Lomiko Metals — Investor Presentation (November 2024)
21 slides from Lomiko Metals's investor presentation, November 2024
Slide 1: A responsible critical minerals developer of choice in Quebec, Canada
A responsible critical minerals developer of choice in Quebec, Canada A partner of excellence in North America for a shared climate success story TSXV: LMR OTC: LMRMD November 2024 Frankfurt: DH8C
Slide 2: Disclaimer
DISCLAIMER This presentation is not a prospectus, offering memorandum or an advertisement and is being provided for information purposes only and does not constitute or form part of, and should not be construed as, an offer or invitation to sell or any solicitation of any offer to purchase or subscr
Slide 3: Land Acknowledgement
Land Acknowledgement The land/projects where we operate are located within the traditional land of the Algonquin Anishnaabeg and Cree Eeyou Istchee Peoples. Our vision is to embrace Indigenous people and Indigenous values within our projects to develop a sustainable approach on our path to critical
Slide 4: Lomiko: an ideal partner for investment into electrification growth market
Lomiko: an ideal partner for investment into electrification growth market Outstanding investment opportunity to participate in energy transition and natural flake graphite with government partners: Quebec, the USA Department of Defence and Canadian Federal government Globally the EV market continue
Slide 5: Over CA$16m concurrent Canadian and USA funding announced May 16
Over CA$16m concurrent Canadian and USA funding announced May 16 ✓ These are non-dilutive non-repayable awards ✓ Recipient of a US$8.35m (CA$11.2m) R&D (Research & Development) grant from the United States of America Department of Defense (“DoD”) and CA$4.9m contribution from Natural Resources Canad
Slide 6: Summary of CMRDD program administered by Natural Resources Canada – a Net Zero project
Summary of CMRDD program administered by Natural Resources Canada – a Net Zero project ✓ Award: CA$4.9m • The CMRDD program administered by Natural Resources Canada is to pilot the integrated graphite upgrading process with a 200 mt bulk sample over 3 years for a total contribution agreement of CA$6
Slide 7: La Loutre development
La Loutre development A de-risked path to continued development of this strategic critical mineral asset • The U.S. DoD has provided a grant for 50% of the study costs and NRCan is contributing 75% of the pilot program costs, significantly de-risking the project. Phase Four Construction Phase Three
Slide 8: A Net Zero project
Carbon negative A Net Zero project targets will require Lomiko’s baseline1 Scope 1, 2 carbon emissions (kt CO2e/year) sizable efforts: ESTIMATE 200 Existing China graphite mines – Scope 1 main lever is to pursue 180 Scope 1 Scope 2 electrification or 30 zero-emission fuels 25 for mining equipment 20
Slide 9: Local usage of batteries expected to generate ~x2 less emissions vs usage in other geographies
Local usage of batteries expected to generate ~x2 less emissions vs usage in other geographies (US/ China) Lomiko’s Scope 1, 2, 3 carbon emissions (kt CO2e/year) 537 550 Scope 1 Scope 3 emissions 500 450 Scope 2 453 are the largest Scope 3 400 (~90%) and the 350 most challenging 300 274 area to add
Slide 10: www.lomiko.com TSXV: LMR OTC: LMRMF FRANKFURT: DH8C
www.lomiko.com TSXV: LMR OTC: LMRMF FRANKFURT: DH8C 10
Slide 11: Lomiko is poised to be the responsible developer of choice in the South of Quebec
Lomiko is poised to be the responsible developer of choice in the South of Quebec La Loutre Graphite Project Source: NI 43-101 Technical Report and Preliminary Economic Assessment (July 2021) 11
Slide 12: Lomiko advantage: Ranked as the seventh biggest deposit worldwide by Mining.COM
Lomiko advantage: Ranked as the seventh biggest deposit worldwide by Mining.COM Source: Mining.com 12
Slide 13: La Loutre: PEA layout – great base to build on
La Loutre: PEA layout – great base to build on Mine layout and costs – PEA • Waste rock and tailings co-disposed • Efficient site water management with WASTE ROCK & no wet tailings EV ZONE CODISPOSAL PILE • Pits sequenced to maximize the returns starting from North – EV Pits to South – Battery Pits
Slide 14: NPV scenario analysis: Positively leveraged to expected graphite price increases
NPV scenario analysis: Positively leveraged to expected graphite price increases • PEA used a graphite concentrate selling price of US $916/t • The current forecast selling price for +94%Cg is US $1,070/t of graphite concentrate (source: Benchmark / Lone Star) • Current public information by graphit
Slide 15: Lomiko advantage: Concentrate grade and NPV/capex multiple
Lomiko advantage: Concentrate grade and NPV/capex multiple • Updating the Lomiko PEA for US $1,500/t Graphite selling price improves on current solid project returns. • The La Loutre project combines high-grade coventrate with compelling economics of a post-tax IRR of 43%, post-tax NPV of $520M, and
Slide 16: SGS Characterization Study, 2023: 67% fines content in the flotation concentrate
SGS Characterization Study, 2023 67% fines content in the flotation concentrate • La Loutre flake distribution is ~67% fines - suitable for anode market 37% growth year over year! • -100 mesh is used most commonly in SPG (spherical graphite) as a precursor for battery production Size Fraction Analys
Slide 17: La Loutre metallurgical program 99.99% purified graphite content
La Loutre metallurgical program 99.99% purified graphite content ✓ Completed PFS level met testing and optimized flow sheet ✓ Completed value-added testing with ProGraphite – micronization, spheroidization, and purification: ✓ Proved that La Loutre material is suitable for battery applications - Sph
Slide 18: La Loutre single layer pouch full-cell battery testing met and surpassed commercial graphite results
La Loutre single layer pouch full-cell battery testing met and surpassed commercial graphite results ✓ Demonstrated that La Loutre material is suitable for battery applications – single layer pouch full cell battery testing completed with Polaris Battery Labs, LLC, USA, ✓ The single-layer pouch cell
Slide 19: Lomiko collaborations
LOMIKO METALS. Lomiko collaborations @ Polaris wesc Femina SF BATTERY LABS . — Collective C RITM CO ( e mM Investissement Innovation en traitement de minerais Québec in Innovation in mineral processing International Canada anadda Ea BEER] UNIVERSITE National Research | _ es * LAVAL Council Canada :
Slide 20: Next Steps – Metallurgical and Battery Trials
Next Steps – Metallurgical and Battery Trials • CRITM Quebec studies • Lab testing to set bulk sample processing conditions • Process 1,100kg of the material to generate flotation flakes • NRC- 2000-cycle battery tests • Polaris • Further 500-cycle battery testing • Air Classification Testing • Upgr
Slide 21: For more information
For more information info@lomiko.com Follow us @lomikometals on socials l l l f l
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