Ecograf Ltd. · ASX:EGR
Ecograf — Africa Down Under Conference 2024
36 slides from Ecograf's conference presentation, Sep 4, 2024
Slide 1: Tanzanian graphite for a clean energy future
Tanzanian graphite for a clean energy future Africa Down Under Conference Presentation 4- 6th September 2024
Slide 2: Disclaimer
Disclaimer Securities Disclaimer Competent persons This document 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 The information in this report that relates
Slide 3: Our business
Our business Building a vertically integrated battery anode materials business to produce high purity graphite products for the lithium-ion battery and advanced manufacturing markets MIDSTREAM EcoGraf Mechanical Shaping Facility Micronising and Spheronising of flake graphite to produce Spherical Gra
Slide 4: Corporate snapshot
Corporate snapshot Company Directors & Officers Stock Listings Major shareholders ROBERT PETT JOHN CONIDI ASX: EGR FSE: FMK Non-Executive Chair Non-Executive Director Australian Securities Exchange Frankfurt Stock Exchange (Börse Frankfurt) ANDREW SPINKS KEITH JONES 37.7% Managing Director A$XX.XM H
Slide 5: Geopolitical drivers for new anode material supply
Geopolitical drivers for new anode material supply GLOBAL MONTHLY EV SALES (‘000 UNITS)1 GLOBAL LEGISLATION 1,800 Q2 2024 EV Sales IRA, MS, DoE, DoD have pushed development and funding into localised resources in North 1,600 +24% America with tax credits supporting new supply 1,400 Q2 2023 EV Sales
Slide 6: EcoGraf's vertically integrated BAM strategy
EcoGraf’s vertically integrated BAM strategy UPSTREAM MIDSTREAM DOWNSTREAM RECYCLING 97-99% C % Carbon 96-98% C >99.99% C Mechanical Grade/ Mine and Mineral HFfree Purification Anode Recycling Shaping Process Processing Technology Stage 1 Natural Flake Graphite Spherical Graphite (SPG) Purified SPG
Slide 7: UPSTREAM Epanko Graphite Development
UPSTREAM Epanko Graphite Development Epanko • KfW IPEX-Bank Mandated for UFK Loan of up to US$105m for Development of Epanko Mine and Mineral • Bank appointed SRK Independent Engineers’ review Processing Facility to underway Produce Natural Flake • Compliance with Equator Principles 4 and IFC Graphi
Slide 8: Ore Reserve update
Ore Reserve update Largest development ready graphite project in Africa Industry-leading 82% of total Ore Reserves classified as Proven, delivering increased confidence on metallurgical factors such as process recoveries, flake size distribution and concentrate grades 8 Refer to ASX announcement “Up
Slide 9: Epanko project advantages
Epanko project advantages Key advantages to drive lowest cost feedstock for lithium-ion battery market TRANSPORT DISTANCE 450km TO PORT EPANKO MINE 75km TO RAIL MINERAL RESOURCE ESTIMATE (MRE) ORE RESERVE AVERAGE THICKNESS 300 250 200 150 290 21 82 Ore Reserve % 200 METRES 100 MILLION MILLION Classi
Slide 10: Epanko mine layout and overview
Epanko mine layout and overview • Proven Ore Reserve providing the highest level of confidence for Mineral Resource development • New mine design delivers low-cost Oxide Ore first strategy over 1.3 km strike length • Pending Special Mining License (SML) will cover the full 5.5 km strike length to su
Slide 11: Epanko processing plant layout
Epanko processing plant layout PROCESSING PLANT View flyover video: https://tinyurl.com/ypmd7vme 11
Slide 12: Improved flowsheet design and TSF expansion capacity
Improved flowsheet design and TSF expansion capacity • Process flowsheet based on rigorous testing SINGLE STREAM and independent review of single stream • Flowsheet design to produce graphite products for industrial and high growth lithium-ion battery markets • Knight Piésold completed assessment of
Slide 13: Epanko financial metrics
Epanko financial metrics Platform for high value future expansion Key production metrics Physicals Unit Physicals Unit NPV (10%, pre tax) US$M 348 Initial years Years 18 IRR (pre tax) % 36 Strip Ratio Waste : Ore 0.3 Payback Period (pre tax) Years 4.25 Annual Plant Feed Ktpa 850 Pre Production Capit
Slide 14: Our Tanzanian team delivering results
Our Tanzanian team delivering results 14
Slide 15: New Tanzanian infrastructure supporting Epanko
New Tanzanian infrastructure supporting Epanko Ifakara Substation Funded through the European Union to support new business in the region. Julius Nyerere Hydropower Station Great Ruaha Bridge Providing low-cost, renewable power Electric Train Improving the with recent transportation announcement now
Slide 16: ESG contribution to Tanzania
ESG contribution to Tanzania Economic growth Economic growth Direct contribution to the economy through procurement of goods and services, employment, Positive Impact royalties, taxes and Transformational dividends. inter-generational financial and social Multiplier effect Employment upliftment for
Slide 17: MIDSTREAM Mechanical Shaping Facility
MIDSTREAM Mechanical Shaping Facility Development supports the Tanzanian Governments ‘Vision 30’ value adding strategy Mechanical shaping of • Four locations identified as the preferred location along natural flake graphite to transport corridor produce Spherical • Optimises supply chain logistics e
Slide 18: Development ready with extensive testwork completed
Development ready with extensive testwork completed • Development to leverage off previously completed permitting, plant design, GRADE: layout and equipment lists. EPANKO UNPURIFIED SPG16 • High spherical graphite yield for Epanko graphite flake > 60%1 • Customised solution for potential customers s
Slide 19: Tanzania open for investment
Tanzania open for investment President Hassan is promoting increased US Germany Korea cooperation with businesses to encourage more foreign • US Department of State • German President Frank • Tanzania President direct investment in Tanzania recognition of Tanzania’s Steinmeier met recently visits Ko
Slide 20: DOWNSTREAM EcoGraf HFfree purification facility
DOWNSTREAM EcoGraf HFfree purification facility Global expansion driven by EV demand and legislation to encourage new and HFfree Purification sustainable critical mineral supply chains to produce Purified SPG Requirement for new suppliers of battery anode materials following launch of EU Green Deal,
Slide 21: Proprietary processing technology
Proprietary processing technology Patent protection - International Examining Authority deems all 25 patent claims novel and inventive • US Patent Granted. ✓ Product made (outside of the US) by a patented process (patented in the US), would be an infringement when imported into the US • Patent submi
Slide 22: EcoGraf HFfree process advantages
EcoGraf HFfree process advantages Low Cost Competitive economics compared to the other Minimum impurities purification methods Impurity levels to less 100ppm Eco-friendly Low carbon footprint with Why minimal waste streams HFfree Versatility Purification technology successfully applied to Scalable a
Slide 23: EcoGraf HFfree purification cost advantage
EcoGraf HFfree purification cost advantage Cost comparison conducted by global engineering & construction consultancy, comparing EcoGraf HFfree purification vs three other technologies in use based on a 25,000tpa reference base Cost advantage EcoGraf HFfree products will be produced at competitive c
Slide 24: Product Qualification Facility (PQF)
Product Qualification Facility (PQF) Facility located in Perth, Western Australia PQF piloting facility developed for purification of Spherical Graphite (SpG) feedstock - capability 5kg/hr ✓ PQF successful r commissioning ✓ The first continuous run using unpurified spherical graphite concentrate com
Slide 25: PQF process flowsheet
PQF process flowsheet GLOBAL LEGISLATION CAUSTIC TREATMENT SECTION ACID TREATMENT SECTION 25
Slide 26: EcoGraf HFfree proprietary purification latest results
EcoGraf HFfree proprietary purification latest results GRADE: EPANKO PURIFIED SPG15 Achieved 99.99% C demonstrating efficiency of purification process • Purification of natural spherical graphite (SPG) has recently achieved 99.99% carbon, which exceeds the standard customer industry requirement of 9
Slide 27: RECYCLE Anode Recycling
RECYCLE Anode Recycling EcoGraf HFfree purification supports closed loop recycling and circular economy EcoGraf purification technology applied to lithium-ion battery recycling • Recovery of battery anode materials to provide customers with lower battery costs and support a reduction in battery and
Slide 28: Europe's lithium-ion battery recycling market
Europe’s lithium-ion battery recycling market EcoGraf’s strategy on production anode scrap is 20 100 475 1,000 aligned with Europe’s forecast recyclable (~70 kt) (~460 kt) (~2,650 kt) (~5,950 kt) materials. 20% 40% 90% 90% • Production scrap to dominate 2025 to 2030 volumes • End-of-life batteries i
Slide 29: Purification results for anode recycling
Purification results for anode recycling Positive results achieved over last 3-years Carbon Grade after High Purity Li-ion Battery Company Product EcoGraf HFfree Industrial Anode Market Purification Markets (>99.95) Recycler End of Life 99.80% EV Production Scrap 99.97% EV Production Scrap 99.92% Ba
Slide 30: Recycled anode material performance & recognition
Recycled anode material performance & recognition Helmholtz - Institute: EIT award winning German GLOBAL WARMING POTENTIAL research program confirms RecoBAM matches KG CO2 EQ. PER KG CSPG the electrochemical performance of newly manufactured commercial battery graphite EcoGraf HFfree Anode Material
Slide 31: Piloting next steps
Piloting next steps SCRAP Anode material BATTERY ANODE CELL ANODE SLURRY MANUFACTURERS recycling PRODUCTION ANODE supports the ELECTRODE circular economy and provides a PRODUCTION BATTERY near zero carbon footprint HIGH VALUE & PURITY INDUSTRIAL MARKETS NATURAL SYNTHETIC Alkaline and zinc carbon
Slide 32: High performance graphite with low emissions
High performance graphite with low emissions EcoGraf HFfree anode material delivers improved battery performance and significantly lower CO2 SUPERIOR BATTERY PERFORMANCE LOW CO2 FOOTPRINT 364 362 Specific capacity (mAh/g) 23.1 Kg CO2 eq. per kg CSPG 360 Synthetic Graphite Anode Material 358 356 Stan
Slide 33: Government recognition
Government recognition • EcoGraf included in US • EcoGraf invited to round • Major Project Status White House briefing room table discussion with statement. • Australian Minister for German President, Frank- Resources, Hon • Epanko included in Joint Walter Steinmeier and Madeleine King visits Statem
Slide 34: Compelling value and investment proposition
Compelling value and investment proposition Significant value in each business development stream with value multiplier expected on delivering the vertically integrated business KEY ADVANTAGES Vertically Integrated US EU DEMAND DEMAND Cost Competitive ASIA DEMAND Mechanical Shaping Plant ESG Positio
Slide 35: Other value drivers
Other value drivers AngloGold Ashanti US$9.0m (A$13.5m) Gold 5-year Farm-in Agreement on EcoGraf’s Golden Eagle Project • Project located in the world class +70 Moz gold Lake Victoria Goldfields1 • Area covers the direct interpreted northeast continuation of the Banded Iron Formation (BIF) that host
Slide 36: Engineering clean energy with Tanzanian graphite and EcoGraf HFfree purification technology
Engineering clean energy ASX: EGR with Tanzanian FSE: FMK OTCQB: ECGFF graphite and EcoGraf HFfree purification technology. 18 Richardson Street, West Perth WA 6005 info@ecograf.com.au www.ecograf.com.au EcoGraf Limited @EcoGraf EcoGraf Limited Join Our Mailing List