Slide 1: ASX Release: EU Critical Raw Materials Facility
ASX: EGR ASX: EGR ASX Release / 15 May 2025 Corporate Presentation EU Critical Raw Materials Facility EcoGraf Limited (EcoGraf or the Company) (ASX: EGR; FSE: FMK) is pleased to provide the attached corporate presentation. The presentation was at the EU Priority Projects Showcase which was organised
Slide 2: Corporate Presentation - EIT Raw Material Summit, Brussels
For personal use only Corporate Presentation A Joint Event by the European Commission and the Critical Raw Materials Facility EIT Raw Material Summit Brussels 14th May 2025
Slide 3: Disclaimer
Disclaimer Securities Disclaimer information compiled by Mr. David Williams and Mr. David Drabble. Mr. David Williams is a full-time employee of ERM and is a Member of the Australian Institute of Geoscientists (#4176)(RPGeo). Mr. For personal use only This document is for informational purposes only
Slide 4: Our business
Our business Building a vertically integrated battery anode materials business to produce high purity graphite products for the lithium-ion battery and advanced manufacturing markets For personal use only EcoGraf Vertically Integrated Battery Anode Materials Business Epanko Graphite Mechanical Shapi
Slide 5: Corporate snapshot
Corporate snapshot Board & Management Stock Listings Major shareholders3 Robert Pett ASX: EGR FSE: FMK For personal use only Non-Executive Chair Australian Securities Exchange Frankfurt Stock Exchange (Börse Frankfurt) 41.1% Andrew Spinks Managing Director 53.5% John Conidi Purification Anode Non-Ex
Slide 6: Geopolitical drivers for new anode material supply
Geopolitical drivers for new anode material supply GLOBAL MONTHLY EV SALES (‘000 UNITS)1 GLOBAL LEGISLATION For personal use only 2,000 Tariffs, New President Executive Order for CRM’s 1,800 to develop sovereign capability 1,600 The EU Green Deal and Critical Raw Materials Act. 1,400 1,200 Chinese e
Slide 7: Business overview video
Business overview video UPSTREAM Mine and Mineral Processing: For personal use only Natural Flake Graphite Grade: 96-98% C MIDSTREAM Mechanical Shaping: Spherical Graphite (SpG) Grade: 97-99% C DOWNSTREAM EcoGraf HFfree® Purification: Purified SpG Grade: View video: https://tinyurl.com/tmw7f4ps >99.
Slide 8: Upstream Epanko graphite project
UPSTREAM Epanko graphite project KfW IPEX-Bank mandated for UFK Loan UPSTREAM of up to US$105m for development of Epanko For personal use only Mining and Mineral Stage 1 - 73,000tpa of natural flake Processing Facility to graphite Produce Natural Flake Graphite ‘Life of Mine’ Special Mining Lice
Slide 9: 'Life of Mine' SML covers 5.5kms of Epanko deposit
‘Life of Mine’ SML covers 5.5kms of Epanko deposit UPSTREAM For personal use only 8 Refer to ASX announcement “Epanko ‘Life of Mine’ Special Mining Licence Granted”, 4 March 2025
Slide 10: Epanko deposit
Epanko deposit Largest development ready graphite project in Africa UPSTREAM For personal use only Industry-leading 82% of total Ore Reserves classified as Proven, delivering increased confidence on metallurgical factors such as process recoveries, flake size distribution and product grades 9 Refer
Slide 11: Epanko project advantages
Epanko project advantages Key advantages to drive lowest cost feedstock for lithium-ion battery market UPSTREAM TRANSPORT DISTANCE For personal use only 450km TO PORT EPANKO MINE 75km TO RAIL MINERAL RESOURCE ESTIMATE ORE RESERVE ORE RESERVE GRADE AVERAGE THICKNESS 82 8.8% 200 300 21 % 250 200 150 2
Slide 12: Epanko mine layout and overview
Epanko mine layout and overview Extensive engineering studies, drilling and resource evaluation undertaken that’s delivered a new mine design UPSTREAM with oxide first mining strategy For personal use only MINE LAYOUT View of Proposed Mining Operation View flyover video: https://tinyurl.com/yb6w9jwy
Slide 13: Epanko processing plant layout
Epanko processing plant layout Flowsheet design to produce graphite products for industrial and high growth lithium-ion battery markets UPSTREAM PROCESSING PLANT For personal use only View flyover video: https://tinyurl.com/2s47zuz8 12
Slide 14: Epanko project infrastructure for Stage 1
Epanko project infrastructure for Stage 1 - 73,000tpa • Completion of various pre-development programs to UPSTREAM support lender due diligence processes For personal use only • Process flowsheet based on rigorous testing • Knight Piésold completed studies to ensure Tailing Storage Facility (TSF) an
Slide 15: Government support for the mining sector
Government support for the mining sector TANZANIA'S MINING SECTOR: A BEACON OF GROWTH AND SUSTAINABILITY UPSTREAM For personal use only President Samia Suluhu Hassan is promoting mining in Tanzania by strengthening legal frameworks, encouraging foreign investment, and supporting local participation
Slide 16: New Tanzanian infrastructure supporting Epanko
New Tanzanian infrastructure supporting Epanko Ifakara Substation UPSTREAM For personal use only Funded through the European Union to support new business in the region. Julius Nyerere Hydropower Great Ruaha EU funded: Station US$10 million Bridge Providing low-cost, Improving the renewable power El
Slide 17: ESG contribution to Tanzania
ESG contribution to Tanzania Economic growth Uplifting UPSTREAM Community For personal use only Direct contribution to the economy through procurement of goods and services, employment, royalties, taxes and dividends. Positive Impact Multiplier effect Transformational with an estimated Employment in
Slide 18: Infrastructure
Infrastructure POWER Julius Nyere Hydroelectric Ifakara Substation – EU Funded Power Project UPSTREAM • Epanko Project Stage 1 - 2.8MW power requirement For personal use only • TANESCO Ifakara substation funded by EU and opened 2024 • Finalising power supply agreement with TANESCO to connect 33kV Ep
Slide 19: Corporate commitment to leading ESG standards
Corporate commitment to leading ESG standards UPSTREAM Developing Epanko in compliance with the highest standards IFC Performance For personal use only Standards (“IFC PS”) • Equator Principles IV (“EP IV”) • Global Industry Standard on Tailings Management (“GISTM”) • Sustainable Development Goals (
Slide 20: Mechanical shaping facility
MIDSTREAM Mechanical shaping facility Positioning to be first value- addition development that supports Tanzanian For personal use only Mechanical shaping of Governments ‘Vision 2030’ natural flake graphite to produce Spherical value-addition strategy MIDSTREAM Graphite (SpG) • Ifakara identified as
Slide 21: Mechanical shaping facility design
Mechanical shaping facility design MICRONISING AND SPHERONISING PLANT LAYOUT Independent engineering study completed for 20,000tpa For personal use only Stage 1 Facility Cost US$58.6m Operating Cost US$419/t MIDSTREAM Next steps • Secure conditional financing arrangements • Finalise offtake agreemen
Slide 22: Beyond mineral value addition
Beyond mineral value addition Positive discussion with European Union (EU) Tanzanian delegation supporting the Midstream and Downstream development For personal use only • Discussion with EU financing parties Evaluation of new Local Tanzanian Industries MIDSTREAM • Pursuing programs to support furth
Slide 23: EcoGraf HFfree purification facilities
DOWNSTREAM EcoGraf HFfree® purification facilities Global expansion driven by EV demand and legislation to encourage new and sustainable critical mineral For personal use only EcoGraf HFfree® supply chains Purification of SpG to produce purified SpG • Product qualification facility (PQF) successfull
Slide 24: Product Qualification Facility
Product Qualification Facility For personal use only DOWNSTREAM 23
Slide 25: Product Qualification Facility (PQF)
Product Qualification Facility (PQF) PQF piloting facility developed for purification of Spherical Graphite (SpG) For personal use only Confirmation of process technology to support commercial development PQF delivers results meeting the highest customer specifications for purified SpG 4N achi
Slide 26: EcoGraf HFfree process advantages
EcoGraf HFfree® process advantages For personal use only Low cost Proprietary technology Competitive economics • Europe patent submission compared to the other • U.S. Patent granted No. 11,702342. purification methods • Australia Patent granted No. 2022387279 Why Eco-friendly Minimum impurities DOWN
Slide 27: EcoGraf HFfree purification cost advantage
EcoGraf HFfree® purification cost advantage • Cost comparison conducted by global engineering & construction consultancy, comparing EcoGraf HFfree® purification vs three other Cost advantage technologies in use based on a 25,000tpa reference base For personal use only confirmed via • EcoGraf HFfree®
Slide 28: Anode recycling
RECYCLE Anode recycling EcoGraf HFfree® purification supports closed loop recycling For personal use only EcoGraf HFfree® and battery circular economy purification technology applied to support anode recycling 1 Production Anode Electrode 2 Leached Black Mass Priorities 2 Testwork programs with feed
Slide 29: Competitive cost advantages
Competitive cost advantages EcoGraf Vertically Integrated Battery Anode Materials Business For personal use only Epanko Graphite Mechanical Shaping Purification Anode Project Facility Facilities Recycling UPSTREAM MIDSTREA M DOWNSTREAM RECYCLING High Ore Grade High Yields Low Cost Chemicals
Slide 30: PreIWD supported by EcoGraf
PreIWD supported by EcoGraf For personal use only Leading with strong ESG and CSR to benefit all key stakeholders 29
Slide 31: The future is electric with EcoGraf HFfree purification
The future is electric with For personal use only EcoGraf HFfree® purification 18 Richardson Street, West Perth WA 6005 and Tanzanian graphite info@ecograf.com.au www.ecograf.com.au ASX: EGR FSE: FMK EcoGraf Limited @EcoGraf EcoGraf Limited Subscribe for EcoGraf latest news and investor updates