GDTC’s Proprietary Technology

Section I.3

GDTC IP Development Process16

COMMERCIAL PLANT #1 – WARREN NSWPILOT PLANT #1 (R&D)

PILOT PLANT #2 (COMM SPEC)

GDTC Technology17

Heating Chamber

Air LockDoor

Air Lock Door

Hot Combustion 

gases

Combustion Process

Oxygen Free Heating Tube

Feed Chamber

Single Module (two tube)

Six Module (12 Tube) Typical Commercial Plant

Six Module Commercial Plant18

Differences with Traditional Pyrolysis Plants19

Mass Balance20

35% CARBON

40%OIL

15%STEEL

6,779MT8m Liters

ELTs

ELT Type Mix kgs/tire Wgt (MT)Passenger Car 40% 10 2,653          4WD/Light Truck 20% 16 2,122          Truck 30% 50 9,949          Super Single 10% 70 4,643          TOTAL 100% 29 19,367       

7,747MT

2,905MT

10%NON-CONDENSABLE GAS

& EXOTHERMIC HEAT

HEAT EXHAUST

LIMESCRUBBER

FertilizerGDTC 6 module (12 tube) Commercial Plant

Non‐condensable gases are combusted in heat box

Exothermic heat used in process to 

recombine molecules

Throughput21

ELT Type Mix No. Tires kgs/tire Wgt (MT)Passenger Car 40% 265,306        10 2,653          4WD/Light Truck 20% 132,653        16 2,122          Truck 30% 198,979        50 9,949          Super Single 10% 66,326           70 4,643          TOTAL 100% 663,264        29 19,367       

7 Tires/Tube 2 Tubes per module

6 Modules perComm Plant

1 Hr ProcessingTime

24 Hrs/day 329 days/year

663,264 ELTs per Year

Future Plant Designs22

Exclusive Passenger Tire Plant4 Tubes per Module

Exclusive OTR Tire PlantUnique Materials Handling Design

CurrentR&D

Projects

4MT/tire

10kg/tire

Sourcing Raw Material (ELTs)

Section I.4

Company Business Operations

Beaurepaires is the largest tyre retailer in Australia by number of stores  at 300. GDTC estimates they produce over 3m ELTs/yr

A recycler of ELTs producing rubber crumb. Tyrecycle is in discussion to supply all ELTs to GDTC’s commercial plants.

Tyrepower has approximately 250 stores nation wide. GDTC estimates they produce over 2m ELTs/yr

Bridgestone has approximately 180 retail stores nation wide. GDTC estimates they produce approx 2m ELTs/yr

Bob Jane has approximately 132 stores (22 owned and 110 franchised) nationwide. GDTC estimates they produce 2m ELTs/yr

Tyreright has  92 stores nationwide. Tyreright has been supplying ELTs to GDTC’s pilot plant on an as required basis.

ARM is a Tyre collector in Numurkah, VIC. ARM has entered into an MOU with GDTC to supply  up to 40,000 tons of ELTs per year.

Sourcing Raw Materials (ELTs) in Australia24

Australia Tire Distribution market is highly consolidated

Tipping Fees Paid to Tire Collectors Potential Suppliers of ELTs

DISPOSAL FEESCar Tyre

4WD/RV

TruckSuper Single

WgtAvg/Total

AvgWgt/Tyre(kgs)

10.0 16.0 50.0 70.0 29.2

Disposal Fee/Tyre(1) $2.6 $5.2 $13.0 $16.0 $7.6

% Mix per Plant 40% 20% 30% 10% 100%

Tipping Fees paid to collectors are approximately $A250/MT.

Tipping Fees Paid by GDTC to Collectors

Tipping Fees paid by collectors to deliver ELTs to GDTC’s gate are $A150/MT.

Waste‐Cycle Stream of ELTs in Thailand25

New Tire

Used Tire

Part Worn Tire

2nd Hand Tire

Repair

Retreading ReusalbleTire

Private Separation Center

Private Collection Center

Collected atTire Retail Shop

Used in Thailand Exported

Regrooving

ELTs

CollectionSmall Scale

Reuse

Punched &Stamped

Grinding

Other

Devulcanization

Incineration

Pyrolysis

Land Fill

Open Dumping

Other Improper Disposal

Art

Playgrounds

Bumpers

Punched & Stamped products

Ground Rubber

Asphaltic mixture

Backfill

Tire derived Aggregate

Granulation GranulateReclaimed Rubber

Heat Generation Steam Generation

Electricity Generation

Carbon Black

Gas

Oil

Steel

Technology Products

Disposal

Reuse

Sourcing Raw Materials (ELTs) in Thailand26

Passenger Tires Bus & Truck Tires

Individual Collectors

Sample Dealers(Estimated 4,500 shops)

Tire Collectors/Jockey’s

Characterized by small individual truck owners 

specializing in ELT collection from Dealers

Truck FleetsSample Truck Tire Dealers

60km radius from GDT Plant

Proposed GDT Plant

1.5~2.5Bt/kg ELT delivered to Plant

Direct from Dealers0.0~0.5Bt/kg but GDT covers transportation cost

Direct from Dealers0.0~1.0Bt/kg but GDT covers transportation 

cost

B&T Tire Center

GDT Supply Requirements are approx. 60tpd of ELTs which equals ELTs from 20 dealers (assuming 200 ELTs per dealer per day). 

Cost of tires are approximately THB2,000/MT.

Monetization of Output Commodities

Section I.5

Off Take Markets ‐ Oil28

AUSTRALIA THAILAND

OILREFINERY

TRADINGHOUSE

PRIVATE POWER

GENERATION

REFRACTIONHEAVY/LIGHT

UnrefinedOil Light

Oil

Naphtha

UnrefinedOil

VSPP FIT (MSW) PPA

Oil Sales are 53% of Total Revenues

Oil Sales are 81% of Total Revenues

Electricity Generation ‐ Comparison29

AUSTRALIA THAILAND

Wholesale electricity can be sold for only A$0.08/kWh (no FIT for WTE)

However, retail customers pay approximately A$0.31/kWh!

Better to sell GDTC oil to companies producing their own power who see value in GDTC oil price. Retail diesel price is A$1.29/ltr vs A$0.60/ltr for GDTC’s oil.

Electricity can be sold to PEA with FIT of THB5.89/kWh (A$0.23/kWh) under PPA

This equates to a price of THB23/ltr or A$0.90/ltr (50% higher than in Australia)

This higher price/ltr of oil is needed to compensate for the fact that there are no tipping fees in Thailand for disposing of ELTs (instead you need to purchase them)

Off Take Markets ‐ Carbon30

AUSTRALIA & THAILAND COKE ADDITIVE

FLOUR MILLPAPER MILL

CEMENT PLANT

STEEL COMPANY

Sold as Thermal Fuel Sold as Coke Additive

CV 8,359 kcal/kg (35GJ/t)No Volatile Matter

Electric Arc Furnace

Off Take Markets ‐ Steel31

AUSTRALIA & THAILAND RUBBER CONTAMINATION

SCRAP STEELAGENTS(JAPAN)

RECYCLED STEELMANUFACTURERS

ISRI Code DESCRIPTION272 Pulled bead wire (Truck)—Grade 1.

Not chopped; made up of loops of wire. Less than five percent (<5%) rubber/fiber.

273 Pulled bead wire (Truck)—Grade 2.Not chopped; made up of loops of wire. Five to ten percent (5‐10%) rubber/fiber.

274 Pulled bead wire (Truck)—Grade 3.Not chopped; made up of loops of wire. Greater than ten percent (>10%) rubber/fiber.

275 Pulled bead wire (Passenger)—Grade 1.Not chopped; made up of loops of wire. Less than five percent (<5%) rubber/fiber.

276 Pulled bead wire (Passenger)—Grade 2.Not chopped; made up of loops of wire. Five to ten percent (5‐10%) rubber/fiber.

277 Pulled bead wire (Passenger)—Grade 3.Not chopped; made up of loops of wire. Greater than ten percent (>10%) rubber/fiber.

278 Processed tire wire (Ferrous)—Grade 1.Chopped. Less than two percent (<2%) rubber/fiber.

279 Processed tire wire (Ferrous)—Grade 2.Chopped. Less than five percent (<5%) rubber/fiber.

280 Processed tire wire (Ferrous)—Grade 3.Chopped. Five to ten percent (5‐10%) rubber/fiber.

281 Processed tire wire (Ferrous)—Grade 4.Chopped. Ten to twenty percent (10‐20%) rubber/fiber.

282 Processed tire wire (Ferrous)—Grade 5.Chopped. Greater than twenty percent (>20%) rubber/fiber.

=Expected classification for GDTC Steel

Pipeline of Plant Roll‐out

Section I.6

Plant Roll‐Out in Australia33

Queensland

Brisbane‐ 1 plant

Gold Coast‐ 1 plant

Mt. Isa‐ 1 plant

NSW

Warren‐ 1 plant

Young‐ 1 plant

Camden Sydney‐ 1 plant

Manildra‐ 1 plant

Newcastle‐ 1 plant

Tasmania Longford

‐ 1 plant

WA

Fremantle‐ 1 plant

Victoria

Numurkah‐ 2 plant

Stawell‐ 1 plant

Wyndham‐ 1 plant

Warragul‐ 1 plant

Current PipelineAdditional Target sites

THAILAND

Chonburi‐ 1 plant

Surat Thani‐ 1 plant

Changmai‐ 1 plant

Saraburi‐ 1 plant

Udon Thani‐ 1 plant

AUSTRALIA PIPELINE THAILAND PIPELINE

7 target plants representing 35% of total ELT mkt and 56% of dumped ELTs 3 target plants representing 11.3% of total ELT mkt and 24.5% of dumped ELTs

Plant Roll‐Out JV: USA and Japan34

Global Joint VentureGDTC is in advanced negotiations for a JV to roll plants out in the USA and Japan with one of the worlds largest owners of tire retail distribution. Through their distribution platform in the US alone they produce > 25m ELTs per year.