Infinity Metals Limited · ASX:INF
Infinity Metals — 9th International Advanced Automotive Battery Conference 2019
39 slides from Infinity Metals's conference presentation, Feb 1, 2019
Slide 1: European Conferences and 9th International Advanced Automotive Battery Conference Presentation
ACN 147 413 956 ASX: INF ANNOUNCEMENT 1 February 2019 European Conferences and 9th International Advanced Automotive Battery Conference Presentation HIGHLIGHTS Infinity engages with key European stakeholders at EBA250 with raw materials and chemical processing capabilities remaining a high priorit
Slide 2: Representation of a European Fully Integrated Lithium-Ion Battery Supply Chain
ACN 147 413 956 FIGURE 1: REPRESENTATION OF A EUROPEAN FULLY INTEGRATED LITHIUM-ION BATTERY SUPPLY CHAIN Note: 1) Electric cars include HEV, PHEV and EV. 2) Average battery pack for EV is 33kWh in 2017, 45kWh in 2025 and 52kWh in 2030. 3) PHEV average battery pack around 12kWh, HEV around 1kWh. 4) L
Slide 3: ACN 147 413 956 Vincent Ledoux-Pedailles presented to a full house as part of
ACN 147 413 956 Vincent Ledoux-Pedailles presented to a full house as part of the global battery raw materials segment in the development of the lithium-ion battery supply chain in Europe and its influence on critical raw materials. A copy of the presentation is attached to this announcement. Infini
Slide 4: The Development of the Lithium-Ion Battery Supply Chain in Europe and its Influence on Critical Raw Materials
The Development of the Lithium-Ion Battery Supply Chain in Europe and its Influence on Critical Raw Materials INFINITY LITHIUM Vincent Ledoux-Pedailles January 2019
Slide 5: Disclaimer
Disclaimer For Consideration ❖ This presentation has been prepared by Infinity Lithium Corporation Limited “Infinity Lithium”. This document contains background information about Infinity Lithium current at the date of this presentation. The presentation is in summary form and does not purport to be
Slide 6: Introduction
INTRODUCTION Electric mobility From Europe Wait and See mode to To Become #2 Largest Action mode EV Maker In The World Batteries EU & Governments Alliances & Long term Supply Start To Intervene & Protect – Strong Exposure to Asia The Region Europe Co, Ni, Li Large Domestic Could Become The Europe Is
Slide 7: Who Really Controls the Lithium-ion Batteries Supply Chain?
Who Really Controls the Lithium-ion Batteries Supply Chain? Source: IHS Markit *Including HEV, PHEV & EV Infinity Lithium Corporation
Slide 8: E-Mobility
E-MOBILITY
Slide 9: Q3 2018 News The European EV Supply Chain
Q3 2018 News The European EV Supply Chain European “European parliament backs 40% cut in vehicle CO2” Parliament “The Government proposes to veto the The “It’s the only way forward': Madrid bans polluting El Pais Guardian sales of gasoline and diesel cars in 2040” vehicles from city center” Reuters
Slide 10: Global EV Outlook – China in the Lead, Europe to Follow
Global EV Outlook – China in the Lead, Europe to Follow No matter which forecast you are looking at, all predict tremendous growth in EVs Light Vehicle Production Million Vehicles produced per year 30 McKinsey: EV production will reach more than 26 million 25 2 globally by 2030. China is expected to
Slide 11: E-Mobility: Electric Cars Are Not The Entire Story
E-Mobility: Electric Cars Are Not The Entire Story • A large part of the mobility market is unaccounted for in lithium-ion battery forecast • The road, the sea and the sky will move to electric too with many companies working towards this goal, from the small start up to the large corporation • Thos
Slide 12: Lithium-Ion Batteries
LITHIUM-ION BATTERIES
Slide 13: Q3 News around the European Li-ion Battery Supply Chain
Q3 News around the European Li-ion Battery Supply Chain Financial “BMW Group, Northolt and Umicore join forces to Business Samsung SDI close to Landing a $1 Billion EV Times develop sustainable life cycle loop for batteries” Korea Battery Order from BMZ Business “Coventry to become home to UK’s firs
Slide 14: A Number of New Lithium-ion Factories Planned in Europe
A Number of New Lithium-ion Factories Planned in Europe LIB Giga Factories Capacity by 2025 GWh 600 China 300 Europe US 0 Source: Benchmark Minerals Infinity Lithium Corporation
Slide 15: New Cathode Investments – One More Step Towards Back Integration
New Cathode Investments – One More Step Towards Back Integration Cathode Investments in Europe Umicore is planning to build a cathode plant in Poland. The first phase of this investment is included in the € 660 million programme announced earlier this year. Umicore is due to start deliveries in late
Slide 16: Alliances
ALLIANCES Metals - Batteries - EV
Slide 17: 2018 Key Agreements & Investments in the Lithium-ion Battery Supply Chain
2018 Key Agreements & Investments in the Lithium-ion Battery Supply Chain Lithium Li-ion Cells & Components EV Makers Ganfeng North America Lithium Nemaska Soft Bank Ganfeng SQM Tianqi Kidman Pilbara Galaxy Hanwa Bacanora Orocobre Toyota Tsusho Ganfeng Kidman Sigma Mitsui AMG
Slide 18: 2018 Key Agreements & Investments in the Lithium-ion Battery Supply Chain
2018 Key Agreements & Investments in the Lithium-ion Battery Supply Chain Lithium Li-ion Cells & Components EV Makers Ganfeng North America Lithium Nemaska Soft Bank Ganfeng SQM Tianqi Kidman Pilbara Galaxy Hanwa Bacanora Orocobre Toyota Tsusho Ganfeng Kidman Sigma Mitsui AMG
Slide 19: Multiple Lithium Offtake Deals – Dominated by Asia
Multiple Lithium Offtake Deals – Dominated by Asia 37 offtake deals 76% from Asia 51% Chinese 8% Europe 55% Feedstock Supply Deal Infinity Lithium Corporation
Slide 20: Political Support
POLITICAL SUPPORT
Slide 21: European Intervention & Protectionism Is On Its Way
European Intervention & Protectionism Is On Its Way Patrick Pouyanné - CEO Total “I will not launch the group and Saft in operations worth several billion euros if in the end we do not have the fair competitive framework between us and others” "Today, if you want to provide an electric vehicle in Ch
Slide 22: Germany Leading European Efforts For Mass Electrification
Germany Leading European Efforts For Mass Electrification “Germany has set aside 1 billion euros to support battery cell production in order to reduce the dependence of German carmakers on Asian battery suppliers and protect German jobs” Angela Merkel “I think we should, within the framework of our
Slide 23: EU Finally Focus on Strategic Raw Materials
EU Finally Focus on Strategic Raw Materials “EU accelerating plans to develop lithium mining & refining capacity” • EU push to develop a strategic value chain for manufacturing EV LIBs inside Europe • Europe now wants to secure access to the raw materials • Inside Europe, attention has focused on ma
Slide 24: European Battery Metals
EUROPEAN BATTERY METALS
Slide 25: Today, Europe is Poorly Integrated in the Li-ion battery Supply Chain
Today, Europe is Poorly Integrated in the Li-ion battery Supply Chain Upstream Middle stream Downstream Battery Metals Supply Battery Manufacturing Chain Electric Vehicles Lithium Cathodes Lithium-ion EV ~100% from China, Battery Production EU Australia, South EU America & US EU EU Upcoming Cobalt i
Slide 26: A Fully Integrated European Lithium-ion Battery Supply Chain
A Fully Integrated European Lithium-ion Battery Supply Chain The EU is pushing to have a fully integrated domestic supply chain, from producing EVs all the way back to producing raw materials. What would it mean for domestic lithium demand? European Electric Equivalent Battery Lithium Demand Million
Slide 27: Many Paths to Develop an Integrated European Supply Chain
Many Paths to Develop an Integrated European Supply Chain Lithium-ion Battery Supply Chain Mining Conversion Cathode Cell Battery EV Today Example 1 Example 2 Tomorrow Co-owned / co-developed conversion Collaboration with Cell and Battery pack manufactured in Europe by Battery fitted in a European M
Slide 28: Cathode Evolution: Nickel-rich NMC to Dominate the Industry
Cathode Evolution: Nickel-rich NMC to Dominate the Industry Lithium Hydroxide EV Battery Chemistry Mix Preferred 100% 3% 7% 5% 90% 9% Other 80% 21% 21% 22% LFP 70% 21% 6% NCA 60% 6% 36% 93% 50% NCM 811 Market 40% 22% Share by NCM 721 30% 48% 2025 20% 37% NCM 622 29% 10% NCM 111 0% 6% 2018 2021 2025
Slide 29: Many Paths to Market but Integration & Proximity is Key
Many Paths to Market but Integration & Proximity is Key 1- South America to Asia • Regulators controlling sales & Production quotas • Low Li2CO3 production cost • Water rights • But additional conversion • Li2CO3 converted • High political and costs for LiOH $$$ internationally to LiOH economicall r
Slide 30: Many Paths to Market but Integration & Proximity is Key
Many Paths to Market but Integration & Proximity is Key 1- Australia to Asia Environmental penalties & Shutdowns • Mining friendly • Low political and Hazardous Tax $$ economical risk 8,000 km $ Non-integrated chemicals Freight $ • Small royalties $ Feedstock $$$ Ex-China Spodumene Import Energy Dom
Slide 31: Many Paths to Market but Integration & Proximity is Key – Europe to Europe
Many Paths to Market but Integration & Proximity is Key 3 – Europe to Europe NO • Mining friendly region NO Import Domestic re-agents • Low risk Royalties San Jose duties available Spain 1-3km Integrated Gas pipeline NO • Low strip ratio trucking adjacent Export • Open pit taxes Infinity Lithium Cor
Slide 32: Li Hydroxide – Integrated Mineral Feedstock to Dominate
Li Hydroxide – Integrated Mineral Feedstock to Dominate Hydroxide Cost Curve, Post-Taxes & Royalties 16,000 14,000 Independent Converter 12,000 Integrated Converter* 10,000 US$/T LCE Integrated Brine 8,000 OPEX 6,000 OPEX SAN JOSE SAN JOSE $5,300 per 4,000 $5,343 ton 2,000 0 - 5,000 10,000 15,000 20
Slide 33: Infinity Lithium
INFINITY LITHIUM San Jose Lithium Project
Slide 34: Disclaimer
Disclaimer Scoping Study – Cautionary Statement The Study referred to in this announcement is a preliminary technical and economic investigation of the potential viability of the San Jose Lithium-Tin Project. It is based on low accuracy technical and economic assessments, (+/- 35% accuracy) and is i
Slide 35: San Jose Lithium Project
San Jose Lithium Project Lithium Carbonate – Completed Scoping Study* Lithium Hydroxide – Completed Feasibility Study Underway San Jose Lithium Project JORC Resource (reported 111.2Mt* (#2 in the EU) (Ind. 59Mt, Inf. 52.2Mt) Location: Extremadura – Spain above 0.1% Li cut-off) >1.6Mt LCE Market: Eur
Slide 36: Fully Integrated Project - From Mining to Lithium Hydroxide
Fully Integrated Project - From Mining to Lithium Hydroxide • 2nd Largest Lithium JORC in the EU • EU & Spain: Low investing risk • Brownfield project & long life project - potentially decades • Open pit – low risk, cheap bulk mining • Very low strip • 2.5h from Madrid via highway • JORC well suppor
Slide 37: Fully Integrated Project - From Mining to Lithium Hydroxide
Fully Integrated Project - From Mining to Lithium Hydroxide • Fully integrated operation • Sealed dual lane highway adjacent to the plant – • Proven production process connected by major • Low cost production arteries to Europe • Gas pipeline adjacent to the plant • Low temperature process • LiOH Ba
Slide 38: Scoping Study Project Economics - Lithium Hydroxide
Scoping Study Project Economics* - Lithium Hydroxide (100% Project Basis) *See Disclaimer slide Infinity Lithium Corporation
Slide 39: Infinity Lithium
INFINITY LITHIUM Developing lithium production in Europe to power a renewable future
Infinity Metals — 9th International Advanced Automotive Battery Conference 2019 on 6ix