5e Advanced Materials, Inc. · NASDAQ:FEAM
5e Advanced Materials — Investor Presentation (June 2024)
21 slides from 5e Advanced Materials's investor presentation, June 2024
Slide 1: Enabling America's Clean Energy Economy
Enabling America’s Clean Energy Economy June 2024 : FEAM The information in this presentation is confidential and proprietary, and may not be used, reproduced or distributed without the express written permission of 5E Advanced Materials, Inc. : 5EA
Slide 2: Disclaimer
Disclaimer FORWARD-LOOKING STATEMENTS The information in this Presentation includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. All statements other than statements of historical fact included in this presentation regarding our
Slide 3: 5E Advanced Materials Summary
5E Advanced Materials Summary ▪ 5E Advanced Materials trades on the NASDAQ and the ASX stock exchange ▪ 5E will operate across the value chain from resource extraction, to refinement and to distribution ▪ The company is currently operating its 5E Boron Americas Complex with a pathway to scale produc
Slide 4: Why 5E Advanced Materials?
Why 5E Advanced Materials? Exposure to critical materials Boron and Lithium Important to U.S. Reshoring, decarbonization, and domestic production required for the clean energy economy Designated as Critical Infrastructure by the U.S. Government with broader focus through defense, clean energy and EV
Slide 5: Boron Value Proposition
Boron Value Proposition WHY BORON? *The Global Boron Market is Light Heat Hardness valued at $4.6 billion 1 Weight Resistant Anti- Corrosion *High barrier to entry: 85% of Microbial Resistant global boron production is 2 controlled by two companies *Demand for boron derivatives 16 50 . . x10 will la
Slide 6: Project Execution Highlights
Project Execution Highlights 12-MONTH ACCOMPLISHMENT AND MILESTONE SUMMARY S-K 1300 Report EPA Approval SSF Construction Plant Operational ▪ Resources Defined ▪ Step Rate Testing (SRT) ▪ Initial facility is permitted, ▪ Commenced production in ‒ 171M Tons1 completed October 2023 constructed and Apri
Slide 7: Company Milestones Achieved
Company Milestones Achieved Plant EPA Lab Operation & Authorization Production First Boric Acid Nov. 2023 Jan. 2024 Feb. 2024 Mar. 2024 Apr. 2024 Finalized & Startup Commissioned Wellfield Plant 7
Slide 8: 12 Month Roadmap
12 Month Roadmap SSF PLANT OPTIMIZATION CORPORATE ACTIVITIES Initial Plant Operation & Data Collection: FEL-2 Engineering: Perform detailed design to create a precise cost Utilize the coming months with a relatively low burn rate estimate and timeline for Commercial Phase 1 to further optimize the s
Slide 9: Commercial Phase 1 Project Funding ~US$390M
Commercial Phase 1 Project Funding Traditional Equity ▪ Capital Market / Shareholders ▪ Institutional and Retail Project Finance Facilities ▪ US Government Funding 1 ▪ Traditional private finance ~US$390M ▪ US Import Export Credit Bank Funding from Operations ▪ Royalty Agreements ▪ Customer Prepayme
Slide 10: Government Funding
Government Funding GOV’T FUNDING SOURCES CURRENT STATE OF AFFAIRS Department of Defense Department of Defense ▪ Defense Production Act, ▪ Multiple applications for funding already in progress DPA Title III DOD ▪ Funding focused on increasing current ▪ NDAA Funding Bill production, as well as boron d
Slide 11: Boron and The Global Market
Boron and The Global Market
Slide 12: Borates: Derivative Materials and End-Use Applications
Borates: Derivative Materials and End-Use Applications MATERIALS APPLICATIONS GDP+ GROWTH ON LARGE BASE INDUSTRIAL HIGH-END CERAMICS FERTILIZERS FIBERGLASS ULEXITE COLEMANITE HIGH GROWTH HIGH VALUE BORON BORIC ACID EV MAGNETS/ WIND TURBINE OXIDE SOLAR PV GLASS PANEL/GLASS BLADES HIGH GROWTH = Decarb
Slide 13: Boron Market
Boron Market Electric Vehicles Global Energy Transition ▪ Widely used (and largely not substitutable) across Electrification of ▪ Critical material used in wide range of decarbonization Transport technologies (wind, solar, and nuclear) ▪ Key driver of demand in magnets needed for electric motor ▪ De
Slide 14: 1.6M tons of new demand expected by 2031
Traditional vs. Growth Markets TRADITIONAL BORON MARKETS BORON GROWTH MARKETS Detergents 4% Food Security Micronutrient 13% Ceramics 15% Decarbonization Green Energy 18% Transition Non- Decarbonization Large number of maintenance Glass and rehabilitation business models 50% that typically oscillate
Slide 15: The 5E Advanced Materials Advantage
The 5E Advanced Materials Advantage
Slide 16: Logistical Advantage
Logistical Advantage Premium Production Facility Prompt Shipping Geographic Stability 1 5E Advanced Materials maintains a Located near the Port of Los Angeles, 70% of borates are mined outside of strong competitive advantage with 5E can ship products conveniently the United States, adding geopolitic
Slide 17: Mining & Environmental Advantage
Mining & Environmental Advantage In-Situ Mining Hard Rock Mining ✓ ✓ Low land disturbance Cost Effective Risk of pit collapse Equipment and labor intensive ✓ ✓ No tailings dam storage Low operating emissions Significant surface area needed Tailings storage Streamlined Multi-Location Producti
Slide 18: Investment Thesis
Investment Thesis ✓ Fully integrated business going from mineral to application ✓ Limited competitive landscape to supply boron ✓ ELECTRIC FOOD VEHICLES SECURITY U.S. investment into clean energy transition is a strong tailwind ✓ Mining one of the easiest families of borates to process ✓ Solution mi
Slide 19: Appendix
ADVANCED MATERIALS
Slide 20: The Team to Deliver
The Team to Deliver Leadership Team Board of Directors David J. Salisbury NON-EXECUTIVE CHAIR BSc, MBA Graham van’t Hoff NON-EXECUTIVE DIRECTOR BA, MChem, MBA Paul Weibel J.T. Starzecki Josh Malm Rod MacLaine Stephen Hunt Lonnie Bailey CHIEF EXECUTIVE CHIEF STRATEGY INTERIM CHIEF VICE PRESIDENT NON-
Slide 21: The information in this presentation is confidential and proprietary, and may not be used,
21 The information in this presentation is confidential and proprietary, and may not be used, reproduced or distributed without the express written permission of 5E Advanced Materials, Inc.
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