Ecograf Ltd. · ASX:EGR
Ecograf — Shareholder Meeting (November 2021)
43 slides from Ecograf's shareholder meeting presentation, Nov 26, 2021
Slide 1: AGM Investor Presentation
ENGINEERING CLEAN ENERGY 26 NOVEMBER 2021 ASX: EGR AGM Investor Presentation Diversified battery anode materials company EcoGraf Limited (EcoGraf or the Company) (ASX: EGR; FSE: FMK; OTCQX: ECGFF) is pleased to release a copy of the AGM Investor Presentation to be provided by Andrew Spinks to shareh
Slide 2: Annual General Meeting - Presentation and Business Update
26 November 2021 Annual General Meeting - Presentation and Business Update ASX: EGR FSE: FMK OTCQX: ECGFF
Slide 3: 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 4: Diversified Battery Anode Material Business
DIVERSIFIED BATTERY ANODE MATERIAL BUSINESS SUPPORTING THE GLOBAL TRANSITION TO CLEAN ENERGY AND E -MOBILITY TANZANIAN GRAPHITE PRODUCT DEVELOPMENT PROJECTS & INNOVATION Scalable mining projects for Products to support new long-term supply of natural technologies and graphite products increase mater
Slide 5: 2021 Achievements
2021 Achievements. KEY HIGHLIGHTS FROM A TRANSFORMATIONAL YEAR Australian Battery Anode Material Facility Lithium-ion Battery Recycling Business + POSCO enters into battery anode material agreement + Outstanding results achieved of up to 99.98% carbon, + ‘Major Project Status’ awarded by the Austral
Slide 6: 2022 Outlook
2022 Outlook. CHARGING AHEAD TANZANIAN GRAPHITE PROJECT ❑ Finalise Epanko project debt PRODUCT DEVELOPMENT & INNOVATION EUROPEAN BATTERY ANODE financing for stage 1 – 60,000tpa MATERIAL FACILITY ❑ Global bi-product development programs commenced Site evaluations for second 20,000tpa ❑ Innovative ano
Slide 7: Corporate summary
Corporate summary Board & Executive Management Business Locations Share Price Skellefteå Industrial Site Pilot Plant Chairman Managing Director German Office Robert Pett Andrew Spinks Shares on issue: 450m Epanko Director Chief Financal Officer Graphite Unlisted performance rights: 7.45m John Conidi
Slide 8: Lithium-ion Battery Market, Pricing and EcoGraf Patent
Lithium-ion Battery Market, Pricing and EcoGraf Patent. 7
Slide 9: Compelling market opportunity
Compelling market opportunity 8 8
Slide 10: Lithium-ion battery chemistry
Lithium-ion battery chemistry Graphite is the major raw material in lithium-ion batteries Lithium 17% Lithium 15% Lithium 16% Lithium 16% Lithium 11% Cathode Nickel 29% Nickel 43% Nickel 68% Nickel 73% Other 83% Manganese 29% Manganese 24% Manganese 8% Cobalt 27% Cobalt 17% Cobalt 14% Cobalt 8% EcoG
Slide 11: European demand growth in key regions
European demand growth in 3 key regions Over 1,000 GWh/a lithium battery cell production capacity announced through to 2030 WESTERN EUROPE NORTHERN EUROPE UK ∑ ~55 GWh/a ∑ ~1,000 GWh/a Norway ∑ ~70 GWh/a Sweden ∑ ~40 GWh/a Germany ∑ ~270 GWh/a EASTERN EUROPE Poland ∑ ~65 GWh/a Slovakia ∑ ~10 GWh/a H
Slide 12: POSCO Intl. enters into battery anode material agreement
POSCO Intl. enters into battery anode material agreement is a major South Korean industrial group and leading battery anode manufacturer Highlights: Intention to enter into a formal offtake agreement for South Korean (SK) market to drive raw material demand: the supply of EcoGraf™ HFfree battery ano
Slide 13: International patent examiner confirms process novel & inventive
International patent examiner confirms process novel & inventive ▪ International Examining Authority deems all 25 patent claims novel and inventive. PURIFIED BATTERY ▪ Paves the way for grant of the ANODE patent MATERIAL ▪ Covers production of battery anode material and recycling aECO-FRIENDLY aCOST
Slide 14: EU Commission battery ESG regulations
EU Commission battery ESG regulations New measures announced to promote sustainability POLICY E C O G R A F ’ S E S G A D VA N TA G E S Responsible sourcing a EcoGraf™ HFfree proprietary purification process of raw materials a Epanko developed under Equator Principles a EcoGraf™ recycling capability
Slide 15: Market and pricing outlook
Market and pricing outlook GRAPHITE PRICES FORECAST BATTERY UP 16% MARKET GROWTH OF 30%PA TO 2030 LAST QUARTER 14 14
Slide 16: Battery Anode Material Business
DEVELOPMENT READY Battery Anode >60% YIELD MAXIMISE EFFICIENCY AND PROFITABILITY Material Business. 75% WATER TO BE REUSED IN OPERATION 15
Slide 17: Battery graphite business summary
Battery graphite business summary STATE-OF-THE-ART FACILITY TO DELIVER HIGH QUALITY, SUSTAINABLY PRODUCED HF-FREE ECOGRAF’S FIRST FACILITY TO MEET HIGH BATTERY ANODE MATERIAL PRODUCTS GROWTH GLOBAL BATTERY DEMAND Initial commercial production plant commencing at 5,000tpa and expanding to 20,000tpa F
Slide 18: Western Australia: Kwinana-Rockingham battery minerals developments
Western Australia: Kwinana-Rockingham battery minerals developments Globally recognised location for processing of battery minerals BAT T E RY A N O D E FAC I L I T Y I S C O M P L E M E N TARY TO T H E C AT H O DE D E V E LO P M E NT S 17 17
Slide 19: Western Australian battery anode materials processing facility
Western Australian battery anode materials processing facility CURRENT STATUS • Development awarded Australian Government Major Project Status and Lead Agency support from the WA State Government • Export Finance Australia support received for US$35m expansion loan • Pre-construction works in progre
Slide 20: Western Australian battery anode materials processing facility
Western Australian battery anode materials processing facility IMMEDIATE NEXT STEPS • Site layout and design for 5,000 tonnes per annum plant optimised to extract maximum efficiency • Project schedule de-risked with procurement activities focused on securing long lead items of plant & equipment • Ap
Slide 21: Product Development and Innovation
UNDER DEVELOPMENT Product Development and Innovation . 20
Slide 22: Sustainability focus and product development initiatives
Sustainability focus and product development initiatives BATTERY ANODE MATERIAL PRODUCTS Main Product Secondary Product Product Development of Bi-Product Fines ELECTRIC VEHICLES, HYBRID CARS/ POWER TOOLS CAST & GREY CAST STEEL AA, AAA, Li-ION CEM LUBRICANTS, THERMAL END USE STORAGE PACK & 3C APPLICA
Slide 23: Western Australia: Kwinana-Rockingham hydrogen developments
Western Australia: Kwinana-Rockingham hydrogen developments Planning commenced for new hydrogen clean energy developments 22 22
Slide 24: Green hydrogen fuel cell requires ecoCEM
Green hydrogen fuel cell requires ecoCEM Hydrogen fuel cell – bipolar plates HYDROGEN FUEL-CELL • Bipolar plates are a key component for fuel cells High value market and significant opportunity to • The bipolar plates that distribute fuel inside the cell require participate in the Green Hydrogen sec
Slide 25: Innovative battery anode coatings program
Innovative battery anode coatings program Development of an enhanced coating technology to improve battery performance using FYI HPA and EcoGraf™ battery anode material • Testwork being undertaken with a leading US commercial battery material research facility • Program includes evaluation of electr
Slide 26: Future vision for lithium-ion battery manufacturing in Australia
Future vision for lithium-ion battery manufacturing in Australia Significant economic opportunity from anode manufacturing by leveraging EcoGraf’s Australian development Indirect economic benefits from battery material manufacturing are estimated to be 3 times higher than goods sold at all stages of
Slide 27: Global expansion strategy for EcoGraf's battery anode business
Global expansion strategy for EcoGraf’s battery anode business Supply of sustainably produced HFfree battery anode materials to key growth markets Potential additional site locations under evaluation Sweden Reservation agreement signed with the Skellefteå municipality for a 65,000m2 site Germany Wor
Slide 28: Natural Flake Graphite Business
DEVELOPMENT READY Natural Flake US$44.5M ANNUAL EBITDA Graphite Business. 60,000TPA NATURAL FLAKE GRAPHITE 27
Slide 29: Natural graphite business summary
Natural graphite business summary LONG LIFE EPANKO Capital investment Defined, De-risked • Bankable Feasibility Study completed by and Ready For GR Engineering Services GRAPHITE MINE TO SUPPLY INDUSTRIAL 60,000tpa Construction • Bank appointed Independent Engineer’s AND BATTERY MARKETS Review comple
Slide 30: Significant contribution to Tanzanian economy
Significant contribution to Tanzanian economy US$3+ BILLION 300 TANZANIANS COMMUNITY direct contribution to the economy over 40+ to be directly employed DEVELOPMENT years through local procurement of goods and (over 95% of all staff) for 40+ years via new housing, school, Church, medical services, e
Slide 31: High quality graphite deposit with scale
High quality graphite deposit with scale Epanko Mineral Resource estimate >8% TGC • Mineral Resource supports potential for depth and strike Tonnage Contained extensions of the Ore Reserve pit shells JORC classification (Mt) graphite (t) • Mineralisation commences at surface with minimal cover Measu
Slide 32: EcoGraf provides mine-to-market ESG supply chain assurance
EcoGraf provides mine-to-market ESG supply chain assurance • EcoGraf’s Epanko 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 econo
Slide 33: Lithium-ion Battery Recycling Business
PILOT SCALE READY Lithium-ion Battery Recycling Business. 32
Slide 34: Battery recycling
Battery recycling Market Overview EU legislation to require more battery Recycling efforts have focused on cathode metals recycling and greater transparency in the raw materials supply chain Carbon anode materials are currently not recovered Carbon material which is a waste product PRODUCTION genera
Slide 35: EcoGraf positioned to recover and reuse carbon anode material
EcoGraf positioned to recover and reuse carbon anode material Agreement signed with South Korea’s largest lithium-ion battery recycling group SungEel HiTech 34 34
Slide 36: EcoGraf recycling results using production scrap feedstock
EcoGraf™ recycling results using production scrap feedstock KEY SPECIFICATION OUTCOMES Physical Chemical Carbon Content (LOI) 99.98% Significant achievement, with the EcoGraf™ purification process upgrading carbon and d10 7.7 micron Al <5 ppm reducing impurities to minimum levels, whilst d50 15.9 mi
Slide 37: Recycling strategy for recovered anode material
Recycling strategy for recovered anode material Prioritising high value natural and synthetic industrial applications for reuse of carbon anode material in industrial applications. 36 36
Slide 38: Next steps - modular recycling pilot plant
Next steps - modular recycling pilot plant Key features: • Capacity of 50-100kg/hr • Capital cost US$4.5m • State-of-the-art-facility utilising EcoGraf™ HFfree purification process with design providing location flexibility • Design criteria based on operating at the highest environmental standards
Slide 39: Growth Strategy, Value Proposition and Outlook
Growth Strategy, Value Proposition and Outlook. 38
Slide 40: Diversified battery anode material business supporting the global transition
DIVERSIFIED BATTERY ANODE MATERIAL BUSINESS SUPPORTING THE GLOBAL TRANSITION TO CLEAN ENERGY AND E-MOBILITY a Over 8 years of technical work a Downstream processing strategy a Strategy to expand production and programs and extensive product centered on producing purified regionalise additional facil
Slide 41: EcoGraf's vertically integrated product flow
EcoGraf’s vertically integrated product flow CLOSED LOOP RECYCLING Production Scrap Global Graphite Feedstock Lithium-ion Battery Lithium-ion Battery Battery Anode Manufacturing Anode Recycling Plant Material Facility Epanko Graphite Project R E-USE M ARKET Natural + Synthetic Applications Industria
Slide 42: Value proposition
Value proposition BATTERY ANODE EPANKO NATURAL RECYCLING OF CARBON MATERIAL FACILITY GRAPHITE PROJECT ANODE MATERIAL + 20,000tpa battery graphite + 60,000tpa natural flake graphite + Significant results 99.98%C + US$35m annual EBITDA + US$44.5m annual EBITDA + Production scrap – large market + 42.4%
Slide 43: The Future is Electric
THE FUTURE IS ELECTRIC NATURAL GRAPHITE BATTERY ANODE MATERIAL LITHIUM-ION BATTERY RECYCLING PRODUCT DEVELOPMENT & INNOVATION Follow EcoGraf on LinkedIn, Twitter or sign up to the company’s newsletter 18 Richardson Street for the latest announcements, media releases and market news. West Perth, WA 6