European Green Transition Plc · LSE:EGT
European Green Transition — Investor Presentation (August 2023)
25 slides from European Green Transition's investor presentation, Aug 31, 2023
Slide 1: Critical Metals In Europe For Europe – Olserum Community Meeting
Daniel Akselson Accountant and Financial / Investment Manager with +35 years' experience Aiden Lavelle - Director An economic geologist with 15 years worldwide experience Critical Metals In Europe For Europe – Olserum Community Meeting Cathal Friel - Director 31st August 2023 Corporate financier wit
Slide 2: European Green Metals – An Overview
E U RO P EA N G R E E N M E TA L S – A N OV E RV I E W A natural resource company focussed on the exploration and development of critical metal projects in Europe, particularly COMMODITY targeting Rare Earth Elements (REEs) and graphite An established portfolio of projects: two in Sweden and two in
Slide 3: Experience in Resource Development Across the World
E X P E R I E N C E I N R ES O U RC E D E V E LO P M E N T A C RO S S T H E WO R L D The team has also worked on multiple Swedish projects The Björkdal Gold Mine, Skellefteå Introducing Olserum Presentation l Q3 2023 3
Slide 4: Sweden
SW E D E N “We face a supply problem, without mines, Excellent potential for REE project development there can be no electric vehicles (EVs)". Jan Moström CEO of state-owned mining giant LKAB in reference to REEs Europe's leading mining nation - accounts for 91% of iron ore, 9% of copper and 24-39%
Slide 5: The Olserum Team
T H E O L S E R U M T EA M Experience across the development spectrum to ensure the highest operational standards Aiden Lavelle Aiden holds a MSc in Mining Geology from the Camborne School of mines, P.Geo and EurGeol titles and has 15 CEO/ Geologist years’ experience in mineral exploration including
Slide 6: The Olserum Rare Earth Project
T H E O L S E R U M R A R E EA RT H P ROJ EC T A project to impact the energy transition • Covers two licenses, total area of 71.2 km2 • Activities usually confined to smaller areas where mineralization is strong (around 400m x 400m) • Excellent infrastructure, railway, main road and power within 1,
Slide 7: Rare Earths Are Critical
R A R E EA RT H S A R E C R I T I C A L Renewable energy is dependent on REEs Without REE metals there can be no energy transition Energy transition needs to happen for net zero to occur Europe need to secure a stable supply that is not affected by geopolitical issues Chinese production dominance wi
Slide 8: Europe Needs Rare Earths
E U RO P E N E E D S R A R E EA RT H S Olserum has the key metal components for renewable energy and net zero related industries There are To hit Net Zero globally by 2050, Up to 17 6x 600kg REEs including Neodymium - an alloy of this, more mineral inputs are required in 2040 of REEs are required to
Slide 9: Olserum Is the Right Location
O L S E R U M I S T H E R I G H T LO C AT I O N Key processing plants located close to EGM’s assets are in an acute need of a guaranteed supply chain • EGM’s REE project in Sweden has the potential to secure critical mineral supply for multiple processing companies that are focussed on the energy tr
Slide 10: Olserum Is in the Right Place
OLSERUM IS IN THE RIGHT PLACE Due to its location, Olserum can be developed with limited impact on the community • Local community can supply labour • Amenities in place to supply workers Railway • Local powerlines within E35 National Road 200m west of resource Medium Voltage Powerline • Railway to
Slide 11: Olserum Rare Earth Project: Designated 'National Interest'
T H E O L S E R U M R A R E E A R T H P R O J E C T | D E S I G N AT E D ‘ N AT I O N A L I N T E R E S T ’ Designation and detailed delimitation of the REE deposit Olserum as a national interest according to Chapter 3. Section 7 of the Environmental Code. Status recognised on 23 May 2023 Introducin
Slide 12: What Is a 'National Interest'
W H AT I S A ‘ N AT I O N A L I N T E R EST ’ The project is recognised by the SGU as extremely important for REE • The suggested area spans around 607 hectares • This assessment was sent to the National Board of Housing, New Olserum Building and Planning, the County Administrative Board of National
Slide 13: Why the Geology in Olserum Is Exciting
W H Y T H E G EO LO GY I N O L S E R U M I S E XC I T I N G • Blue – Vastervik Sediments Major crustal scale boundary – LLDZ, • Red and pink are granites. • Green is mafic units north of LLDZ. Loftahammar, Linköping deformation zone (dextral, c. 1.8Ga) Introducing Olserum Presentation l Q3 2023 13
Slide 14: What the Deposit Looks Like Underground
W H AT T H E D E P O S I T LO O KS L I K E U N D E RG RO U N D Whether any potential operation is open pit or underground depends on what we find LEAPFROG Prominent outcrop above resource with Ground Magnetics draped on Lidar Topography BNR veins Resource Area Fields BMR - biotite-magnetite rock Wes
Slide 15: Expanding Target Areas
E X PA N D I N G T H E TA RG E T A R EA S Expansion of the resource will remain mainly in low impact, forested areas • Mapping and drilling will identify new target away from the existing resource TREO % HREO % LREO % • Spoil/dump grab samples near old iron workings 20.45 8.26 12.20 at Djupedal have
Slide 16: Works to Date
WO R K S TO DAT E Active work has been happening to quantify Olserum’s potential • Logging of historic core at the Malå SGU archive February 2023 • A new interpretation for the Olserum REE deposit • Geological mapping and some rock chip sampling of deposit area completed in March 2023 • Proof of new
Slide 17: What's Happening in Next Months
W H AT ’ S H A P P E N I N G I N T H E N E X T 1 2 M O N T H S Low impact work will be carried out to ascertain the potential Olserum drilling 2012 Setup local base for fieldwork, core logging and 2023-2024 future works – establish a presence 1. Drilling 2. Resource Estimate Channel sampling of west
Slide 18: Olserum Development Steps
O L S E R U M D E V E LO P M E N T ST E P S Fast tracking the first REE project in Europe to production decision Seek strategic partners for Seek Important construction of Project of Common processing plant June to December 2023 Fast track to European Interest Bankable Feasibility (IPCEI) nomination
Slide 19: Environmental, Social & Governance
E N V I RO N M E N TA L , S O C I A L & G OV E R N A N C E A pillar of resource development and core to our operational practises Understand that sustained economic performance cannot be obtained without sound environmental, social & governance (ESG) practices Social contract to operate Team has ope
Slide 20: ESG Factors
ES G FA C TO RS All variables are taken into consideration throughout the development process according to stringent international guidelines Introducing Olserum Presentation l Q3 2023 20
Slide 21: Community Impact of Olserum Project
CO M M U N I T Y I M PA C T O F T H E O L S E R U M P ROJ EC T EGM aims to advance Olserum project for all stakeholders' benefit Increased activity in the area, as a result of advancing Olserum, will create demand for local businesses and accommodation offerings in the Gamleby and Overum areas The O
Slide 22: The Compensation Rules of Mining Activities
T H E CO M P E N SAT I O N R U L ES O F M I N I N G A C T I V I T I ES Transparency and consultation are key to EGM’s community relations The Minerals Act regulates compensation paid if the exploration permit or concession holder causes damage or encroachment during exploration The Guidance for Expl
Slide 23: Understanding the Process from Start to Finish
UNDERSTANDING THE PROCESS FROM START TO FINISH All activity is carried out in constant consultation with all involved and continual stakeholder consultation University of Queensland Introducing Olserum Presentation l Q3 2023 23
Slide 24: Conclusion | Olserum and Why EGM?
CO N C LU S I O N | O L S E R U M A N D W H Y EG M ? Positioned to support the green energy transition 1. 2. Excellent asset that has the potential to source the Low impact high grade opportunity within a forest away minerals needed for climate change related industry from habitation 3. 4. Distinct
Slide 25: European Green Metals Ltd
E U R O P E A N G R E E N M E TA L S LT D Aiden Lavelle | Project Lead Tel +353 86 392 1523 Email: aiden@eurogreenmetals.com www.europeangreenmetals.com
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