Ecograf Ltd. · ASX:EGR
Ecograf — Investor Presentation (June 2021)
46 slides from Ecograf's investor presentation, Jun 16, 2021
Slide 1: German-Australian Chamber of Industry and Commerce Webinar Presentation
For personal use only June 2021 German-Australian Chamber of Industry and Commerce Webinar Presentation ASX: EGR FSE: FMK OTCQX: ECGFF
Slide 2: Disclaimer
Disclaimer Securities Disclaimer For personal use only 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 sui
Slide 3: Diversified battery anode material business
For personal use only Diversified battery anode material business supporting the global transition to clean energy and e-mobility Western Australia Recovery of carbon Scalable mining projects and Europe battery anode anode material from for long-term supply of material processing facilities lithium-
Slide 4: Corporate summary
Corporate summary Board and Executive Management Business Locations Share Price 2021 For personal use only Chairman Robert Pett German Office Pilot Plant Managing Director Andrew Spinks Director Epanko Graphite Shares on issue: 449m John Conidi Project Unlisted performance rights: 8.55m Head Office
Slide 5: Global expansion strategy
Global expansion strategy S U P P LY O F B AT T E R Y A N O D E M AT E R I A L S T O K E Y G R O W T H M A R K E T S For personal use only 2021 EV BATTERY MEGAFACTORIES = Current batteryStrategy to expandsupply anode materials production chain and regionalise is 100% additional reliant on manufactur
Slide 6: Lithium-ion Battery Market Overview
For personal use only Lithium-ion Battery Market Overview. 6
Slide 7: Compelling lithium-ion battery market opportunity
Compelling lithium-ion battery market opportunity For personal use only 7 7
Slide 8: Lithium-ion battery chemistry
Lithium-ion battery chemistry For personal use only 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% Cob
Slide 9: Unprecedented investment in new European battery capacity
Unprecedented investment in new European battery capacity 24 Gigafactories announced with 600 GWh total annual production capacity For personal use only = 9-10 million electric vehicles per year Norway, 202X Mo i Rana, 2023 To be announced Ramp-up to 40 GWh aEU fastest growing Arendal, 2024 Skelleft
Slide 10: US lithium-ion battery capacity to accelerate under President Biden
US lithium-ion battery capacity to accelerate under President Biden For personal use only Michigan, 2023 35 GWh Michigan, 2025 TBC GWh Ohio 2020, 35 GWh Nevada, 2017 Ramp-up to 105 GWh Tennessee 2023, 30 GWh Tennessee 2023, 3 GWh Georgia, 2022 10 + 12 GWh Jan 21 - Presidential Order California, 2010
Slide 11: EU Commission's battery ESG regulations
EU Commission’s battery ESG regulations N E W M E A S U R E S A N N O U N C E D T O P R O M O T E S U S TA I N A B I L I T Y For personal use only POLICY ECOGRAF’S ESG a EcoGraf™ HFfree proprietary purification Responsible sourcing. New mandatory procedures to ensure process sustainable and ethical
Slide 12: Battery Anode Material Business
For personal use only Battery Anode Material Business. 12
Slide 13: Initial battery graphite facility to be constructed in Western Australia
Initial battery graphite facility to be constructed in Western Australia For personal use only Staged expansion from 5,000tpa to 20,000tpa Flexibility via scalable modular design 5,000tpa + PLAY MOVIE 20,000tpa 13 13
Slide 14: Battery graphite business summary
Battery graphite business summary Establishing the world’s first commercial battery graphite purification facility outside of China For personal use only Initial commercial production plant commencing at 5,000tpa, expanding to 20,000tpa a EcoGraf™ proprietary purification process eliminates use of t
Slide 15: Strong economic returns
Strong economic returns For personal use only World’s first purified spherical graphite processing facility outside of China at a time when electric vehicle, battery and anode producers are actively seeking to diversify battery mineral supply chains. Demand for spherical graphite forecast to grow 31
Slide 16: Western Australia: Kwinana-Rockingham location
Western Australia: Kwinana-Rockingham location For personal use only 16 16
Slide 17: Federal and State Government support
Federal Government support State Government support Support for new technology and value added manufacturing Kwinana-Rockingham area expected to become a major For personal use only global battery mineral processing centre a Major Project Status (MPS) approved a Lead Agency role managed by Western A
Slide 18: WA Kwinana-Rockingham Industrial Zone (KRIA)
WA Kwinana-Rockingham Industrial Zone (KRIA) Downstream value-added manufacturing and scientific research for the lithium-ion battery market For personal use only A VIDEO FLY-OVER OF THE NEW FACILITY PLAY VIDEO KRIA is positioned to transform into a globally leading location for lithium-ion battery
Slide 19: Western Australian Battery Anode Materials Processing Facility
Western Australian Battery Anode The new state-of-the-art processing facility will incorporate the Company’s Materials Processing Facility proprietary EcoGraf™ HF-free purification technology to manufacture 20,000tpa spherical graphite for the lithium-ion battery market. For personal use only CURREN
Slide 20: EcoGraf development timeline
EcoGraf™ development timeline For personal use only 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 an
Slide 21: Rigorous commitment to on-going technical development
Rigorous commitment to on-going technical development For personal use only • 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 t
Slide 22: Cost-effective and scalable manufacturing process
Cost-effective and scalable manufacturing process For personal use only 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 cus
Slide 23: Extensive product qualification testing successfully completed
Extensive product qualification testing successfully completed For personal use only 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
Slide 24: EcoGraf results confirm superior performing battery material
EcoGrafTM results confirm superior performing battery material For personal use only 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 det
Slide 25: Natural Flake Graphite Business
For personal use only Natural Flake Graphite Business. 25
Slide 26: Flake graphite business summary
Flake graphite business summary For personal use only Long life Epanko Graphite Mine to supply industrial and battery markets a Bankable Feasibility Study completed by GR Engineering Services a Bank appointed Independent Engineer’s Review completed by SRK Consulting Defined, de-risked and ready for
Slide 27: Bankable feasibility study (BFS) key highlights
Bankable feasibility study (BFS) key highlights • 50% increase in production to 60,000tpa positions Epanko to be a major baseload supplier of • Executed marketing strategy with strong alignment to German For personal use only high value graphite products to traditional and emerging graphite markets
Slide 28: Rigorous 60,000tpa BFS and strong economic returns
Rigorous 60,000tpa BFS and strong economic returns positions For personal use only Epanko for development Epanko bankable feasibility study outcomes Development period (months) 19 • Robust technical and financial BFS completed, conforming with IFC Average annual throughput (tonnes) 695,000 standards
Slide 29: EcoGraf provides mine-to-market ESG supply chain assurance
EcoGraf provides mine-to-market ESG supply chain assurance For personal use only • 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 transf
Slide 30: Lithium-ion Battery Recycling Business
For personal use only Lithium-ion Battery Recycling Business. 30
Slide 31: Battery recycling
Battery recycling Proposed EU legislation requires more battery For personal use only Market Overview recycling and greater transparency in the raw Recycling efforts have focused on cathode metals materials supply chain. Carbon anode materials are currently not recovered Carbon material which is a w
Slide 32: Positive EcoGraf purification results
Positive EcoGraf™ purification results For personal use only The EcoGraf™ proprietary purification process has now been successfully applied to recycling of both ‘production scrap’ and ‘black mass’ materials z Anode recycling program for major EV manufacturer achieved >99.95% carbon purity from batt
Slide 33: EcoGraf recovered high purity carbon anode material
EcoGrafTM recovered high purity carbon anode material For personal use only 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. 33 3
Slide 34: Cost effective purification process to recover carbon anode material
Cost effective purification process to recover carbon anode material For personal use only Proprietary Purification Recovery of carbon anode material uses the same purification process International patent pending for chemical purification process a Eco-friendly a Cost-effective a High quality Multi
Slide 35: EcoGraf's strategy to recover and reuse carbon anode material
EcoGraf’s strategy to recover and reuse carbon anode material For personal use only 35 35
Slide 36: EcoGraf positioned to recover and reuse carbon anode material
EcoGraf positioned to recover and reuse carbon anode material For personal use only Agreement signed with South Korea’s largest lithium-ion battery recycling group SungEel HiTech 36 36
Slide 37: SungEel HiTech Agreement
SungEel HiTech Agreement For personal use only Collaboration presents opportunity to provide tailored Ecograf™ process in future lithium-ion battery recycling plants SungEel Global Pre-treatment Plants SungEel is one of the major lithium-ion battery recycling companies in ASIA and is well connected
Slide 38: Production scrap market
Production scrap market For personal use only 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 l
Slide 39: EcoGraf recycling - lowering EV production carbon emission footprint
EcoGraf™ recycling - lowering EV production carbon emission footprint For personal use only Battery represents over 40% of total carbon (CO2) emission footprint from EV manufacturing • Estimated 10 - 30% production loss during cell manufacturing and battery testing • Solution: Develop ‘In-Process’ r
Slide 40: Blended battery anode material opportunity
Blended battery anode material opportunity For personal use only z Lower battery production cost Lower carbon emissions BLENDED ANODE MATERIAL PRODUCTS Blending EcoGraf’s high purity ‘Battery Graphite’ with ‘Recovered Carbon Anode Materials’ provides an attractive opportunity to support the transiti
Slide 41: Modular recycling pilot plant
Modular recycling pilot plant For personal use only TA I L O R E D C U S T O M E R S O L U T I O N EcoGraf™ proprietary HFfree purification technology has the potential to provide a tailored solution to increase recycling of recovered battery anode material Product development programs to • Engineer
Slide 42: Advantages and Opportunities
For personal use only Advantages and Opportunities. 42
Slide 43: Diversified battery anode material business
Diversified For personal use only 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 Blended battery anode material programs and extensive product centered on producing uncoated provides
Slide 44: Outlook and next steps
Outlook and next steps B AT T E R Y P R O D U C T S For personal use only • Complete engineering programs with GR Engineering and regulatory approvals for the construction of the initial 5,000tpa EcoGraf™ processing facility in Western Australia • Arrange US$35m debt financing with the Australian Go
Slide 45: Value proposition
Value proposition For personal use only Battery Anode Material Facility Epanko Graphite Project Recycling – Recovery of Australia Tanzania Battery Anode Materials 20,000tpa Battery Graphite 60,000tpa Natural Flake Graphite Significant results achieved US$35m Annual EBITDA US$44.5m Annual EBITDA Prod
Slide 46: The future is electric.
For personal use only The future is electric. Head Office Follow EcoGraf on LinkedIn, Twitter or sign up to the company’s newsletter for the latest announcements, media releases and market news. 18 Richardson Street West Perth, Western Australia 6005 SUBSCRIBE TO STAY UPDATED T: +61 8 6424 9000 ASX: