Compass Minerals Intl Inc · NYSE:CMP
Compass Minerals Intl — Compass Minerals International — Fastmarkets Lithium Supply and Battery Raw Materials 2022
13 slides from Compass Minerals Intl's conference presentation, Jun 27, 2022
Slide 1: Compass Minerals Lithium: Adding to Our Essential Minerals Portfolio
COMPASS MINERALS LITHIUM: ADDING TO OUR ESSENTIAL MINERALS PORTFOLIO RYAN BARTLETT, PH.D. SVP Lithium Commercial & Technology FASTMARKETS Lithium Supply and Battery Raw Materials June 27, 2022
Slide 2: Forward-Looking Statements and Other Disclaimers
2 FORWARD-LOOKING STATEMENTS AND OTHER DISCLAIMERS This presentation may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements about the company’s efforts to create a safe and inclusive workplace and t
Slide 3: Focused on sustainability and safety: Compass Minerals at-a-glance
3 Focused on sustainability and safety Our Workforce. We strive to create a safe and inclusive workplace where everyone has a voice and every voice matters Our Communities. We value partnerships with local stakeholders and play an integral role in supporting local economies Our Environment. We are d
Slide 4: Building on our history as an essential minerals company
4 Building on our history as an essential minerals company Utilizing existing infrastructure to enable lithium production Leveraging natural processes for sustainable operations COMPASS MINERALS’ ADVANTAGES Visit compassminerals.com to view the video
Slide 5: Our Lithium Resource
5 OUR LITHIUM RESOURCE The advancement of our lithium project is intended to occur over the course of two distinct development phases. Phase 1, on the east side of the Great Salt Lake, is where much of our existing infrastructure is currently located. Phase 2 will provide the potential to build an a
Slide 6: Sustainable Lithium and Essential Minerals from the Great Salt Lake
6 South Arm North Arm Four rivers feed the Great Salt Lake, carrying lithium and other minerals 1 Over time, brine concentrates in the ponds 3 We plan to ultimately extract and process ~30-40 kMT of LCE per year with direct lithium extraction technology 4 Once lithium is removed, the brine will be f
Slide 7: Rigorous evaluation of DLE technologies to identify the best fit for our brine resource
7 RIGOROUS EVALUATION OF DLE TECHNOLOGIES TO IDENTIFY THE BEST FIT FOR OUR BRINE RESOURCE CONTINUES • Compass Minerals has the advantage to trial multiple DLE technologies to determine the best fit for our resource and our brine • Compass Minerals has assessed five different technologies in the last
Slide 8: Building a team of talent with diverse backgrounds and experience
8 BUILDING A TEAM OF TALENT WITH DIVERSE BACKGROUNDS AND EXPERIENCE Chris Yandell Head of Lithium • <1 year at Compass Minerals • 23 years of experience in chemical engineering, chemical production, and commercial leadership Ryan Bartlett SVP, Lithium Commercial and Technology • 5+ years at Compass
Slide 9: Anticipated Project Timeline & Key Milestones
9 DLE Technology Piloting and Selection 2022 2023 2024 2025 Preliminary Engineering and Project Economics Commercial Strategic Partnerships Start Construction Detailed Engineering Finalize Construction DLE Plant Commissioning Commercial Scale Product Qualification Full Plant Commis
Slide 10: Capable and ready to deliver our vision
10 We anticipate a lower emissions footprint compared to other projects because we use brine that is already being processed We expect to be cost competitive due to synergy with existing operations As a long-standing, engaged operator on the Great Salt Lake, we have strong working relationships with
Slide 11: Thank You
THANK YOU COMPASSMINERALS.COM
Slide 12: Appendix
APPENDIX
Slide 13: Reconciliation of Non-GAAP Information
13 RECONCILIATION OF NON-GAAP INFORMATION Reconciliation for EBITDA and Adjusted EBITDA (unaudited, in millions) Nine months ended Sept. 30, 2021 2020 Net (loss) earnings from continuing operations $ 20.9 $ 27.9 Interest expense 44.3 47.2 Income tax (benefit) expense 14.2 10.3 Depreciation, depletio
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