ANTIMONY-BASED LIQUID METAL BATTERIES
|
PERPETUA TO POWER AMBRI'S LOW-COST BATTERY
Agreement to supply only responsible & domestically mined source of antimony for stationary, long
duration, daily cycle energy storage enabling the transition to cleaner energy
L
SUPPLY AGREEMENT¹:
Current commitment of Perpetua's antimony can power
over 13 GWh of energy storage or >8x the total additions.
to entire U.S. energy storage market in 2020
Based on standard commercial terms with options for
fixed pricing and higher volumes
Partnering with Ambri to identify opportunities to reduce
carbon emissions in operations through renewable energy
combined with battery storage
Ambri secured $144M from Reliance Industries, Paulson &
Co., Bill Gates and others to accelerate growth and recently
announced a tripling of its manufacturing capacity in the U.S.
1.
Ambri
Batteries for clean energy
Liquid
Metal+
Battery
+
Liquid Metal
Battery
K
High
temperature
chemistry
Energy
storage system
Source: https://ambri.com/
Outperforms
lithium-ion
Zero
maintenance
Redefining how modern mining companies can be part of climate change solutions
Platform
Subject to completion of the permitting process for the Project, commencement of commercial production of antimony, identification of one or more refiners to transform our antimony concentrate into antimony metal, and mutual
agreement on certain material terms, including volume and pricing. For additional information regarding the risks and uncertainties surrounding our supply agreement with Ambri, see "Forward-Looking Statements" at the beginning of
this presentation.
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