Galan Lithium Limited · ASX:GLN
Galan Lithium — Noosa Mining Virtual Conference 2020
24 slides from Galan Lithium's conference presentation, Jul 17, 2020
Slide 1: Galan to present at Noosa Mining Virtual Conference
ASX ANNOUNCEMENT 17 July 2020 For personal use only GALAN TO PRESENT AT NOOSA MINING VIRTUAL CONFERENCE Galan Lithium Limited (ASX: GLN) is pleased to provide an opportunity for shareholders and investors to view a virtual presentation by Managing Director JP Vargas de la Vega who will present today
Slide 2: Developing High-Grade Lithium Brine Projects in Argentina
For personal use only ASX:GLN DEVELOPING HIGH-GRADE LITHIUM BRINE PROJECTS IN ARGENTINA Noosa Mining Virtual July 2020
Slide 3: Disclaimer and Important Information
DISCLAIMER AND IMPORTANT INFORMATION For personal use only
Slide 4: Galan Lithium Limited Investment Foundations
GALAN LITHIUM LIMITED INVESTMENT FOUNDATIONS. ✓ For personal use only ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓
Slide 5: A Significant Investment Opportunity – The Right Place
For personal use only A SIGNIFICANT INVESTMENT OPPORTUNITY – THE RIGHT PLACE
Slide 6: Carbon Footprint – Cradle to Gate
Carbon Footprint – Cradle to Gate For personal use only Lithium brines - The lowest carbon footprint Source: SQM Benchmark World Tour West June 2020
Slide 7: Energy Footprint – Cradle to Gate
Energy Footprint – Cradle to Gate For personal use only Lithium brines – with the lowest energy footprint Source: SQM Benchmark World Tour West June 2020
Slide 8: Corporate Structure
For personal use only CORPORATE STRUCTURE Capital Structure Performance Shares GLN Shares Shares 174,253,590 Vendor Class B Shares Upon the commencement of commercial production from a 10,000,000 Unquoted Options 5,350,000 Options exercisable $0.60, 31 Aug. 2020 pilot plant 4,000,000 Options exercis
Slide 9: Highly Experienced Board
For personal use only HIGHLY EXPERIENCED BOARD A civil industrial An experienced A Chilean/Australian engineer Mr Jimenez corporate lawyer who mineral industry has worked for world has extensive board professional with 15 leader in the lithium and operational years’ broad industry Sociedad experienc
Slide 10: Hombre Muerto: Tier Location Worldwide for Li Brines
HOMBRE MUERTO: For personal use only TIER 1 LOCATION WORLDWIDE FOR Li Northern Sal de Vida Market Cap: ~US$16bn BRINES Fenix Operation Market Cap: ~US$1.1bn Sal de Vida Market Cap: ~A$415m Candelas project Market Cap: ~A$24m
Slide 11: Hombre Muerto West (HMW) Resource Update
HOMBRE MUERTO WEST (HMW) RESOURCE UPDATE For personal use only Topography HMW ZONE Fault Rana de Sal 1.37Mt LCE @ 946 mg/l Li N Pata Pila/Deceo III Halite Basement Sands/silts/clays Gravels 1 km Alluvial Resource Li LCE K K KCI Category (mg/l) (t) (mg/l) (t) (t) HOMBRE MUERTO WEST (HWM) Indicated 94
Slide 12: HMW Resource Upside
For personal use only HMW RESOURCE UPSIDE
Slide 13: HMW Portofino Transaction
HMW PORTOFINO TRANSACTION For personal use only
Slide 14: Candelas – Strong Brine Concentration Results
CANDELAS – STRONG BRINE CONCENTRATION RESULTS For personal use only Comparative table of new developing lithium brine projects Ponds Area Li Recovery Production Project Ratio (1) (Ponds (LCE t per Source (Company) (8) (LCE t/ ha) per year) System) year to be Candelas (Galan) 70 – 80% (2) 28 – 38 (3)
Slide 15: HMW – Indication of Sufficient Space for Evaporation
HMW – INDICATION OF SUFFICIENT SPACE FOR EVAPORATION For personal use only Source: Intrepid Potash, US
Slide 16: ASX Company Comparisons
ASX COMPANY COMPARISONS For personal use only LITHIUM BRINES COMPARATIVE TABLE (ASX Co.s) Company JORC Average grade Project Status Preferred Resource (mg/l Li) Processing Route LCE GLN 2.1Mt 837 Indicated resource completed Under study, PFS commenced Dec-19 AGY 245kt 325 Indicated resource, PEA com
Slide 17: Achievements and Indicative Next Steps
ACHIEVEMENTS AND INDICATIVE NEXT STEPS ✓ For personal use only ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓
Slide 18: Achievements and Indicative Next Steps
ACHIEVEMENTS AND INDICATIVE NEXT STEPS Tasks CY2018 CY 2019 CY 2020 CY 2021 CANDELAS Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 For personal use only Geophysics & mapping Drilling Permits Drilling JORC Resource HMW Drilling Permits Drilling JORC Resource / Update STUDIES Scoping & PFS Pilot Pla
Slide 19: Argentina – A Pro-Mining & Investment Destination
For personal use only ARGENTINA – A PRO-MINING & INVESTMENT DESTINATION From left to right and attending the 2019 IMARC conference in Melbourne: Mr. Raul Jalil (newly elected Governor of Catamarca), Ms Lucia Corpacci (current Governor of Catamarca), GLN’s Managing Director Mr. JP Vargas de la Vega a
Slide 20: Galan Lithium Limited Investment Foundations
For personal use only GALAN LITHIUM LIMITED INVESTMENT FOUNDATIONS ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓
Slide 21: Fast Tracking to Lithium Carbonate Production in South America's Lithium Triangle
For personal use only FAST TRACKING TO LITHIUM CARBONATE PRODUCTION IN SOUTH AMERICA’S LITHIUM TRIANGLE Level 3, 30 Richardson Street, West Perth, WA 6005 PO Box 396, West Perth, WA, 6872 Ph. +61 8 9322 6283 Fax. +61 8 9322 6398 www.galanlithium.com.au ASX:GLN Email: jp@galanlithium.com.au
Slide 22: Appendix – Lithium Market: Cost Curve
APPENDIX 1 – LITHIUM MARKET COST CURVE – LITHIUM SUPPY FUNDAMENTALS For personal use only Source: CRU
Slide 23: South American Brines – Simplified Model
SOUTH AMERICAN BRINES – SIMPLIFIED MODEL Strong Competitive Advantage to Produce Lithium Carbonate at For personal use only ~USD6/kg LCE (Capex included) SC: Spodumene concentrate LC :lithium carbonate LH: Lithium hydroxide Source: iLi Markets
Slide 24: …and Remains Competitive
…and, REMAINS COMPETITIVE For personal use only Even when producing Lithium Hydroxide at ~USD8/kg LCE (Capex included) SC: Spodumene concentrate LC :lithium carbonate LH: Lithium hydroxide Source: iLi Markets