Ba nk o f Am e ri ca 20 20 Gl o bal Met a l s Mi ni ng a nd S t e e l Con f e r e nce Ou r I nd u s tri al bus i nes s We h a ve s e cure d s trategic long ter m co ba lt pa r tn e r s h ip s Co balt lon g t erm co ntract s 10 Fe b ruar y 2020 Up t o 21 000 t o nn es o f co bal t co nt ai n ed i n co bal t hy dro xide bet ween 2020 an d 2024 1 9 No v ember 201 9 Up t o c3 0 000 t o nn es o f co bal t co nt ai n ed i n hy dro x i de bet ween 2020 and 2025 W i t h t hi s co nt ract SK I nn o v at i o n can pro duce bat t eri es f o r 3 m i l l i o n EV s 7 O ct o ber 201 9 A m i ni m u m of 6 1 200 t on nes of Cobal t bet ween 2020 and 2024 29 May 201 9 L o ng t erm revo l vin g agreement f o r th e supply o f co bal t hy dro xide to Umico re s bat t ery m at eri al s val ue chai n E nab li ng t he energy and mo bilit y t rans it ion Co balt i s a key l i t hi um i o n batt ery raw m ate ri al esse nt i al f o r th e el ect ri c ve hi cl e and m o bi l e pho ne m arket s O ur co balt hydro xide mar k et ing strat egy L o ng t erm supply agreem en t s wi t h ge o graph i ca l l y di ve rsi f i ed ke y pl ayers alo ng t he l i t hi um i o n batt ery supply chai n O ur co mm it ment t o r espo ns ible pr o d uct ion Our DRC co balt o perati o n s wi l l be i ndependen t l y au dit ed each year again st t he Co balt Ref i ne ry Su ppl y Ch ain Due D i l i g en ce Standard Th i s st andard i s defin ed by t he Respo nsi bl e Mi ni ng I ni t i a t i v e RMI Pro v iding securi t y o f supp ly t o o ur cust o mers L o ng t erm avail abi l i t y o f respo nsi bl y so ur ced co balt f ro m a r el i able suppli er f o r our custo m ers