Cleantech Lithium Plc · LSE:CTL
Cleantech Lithium — Investor Presentation (October 2023)
33 slides from Cleantech Lithium's investor presentation, October 2023
Slide 1: Advancing sustainable lithium projects in Chile
AIM: CTL | OTC: CTLHF | FWB: T2N Corporate Presentation l October 2023 Advancing sustainable lithium projects in Chile BATTERY GRADE LITHIUM | POWERED BY CLEAN ENERGY | SUSTAINABLE EXTRACTION CleanTech Lithium | Corporate Presentation October 2023 1
Slide 2: Disclaimer
Disclaimer DISCLAIMER THIS PRESENTATION IS CONFIDENTIAL AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM CANADA, AUSTRALIA (other than to persons in Australia to whom an offer of securities may be made without a disclosure document
Slide 3: Disclaimer continued
Disclaimer continued In no circumstances will the Company be responsible for any costs, losses or expenses incurred in connection with any appraisal or investigation of the Company. In furnishing this Presentation, the Company does not undertake or agree to any obligation to provide the recipient wi
Slide 4: Introduction & corporate overview
Introduction & corporate overview CleanTech Lithium | Corporate Presentation October 2023 4
Slide 5: Producing battery grade 'green' lithium from 2026
Advancing Direct Lithium Extraction (DLE) in Chile Producing battery grade ‘green’ lithium from 2026 2 Feasibility stage Excellent economics for two Premium lithium product and 2 exploration projects, combined post-tax for EU/US market stage projects NPV ~US$3bn and IRR >43% Total licence area >1,25
Slide 6: Corporate Snapshot
Corporate Snapshot Overview Research Listings (AIM:CTL), (OTC:CTLHF), (FWB:T2N) Canaccord Genuity BUY (PT | £2.80 ) Shares in issue 106,433,500 Fox Davies Capital BUY (PT | £4.45 ) Share price (8 September 2023) 56p Major shareholders Cash (30 June 2023) £4.6M As at 8 September 2023 Debt (30 June 20
Slide 7: Strong leadership with in-country experience
Leadership towards production Backed by growing team in Chile, the Board have the experience to bring Strong leadership with in-country experience CTL projects into production Dr. Steve Kesler Aldo Boitano Gordon Stein Maha Daoudi Tommy McKeith Jonathon M-K Exec-Chairman CEO CFO Ind. NED Ind. NED Se
Slide 8: Operational delivery with the right skills
Senior management Operational delivery with the right skills Claudio Campos Jason Baverstock* Alvaro Florez Sabine Macaya Geraldine Carmona Marcela Sepulveda Studies & Projects Executive Strategy Legal Manager Operations Finance Manager Community Manager & Development Manager Relations Carolina Vasq
Slide 9: Projects - introduction
Projects - introduction Scalable, sustainable lithium extraction in lithium triangle – 2.72Mt LCE resource supports +40,000tpa production Location & Project Resource Area (km2) Infrastructure 217km2 licence area 1.8mt LCE JORC resource – Connected via international featuring a hypersaline lake highl
Slide 10: Powered by clean energy and minimising water loss
Chile’s power Infrastructure Powered by clean energy and minimising water loss Access to renewable energy to power all production for carbon neutral lithium Chile’s existing power grid – one of the highest production renewable energy contents in the world CTL plans to lock in a 100% renewable energy
Slide 11: New Chilean government lithium strategy promotes public-private partnerships
Chile: World’s Largest Lithium Reserves New Chilean government lithium strategy promotes public-private partnerships World’s National Let’s largest Government Lithium Invest in lithium pro DLE Strategy Chile reserves Historic and stable DLE makes lower Promotes environment Tax benefits for mining in
Slide 12: Timeline and Key Milestones
Advancing DLE lithium production in Chile Timeline and Key Milestones Operational Laguna Verde PFS EIA Approval DLE pilot plant Laguna Verde and construction & start construction Laguna Verde production Laguna Verde commercial production Feed study for (1/tpcm LCE) DFS Laguna Verde 2023 2024 2025 20
Slide 13: Projects overview & strategy
Projects overview & strategy CleanTech Lithium | Corporate Presentation October 2023 13
Slide 14: Laguna Verde - Battery grade commercial lithium production in 2026
Laguna Verde – Project 1 Excellent Battery grade commercial infrastructure, low CAPEX & lithium production in 2026 OPEX 1.8mt LCE 1.1mt LCE 200mg/L RESOURCE M&I RESOURCE AV GRADE Scoping PFS underway EIA DFS ROBUST ECONOMICS RESULTS EXPECTED EXPECTED EXPECTED Q1 2024 1H 2025 2024 Main road access to
Slide 15: Laguna Verde Economics
Laguna Verde Economics Scoping Study Summary from Jan 2023 Laguna Verde project to become a major supplier of battery-grade lithium Production Operational life Total revenues 20,000tpa > 30 US$6.3bn* LCE years IRR Post-tax NPV8 Net cashflow 45.1% US$215m – US$1.83bn 240m pa*# Capital cost Payback Lo
Slide 16: Francisco Basin, approx. 1 year behind Laguna Verde
Second project to Laguna Verde Infrastructure, Francisco Basin, approx. 1 year water access, low CAPEX & behind Laguna Verde OPEX 0.9mt LCE 207mg/L 0.44mt LCE RESOURCE AV GRADE Indicated Scoping PFS EIA DFS ROBUST ECONOMICS EXPECTED IN 2025 ANTICIPATED END 2024 PROGRESS CTL new lithium discovery 202
Slide 17: Francisco Basin Economics
Francisco Basin Economics Scoping Study – Sept 2023 Francisco Basin as second project of major battery- grade lithium production Production Operational life Net revenues up to 20,000 +12 years US$2.5bn* tpa LCE IRR Post-tax NPV 8 Net cashflows US$193 43.5% US$1.1bn - 214m pa*# Capital cost Payback L
Slide 18: With low operating costs due to existing infrastructure
Laguna Verde and Francisco Basin Economics Laguna Verde With low operating costs Operating Expenditure US$/tonne LCE Annual Total US$ mn Reagents 1,215 24,304 due to existing Water 208 4,169 Energy 1,224 24,484 infrastructure Manpower 264 5,280 Transport 200 3,997 Scoping studies place Laguna Verde
Slide 19: Llamara and Salar de Atacama - Exploration upside
Llamara and Salar de Atacama – Projects 3 & 4 map Exploration upside Llamara - early stage Salar de Atacama – new opportunity 605km2 Large basin 337km2 Latest project LICENCE AREA IN THE LITHIUM TRIANGLE LICENCE AREA IN LARGEST LITHIUM PRODUCING REGION Historical surface sampling indicate lithium Po
Slide 20: Our strategy is aligned with the government's priorities
Funding & Strategy Our strategy is aligned with the government’s priorities and strong local stakeholder support Indicative example of Produce Sustainable lithium: Capitilise on green lithium premium funding structure: to fast-track production and EU/US supply Scale DLE: Building plants for producti
Slide 21: Direct Lithium Extraction
Direct Lithium Extraction Digital interpretation of a drillling well accessing the sub-surface aquifer at Laguna Verde. CleanTech Lithium | Corporate Presentation October 2023 21
Slide 22: Using proven technology, adsorbing lithium from brine
Direct Lithium Extraction (DLE) Using proven* technology, adsorbing lithium from brine Efficient and proven process, used for many decades – Livent, Argentina Much higher recoveries than evaporation ponds Short production (1 to 2 days) vs evaporation ponds (12 to 24 months) Low environmental footpri
Slide 23: DLE developers and producers worldwide
DLE: Operations in various countries DLE developers and producers worldwide *Valuations as at 18.08.23 “DLE can massively increase supply, you don’t need two years of drying lithium out from the brine. And instead of getting about 40% of lithium out of the brine, you can get more than double the amo
Slide 24: Working with Sunresin, world leader in commercial DLE plants
DLE moves into the mainstream* Working with Sunresin, world leader in commercial DLE plants to deliver +40ktpa LCE Sunresin selected Capacity & Project projects status Largest resin manufacturer in world, Shanghai listed c. US $4.2Bn market cap 13,000 tpa Provides DLE plants on EPC basis with perfor
Slide 25: Why CleanTech Lithium
Summary Why CleanTech Lithium 2 premium lithium projects set for production from 2026 + Further upside through 2 additional exploration projects South Americas’ Excellent economics for flagship projects combined Premium lithium product next low-cost for EU/US market post-tax NPV ~$3bn and IRR lithiu
Slide 26: Appendices
Appendices CleanTech Lithium | Corporate Presentation October 2023 26
Slide 27: Current JORC Resources Q4 2023
JORC Resources Current JORC Resources Q4 2023 Laguna Verde JORC Resource Measured Indicated M+I Inferred Total JORC: supports production rate of 20Ktpa battery grade lithium carbonate for 30-yr operation Lithium (mt 0.5 0.6 1.1 0.7 1.8 LCE) Grade (mg/L 199 194 196 208 200 Li3CO2) Francisco Basin JOR
Slide 28: ESG-led approach
ESG-led approach We are committed to producing battery- grade lithium with an ESG-led approach Establishing DLE ESG Committee ESG reporting: method of created June 2023 to reference GRI sustainable Li support growth and principles and in production and deliver stakeholder time, EITI and ISSB supply
Slide 29: Community
Community We will create value for our people and communities, playing a positive social role in the locations we operate in What we have achieved: 1. Field visits with indigenous communities to project 4. Government engagement for them to have an early locations to inform and capture their feedback
Slide 30: Market underpinned by demand for EV batteries
Lithium demand rising strongly Market underpinned by Lithium carbonate demand 2030 demand for EV batteries ~60% of lithium is produced for battery-related applications, a figure that could reach 95% by 2030 Lithium demand set to grow by 30+% per annum (2022-2030) – in line with rapid uptake of EVs,
Slide 31: Chile has the largest reserves of lithium in the world
Global lithium production Chile has the largest reserves of lithium in the world Supportive Government will mean more lithium projects will need to come online to maintain levels of production Source: S&P Commodity Insights August 2023 link CleanTech Lithium | Corporate Presentation October 2023 31
Slide 32: FAQs
FAQs What makes the Company confident Direct Lithium Extraction will work? The technology is established and proven. CTL is working with one of the most experienced and trusted DLE partners in the industry, Sunresin, which has a proven track record. It has provided the plants for six projects in Chi
Slide 33: Contact Us
Contact Us Jersey Chile Investor Relations CleanTech Lithium plc, de Carteret House, Lo Fontecilla 101 Felicity Winkles/ Philip Dennis/ Ali AlQahtani Castle Street, St Helier, Jersey, JE2 3BT. Office 716, Las Condes Celicourt Communications Santiago de Chile E: [email protected] E: [email protected]
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