Atlantic Lithium Limited. · LSE:ALL
Atlantic Lithium — 121 Investor Presentation Sydney October 2022
24 slides from Atlantic Lithium's conference presentation, October 2022
Slide 1: Charging the Change
CHARGING THE CHANGE 121 Investor Presentation October 2022
Slide 2: Important & Cautionary Statement
IMPORTANT & CAUTIONARY STATEMENT Important notice Competent Person Statements These presentation slides (the “Slides”) have been prepared by Atlantic The information in the Slides that relates to the estimation and Forward-looking information is developed based on assumptions about Lithium Limited (
Slide 3: Atlantic at a Glance
ATLANTIC AT A GLANCE Flagship Project Strong Cash Position Ewoyaa, Ghana - 30.1Mt @ 1.26% Li2O c. US$16m for future growth “ Advancing Ewoyaa through studies to become Ghana's “ first lithium producing mine Pre-Feasibility Study Post-Tax NPV US$1.33bn Proven Premium Product High grade SC6 with low N
Slide 4: Corporate Snapshot
CORPORATE SNAPSHOT Capital Structure Major Shareholders Issued Capital: 605.7m Top 20 Shareholders: 79.8% Assore Int. Holdings 50.50m 2.7m 658.9m 22.65% Options Performance Rights Fully-diluted share capital Other Piedmont Lithium Inc 57.1% 9.39% £230m / A$387m US$16m / A$23.8m DGR Global Market Cap
Slide 5: Board and Management
BOARD AND MANAGEMENT Neil Herbert – Executive Chairman Stu Crow – Senior Non-Executive Director Board FCCA More than 30 years of experience in the mining sector in all aspects of corporate Over 30 years experience in growing mining and oil and gas companies, both as an finance and investor relations
Slide 6: Piedmont Funding Agreement
PIEDMONT FUNDING AGREEMENT Targeted to Become First Ghana Lithium Producer Piedmont investment US$103m – Atlantic maintains control STAGE 1 STAGE 2 STAGE 3 OTHER KEY TERMS Initial Investment into Atlantic Funding of Regional Funding of Capex Lithium Limited (c. US$16m) Exploration and DFS (US$17m) (
Slide 7: Dual Listing Overview
DUAL LISTING OVERVIEW Atlantic Lithium now listed on the Australian Securities Exchange – A11 Atlantic Lithium listed and commenced trading on the ASX on Monday 26 September to complement its existing AIM listing The Board considers that a dual listing on the ASX will provide the Company with greate
Slide 8: Lithium Market Outlook
LITHIUM MARKET OUTLOOK Lithium-rich spodumene concentrate used in the production of downstream Atlantic is ideally placed to take advantage of strong long-term lithium chemicals for end use in lithium batteries market fundamentals for spodumene concentrate Global Electric Vehicle uptake forecast to
Slide 9: Enterprise Value (EV) / Resource – Peer Comparison
ENTERPRISE VALUE (EV) / RESOURCE – PEER COMPARISON 6.32 3.08 EV / Resource 0.76 1.10 (A$/kt Li2O) 0.57 0.54 Location Ghana and Ivory Coast Western Australia Northern Territory, Australia Mali, West Africa Southern D.R.C Minas Gerais, Brazil Asset Ewoyaa Kathleen Valley Finniss Goulamina Manono Grota
Slide 10: Our Vision
OUR VISION A sustainable lithium supply with positive social impact to support the global transition to a carbon neutral future. ATLANTIC LITHIUM LIMITED LTD. 10
Slide 11: Ewoyaa Lithium Pegmatite Discovery in Ghana
EWOYAA LITHIUM PEGMATITE DISCOVERY IN GHANA 30.1Mt @ 1.26% Li2O Significant Exploration Upside; (Inferred & Indicated, JORC 2012) 37,000m drilling programme Coarse Spodumene concentrate underway 20.5Mt @ 1.29% Li2O (Indicated) Pre-Feasibility Study released in 18.9Mt @ 1.24% Li2O Reserve September 2
Slide 12: Ghana & Côte d'Ivoire Lithium Portfolio
GHANA & COTE D’IVOIRE LITHIUM PORTFOLIO Ghana & CDI Portfolio insert Combined 1,334km2 portfolio secured via earn-in & application (see insert) 560km2 Ghana portfolio within 110km of Takoradi port and 100km of Accra Coarse spodumene dominant pegmatites ~90,000m of RC and DD drilling completed to cur
Slide 13: Coarse Spodumene – Broad Widths
COARSE SPODUMENE – BROAD WIDTHS Coarse spodumene in outcrop Coarse spodumene pegmatite drill core ATLANTIC LITHIUM LIMITED 13
Slide 14: Simple Metallurgy – Premium SC6 Product
SIMPLE METALLURGY – PREMIUM SC6 PRODUCT >6% spodumene concentrate at 10mm crush via conventional DMS Heavy Liquid Separation recoveries up to 90% Low contaminants; <1% Fe203, <3% combined Na2O & K2O Simple gravity process flow sheet; No early flotation Low capital intensity implied Significant value
Slide 15: Exceptional Logistics
EXCEPTIONAL LOGISTICS Sealed road within 1km of deposit footprint 110km from project footprint to Takoradi port Takoradi port currently exports 3Mt of Mn and approx. 1Mt Bx per year from existing facilities with available capacity Port being re-developed as a major West African oil, gas and bulk min
Slide 16: 30.1Mt @ 1.26% Li2O and Growing
30.1Mt @ 1.26% Li2O AND GROWING Current MRE footprint, additional resource drilling & target areas on pXRF Rb soils and LIBS Li soils Significant potential to grow resource base within ‘mine corridor’ 37,000m drilling underway; to support exploration & resource upgrade Proven low cost & effective ex
Slide 17: Exploration Upside Multiple Targets Defined
EXPLORATION UPSIDE MULTIPLE TARGETS DEFINED Only 13km2 of 560km2 (~2%) tenure portfolio drilled to date; predominantly within Ewoyaa High priority target zones corridor Regional target definition; Multiple untested targets Area on previous slide Helicopter geophysics and grid soils completed over Ca
Slide 18: ESG Initiatives - Low Carbon Footprint
ESG INITIATIVES - LOW CARBON FOOTPRINT Strong national employment and Community consultation meetings Weather station data download training programmes implemented Regeneration nurseries established and access/drill pad revegetation Community programmes and engagement; e.g. market hall construction,
Slide 19: Pre-Feasibility Study Delivers Robust Project Economics
PRE-FEASIBILITY STUDY DELIVERS ROBUST PROJECT ECONOMICS+ Pre-Feasibility Study (September 2022) Ultimate mining operation overview showing all associated project development infrastructure 30.1Mt @ 1.26% Li2O US$1,359/t SC6 100% basis + refer cautionary statement for production targets 2Mtpa ROM NPV
Slide 20: Saleable Products
SALEABLE PRODUCTS PFS incorporates two additional revenue streams from saleable direct shipping ore fines product (“DSO fines”) and a saleable Feldspar by-product Feldspar is widely used in glass and ceramics industries Testwork demonstrates that low iron products can be produced, meaning a saleable
Slide 21: Ewoyaa PFS Key Metrics
EWOYAA PFS KEY METRICS (100% Project Basis1) Item Units PFS Statistic 1Note: Whilst the asset is currently wholly owned by Atlantic Lithium Ltd, Piedmont Lithium Inc. can earn up to half the asset Mineral Resource2 Mt @ % 30.1Mt @ 1.26% Li2O through the funding agreement, whilst the Government of Gh
Slide 22: Our Growth Story
OUR GROWTH STORY Funded towards production Targeting: Excellent Project MRE Upgrade Economics DFS 2023 12.5 year mine life Mining Licence 2023 Strong ESG producing 255,000tpa of SC6 at FOB Opex of US$278/t. Production 2024 Credentials Post-tax NPV8 of US$1.33bn, Established pro >98% Ghanaian and Ivo
Slide 23: Ghana - Country Profile and Pro Mining Investment Framework
GHANA- COUNTRY PROFILE AND PROJECT LOCATION / PRO MINING INVESTMENT FRAMEWORK Mineral Rights, Licences & Population Permits: 30.8 million Exploration Permits – 4 years Area and 2 x 3 year extensions 238,000 km2 with up to ½ relinquishment Language Mining Permits – granted for English life of mine, u
Slide 24: Atlantic Lithium Limited
Atlantic Lithium Limited http://www.atlanticlithium.com.au/ Level 33, Australia Square, [email protected] 264 George Street, Sydney, NSW 2000
Atlantic Lithium — 121 Investor Presentation Sydney October 2022 on 6ix