NioCorp SPAC Presentation Deck slide image

NioCorp SPAC Presentation Deck

Niobium 88% of the world's Niobium is produced in only one country¹ - Brazil - which increases supply chain risk and has forced the U.S. Government to stockpile Niobium. O O O O NIOBIUM: A Critical Supply Risk To The U.S. Market growth is expected to rise sharply with the expected use of niobium in next-generation Lithium-Ion batteries, which enables faster battery charging.² Light-weighting of transportation systems and strengthening of bridges and mega-infrastructure projects are expected to drive additional long-term growth. Highly liquid global market with many sers and a growing number of applications. Global Niobium Supply =75 kt per annum¹ NioCorp Critical Mineral Security CBMM CMOC Magnis Global Niobium Sales by Sector³ $5.5 bn per annum Construction Automotive and Transport Aerospace and Defense Oil and Gas Other 1 "Niobium Outlook to 2030," Roskill, 2020. 2 Source: CBMM. 3 Mordor Intelligence Report on Niobium, 2022. 4 Source: Niobium.Tech (CBMM). Global Niobium Demand Drivers Stronger and lighter steels for buildings & infrastructure mega-projects 0.025% Niobium in the steel of the Millau Viaduct bridge reduced the weight of steel and concrete by 60% in the overall project.4 Growing demand for lighter weight and more fuel- efficient cars, trucks, and buses 300 grams Nb reduces the weight of mid-size car by 200 kg and increases fuel efficiency by 5%4 Next Generation Niobium-Lithium Ion Batteries Significant potential demand. CBMM expects nearly 50 ktpa Nb Oxide sales by 2030² NioCorp's projected Nb annual production: 7,450 tonnes / year → $225M / year in revenue5 5 Subject to receipt of necessary project financing and commencement of operations at the Elk Creek Project. Annual revenue derived from averaged annual Run-of-Mine Nb production multiplied by assumed realized Nb pricing ($46.56/kg), both of which are based on the 2022 NI 43-101 Elk Creek Technical Report. See "Mineral Reserves and Resources" in the Disclaimers & Technical Disclosures at the beginning of this presentation. 12
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