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 May 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 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 sustainable approach on our path to critical
Slide 4: Sustainability is at the heart of our core values
Sustainability is at the heart of our core values Cindy Valence appointed to Chief Sustainability Officer. Cindy resides in the Laurentides region in Quebec, Canada and has vast experience and applied knowledge of the energy transition sector ❖ Three strategic pillars: 1. Full integration in the bat
Slide 5: La Loutre Graphite Project
LOMIKO METALS. La Loutre Graphite Project
Slide 6: Lomiko is poised to be the responsible developer of choice in the South of Quebec
Lomiko is poised to be the responsible developer of choice in the South of Quebec La Loutre Graphite Project Source: NI 43-101 Technical Report and Preliminary Economic Assessment (July 2021) 6
Slide 7: PEA details dated September 2021
La Loutre PEA details dated September 2021 • Two known deposits currently being explored: EV Carmin Zone and Battery Zone Zone • LOM plant production of 21.8 Mtonnes of mill feed at 6.78% Cg diluted EV Zone • Graphite concentrate production at 1.43 Mtonnes Battery grading 95.0% Cg Zone • 14.7-year m
Slide 8: 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) 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 64,696 8,1
Slide 9: Natural flake graphite is highly amenable product for the EV battery industry
Natural flake graphite is highly amenable product for the EV battery industry Natural Graphite deposits of economic interest are grouped into three main categories • Amorphous (microcrystalline) Cg % - 60 - 99.9 • Vein Graphite (lump and chip) Cg % - 90 - 99.0 • Flake Graphite (crystalline) Cg % - 8
Slide 10: Electric Vehicles Batteries
Electric Vehicles Batteries Tesla plans to replace 18650 with 4680 DBL (dry battery electrode) Raw materials in an electric car battery of 100 kWh, weighing 600kg: • 7 kg of lithium (70g per kWh) • 10 kg of manganese • 11 kg cobalt (4.5kg for 75kWh) • 70 kg of nickel (Ni-Co-Al~ 8:1:1) • 125 kg graph
Slide 11: Extraction of battery minerals is a critical first step in the EV battery supply chain
Extraction of battery minerals is a critical first step in the EV battery supply chain Exploration Studies including PEA, PFS. FS, bulk testing, Permitting Construction 11
Slide 12: Graphite – main component of the anode – negative electrode
Graphite – main component of the anode – negative electrode • The graphite particles are platelet-shaped but need to be shaped into little spheres in order to compact better. • Natural flake graphite, particle size ≤100 mesh (150microns), carbon content of 90%-95% is first upgraded to 98-99%Cg prior
Slide 13: Graphite Met Studies - Summary
La Loutre Graphite Met Studies - Summary ✓ SGS & Metpro Characterization Study, Feb 2023 640kg core sample that was homogenized and used to test the graphite mineralization. Optimization of the flotation circuit resulted in achieving 94.7% recovery and reconciled LCT (Locked Cycle Testing) testing g
Slide 14: Graphite Met Studies - Summary
La Loutre Graphite Met Studies - Summary ✓ Polaris Study Phase 1 & Phase 2, January & April 2024 Polaris tested electrochemical characteristics of cSPG (coated spherical graphite) by subjecting a half- cell coin and a single-layer pouch full-cell batteries demonstrating that La Loutre cSPG quality i
Slide 15: SGS Characterization Study, 2023: 67% fines content in the flotation concentrate
SGS Characterization Study, 2023 67% fines content in the flotation concentrate • La Loutre flake distribution is ~67% 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 metallurgical program 99.99% purified graphite content
La Loutre metallurgical program 99.99% purified graphite content ✓ Completed PFS level met testing and optimized flow sheet ✓ Completed value-added testing with ProGraphite – micronization, spheroidization, and purification: ✓ Proved that La Loutre material is suitable for battery applications - Sph
Slide 17: La Loutre half-cell battery testing surpassed commercial graphite results - Polaris
La Loutre half-cell battery testing surpassed commercial graphite results - Polaris ✓ 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 availa
Slide 18: Single layer pouch full-cell battery testing met and surpassed commercial graphite results - Polaris
La Loutre single layer pouch full-cell battery testing met and surpassed commercial graphite results - Polaris ✓ Demonstrated that La Loutre material is suitable for battery applications – single layer pouch full cell battery testing completed with Polaris Battery Labs, LLC, USA, ✓ The single-layer
Slide 19: Thermal purification and half-cell battery testing surpassed commercial graphite results - NRC
La Loutre thermal purification and half-cell battery testing surpassed commercial graphite results - NRC ✓ NRC Study Phase 1- half-cell coin battery testing demonstrated that La Loutre material is suitable for battery applications – half-coin battery testing with, is demonstrating higher reversible
Slide 20: La Loutre Graphite Project Next Steps
La Loutre Graphite Project Next Steps 20
Slide 21: Summary of DoD Technology Investment Agreement
Summary of DoD Technology Investment Agreement ✓ Award: US$8.35m • The TIA agreement entered into with the DoD is to complete three distinct phases of research and development work with independent experts and consultants over a 5-year period to develop, test and prove a production process from natu
Slide 22: Summary of CMRDD program administered by Natural Resources Canada
Summary of CMRDD program administered by Natural Resources Canada ✓ Award: CA$4.9m • The CMRDD program administered by Natural Resources Canada is to pilot the integrated graphite upgrading process with a 200 mt bulk sample over 3 years for a total contribution agreement of CA$6.6m where Lomiko will
Slide 23: La Loutre Development
La Loutre Development A de-risked path to continued development of this strategic critical mineral asset • The U.S. DoD has provided a grant for 50% of the study costs and NRCan is contributing 75% of the pilot program costs, significantly de-risking the project. Phase Four Construction Phase Three
Slide 24: La Loutre graphite development milestones
La Loutre graphite development milestones • Permitting and capital dependent – 100,000tpa flake concentrate PFS / Includes anode transformation plant at PEA Pilot Plant Testing Feasibility Study Baseline studies EIS/ BAPE/ Permitting Construction Production 2024 2025 2026 2027 2028 2029 24
Slide 25: For more information
For more information info@lomiko.com Follow us @lomikometals on socials l l l f l