PLUGGING INTO ASIA-PACIFIC'S ENERGY STORAGE SUPPLY CHAIN

Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) is a Canada-based exploration company focused on the acquisition and development of production-grade battery metals projects within the Asia-Pacific region, employing a vertically integrated “minerals-to-market” strategy to leverage these assets to their fullest.

Our flagship project, Cyclops, located in nickel-rich Indonesia, features environmental and mining permits, excellent infrastructure and easy access to an airport, city and skilled workforce. Backed by a successful previous exploration and development season, the Company is pursuing ambitious milestones for 2021.

Our Approach

The usage of nickel in batteries for electric vehicles and renewable energy has increased dramatically over the years due to it's exceptional performance, longevity and safety. Sharp increase in demand has forced Asian nations, particularly China as a leading EV manufacturer, to secure large supplies of the metal. Indonesia, in proximity to the largest battery metals market in the world, accounts for 25% of global nickel supply, making it a jurisdiction of choice for large nickel consumers, as well as nickel miners and processors.

With offices in Vancouver, Shanghai and Jakarta, and an team of international capital markets experts, Bolt Metals mandate is to acquire and develop production-grade battery metals opportunities throughout the Asia-Pacific region, thus becoming a key participant in China's rapidly expanding electric vehicle supply chain.

The Market

The Asian region, particularly China, represents the world’s largest and fastest growing Electric Vehicles and Energy Storage market in the world.

Indonesia is perfectly placed to take advantage of the burgeoning EV sector and the past year has seen the continuation of a number of exciting trends and developments which lay the foundations for the continued future growth in every vertical of the EV supply chain. These developments also strengthen Indonesia’s ability to capitalize on its abundant resources, which includes 21% of global nickel reserves.

“Resource-rich Indonesia, home to a quarter of the world’s nickel reserves, has set its sights on moving up the supply chain to become a global hub for battery-making. The surge in demand for batteries, used to power everything from mobile phones to electric vehicles, has become a tailwind for Southeast Asia’s largest economy as it seeks a way out of a recession.”

— Bloomberg, Mar 5, 2021

Indonesia's Growing Influence

$20 Billion

Investment in downstream nickel projects clustered around Sulawesi Island and Halmahera Island have already passed US$9 billion, and are expected to increase to US$20 billion within five years.

$5 Billion

PT Vale and Sumitomo Metal plan to spend US$5 billion on nickel projects during the next few years, including a US$2.5 billion plant to make battery-grade metal.

$2 Billion

Toyota Motor Corp. has committed to invest US$2 billion by 2023 to develop electric vehicles in Indonesia.

Indonesia’s Nickel And Cobalt Potential

The Company has always maintained that Indonesia is perfectly placed to take advantage of the expanding EV sector. Recent trends and directives from the Indonesian government lay the foundations for continued future growth in every vertical of the EV supply chain. These developments also strengthen Indonesia’s ability to capitalize on its abundant resources, which includes 21% of global nickel reserves. Spending on new nickel processing plants in Indonesia is expected to total US$20 billion by 2024, supported by the Indonesian government’s determination to create a world-leading EV supply chain.

“For nickel, we want raw materials to be processed in Indonesia. We want added values.”

— Joko Widodo, President of Indonesia,

“Indonesia will become the main player in lithium batteries” and that it will “control the world market.”

— Luhut Pandjaitan , Indonesian Maritime Minister

Highly prospective geology and tropical environment results in numerous commercially suitable high-grade nickel-cobalt-bearing laterite deposits.
Produced 32% of the world’s nickel as laterite ore in 2013.
High Quality: 40% of the global total resources of high-grade lateritic ore (>1.8%).
Indonesia production focused on high grade nickel in saprolite for pyro-metallurgical processing.