American Battery Technology Company · NASDAQ:ABAT
American Battery Technology — Investor Presentation (August 2024)
27 slides from American Battery Technology's investor presentation, Aug 24, 2024
Slide 1: American Battery Technology Company Overview 2024
Company Overview 2024 NASDAQ: ABAT American Battery Technology Company www.americanbatterytechnologycompany.com
Slide 2: Forward-Looking Statement
FORWARD-LOOKING STATEMENT Page 2 NASDAQ: ABAT This presentation contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, are "forward-looking statemen
Slide 3: Our Unique Value Proposition
OUR UNIQUE VALUE PROPOSITION Page 3 NASDAQ: ABAT Commercial Battery Recycling Facility Tonopah Flats Lithium Project Dual Sources of Potential Offtake Supply Lithium-Ion Battery Mineral Resource and Recycling Refinery » Internally Developed Lithium-Ion In-House R&D » Lithium Resource of >21 Mt LHM B
Slide 4: Experienced Management Team
EXPERIENCED MANAGEMENT TEAM Page 4 NASDAQ: ABAT CEO and other senior members of American Battery Technology Company (ABTC) were previously founding members of Tesla Gigafactory Design team that designed, constructed, and operated first battery gigafactory in the world. Experienced first-hand the cha
Slide 5: 3 Independent Challenges to North American Battery Supply Chain
3 INDEPENDENT CHALLENGES TO NORTH AMERICAN BATTERY SUPPLY CHAIN Page 5 NASDAQ: ABAT Security of Cost of Environmental Supply Supply Impact of Supply <1% $ OF GLOBAL COST OF BATTERY MANY CONVENTIONAL BATTERY MATERIALS MINERALS HAS SOARED RECYCLING AND MINING PRODUCED BY USA ALONGSIDE SUPPLY PRACTICES
Slide 6: The Solution: Circular and Domestic Battery Materials Supply Chain
THE SOLUTION: CIRCULAR AND DOMESTIC BATTERY MATERIALS SUPPLY CHAIN Page 6 NASDAQ: ABAT 1 A robust and cost-competitive battery recycling industry can close-the-loop and make a meaningful impact on near-term domestic supply 2 However, recycling alone cannot meet growing demand, therefore domestic man
Slide 7: Proliferation of Battery Manufacturing Projects Without Security of Supply
PROLIFERATION OF BATTERY MANUFACTURING PROJECTS WITHOUT SECURITY OF SUPPLY Page 7 NASDAQ: ABAT More than 20 Gigafactories under construction with significant cathode manufacturing investments Cathode Company factory announcements 20+ Existing and announced Gigafactories (>1GWh) ~$2bn ~$1bn ~$3bn ~$1
Slide 8: Market for Battery Metals: Large with Accelerating Growth
MARKET FOR BATTERY METALS: LARGE WITH ACCELERATING GROWTH Page 8 NASDAQ: ABAT Global demand for lithium to surpass $150B by 2030 (20%+ CAGR) IRA has created multiple growth accelerants Lithium-Ion Battery Pack Demand Lithium-Ion Battery Demand for Metals Million Metric Tons Demand (GWh) 20 40,000 16
Slide 9: Lithium Supply/Demand Outlook
LITHIUM SUPPLY/DEMAND OUTLOOK Page 9 NASDAQ: ABAT Short-term surplus with long-term large deficits projected Source: Benchmark Mineral Intelligence. Feb. 2023
Slide 10: Forecasted Battery Metals Prices: 2023-2027
FORECASTED BATTERY METALS PRICES: 2023-2027 Page 10 NASDAQ: ABAT While battery metal prices have recently declined, the consensus is for future increases Lithium Hydroxide Price Forecast Source: Wilsons research, Visible Alpha & Consensus Economics. Feb. 2023
Slide 11: ABTC & BASF: North American Corporate Partnership
ABTC & BASF: NORTH AMERICAN CORPORATE PARTNERSHIP Page 12 NASDAQ: ABAT Domestic Closed-Loop Supply Chain Partnership » BASF and its customers deliver waste and end-of-life materials to ABTC » ABTC recycles battery materials, and delivers recycled metal products to BASF and its suppliers » BASF manuf
Slide 12: First-of-Kind, In-House Technology Validation and Investments
FIRST-OF-KIND, IN-HOUSE TECHNOLOGY VALIDATION AND INVESTMENTS Page 13 NASDAQ: ABAT FOUR CONTRACTED U.S. DOE GRANT AWARDS Pilot Demonstrations Commercial-Scale Two Awarded Qualifying Advanced Energy Project $2 M Lithium-Ion $20 M +Seven strategic and Tax Credits program (48C) October 2021 industry pr
Slide 13: First-of-Kind, In-House Technology Validation and Investments
FIRST-OF-KIND, IN-HOUSE TECHNOLOGY VALIDATION AND INVESTMENTS Page 14 NASDAQ: ABAT In October 2022, ABTC was selected for award by DOE for $115M project to construct commercial scale Lithium Hydroxide refinery
Slide 14: Key Investment Highlights
KEY INVESTMENT HIGHLIGHTS Page 12 NASDAQ: ABAT In-House Recycling In-House Claystone LiOH Technology Technology Proprietary Demanufacturing and First-of-Kind, In-House Technology Recovery Technology at Battery Enabling High-Volume, Low-Cost Recycling Plant Lithium Extraction from Claystone US Source
Slide 15: Lithium-Ion Battery Recycling
Lithium-Ion Battery Recycling
Slide 16: Our Integrated Battery Recycling Process
OUR INTEGRATED BATTERY RECYCLING PROCESS Page 16 NASDAQ: ABAT Technological Advantages Technological Advantages Conventional Methods De-Manufacturing Shredding and Pyromet. & & Hydromet. Hydromet. Smelting Specific LOW HIGH HIGH Capex ABTC Commercial Recycling Facility Specific » Commercial-scale ba
Slide 17: Our Integrated Battery Recycling Process
OUR INTEGRATED BATTERY RECYCLING PROCESS Page 17 NASDAQ: ABAT Phase 1 – Complete Phase 2 Structural Automated Materials Selective DeManufacturing Leaching Nickel Sulfate Battery Black Mass Packs/Modules Selective Impurity Dissection Removal Cobalt Sulfate Battery Cells Selective Transition Separatio
Slide 18: Commercial Battery Recycling Facility
COMMERCIAL BATTERY RECYCLING FACILITY Page 18 NASDAQ: ABAT Recycled products manufactured at the ABTC recycling facility near Reno, NV
Slide 19: Feedstock Sourcing
FEEDSTOCK SOURCING Page 19 NASDAQ: ABAT End-of-life batteries will become increasingly important to the supply chain » Significant portion of near-term feedstock will continue to come from process scrap due to initiation of 20+ new cell factories » Continue to source feedstock from strategic partner
Slide 20: Primary Metals Resource Development and Refining
Primary Metals Resource Development and Refining
Slide 21: U.S. Lithium Mineral Overview
U.S. LITHIUM MINERAL OVERVIEW Page 21 NASDAQ: ABAT ABTC has developed first-of-kind technologies on its 517 unpatented lode mining claims covering roughly 10,340 acres near the historic mining town of Tonopah, NV to access lithium from claystone resulting in high-volume, low-cost, and low-environmen
Slide 22: Tonopah Flats Lithium Project
TONOPAH FLATS LITHIUM PROJECT Page 22 NASDAQ: ABAT “RESPEC concludes that the ABTC Tonopah Flats lithium project is one of the largest known lithium projects in the US.”
Slide 23: Lithium Hydroxide Pilot Plant - 2024
LITHIUM HYDROXIDE PILOT PLANT - 2024 Page 23 NASDAQ: ABAT Overview of process Tonopah Flats Lithium ABTC LIOH Pilot Plant Under Construction Project Claystone Beneficiation Selective Leaching Purification Hydroxide Conversion Crystallization Filtration/Drying Battery Grade Lithium Hydroxide
Slide 24: Tonopah Flats Initial Assessment
TONOPAH FLATS INITIAL ASSESSMENT Page 24 NASDAQ: ABAT Project is a long life, low-cost domestic source with highly attractive financials 30K ton/yr LHM $4.4 billion $456 million Production capacity of phase 1 only NPV @10% discount at $31K/ton LHM sold, IRR of 65.8% CapEx: LiOH Refinery >400 years $
Slide 25: Market for Battery Metals: Large with Accelerating Growth
MARKET FOR BATTERY METALS: LARGE WITH ACCELERATING GROWTH Page 25 NASDAQ: ABAT ABTC’s unique technological strengths in both direct mineral extraction and advanced recycling technologies provides a strong foothold in this burgeoning industry Source: BloombergNEF, Financial Times.
Slide 26: ABTC's Strategic Focus
ABTC’S STRATEGIC FOCUS Page 26 NASDAQ: ABAT Focus Target Top Line Priorities » Close the loop to establish › Phase 1: Ramp commercial capacity Recycling circular economy › Phase 2: Hydrometallurgy processing train › Market-paced, co-location exploration » Fill the loop with low-cost and Advance towa
Slide 27: Questions
QUESTIONS Page 27 NASDAQ: ABAT Powering the Future of Sustainable Energy info@batterymetals.com www.americanbatterytechnology.com
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