Minnesota Commitment | Global Opportunity slide image

Minnesota Commitment | Global Opportunity

Investor Presentation Minnesota Commitment Global Opportunity Clean & Renewable Energy Metals To Support Transformation 节 s PolyMet Revenue Distribution¹ Key Drivers For Base Metals EV Growth: 58% of cars sold in 2050 will be EVs² Power Generation Energy Storage Systems Grid Related Projects Copper & Nickel Requirements³ 2020 2050 Copper 29 Mt 69 Mt +138% Increase Nickel 2.5 Mt 7.6 Mt +204% Increase Cu Pd Ni Co Pt Au/Ag 1 Based on payable metal in copper and nickel concentrates and metal price assumptions of $3.52/lb Cu, 8.13/lb Ni, $2,202/oz Pd, $975/oz Pt, $25.86/lb Co, $1747/oz Au. 2 Wood Mackenzie, Market Insights 2022 3 The Drive for Decarbonization Sept 2022 Metals & Mining Forum POLYMET MINING 16
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