European Metals Holdings Ltd · LSE:EMH
European Metals — ShareCafe Small Cap "Hidden Gems" Webinar 2022
25 slides from European Metals's conference presentation, Nov 11, 2022
Slide 1: Investor Webinar Presentation
11 November 2022 INVESTOR WEBINAR PRESENTATION European Metals Holdings Limited (ASX & AIM: EMH, OTCQX: EMHXY, ERPNF and EMHLF) (“European Metals” or the “Company is pleased to announce its participation in the ShareCafe Small Cap "Hidden Gems" Webinar, to be held Friday 11th of November 2022 from 1
Slide 2: Advisers and enquiries
11 November 2022 WH Ireland Ltd (Nomad & Joint Broker) James Joyce/Darshan Patel Tel: +44 (0) 20 7220 1666 (Corporate Finance) Harry Ansell (Broking) Panmure Gordon (UK) Limited (Joint Broker) Tel: +44 (0) 20 7886 2500 John Prior Hugh Rich James Sinclair Ford Harriette Johnson Blytheweigh (Financial
Slide 3: The Cinovec Project
The Cinovec Project Ethically-sourced European battery metals to power Europe’s sustainable future November 2022
Slide 4: Disclaimer & Cautionary Statement
DISCLAIMER & CAUTIONARY STATEMENT DISCLAIMER This presentation has been prepared by European Metals Limited (“European Metals” or the “Company”). It is not a disclosure document and should not be considered as an offer or invitation to subscribe for, or purchase any securities in the Company or as a
Slide 5: European Metals Holdings
EUROPEAN METALS HOLDINGS Keith Coughlan Executive Chairman (Australia) POWERING SUSTAINABLE EUROPEAN E-MOBILITY Richard Pavlik Executive Director (Czech Republic) Integrated mine & lithium processing plant Kiran Morzaria Non-Executive Director (UK) Lincoln Bloomfield Non-Executive Director (USA) Lar
Slide 6: EU Auto Regulations Support Significant EV Uptake
EU AUTO REGULATIONS SUPPORT SIGNIFICANT EV UPTAKE EU spends big on Just Transition Fund climate change €40 billion fund to EU €1 Trillion to be spent transition fossil fuels to on European Green green energy Deal by 2030 EU Legislation EU self sufficiency EU CO2 targets tighten Introduction of Targe
Slide 7: European EV Sales Booming
EUROPEAN EV SALES BOOMING New Car Sales September - 2022 Other PHEV 0.6% Other 5.5% PHEV PHEV 3.6% Diesel 12.6% 8.2% 4.6% Petrol 32.2% Diesel Petrol 14.4% 37.0% Petrol Diesel 40.7% 17.0% HEV (plugless) 32.3% HEV (plugless) HEV (plugless) 20.9% 17.8% BEV 19.7% BEV BEV 15.9% 16.9% Germany France Unite
Slide 8: Proximity to End Users
PROXIMITY TO END USERS Planned Battery Cell Production Capacity [GWh] Localized hydroxide close to key cathode, battery & auto makers. Critical for EU’s 80% supply security target Cinovec Announcements Total 2022: Total 2025: Total 2030:
Slide 9: Europe Driving Exponential Global EV Sales Growth
EUROPE DRIVING EXPONENTIAL GLOBAL EV SALES GROWTH Europe’s Top 5 EV Lithium Battery Makers 2022 v 2030 (annual capacity in GWh) Tesla Berlin 2022 2030 Largest battery 150 150 gigafactory in the world (Oct 2021 Completed) 120 120 90 90 GWh GWh 60 60 30 30 0 0 LG Chem Samsung SDI SK Innovation Northvo
Slide 10: Battery Grade Lithium Undersupply
BATTERY GRADE LITHIUM UNDERSUPPLY 4000000 3500000 LITHIUM 3000000 “The irreplaceable element for the 2500000 electric era” VW Ba�ery-Grade Supply/Demand t 2000000 DEMAND / SUPPLY 1500000 HYDROXIDE 1000000 For high energy, long range batteries 500000 0 -500000 CHINA RELIANCE 83% global hydroxide prod
Slide 11: Cinovec - Largest Hard Rock Project in EU
CINOVEC - LARGEST HARD ROCK PROJECT IN EU 8 7.39 Rest of Bigger than all other hard rock the EU projects in the EU combined (Mt 6 Cinovec contained LCE) 65.5% 4 2 1.68 0.73 0.71 0.38 0.27 European Infinity Zinnwald Savannah Keliber European Metals Lithium Lithium Resources Lithium
Slide 12: Simplified Flowsheet Produces 99.99% Pure Lithium Carbonate
SIMPLIFIED FLOWSHEET PRODUCES 99.99% PURE LITHIUM CARBONATE High-grade Lithium End-Products Testwork produced high quality lithium carbonate products, compared with the published global standard specification: Li2CO3 Na K Mg Ca Mn Fe Ni Cu Zn Al Si Pb SO42- Cl % ppm ppm ppm ppm ppm ppm ppm ppm ppm p
Slide 13: Simplified Process Flowsheet
SIMPLIFIED PROCESS FLOWSHEET LIMESTONE GYPSUM MICA WATER CONCENTRATE RESIDUE TO TAILINGS ROAST LEACH FILTER MIXED SALT IMPURITY REMOVAL CRYSTALLISATION LITHIUM PHOSPHATE LITHIUM PHOSPHATE CONVERSION REAGENT REGENERATION LITHIUM SULPHATE PURE LITHIUM SULPHATE MONOHYDRATE SULPHURIC ACID CRYSTALLISATIO
Slide 14: High Quality Infrastructure
HIGH QUALITY INFRASTRUCTURE Fast low cost transportation of lithium concentrate to chemical MINE plant CHEMICAL PLANT Adjacent to road and rail lines connecting Cinovec to ROAD European customers RAIL Solar power/Green energy close by mine and processing site along with established water POWER WATER
Slide 15: Positive ESG Profile
POSITIVE ESG PROFILE Solar power proposed Recycled Short, localized water/reagents supply chain Electric mining Strong community fleet proposed support Historic Mine Coal transition/rehabilitation Benign reagents Single roast low-heat potentially using Use of green Hypex Green Hydrogen Bio Explosive
Slide 16: LCA – World Leading Decarbonised Case
LCA – WORLD LEADING DECARBONISED CASE ● Use of Solar Power/Green Energy ● Electric Mining Fleet ● Hypex Bio Explosive ● Use of Green Hydrogen
Slide 17: Strategic Partnerships
STRATEGIC PARTNERSHIPS ● Czech national power company Mkt Cap EUR17B ● Strong community and government relationships ● Invested EUR 29m at project level ● Heading consortium to build Li ion battery factory in Czech ● Significant investment in green energy solutions for Cinovec ● Principal facilitato
Slide 18: PFS Highlights
PFS HIGHLIGHTS Annual production 29,386 tpa battery grade LiOH.H2O $1.938 7.39 Mt LCE Billion 0.64 Mt LCE measured Total JORC resource 3.88 Mt LCE indicated NPV 2.87 Mt LCE inferred (8%, after tax) Construction Capital costs $643.8 million Operating costs $6,727/t LiOH.H2O 36.3% (without credits) IR
Slide 19: Catalysts to Drive Shareholder Wealth
CATALYSTS TO DRIVE SHAREHOLDER WEALTH Key Accomplishments Appointment of lead engineer Partnership agreement with EU body Strategic partnership with CEZ – project fully funded to FID Completion of PFS demonstrating strong economics and low cost of production for underground mining Production of batt
Slide 20: Board & Management Team
BOARD & MANAGEMENT TEAM KEITH COUGHLAN RICHARD PAVLIK KIRAN MORZARIA LINCOLN BLOOMFIELD (AUS) (CZ) (GB) (USA) MANAGING DIRECTOR EXECUTIVE DIRECTOR NON EXECUTIVE DIRECTOR NON EXECUTIVE DIRECTOR CEO & Director of EMH’s largest shareholder, Former US Ambassador & official specialising 30 years stockbro
Slide 21: European Metals Holdings
EUROPEAN METALS HOLDINGS ASX : EMH LON : EMH OTCQX : EMHXY Frankfurt : E861.F ERPNF Keith Coughlan Executive Chairman +61 419 996 333 keith@europeanmet.com www.europeanmet.com
Slide 22: Project Summary
PROJECT SUMMARY • Large 2.25mtpa underground mining operation with paste backfill. • Underground primary and secondary crushing. • Rope conveyor to beneficiation plant. • Wet magnetic separation and flotation of lithium concentrate. • Locked Cycle Test verifies production of battery grade lithium ca
Slide 23: Underground Mine
UNDERGROUND MINE Historic underground mine for high-grade tin/tungsten veins, closed in 1993. Over 89,000m historic diamond drilling, 21.5km historic drive development. EMH confirmation drilling 20,756m, further geotech drilling in progress. CINOVEC OCTOBER 2021 RESOURCE SUMMARY The upper portion of
Slide 24: Cinovec - Long Section
CINOVEC - LONG SECTION 900 N S 800 700 600 500 Hole From To Width Li2O% Hole From To Width Li2O% CIW-25 9.5 373 361.5 0.43 CN-17 22 224 202 0.62 CIW-26 173.75 410 236.25 0.49 CIW-22 123 387.5 264.5 0.54 CN-86 81.8 230.9 149.1 0.48 CN-81 1 224 223 0.52 Refer ASX Announcement dated 13 October 2021 Res
Slide 25: Cinovec – Resource Aerial View
CINOVEC – Resource Aerial View
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