Sustainable Projects Group Inc. · OTC:SPGX
Sustainable Projects — Investor Presentation (March 2024)
39 slides from Sustainable Projects's investor presentation, March 2024
Slide 1: Sustainable Lithium Extraction
Sustainable Lithium Extraction
Slide 2: Cautionary Statement
Cautionary Statement Forward-Looking Statements This presentation contains "forward-looking statements“ within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, including without limitation the financial model and business case on slides 37 and 24, respectively. Although
Slide 3: Company Introduction
Company Introduction 3
Slide 4: Company Overview
Company Overview Company: Sustainable Projects Group Inc. Head Office: Houston, TX Technology Aalborg, Denmark Center: Ticker: OTC: SPGX Shares 296M Outstanding: Market Cap: $86M 4
Slide 5: Our Purpose
Our Purpose We Turn Waste into High-Value Minerals Our patented technology transforms oil & gas wastewater (produced water) into high-value minerals. We produce high-quality battery-grade lithium compounds in just hours, saving more than 500,000 gallons of fresh water and 15,000 kg of CO2 per metric
Slide 6: Technology Center Headquarters
Technology Center Denmark Headquarters Houston, TX 6
Slide 7: Our History
Our History Lithium Harvest was founded by Sune Mathiesen and Paw Juul in 2020 out of the need for a more sustainable and faster way to produce lithium battery compounds. The idea for our patented technology was, however, born already in 2012 after conducting a produced water treatment pilot trial w
Slide 8: Experienced Management Team
Experienced Management Team +20 Years Executive management experience Sune Mathiesen, Stefan Muehlbauer Paw Juul, +20 Years Water treatment Chairman & CEO CFO CTO & Director experience Prior to co-founding Lithium Harvest, Mr. Mathiesen Mr Muehlbauer joined the Company in 2017 as CFO Prior to co-fou
Slide 9: The Environmental Challenge
The Environmental Challenge 9
Slide 10: Our planet is running low on battery
Our planet is running low on battery 10
Slide 11: The Environmental Challenge
Global GHG Emissions by Country in 2021 The Environmental Challenge 27% 39% Greenhouse gases (GHG) trap heat and make the planet warmer. Human activities are responsible for 11% almost all atmospheric GHG increases over the last 7% 150 years. 2% 7% 3% 4% Transportation accounts for 28% of U.S. GHG C
Slide 12: How EVs Reduce the Environmental Impact of Transportation
How EVs Reduce the Environmental Impact of Transportation - And How We Make It Even Cleaner 60 Use phase Battery Vehicle production Recycling 6.7 50 - Lifetime CO2 Emissions (MT) 40 Up to 99% >90% 30 Smaller Footprint Water Recycled 48.9 20 6.0 6.0 10 4.7 2.5 8.2 8.2 - -1.3 -2.0 -2.0 ICE Vehicle EV
Slide 13: Lithium
Lithium 13
Slide 14: Lithium (Li)
Lithium (Li) Lithium is the lightest metal on Earth and can be extracted from ore or brines. Lithium constitutes about 0.002 percent of the Earth´s crust, making it the 25th most abundant element. Lithium does not naturally occur in elemental form due to its high reactivity. The largest concentratio
Slide 15: We Turn Wastewater Into High Value Minerals
We Turn Wastewater Into High Value Minerals
Slide 16: Traditional Production Methods - Hard Rock Mining
Traditional Production Methods - Hard Rock Mining Spodumene Concentrate Shipped to Asia Li₂CO₃ 1. Calcination 2. Sulfuric Acid Roasting Battery EV Hard Rock Mining Export Export 3. Leaching Manufacturing Manufacturing 4. Carbonization/Refining 16
Slide 17: Traditional Production Methods - Brine Solar Evaporation
Traditional Production Methods - Brine Solar Evaporation Brine Concentrated Brine Li₂CO₃ Brine Pre- Lime Evaporation Carbonization/ Battery EV Export Well Pond Plant Pond Refining Plant Manufacturing Manufacturing 17
Slide 18: Production Methods - Direct Lithium Extraction (DLE)
Production Methods - Direct Lithium Extraction (DLE) From Pond or Brine Well Li₂CO₃ 1. Pre-Filtration Brine 2. DLE Battery EV Export Well 3. Lithium Concentration Manufacturing Manufacturing 4. Carbonization/Refining 18
Slide 19: Lithium Production Technologies
Lithium Production Technologies DLE from Brine Solar Evaporation Brine Extraction Hard Rock Mining Project implementation time 5-7 years 13-15 years 8-10 years Lithium carbonate production time 2 hours 2-3 years 3-6 months Lithium yield 80-95% 20-40% 6-7% Average footprint per 1,000 mt LCE 1.4 acres
Slide 20: Production Methods - Lithium Harvest DLE
Production Methods - Lithium Harvest DLE $0.50-1.00/BBL Revenue Opportunity Clean Water for Beneficial Reuse Produced Water Water Treatment Li₂CO₃ 1. Pre-Treatment Oil 2. DLE Battery EV Export Well 3. Lithium Concentration Manufacturing Manufacturing 4. Carbonization/Refining 20
Slide 21: Our Technology - Modular and Mobile
Our Technology - Modular and Mobile Produced Water DLE Pre-Treatment Separation Concentration Carbonization/Refining Lithium Concentration 21
Slide 22: Direct Lithium Extraction - But Different
Direct Lithium Extraction - But Different Our patented technology is Direct Lithium Extraction (DLE) based on adsorption technology. Using wastewater from oil & gas production as our feedstock, allows us to bring lithium operations online much quicker and at a lower cost than any other DLE technolog
Slide 23: Technology Benchmark - Environmental Impact
Technology Benchmark - Environmental Impact Carbon Footprint Facility Footprint Water Consumption Million kg per 1,000 mt LCE Acres per 1,000 mt LCE Million Gallons per 1,000 mt LCE 20 150 600 500 15 100 400 10 300 50 200 5 100 0 0 0 Lithium DLE Hard Rock Brine Solar Lithium DLE Hard Rock Brine Sola
Slide 24: Technology Benchmark - Business Case
Technology Benchmark - Business Case CapEx Average Cost Project Implementation Time Milllion USD per 1,000 mt LCE USD per 1,000 mt LCE Years $70 $8,000 15 $60 $50 $6,000 10 $40 $4,000 $30 $20 5 $2,000 $10 $- $- 0 Lithium DLE Hard Rock Brine Solar Lithium DLE Hard Rock Brine Solar Lithium DLE Hard Ro
Slide 25: A Win-Win Strategy for the Oil and Lithium Industry
A Win-Win Strategy for the Oil and Lithium Industry Advantages for Oil & Gas Operators Advantages for the Battery Value Chain Waste to Profit Versatile Reuse Options World’s Most Sustainable Lithium Competitive Pricing Transform wastewater into Reuse treated water for Setting new global sustainabili
Slide 26: We are helping our planet back to 100%
We are helping our planet back to 100% 26
Slide 27: The Lithium Market
The Lithium Market 27
Slide 28: The World is Facing a Lithium Shortage
Supply-Demand Forecast The World is Facing a 8,000,000 7,000,000 Lithium Shortage 6,000,000 5,000,000 LCE MT 4,000,000 The green energy transition has already created a surge in 3,000,000 demand for lithium, and the demand is expected to further increase exponentially as the world continues the 2,00
Slide 29: The World Needs More Sustainable Lithium
Supply-Demand Sustainable Lithium 7,000,000 The World Needs More 6,000,000 Recycling Base Case Demand Sustainable Supply High Case Demand Unsustainable Supply Sustainable Lithium 5,000,000 LCE MT 4,000,000 Sustainability is Now a Critical Metric for Lithium Supply Agreements 3,000,000 Sustainability
Slide 30: The Lithium Market
The Lithium Market Canada United States 2.5% China 18.9% Geography 0.3% Today, about 90% of all lithium is produced in Australia, Chile, Brazil China, and Argentina. Australia is the largest lithium producer, 3% making up about 40% of all lithium in 2023. However, most of Bolivia Australia the ore f
Slide 31: Rapid Growth of U.S. Demand and Battery Manufacturing
US Battery Capacity Growth 1200 1500 Rapid Growth of U.S. Demand GWh capacity 1000 LCE TMT 800 1000 and Battery Manufacturing 600 400 500 200 0 0 The Inflation Reduction Act significantly accelerates EV 2022 2025 2030 supply chain development in the U.S. US GWh capacity US LCE demand tonne Total U.S
Slide 32: Lithium Price
Historical Lithium Carbonate Prices 90,000.00 80,000.00 Lithium Price 70,000.00 60,000.00 The Main Drivers Behind Price Volatility in 2022-2023 Have Been: 50,000.00 40,000.00 Electric Vehicle (EV) Sales Trends: 33% YoY in 2023, below the 65% in 30,000.00 2022 but still positive. 20,000.00 Inventory
Slide 33: Business Outlook
Business Outlook 33
Slide 34: Planned Projects
Planned Projects Facility Details – ND I Location: Watford City, ND Initial Capacity: 400 mt Maximum Capacity: 1,300 mt Footprint: 41,000 sq ft Construction Start: H1/2024 Expected Production Start: H1/2025 Facility Details – ND II Location: Cartwright, ND Initial Capacity: 600 mt Maximum Capacity:
Slide 35: Planned Projects
Planned Lithium Production 50,000 40,000 Planned Projects 30,000 20,000 10,000 - The Company has signed a contract with a leading 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 midstream company for the supply of lithium Lithium Production (MT) feedstock. The Company expects to start constru
Slide 36: Our Technology - Lithium Feedstock
Our Technology - Lithium Feedstock Water is Readily Available In the U.S. alone, more than 55 million barrels of produced water are generated daily. Today, most produced water is transported away from the production site and injected into disposal wells, which creates a large environmental footprint
Slide 37: Financial Model
Financial Model 2023-2033 10 Year Financial Model $1,000,000,000 Assumptions $900,000,000 $800,000,000 $700,000,000 Lithium Sales Price: $20,000/mt* $600,000,000 Feedstock: $0.25/bbl* $500,000,000 $400,000,000 $300,000,000 *The revenue, gross margin and EBITDA numbers on this slide are the results o
Slide 38: The world's most sustainable lithium
The world’s most sustainable lithium
Slide 39: lithiumharvest.com
4 Lithium Harvest lithiumharvest.com
Sustainable Projects Group — Investor Presentation (March 2024) on 6ix