Manganese X Energy Corp. · TSXV:MN
Manganese X Energy — Investor Presentation (June 2023)
24 slides from Manganese X Energy's investor presentation, June 2023
Slide 1: Investing in the EV Future
INVESTING IN THE EV FUTURE Manganese X Mission To become the first publicly traded mining company in Canada and the US to commercialize high-purity EV-compliant manganese FSE: 9SC TRADEGATE: 9SC TXSV: MN OTCQB: MNXXF June 2023 MANGANESE X ENERGY CORP.
Slide 2: Disclaimer
DISCLAIMER Certain statements in this presentation are forward-looking statements which may include, but are not limited to, statements with respect to the future financial or operating performance of Manganese X Energy Corp. and its projects, the market conditions, business strategy, corporate plan
Slide 3: Manganese X Energy Value Proposition
MANGANESE X ENERGY VALUE PROPOSITION Strategically Located Simple Metallurgical Process The Battery Hill manganese deposit is strategically located in Battery Hill carbonate ore is easily leachable, allowing for New Brunswick, Canada, with proximity to North America and direct production of high-pur
Slide 4: Battery Minerals and Technology Assets
BATTERY MINERALS AND TECHNOLOGY ASSETS Primary Corporate Assets ★ Flagship Asset - Battery Hill Manganese Deposit (47 year mine life based on PEA) Other Assets ★ Peter Lake Nickel-Cobalt project ★ Disruptive Battery Corp. Patent and Process ★ High Purity Manganese Patent pending extraction processin
Slide 5: Battery Hill: Responsible and Ethical Source of Manganese
BATTERY HILL Responsible and Ethical Source of Manganese ● The Battery Hill project consists of 55 claims totaling 1228 hectares located in New Brunswick ● It encompasses all or part of five Manganese zones, Iron Ore Hill, Moody Hill, Sharpe Farm, Maple Hill and Wakefield ● The deposits have excelle
Slide 6: Battery Hill Manganese Mineral Deposit
BATTERY HILL Manganese Mineral Deposit PEA Mineral Resource ● Recent PEA produced by WOOD PLC. ● Sensitivity analysis of Battery Hill determined robust economics and deposit to cut-off grade indicates 12.25 commercial viability million tonnes of measured and indicated mineral resources at 8.77% mang
Slide 7: PEA Highlights
PEA HIGHLIGHTS: Robust Economics Long Mine Life ● After-tax net present value using a 10% discount rate (“NPV10”): $486 ● Potential to expand production. If the market is there we can double million the production to meet the demand ● 25% internal rate of return (“IRP”) ● 40-year mine production lif
Slide 8: What Makes Us So Special?
WHAT MAKES US SO SPECIAL? The cathode (40-60% battery cost) is the energy source of the lithium- ion battery. It has the greatest impact on battery performance, safety and price. Our high-purity manganese sulphate monohydrate (HPMSM) is a key constituent to the cathode Developed selenium free cost-s
Slide 9: Patent Pending Process
PATENT PENDING PROCESS Mining Crushing Leaching Patent pending covering manganese purification process which Solid-Liquid produces HPMSM Separation Multi-stage New process eliminates one of two major purification steps, potentially creating important economic advantages (significant Purification cos
Slide 10: Patent Pending - Eliminating Major HPMSM Standard Processes
Patent Pending - Eliminating Major HPMSM Standard Processes The EMM production process requires excessive electrical costs for electroplating and electrowinning and is not environmentally friendly. In addition, it must be then converted to a HPMSM end-product before EV battery production All contami
Slide 11: Plant Pilot Project
Plant Pilot Project Complete plant pilot project by the second quarter 2023 will produce HPMSM EV compliant samples on larger and economic scale validating our technology HPMSM samples from plant pilot project will be tested and evaluated for EV cathode pre-approval qualification June 2023
Slide 12: North America Is Dependent on Manganese Imports
NORTH AMERICA IS DEPENDENT ON MANGANESE IMPORTS Presently, there is no manganese mining production in the United States or Canada. Manganese ore production is dominated by South Africa, with over a third of the total, followed closely by Australia and China Manganese X Energy has the potential to be
Slide 13: High Purity Manganese Demand & Supply
High Purity Manganese Demand & Supply Manganese is industrially, economically, and strategically vital to the future of the EV industry. High purity Manganese demand is expected to surge by over 10x between 2020 and 2030, with the market facing severe and growing shortages China produces over 90% of
Slide 14: Why Manganese X Is a Good Investment?
WHY MANGANESE X IS A GOOD INVESTMENT? Our MnSO4 is 99.95% pure, contains few impurities and is free of selenium, which is highly toxic to batteries 90% of the global capacity for production of high-purity manganese sulphate for EV batteries is located in China There is currently no production of man
Slide 15: Battery & EV Trends
BATTERY & EV TRENDS Tesla projected to put into operation 5 new Gigafactories around the world in the next 5 years. The new Tesla 4680 battery contains 33% manganese in the cathode Volkswagen intends to build 6 new Gigafactories by 2030 GM is investing $10 billion in developing 25 EV models Ford is
Slide 16: Why Manganese Is a Better Choice Than Cobalt
WHY MANGANESE IS A BETTER CHOICE THAN COBALT Manganese is vastly more affordable Manganese trades 11-37 times cheaper than cobalt which is much more cost effective in the EV cathode Manganese can be mined ethically Manganese-based batteries are safer than cobalt- based batteries Manganese batteries
Slide 17: Manganese X Energy 2023 Strategies and Goals
MANGANESE X ENERGY 2023 STRATEGIES AND GOALS We have completed our robust economic Battery Hill PEA and fast-tracking directly into pre-feasibility study Pursue negotiations with a multi-national company to explore future development and sales of our value-added manganese materials to the North Amer
Slide 18: Corporate Strategy
CORPORATE STRATEGY Focus on metallurgy from the start to de-risk project Target a key strategic product - high-grade manganese sulphate for electric vehicles and stationary battery systems Invest in research and development of downstream products Partnership with downstream players June 2023
Slide 19: Key Milestones
KEY MILESTONES Manganese ★ Pilot Project ★ Pre-feasibility Study 2023 ★ Preparation of Demonstration Plant ★ Prepare for the application of environmental and respective mining permits ★ Complete Pre-feasibility Study 2024 ★ Continue the application of environmental and mining permits ★ Produce high-
Slide 20: Financial Details
FINANCIAL DETAILS Number of Shares 124.534.907 Options 11.7 million Warrants 18.300.492 Shares fully diluted 154.558.339 Market cap (03.2023) C$ 29.2 million Ownership Management & Insiders HWI (high worth investors) Retailers Institutions, 0% June 2023
Slide 21: Management Team
MANAGEMENT TEAM Martin Kepman, Chief Executive Officer & Director Martin Kepman and Associates Inc., founded in 1982, is a business development and management consulting firm owned and operated by its President Martin Kepman. Martin, in his 34 years of consulting experience, has consulted on a wide
Slide 22: Management Team
MANAGEMENT TEAM Jay Richardson, Chief Financial Officer & Director Jay Richardson is a Canadian Chartered Accountant (CA CPA), a Singapore Certified Public Accountant (CPA) and a Fellow of the Insolvency Practitioners’ Association of the United Kingdom (FIPA). He has practiced as a Partner at Ernst
Slide 23: Board of Directors
BOARD OF DIRECTORS Luisa Moreno, Ph.D., Director Dr. Moreno possesses unparalleled expertise in strategic minerals and related processes. She is currently Founder and Managing Director at Tahuti Global. Prior to this, she spent 7 years as a Financial and Senior Equity Analyst at Canadian financial r
Slide 24: Thank You
“It is our corporate mandate to become the first publicly traded manganese company in North America to pursue commercialization of a manganese deposit. The company is currently proceeding with a plant pilot project for demonstration purposes that will be capable of repeatedly and consistently genera
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