Atlantic Lithium Limited. · LSE:ALL
Atlantic Lithium — Investor Presentation (December 2023)
18 slides from Atlantic Lithium's investor presentation, Dec 15, 2023
Slide 1: Investor Presentation December 2023
For personal use only Investor Presentation December 2023 CHARGING THE CHANGE
Slide 2: Important & Cautionary Statement
IMPORTANT & CAUTIONARY STATEMENT IMPORTANT NOTICE CAUTIONARY STATEMENTS These presentation slides (the “Slides”) have been prepared by The information in the Slides that relates to Ore Reserves, Mineral Forward-looking information is developed based on assumptions about For personal use only Atlanti
Slide 3: Building Ghana's First Lithium Mine
BUILDING GHANA’S FIRST LITHIUM MINE For personal use only On Track to Deliver • Funding partner and 50% offtake secured Strong Project • Mining Lease granted Credentials • Permitting process Excellent Project • Access to infrastructure underway Economics • Minimal footprint • Strong commercial • A p
Slide 4: Corporate Snapshot
CORPORATE SNAPSHOT Capital Structure Major Shareholders For personal use only Issued Capital: 612.2m Top 20 Shareholders: 69.10% Assore Int. Holdings 25.27% 33.65m 645.9m Piedmont Lithium Inc Options Fully-diluted share capital 9.29% Board & Management A$315m GBP164m 2.96% Market Capitalisation (51c
Slide 5: Globally Significant Asset
GLOBALLY SIGNIFICANT ASSET Targeted spodumene concentrate production capacity (ktpa, 100% basis)* For personal use only Production Development+ 3rd Exploration Largest anticipated production Anticipated steady state capacity in Africa production of 365ktpa 5th Largest developer by anticipated produc
Slide 6: Ewoyaa Mining Lease Granted
EWOYAA MINING LEASE GRANTED Ewoyaa on track to become a top 10 hard rock spodumene concentrate mine* For personal use only • Mining Lease represents major de-risking milestone • Alignment with the Government’s Green Minerals Policy • Partner of choice in Ghana’s long-term lithium value chain objecti
Slide 7: Key Metrics
KEY METRICS* Economic outcomes place Ewoyaa as an industry-leading asset 12-year 12-year For personal use only 365ktpa US$1.3bn 94% Steady state production NPV8 Life of Mine IRR US$6.6bn 4.7Mt US$185m US$675/t LOM revenues Secondary Product Capital Cost All in Sustaining Cost (Low-grade Li2O) GHANA
Slide 8: MIIF Strategic Investment
MIIF STRATEGIC INVESTMENT Non-binding Heads of Terms agreed to support development of Ewoyaa and broader lithium portfolio in Ghana For personal use only 6% contributing interest in US$27.9m Cape Coast Lithium Portfolio subsidiaries Project level US$43.9m Funding of development, exploration and US$1
Slide 9: Near-Term Offtake Available
NEAR-TERM OFFTAKE AVAILABLE Serving the growing North American and European EV market from West Africa For personal use only OFFTAKE PARTNERS SC6 50% Agreed OEMs SC5.5 Battery 50% gigafactories Available Traders 3.6Mt* Chemical concentrate processors production * Based on DFS announcement; refer to
Slide 10: MIIF to Contribute to Project Funding
MIIF TO CONTRIBUTE TO PROJECT FUNDING Total Capex For personal use only Atlantic Lithium funding requirement • Piedmont sole funding through to July 2024 • 50% available offtake to fund remaining capex • Early modular DMS revenue to reduce peak capex Page 10
Slide 11: Pathway to Production
PATHWAY TO PRODUCTION Targeting first concentrate 2025 For personal use only MRE Update Transmission Commence earthworks & Commissioning DMS Plant Site power Resource: 35Mt (incl. FEED line construction mobilise mining contractor available and start-up 28Mt Measured & Indicated) DFS Deployment of Mo
Slide 12: New Licences Granted
NEW LICENCES GRANTED Granted highly prospective Bewadze and Senya Beraku licences • Bewadze situated adjacent to historic For personal use only Egyasimanku Hill occurrence, where spodumene pegmatites have been observed • Little/no modern exploration completed to-date • Licences benefit from impressi
Slide 13: 2023 Exploration Programme
2023 EXPLORATION PROGRAMME • Increased 26,500m infill, extensional, exploration & studies For personal use only drilling programme underway • Multiple high-grade drill intersections reported in the current programme to date • Soil sampling underway over the Cape Coast licence • 20,000m regional expl
Slide 14: Growth Catalysts
GROWTH CATALYSTS Targeting shovel readiness For personal use only EPA Permitting Flotation, Feldspar & Scoping report and terms of reference Downstream Conversion complete Studies underway aiming to enhance Project economics Operational Readiness Project Build Key contracts; Transmission line and lo
Slide 15: Appendix
For personal use only Appendix
Slide 16: Reserves and Resources
RESERVES AND RESOURCES Grade For personal use only Mineral Reserves** Tonnes (Mt) (% Li2O) Probable 25.6 1.22 Grade Mineral Resources* Tonnes (Mt) (% Li2O) Measured 3.5 1.37 Indicated 24.5 1.25 Inferred 7.4 1.16 Total 35.3 1.25 * Refer to important and cautionary statement on Page 2 and MRE release
Slide 17: Targeted Spodumene Production Capacity
TARGETED SPODUMENE PRODUCTION CAPACITY Announcement Targeted production capacity Company Company code Project name Development stage*** Asset location Announcement title date (ktpa, 100% basis)* IGO IGO (ASX) Greenbushes Production Australia Diggers and Dealers Mining Forum Presentation 9-Aug-23 2,0
Slide 18: For personal use only
For personal use only http://www.atlanticlithium.com.au/ [email protected] Atlantic Lithium Limited Level 17, Angel Place, 123 Pitt Street, Sydney, NSW 2000
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