European Lithium Ltd. · ASX:EUR
European Lithium — Investor Presentation (March 2019)
23 slides from European Lithium's investor presentation, March 2019
Slide 1: Corporate Presentation March 2019
CORPORATE PRESENTATION March 2019
Slide 2: Disclaimer
DISCLAIMER This presentation (Presentation) has been prepared by and is the sole responsibility of European Lithium Limited (the Company). It is not a disclosure document and should not be considered as an offer or invitation to subscribe for, or purchase any securities in the Company or as an induc
Slide 3: European Lithium: Wolfsberg Lithium Project
EUROPEAN LITHIUM WOLFSBERG LITHIUM PROJECT 2
Slide 4: European Lithium – Key Investment Highlights
EUROPEAN LITHIUM – KEY INVESTMENT HIGHLIGHTS PRODUCTION Advanced lithium project aiming to be the first local lithium Mine Life > 10 years* START 2021/22 supplier into an integrated European battery supply chain Considering PRIME FOCUS ON Move of operational management and headquarters to MARKET Lis
Slide 5: Growing Battery Cluster in Europe
GROWING BATTERY CLUSTER IN EUROPE AUSTRIA FINLAND HUNGARY Plant Type: Batteries Plant Type: Cathode Precursors Plant Type: Batteries Status: Operational Status: Announced Oct 2018 Status: Operational Production Start: Expansion planned Production Start: 2020 Production Start: 2018 Planned Capacity :
Slide 6: European Battery Alliance
EUROPEAN BATTERY ALLIANCE EU launches “Airbus-style consortium for batteries“ ● The global energy storage market is estimated to be worth € 250 billion by 2025 ● Gain independence from Asian production (currently 90% of all batteries for EV come from Asia) ● Facilitation of approval procedures and p
Slide 7: Electromobility – Global Outlook
ELECTROMOBILITY – GLOBAL OUTLOOK McKinsey Benchmark Minerals Intelligence ● EV production will reach more than 26 million globally ● Planned lithium-ion battery capacity in the pipeline for by 2030 the period 2019-2028 has risen from 289 GWh to 1,549 ● China is expected to add approx. 15 million EVs
Slide 8: Lithium Price Development
LITHIUM PRICE DEVELOPMENT Historic underestimation of demand forecast Historic overestimation of supply forecast Longterm Demand Curve – ex-ante / ex-post Demand Curve Analysis (kMT-LCE) Source: SQM - ABBC January 2019 7
Slide 9: European Lithium – Lithium in the Heart of Europe
EUROPEAN LITHIUM – LITHIUM IN THE HEART OF EUROPE ● Production anticipated to commence 2021/22, potential to be the ● Very good local infrastructure & sources of energy in place first battery-grade lithium producer in Europe ● Mining license has been issued permanently under certain terms ● Existing
Slide 10: Geological Resources
GEOLOGICAL RESOURCES Type Million Tonnes Grade Li2O (%) Measured 2.86 1.28 Indicated 3.44 1.08 M&I Total 6.30 1.17 Inferred 4.68 0.78 Total 10.98* 1.00 JORC Code (2012) resource at 0% Li2O cut off ● Positive drill results in Q1 2018 confirm Zone 2 could mirror Zone 1, doubling project resource Sourc
Slide 11: Geology
GEOLOGY Historical Recent Exploration ● Substantial exploration and development work by previous Zone 1 owners include 17,000m of drilling / 1,400m of decline, drives and crosscuts • A deep hole drilling programme comprising four holes totaling 1,750m has verified the extension of the veins to depth
Slide 12: Development Roadmap
DEVELOPMENT ROADMAP* Q3 2017 Q2 2018 Q3/4 2019 ● Increase resource (completed) ● PFS finalised ● Expected completion of DFS ● Measured, indicated & inferred / ● NPV pre-tax: US$ 339.4m ● Decision on location of lithium JORC compliant resource: ● Expected max. mining rate @ 800,000 t/a hydroxide plan
Slide 13: Pre-Feasibility Study - Completed Q2 2018
PRE-FEASIBILITY STUDY - COMPLETED Q2 2018 Highlights ● Accelerated case NPV US$339.4 million, based on only the measured and indicated resource of 6.3 million tons at 1.17% Li2O (JORC compliant). ● Lithium hydroxide production 10,129 t/a in accelerated case (higher quality than previously planned li
Slide 14: Expected Production Costs & Earnings
EXPECTED PRODUCTION COSTS & EARNINGS Total investment volume: US$ 424 million Expected production: • Mining rate: max. 800,000 t/a => approx. 67,000 t/a spodumene concentrate • Feldspar: 136,000 t/a • Quartz: 85,000 t/a Processing: • 67,000 t/a spodumene concentrate => approx. 10,000 t/a Lithium hyd
Slide 15: Development Strategy
DEVELOPMENT STRATEGY AUSRICHTUNG & ENTWICKLUNG STRATEGISCHE ● DFS at max. 800,000 t/a mined should improve NPV significantly ● Drilling to upgrade the “inferred” resource in Zone 1 to measured and indicated resource ● Completion and presentation of the DFS anticipated Q3/4 2019 ● Start permitting pr
Slide 16: DFS Update
DFS UPDATE ● European Lithium European Lithium to participate in a €1,000,000,000 battery production funding programme launched by the German Ministry of Economy • Part of a syndicate of acclaimed industry players • Aim: represent the entire value chain of a sustainable battery production in Europe
Slide 17: Lithium Carbonate & Hydroxide Testproduction
LITHIUM CARBONATE & HYDROXIDE TESTPRODUCTION ● Commissioned Dorfner Anzaplan with the construction of a pilot plant ● Production of spodumene concentrate from lithium-bearing ore from test mining ● Processing of spodumene concentrate to lithium carbonate and hydroxide for testing of potential offtak
Slide 18: Strategic Partners
STRATEGIC PARNTERS ● Geology Adviser - Dr Richard Göd (ex Chief Geologist Minerex) (Austria) ● Exploration Management – Technisches Büro für Geologie (Austria) ● Drilling contractor (underground) – Swietelsky (Austria) ● Drilling contractor (surface) – VA Erzberg (Austria) ● Competent person for JOR
Slide 19: Appendix
EUROPEAN APPENDIX
Slide 20: Key Data
KEY DATA Capital Structure Team Stock Exchange Listings Shares on issue: 558.7 million Board of Directors Primary Listing ASX: EUR Other Listings: 1 Tony Sage Options outstanding : 226.9 million Frankfurt (PF8), Non-Executive Chairman Vienna Stock Exchange (ELI) Malcolm Day Convertible Notes: 1.2 mi
Slide 21: Board of Directors & Management
BOARD OF DIRECTORS & MANAGEMENT Dietrich Wanke Christian Heili Tony Sage CEO Project Director – Non-Executive Chairman Wolfsberg Lithium Project ● Executive Chairman of ASX listed Cape Lambert Resources Ltd and director of ● Experienced Executive Mine ● Experienced mining engineer numerous ASX liste
Slide 22: Lithium in Batteries
LITHIUM IN BATTERIES SMART PHONE LAPTOP TABLET TOYOTA PRIUS TESLA ROADSTER LONDON BUS 2-3g/battery 30-40g/battery 20-30g/battery 3.6kg/battery 40kg/battery 200kg/battery ● Lithium-ion has captured nearly 100% of consumer electronics market ● Nearby all major motor vehicle manufacturers introducing E
Slide 23: European Lithium Limited
EUROPEAN LITHIUM LIMITED www.europeanlithium.com 22
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