Electra Battery Materials Corp · TSXV:ELBM
Electra Battery Materials — Shareholder Meeting (August 2024)
17 slides from Electra Battery Materials's shareholder meeting presentation, Aug 13, 2024
Slide 1: Driving the Battery Industry
Driving the Battery Industry The North American Supply Chain August 13, 2024
Slide 2: Forward looking statements
Forward looking statements This presentation includes certain “forward-looking information” within the meaning of Canadian securities legislation and “forward-looking statements” within the meaning of U.S. securities legislation (collectively “forward-looking statements”). Forward-looking statements
Slide 3: Cobalt prices near record lows
Cobalt prices near record lows Cobalt metal price (US$/lb, real 2024 terms) Cobalt prices at multi-year lows 38.8 Chinese overcapacity (cannot solve 30.2 27.9 U.S. strategic supply woes) 24.0 20.1 North American industrial cobalt 16.6 17.0 17.1 15.6 15.1 15.6 sulfate capacity remains at zero 12.0 Gl
Slide 4: Electric vehicle still booming for most US automakers
Electric vehicle still booming for most US automakers BNEF outlook for global passenger Six of top 10 US automakers saw vehicle sales by drivetrain growth of +50% in 1Q24 Source: Blomberg NEF, Bloomberg Green, Cox Automotive 4
Slide 5: The North American alternative to Chinese-refined supply
The North American alternative to Chinese-refined supply China produces ~94% of the world’s cobalt sulfate* North American OEMs & End Users China 77% of the world’s cobalt is mined in the DRC *Benchmark Mineral Intelligence 2024
Slide 6: Building a North American supply as gigafactories increase demand
Building a North American supply as gigafactories increase demand Global battery grade sulfate capacity (2023) against planned North American battery gigafactory cobalt demand (t Co) o Finland hosts the only significant cobalt sulfate 181,475 refining outside of Asia +10,060 2030 o most is consumed
Slide 7: Partnerships in onshoring North American supply
Partnerships in onshoring North American supply 7
Slide 8: Refinery construction ready for completion
Refinery construction ready for completion US$250M 600+ acres 100+ years replacement value of land asset life 8
Slide 9: Battery Recycling
Battery Recycling OPERATING PLANT SCALE REFINERY ON A DEMONSTRATION BASIS SINCE JANUARY 2023
Slide 10: Positioned to close the loop in North America
Positioned to close the loop in North America Year-long demonstration process has successfully proven capable of producing saleable materials from Black Mass Black Mass is produced when batteries reach the end of their useful life, or as waste from battery manufacturing process 10
Slide 11: First hydromet battery recycling in North America
First hydromet battery recycling in North America Hydrometallurgical process and hydroelectric power ensures low GHG emissions Recovers lithium, nickel, cobalt, manganese, and graphite Commercial scale hydrometallurgical demonstration plant operated throughout 2023 Received C$5M Government funding i
Slide 12: Successful separation of Black Mass
Successful separation of Black Mass ~95% of value ~35% of volume Black mass Nickel and cobalt in MHP Lithium carbonate Graphite First recovery of nickel-cobalt MHP and lithium carbonate through hydrometallurgical process in North America 12
Slide 13: Our pre-processing strategy
Our pre-processing strategy LEGEND o First wave of battery scrap will come from cell Gigafactories plants and manufacturing Cities CANADA Smaller Market o Partnership with some of these North American Moosonee Road facilities could create a closed loop Rail Lines o Electra announced joint-venture pl
Slide 14: Supply chain capacity growth planned alongside the battery market
Supply chain capacity growth planned alongside the battery market Ontario Ontario Refinery North American Recycling Bécancour Refinery Expansion Nickel Battery grade cobalt Battery grade cobalt Lithium-ion battery Battery grade Battery grade nickel sulfate refinery sulfate refinery hydrometallurgica
Slide 15: Upcoming catalysts
Upcoming catalysts Funding to complete construction of Ontario Refinery Progressing battery recycling program Advancing construction Evolving partnership with Three Fires Group on closed- loop recycling program 15
Slide 16: Questions?
a: ions Quest Electra NASDAQ: EBM TSK.VELBM
Slide 17: Heather Smiles, VP Investor Relations & Corporate Development
Heather Smiles, VP Investor Relations & Corporate Development Info@ElectraBMC.com +1 416 900 3891
Electra Battery Materials — Shareholder Meeting (August 2024) on 6ix