(PRESS RELEASE) TGEM On Track to Achieve One-Year Full Ramp-Up of 3,200- Ton MHP, Reinforcing Commitment to Western Markets

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JAKARTA, September 1, 2024 – Trinitan Green Energy Metals (TGEM), a leading innovator in Class 1 nickel processing technology, is advancing its position in Western markets as it ramps up its Go STAL facility to full operational capacity. The company is set to reach a production milestone of 3,200 tons of Mixed Hydroxide Precipitate (MHP) per annum by the end of Q3 2024. Located in Bogor, West Java, Indonesia, this facility represents TGEM’s first commercial production site for MHP, a crucial component in battery manufacturing. This initiative aligns with TGEM’s commitment to providing sustainable nickel solutions, particularly to Western markets, which are increasingly focused on environmentally responsible sourcing.

Rama A. Panjaitan, Head of Project Development & Management at TGEM, highlighted the company’s strategic positioning in the global nickel supply chain, especially within Western markets. “TGEM remains dedicated to supplying Western markets with Class 1 nickel products that are both sustainable and environmentally friendly,” said Rama in a press statement, Sunday (1 September). This commitment was demonstrated in September 2023 when TGEM commenced commercial operations and completed its inaugural shipment of MHP to South Korea. “The shipment was the result of applying TGEM’s proprietary Step Temperature Acid Leach (STAL) technology, which is central to our strategy to meet the stringent standards of Western markets,” Rama added.

TGEM’s MHP boasts a nickel content exceeding 50%, significantly higher than the global average of 30-40%. This superior quality positions TGEM as a key supplier to Western markets, where high standards for quality and sustainability are critical. As global scrutiny of environmental practices and geopolitical dynamics intensifies, TGEM’s operations are aligned with the rigorous standards required by Western nations, including compliance with the U.S. Inflation Reduction Act (IRA). The IRA promotes a diversified and sustainable supply chain by incentivizing the use of components sourced from the U.S. and its trade partners. TGEM’s projects are strategically designed to meet these requirements, producing high-quality MHP with minimal environmental impact. “TGEM’s commitment to environmental sustainability is evident in our proprietary STAL technology, an eco-friendly alternative to the commonly used High Pressure Acid Leach (HPAL) method,” Rama explained.

Unlike HPAL, which has been criticized for generating significant tailings that pose long-term environmental risks, TGEM’s STAL technology incorporates a Zero Waste initiative. This innovative approach ensures that all residues are repurposed into useful products, such as Iron Oxide, Magnesium Sulphate, and inert materials for industrial bricks and cement components. “This method not only mitigates environmental hazards associated with tailings but also fully aligns with the stringent environmental, social, and governance (ESG) criteria required by Western markets,” Rama noted. Additionally, the STAL process reduces the company’s carbon footprint and water usage, offering a comprehensive solution for sustainable Class 1 nickel production.

Looking ahead, TGEM is poised to enhance its production capabilities through several groundbreaking projects, including the STAL One Ecopark. These projects are set to advance the next phase of sustainable nickel production in Indonesia. By prioritizing environmental

responsibility and adhering to international standards, TGEM is not only expanding its production capacity but also reinforcing its leadership position in the global nickel industry. “Our leadership in this field addresses current environmental concerns while paving the way for a more sustainable and equitable future in global nickel production,” Rama concluded.

In July 2024, Indonesia took a significant step towards becoming a global leader in the electric vehicle (EV) ecosystem by inaugurating Southeast Asia’s largest battery cell factory in Karawang, West Java, in partnership with South Korea. President Joko Widodo emphasized Indonesia’s abundant natural resources and commitment to downstream processing as pivotal elements in positioning the country at the forefront of the global EV supply chain. TGEM’s activities align with this national vision, particularly through the advancement of its STAL technology, which has the potential to revolutionize Class 1 nickel production. As the global market moves towards stricter environmental standards and regulations, TGEM continues to lead by providing sustainable and high-quality nickel solutions for Western markets.

Through continuous innovation, responsible practices, and strategic alignment with global trends, TGEM is solidifying its role as a leader in the nickel industry, enhancing Indonesia’s position on the global stage. As the company expands its reach into Western markets, it remains steadfast in its commitment to sustainability, quality, and environmental stewardship.

About Trinitan Green Energy Metals

Trinitan Green Energy Metals (TGEM) is a pioneer in sustainable Class 1 nickel processing technology in Indonesia. The company has developed the proprietary Step Temperature Acid Leach (STAL) technology, which underscores its commitment to environmental management and technological innovation. 15+ years of development have led to the establishment of a commercial facility with an annual capacity of up to 3,200 tons of MHP. TGEM’s ongoing projects, including the STAL One Ecopark in Bogor and the IGNITE Ecopark in Southwest Papua, are geared towards further advancing sustainable nickel production, targeting an annual capacity of up to 400,000 tons of MHP. These initiatives exemplify TGEM’s dedication to innovation and environmental compliance in the global nickel industry.

For more information about Trinitan Green Energy Metals and its innovative solutions, visit: https://tgem.group.

Media and Investor Inquiries:
Bimo Prakoso Priatmadji
Vice President of Corporate Communications
Trinitan Green Energy Metals (TGEM)
Phone: +62 813 2378 4010
Email: bi*************@tg**.group

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