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Ferrum Inc | | Centrifuge Technology | | 1 6225 Park Ten Place | | Suite 500 | | Housto n n n n n TX 77084 | | | | | | | | USAT +1 +1 877 877 933 3778 | | | | | | | | F F +1 +1 877 711 2329 | | sales@ferrumUS com | | www ferrumUS com100 YEARSSINCE191 7FERRUMPROFESSIONAL IN IN IN DYNAMIC SEPARATION CENTRIFUGE CENTRIFUGE TECHNOLOGY PROVEN CONTINUITY | PUSHER CENTRIFUGES FOR LITHIUMFerrum supplie s s s s s s innovative customized and and and special design s s s s s s s s s s s for Lithium Salts and and and a a a a a a a a a a wide range of ot her applications and and and processes + High p p p p p p p p roduct purity+ Multi stage desi gn+ gn+ Low residual moisture+ Vapor-tight desig desig n+ Low maintenance costsNemaska Lithium ha s s s s s s reduced this lead time by by commissioning the the the phase 1 plant thereby incorporating the the the product qualifying process into the the construc tion and commissioning phas e e e e e e e e e e e of the project development “We have to to to remember that it’s it’s important important to to to come t t t t t t t t t t t t t o o o o o o o o o o market but it’s more important to to to qualify you r r product One of the the reasons we built the the phase 1 plant was t t t t t t t t o o o o shorten the the the period it usually takes to to qual ify the the product once you have start ed commercial production ” explains Bouras sa “The phase 1 plant gives us two advantag es es The The frst is is we can engage and discuss t t t t t he he specifcs of each client we we are talking to and secondly it gives us at least a a a a a a a a one ye ar ad vantage on on anyone who is going to build a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a commercial commercial commercial plant plant plant plant directly “We “We have have have th th th th th th th th th th th th th th th th th th th ese two key advantages and that’s why we have so many people talking to to us us end use rs that are interested to to secure long term supply ”With the phase 1 plant in place a a a a nd proving the the the quality of the the the product al al l l l l that is is left for Nemas ka Lithium is to commence construction construction of of the the mine and and construction construction and and commissionin g of of the hydromet plant to commercial pro duction of lithium hydroxide and carbo nate However to to do that there is st ill a a a considerable amount of fnancing to fnd Last summer the company grad uated from the the the TSX TSX Venture Exchange to th th th e e e e e e TSX TSX main board and raised C$69 million through a a a a a a public ofering - $50 million million of of th th at was earmarked to advanc e e e e e e e e e e the the commercial phase of the the project Nem aska also attracted 32 i i i i i i i i i i i i i i i i i i i i 

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