cathode materials ecosystem
TRANSCRIPT
w w w . n a n o o n e . c aNano One Materials Corp. | TSX-V: NNO | FF: LBMB | OTC: NNOMF | June 2018
Cathode Materials Ecosystem
Changing How the World Makes Battery Materials
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Battery 101
Nano One Materials Corp. TSX-V: NNO2
Li+
Graphite
Electrolyte
nanoOne
$10B in Cathodes Advanced manufacturing is needed
LithiumNickelCobaltIron …
Cathode (+)
Anode (–)
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Lower Cost Higher Performance
Raw Materials
Processing
Scale
Technology
Formulation
CrystalStructure
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LFPLMONCANMCLCO
Worldwide Cathodes Sales2000-25 (kTons) Avicenne 2017
10
00
s o
f to
ns
Market Opportunity
4 Nano One Materials Corp. TSX-V: NNO
Flexible and “Future Proof”Adds value through longevity, stability and cost
License strategy appeals to lithium, chemical and automotive suppliers
Worldwide LiB Sales2000-25 (GWh) Avicenne 2017
50
100
150
200
300
250
350
GW
h
2000 20252020201520102005
Others (16% CAGR)Industrial ESS (22%)Auto, Ebus China (22%) Auto, Ebus non China (17%)Electronics (6%)
$10B Market
NNO’s flexible process makes
all cathodes
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water based mild temp
atm. pressure
supply constraints
flexible platform
enhance performance
low cost
fires in hours vs
days
standard & next-gen LiB
LiB
solidstate LiB
all apps
makes all cathodes
LFPs, NMCs, LMNOs …
Changing How the World Makes Battery Materials
2025: $10B MarketLicensing Strategy
Co
Furnace Cathode
Mn
NiLi
PFe
Reactor
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Co
1 µm
Nano One Technology
6 Nano One Materials Corp. TSX-V: NNO
Fired Cathode Powder
Nanostructures form with lithium in place
Nano One Patented Process
1 µm
Furnace
Reduces furnace time from days to hours
Lithiu
m N
ickel Man
ganese
Co
balt O
xide (N
MC
)
Mn
NiLi
Aqueous Process – Mild TempAtmospheric Pressure
PFe
700-900oC
Reactor
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0
100
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600
700
800
900
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Organics
Other inorganics/metal
Hydroxide - battery
Hydroxide - base
Carbonate - battery
Carbonate - base
Supply
Lithium Supply and Demand 2016 - 2025K/MT
Sou
rce
: G
lob
al L
ith
ium
LLC
© 2
01
8
• Battery related demand grows from 44% of the market in 2016 to 81% in 2025
• Hydroxide is the fastest growing product during the time period• The “Big 4”: SQM, Albemarle, Ganfeng and Tianqi maintain > 60% share• Supply remains balanced between brine and hard rock
LiOH
Li2CO3
Enables Lithium Hydroxide or Carbonate as Inputs
Nano One
Traditional
Reactor
Crush’n’Grind
For High Performance
EV Batteries
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Demo Pilot Plant Complete and Engineering Plans in Place
8
NMC 111 & 622 Piloted
~$8M & financed thru 2019
Preliminary Engineering Plans in Place
Simulates and derisks production
10-1000 kg for third party tests
9 Patents & 30+ pending 811, NCA, HVS & LFP next
Operating since June 2017
3300 ton/yr Cathode LineUses 1400 ton/yr Li2CO3
Makes 24,000 60kWh LiBs
$4.6M in gov’t grants
scale up partner
w w w . n a n o o n e . c aConfidential - Nano One Materials Corp. TSX-V: NNO
Nano One’s Process adds value to all cathodes
1 µm 2 µm
Li2CO3 or LiOH feedstockUnique Coatings Stabilize
High volume capabilityCoated and Stabilized for 55oC, SOLID STATE and liquid LiB
160 mAh/g – 10% boost to LFPEliminates hi pH/Temp/Press No waste, No milling, No post carbon coating, low capex
1 µm
LNMC – Energy DensityLMNO – High Voltage
Fast ChargeLFP – Low cost
Safe – Long lasting
layered spinel olivine
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Durability is Essential
Nano One Materials Corp. TSX-V: NNO10
10
100
1,000
10,000
100,000
5 25 125 625
# o
f Li
feti
me
Ch
arge
Cyc
les
(20
0,0
00
km
)
Driving Range (km)
EV40 kg$$$
HEV2 kg
PHEV20 kg
$$
long range EV
140 kg $$$$
$
EV 10’s kg
$$
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Nickel Rich NMC
11 Confidential - Nano One Materials Corp. TSX-V: NNO
Nic
kel &
Cap
acit
y
Ni Co Mn85% 7.5% 7.5%80% 10% 10%70% 15% 15%60% 20% 20%50% 25% 25%33% 33% 33%
Co
balt &
Du
rability
NMC 111
Nano One’s Lithium Nickel Cobalt Manganese Oxide 622
Nickel Rich NMC needs coatings and reduced voltage to stabilizeNano One – unique coatings – LiOH or Li2CO3 as feedstock
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Liq
uid
ele
ctro
lyte
+
The Future of Lithium Ion is Solid State
12 Nano One Materials Corp. TSX-V: NNO
solid
–
Separator
graphite anode
Solid state lithium ion battery
Conventional lithium ion battery
SaferThinnerEnergy DenseFaster ChargingLower Cost
CathodeLCO LFP 111,622, 811, NCA
ultra thin lithium anode
622, 811 or
Cobalt free HVS
Nano One is working with tier 1 automotive suppliers Cobalt free (HVS) and Nickel Rich Cathodes for Solid State Batteries
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Cobalt Free High Voltage Spinelideal for solid state batteries
Confidential - Nano One Materials Corp. TSX-V: NNO
High Voltage – High Power – Long Lasting – and Cobalt Free
2 µm
Lith
ium
Man
gan
ese
Nic
kel O
xid
e(H
VS
/ LM
NO
)
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100
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0 10 20 30 40 50 60S
pe
cifi
c E
ne
rgy
(W
h·k
g-1)
Cycle Number
Stabilized HV Spinel @ 55 °CCoated HV Spinel @ 55 °CUnstabalized/Uncoated HV Spinel @ 55 °C
Coated HV Spinel @ 55oCStabilized HV Spinel @ 55oCHV Spinel @ 55oChigh voltage spinel (LMNO) vs Li @ 1C, 3.5 – 4.9 V
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Making materials more durable
Example of Coating on HV Spinel ↑ Durability↑ Stability at 55oC↑ Compatibility with liquid & solid electrolytes
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Cobalt Free High Voltage SpinelFast Charging & High Energy Density
Confidential - Nano One Materials Corp. TSX-V: NNO
High Rate Capability – Fast Charging with little compromise
Lith
ium
Man
gan
ese
Nic
kel O
xid
e(H
VS
/ LM
NO
) O
Mn
Ni
Li Li
3D structure enables fast Li charging
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TSXV: NNO | FF: LBMB | OTC: NNOMF
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Shares Outstanding: 65MFully Diluted: 71M~$8M runway thru 2019
Dr Stephen Campbell Principal Scientist25+ yrs as Principal Scientist at Ballard & AFCC
Paul MatysekChairman $2B in corporate enterprise growth LithiumX, Lithium1, GoldRock, Energy Metals, Potash One
Dan Blondal CEO26 yrs in high tech at Kodak, Creo, General Fusion
Nano One Materials Corp. TSX-V: NNO
Joe LowryStrategic Advisor20 yrs global lithium expert
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Forward Looking Statements: Certain information contained herein constitutes “forward-looking information” under Canadian securities legislation. Forward-looking informationincludes, but is not limited to, statements with respect to: the Proposed Private Placement and the commercialization of Nano One Material Corp. (Nano One) technology andpatents. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “expects” or “it is expected”, or variations of such words andphrases or statements that certain actions, events or results “will” occur. Forward-looking statements are based on the opinions and estimates of management as of the datesuch statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance orachievements of Nano One to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including: cycling,charging, capacity, target markets, target cost-reductions, target partners, capital expenditures, raw material and other costs, and financing and additional capital requirements.Although management of Nano One has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-lookingstatements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that suchstatements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not placeundue reliance on forward-looking statements and forward looking information. Nano One does not intend, and does not assume any obligation, to update any forward-lookingstatements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.
17 Nano One Materials Corp. TSX-V: NNO
Take Away & DisclaimersTSXV: NNO | FF: LBMB | OTC: NNOMF
Disclaimer: Nano One expressly warns readers not to rely on the information herein for investment or other related purposes. Accordingly, any use of this information is at thereader’s risk and without liability to Nano One. The information contained herein is not to be construed as either a public or private offer or solicitation to purchase securities inthe capital stock of Nano One. The reader is referred to his/her professional investment advisor regarding investment or related decisions respecting the securities of Nano One.
Lower Cost Lithium Sources – Simpler Process – Innovative Cathode Materials
9 patents granted and 30+ pending and more to come in 2018-19
Pilot plant complete – Evaluations underway – Adding end user partners
Preliminary engineering plans in place for 3,300 Ton/yr production unit (24,000 60kWh EV LiBs)
Applies to conventional and solid-state LiBs for automotive, grid and consumer electronics
Licensing model makes Nano One ideal partner for large companies entering cathode space
Lithium, cathode and next gen battery producers targeted for partnership in 2018