Cobalt Blue Holdings Ltd. · ASX:COB
Cobalt Blue — Investor Presentation (February 2023)
21 slides from Cobalt Blue's investor presentation, Feb 27, 2023
Slide 1: Presentation for Live Webinar
Cobalt Blue Holdings Limited ABN 90 614 466 607 Level 17, 100 Miller Street, North Sydney, NSW 2060 www.cobaltblueholdings.com Facebook: www.facebook.com/Cobalt.Blue.Energy/ LinkedIn: www.linkedin.com/company/cobalt-blue-holdings For personal use only 27 February 2023 PRESENTATION FOR LIVE WEBINAR F
Slide 2: Investor Webinar
28 February 2023 For personal use only Investor Webinar
Slide 3: Webinar Agenda
Webinar Agenda For personal use only 1. COB update 2. The cobalt market 3. Developments in NCM and LFP Market Share 4. Influence of the Inflation Reduction Act/ Green Deal Industrial Plan response ASX: COB 2 Source: Cobalt Blue Holdings Limited
Slide 4: Recent Key Milestones
Recent Key Milestones For personal use only 1. Capital raise: Placement and shareholder entitlement raised A$22m. 2. Feasibility Study (FS) progressing: Contracted engineering firms engaged, EIS fieldwork continues. 3. Demonstration Plant: Underground mining and concentrate processing complete. Firs
Slide 5: BHCP: Demonstration Plant - Underground Portal Concentrator Circuit
BHCP: Demonstration Plant For personal use only Underground Portal Concentrator Circuit ASX: COB 4 Source: Cobalt Blue Holdings Limited
Slide 6: BHCP: Demonstration Plant - MHP and Cobalt Sulphate
BHCP: Demonstration Plant For personal use only Horizontal vacuum filter belt & Pressure oxidation leach circuit MHP (30% Co, 7% Ni) & Cobalt Sulphate (20% Co) ASX: COB 5 Source: Cobalt Blue Holdings Limited
Slide 7: Cobalt Prices: Supply outpacing demand
Cobalt Prices: Supply outpacing demand For personal use only $55 Metal (Europe) $55 $50 Hydroxide (China) $50 $45 Sulphate (China) $45 $40 $40 $35 $35 $30 $30 US$/lb Historical Avg Metal Price US$/lb $25 $25 $20 $20 $15 $15 $10 $10 $5 $5 $0 $0 Jan-15 Jan-16 Jan-17 Jan-18 Jan-19 Jan-20 Jan-21 Jan-22
Slide 8: Cobalt Prices: Supply outpacing demand
Cobalt Prices: Supply outpacing demand For personal use only 450 450 Rest of World 400 Australia 400 350 Indonesia 350 DRC 300 300 Demand ‘000 tonnes ‘000 tonnes 250 250 200 200 150 150 100 100 50 50 0 0 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 ASX: COB 7 Sourc
Slide 9: LFP and its future beyond China
For personal use only LFP and its future beyond China Will Roberts 28th February 2023 Copyright Rho Motion 2023, sharing or reproduction is not permitted without permission
Slide 10: LFP share rising, so is cobalt demand
LFP share rising, so is cobalt demand For personal use only Li-ion battery cell chemistry market share Li-ion battery cell chemistry growth vs cobalt demand ASX: COB 9 Source: Rho Motion, Cobalt Blue Holdings Limited
Slide 11: NCM vs LFP Li-ion EV battery cell chemistry market share
NCM vs LFP Li-ion EV battery cell chemistry market share For personal use only Most EV batteries today use one of two types of cathodes: Nickel Cobalt Manganese (NCM) cathodes: Capable of storing more energy Superior life spans Superior thermal stability, thus safer Use costly materials (n
Slide 12: Chemistry deployment varies significantly between regions
Chemistry deployment varies significantly between regions For personal use only Battery demand by region % of EV sales Battery demand chemistry split, 2022 LFP NCA NCM 100 2022 80 60 China North America Europe Other 40 20 2025 0 North America Europe China Global 11 www.RhoMotion.com Copyright Rho Mo
Slide 13: Average pack sizes are smaller for LFP
Average pack sizes are smaller for LFP for nearly every vehicle segment in which it appears For personal use only Average pack size comparison: LFP vs all Chemistries kWh 50 Average LFP Average -16% 40 30 2020 2021 2022 12 www.RhoMotion.com Copyright Rho Motion 2023, sharing or reproduction is not p
Slide 14: LFP penetration in vehicle sales higher than in battery deployment
LFP penetration in vehicle sales is higher than in battery deployment, heavily weighted by China For personal use only Average pack size of LFP above average Average pack size of LFP below average for the region for the region % 100 Penetration rates for EV sales and Battery deployment in EVs, by re
Slide 15: LFP adoption in Europe and North America
LFP adoption in Europe and North America For personal use only 8% 100GWh Nevada Peak North LFP Mach-e Facility – Nickel penetration: 35GWh LFP plant America option 2023 Cells needed for CT and Semi LFP F-150 12-15% Online 2026 option 2024 Potential future LFP – for ESS LFP NCA NCM 27% Peak penetrati
Slide 16: ESS battery demand quickly moving to LFP
ESS Battery demand is ~10-15% relative to the EV market and is quickly moving to LFP For personal use only *Calculations based on 39kWh average pack size NCM BESS Grid & BTM annual installations TWh 1.0 2022 Equivalent to 22 million EVs 0.8 LFP 0.6 LFP Equivalent to 10.5 million EVs 0.4 2020 Equival
Slide 17: LMFP technology spotlight
LMFP technology spotlight For personal use only Next Generation LFP Energy improvements – LFP (left) vs. LMFP (right) • This quarter we have split out LMFP in the cathode 5 5 chemistry forecast on the back of increased Additional steps & potential issues interest and announcements from cell • Nanosi
Slide 18: US Bipartisan Infrastructure Law and Inflation Reduction Act
US Bipartisan Infrastructure Law and Inflation Reduction Act For personal use only 20 companies awarded USD2.8 billion EV purchase price by OEM and IRA eligibility funding from the Infrastructure Law Vehicle price, Based on just the assembly location and vehicle price criteria a majority of EVs on U
Slide 19: Europe responds to the IRA
Europe responds to the IRA For personal use only New Guidance of access to REPowerEU funds, by Member State The Four Pillars of the Green Deal Industrial Plan Loan pool: Billion EUR €225 billion • Simplify the regulatory 7 Funds for potential transfer from the Brexit Adjustment Reserve environment –
Slide 20: Any Questions?
For personal use only Any Questions? Contact: info@rhomotion.com +44 (0) 203 960 9986
Slide 21: Disclaimer
Disclaimer For personal use only This presentation includes forward-looking statements. Forward-looking statements are not guarantees or predictions and involve known and unknown risks, uncertainties and assumptions, which are outside the control of Cobalt Blue Holdings Limited (“COB” or “the Comp
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