Paradox Lithium Project Update

For personal use only EMERGING EV BATTERY INDUSTRY IN THE USA KOREPOWER Announced the first lithium-ion battery manufacturing facility wholly owned by a U.S. company to built in Maricopa (Arizona). StoreDot Recently announced an R&D center to accelerate the market introduction of solid-state batteries (exact location to be determined). Solid Power Since 2019 it has a pilot production line for solid electrolyte batteries that aims to scale up to a gigafac- tory by 2023. BRITISHVOLT POWER ON Planned a 60 GWh capacity plant in Quebec, Canada. STELLANTIS LG Energy Solution Announced a battery plant of about 40 GWh in Ontario, with production to start in early 2024 LION ELECTRIC Announced in March 2021 its intention to open in Quebec in 2023 a plant with 5 GWh capacity STROMVOLT Announced a battery cell factory in Quebec; aims to produce 10 GWh by 2030 Strategically Located Paradox Lithium Project, Utah QuantumScape Working on the development of its first pilot line in San Jose (California) with the objective of scaling it up in 2024. SILA NANOTECHNOLOGIES It has launched a pilot line in 2021, which it expects to scale up in 3 years. LG Chem It has a 5 GWh capacity plant in Holland, Michigan. ANSON RESOURCES SES Announced in March 2021 its agreement with General Motors to develop a pilot line starting in 2023 in Woburn (Massachusetts) gm iM3NY Aims to develop a plant by 2022 with a capacity of 1 GWh (expandable to more than 15 GWh) LG Chem GM's Ultium Cells 40GWh plant in Lordstown, Ohio opened in 2022. A 35GWh plant in Springhill, Tennessee will commence production in 2023. Project in progress Operational pilot line or in progress Operational plant STELLANTIS SAMSUNG Announced that they will form a Joint Venture to operate, starting in 2025, a gigafactory of about 40 GWh. TESLA Two operational plants - Nevada (35GWh) and Buffalo (2GWh, for solar cells). Existing pilot line in Fremont, California. 100GWh Austin, Texas facility opened in 2022. microvast 2 GWh plant in Clarksville, Tennessee (2022) SK innovation Ford Development of the "Blue Oval City" project in Kentucky with two gigafactories and a third one in Staton (Tennessee), each one with a capacity of 43 GWh Envision AESC Announced a new battery plant in Alabama to produce the lithium-ion packs for electric SUV's Saft 1 GWh plant in Jacksonville, Florida TOYOTA Announced a new battery plant in North Carolina to start operations in 2025 SK innovation SK Innovation opened 10GWh gigafactory in 2022 with a further 12GWh planned for 2023. Source - CIC energiGUNE, Reuters. Anson Resources | ASX: ASN FREYR KIKOCH They have announced a joint venture (50% each) to start building a gigafactory in the USA (the final location has not yet been determined) LO 5

View entire presentation