Electra Battery Materials Corp · TSXV:ELBM
Electra Battery Materials — Investor Presentation (January 2022)
21 slides from Electra Battery Materials's investor presentation, January 2022
Slide 1: Investor Presentation – January 2022
Investor Presentation – January 2022
Slide 2: Forward-looking statements
All statements in this presentation other than statements of historical fact constitute “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995, and “forward-looking information” under similar Canadian legislation and are based on the rea
Slide 3: Lithium-ion battery pipeline sufficient to supply more than 9 million EVs per year
3 Lithium-ion battery pipeline sufficient to supply batteries for more than 9 million full-battery electric vehicles per year1 Existing cell plant Future cell plant Pilot cell plant Electra Battery Materials Park 1. Assuming average vehicle pack size of 67kWh (2021 YTD average in North American mark
Slide 4: First Cobalt Corp. to Electra Battery Materials Corp.
First Cobalt Corp. Electra Battery Materials Corp. Cobalt company Battery materials company – Battery grade cobalt sulfate production – Battery grade cobalt sulfate production – Third-party cobalt hydroxide feed – Third-party cobalt hydroxide feed – Iron Creek primary cobalt extraction – Iron Creek
Slide 5: Electra's ambition is to operate in the first four stages of the battery supply chain
Electra’s ambition is to operate in the first four stages of the battery supply chain Primary Recycling Primary PCAM1 CAM2 Cell Electric extraction refining manufacturing manufacturing manufacturing vehicle Primary extraction Recycling Refining PCAM CAM Cells Electric vehicles assembly Selection of
Slide 6: Hydrometallurgical facility with a 10-year operating history
– Hydrometallurgical facility with a 10-year operating history – Only facility of its kind in North America, capable of supplying the electric vehicle market – Located in Ontario, Canada, a location with exceptional infrastructure and labour force in place – Modular design to grow with the EV market
Slide 7: Global battery grade sulfate capacity, 2023
Global battery grade sulfate capacity, 2023 (kt Co) – China dominates global cobalt sulfate production with 80% market share – Finland hosts the only significant cobalt sulfate refining outside Asia – Electra Battery Materials will be the world’s second largest non-Chinese battery grade sulfate refi
Slide 8: Logistics of battery recycling
Logistics of battery recycling + - + - + - + - + - + - + - Pack removed Loaded for transport Transported to Discharged Stored Dismantled from EV recycling facility Source: Electra Battery Materials Hydrometallurgical refining of Black Mass is superior to pyrometallurgy High Alloy Hydro Metals / temp
Slide 9: Highlights
Highlights – Engineering work completed by Hatch and met work by SGS Lakefield – US$3M capex for demonstration plant by building on existing facilities and equipment – Recycling circuit capable of recovering nickel, cobalt, lithium, copper, and graphite – Hydrometallurgical process and hydroelectric
Slide 10: Modular approach
Modular approach – More than 20 potential black mass supply partners Battery Materials Park identified Ontario – Module 1 capable of treating multiple types of black mass – Module 2 expected to treat constant quality stream from cell partner – Further modules will be designed according to black mass
Slide 11: Vertical integration opportunities in North America
Vertical integration opportunities in North America Thompson Nickel Belt Manitoba – Sufficient nickel and cobalt supply potential in North Ungava Peninsula America to fully sustain region’s long-term requirements Quebec Voisey’s Bay Newfoundland – Electra’s Battery Materials Park strategically locat
Slide 12: Battery Materials Park concluded with PCAM production
Battery Materials Park concluded with PCAM production ▪ Sulfate plants constructed at optimal industrial permitting and raw material feed intersect ▪ Precursor plants ‘attracted’ to sulfate location as a result of lower raw material feed costs Battery Materials Park Battery and EV Park ▪ Sulfates ▪
Slide 13: Environmental management and lower emissions
51% lower CO2 emissions1 We take a proactive, risk-based approach to environmental management, with robust measures that help ensure we minimize our environmental impact, while ensuring the viability of the environment for future generations. In line with our overall approach 73% 30% to responsible
Slide 14: North America needs PCAM to support new cell plants
– North America needs precursor cathode active materials (PCAM) to support new cell plants – Electra can deliver this faster than anyone due to: – Existing permitted hydrometallurgical site – 12 months from commercial production – Proximity to nickel feed; established black mass sources – Infrastruc
Slide 15: Appendix
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Slide 16: New models expected to drive strong EV sales in 2022
New models expected to drive strong sales in 2022; battery shortage remains limiting factor Global electric vehicle sales (monthly units)1 700,000 Global annual sales (million units) ▪ Full-year 2020 EV sales surpassed by August 2021. Full-year 2021 600,000 sales likely to reach 5.8-6.4 million unit
Slide 17: EV sales and market penetration to 2030
EV sales to 2030 (million units) EV market penetration to 2030 (%) Global electric vehicle sales are forecast to increase ten-fold from 3.2m Global EV market penetration rates forecast to rise from 4% in 2020 to units in 2020 to 32.2m units in 2030. 30% by 2030. Battery Electric Vehicles (BEV) 32.2
Slide 18: Higher energy density chemistries lead to stronger nickel than cobalt growth
Higher energy density chemistries lead to stronger nickel than cobalt growth Global: Key materials demand from NEV segment, 2018-2021 to September (tonnes)1 Distribution of cell chemistries ▪ Nickel-cobalt bearing lithium-ion batteries remain dominant chemistry ▪ Cobalt demand growth from electric v
Slide 19: Non-cobalt chemistries not viewed as major threat
Non-cobalt chemistries not viewed as major threat – High-nickel NCM batteries forecast to remain dominant – NCM chemistries will continue to contain cobalt – Innovation in nickel-cobalt cells ongoing; energy densities in NCM cells will remain significantly higher than alternative commercial cell che
Slide 20: Research coverage
TSX-V: ELBM; OTCQX: FTSSF Research coverage Share Price (January 4, 2022) $0.32 Target Price 52 Week High $0.46 52 Week low $0.115 Average volume (30-day) 1.35M C$0.75 Capitalization Millions Shares Outstanding 534.3 C$0.70 Options (av $0.33) 15.5 Warrants (av $0.41) 22.9 C$0.80 Fully-Diluted Shares
Slide 21: Questions? Contact us
Questions? Contact us: Investor Relations Christina Lalli clalli@ElectraBMC.com +1.416.900.3891
Electra Battery Materials — Investor Presentation (January 2022) on 6ix