Neometals Ltd · ASX:NMT
Neometals — EurozHartleys Rottnest Conference 2021
29 slides from Neometals's conference presentation, Mar 11, 2021
Slide 1: Building a Global Lithium-Ion Battery Recycling Business
For personal use only BUILDING A GLOBAL LITHIUM-ION BATTERY RECYCLING BUSINESS EurozHartleys Rottnest Conference 11 March 2021 ASX Code: NMT OTC/Nasdaq Intl: RDRUY Germany: R9R
Slide 2: Disclaimer
DISCLAIMER Summary information: This document has been prepared by Neometals Ltd (“Neometals” or “the Company”) to provide summary information about the For personal use only Company and its associated entities and their activities current as at the date of this document. The information contained i
Slide 3: Neometals innovatively develops opportunities in minerals and advanced materials
Neometals innovatively develops opportunities in minerals For personal use only and advanced materials essential for a sustainable future • Innovative ASX-listed project developer • Focus on integrated minerals/materials for EV and ESS sectors • 4 core projects with partners • Pivoting from traditio
Slide 4: For personal use only
Lithium-Ion Battery Recycling Project (Feasibility / Demo Plant Stage, For personal use only 50:50 Incorporated JV) Vanadium Recovery Project (Pre-Feasibility Stage, option to form 50:50 Incorporated JV) Lithium Refinery Project Vanadium Recovery (Feasibility Stage, MOU LiB Recycling for 50:50 Incor
Slide 5: EV Demand Forecast
EV DEMAND FORECAST For personal use only Global EV Sales and Penetration Rate Forecast, 2020-35 Source: rho motion 5
Slide 6: EU Leading the World in Adoption of EV's
EU LEADING THE WORLD IN ADOPTION OF EV’S For personal use only Countries with the highest share of plug-in electric vehicles in new passenger car sales in 2020 6
Slide 7: Why Focus on EU? Resource Poor and 2nd Largest Market Globally
WHY FOCUS ON EU? RESOURCE POOR AND 2ND LARGEST MARKET GLOBALLY For personal use only Potential European LiB Recycling Feed Volumes Source: Benchmark Minerals Intelligence (Battery Cell Capacity) and Neometals Management (Utilisation rate 75%, Scrap Rate 10% and Cell Weight 45g/Wh) 7
Slide 8: New EU Battery Regulations
NEW EU BATTERY REGULATIONS For personal use only • Legislation update to ensure more sustainable batteries • Regulations focus on: – Transparency; – Ethical raw materials; – CO2 cell footprint; and – Recycling • Staggered implementation: • 100% collection target - industrial and EV • CO2 footprint d
Slide 9: Recycling Is Not Optional
RECYCLING IS NOT OPTIONAL Significant ‘need’ (Hazardous, CO2 friendly & Valuable) driving regulation: For personal use only Fire Risk Landfill Pollution (GHG) Material Circular Shortages Economy Storage, transport Hazardous Decarbonisation Recycling Closing the loop, and disposal materials and GHG t
Slide 10: Recycling and Recovery: Li Ion Battery Recycling Project
For personal use only RECYCLING AND RECOVERY LI ION BATTERY RECYCLING PROJECT 50:50 JV with SMS group – ‘Primobius GmbH’ 10
Slide 11: Spent LIBs Become High-Purity Feedstock for Our Refineries
SPENT LIB’S BECOME HIGH-PURITY FEEDSTOCK FOR OUR REFINERIES For personal use only Source: Benchmark Minerals Intelligence 11
Slide 12: Unparalleled Exposure to the New Energy (Storage) Megatrend
UNPARALLELED EXPOSURE TO THE NEW ENERGY (STORAGE) MEGATREND For personal use only 2050 Annual Demand from Energy Technologies as Percentage of 2018 Production o Exposure to key commodities as the World transitions to low carbon: o Li, Co, Ni, V o All the right elements® Source: World Bank Group 12
Slide 13: Robust Economics on All Major EV Battery Cathode Chemistries
ROBUST ECONOMICS ON ALL MAJOR EV BATTERY CATHODE CHEMISTRIES For personal use only Pricing data : 28 Feb 2021 4 June 2019 13
Slide 14: Potentially Lowest Cost Nickel Sulphate Producer
POTENTIALLY LOWEST COST NICKEL SULPHATE PRODUCER For personal use only Nickel Sulphate Cost Curve 2025 S Source: Cost Curve – Australian Mines/CRU (2019), Primobius Cost/Production – Neometals Management (2021) based on ASX Announcement:- Lithium Battery Recycling - Scoping Study Results (4 June 201
Slide 15: Our Commercialisation Partner
OUR COMMERCIALISATION PARTNER For personal use only 50:50 JV WITH SMS group GmbH • Incorporation of Primobius GmbH to commercialise recycling technology • Constructing a showcase demonstration plant in Germany and complete feasibility study end 2021 • Evaluating both 20ktpa and 200ktpa plants • SMS
Slide 16: Demonstration Plant
DEMONSTRATION PLANT Plan to complete Demonstration Plant and Class 3 (DFS) Engineering Cost Study in CY21 For personal use only 16
Slide 17: Our Indicative Timeline
OUR INDICATIVE TIMELINE For personal use only Commenced Complete Complete Complete Complete Commence Procurement phase Construction of Demonstration Class 3 ECS Feasibility study and Commercial scale for demonstration demonstration plant Plant Trial Capex & Opex FID* integrated operations plant DECQ
Slide 18: Feed Supply Is the Key – First MOU with Battery-Maker InoBat
FEED SUPPLY IS THE KEY – FIRST MOU WITH BATTERY-MAKER INOBAT For personal use only MOU with InoBat j.s.a • InoBat j.s.a.is founder of Slovakian battery manufacturer InaBat Auto j.s.a. • InoBat is part of IPM Group, which has secured funding from a consortium of CEZ (Leading Czech Power Co), MOL (Mul
Slide 19: Second MOU with Itochu Corporation of Japan
SECOND MOU WITH ITOCHU CORPORATION OF JAPAN For personal use only • Itochu is one of Japan’s largest trading houses (market cap +US$50B • Itochu strong footprint in the lithium-ion battery supply chain • Itochu produces cathode and anode materials, also its own stationary storage battery systems (ES
Slide 20: Another Hydromet Recycling Developer Just Got Bought Out for US$975M in SPAC Deal
ANOTHER HYDROMET RECYCLING DEVELOPER JUST GOT BOUGHT OUT FOR US$975M IN SPAC DEAL For personal use only Source: Li-Cycle 2021 20
Slide 21: Corporate Dashboard
CORPORATE DASHBOARD For personal use only ASX: NMT OTC:RDRUY Shares on Issue1 m 545.4 12 Month Share Price Performance Share Price (9-Mar-21) A$ 0.355 0.50 12,000 Market capitalisation A$m 194 0.45 (9-Mar-21) 10,000 0.40 Cash (31-Dec-20) 2 A$m 72.6 0.35 Debt A$m - Volume (‘000s) 8,000 0.30 Price $A
Slide 22: Security Opportunity
SECURITY OPPORTUNITY For personal use only Strong balance sheet, no debt – can fund Green critical materials developments to FID for Europe Consistent strategy - Resource efficiency for partnering to reduce risks circular economy and realise returns Strong Board and Secure, ethical management – proj
Slide 23: Supporting Information
For personal use only SUPPORTING INFORMATION 23
Slide 24: Our People
OUR PEOPLE NE Board Members For personal use only Steve Cole David Dr Natalia Doug Dr Jennifer Les Guthrie Chair Reed Streltsova Ritchie Purdie Management Team Chris Reed Jason Carone Michael Tamlin Darren Townsend Irena Ivanova Managing Director / Company Secretary / COO CDO GM - Engineering CEO CF
Slide 25: Our Recycling Technology
OUR RECYCLING TECHNOLOGY Successful Pilot Plant at SGS Canada in 2020 For personal use only NEOMETALS HIGH-LEVEL FLOWSHEET 25
Slide 26: LIB Recycling - Scoping Study Results ~20ktpa Stage Plant
LIB RECYCLING - SCOPING STUDY RESULTS ~20KTPA STAGE 1 PLANT For personal use only Expect significant economies of scale for 200ktpa stage 2 Recycling plant EV & Consumer OPEX feed rate battery feed 50 TPD Products US<$7/lb* Inc. high purity Co, contained cobalt 18,236 TPA Ni, Cu, Li excluding co-pro
Slide 27: Need to Address the Emerging 'Carbon Shock' of EV's
NEED TO ADDRESS THE EMERGING ‘CARBON SHOCK’ OF EV’S For personal use only 27
Slide 28: Eco-Friendly LIB Recycling Is a Key Sustainable Solution
ECO-FRIENDLY LIB RECYCLING IS A KEY SUSTAINABLE SOLUTION For personal use only Raw Material CO2 Savings – Traditional Mining vs Pyromet and Hydromet Battery Recycling HYDROMETALLURGICAL RECYCLING HAS THE LOWEST CARBON FOOTPRINT Source: Duesenfield 28
Slide 29: Supply at Current Prices Cannot Meet 5x Growth LIB Capacity
SUPPLY AT CURRENT PRICES CANNOT MEET 5X GROWTH LIB CAPACITY For personal use only 29