Electric Metals Usa Limited · TSXV:EML
Electric Metals Usa — Investor Presentation (July 2024)
23 slides from Electric Metals Usa's investor presentation, July 2024
Slide 1: Highest-Grade Manganese Deposit in North America
With the Highest-Grade Manganese Deposit in North America, Electric Metals is Poised to Become a Significant Domestic Producer of High-Value, High-Purity Manganese Products for the EV Battery, Technology, and Industrial Markets JULY 2024 TSXV: EML OTCQB: EMUSF www.electricmetals.com
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT PRESENTATION DISCLAIMER Information provided in this presentation is summarized and may not contain all available material information. Accordingly, readers are cautioned to review the Company’s public disclosure record in full. The Company expressly disclaims any responsibility
Slide 3: Table of Contents
Table of Contents 1. Overview of Manganese ● What is Manganese? ● Demand for High Purity Manganese ● Current Sources of Manganese ● The Importance of Domestic Supply ● Current North American Battery Initiatives 2. Company Overview ● Mission Statement ● Differentiated Resource ● Compelling Industry D
Slide 4: Manganese… the less talked about critical mineral
Manganese…the less talked about critical mineral The 4th most used metal on the planet. It’s used in making: Manganese is used in 60% of all EV batteries, including: ● Steel NMC nickel manganese cobalt ● Metal Alloys ● Batteries LMFP lithium manganese iron phosphate ● Aluminum Cans LMR lithium and m
Slide 5: Manganese Demand by Battery Chemistry
Manganese Demand by Battery Chemistry Manganese cathode demand +634% '000 tonnes contained Mn 1300 1200 1100 1000 900 800 700 600 500 400 300 200 100 0 2015 2020 2025 2030 2035 2040 NCA NCM(NMX) LMO LMNO LFP/LMFP Other 5 TSXV EML OTCQB EMUSF www.electricmetals.com
Slide 6: High Purity Manganese Demand
High Purity Manganese Demand The electrification of the global transportation fleet coupled with other energy storage applications will drive incremental demand for high-purity manganese products. EV BATTERY MANGANESE DEMAND FORECAST BY END USE: 2015-2040 Contained Mn tonnes 1000000 800000 600000 40
Slide 7: The U.S. is Reliant on Manganese Imports from Foreign Entities of Concern
The U.S. is Reliant on Manganese Imports from Foreign Entities of Concern U.S. imports 100% of its manganese China controls ~96% of global HPMSM production capacity Manganese ore is being shipped to China mainly from Africa for processing into high-purity products and then shipped to the United Stat
Slide 8: Why Domestic Supply Matters
Why Domestic Supply Matters National Security Economic Stability ● Designated critical mineral ● Ensures stability of supply ● Used in making steel, batteries, and industrial applications. ● Reduces reliance on foreign suppliers ● There is NO domestic production ● Creates jobs ● 100% manganese impor
Slide 9: North American Battery Initiatives
39 North American 33 Battery Initiatives “The USA depends on unreliable foreign sources for many of the strategic and critical minerals necessary for the clean energy transition. Demand for such materials is projected to increase exponentially as the world transitions to a clean energy economy”1 1 P
Slide 10: Table of Contents
Table of Contents 1. Overview of Manganese ● What is Manganese? ● Demand for High Purity Manganese ● Current Sources of Manganese ● The Importance of Domestic Supply ● Current North American Battery Initiatives 2. Company Overview ● Mission Statement ● Differentiated Resource ● Compelling Industry D
Slide 11: Mission
Mission Become a significant producer of high value, high purity manganese products to supply the North American EV battery, technology, and industrial markets from the highest-grade manganese mine in North America. 11 TSXV EML OTCQB EMUSF www.electricmetals.com
Slide 12: Highly Differentiated Resource
Highly Differentiated Resource Highest-Grade Manganese Deposit in North America ● NI 43-101 resource with 10% cutoff grade averages 19.3% manganese at indicated levels and 17.5% at inferred levels ● Several historical drill holes have intersected grades above 50% manganese Large Deposit ● Roughly 2.
Slide 13: Compelling Industry Dynamics
Compelling Industry Dynamics Favorable Regulatory and Operating Environment ● Manganese added to the U.S. Government Critical Elements list in 2018 ● The U.S. government is moving to increase domestic production of critical minerals by reducing bureaucracy, streamlining permitting and approval proce
Slide 14: Emily Manganese Project Location
Emily Manganese Project Location POWER & GAS SKILLED MINING WORKFORCE ● Adjacent 69 AC power line ● Minnesota supplies > 90% of and three larger lines domestic U.S. iron ore nearby production; Emily can leverage ● Major trunk gas pipeline 20 off the existing skilled workforce. miles south MAJOR HIGH
Slide 15: How the Emily District was formed
How the Emily District was formed 15 TSXV EML OTCQB EMUSF www.electricmetals.com
Slide 16: U.S. Steel's 1959 Open Pit Plan
U.S. Steel’s 1959 Open Pit Plan The historical drilling 70 to 80 years ago was done by companies that were renowned for putting into production profitable mines. Most of the drill core and related assay data are preserved and archived in Hibbing, Minnesota at the MN DNR drill core repository. 16 TSX
Slide 17: Emily Mineral Resource Footprint
Emily Mineral Resource Footprint The upgraded Mineral Resource Estimate is based on a geological model incorporating data from 29 diamond core holes drilled by NSM in 2023 in the eastern and central portion of the Emily Manganese Deposit, and historical drilling data from 7 diamond core holes drille
Slide 18: Confirmed High-Grade NI 43-101 Resource
Confirmed High-Grade NI 43-101 Resource NI 43-101 EMILY MANGANESE PROJECT RESOURCE ESTIMATE CALCULATED BY FORTE DYNAMICS, MAY 2024 Cutoff Metric Tons Density Class Mn (%) Fe (%) SiO2 (%) (Mn%) (kt) (g/cm3) 15 4,264 3.08 22.3 21.7 25.8 Indicated 10 6,234 3.10 19.3 22.4 29.4 5 14,475 2.98 12.1 22.2 38
Slide 19: HPMSM Testwork Underway
HPMSM Testwork Underway Testing has been performed in campaigns since the 1990’s by a variety of laboratories for a variety of companies. • United States Bureau of Mines Testwork 1990 – 1992 • Coleraine Minerals Research Laboratory (CMRL) Testwork 1995, 2009, 2011 • Barr Engineering Process Developm
Slide 20: Emily Project Phased Development
Emily Project Phased Development 1 - 6 MONTHS 6 - 12 MONTHS 12 - 18 MONTHS ● Design drill program to upgrade ● Undertake geological, geotechnical • Prepare NI 43-101 resource to measured resources and and environmental drilling program update obtain other technical data ● Initiate scoping study on p
Slide 21: Key Takeaways
Key Takeaways ● Green energy transition is coming...and won’t happen without manganese TSXV: EML OTCQB: EMUSF ● Social mood, government regulation and incentives are driving electrification of everything ● Electrification of vehicles is driving demand for lithium-ion batteries ● 60% of EV batteries
Slide 22: Corporate Snapshot
Corporate Snapshot MULTI-DISCIPLINARY BOARD & EXECUTIVE TEAM TSXV EML OTCQB EMUSF Dr. Quinton Hennigh Mr. Brian C Savage NON-EXECUTIVE DIRECTOR CEO & DIRECTOR CAPITAL STRUCTURE AT JULY 1, 2024 Internationally renowned exploration geologist Entrepreneurial business executive with a Shares Outstanding
Slide 23: Thank You
Thank CONTACT US You +1 720-933-1150 info@electricmetals.com electricmetals.com REGISTERED OFFICE 365 Bay Street Ste 800 Toronto, Ontario M5H 2V1 Canada
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