Lomiko Metals — Investor Presentation (March 2024)
21 slides from Lomiko Metals's investor presentation, March 2024
Slide 1: A responsible developer of choice in Quebec, Canada
A responsible developer of choice in Quebec, Canada A partner of excellence in North America for a shared climate success story March 2024
Slide 2: Disclaimer
DISCLAIMER This presentation is not a prospectus, offering memorandum or an advertisement and is being provided for information purposes only and does not constitute or form part of, and should not be construed as, an offer or invitation to sell or any solicitation of any offer to purchase or subscr
Slide 3: Land Acknowledgement
Land Acknowledgement We would like to begin by acknowledging that the land/projects where we operate are located within the traditional land of the Algonquin Anishnaabeg and Cree Eeyou Istchee Peoples. Our vision is to embrace Indigenous people and Indigenous values within our projects to develop a
Slide 4: The Lomiko Advantage
The Lomiko Advantage Strong fundamentals for anode Projected massive growth in All current battery technology uses graphite and carbon neutral domestic Domestic graphite graphite will be considered premium • Global graphite demand growth of product, EV growth exploding over long 30% to 40% year term
Slide 5: Lomiko collaborations
LOMIKO Lomiko collaborations Investissement € Inve = Québec LS CO ( ec { | ) International C RITM Neovation naninctl presenta. Femina Collective SOMUEM ._.. Canada ECOLOGO rE . National Research Sri°he) UNIVERSITE Council Canada ofa LAVAL Conseil national de recherches Canada eee S EVALUATED: NRC-IR
Slide 6: Supply Chain Dynamics and Market for Graphite
Supply Chain Dynamics and Market for Graphite 6
Slide 7: The US DOE: natural flake graphite is critical
The US DOE: natural flake graphite is critical Key facts • US 100% import dependent on graphite • In assessing the criticality of 22 highlighted materials, the DOE has put graphite at the top of its list • The China export restrictions magnify criticality • Criticality is deemed as 1) impact of supp
Slide 8: The EV market is in high growth mode
The EV market is in high growth mode • International Energy Agency (IEA): the number of electric cars, vans, trucks and buses on roads is forecast to grow from 11M in 2020 to 145M by 2030 (Right) – a 10x multuple • In 2022, China accounted for over 50% of all EVs on the road (13.8M of 26M globally)
Slide 9: Graphite shortfall starting in 2023, shortfall to increase to 8Mt by 2040
Graphite shortfall starting in 2023 Shortfall to increase to 8Mt by 2040 Projected Anode Demand (Mt) Graphite Market Balance - Projected Demand and Supply (Mt) 12,000,000 9,000,000 8,000,000 10,000,000 7,000,000 6,000,000 8,000,000 La Loutre 5,000,000 Projected start 4,000,000 6,000,000 3,000,000 4,
Slide 10: La Loutre Graphite Project
La Loutre Graphite Project 10
Slide 11: La Loutre graphite project advantages close to infrastructure with great geological setting
La Loutre graphite project advantages close to infrastructure with great geological setting ✓ 50% complete Preliminary Feasibility Studies (“PFS”) Phase I complete ✓ Low AISC: US$406/t operating cost (PEA) high operating leverage with basket con pricing La Loutre Graphite Project exceeding $1,500 to
Slide 12: Achieving 184% Increase in Tonnage Indicated Mineral Resources
Achieving 184% Increase in Tonnage Indicated Mineral Resources La Loutre Resource Estimate (Effective Date: March 31, 2023) - PFS Source: InnovExplo March 2023 2023 MRE 2021 MRE Deposit EV Battery TOTAL EV Battery TOTAL Cut-off (%) Cg 1.5 1.5 1.5 1.5 1.5 1.5 Indicated Tonnage (kt) 24,267 40,429 64,6
Slide 13: NPV scenario analysis: Positively leveraged to expected graphite price increases
NPV scenario analysis: Positively leveraged to expected graphite price increases • PEA used a graphite concentrate selling price of US $916/t • The current forecast selling price for +94%Cg is US $1,070/t of graphite concentrate (source: Benchmark / Lone Star) • Current public information by graphit
Slide 14: Met Studies
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Slide 15: SGS Characterization Study, 2023: 70% fines content in the flotation concentrate
SGS Characterization Study, 2023 70% fines content in the flotation concentrate • La Loutre flake distribution is ~70% fines - suitable for anode market 37% growth year over year! • -100 mesh is used most commonly in SPG (spherical graphite) as a precursor for battery production Size Fraction Analys
Slide 16: La Loutre half-cell battery testing surpassed commercial graphite results
La Loutre half-cell battery testing surpassed commercial graphite results ✓ Demonstrated that La Loutre material is suitable for battery applications – half-coin battery testing with Polaris Battery Labs, LLC, USA, is demonstrating higher reversible capacity compared to commercially available graphi
Slide 17: La Loutre Global Advantage
La Loutre Global Advantage 17
Slide 18: CSM Mines, Mining Projects and Mineral Deposits in Québec
CSM Mines, Mining Projects and Mineral Deposits in Québec www.lomiko.com TSXV: LMR OTC: LMRMF FRANKFURT: DH8C 18
Slide 19: Lomiko advantage: Ranked as the seventh biggest deposit worldwide by Mining.COM
Lomiko advantage: Ranked as the seventh biggest deposit worldwide by Mining.COM Source: Company filings 19
Slide 20: Lomiko advantage: Concentrate Grade and NPV/Capex Multiple
Lomiko advantage: Concentrate Grade and NPV/Capex Multiple • Updating the Lomiko PEA for USD $1,500/t Graphite selling price improves on current solid project returns. • The La Loutre project combines high-grade coventrate with compelling economics of a post-tax IRR of 43%, post- tax NPV of $520M, a
Slide 21: For more information
For more information info@lomiko.com Follow us @lomikometals on socials l l l f l