Metals Company SPAC

BETTER METALS FOR EVS Average product prices assumed in the Feb 2021 Initial Assessment for NORI-D. 28 Ni Nickel 58.693 27 Co Cobalt 58.933 NICKEL SULFATE NISO4.6H₂O $16,106 per tonne + $1,605 per tonne average additional sulphate premium COBALT SULFATE COSO4.7H₂O $46,416 per tonne + $10,575 per tonne average additional sulphate premium ¹ Manganese ores are priced in dmtu (dry metric tonne units). A unit is 10 kg, or 1/100th of a tonne. A tonne of ore grading 40% Mn priced at US$4.53/dmtu would be worth US$181/t of ore. Source: Market Overviews for The Metals Company Initial Assessment, CRU International, October 2020. 29 Cu Copper 63.546 25 Mn Manganese 54.938 COPPER CATHODE $6,787 per tonne 40% MN PRODUCT $4.53 per dmtu¹ or $181 per tonne of Mn product comparable to ore 31

View entire presentation