Giyani Metals Corp · TSXV:EMM
Giyani Metals — Investor Presentation (March 2025)
24 slides from Giyani Metals's investor presentation, March 2025
Slide 1: Vertically Integrated Developer of Battery Grade Manganese
VERTICALLY INTEGRATED DEVELOPER OF BATTERY GRADE MANGANESE A VITAL COMPONENT FOR WIDESPREAD EV ADOPTION MARCH 2025
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS This presentation is provided solely for information purposes to shareholders and qualified parties and Forward-looking statements in this presentation also include, but are not limited to, statements with does not constitute an offer to sell or solicit an offer to buy any
Slide 3: Vertically Integrated Battery Grade Manganese
VERTICALLY INTEGRATED BATTERY GRADE MANGANESE BOTSWANA: flagship K.Hill asset in a tier 1 jurisdiction assisting in fast-track JURISDICTIONAL GIYANI’S MISSION IS TO BE A ADVANTAGE development with Environmental Authorization, Mining and DOMINANT WESTERN SEZ Licences granted PRODUCER OF BATTERY GRADE
Slide 4: Vertically Integrated: From Mine to Market
VERTICALLY INTEGRATED: FROM MINE TO MARKET 100%-OWNED PROPRIETARY HIGH-PURITY EXTENSIVE PROCESSING TECH BATTERY GRADE MANGANESE FOR MANGANESE ORE HPMSM & HPMO SOURCES OEMs Mining licence, Environmental HPMO production February 2025 Offtake process underway Authorization and SEZ licence granted
Slide 5: Geopolitics, a Key Demand Driver for Western Supply of Critical Minerals
GEOPOLITICS, A KEY DEMAND DRIVER FOR WESTERN SUPPLY OF CRITICAL MINERALS 2023 REFINED METAL OUTPUT FOR TOP 3 PRODUCERS CHINA SHARE U.S. & EU OEMs: supply chain security & ESG Manganese (2) China 91% requirements Nickel China Indonesia 28% Increasing manganese Global supply of Cobalt China 77% conten
Slide 6: Rates of EV Uptake Increasing in West and RoW
RATES OF EV UPTAKE INCREASING IN WEST AND RoW EV CAR SALES (USA & CANADA) EV CAR SALES (EU, EFTA & UK) BEV PASSENGER PENETRATION BEV PASSENGER PENETRATION RATE MANGANESE MANGANESE & LIGHT VEHICLES & LIGHT VEHICLES RATE 7.9m 37% 12.4m 69% 9.0x 6.0x 8% 14% 1.4m 2.1m 2024 2034 2024 2034 2024 2034 2024
Slide 7: Early Mover Advantage Positions Giyani for Demand Increase
EARLY MOVER ADVANTAGE POSITIONS GIYANI FOR DEMAND INCREASE July 2022 November 2022 July 2023 Jan 2024 Sep 2024 Jan 2025 Completion of main Final hydromet test New MRE with 310% US$26m Mining Licence Special hydromet testwork work completed, increase in Indicated secured from received Economic Zone c
Slide 8: Strategy Aligns Giyani with Uptick in Battery-Grade Manganese Demand
STRATEGY ALIGNS GIYANI WITH UPTICK IN BATTERY-GRADE MANGANESE DEMAND STRATEGY 2025 2027/ 2026 2028 HPMSM PRODUCTION PROJECT FINANCING RAMP-UP OF COMMERCIAL FROM DEMO PLANT SECURED PLANT PRODUCTION WITH DFS COMPLETE COMMENCE OPTIONALITY TO PRODUCE CONSTRUCTION OF HPMO AND HPMSM PROJECT FINANCING COMM
Slide 9: Lifecycle Stage – Coming Out of Orphan Period
LIFECYCLE STAGE – COMING OUT OF ORPHAN PERIOD LASSONDE PRE-DISCOVERY DISCOVERY 1 TO 2 YEARS FEASIBILITY 2 TO 3 YEARS DEVELOPMENT 2 YEARS CURVE STAGE 0.9 6.0 0.8 5.0 0.7 0.6 4.0 Volume traded (m) Share price (C$) 0.5 3.0 0.4 0.3 2.0 0.2 1.0 0.1 0 0.0 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Slide 10: Demonstration Plant to Produce HPMSM in Q1 2025
DEMONSTRATION PLANT TO PRODUCE HPMSM IN Q1 2025 • 1:10 engineering scale (versus commercial plant) • Ability to operate continuously and produce 15m / 45ft 8 9 10 consistent specification, high-purity battery-grade manganese significant for offtake testing 7 Enables de-risking of commercial scale
Slide 11: Demo Plant Commissioning Commenced Q4 2024
DEMO PLANT COMMISSIONING COMMENCED Q4 2024 OPTIMIZATION WORK REDUCE REDUCE USE REDUCE CO2 AND 1 OPERATING 2 OF REAGENTS 3 EMISSIONS COSTS FOOTPRINT RESULTS FROM TESTWORK SO FAR HIGH PURITY 99.97% purity achieved at pilot scale CLEAN PRODUCT Key impurities rejected to single-digit ppm levels HPMSM SP
Slide 12: Low Impurity Feedstock for Processing Facilities
LOW IMPURITY FEEDSTOCK FOR PROCESSING FACILITIES LOW IMPURITY, LEACHABLE ORE SOURCES 2023 K.Hill MRE • Giyani has a suite of manganese oxide ore sources in its K.Hill, Otse and Lobatse assets. Grade Classification Tonnage Contained MnO • Oxide deposits have had a greater degree of weathering than (J
Slide 13: Jurisdictional Advantage - Botswana
JURISDICTIONAL ADVANTAGE - BOTSWANA FULLY BENEFICIATED PRODUCT • Giyani has 100% interest in multiple manganese oxide ore sources which can be used to produce HPMSM. • K.Hill is the flagship asset: 2023 PEA Base Case NPV8% of nearly US$1bn(1) with potential to grow resources and reduce operating cos
Slide 14: Scope and Reductions Possible
SCOPE 2 AND 3 REDUCTIONS POSSIBLE GIYANI LCA CARBON EMISSIONS PER TONNE HPMSM SCOPE EMISSION REDUCTION POTENTIAL • Scope 2 emissions are the result of grid energy - 91% fossil fuel based Global warming potential • K.Hill project plans to reduce emissions by incorporating solar power (kg CO2 eq. per
Slide 15: Credible Partner to Develop New Supply Chain
CREDIBLE PARTNER TO DEVELOP NEW SUPPLY CHAIN GIYANI’S MISSION IS TO BE THE DOMINANT WESTERN PRODUCER OF BATTERY GRADE MANGANESE CHEMICALS SECURITY OF SUPPLY CHAIN VERTICALLY INTEGRATED DEMO PLANT RAPID GROWTH IN DEMAND TECHNOLOGICAL OPTIONALITY ) LOW CARBON BATTERY GRADE MATERIAL CATALYSTS OVER NEXT
Slide 16: For More Information
FOR MORE INFORMATION Charles FitzRoy President & CEO Sean Thijsse Head of Corporate Development info@giyanimetals.com @GiyaniMetals Giyani-metals giyanimetals.com
Slide 17: March 2025
17 COMPANY OVERVIEW & BOARD 18 GIYANI ASSETS: HIGH POTENTIAL EXPLORATION PROJECTS 19 EV BATTERY CHEMISTRY SHIFT TO USE MORE MANGANESE 20 SUPPORTIVE JURISDICTION WITH SHORT PERMITTING TIMELINES AND FISCAL TAX BENEFITS 21 RISING USE OF MANGANESE IN CELL TECHNOLOGIES 22 NICKEL AND COBALT CONTENT IS BEI
Slide 18: Company Overview & Board
COMPANY OVERVIEW & BOARD GIYANI’S MISSION IS TO BE THE DOMINANT WESTERN PRODUCER OF BATTERY GRADE MANGANESE CHEMICALS BOARD MARKET CAP CASH C$25m C$13.5m Mark Burnett Charles FitzRoy Stephanie Hart As of 30 September 2024; C$11M of IDC Facility still available Interim Non-Executive Chair Chief Execu
Slide 19: Giyani Assets: High Potential Exploration Projects
GIYANI ASSETS: HIGH POTENTIAL EXPLORATION PROJECTS LOBATSE OTSE • Manganese oxide mineralisation hosted in a siliceous shale • High-grade supergene podiform manganese oxide mineralisation, • Outcropping at surface and dipping at ~30 degrees towards the east with a high manganese to iron ratio of ~8:
Slide 20: EV Battery Chemistry Shift to Use More Manganese
EV BATTERY CHEMISTRY SHIFT TO USE MORE MANGANESE MANGANESE IS AN IMPORTANT ELEMENT IN EV FORECASTS FOR BATTERIES SHOW AN INCREASE IN MANGANESE DEMAND AND ENERGY STORAGE SYSTEMS BATTERIES Forecast 15x Increase in Mn use LMFP 83% 100% GROUPS KEEN TO REDUCE HIGH NI CONTENT IN BATTERIES, AND 90% INCREAS
Slide 21: Supportive Jurisdiction with Short Permitting Timelines and Fiscal Tax Benefits
SUPPORTIVE JURISDICTON WITH SHORT PERMITTING TIMELINES AND FISCAL TAX BENEFITS FRASER INSTITUTE SURVEY 2023 • Botswana is ranked 1st in Africa for Investment 8 Attractiveness UNITED STATES • 1st globally for clarity on Environmental OF AMERICA & CANADA Regulations • 4th globally for Mining Policy Pe
Slide 22: Rising Use of Manganese in Cell Technologies
RISING USE OF MANGANESE IN CELL TECHNOLOGIES 500+ Future Technologies (EV) NCM(A) – NCM/(A) Li+ solid-state Silicone + Solid NCM/(A) State LxFP – Silicone Manganese rich – NMx / NCM/(A) LMNO Li + Solid State CELL ENERGY (Wh/kg) Graphite + LMFP NCM 811 Silicone NCA- 250 Graphite LFP Sodium Ion LMO/NM
Slide 23: Nickel and Cobalt Content Is Being Reduced Due to High Cost, CO2 Content and ESG Concerns
NICKEL AND COBALT CONTENT IS BEING REDUCED DUE TO HIGH COST, CO2 CONTENT AND ESG CONCERNS DRIVERS FOR COST OF COBALT AND NICKEL INFLATION REDUCTION ACT NICKEL AND ESG CONCERNS WITH CO2 CONTENT HIGHER IN BATTERY CHEMICALS AND CRITICAL RAW MINERALS COBALT PRODUCTS FROM DRC, CHINESE PRODUCTS THAN SIGNI
Slide 24: ESG Responsibility Central to Giyani Mindset
ESG RESPONSIBILITY CENTRAL TO GIYANI MINDSET Studies & Licences Approved Giyani HPMSM will have c.30% lower • Giyani received its Environmental Authorization in December 2023, just nine months after submittal in March 2023 to the Botswana Scope 1, 2 and 3 emissions than “Responsibility Chinese produ