Northern Graphite Corporation · TSXV:NGC
Northern Graphite — Investor Presentation (June 2025)
42 slides from Northern Graphite's investor presentation, June 2025
Slide 1: Innovation Unleashed
INNOVATION UNLEASHED ADVANCING MINING • POWERING BATTERIES • REDEFINING CARBON TSXV: NGC | OTC: NGPHF | FRA & XSTU: 0NG
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS This presentation may contain forward-looking information and forward-looking statements (collectively, “forward-looking statements”) which relate to future events or future performance and reflect management's expectations and assumptions regarding Northern Graphite Corpo
Slide 3: Cautionary Note to United States Investors Regarding Mineral Resources
CAUTIONARY NOTE TO UNITED STATES INVESTORS REGARDING MINERAL RESOURCES Disclosure regarding mineral resource and mineral reserve estimates included in this presentation were prepared in accordance with National instrument 43-101 - Standards of Disclosure for Mineral Projects (“NI 43-101”). This pres
Slide 4: Northern Graphite Producing Now, A Made in Canada Critical Minerals Solution
NORTHERN GRAPHITE PRODUCING NOW, A MADE IN CANADA CRITICAL MINERALS SOLUTION MITIGATING RISK Delivering immediate production, managing long- term operational risks. $ REVENUE NOW, ENDURING GROWTH Generating revenue while building for sustained growth. 4500 9000 4000 8000 North America’s Only SEAMLES
Slide 5: From Mine to Battery Anode Materials
FROM MINE TO BATTERY ANODE MATERIALS A FULLY-INTEGRATED GLOBAL PLAYER Mine Laboratory Lac-des-Iles, Canada Frankfurt, Germany Mine Project BAM Plant Project Bissett Creek, Canada TBA, France BAM Plant Project Mine (Maintenance) Baie-Comeau, Canada Sales offices Okanjande, Namibia Northern Graphite |
Slide 6: Why Partner With Us?
WHY PARTNER WITH US? FIRST MOVER ADVANTAGE IN MEETING THE WEST'S GROWING GRAPHITE NEEDS micrograph of flake CRITICAL RAW MINE-TO-MARKET TRUSTED PARTNERSHIP MATERIAL SUPPLY • North America’s only graphite • Proven battery-grade graphite from • Decades of world class experience in producer all our m
Slide 7: Global Electrification
GLOBAL ELECTRIFICATION DRIVING THE ENERGY TRANSITION An additional 1,500 GW of storage power is expected to be implemented by 2030* By 2030*, renewable Annual xEV sales energy power is are expected to rise to expected to increase 41M units by 2030* by 5,500 GW Northern Graphite | Corp Slide Deck | J
Slide 8: E-Mobility Driving Battery Market Growth
E-MOBILITY DRIVING BATTERY MARKET GROWTH 5000 Li-ion battery market 4000 Market Size (GWh) CAGR 3000 19% 2000 1000 0 2022 E2023 E2024 E2025 E2026 E2027 E2028 E2029 E2030 Macquarie Research March 2023 Mineral Mass per kWh (kg) Mass per car (kg) Break down of battery minerals Cathode Nickel (Ni) 0.65
Slide 9: Global Graphite Market Expected to Reach More Than 6M Tons Per Year
GLOBAL GRAPHITE MARKET EXPECTED TO REACH MORE THAN 6M TONS PER YEAR 4000 Natural Graphite (kt/a) 3000 CAGR N Natural Graphite Market 8% Batteries 2000 Refractories Foundries Natural graphite demand is Others set to double by 2030, fueled 1000 by battery growth and industrial uses. 0 2022 E2023 E2024
Slide 10: Global Geopolitics: Situation Critical
GLOBAL GEOPOLITICS: SITUATION CRITICAL DIVERSIFICATION KEY TO SUPPLY CHAIN RESILIENCE Trade Barriers Significant risks to global graphite supply China Dominance 1 Supply Chain Vulnerability 80% of natural graphite concentrate 99% of spherical purified graphite (SPG) Exposure to shipping, 97% of natu
Slide 11: Global Graphite Market: Investment Favors Stable Jurisdictions
GLOBAL GRAPHITE MARKET in 1,000 metric tons INVESTMENT FAVORS STABLE JURISDICTIONS 1 10 100 1000 10000 100000 China 1270 Russia 81000 11th Norway Madagascar 89 27000 $ 2nd Mozambique 75 Canada 25000 1st $ South Korea Brazil 68 3rd $ 74000 India 27,8 India China 8600 8th 9th Tanzania 25 18000 20 Braz
Slide 12: Stable Industrial Base & Upside Leverage
STABLE INDUSTRIAL BASE & UPSIDE LEVERAGE A MADE IN CANADA CRITICAL MINERALS SOLUTION UPSIDE LEVERAGE: Massive Growth In The EV Battery Space STABLE INDUSTRIAL BASE: 20% US Market Share +30 years serving over 100 Industrial Clients ©warut - stock.adobe.com Northern Graphite | Corp Slide Deck | June 2
Slide 13: Innovation Unleashed: Advancing Mining
INNOVATION UNLEASHED ADVANCING MINING As the only producing natural graphite company in North America, Northern is focused on becoming one of the first vertically integrated, mine-to-battery materials companies supplying electric vehicle markets in North America and Europe with high-performance carb
Slide 14: Our Strategy
OUR STRATEGY BUILDING A VERTICALLY INTEGRATED MINING COMPANY Path to Off-Take & Market Entry: Establishing off-take agreements (typically 6-12 months) BAM Product Development: R&D and commercialization (typically a 1-year process) BAM Processing & Execution: Advanced planning for processing (typical
Slide 15: Our Commitment
OUR COMMITMENT REDEFINING GRAPHITE WITH UNIQUE & AMBITIOUS ESG GOALS PARTNERING SUSTAINABLE LOCALLY MINING Stronger together - Focusing on long-term building local partnerships responsibility by using with First Nations focus solar energy & hydropower INCLUSION, EQUITY HEALTH & DECARBONIZING & DIVER
Slide 16: Growing Production
GROWING PRODUCTION NEAR TERM ORGANIC GROWTH TARGETING PRODUCTION OF 100,00 TPY WITH MORE THAN 3.29 MT OF M&I RESOURCE AND POTENTIAL TO GROW LAC DES ILES, CANADA OKANJANDE, NAMIBIA BISSETT CREEK, CANADA 25,000 TPY 31,000 TPY IN PHASE I 44,000 TPY IN PHASE I • North America’s only producing • Past pro
Slide 17: Lac des Iles (LDI)
LAC DES ILES (LDI) NORTH AMERICA’S ONLY PRODUCING GRAPHITE MINE Status Discovery Start of Operation Future Operating Mine History 1980 1990 1992 2025 20xx 35 years Quality Fully Permitted Operating Today Proven Graphite Production Operation Nameplate Capacity 25 kt 20°35'58.1"S Measured and 16°37'23
Slide 18: Lac des Iles (LDI)
LAC DES ILES (LDI) NORTH AMERICAS ONLY PRODUCING NATURAL GRAPHITE MINE PRODUCING ASSET PROVEN VALUE PATH FORWARD • Currently producing 10-15,000 tpy • Battery-grade graphite • Pursuing C$10M pit extension of graphite concentrate • Established customer base • Low-cost, timely expansion to meet • N
Slide 19: Okanjande
OKANJANDE NEAR-TERM, LOW-COST PRODUCTION POTENTIAL 20 MW Power Discovery Start of Operation Re-start Planned Mine History On-site Solar Power Field 1990 1993 2017 2025 2027 Secured Supply Water Deposit Study Care & Maintenance via Eastern National Water Canal Operation Planned Annual Capacity 31 kt
Slide 20: Okanjande Project
OKANJANDE PROJECT NATURAL GRAPHITE MINING PROJECT IN NAMIBIA QUALITY LOCATION PROVEN VALUE PATH FORWARD • Located in Namibia, one of Africa’s • Fully permitted, former producing • One year to restart from finest mining jurisdictions mine (2017-2018) construction decision • Close to Road and Rail •
Slide 21: Bissett Creek
BISSETT CREEK POTENTIAL TO GROW IN NORTH AMERICA Advanced Status Discovery Expansion PEA Future Mine History Permitting 1980 1989 2013 2027 20xx Our duty Favorable Feasibility Study Planned Start ESG Profile Operation Planned Annual Capacity 44 kt 46°08'12.1"N Measured and 78°03'19.4"W 0 500 1000 15
Slide 22: Bissett Creek Project
BISSET CREEK PROJECT LARGE NATURAL GRAPHITE MINING PROJECT IN ONTARIO QUALITY LOCATION PROVEN VALUE PATH FORWARD • Located in Ontario, 15 km from • Battery-grade graphite • Staged, two-phase development Trans-Canada highway • Permitting well advanced, to sync with market demand • Five hours by ro
Slide 23: Innovation Unleashed: Powering Batteries
INNOVATION UNLEASHED POWERING BATTERIES In a world where electrification will underpin energy security, we are helping to deliver sustainable energy for a cleaner tomorrow, with high-performance Battery Anode Material, the largest mineral component of Lithium-Ion batteries. Our mines and planned BAM
Slide 24: From Mine to Battery-Ready Graphite
FROM MINE TO BATTERY-READY GRAPHITE VERTICAL INTEGRATION OF NATURAL GRAPHITE MINE & PROCESSING MILLING & SHAPING PURIFICATION COATING BATTERY TESTING Industry example Industry example Industry example NAMIBIA / CANADA NAMIBIA / CANADA EUROPE / CANADA EUROPE / CANADA GERMANY COATED NATURAL SPHERICAL
Slide 25: Baie-Comeau Planned Battery Anode Material Plant
BAIE-COMEAU PLANNED BATTERY ANODE MATERIAL PLANT Start of Expansion Land Awaiting Status Construction Potential Plant Timeline Secured Power Allocation 2023 2025 2026 2027 20xx Port Location Deepwater Feasibility Study Start of Operation Connecting Canada to the World 20k tpy Land Plot 1.2M m² 5.4 G
Slide 26: Baie-Comeau
BAIE-COMEAU DEVELOPING A GATEWAY TO GLOBAL BATTERY MARKETS UNIQUE POSITION PROVEN VALUE PATH FORWARD • Strategically positioned to supply • Access to affordable, green, • Greenfield and Brownfield sites under premium, sustainable graphite hydroelectric power consideration in port industrial zone •
Slide 27: France BAM Project
FRANCE BAM PROJECT "STRATEGIC STATUS" UNDER CRITICAL RAW MATERIALS ACT France Battery Anode Material Plant Germany Engineering Battery Testing Location Feasibility Start of Strategic Proximity to Market Plant Timeline Scouting Study Operation EU Gigafactories 2024 2025 2025 2026 2028 Port Location I
Slide 28: France BAM Plant
FRANCE BAM PLANT DESIGNATED "STRATEGIC" CRITICAL RAW MATERIAL PROJECT France Battery Anode Material Plant • Strategic Project Status Facilitates: o Fast-tracked permitting o Access to financing and off-take support o Enhanced visibility • Estimated Investment of €159M: o 20,000 tpy Phase I productio
Slide 29: Innovation Unleashed: Redefining Carbon
INNOVATION UNLEASHED REDEFINING CARBON We are driving innovation for the next generation of energy-efficient, long-lasting batteries. Our strategy is to become a vertically integrated mine-to-market company meeting the growing needs of the North American and European market, from flake graphite for
Slide 30: Core Development Capabilities
CORE DEVELOPMENT CAPABILITIES COMPREHENSIVE ANALYTICS FOR ENERGY STORAGE MATERIALS PARTICLE SIZE ELECTRODE By laser diffraction particle PREPARATION size & distribution can be Optimized slurry blending measured for quality for high-quality coatings control and battery cells SPECIFIC SURFACE ELECTROD
Slide 31: Next Generation Carbons
NGF: NEXT GENERATION CARBONS A highly purified natural flake DRIVEN BY OUR CARBON EXPERTISE graphite SPG: A highly purified and spherical shaped natural graphite BAM: A highly purified, shaped and coated natural graphite Battery Anode Material Tap Density Tunable particle Optimized carbon Engineered
Slide 32: Unlocking the Potential of Natural Flake Graphite
UNLOCKING THE POTENTIAL OF NATURAL FLAKE GRAPHITE VERSATILE APPLICATIONS ACROSS INDUSTRIES We plan to generate $27M annual revenue by 2029 Flake graphite, Industrial applications mined from metamorphic rocks, include refractories, foundries, refined into various mesh sizes friction products, lubrica
Slide 33: Spherical Purified Graphite for Energy Storage
SPHERICAL PURIFIED GRAPHITE FOR ENERGY STORAGE COST-EFFECTIVE SOLUTIONS FOR CONSUMER ELECTRONICS We plan to generate $130M annual revenue by 2029 Spherical Purified Used for cost-efficient batteries for applications like common consumer Graphite is a high-purity electronics form of natural graphite,
Slide 34: Natural Graphite: A Key Material for Battery Anodes
NATURAL GRAPHITE: A KEY MATERIAL FOR BATTERY ANODES CRITICAL COMPONENT FOR LITHIUM-ION BATTERIES We plan to generate $370M annual revenue by 2029 Battery Anode Used in battery anodes Material made from for fast-charging EVs and proven, battery-grade natural graphite stationary storage for renewable
Slide 35: Our Value Proposition
NORTHERN GRAPHITE OUR VALUE PROPOSITION As North America's only natural graphite producer, we are leveraging our First Mover Advantage to help drive toward a cleaner, electric future by delivering high-quality, ethically- and sustainably-mined graphite to for industrial uses that are critical to eco
Slide 36: Working Together Now to Enable a Greener Tomorrow
WORKING TOGETHER NOW TO ENABLE A GREENER TOMMOROW OUR COMMITMENT CARE Our people, Our communities, Our customers, Our World. We are not doing this alone, we are part of the solution. COLLABORATE CREATE The change starts now, we are not waiting but improving every day, for us and for our children. We
Slide 37: Experienced Leadership
EXPERIENCED LEADERSHIP GLOBAL GRAPHITE INDUSTRY & MINING EXPERTISE HUGUES JACQUEMIN NIALL MOORE MAXIMILIAN MEIER DAVE MARSH MICHAEL GRIMM CEO & Board Director Interim CFO COO CTO CCO & President of NGC BM • 30+ years of leadership in • Appointed interim CFO on • Leads global manufacturing • 40+ ye
Slide 38: Experienced Board
EXPERIENCED BOARD GLOBAL MINING & INDUSTRY EXPERTISE GREG BOWES CAM BIRGE SAMANTHA ESPLEY FRANK O’BRIEN- HUGUES JACQUEMIN BERNINI Chairman Director Director Director CEO & Board Director • Founder and former CEO of • Founder and former CEO of • 30+ years in mining with • 38+ years of executive •
Slide 39: Road to Full Mine-to-Battery Capabilities
ROAD TO FULL MINE-TO-BATTERY CAPABILITIES MAJOR MILESTONES • Targeting BAM output in Canada ✓ LDI Resource Estimate, Adds ~ 8 • LDI and Okanjande at nameplate and Europe Years Mine Life • New Production from extended Capacity • Targeting Mine Output in Canada ✓ LDI Phase II Exploration LDI Pit • Tar
Slide 40: Capital Structure
CAPITAL STRUCTURE FOCUSED ON CASH MANAGEMENT As at May 31, 2025 Basic Shares Outstanding (1) 133,852,293 Options & Restricted Share Units 13,814,000 Fully-Diluted 147,666,293 Share Price (May 31, 2025) C$0.095 TSX-V NGC OTCQB NGPHF Basic Market Cap C$12.7M FRA & XSTU 0NG (1) includes 5,298,340 Sh
Slide 41: De-Risking Investment in the EV Revolution
INNOVATION UNLEASHED DE-RISKING INVESTMENT IN THE EV REVOLUTION WESTERN FOCUS FIRST MOVER ADVANTAGE MINE-TO-MARKET INTEGRATION • Supply chain security amid • Only producer of natural graphite • Unique vision and value proposition geopolitical uncertainty in North America • North American vertical
Slide 42: Innovation Unleashed
INNOVATION UNLEASHED ADVANCING MINING • POWERING BATTERIES • REDEFINING CARBON TSXV: NGC | OTCQB: NGPHF | FRA & XSTU: 0NG INFO@NORTHERNGRAPHITE.COM INFO@NORTHERNGRAPHITE.COM +1 613 271 2124 NORTHERNGRAPHITE.COM NORTHERNGRAPHITE.COM
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