Neometals Ltd · ASX:NMT

Neometals — Benchmark World Tour – Perth 2025

23 slides from Neometals's conference presentation, Feb 21, 2025

  1. Slide 1: Keeping the faith – Why we still love lithium

    Keeping the faith – Why we still love lithium Benchmark World Tour – Perth | 21 February 2025 ASX: NMT | OTCQX: NMTAY | DEU: 9R9 ASX: NMT | OTCQX: NMTAY | DEU: 9R9 neometals.com.au

  2. Slide 2: Disclaimer

    Disclaimer This presentation has been prepared and issued by Neometals Ltd (Neometals, or the from, this presentation including, without limitation, any financial information, any Company) and the Company’s current activities, as at the date of this presentation, estimates or projections and any oth

  3. Slide 3: Neometals is leveraged to the Energy Storage thematic

    Neometals is leveraged to the Energy Storage thematic Lithium and Vanadium have the highest forecast demand growth to 2050, driven by EVs and BESS Lithium Battery Lithium Vanadium Business Unit Recycling Chemicals Recovery Process to produce high- Building turn-key recycling Process to produce Lithi

  4. Slide 4: How We Do It

    How We Do It Identify need, innovate solution, disciplined development and evaluation, partner with industry leaders TRL 1 TRL 2 TRL 3 TRL 4 TRL 5 TRL 6 TRL 7 TRL 8 TRL 9 Lithium-ion BatteryINDUSTRY Recycling PARTNERSHIP STAGE Industrial Technical Concept or Tech Evaluation: Proof of Concept: Lab Pr

  5. Slide 5: Lithium battery megatrend immutable with 27% y-o-y growth

    Lithium battery megatrend immutable with 27% y-o-y growth . Source: RhoMotion 2025 ASX: NMT | OTCQX: NMTAY | DEU: 9R9 5 neometals.com.au

  6. Slide 6: EV's sales remain strong with 18% y-o-y growth

    EV’s sales remain strong with 18% y-o-y growth NMC cathodes dominant chemistry for Western OEMs, LFP favoured in China . Source: RhoMotion 2025 ASX: NMT | OTCQX: NMTAY | DEU: 9R9 6 neometals.com.au

  7. Slide 7: BESS is the future driver of lithium/vanadium demand

    BESS is the future driver of lithium/vanadium demand LFP BESS prices <US$100/KWh have PV+BESS at parity with fossil fuels . Source: International Energy Agency “State of Energy Policy 2024 Report” . Source: Goldman Sachs Global Investment Research, NDRC ASX: NMT | OTCQX: NMTAY | DEU: 9R9 7 neometals

  8. Slide 8: Management Focus

    Management Focus • Complete installation and commissioning Commercialise Li Ni MB Plant in Germany LiB Recycling Co Cu • Commence global offering of commercial plant supply contracts • Secure Partner for ELiTM Partner ELi V • Demonstration Plant Li & V Recovery Secure Finance Partners for V Recovery

  9. Slide 9: Building world-class Lithium-ion Battery (LiB) Recycling Plants

    Building world-class Lithium-ion Battery (LiB) Recycling Plants ASX: NMT | AIM: NMT | OTCQX: NMTAY | DEU: 9R9 99 neometals.com.au

  10. Slide 10: Opportunity – A High Growth, High Value Waste Stream

    Opportunity – A High Growth, High Value Waste Stream • Lithium battery plants have high scrap rates for years + the batteries have a finite life – planned obsolescence • NMC batteries remain dominant cathode chemistry in EU and US • NMC batteries are a high-grade lithium concentrate (11.5% LCE) + ba

  11. Slide 11: Satisfy Wants and Needs of LiB OEMs

    Satisfy Wants and Needs of LiB OEMs 1 Licence to Operate 2 Low Cost 3 Low Carbon Note: C1 cash costs net Ni/Co by product credit Source: Argonne National Laboratory (Battery Compositions), Primobius CO2 (LCA), Source: Primobius July 2023 ECS (operating cost and production), Consensus Economics Ni CO

  12. Slide 12: Unique Solution to Maximise Market Penetration

    Unique Solution to Maximise Market Penetration • Supply plants to EV and LIB OEMs rather than compete against them • Primobius - Up-front plant supply margins – capital-light, lower-risk • ACN630- Royalty stream on end-product value recovered over plant life ACN630 Technology Licence Royalty - % Gro

  13. Slide 13: Mercedes-Benz

    Mercedes-Benz • Long-term relationship with marquee OEM • Industrial validation, ‘Product Readiness’ then global offer of commercial scale plants Partnership Cooperation agreement with Mercedes-Benz (2022) • Long-term (5yr) R&D collaboration • 2,500 tpa Integrated Recycling Plant: • Purchase Orders

  14. Slide 14: Commercial Pipeline

    Commercial Pipeline • Industrial validation expected to crystallise pipeline of licences and agreements into plant supply orders • First commercial plant (20,000 tpa) licence issued to Stelco in North America, 4 licences issued in Europe in North America • Exclusively licensed to Stelco for end-of-l

  15. Slide 15: Lithium Chemicals

    Lithium Chemicals ELi Process Technology Reed Advanced Materials (“RAM”) 70% Neometals / 30% Mineral Resources Ltd ASX: NMT | AIM: NMT | OTCQX: NMTAY | DEU: 9R9 15 neometals.com.au

  16. Slide 16: ELi Process - Lithium Hydroxide Direct from Brines

    ELi Process - Lithium Hydroxide Direct from Brines Patented solution for converting lithium chloride from Estimated Opex Comparison (Conversion to LHM) brines and minerals directly to lithium hydroxide • Highly efficient process targets production of battery-quality lithium hydroxide (“LHM”) directl

  17. Slide 17: ELi Process – Positive Pilot Plant Results

    ELi Process – Positive Pilot Plant Results Piloted on real South American brine eluate, validated bench testing on real and synthetic brine solutions Table 1 – Brine Sample Analysis (pre- and post purification)  Membrane Durability confirmed Li Ca Mg B Sr Si  Continuous operation for 1,000 hours w

  18. Slide 18: Summary

    Summary ASX: NMT | OTCQX: NMTAY | DEU: 9R9 neometals.com.au

  19. Slide 19: Corporate Dashboard

    Corporate Dashboard ASX: NMT OTCQX: NMTAY Shares on Issue (1) m 769.4 Share Price A$ 0.073 Market Capitalisation A$m 56.1 Cash (31-Dec-24) (2) A$m 10.7 SHARE PRICE PERFORMANCE Debt (31-Dec-24) (2) A$m – Investments (31-Dec-24) (2) A$m 13.4 160 30 140 25 BROKER COVERAGE Share Sales (m) 120 Price Inde

  20. Slide 20: Strong Team and Culture

    Strong Team and Culture Non-Executive Board Steven Cole Doug Ritchie Les Guthrie Independent Independent Independent Chairman Non-Executive Director Non-Executive Director 40+ years in legal consultancy, Senior executive with 35+ 40+ years experience in corporate management, and years, notably with

  21. Slide 21: Corporate

    Right Values Our six core values Corporate underpin all the Company’s activities and are reflected in the acronym STRIDE. ASX: NMT | AIM: NMT | OTCQX: NMTAY | DEU: 9R9 ASX: NMT | OTCQX: NMTAY | DEU: 9R9 21 neometals.com.au neometals.com.au

  22. Slide 22: Forward Plan

    Forward Plan 01 02 Primobius LiB Recycling Plants Procure Partners for ELi & VRP Laser focused on successful delivery of Patented processes deliver customers 2,500 tpa lithium-ion battery (‘LiB’) sustainable competitive advantages. recycling plant for Mercedes-Benz. Technology licensing business mod

  23. Slide 23: Thank you

    Thank you neometals.com.au ASX: NMT | OTCQX: NMTAY | DEU: 9R9 ASX: NMT | OTCQX: NMTAY | DEU: 9R9 neometals.com.au

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