Atlantic Lithium Limited. · LSE:ALL
Atlantic Lithium — Investor Presentation (February 2024)
17 slides from Atlantic Lithium's investor presentation, Feb 1, 2024
Slide 1: Investor Presentation
Investor Presentation February 2024 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 Atlantic Lithium Limited (the
Slide 3: Building Ghana's First Lithium Mine
BUILDING GHANA’S FIRST LITHIUM MINE Managing lithium market backdrop Permitting Process • Capital conservation Underway Completion of Stage • Award of key permits and Mining Lease ratification 1 Offtake Process ahead Key Local • Moving to more detailed Stage 2 with prefered parties Stakeholder Secur
Slide 4: Strategically Located
STRATEGICALLY LOCATED Well positioned to become a supplier of choice to rapidly growing North American, European and Asian battery markets • Strategically located in close proximity to rapidly expanding global battery and electric vehicle markets North America and Europe are expected to account fo
Slide 5: Competitive Operational Cost
COMPETITIVE OPERATIONAL COST Competitively placed on the spodumene cost curve, supporting resilient operations through the price cycle Spodumene concentrate 2025 cash cost curve1 800 Benchmark Mineral Intelligence Q3 2023, US$/t concentrate 700 600 Ewoyaa is expected to be one C1 cash cost (US$/t SC
Slide 6: Corporate Snapshot
CORPORATE SNAPSHOT Capital Structure Major Shareholders Issued Capital: 649.7m Top 20 Shareholders: 67.33% Assore Int. Holdings 42.3m 9.3m 701.3m 27.6% Piedmont Lithium Inc Options Performance Rights Fully-diluted share capital 5.0% Minerals Income Investment Fund A$253m / GBP131m 3.0% Board & Manag
Slide 7: MIIF Strategic Investment
MIIF STRATEGIC INVESTMENT MIIF to support development of Ewoyaa and broader lithium portfolio in Ghana – Subscription completed and Ghana Portfolio investment in progress Subscription at listed company Level US$5m - 19,245,574 Atlantic Lithium shares at US$0.2598 per share TopCo - One warrant for ev
Slide 8: Ewoyaa Mining Lease Granted
EWOYAA MINING LEASE GRANTED Ewoyaa on track to become a top 10 hard rock spodumene concentrate mine* • 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 objectives • Terms maintain t
Slide 9: 50% Offtake Available
50% OFFTAKE AVAILABLE Competitive offtake partnering process underway • Attracting funding offers to expediate Ewoyaa development and realise Project value • Secure well-credentialled partner • Enhance relationships across battery supply chain • Considering potential broader strategic collaboration
Slide 10: Pathway to Production
PATHWAY TO PRODUCTION Targeting first concentrate 2025 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 Modular DMS Main plant R
Slide 11: Environmental Activities
ENVIRONMENTAL ACTIVITIES The Environmental and Social Performance actions completed in January 2024 include the following: COMPLETED Finalised the draft EPA site visit, Conducted Completed the Scoping Report and focus on stakeholder review of specialist specialist reports for strategies for engageme
Slide 12: Social Activities
SOCIAL ACTIVITES The Environmental and Social Performance actions completed in January 2024 include the following: COMPLETED Submitted and Engaged with regional Initiated the endorsed the Pre- House of Chiefs and compensation Resettlement Action traditional authorities negotiations Plan (PRAP) and t
Slide 13: 2023/2024 Exploration Programme
2023/2024 EXPLORATION PROGRAMME • Increased 29,500m infill, extensional, exploration, sterilisation & studies drilling programme underway • Multiple high-grade drill intersections reported in the current programme to date, including 106m continuous pegmatite intersection reported at Dog-Leg target,
Slide 14: Targeting Shovel Readiness
TARGETING SHOVEL READINESS Low-cost producer 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 long lead items mining
Slide 15: Appendix
ATLANTIC LITHIUM Appendix
Slide 16: Reserves and Resources
RESERVES AND RESOURCES Grade 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 dated 1 February 2023
Slide 17: Atlantic Lithium Limited contact details
http://www.atlanticlithium.com.au/ info@atlanticlithium.com.au Atlantic Lithium Limited Level 17, Angel Place, 123 Pitt Street, Sydney, NSW 2000
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