Neometals Ltd · ASX:NMT
Neometals — Diggers and Dealers Mining Forum 2023
25 slides from Neometals's conference presentation, Aug 7, 2023
Slide 1: Greener Battery Materials
Greener For personal use only Battery Materials Diggers and Dealers Mining Forum – 7th August 2023 Authorised for release by Christopher Reed, ASX: NMT | AIM: NMT | OTC: RDRUY | DEU: 9R9 Managing Director of Neometals ASX: NMT | AIM: NMT | OTC: RDRUY | DEU: 9R9 neometals.com.au
Slide 2: Disclaimer
Disclaimer Summary information: Investment risk: This document has been prepared by Neometals Ltd (“Neometals” or “the Company”) to provide An investment in securities in Neometals is subject to investment and other known and unknown risks, summary information about the Company and its associated en
Slide 3: Executive Summary
Executive Summary Neometals is enabling sustainable battery materials production from recycling and waste recovery – ‘walking the ESG talk’ Lithium-ion Battery Recycling For personal use only 3 key proprietary, To produce new battery materials Commercialisation green processing from spent LIBs via i
Slide 4: Core Battery Materials Business Unit Snapshot
Core Battery Materials Business Unit Snapshot For personal use only 1Neometals has the option to acquire between 25-50% of Stelco Battery Recycling SPV ASX: NMT | AIM: NMT | OTC: RDRUY | DEU: 9R9 4 neometals.com.au
Slide 5: Unparalleled exposure to energy transition commodities
Unparalleled exposure to energy transition commodities • Focus on Europe and North America where battery raw material resilience is critical • Emerging as World's 2nd and 3rd biggest battery producing regions • Raw material supply deficits predicted; new green, circular domestic supply needed For pe
Slide 6: Corporate Dashboard
Corporate Dashboard ASX: NMT OTC: RDRUY FY23 - Successful transition from upstream producer to downstream Shares on Issue(1) m 552.7 recycler. Inclusion in ASX300. Completed 4 Engineering Cost Studies. Share Price A$ 0.52 FY24 - Plan to scale-up recycling volumes and revenues through maiden Market c
Slide 7: Experienced and Growing Team
Experienced and Growing Team Board of Directors For personal use only Stephen Cole Chris Reed Dr. Natalia Streltsova Douglas Ritchie Dr. Jennifer Purdie Les Guthrie Independent Managing Independent Non- Independent Non- Independent Non- Independent Non- Chairman Director/CEO Executive Director Execu
Slide 8: Sustainability
Sustainability Sustainability Neometals is committed to optimising finite resources with circular practices to benefit society and the environment for a sustainable future. Sustainability Pillars: • Focus on production of sustainable For personal use only battery materials - reducing reliance on new
Slide 9: Lithium-ion Battery (LiB) Recycling
For personal use only Lithium-ion Battery (LiB) Recycling ACN 630 - Intellectual Property Holding Company 50% Neometals / 50% SMS group Primobius GmbH – Commercialisation Incorporated 50:50 JV with SMS group 9
Slide 10: Aim is to be leading provider of recycling solutions to OEMs
Aim is to be leading provider of recycling solutions to OEMs • Our scalable plant solutions address growing volumes of production scrap and end-of-life batteries • Fast growing – high value urban mining opportunity For personal use only Source: McKinsey Battery Insights (2023) 1 Numbers are rounded.
Slide 11: Our scalable patent-pending recycling technology
Our scalable patent-pending recycling technology • Novel process to efficiently recover majority of LIB constituents to generate materials that can be used for new LIBs • Safe, environmentally friendly equipment solutions backed by leading German plant builder For personal use only ASX: NMT | AIM: N
Slide 12: Financials: Robust Economics Across Key Battery Chemistries
Financials Robust - Robust economics across Economics Across leading battery Key Battery chemistries Chemistries 50tpd Spoke and Hub cost studies demonstrate compelling economics for customers Spoke and Hub Engineering Cost Study Results announced for ~50tpd integrated recycling facility at assumed
Slide 13: Potentially lowest-cost lithium production costs
Potentially lowest-cost lithium production costs Lithium is the only non-substitutable element in LIB and key revenue driver from product basket For personal use only Source: London Metal Exchange (Ni/Co Price), Benchmark Mineral Intelligence (Li Price), Primobius (product recoveries, payabilities,
Slide 14: European Regulation Driving Automakers to Close the Loop
European Regulation Driving Automakers to “Close the Loop” • Huge tailwinds from EU demonstrating ‘best practice’ mandatory, high recycling targets, North America following • Primobius plants will be fully compliant with all EU Battery Regulations for LIB recycling For personal use only Minimum High
Slide 15: Recycling creates resilient raw material supply chains
Recycling creates resilient raw material supply chains • Cellmakers required to include recycled content • Recycled lithium forecast to exceed mined lithium between 2038 ~ 2040 For personal use only Impact of Recovered Material Source: Plutonic Raw Materials Advisory (2023) Source: Argonne NL – Pres
Slide 16: Recycling = lowest carbon footprint raw materials
Recycling = lowest carbon footprint raw materials Efficient LiB recycling significantly reduces the emissions to make tomorrows battery raw materials For personal use only Source: McKinsey Battery Insights (2023) 1 United States, 2023 Q1. Source: Duesenfeld 2 Assuming mechanical pre-treatment and hy
Slide 17: Primobius equipment solutions backed by SMS group
PRIMOBIUS EQUIPMENT SOLUTIONS BACKED BY SMS GROUP Tailored equipment solutions backed by SMS group SMS is a 150 year-old leading German plant builder, ≥14,000 employees. production facilities in EU, NA, India and China Commercial Spoke and Demonstration Scale Hydromet Refinery at SMS Hilchenbach to
Slide 18: Flexible business models for tailored customer solution
Flexible business models for tailored customer solution • Targeting sale of recycling plants under technology licensing agreements to earn project equity or royalty income • Licensing delivers lowest Total Cost of Recycling maximum, low-risk exposure to battery commodity prices Operational Model Rev
Slide 19: Hilchenbach Disposal Operation – established EU presence
Hilchenbach Disposal Operation – established EU presence • CY23 Baseload feed EOL batteries from German OEM supply chain • Revenues from LiB tipping fee and sales of Black Mass, ramp to licensed capacity DecQ 23 For personal use only Note: Only battery production since 2017 considered, 2022 average
Slide 20: Mercedes-Benz
Mercedes-Benz Plant Supply and R&D Technology License and Collaboration Mercedes-Benz Target Cell Production** 200 GWh For personal use only 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 Key Illustrative Assumptions • ~10-year battery life • ~4.5MWh to tonne of battery • Cooperation ag
Slide 21: Steel Company of Canada (Stelco)
Steel Company of Canada (Stelco) Technology License and JV Option (≤50%) Stelco has leased back 75 acres and 2 million sq feet of offices and buildings as part of a new industrial park at its Hamilton Works near Toronto in North America For personal use only • Recycling venture to offer a holistic e
Slide 22: Existing Technology Licenses
Existing Technology Licenses Lowest-risk exposure to battery commodities, royalty earnings attract higher P/E’s than miners or chemical producers 10% Gross Sales Royalty on the following products recovered by the Primobius Integrated Flowsheet including: For personal use only • Lithium • Nickel • Co
Slide 23: Primobius Indicative Timeline
Primobius Indicative Timeline JunQ 2023 SepQ 2023 DecQ 2023 MarQ 2024 JunQ 2024 SepQ 2024 For personal use only Complete Hub Deliver Hub ECS Receipt of MB Hub Progress detailed Deliver detailed Commence process PO engineering for engineering for installation of ~50tpd improvement Receipt of MB i
Slide 24: Highlights - Unique Positioning for Rapid Growth
Highlights - Unique Positioning for Rapid Growth Recovery of key battery materials in supply Early mover advantage to deliver industrial deficit LiB hydromet solutions Robust Industry Rapidly growing TAM with exceptional Potential to capture premiums for Economics For personal use only abili
Slide 25: Thank you.
For personal use only Thank you. ASX: NMT | AIM: NMT | OTC: RDRUY | DEU: 9R9 neometals.com.au