Novonix Ltd · ASX:NVX
Novonix — OTC Small Cap Growth Conference 2024
32 slides from Novonix's conference presentation, Oct 11, 2024
Slide 1: Set for Growth
CLICK TO EDIT MASTER TITLE STYLE For personal use only Set for Growth OTC Small Cap Growth Conference, October 10, 2024 ASX: NVX Nasdaq: NVX April 2024
Slide 2: Important Notice and Disclaimers
CLICK TO EDIT Important MASTER Notice TITLE STYLE and Disclaimers The information contained in this presentation (the “Presentation”) has been prepared by NOVONIX Limited (ACN 157 690 830) (“the Company” or “NOVONIX”) solely for information purposes and the Company is solely responsible for the cont
Slide 3: NOVONIX Investment Highlights
CLICK TORevolutionary Providing EDIT MASTERSolutions TITLE STYLE to the Battery Industry NOVONIX Investment Highlights Leading U.S. based battery materials and technology For personal use only company with lower carbon footprint Large and growing market for battery materials supported by localizatio
Slide 4: Competitive Advantage Through Synergistic Operating Structure
CLICK TO EDIT Competitive MASTERThrough Advantage For personal use only TITLE STYLE Synergistic Operating Structure • Leading domestic supplier of • Develops industry leading Ultra- • Commercializing patented battery-grade synthetic graphite High Precision Coulometry cell synthesis technology • Larg
Slide 5: Proprietary Process Technologies Lead Clean Energy Transformation
CLICK TO EDIT Proprietary MASTER Process TITLE STYLE Technologies Lead Clean Energy Transformation NOVONIX ESG Commitment Environmental Benefits of NOVONIX Technology Environmental Anode Materials Cathode Materials For personal use only Our mission is to develop innovative, sustainable technologies
Slide 6: Focus Items and Key Highlights
CLICK TO EDIT Focus Items MASTER and TITLE STYLE Key Highlights Scale Operations – • Complete Riverside engineering to optimize facility and maximize capacity On Track to Deliver • Installation of equipment to reach 3K tpa by year-end to support customer timelines For personal use only Commercial •
Slide 7: Battery Technology Solutions
For personal use only Battery Technology Solutions
Slide 8: At the Forefront of Battery Technology
CLICK TO EDIT MASTER At the Forefront of BatteryTITLE STYLE Technology UHPC Hardware Research & Development Services For personal use only Enables quick reliable predictions of Materials Development and Cell Design and Prototyping Cell Testing battery lifetime Characterization Ultra-High Precision C
Slide 9: Cathode Materials
For personal use only Cathode Materials
Slide 10: Cathode Synthesis Needs to be Clean and Simple
CLICK TOSynthesis Cathode EDIT MASTER TITLE Needs to beSTYLE Clean and Simple Opportunity Overview • In 2024 the global cathode market size value estimated at US$27B, with a For personal use only forecasted revenue of >US$100B by 20301 • Nickel-based cathode material represents about 30-50% of the c
Slide 11: Cathode Synthesis: Engineering Scoping Study Results
CLICK TOSynthesis: Cathode EDIT MASTER TITLE STYLE Engineering Scoping Study Results Hatch Study Estimated Findings [FEL-1] Capital Intensity • Fewer unit operations leads to simplified flowsheet For personal use only Lowered by ~30 % • Higher mass feed rate due to ‘hydroxide-free’ feedstock NOVONIX
Slide 12: NMC622 Cathode Cycling Performance
CLICK NMC622TO EDIT MASTER Cathode TITLE STYLE Cycling Performance For personal use only Competitive with Commercial Materials Whitepaper on NOVONIX Cathode Materials is available online novonixgroup.com/cathode-materials ASX: NVX Nasdaq: NVX ASX: NVX Nasdaq: NVX | April OTC2024 Small Cap Conf. Octo
Slide 13: Anode Materials
For personal use only Anode Materials
Slide 14: Strong EV Growth Building Pressure for a Localized Supply Chain
CLICK TOGrowth Strong EV EDIT MASTER BuildingTITLE STYLE Pressure for a Localized Supply Chain Battery Demand Remains Robust (GWh) Global Trade Policies Support Localization of US Supply Chain +38% CAGR For personal use only ESS 1,464 Various OEMS Toyota Volkswagen BMW Stellantis Honda Ford GM Tesla
Slide 15: Capacity Production will Benefit From Expected North America Customer Demand
CLICK TOCapacity Production EDIT MASTER TITLE will Benefit FromSTYLE Expected North America Customer Demand North American Graphite Shortfall, Ex-China (K tpa)1 NOVONIX Anode Material Outperforms in Testing 1.00 NOVONIX For personal use only Demand N.A. 0.96 2025 NOVONIX supply 0.92 based on Riversi
Slide 16: Localizing the Synthetic Graphite Supply Chain
CLICK TO the Localizing EDITSynthetic MASTERGraphite TITLE STYLE Supply Chain Localizing the Synthetic Graphite Supply Chain Key Strategic Relationships For personal use only Domestic Supply Customer Agreements Producing high-performance synthetic graphite Anchor Customers for materials sustainably
Slide 17: NOVONIX Signs Off-Take Agreement with Panasonic Energy
CLICK TO Signs NOVONIX EDIT MASTER TITLE STYLE Off-Take Agreement with Panasonic Energy Panasonic Energy Overview • Panasonic Energy is a leading developer of battery cell technology for EV and ESS For personal use only batteries in the U.S. • Panasonic Energy has developed relationships with Tesla,
Slide 18: First Commissioned Large-Scale Battery Grade Synthetic Graphite Facility
CLICK TO First Commissioned EDIT MASTER Large-Scale TITLE Battery Grade STYLE Synthetic Graphite Production Facility in North America Riverside Facility Overview Readiness for Commercial Production Technology/Product • Purchased and opened Riverside facility in 2021, highlighted For personal use onl
Slide 19: NOVONIX's Product Technology Advantage
CLICK TO EDIT NOVONIX’s MASTER Product TITLE STYLE Technology Advantage NOVONIX Advantage Product Engineered Specifically for Customers’ Needs • Applications such as electric For personal use only vehicles and energy storage systems require differing properties: ─ Fast Charge ─ High Energy Density ─
Slide 20: NOVONIX has Demonstrated a Pathway to Profitable Production in the U.S.
CLICK TOhas NOVONIX EDIT MASTER TITLE Demonstrated STYLEto Profitable Production in the U.S. a Pathway Overview of Riverside Facility Unit Economics Market & Government Influence on Economics Reflects Operating at Target Capacity of 20K tpa1 $12.50 • Pricing and margins range depend on: For personal
Slide 21: Path to Commercial Production at Riverside
CLICK Path to TO EDIT MASTER Commercial TITLE STYLE Production at Riverside On-Site Equipment to be Commissioned 1H2024 For personal use only February 2024 2Q2024 2H2024 Announcement of the off-take agreement with Panasonic Energy Installing Capacity to 3K tpa Grinding/Shaping Equipment Deposits Riv
Slide 22: Customer Commitments Support NOVONIX North American Growth Plan
CLICK TOCommitments Customer EDIT MASTERSupport TITLE STYLE NOVONIX North American Growth Plan Anode Market Share1: ~1.4% ~3.4% ~11.6% Phase 3: For personal use only Additional Greenfields >150K+ tpa2 NOVONIX Capacity + Growth Plans Phase 2: Riverside + Greenfield #1 50K tpa2,3 Phase 1: Riverside 20
Slide 23: Goals for the Future of NOVONIX
Goals for CLICK TO the EDITFuture MASTER For personal use only of NOVONIX TITLE STYLE Scaling anode materials production Patented, All-Dry Zero-Waste Cathode technology capacity to 150K tpa supported by our proprietary processing Recognized battery Highly developed IP with technology leader leading
Slide 24: Appendix
For personal use only Appendix
Slide 25: We Play a Critical Role in the Lithium-ion Battery Value Chain
CLICK We PlayTO EDIT MASTER a Critical Role in TITLE STYLE Battery Value Chain the Lithium-ion Materials & Cell Battery Raw Material EV & ESS Mining Component Cell/Pack Recycling Processing Production For personal use only Production Production NOVONIX NOVONIX ANODE + CATHODE MATERIALS R&D + JOINT D
Slide 26: NOVONIX has Optimized Synthetic Graphite Manufacturing and Attracted Tier-1 Partnerships
CLICK NOVONIXTO has EDIT MASTER Optimized SyntheticTITLE STYLE Graphite Manufacturing and Attracted Tier-1 Partnerships Strategic Partnerships NOVONIX Graphitization Process Offers End-User Advantages • Partnership with Harper For personal use only • Energy efficient systems reducing environmental p
Slide 27: U.S. Legislation Providing Direct Support
CLICK TO EDIT MASTER U.S. Legislation ProvidingTITLE DirectSTYLE Support Section 301 • Section 301 includes a 25% tariff on artificial graphite imported from China to help remove unfair market distortions imposed by Tariffs China’s anticompetitive behaviors and size advantage in the battery material
Slide 28: US$100 Million Grant Award from U.S. Department of Energy
CLICK US$100TO EDITGrant Million MASTER TITLE Award STYLE from U.S. Department of Energy DOE MESC Grant Aids Ability to Scale Faster DOE LPO Loan Process For personal use only • NOVONIX Anode Materials division was awarded one of • NOVONIX Anode Materials division has applied for a ATVM loan in Octo
Slide 29: Strategic Relationship with KORE Power
CLICK TORelationship Strategic EDIT MASTER TITLE with STYLE KORE Power Highlights of Agreement • KORE Power is a leading U.S. based developer of battery cell technology for clean For personal use only energy industries • NOVONIX and KORE Power have worked together since 2019 through NOVONIX’s BTS di
Slide 30: NOVONIX Establishes Strategic Relationship with LG Energy Solution
CLICK TO Establishes NOVONIX EDIT MASTER TITLE STYLE Strategic Relationship with LG Energy Solution LG Energy Solution (LGES) Overview For personal use only • LGES is a leading U.S. based developer of battery cell technology for EV and ESS Batteries • LGES has developed relationships with GM, Honda,
Slide 31: Conditional Proposal - Mount Dromedary & Axon Graphite
CLICK TO EDIT Conditional MASTER Proposal TITLE STYLE - Mount Dromedary & Axon Graphite World class, large-scale natural high-grade flake graphite project • Conditional 50/50 Joint Venture with NVX “merging” Mount Dromedary asset in exchange for shares in LEL subsidiary, Axon Graphite For personal u
Slide 32: NOVONIX's Battery Technology Paves the Way for the Next Generation
CLICK TO EDIT NOVONIX’s MASTER Battery TITLE Technology STYLE Paves the Way for the Next Generation Demonstrated and Projected Performance Predicted to Exceed 1 Million Miles based on ~2 Years of Test Data(1) 1,000,000 Miles PC622/Synthetic Graphite For personal use only SC622/Natural Graphite SC622