Ecograf Ltd. · ASX:EGR
Ecograf — Investor Presentation (July 2023)
37 slides from Ecograf's investor presentation, Jul 11, 2023
Slide 1: Letter from the Managing Director
11 JULY 2023 ASX: EGR Corporate Presentation Diversified battery anode materials company EcoGraf Limited (EcoGraf or the Company) (ASX: EGR; FSE:FMK; OTCQX: ECGFF) is pleased to release a copy of the latest corporate presentation which is preceded by a letter from the Managing Director. Dear Fellow
Slide 2: Letter from the Managing Director (continued)
These new policies provide opportunities for EcoGraf to supply products for the high growth North American and European battery markets much sooner than previously expected but require a greater focus on ensuring qualifying supply chains for these regions. As a result of these positive developments,
Slide 3: Corporate Presentation July 2023
For personal use only Corporate Presentation July 2023 Vertically Integrated Anode Materials for the Lithium-ion Battery Market ASX: EGR FSE: FMK OTCQX: ECGFF
Slide 4: Disclaimer
Disclaimer Securities Disclaimer Competent persons This presentation is for informational purposes only and does not constitute an offer to sell, or solicit to purchase, any Any information in this document that relates to Exploration Results, Mineral Resources or Ore Reserves is based on securities
Slide 5: Our business, supporting the global transition to clean energy
Our business, supporting the global transition to clean energy Vertically Integrated Anode Materials for For personal use only the Lithium-ion Battery Market EXTRACT UPGRADE RECYCLE Natural EcoGraf HFfreeTM Anode Graphite Battery Anode Material Recycling High quality, long life High performance, Eco
Slide 6: Corporate snapshot
Corporate snapshot Market capitalisation2 Cash balance1 Shares on issue2 at 31 March 2023 For personal use only A$78.8M A$39.5M 455M Share Price2 Stock Exchange Listings Major shareholders2 A$0.17 ASX: EGR Australian Securities Exchange Other Top 20 37.7% Board and management FSE: FMK 50% First Sent
Slide 7: Our board and management team
Our board and management team Board & Executive Team For personal use only Robert Pett Andrew Spinks John Conidi Keith Jones Karen Logan Dale Harris Howard Rae Christer Mhingo Chrisjan Van Wyk Non-Executive Chair Managing Director Non-Executive Director Non-Executive Director Chief Operating Officer
Slide 8: High growth lithium-ion battery market
High growth lithium-ion battery market Global graphite demand - KTPA For personal use only 2021 220 Demand for LiB forecast to grow 446 446 811 3,120 +30% CAGR over next 10 years 2030 Million Tonnes World Bank reports Natural graphite to 10 New supply required to meet graphite is the key increase fr
Slide 9: Recent achievements
Recent achievements ACHIEVEMENTS: LAST 3 MONTHS PRICE CATALYSTS - NEWSFLOW For personal use only Progress US Patent Allowed on Patent Product POSCO Signs Cooperation Qualification Agreement Facility Joint funded by Epanko Australian Gov’t Australian Govt $2.9m Grant for Development, Product Qualific
Slide 10: East African logistics hub supporting BAM supply chain
East African logistics hub supporting BAM supply chain 2023 Global Legislation For personal use only Battery and EV Manufacturing Hubs IRA has pushed development of Battery and EV critical battery Battery and EV Manufacturing Hubs minerals under Manufacturing Hubs MSP and trade deals EU Green Deal P
Slide 11: Our business
Our business Vertically integrated battery anode materials business positioned for lithium-ion battery market For personal use only EXTRACT UPGRADE RECYCLE Mine Mechanical Shaping Purification Anode Recycling Epanko Graphite Project Tanzania mechanical Purification IP and Purification IP, technology
Slide 12: US and EU legislation supports new supply chains
US and EU legislation supports new supply chains EcoGraf’s ESG credentials are aligned to the new climate change policies For personal use only Inflation Minerals Security Reduction Act Partnership EU Green Deal • Credit $3750: Critical • Critical minerals are • Responsible sourcing minerals extract
Slide 13: Tanzania is ready, stable and open for investment
Tanzania is ready, stable and open for investment • New President bringing For personal use only renewed domestic political and social stability • Targeting mining to be 10% of GDP by 2025 • Attracting investment from majors inc. BHP and Shell • Major infrastructure projects bringing power stability
Slide 14: POSCO cooperation agreement
POSCO cooperation agreement Agreed to enter into definitive arrangements for the sale and purchase of EcoGraf’s battery anode material products for an initial term of ten (10) years from the commencement of production. For personal use only Terms: Battery Anode Material Year 1 : 7,500 – 12,500 tonne
Slide 15: Epanko natural flake graphite project
EXTRACT Epanko natural flake graphite project EPANKO • Development ready - project defined and de-risked, For personal use only commencing at 73,000tpa with potential to significantly expand production to meet market demand 1 Natural Graphite • Evaluation of multi-stage expansion of Epanko in progre
Slide 16: Attractive financial returns for Epanko
Attractive financial returns for Epanko Platform For Potential High Value Future Expansion Key Production Metrics For personal use only Physicals Unit 2023 Update Physicals Unit 2023 Update NPV (10%, pre tax) US$M 348 Initial years Years 18 IRR (pre tax) % 36 Strip Ratio Waste : Ore 0.27 Payback Per
Slide 17: Updated operating costs for Epanko
Updated operating Operating costs for Epanko Cost Update Pre-Development Results US$/t Concentrate US$M For personal use only • Reduction in Drill & Blast Mining Cost 112 requirements for oxide material. 80% Free Dig. Process Plant Cost 211 • Mine schedule run on 850,000t/year, producing 73,000t G&A
Slide 18: Duma TanzGraphite natural graphite project
Duma TanzGraphite natural graphite project Contained Tonnage Grade JORC classification (Mt) (%TGC) graphite (Mt) Epanko 38% Resource For personal use only increase supports Epanko Mineral Resource estimate >5.5% TGC1 future expansion to Ore Reserve Total (Meas, Ind, Inf) 128.2 7.4 9.5 of 11.7Mt @ 8.
Slide 19: Mineral Resource characteristics for Epanko
Mineral Resource characteristics for Epanko Significant potential to increase MRE along strike Key Mineral Characters Epanko For personal use only (7.35km Undrilled) Total MRE 128.2Mt (2.15km Drilled) Total MRE 128.2 Mt Mineral Resource - Grade 7.4% TGC Mineral Resource - Cut-off 5.5% TGC Epanko CP
Slide 20: Proven flowsheet design
Proven flowsheet design SINGLE STREAM • Process flowsheet based on established industry techniques and equipment For personal use only • Detailed process testwork completed: • Independent testing conducted • Rigorous testing of flowsheet dynamics to produce desirable product properties for both indu
Slide 21: Tails storage facility expansion capacity
Tails storage facility expansion capacity Study confirmed 8-fold increase to +80Mt capacity in tailings storage facility (TSF) For personal use only • Significant infrastructure benefit. • Knight Piésold completed assessment of the expansion capacity for tailings storage in the Epanko valley. • Stud
Slide 22: Tanzania investment in infrastructure
Tanzania investment in infrastructure SUPPORTING THE PROJECT • 80km of new paved highway with new bridges For personal use only • Significant investment in power infrastructure with new 220KV substation at Ifakara 20
Slide 23: BAM mechanical shaping facility in Tanzania
BAM mechanical shaping facility in Tanzania Location study incorporates the mechanical shaping testwork, engineering and design work programs completed by EcoGraf’s For personal use only battery anode materials team. • Optimise supply chain logistics efficiencies • Meetings held with the Tanzanian G
Slide 24: Corporate social responsibility
Corporate social responsibility ESG credentials with Equator Principles development model, satisfying • International Finance Corporation Performance Standards For personal use only • World Bank Group Environmental, Health & Safety Guidelines Housing School supplies donations Const. primary school f
Slide 25: Downstream battery anode materials
UPGRADE Downstream battery anode materials Global expansion driven by EV demand and legislation to encourage new and more For personal use only The new state-of-the-art HFfreeTM Battery sustainable supply chains processing facilities will Anode Material Increased requirement for new supply of batter
Slide 26: Proprietary processing technology
Proprietary processing technology Patent protection - International Examining Authority deems all 25 patent claims novel and For personal use only inventive • ‘Notice of Allowance’ received from US Patent and Trademark Office. Product made (outside of the US) by a patented process (patented in the
Slide 27: Product development
Product development Proprietary processing technology and product development for high purity products For personal use only BATTERY ANODE MATERIAL PRODUCTS Main Product Secondary Product Product Development of By-Product Fines Blended Recycling ELECTRIC VEHICLES, HYBRID CARS/ POWER TOOLS CAST & GRE
Slide 28: High performance, low emission battery anode material
High performance, low emission battery anode material use only Superior Energy Storage Lowest CO2 footprint 364 362 capacity (mAh/g) 23.1 Kg CO2 eq. per kg CSPG 360 Synthetic Graphite Anode Material personal 358 356 Standard Natural 14.3 Kg CO2 eq. per kg CSPG Graphite Anode Material 354 352 5.0 – 1
Slide 29: Global expansion strategy to meet battery anode demand
Global expansion strategy to meet battery anode demand Positioning Assessing EcoGraf locations to co- For personal use only purification locate and EcoGraf anode recycling purification and capability anode in recycling Gigafactory 30 regional EV capability inand 25 developments 226 battery hubs regi
Slide 30: Full cycle active anode recovery
RECYCLE Full cycle active anode recovery ECOGRAF HFFREE™ PURIFICATION SUPPORTS CLOSED LOOP RECYCLING For personal use only EcoGraf Anode • Objective: Recover battery anode Material Recycling materials to enable customers to lower battery costs and CO2 emissions: KEY ACTIVITIES 1 Production Anode Scr
Slide 31: Purification results for anode recycling
Purification results for anode recycling Positive results achieved for a range of product samples and customers under CA/NDA’s For personal use only Results support developing Carbon Grade after piloting plant for Production EcoGraf HFfree™ Anode Electrode Scrap Purification High Purity Li-ion Batte
Slide 32: Recycled anode electrochemical performance & CO2 benefit
Recycled anode electrochemical performance & CO2 benefit Global Warming Potential HELMHOLTZ - INSTITUTE : EIT award winning Kg CO2 eq. per kg CSPG For personal use only German research program confirms RecoBAMTM matches the electrochemical performance of newly manufactured commercial battery graphit
Slide 33: Pilot plant required for anode product qualification
Pilot plant required for anode product qualification RECYCLING ANODE MATERIAL SUPPORTS THE CIRCULAR ECONOMY For personal use only CLOSED LOOP RECYCLING RE-USE Lithium-ion Battery PRODUCTION MARKET Lithium-ion Battery Manufacturing SCRAP Anode Recycling Plant Natural + Synthetic Applications Natural
Slide 34: Supported by long standing partnerships
Supported by long standing partnerships For personal use only Australian and German Government Support Memberships and Affiliations 32
Slide 35: Value Proposition from Integrated supply chain
Value Proposition from Integrated supply chain For personal use only INVESTMENT HIGHLIGHTS Near term project High growth Environmentally Progressive development catalysts battery market attractive processing and innovation Mine Mechanical Shaping Purification Anode Recycling Epanko NPV10% ECONOMIC V
Slide 36: The future is electric
For personal use only The future is electric ASX: EGR FSE: FMK OTCQX: ECGFF JOIN OUR MAILING LIST www.ecograf.com.au
Slide 37: About EcoGraf and contact details
This announcement is authorised for release by the Board of Directors. For further information, please contact: INVESTORS Andrew Spinks Managing Director T: +61 8 6424 9002 About EcoGraf EcoGraf is building a vertically integrated battery anode materials business to produce high purity graphite prod