Agder Batteri - Delingsarena

Prosjektnavigator AS

09:30 - Velkommen ved Stephen Sayfritz (Agder Batteri/Eyde-klyngen) og Gøril Hannås (UiA)

09:35 - Electric region Agder - Trond Kristiansen (Agder FK)

09:45 - Batteriverdikjede og Elkems prosjekter - Gunstein Skomedal (Elkem)

10:05 - Morrow Batteries - Terje Andersen (Morrow Batteries)

10:20 - Pause

10:35 - Invest in Norway - Agder - Nora Rosenberg Grobæk (Invest in Norway - Agder)

10:45 - Batteriforskning hos UiA - Bernhard Fäßler (UiA)

10:55 - Batteriløsninger fra BTG - Trygve Raen (BTG AS)

11:05 - Lydløs - Ståle Almenning (Innoventi)

11:15 - LIBRES gjenvinningsprosjektet - Martin Choux (UiA)

11:25 - Oppsummering - Stephen Sayfritz (Eyde-Klyngen)

0.125 kWh 0.5 kWh 24 kWh

1 kg 5 kg 300 kg

Innpakkning21%

Katodefolie7%

Katode26%

Anodefolie17%

Anode14%

Separator3%

Elektrolytt10%

Aluminium; 29%

Nikkel; 13%

Mangan; 1%

Kobolt; 2%Litium; 2%Oksygen; 9%

Kobber; 17%

Grafitt; 14%

Annet; 13%

NMC 811

Source: Golubkov et al 2014, RSC Adv, 4, 3633-3642

6Image source: “Electric Vehicle Outlook 2018 | Bloomberg New Energy Finance.” Bloomberg NEF, 2018, about.bnef.com/electric-vehicle-outlook/#toc-download

Source: European Commision JRC

Materialer for en fornybar fremtid produseres i Kristiansand!

Nikkel og kobolt til batteriKobber til kabler

REC Solar: Silisium til solcellerElkem Teknologi: Forskning på “Future Materials”

Elkem Carbon: Grafitt til batterier

ELKEM’S NORTHERN RECHARGE PROJECT

Elkem Fiskaa, 13 oktober 2020

10

Founded in 1904 by Sam Eyde

Listed on Oslo Stock Exchange since March 2018

31 PLANTS WORLDWIDE

Headquarter in Norway

>6,700 EMPLOYEES

Worldwide

22.7 BNOKTotal operating

income in 2019

>450 R&D PEOPLER&D centres

in Norway, France and China

ElkemMore than 115 years of historyas a technology, advancedmaterials and solutions provider

11

Elkem’s role in the lithium-ion battery value chain

Elkem is a producer of active anode

materials; synthetic graphite

and silicon

Elkem is a supplier of advanced silicone

solutions for battery packs, protection of

electronics and cable protection

Battery cell materials Cell manufacturingBattery modules and

packs, vehicle integration

Recycling and second use

Elkem involved in R&D projects with partners (LIBRES

program)

12

The world needs batteries and it needs lots of them…produced in a sustainable way

14

Europe is waking up – extensive plans for establishing new battery cellmanufacturing capacity…but production of critical materials is dominated by Asian players

2019 anode graphite output (ICCSINO)

Current plans of more than 600 GWh by 2030 in Europe and US …requiring up to around 0.5 million tons of anode graphite annually by 2030

BATTERY MANUFACTURING (US)

15

BATTERY MANUFACTURING (EU)

Source: Benchmark Mineral Intelligence, Elkem analysis. Selected projects shown on map.

40 GWh

67 GWh

15 GWh

70 GWh

20 GWh

40 GWh30 GWh

17 GWh48 GWh

32 GWh

32 GWh

15 GWh

32 GWh

18 GWh

30 GWh53 GWh

55 GWh27

256

424

0

50

100

150

200

250

300

350

400

450

2019 2024 2029

GW

h

46

145

226

0

50

100

150

200

250

300

350

400

450

2019 2024 2029

GW

h

Elkem graphite anode material near zero CO2 emission from manufacturingdriven by energy efficient process and clean Norwegian hydropower

CO2 EMISSION REDUCTION IN ELKEM PROCESS VS ACHESON

16

ACHESON FURNACES IN CHINA

All data based on Elkem analysis. Benchmark data is an estimate of a typical Acheson process.

Acheson processCO2 emissions

Energyconsumption gain

CO2 emissionreduction in

Norway

Elkem process

CO

2em

issi

on

s

Today’s production in Acheson furnaces comes with a severe environmental footprint.

Making batteryproduction greener

Elkem’s Northern Recharge anode material plant

1

Battery cell manufacturing plant2

Renewable hydro power

Raw materials by land and sea

Battery cell manufacturing plant

Elkem anode active material mixed with binder and additives

Separator

Cathode

Electrolyte filling

Cell assembly

Finished battery cells

Copper foil

Slot die coating

Drying and compression

Formation cycling

Renewable hydro power

Raw materials by land and sea

Elkem’s Northern Recharge anode material plant

1

Battery cell manufacturing plant2

Assembly of cells into battery

modules and packs

3

10%Elkem anode

graphite

Integration of battery

pack in vehicle

4

Recycling of anode graphite from battery5

Making batteryproduction greener

Pilot Industrial Pilot* Industrial Plant

22

From pilot to industrial production

Capacity 1 ton per year 200 tons per year Large scale

Status In full operationUnder construction, operational beginning 2021

In planning.Phase 1 SOP: 2023Phase 2 SOP: To be decided

DescriptionAll process steps. Small size industrial equipment.

All process steps. Industrial scale equipment.

Modular design for rapid expansion

Location Kristiansand, Norway Kristiansand, Norway Herøya Industrial Park, Norway

*Project supported by Innovation Norway

Elkem Northern Recharge – Herøya site

Elkem Northern Recharge – Herøya site

25Fourth quarter results 2018

DELIVERING YOUR POTENTIAL

Agder Batteri - Delingsarena

Prosjektnavigator AS

09:30 - Velkommen ved Stephen Sayfritz (Agder Batteri/Eyde-klyngen) og Gøril Hannås (UiA)

09:35 - Electric region Agder - Trond Kristiansen (Agder FK)

09:45 - Batteriverdikjede og Elkems prosjekter - Gunstein Skomedal (Elkem)

10:05 - Morrow Batteries - Terje Andersen (Morrow Batteries)

10:20 - Pause

10:35 - Invest in Norway - Agder - Nora Rosenberg Grobæk (Invest in Norway - Agder)

10:45 - Batteriforskning hos UiA - Bernhard Fäßler (UiA)

10:55 - Batteriløsninger fra BTG - Trygve Raen (BTG AS)

11:05 - Lydløs - Ståle Almenning (Innoventi)

11:15 - LIBRES gjenvinningsprosjektet - Martin Choux (UiA)

11:25 - Oppsummering - Stephen Sayfritz (Eyde-Klyngen)