Ibc Advanced Alloys (IB) 2025 ThinkEquity Conference summary

Business transformation and core operations

• Re-engineered the company to focus on a foundational business with over 60 years of history, emphasizing expertise in copper alloys and full supply chain capabilities for custom parts.

• Technical team recognized for world-class metallurgy, enabling redesign and material selection for high-spec applications such as rocket engine nozzles.

• Serves approximately 250 customers, including major manufacturers, with recurring business from parts requiring regular replacement.

• Dual-listed on TSX Venture and OTCQB, with a predominantly U.S. retail shareholder base.

• Employs about 48 people, with recent facility upgrades and available land for expansion.

Market trends and growth strategy

• Identifies a new copper supercycle, forecasting a 63% rise in demand by 2035, driven by EVs, AI, and data center growth.

• Four-stage growth program includes shutting down a non-performing division and focusing on high-margin, high-volume opportunities.

• Base business grows reliably at 3%-4% annually, with special projects targeted to add $5-$10 million in revenue per year.

• New sand casting business for copper alloys launched, already producing significant orders and over 130 parts.

• Manufacturing capacity reached $25 million in fiscal 2024, with plans to add more equipment and increase utilization.

U.S. Navy and defense sector initiatives

• U.S. Navy seeks domestic copper-nickel alloy suppliers due to tariffs and supply chain security; currently, 90% is imported from France.

• Plans to invest $5 million in a vacuum cap furnace, aiming for $10 million in additional revenue within 2-3 years, with support from Navy grants or appropriations.

• Long-term goal to acquire a $25 million radial forge, potentially increasing revenue by $50-$75 million and targeting $100 million in total revenue.

• Expansion would require minimal additional staff and offer attractive margins.

• Facility has sufficient land for new buildings to accommodate large-scale equipment.