Slide 1: San José Lithium Project Scoping Study
SAN JOSÉ LITHIUM PROJECT Integrated Underground Mine & Lithium Hydroxide Production Scoping Study www.infinitylithium.com 1
Slide 2: Disclaimer: Scoping Study Cautionary Statement
Disclaimer Scoping Study – Cautionary Statement The Scoping Study referred to in this announcement has been undertaken to assess the viability of an underground-only mining operation and integrated lithium chemical production facility at the San José Lithium Project. It is a preliminary technical an
Slide 3: Disclaimer: For Consideration
Disclaimer For Consideration This presentation has been prepared by Infinity Lithium Corporation Limited “Infinity Lithium”. This document contains background information about Infinity Lithium current at the date of this presentation. The presentation is in summary form and does not purport to be a
Slide 4: San José Lithium Project Overview
SAN JOSÉ LITHIUM PROJECT OVERVIEW San Jose Lithium Project Underground Raw Material Extraction • 2nd largest hard rock The revised project dynamics acknowledge social, environmental and lithium deposit in the EU permitting queries to provide: • Fully integrated to produce • Improved societal impact
Slide 5: Scoping Study Key Metrics
SCOPING STUDY KEY METRICS(1) Pre-Production CAPEX ROM LOM Producing steady- average Production state average Contingencies(2) General & Mining 2Mtpa 26 years 19.5ktpa US$ of battery grade 46.7m Lithium Hydroxide US$72.8m NPV10 (pre tax) IRR(pre tax) Total Revenues LOM Total US$811m 25.6% US$7.9bn Pr
Slide 6: San José: Location & Infrastructure
SAN JOSÉ: LOCATION & INFRASTRUCTURE Renewable Major Natural Gas Key Infrastructure for a Fully Integrated Project Pipeline Electricity & Highways Substation Major Battery Materials 250km MATSA Copper Project Gas pipeline Photovoltaic Energy Major Roadway Mines Infinity Lithium Corporation Limited 6
Slide 7: San José: Underground Mine
SAN JOSÉ: UNDERGROUND MINE Resource Proposed LOM Underground Portal Indicated & Inferred Mine Pre-Production Underground Decline Crown Pillar ~ 40m Mining CAPEX Ventilation US$36m Mining fleet Decline purchases Stoping Opportunities & Upside: Resource conversion & expansion – San José is a historic
Slide 8: San José: Underground Mine – Minimising Environmental Impacts & Maximising Employment
SAN JOSÉ: UNDERGROUND MINE MINIMISING ENVIRONMENTAL IMPACTS & MAXIMISING EMPLOYMENT Direct response to EU and local requirements: Long Life Project: LOM 26 years Increased direct & indirect employment Reduced surface tailings & no material visible impact from mining operations Increased output to su
Slide 9: Local Workforce Highlights
LOCAL WORKFORCE HIGHLIGHTS San José is committed to generating long term skilled labour for the region Total Direct Key Infrastructure for a Fully Integrated Project Employment 710 (Sandfire Resources) Underground Mining Project Total Workforce: ~750 people / 90% permanent General & Generates ~ 4,00
Slide 10: Reduced Surface Tailings
REDUCED SURFACE TAILINGS Average ROM 2Mtpa Renewed tailings footprint from Underground Scoping Study 2021 Paste Infill • Reduced surface tailings 55% CAPEX • Reduced surface waste by >50% – tailings paste infill underground Surface • Potential to rehabilitate local quarry 45% Previous tailings footp
Slide 11: Potential Alignment to Extremadura's Vast Renewable Energies
POTENTIAL ALIGNMENT TO EXTREMADURA’S VAST RENEWABLE ENERGIES Scoping Study based on traditional underground mining methods Extremadura: the region with the highest installed solar photovoltaic power capacity in Spain (22% of total)(1) 100% Green energy certificate or Electrification Renewable is the
Slide 12: EU Market Imbalance to Drive Demand
EU MARKET IMBALANCE TO DRIVE DEMAND San José increased output >25% from PFS Alignment to burgeoning EU demand 700 EU LCE Demand from EVs(1) 70% EU > 1,000GWH LiB GIGAFACTORIES BY 2030(2) • EU demand based on EV penetration rate current global supply 600 60% 500 50% TOTAL GLOBAL DEMAND 2030 FORECAST
Slide 13: Timeline to Production
TIMELINE TO PRODUCTION 2021 2022 2023 2024 2025 2026 Test Work Pilot Plant Feasibility Study & FEED Financing & Final Investment Decision Construction & Mine Development Commissioning Production Offtake Permitting & Approvals Infinity Lithium Corporation Limited 13
Slide 14: Summary
SUMMARY Working with local stakeholders to highlight improved societal impacts and permitting pathway Large scale and long-life project to provide increased direct and indirect employment for the locality of Cáceres Robust project economics support increase production of battery grade lithium hydrox
Slide 15: Contact Us
CONTACT US This release is authorised by the Managing Director AUSTRALIA SPAIN Unit 32, Level 3, Caceres 22 Railway Road Extremadura Mining S.L. Subiaco, 6008 Calle Juan de la Cierva n 18 Western Australia Cáceres. Spain T: +61 (0)8 6146 5325 T: +34 927 208 134 E: admin@infinitylithium.com E: admin@
Slide 16: Appendix 1: Study Team
APPENDIX 1: STUDY TEAM Company Department Personnel Position & Details Infinity Lithium Technical Advisory Committee Jon Starink Executive Director /CTO: Process Engineer Infinity Lithium Technical Advisory Committee Dr David Maree Director: Process Engineer Infinity Lithium Geology and Mining Adria
Slide 17: Appendix 2: Project Highlights
APPENDIX 2: PROJECT HIGHLIGHTS (REVERT TO CAUTIONARY STATEMENT ON SLIDE 2) Validating Strong Economics with Increased Output & Underground Mine NPV₁₀ Pre-tax US$811M IRR Pre-tax 25.7% Total Revenue From Lithium Hydroxide US$7.9Bn CAPEX² (Pre-production) US$459M OPEX1 US$6,399/t Capital Intensity3 $U
Slide 18: Appendix 3: Project Economics
APPENDIX 3: PROJECT ECONOMICS (REVERT TO CAUTIONARY STATEMENT ON SLIDE 2) Assumption Unit Average long-term lithium hydroxide price US$/t 17,000 Exchange Rate €: US$ 1.15 Discount Rate (pre-tax) % 10% Conversion Factor Li2O : Li2CO3 : 2.473 Conversion Factor LiOH.OH : Li2CO3 : 0.880 Beneficiation Re
Slide 19: Appendix 4: Mineral Resources & Mineable Material
APPENDIX 4: MINERAL RESOURCES & MINEABLE MATERIAL Class Tonnes (Mt) Li (%) Li2O (%) Indicated Resources 59.0 0.29 0.63 Inferred Resources 52.2 0.27 0.59 TOTAL 111.3 0.28 0.61 Table 1: 2018 MRE San José at a 1,000ppm lithium cut-off Class Tonnes (Mt) Li (%) Li2O (%) Indicated Resources 36.80 0.35 0.7
Slide 20: Appendix 5: Tenure and Ownership
APPENDIX 5: TENURE AND OWNERSHIP Investigation Permit Application San José Area Reference Entity Status Investigation Permit Valdeflórez Investigation Permit Valdeflórez Cancelled – subject to contentious- 10C10343-00 TEL (‘PIV’) administrative appeal Investigation Permit Ampliación 10C10359-00 TEL