full compliance with mineral legislation Epanko to demonstrate success of new laws Requirement TanzGraphite Action • Annual plans submitted to Mining Commission with all targets achieved Local content • 64% of economic returns to Tanzania • Opportunity for skills and technology transfer in high grow
Slide 33: Epanko provides mine-to-market ESG supply chain assurance
Epanko provides mine-to-market ESG supply chain assurance • Mine development satisfies Equator Principles social and environmental planning standards • Long-life, high quality supply of natural flake graphite for industrial and battery markets Epanko to transform the regional • Ideally located to su
Slide 34: Summary and valuation proposition
Summary and valuation proposition Proprietary EcoGraf™ purification Vertically integrated graphite business Development ready graphite technology provides sector leading positioned for the global transition to businesses forecast to generate ESG credentials with application to clean energy US$80m EB
Slide 35: Disclaimer
Disclaimer Securities Disclaimer This presentation is for informational purposes only and does not constitute an offer to sell, or solicit to purchase, any securities. Such offer can be made only through proper subscription documentation and only to investors meeting strict suitability requirements.
Slide 36: The future is electric.
The future is electric. Head Office Level 1, 18 Richardson Street West Perth, Western Australia 6005 T: +61 8 6424 9000 www.ecograf.com.au
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