Eurobattery Minerals Ab · NGM:BAT
Eurobattery Minerals Ab — Investor Presentation (September 2024)
31 slides from Eurobattery Minerals Ab's investor presentation, Sep 30, 2024
Slide 1: Responsibly mined battery minerals: from Europe for Europe
Responsibly mined battery minerals: from Europe for Europe. Corporate Presentation Q3-2024 NGM:BAT / SWB: EBM 30 September 2024
Slide 2: The Company / Why EBM / Business Model
We’re here SECTION I SECTION II SECTION III SECTION IV The Company Why EBM Business Model Appendix 2
Slide 3: Vision: Make Europe self-sufficient in responsibly mined battery minerals
Vision: Make Europe self- sufficient in responsibly mined battery minerals How we make a difference: ▪ For Eurobattery Minerals, responsibility means conducting operations while taking into account environmental considerations and social responsibility for employees and people who live and work near
Slide 4: Our People — A Strong Team
Our People — A Strong Team Jan Olof Arnbom Fernando Garro Novillo Ilari Kinnunen TEAM FINLAND Chairman of the board Project Manager CEO TEAM CORE TEAM SPAIN Roberto García-Martínez CEO BOARD Roberto Jonás Camblor Fernández Eckhard Cordes García-Martínez Kalle Penttilä Member of the Board Supervisor
Slide 5: Our CEO: Roberto García-Martínez
Our CEO: Roberto García-Martínez ▪ More than 25 years of experience in the international mining industry. ▪ Doctor of Law and Bachelor‘s degree in Economics and Industrial psychology. ▪ President and CEO of major mining groups in Africa (2006–2018). CURRENT ▪ Chairman of the Board — Northgold AB,
Slide 6: The shareholding structure
The shareholding structure Share information: ▪ The shares in Eurobattery Minerals are trading on NGM Nordic SME (ticker: BAT) since the 18 th of April 2019, and before that on Spotlight Stock Market since the 22 nd of May 2015. The shares are also dual-listed on Börse Stuttgart (“SWB”) (ticker: EBM
Slide 7: The Company / Why EBM / Business Model
We’re here SECTION I SECTION II SECTION III SECTION IV The Company Why EBM Business Model Appendix 7
Slide 8: The World of Battery Minerals Mining Today
The World of Battery Minerals Mining Today 73% China produces 73% of the world‘s mined REE 17% 14% Phlippines produces Peru produces 17% of the world‘s 14% of the world‘s mined nickel. mined copper. 28% 71% 34% Chile produces DRC produces Indonesia produces 28% of the world‘s 71% of the world's 34%
Slide 9: EU supports the Electric Revolution
EU supports the Electric Revolution EU sustainability focus drives local production and local sourcing of raw materials. The EU has set the goal of achieving net-zero greenhouse gas emissions by 2050. In order to achieve climate neutrality in the EU by this date, it´s vital that Europe takes the glo
Slide 10: Consumers Want More Sustainable Products
16% 25% Does not affect decision Negative Consumers 52% 42% Want More Affects decision Positive Sustainable Products 33% 34% Neutral Neutral 52% of consumers say they would refrain 42% state that they were willing to pay from buying a car if they knew the battery more for a car if the battery minera
Slide 11: Micro Situation & Internal Highlights
We understood the We hold opportunities, benefits LICENSES and necessity of that certify our projects and officially allow us to mine our minerals. RESPONSIBLY MINED BATTERY MINERALS and we are mining them Micro in Europe. Situation Every single one of our projects delivers & PROMISING results. This
Slide 12: Macro Situation & EU Strategy
By 2030, total EV sales will reach 31.1 MILLION units. Macro Situation The EU climate goal says that by Battery demand will increase & EU YEAR 2050 the region must be climate neutral. 14-FOLD by 2030, compared to 2024. Strategy 12
Slide 13: The Company / Why EBM / Business Model
We’re here SECTION I SECTION II SECTION III SECTION IV The Company Why EBM Business Model Appendix 13
Slide 14: Our Business Model: Mineral Projects
Our EXPLORATION ▪ Reconnaissance drilling. RESOURCE DEFINITION ▪ Infill drilling. Business ▪ Geochemistry. ▪ Geophysics. ▪ Step-out drilling. ▪ Mapping. Model: Mineral FEASIBILITY STUDY SCOPING STUDY ▪ Detailed technical study. ▪ Preliminary technical study. ▪ Detailed economic study. ▪ Preliminary e
Slide 15: Europe is our focus area
Europe is our focus area 4 FINLAND
Slide 16: Flagship projects
Flagship projects 2019 2020 2021 2022 2023 2024 Corcel First drilling campaign (1,000 m) Second drilling campaign (1,500 m) 60 Mt estimate, 0.25% Ni Submission application Environmental Permit 1,532 sample geochemical analysis, 2019 Confirmation of high Ni-sulphide proportion Metallurgical Study con
Slide 17: Our Project in Finland (Hautalampi)
. Our Project • • • GT K (Mine s Dept .) test facility and pilot plant Outotec Oyj Tutula st eel work s Mining employee tr aining centr e Ni-Co-Cu re source in Finland (Hautalampi) Mini ng Lease ▪ Located 345km from Helsinki, in well known Outokumpu Mining Camp Area. 110kV power ▪ Excellent location
Slide 18: Processing plant
Processing plant Planning in process by AFRY Finland Oy Target operational figures – PFS as of 20th of March 2023 ▪ 500,000 tpa. ▪ +12 years of mine life. ▪ EUR 65 million total capital expenditure. ▪ 4.6 years payback period. ▪ EUR 420 million total turnover for the mine. ▪ IRR 20%. ▪ +130 employee
Slide 19: Upcoming Hautalampi milestones
Upcoming Hautalampi milestones 2024 today Q1 Q2 Q3 2025+ Finalising Acquisition – Commercial focus to support financing Environmental permit (2025) 100 per cent acquired File environmental permitting Completion of bankable feasibility study Final investment decision Production start (2026) Deliverab
Slide 20: Our project in Spain (Corcel)
Our project in Spain (Corcel) ▪ Located in northwestern Spain, around 60km from the city of La Coruña, in a mining friendly region of Galicia. The Corcel project consists of three prospecting zones in close proximity: one already active in Castriz, plus two planned in Monte Mayor and Monte Castello.
Slide 21: The Company / Why invest / Business Model
We’re here SECTION I SECTION II SECTION III SECTION IV The Company Why invest Business Model Appendix 21
Slide 22: Hautalampi Mining Project
Hautalampi Mining Project ▪ Mining Concession Granted in 2013; total area 277 hectares ▪ Drilling, operational studies & underground mine development already completed on the project (over €18M), allowing fast-track of final feasibility study and near-term production ▪ Mature brownfield area with a
Slide 23: Hautalampi resources and planned underground mine
Hautalampi resources and planned underground mine Hautalampi ore reserves as of 7 th of March 2023 Ore Reserve Grade Contained Metals Tonnes Ni Cu Co Ni (t) Cu (t) Co (t) Proven 1,871,000 0.36% 0.30% 0.09% 6,800 5,700 1,600 Probable 2,693,000 0.25% 0.19% 0.07% 6,900 5,300 1,900 Total 4,564,000 0.30%
Slide 24: Hydrometallurgical Processing Routes, Hautalampi Ni-Co Sulfide Concentrate
Hydrometallurgical Processing Routes, Hautalampi Ni-Co Sulfide Concentrate Pregnant Leach Solution (PLS) from leaching MHP Production Route process to be fed to another plant as one designed option Hydroxide Mixed Ni/Co Precipitation Hydroxide and filtration (MHP) Concentrate Ni-Co Sulfide Pressure
Slide 25: Exploration targets for satellite mine operations
Exploration targets for “satellite“ mine operations 25
Slide 26: Corcel timeline 2019-2020
Corcel timeline 2019-2020 ▪ Field work started in 2019, carrying out geological mapping, soil sampling, ground-based magnetic and ground penetrating radar (GPR) geophysical surveys, plus 1,000 meters drilling campaign. ▪ These explorations showed the existence of extensive Ni-Cu-Co anomalies with hi
Slide 27: Corcel timeline 2021
Corcel timeline 2021 ▪ During the year 2021, Eurobattery Minerals carried out a new drill hole campaign with the objective to define an accredited resource estimation using the NI 43-101 code. ▪ A total of 7 diamond drill holes have been completed, with a total drilled length of 1,134 meters. Work w
Slide 28: Corcel timeline 2022
Corcel timeline 2022 ▪ Metallurgical testing for Ni recovery was carried out on 3 samples (medium, low and high grade) from the drilling campaign. ▪ The results of the metallurgical study, carried out by AGQ LABS, confirm the economic interest of the CORCEL project, obtaining Ni recoveries above 50%
Slide 29: Major Milestones
Major Milestones OF PAST BUSINESS YEARS 2020 2021 2022 2023 ▪ Final results from drilling show ▪ Listed on Börse Stuttgart under the ▪ Independent NI 43-101 report for the Hautalampi Project: larger prospect zone than ticker EBM. nickel-cobalt-copper prospect zone of ▪ PFS in Hautalampi recieved in
Slide 30: Our Partners & Collaborations
Our Partners & Collaborations 30
Slide 31: Thank you for your attention!
Thank you for your attention! Get in touch Sign up for our newsletter NGM:BAT / SWB: EBM 31
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