European Lithium Ltd. · ASX:EUR
European Lithium — Investor Presentation (September 2020)
23 slides from European Lithium's investor presentation, Sep 14, 2020
Slide 1: Company Presentation announcement
For personal use only 14 September 2020 COMPANY PRESENTATION European Lithium Limited (ASX:EUR, FRA:PF8, NEX:EUR, VSE:ELI) (EUR or the Company) would like to share the Company Presentation that will be used for its ‘virtual’ European road show commencing this week and the ‘virtual’ Australian road s
Slide 2: Wolfsberg Lithium Project Corporate Presentation
For personal use only Wolfsberg Lithium Project Corporate Presentation September 2020
Slide 3: Disclaimer
DISCLAIMER For personal use only This presentation and any additional documents handed out at any meeting or provided directly to potential investors (together the “Presentation Materials”) have not been approved by (i) NEX Exchange Limited or by any authority which could be a competent authority fo
Slide 4: Key Investment Highlights
KEY INVESTMENT HIGHLIGHTS For personal use only Advanced project Aiming to be the first local lithium supplier into an Mine Life > 10 years* integrated European battery supply chain Lithium hydroxide production @ 16,000 US$/t x PFS completed – DFS underway 10,000 t/a Lithium hydroxide x 10 years* Ec
Slide 5: European Battery Alliance
EUROPEAN BATTERY ALLIANCE For personal use only EU committed to “building a strategic battery value chain in Europe“ “Batteries are ● The global energy storage market is estimated to be worth € 250 billion by 2025 vital for our ● EU to gain independence from Asian production (currently 90% of all ba
Slide 6: At the Centre of Growing Battery Cluster in Europe
AT THE CENTRE OF GROWING BATTERY CLUSTER IN EUROPE For personal use only AUSTRIA GERMANY HUNGARY Plant Type: Batteries Plant Type: Batteries Plant Type: Battery packs Status: Construction 2023 Status: Operational Status: Operational Planned Capacity : 16-30 GWh Production Start: 2018 – 3 GWh Product
Slide 7: Electromobility – Global Outlook
ELECTROMOBILITY – GLOBAL OUTLOOK For personal use only 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
Slide 8: Lithium Supply
LITHIUM SUPPLY For personal use only Benchmark Minerals Intelligence ● Investment cycles too short ● Majors pulled back on capital commitments awaiting improved market conditions ● Expansions stalled at critical stage to meet demand growth (2022 onward) ● Market set to move into a structural deficit
Slide 9: Wolfsberg Lithium Project
WOLFSBERG LITHIUM PROJECT For personal use only Bulk extraction from Wolfsberg Lithium Project (Sep/Oct 2013) 7
Slide 10: European Lithium – Lithium in the Heart of Europe
EUROPEAN LITHIUM – LITHIUM IN THE HEART OF EUROPE For personal use only Production anticipated to commence 2023, potential to be the first battery-grade lithium producer in Europe Existing exploration mine in centre of Europe, 270km SW of Vienna, close to Graz and Klagenfurt airport, railway and hig
Slide 11: Pre-Feasibility Study Completed
PRE-FEASIBILITY STUDY COMPLETED For personal use only Highlights Accelerated case NPV US$339.4 million, based on only the measured and indicated resource of 6.3 million tons at 1.17% Li2O (JORC compliant). Lithium hydroxide production 10,129 t/a in accelerated case Planned increase of Measured and I
Slide 12: Geological Resources
GEOLOGICAL RESOURCES For personal use only Type Million Tonnes Grade Li2O (%) Measured 2.86 1.28 Indicated 3.44 1.08 M&I Total 6.30 1.17 Inferred 4.68 0.78 Total 10.98* 1.00 JORC Code (2012) resource at 0% Li2O cut off ● Positive drill results in Q1 2018 confirm Zone 2 could mirror Zone 1, doubling
Slide 13: Geology
GEOLOGY For personal use only Historical Recent Exploration ● Substantial exploration and development work by previous Zone 1 owners include approx. 17,000m of drilling / 1,400m of decline, drives and crosscuts • A deep hole drilling programme comprising four holes totaling 1,750m has verified the e
Slide 14: Expected Production Costs & Earnings
EXPECTED PRODUCTION COSTS & EARNINGS For personal use only Total investment volume: US$ 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.
Slide 15: Development Strategy
DEVELOPMENT STRATEGY For personal use only 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 Start permitting process based on DFS project configuration Prepar
Slide 16: DFS Update
DFS UPDATE For personal use only ● European Lithium to participate in battery production funding programme launched by the German Ministry of Economy (IPCEI) • Part of a syndicate of acclaimed industry players • Aim: represent the entire value chain of a sustainable battery production in Europe ● Ad
Slide 17: Lithium Carbonate & Hydroxide Test Production
LITHIUM CARBONATE & HYDROXIDE TEST For personal use only PRODUCTION ● 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 test
Slide 18: Strategic Partners
STRATEGIC PARTNERS For personal use only ● 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) ● Co
Slide 19: Appendix
For personal use only APPENDIX 17
Slide 20: Key Data
KEY DATA For personal use only Capital Structure* Team Stock Exchange Listings Shares on issue: Board Management Primary - ASX: EUR 668,959,875 Tony Sage Dietrich Wanke Other Listings: Options outstanding1: 20,735,584 Non-Executive CEO Frankfurt (PF8), Chairman Convertible Notes: 1,500 Melissa Chapm
Slide 21: Board of Directors & Management
BOARD OF DIRECTORS & MANAGEMENT For personal use only Dietrich Kimon Tony Sage Malcolm Day Wanke Gkomozias Non-Executive Non-Executive Executive Chairman Director CEO Director ● Experienced Executive Mine ● Finance professional with ● Executive Chairman of ASX listed ● Experienced Surveyor and Civil
Slide 22: Lithium in Batteries
LITHIUM IN BATTERIES For personal use only kg-LCE (Lithium Carbonate Equivalent) Lithium is the key ingredient to today‘s technology *Source: Visual Capitalist,” Lithium: The Fuel of the Green Revolution” February 14, 2017 20
Slide 23: European Lithium Limited
For personal use only EUROPEAN LITHIUM LIMITED www.europeanlithium.com 21
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