Lithium Energy Ltd. · ASX:LEL
Lithium Energy — Paydirt's 2022 Battery Minerals Conference
26 slides from Lithium Energy's conference presentation, Apr 7, 2022
Slide 1: Market Announcement: Presentation at Paydirt's 2022 Battery Minerals Conference
Thursday, 7 April 2022 ASX Code: LEL MARKET ANNOUNCEMENT Presentation at Paydirt’s 2022 Battery Minerals Conference Lithium Energy Limited (ASX:LEL) (Lithium Energy or the Company) is pleased to announce its participation at Paydirt’s 2022 Battery Minerals Conference, held on 6 and 7 April 2022 in P
Slide 2: Lithium Energy Limited
LITHIUM ENERGY LIMITED Paydirt Battery Minerals Conference| Western Australia 6 & 7 April 2022 ASX:LEL
Slide 3: Lithium Energy - One of the Best Performing IPO's of 2021
Lithium Energy - One of the Best Performing IPO’s of 2021 A$ High: 1.33 1.20 Fully Paid Ordinary Shares 80,010,000 1.00 Options (ex. Price: $0.30, $1.39) 17,500,000 0.80 Market Capitalisation (@ $1.00) $80 Million 0.60 Cash (as at 31 March 2022) $7.1 Million 0.40 IPO Issue Price: 0.20 May Jun Jul Au
Slide 4: Unique exposure to the two most important ingredients for Lithium-ion batteries
Unique exposure to the two most important ingredients for Lithium- ion batteries: Lithium and Graphite • Adjacent to and in same lithium • High grade flake graphite deposit in brine basin as Allkem’s low risk jurisdiction (ASX/TSX:AKE) lithium • Favourable testwork results for EV production project
Slide 5: Increase in demand for Lithium & Graphite
Growth in electric vehicle (EV) sales is leading to substantial increase in demand for Lithium & Graphite 1,000 KT 14,000,000 LCE 250 KT 2020 2025 50 KG LITHIUM CARBONATE EQUIVALENT (LCE) 3,000,000 450 KG 2020 2025 50 KG GRAPHITE GRAPHITE TYPICAL 60 KWH 200 KT EV BATTERY 2020 2025 Source: Bloomberg
Slide 6: Lithium Prices have increased dramatically since late 2020
Lithium Prices have increased dramatically since late 2020 Factors driving the increase in LCE pricing include: • Rising global demand for EVs. • European government subsidies – 1/3 of all new European passenger car sales are now ‘alternatively’ powered. • China has invested $60 Billion to support E
Slide 7: Solaroz Lithium Brine Project
Solaroz Lithium Brine Project Located within the Salar de Olaroz Basin in South America’s ‘Lithium’ Triangle in north- west Argentina, the Solaroz Lithium Project (Solaroz) comprises 12,000 hectares of highly prospective lithium mineral tenements. 6
Slide 8: Solaroz is located in the prolific 'Lithium Triangle'
Solaroz is located in the prolific ‘Lithium Triangle’ in Argentina • World’s largest reserves of lithium are found in the Lithium Triangle. • Argentina is the world’s third largest producer of lithium after Australia and Chile. • Solaroz is located in an extremely prospective part of the Lithium Tri
Slide 9: Lithium Brine Projects have significant advantages
Lithium Brine Projects have significant advantages when compared to hard rock lithium Operating costs are lower | Simple production process | More Environmentally Friendly 1 1 Salt flat 8
Slide 10: Solaroz is located in a highly prospective location
Solaroz (LEL 90%1) is located in a highly prospective location • 12,000 Hectares of tenements adjacent to Allkem (ASX/TSX:AKE, Mkt.Cap. ~A$8.55 Billion) (formerly Orocobre Limited) and Lithium Americas Corporation (NYSE/TSX:LAC, Mkt.Cap ~US$4.64 Billion). • AKE (Salar de Jujuy JV with Toyota Tsusho
Slide 11: Exploration Target of 1.5 to 8.7 Million Tonnes of LCE
Exploration Target of 1.5 to 8.7 Million Tonnes of LCE @ 500 – 700mg/L Li for Solaroz1 The Exploration Target’s potential quantity and grade is conceptual in nature, there has been insufficient exploration to estimate a Mineral Resource, and it is uncertain if further exploration will result in the
Slide 12: Majority of Solaroz tenements within same Salar Basin as Allkem
The Themajority of of majority thethe Solaroz tenements Solaroz are are tenements located within thin same 20km Salar of Allkem’s northern bore field (Basin) and within same Salar (Basin) Photo taken here, looking south 11
Slide 13: Interpretation of historical exploration highlights Solaroz prospectivity
Interpretation of historical exploration highlights Solaroz prospectivity • Historical Gravity and Audio-frequency Magnetotellurics (AMT) Surveys conducted by Allkem1 intersect or are adjacent to Solaroz tenements – Gravity readings assist in providing thickness of Salar sediments, and structural br
Slide 14: AMT Surveys demonstrate potential for lithium rich brine under Solaroz
AMT Surveys in particular demonstrate potential for Lithium rich brine to extend under Solaroz tenements • Interpretation of North AMT Surveys shows conductive brines extending underneath Payo and Chico tenements • Interpretation West AMT Survey shows conductive brines extending underneath Mario Ang
Slide 15: Next Steps for Solaroz
Next Steps for Solaroz • Environmental approvals for 2 year work programme already received from local (Jujuy) Mining Authority for 2 out of 8 Solaroz tenements - final 6 approvals are pending. • Exploration programme to include: – Mapping, sampling and geophysics (including Passive Seismic) to vali
Slide 16: Burke Graphite Project
Burke Graphite Project Located in Queensland the Burke Graphite Project is one of the highest-grade graphite deposits globally, with confirmed potential for Graphite and Graphene production suitable for use in lithium-ion batteries. 15
Slide 17: Burke is one of the highest-grade graphite deposits globally
The Burke Graphite Project is one of the highest-grade graphite deposits globally ASX Listed Company Graphite Projects ASX Listed Company Graphite Projects Vittangi, Sweden (TLG) Mt Dromedary, Queensland (NVX) Balama, Mozambique (SYR)* Burke, Queensland (LEL) Lindi Jumbo, Tanzania (WKT)* Kookaburra
Slide 18: Burke Graphite Deposit (LEL 100%), Queensland, Australia
Burke Graphite Deposit (LEL 100%), Queensland, Australia One of the world’s highest-grade deposits of flake graphite • JORC Inferred Mineral Resource 6.3 million tonnes @ 16.0% Total Graphitic Carbon (TGC) for 1,000,000 tonnes of contained graphite1. • Includes 2.3 million tonnes @ 20.6% TGC (with a
Slide 19: Purified Spherical Graphite opportunity
Purified Spherical Graphite opportunity Burke Graphite • Purified Spherical Graphite (PSG) is used as anode material for lithium-ion batteries • The demand for PSG is set to increase ten-fold over the next decade. • Most PSG comes from China using highly toxic ingredients for purification • Opportun
Slide 20: Next Steps for Burke Graphite
Next Steps for Burke Graphite Testwork and Studies • Further testwork by CSIRO and others to provide samples to potential off- take partners • Studies for PSG manufacturing facility Exploration – Corella Prospect • High Grade Graphite occurs from surface sampling at Corella prospect • Graphite outcr
Slide 21: Highly experienced Board with strong Leadership, Technical and Commercial skills
Lithium Energy Limited has a highly experienced Board with strong Leadership, Technical and Commercial skills Chairman - William Johnson Director- Mr Farooq Khan MA (Oxon), MBA, MAICD Bjuris, LLB (Western Australia) Mr Johnson holds a Masters degree in Engineering Science from Farooq Khan is a quali
Slide 22: Summary - well positioned and funded for forecast demand growth
Summary – Lithium Energy is well positioned and funded to take advantage of forecast global growth in demand for key battery minerals Lithium 14,000,000 • Solaroz offers significant upside potential, given its location next to Allkem’s producing project – a great address! • Exploration program to te
Slide 23: Australia
Australia William Johnson Executive Chairman Lithium Energy Limited Tel: +61 8 9214 9737 Mob: +61 419 047 460 wjohnson@lithiumenergy.com.au 22
Slide 24: About this Document / Forward Looking Statements
ABOUT THIS DOCUMENT This document has been prepared by Lithium Energy Limited (the "Company” or “LEL”). No representation, expressed or implied, or warranty as to the accuracy or completeness of the information contained herein is made by any party and nothing contained herein shall be relied upon a
Slide 25: JORC Code Competent Person's Statements
JORC CODE COMPETENT PERSON’S STATEMENTS JORC Code (2012) Competent Person Statement – Solaroz Lithium Project (Argentina) The information in this release that relates to Exploration Targets and Exploration Results in relation to the Solaroz Lithium Project is extracted from the following ASX market
Slide 26: JORC Code Competent Person's Statements (continued)
JORC CODE COMPETENT PERSON’S STATEMENTS (CONTINUED) b) The information in this release that relates to metallurgical test work results in relation to the Burke Graphite Project is extracted from the following ASX market announcements made by Strike dated: • 16 October 2017 entitled “Test-work confir
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