Iondrive Limited · ASX:ION
Iondrive — Investor Presentation (June 2024)
26 slides from Iondrive's investor presentation, June 2024
Slide 1: Commercialising our DES Battery Recycling Technology
May /June 2024 INVESTOR PRESENTATION: Commercialising our DES Battery Recycling Technology ASX Ticker: ION
Slide 2: Disclaimer
01 Disclaimer Forward looking statements This document contains certain forward-looking statements that involve risks An investor must not act on the basis of any matter contained in this and uncertainties. Although we believe that the expectations reflected in the Presentation but must make its own
Slide 3: Investment Summary
02 Investment Summary ➔ End-of-life management for batteries will be a significant issue by 2030 ➔ Potential US$100B recoverable value through 11 million tpa black mass by 2040¹ ➔ Existing recycling processes are inefficient, costly, and have a large environmental footprint ➔ ION’s provisionally pat
Slide 4: Expected Market for Battery Recycling
03 EU targets for material IRA Clean Vehicle requirements Expected Market for Battery recovery rates and minimum on the percentage of the value levels of recovered contents of critical minerals Recycling Cobalt Nickel Lithium 100% 80 80 80 ION’s DES technology is a clean, efficient and selective rec
Slide 5: Rho Motion Market Study
04 5,000 Global market balance for battery-grade active materials, ktpa Rho Motion Market Study 0 189 -546 Potential: 11 million tpa black mass by 2040 = US$100B -5,000 -3,927 recoverable value -10,000 -9,360 Lithium ➔ Iondrive positioning to be an early mover in a rapidly growing Cobalt -15,000 Nic
Slide 6: ION has scope to disrupt incumbent technology
05 ION has scope to disrupt incumbent technology Incumbent Recycling Technology ION Innovative Recycling Technology ➔ Requires incineration (pyrometallurgy) or toxic acids/bases ➔ Uses Deep Eutectic Solvents (DES) in conjunction with benign (hydrometallurgy) to extract valuable materials organic sol
Slide 7: Our Innovative DES Process
06 Our Innovative DES Process ION’s Deep Eutectic Solvents (DES) Battery Recycling Technology is used in conjunction with benign, biodegradable organic solvents to recover critical minerals (Li, Mn, Co and Ni). ➔ Our exclusively licensed and provisionally patented technology Secondary is applied thr
Slide 8: Pre-Feasibility Study: Delivery Focus
07 Pre-Feasibility Study: Delivery Focus Complete In Progress Pending PFS Commercially Active PFS = Techno-Economic Evaluation FY 2025 FY 2030 De-risking strategies: Lab Examination Bench Scale Pilot Scale Smaller Scale Full Scale Idea Stage (UoA) Trials Plant Commercial Commercial Technology Commer
Slide 9: In Progress Pre-Feasibility Study
08 In Progress Pre-Feasibility Study Complete In Progress Pending Iondrive is on track for the completion of the pre-feasibility study in June, focusing on technological, commercial, and executional de-risking strategies. These de- risking activities ensure a strong foundation for successfully execu
Slide 10: Large-Scale Bench Trials
09 Large-Scale Bench Trials Investigating the DES process in larger volumes to determine scalability, quantify solvent losses, and an accurate mass balance. University of Adelaide Bench Scale Trials - Complete ➔ Results to date indicate that DES battery recycling process does scale with larger volum
Slide 11: Pilot Plant
10 Pilot Plant DES Process Flowsheet Timeline 6-month construction in FY2025 2-year operation ➔ Design and construction of a DES battery recycling Pilot Plant ● A major de-risking step on commercialisation pathway ● Continuous, fully integrated, closed-loop system representative of a large-scale com
Slide 12: Leadership Team
11 Leadership Team Michael McNeilly Dr. Jack Hamilton Dr. Ebbe Dommisse Ray Ridge Jeff Ritoe Chair NED CEO CFO & Company Secretary Strategic Advisor Commercialisation BA Econ PhD (Chem Eng) B.Eng (Chem) MSc PhD MBA GAICD B.Acc & Fin MA International Law • Chief Executive Officer of Strata • Highly a
Slide 13: Additional ION Assets
12 Additional ION Assets UoA Partnership Sodium Next-gen safe Lithium Exploration Legacy Exploration Agreement Aqueous Battery Li-ion NCM-811 (KoBold Metals JV) Assets tech Battery tech Strategic partnership Patented Na-aq battery Exploration across ION’s ION is advancing agreement with the design w
Slide 14: Capital Structure
13 Capital Structure SUPPORTIVE STRATEGIC SHAREHOLDERS - MAJOR CORPORATE STRUCTURE: SHAREHOLDERS (>5%) Ordinary Shares 486.3m Strata Investment Holdings Plc ~19.2% Share Price (29 May 2024) AUD$0.010 Ilwella Pty Ltd ~15.0% Market capitalisation AUD$4.9m ION SHARE PRICE GRAPH F24 Cash (31 March 2024)
Slide 15: Investment Opportunity
14 Investment Opportunity Placement targeting $1.5m, with ability to accept over subscriptions ➔ Cornerstone by supportive existing shareholders (Strata & Ilwella) ➔ Board, management & IR consultant participating ➔ Large-scale bench trials nearing completion = indicating technical scalability and h
Slide 16: Company Risks
15 Company Risks This document contains certain forward-looking statements that involve risks ➔ Development of a pilot plant and a subsequent commercial scale plant and uncertainties. Although we believe that the expectations reflected in the are subject to relevant approvals/permits and the ability
Slide 17: Thank you
Thank you Dr Ebbe Dommisse CHIEF EXECUTIVE OFFICER IonDrive LinkedIn IonDrive LinkedIn IonDrive X (Twitter) IonDrive X (Twitter) E | ebbe.dommisse@iondrive.com.au W | www.iondrive.com.au
Slide 18: Appendices
Appendices
Slide 19: IonDrive Board
Appendix - 01 IonDrive Board Michael McNeilly Dr Jack Hamilton Beejay Kim Adam Slater Chair - BA Econ NED - PhD (Chem Eng) MBA EVP Samsung - NED BA – NED • Chief Executive Officer of Strata Investments • Highly accomplished senior executive and board • Professional project manager who has had a long
Slide 20: Company Background
Appendix - 02 Company Background Unique partnership with leading Battery Research Institution to commercialise breakthrough technologies, with a strong focus on commercialising our DES battery recycling technology. Extensive De-Risking Commercial Management Undergoing thorough de-risking efforts thr
Slide 21: UoA Partnership: The Arrangement
Appendix - 03 UoA Partnership: The Arrangement The University of Adelaide, in addition to being ranked in the top 1% of universities in the world, has a leading-edge laboratory with a large investment into the research and development of energy storage technologies, led by two Laureate professors, P
Slide 22: UoA Partnership: The Professors
Appendix - 04 UoA Partnership: The Professors Laureate Professors Shizhang Qiao & Zaiping Guo The Australian Laureate Fellowship is an Australian professorial research fellowship awarded by the ARC. Fellowship represents a commitment to playing a significant, sustained leadership and mentoring role
Slide 23: Sodium Aqueous Battery Technology
Appendix - 05 Sodium Aqueous Battery Technology Three innovative technologies relating to the cathode, anode and electrolyte components of Lithium-ion Batteries (LIBs). Together these components can be used to create a next-generation lithium battery system that has a very high energy density/capaci
Slide 24: Next-Gen Safe Li-ion NCM-811 Battery Technology
Appendix - 06 Next-Gen Safe Li-ion NCM-811 Battery Technology Water based batteries are particularly suited to grid energy storage. Sodium-ion batteries offer a cheaper alternative to LIBs as sodium is an abundant element in nature minimising reliance on critical minerals, while having significantly
Slide 25: KoBold Metals Earn-In & JV
Appendix - 07 KoBold Metals Earn-In & JV ➔ Earn-in and Joint Venture Agreement with Kobold Metals on 5 Lithium Projects executed in November 2023 - $7M Earn-in & JV over 5 years ➔ Kobold is a private exploration and technology company backed by Bill Gates, Jeff Bezos, Jack Ma, Andresen Horowitz ➔ Ko
Slide 26: ION Au-Ag-Cu Projects Geologic Settings
Appendix - 08 ION Au-Ag-Cu Projects Geologic Settings ION Precious Metal + Cu Projects Deokon Ag-Au Aphae Au-Ag Dokcheon Au-Ag Palgong Au-Ag-Cu-Pb-Zn Goseong Cu-Au-Ag Gasado North Au-Ag Moisan East Au-Ag Daeam Au-Ag Angsan Au-Ag-Cu