Ballard Power Systems Inc. · TSX:BLDP
Ballard Power Systems — Anglo American Platinum — Ballard Analyst Day 2015
18 slides from Ballard Power Systems's conference presentation, October 2015
Slide 1: Fuel cell market development: A long term play
Fuel cell market development: A long term play Ballard Analyst Day October 2015 Andrew Hinkly Executive Head of Marketing, Anglo American Platinum 1
Slide 2: Cautionary statement
PLATINUM Cautionary statement 2
Slide 3: Agenda
PLATINUM Agenda 1 Developing markets for our metals 2 Fuel cells: A long term play with significant upside for platinum 3 Our investment approach: Ballard Case Study 3
Slide 4: Anglo American Platinum is a leading producer of primary platinum and other PGMs
PLATINUM Anglo American Platinum Limited (AAPL) is a leading producer of primary platinum and other Platinum Group Metals (PGMs) We mine, refine & market We account for ~26%1 of Our metals are widely used in Platinum Group Metals (PGMs) global refined platinum supply Industrial applications 63% Refi
Slide 5: We're proactive in developing the market for our metals
PLATINUM We’re proactive in developing the market for our metals and focus on developing sustainable demand in price-inelastic markets 1 Investment demand Grow investment demand via the World Platinum Investment Council (WPIC) which will promote Pt as an investment product Three key 2 Jewellery dema
Slide 6: We invest in opportunities across product lifecycle & geography
PLATINUM We invest in opportunities across product lifecycle & geography Overview of our existing market development activities FC : Fuel cell Fuel cell related programme Direct into Indirect investment and/or Investment universities/ Direct investment Equity investment advocacy programmes, leveragi
Slide 7: Agenda
PLATINUM Agenda 1 Developing markets for our metals 2 Fuel cells: A long term play with significant upside for platinum 3 Our investment approach: Ballard Case Study 7
Slide 8: Global macro trends are driving decarbonisation of the automotive power train
PLATINUM Global macro trends are driving the decarbonisation of the automotive power train and wider energy system EU targeting CO2 To meet EU target, road transport This is possible only if reduction of 80% by 2050 must achieve 95% decarbonisation electric vehicles are part of the mix EU-27 total G
Slide 9: The rate of fuel cell adoption can have a significant impact on Pt demand
PLATINUM The rate of fuel cell adoption can have a significant impact on Pt demand in the medium-long term In a 100M units …even a small … creates a automotive market by 2020… share of FCEVs… sizeable Pt demand Global automotive production volume Market share of # of FCEV Global Pt % of current (mil
Slide 10: Stationary fuel cells are an important precursor to stimulate the industry
PLATINUM In addition to automotive fuel cells, stationary fuel cells are an important precursor to stimulate the industry To date stationary applications have Automotive use the biggest opportunity for dominated fuel cell shipments… growth and overall Pt demand from fuel cells Fuel cell shipments 20
Slide 11: Existing investments address the adoption barriers faced by fuel cell electric vehicles
PLATINUM Existing investments work towards addressing the adoption barriers faced by fuel cell electric vehicles There are three main barriers to the adoption of FCEVs… 1 Cost competitiveness 2 Consumer acceptance 3 Infrastructure accessibility • Build one new hydrogen fuel station in/near central L
Slide 12: Smartphones and e-hailing apps open up innovative market development opportunities
PLATINUM Example Smartphones and the advent of “e-hailing” apps open up innovative market development opportunities Today, there are a number of These platforms can be leveraged to deploy FCEVs in key markets in a e-hailing platforms available cost effective, high impact way Leveraging e-hailing pla
Slide 13: Agenda
PLATINUM Agenda 1 Developing markets for our metals 2 Fuel cells: A long term play with significant upside for platinum 3 Our investment approach: Ballard Case Study 13
Slide 14: Equity investment approach: Direct investment in promising technologies
PLATINUM Equity investment approach: Direct investment in promising technologies that create or facilitate demand for PGMs - Strategic investment in technologies that Deals assessed for financial Investment attractiveness and strategic fit along key metrics create or facilitate the demand for PGMs f
Slide 15: We invest where we can support both supply & demand side
PLATINUM Example We invest where we can support both on the supply & demand side • March 2013: Anglo American invests $4,000,000 in Ballard in the form of a convertible promissory note to support Background continued development and commercial advancement of Ballard’s fuel cell products. A portion o
Slide 16: World's first fuel cell mini-grid for rural electrification powering 34 households
PLATINUM Example Anglo American, in partnership with Ballard has designed and installed the world’s first fuel cell mini-grid for rural electrification powering 34 households System sufficient power for Mini-grid reticulation to lighting, cooking, refrigeration, 34 households, incl. charging electro
Slide 17: Partnering for success
PLATINUM Partnering for success 1 • Anglo American Platinum has been investing in market development since 2009 We proactively • Our market development funding is focused on stimulating demand from jewellery, investment and develop industrial applications markets for our • We have a specific interes
Slide 18: Contact us
PLATINUM Contact us Andrew Andrew Hinkly Hinkly Kleantha Pillay Executive Head of Marketing Head of Market Development Anglo American Platinum Precious Metals andrew.hinkly@angloamerican.com kleantha.pillay@angloamerican.com (T) +44 20 79681485 (T) +27 (0) 11 373 6137 Anglo American Platinum Limited