Lithium Energy Ltd. · ASX:LEL
Lithium Energy — Canaccord Genuity South-West Connect ASX Showcase 2021
26 slides from Lithium Energy's conference presentation, Oct 26, 2021
Slide 1: Presentation at Canaccord Genuity South-West Connect ASX Showcase
Tuesday, 26 October 2021 ASX Code: LEL MARKET ANNOUNCEMENT For personal use only Presentation at Canaccord Genuity South-West Connect ASX Showcase Lithium Energy Limited (ASX:LEL) (Lithium Energy or the Company) is pleased to announce its participation in the Canaccord Genuity South-West Connect ASX
Slide 2: Lithium Energy Limited
For personal use only LITHIUM ENERGY LIMITED Canaccord Genuity South-West Connect ASX Showcase | Western Australia ASX:LEL 27 & 28 October 2021
Slide 3: Raised $9,000,000 at IPO to develop two battery minerals projects
Lithium Energy (ASX:LEL) raised $9,000,000 at IPO in May 2021 to fund the development of two highly prospective Battery Minerals projects For personal use only • Adjacent to and in same lithium • High grade flake graphite deposit in brine basin as Orocobre’s low risk jurisdiction (ASX/TSX:ORE) lithi
Slide 4: Lithium Energy Share Price and Capital Structure
Lithium Energy Share Price and Capital Structure For personal use only Jun-21 Jul-21 Aug-21 Sept-21 Oct-21 Fully Paid Ordinary Shares 80,010,000 Options (ex. Price $0.30) 14,000,000 Market Capitalisation (@ $0.68) $54 Million Cash (as at 30 September 2021) $7.6 Million 3
Slide 5: Growth in EV sales is increasing demand for lithium and graphite
Growth in electric vehicle (EV) sales is leading to substantial increase in demand for Lithium & Graphite For personal use only 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 2
Slide 6: Lithium Carbonate Prices have increased over 100% since late 2020
Lithium Carbonate Prices have increased over 100% since late 2020 For personal use only 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 inve
Slide 7: Solaroz Lithium Brine Project
For personal use only 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 in Argentina
Solaroz is located in the prolific ‘Lithium Triangle’ in Argentina For personal use only • 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 p
Slide 9: Lithium brine projects have advantages over hard rock lithium
Lithium Brine Projects have significant advantages when compared to hard rock lithium For personal use only 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 For personal use only • 12,000 Hectares of tenements adjacent to Orocobre (ASX/TSX:ORE, Mkt.Cap. ~A$5.8 Billion) and Lithium Americas Corporation (NYSE/TSX:LAC, Mkt.Cap ~US$3.1 Billion). • ORE (Salar de Jujuy JV with Toyota Tsusho Corp.)
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 For personal use only 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 explorati
Slide 12: Solaroz tenements are within the same Salar as Orocobre
The Themajority of of majority thethe Solaroz tenements Solaroz are are tenements located within thin same 20km Salar of Orocobre’s northern bore field (Basin) and within same Salar (Basin) For personal use only Photo taken here, looking south 11
Slide 13: Interpretation of historical exploration highlights Solaroz prospectivity
Interpretation of historical exploration highlights Solaroz prospectivity For personal use only • Historical Gravity and Audio-frequency Magnetotellurics (AMT) Surveys conducted by Orocobre1 intersect or are adjacent to Solaroz tenements – Gravity readings assist in providing thickness of Salar sedi
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 For personal use only • Interpretation of North AMT Surveys shows conductive brines extending underneath Payo and Chico tenements • Interpretation West AMT Survey shows conductive brines extendin
Slide 15: Next Steps for Solaroz
Next Steps for Solaroz For personal use only • Environmental Impact Assessment (EIA) pending approval by regional mining authority (Jujuy) to cover 2 year work programme including: – Mapping, sampling and geophysics (including Passive Seismic) to validate geological model, and select targets for dri
Slide 16: Burke Graphite Project
For personal use only 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: The Burke Graphite Project is one of the highest-grade graphite deposits globally
The Burke Graphite Project is one of the highest-grade graphite deposits globally For personal use only ASX Listed Company Graphite Projects Total Graphite Content (TGC) % of published Total JORC Resource/Reserve Source: company announcements 16
Slide 18: Burke Graphite Deposit
Burke Graphite Deposit (LEL 100%), Queensland, Australia For personal use only 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 tonn
Slide 19: Purified Spherical Graphite opportunity
Purified Spherical Graphite opportunity Burke Graphite For personal use only • 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 p
Slide 20: Next Steps for Burke Graphite
Next Steps for Burke Graphite For personal use only 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 pro
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 For personal use only 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
Slide 22: Summary – well positioned and funded to take advantage of battery mineral demand
Summary – Lithium Energy is well positioned and funded to take advantage of forecast global growth in demand for key battery minerals For personal use only Lithium 14,000,000 • Solaroz offers significant upside potential, given its location next to Orocobre’s producing project – a great address! • E
Slide 23: William Johnson, Executive Chairman
For personal use only 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
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 For personal use only information contained herein is made by any party and nothing contained herein
Slide 25: JORC Code Competent Person's Statements
JORC CODE COMPETENT PERSON’S STATEMENTS For personal use only 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
Slide 26: JORC Code Competent Person's Statements (continued)
JORC CODE COMPETENT PERSON’S STATEMENTS (CONTINUED) For personal use only (c) The information in this release that relates to Exploration Results in relation to the Burke Graphite Project is extracted from the following ASX market announcements released by: (i) Lithium Energy dated: • 27 September 2
Lithium Energy — Canaccord Genuity South-West Connect ASX Showcase 2021 on 6ix