Sherritt International Corporation · TSX:S
Sherritt International — TD Battery Metals Roundtable 2022
11 slides from Sherritt International's conference presentation, Jun 16, 2022
Slide 1: Strategic Metals for an Electric Future
Strategic Metals for an Electric Future TD Battery Metals Roundtable Greg Honig Chief Commercial Officer June 16, 2022
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains certain forward-looking statements. Forward-looking statements can joint venture partners; variability in production at Sherritt’s operations in Cuba; risks associated Corporation. In addition, the Corporation will incur costs in pursuing any par
Slide 3: Battery chemistry driving increased nickel demand
Battery chemistry driving increased nickel demand Nickel Demand (kt) 5,810 845 2,787 567 319 2,378 11% CAGR demand growth in 2,586 1,901 EV batteries through 2040* Dominant 2021 2040 technologies Stainless Battery Other (EV/ESS) High nickel content chemistries will remain EV batteries driving increa
Slide 4: Sherritt's role in the EV supply chain
Sherritt’s role in the EV supply chain Ore Finished Battery Cathodes & Battery packs Electric processing nickel and cobalt precursor cells vehicles HPAL process Intermediate product High purity finished Nickel sulphate is a Batteries are End use determined by produces a undergoes refining nickel and
Slide 5: Sherritt is a dependable producer
Sherritt is a dependable nickel and cobalt producer Moa JV production/NDCC 40 36ktpa Ni + Co average $12 Sherritt has 90+ years of experience in the mining and refining business Volume - Thousand tonnes (100% basis) 35 Nickel Refernce Price/NDCC (US$) $10 30 • Pure play nickel and cobalt company Nic
Slide 6: Sherritt is committed to ESG and responsible production
Sherritt is committed to ESG and responsible production Reduce environmental impact Health and Safety • Achieve net zero greenhouse gas emissions by 2050 • Achieve level A in TSM Climate and • Obtain 15% of energy from renewable sources by 2030 Safety & Health Protocol in Environment all operations
Slide 7: Executing on a low capital intensity expansion strategy
Executing on a low capital intensity expansion strategy Increase mixed sulphides feed for refinery • Reduce carbon intensity through reduced hauling distances Moa – Slurry Preparation Plant Extend mine life beyond 2040 • Complete prior suspended expansion, install and upgrade equipment • Convert res
Slide 8: Sherritt relevance in the nickel market
Sherritt relevance in the nickel market Sherritt is a world leader in the mining and Global Nickel Reserves* hydrometallurgical refining of nickel and cobalt from lateritic ore • Bulk of world’s nickel supply is contained in lateritic deposits • HPAL technology is the main processing route to produc
Slide 9: Looking to make battery metals less carbon intensive
Looking to make battery metals less carbon intensive Reducing current operations carbon footprint CO2 emissions/tonne of Ni* • Investing to improve mining and processing efficiencies 80 • Advancing abatement projects, including renewable energy and 70 carbon capture 60 50 Developing next generation
Slide 10: Sherritt is well positioned to capitalize on battery demand
Sherritt is well positioned to capitalize on battery demand • Strong demand outlook for high purity nickel and cobalt in EV batteries. • Sherritt is a low-cost producer with a long mine life, enabling it to provide stable, long-term supply. • Expansion will deliver meaningful production growth, with
Slide 11: Appendix – Non-GAAP and other financial measures
Appendix – Non-GAAP and other financial measures This presentation references "Net Direct Cash Cost" (NDCC) a non-GAAP financial measure. This measure is incorporated by reference to Sherritt’s Management Discussion and Analysis (MD&A) for the three months and year ended December 31, 2021, dated Feb
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