NEFEL_NEF2025-DR-DAN-1.pdf

1、This Photo by Unknown Author is licensed under CC BYThis Photo by Unknown Author is licensed under CC BY-SAThis Photo by Unknown Author is licensed under CC BY-SATRANSFORMING CIRCULAR ECONOMY FOR WASTE TO BATTERY MATERIALSKEYNOTE PRESENTATION AT 10TH NEF ON 8TH JULY 2025DR.OLUWOLE DANIEL ADEUYITrans

2、formation Pathways Source waste/low-grade mined materials in Nigeria Cheaper than anyone else through existing network of producing mines Set up trading post to aggregate/blend waste material near Port Acquire s refurbish brownfield site(s)=lower set up costs Install pilot concentrator at brownfield

3、 site s rapidly upscale Add value s transform waste to higher-value products Supply bulk,consistent,high-grade battery materials/concentratesto Offtakers globally Diversify global supply chain s resilience Repurpose tailings concentrator Avoid 80%cost of shipping waste s GHG=Produce eco-brick for co

4、nstruction/road sectorSource:https:/ Growth DriversIncreasing Global EV DemandSource:IEA Global EV Outlook 2023EV DemandOther BatteriesOtherSupplykilo TonnesSource:YearCeramics&GlassYearBattery plus EV Value Chain&Market ValuePRECURSOR&CATHODE ACTIVE MATERIAL PRODUCTIONNEFELQ3-Q4 23:Q2 24:SC6Asset E

5、SIA detailed draft report completed&feedstockFactory Land agreement Secured&Factory ESIAkick offQ3 25:Execute SC6 Strategic Offtake Agreement for Yr1 50k TPA and/or Equity InvestmentsQ3 25-Q3 26:SC6Factory Construction,Start of SC6 Production&First Supply 50k TPA Yr1&150k by Yr2/3.Q3 26-Q1 28:SC6Exp

6、ansion,plus Refinery construction 10k-20k TPALiOH/CarbonateLow-carbon Lithium Project Upscaling(Phase 1)(150k TPA of SC6 plus Refinery Prep)Innovation Strategy&Timescales(Phase 1&2)Feasibility;Engagement of 1-2%Lithium Suppliers,Host Community,Offtakers&Manufacturer(from H2 23)oYr 1 input;source was