Cleantech Lithium Plc · LSE:CTL
Cleantech Lithium — Investor Presentation (February 2023)
33 slides from Cleantech Lithium's investor presentation, February 2023
Slide 1: Carbon neutral lithium for the EV future
Carbon neutral lithium for the EV future February 2023 CARBON NEUTRAL | BATTERY GRADE LITHIUM | POWERED BY CLEAN ENERGY | SUSTAINABLE EXTRACTION CleanTech Lithium | 1
Slide 2: Our Vision: Direct Lithium Extraction, powered by clean energy
Our Vision: Direct Lithium Extraction, powered by clean energy TO BE THE GREENEST LITHIUM SUPPLIER TO THE EV BATTERY MARKET CleanTech Lithium | 2
Slide 3: CTL – A Snapshot
CTL – A Snapshot New path for lithium in Chile – low impact, sustainable lithium extraction 3 strategic lithium projects in Chile, >500 km2 licence areas Total lithium resources exceed 2 million tonnes LCE – further upgrades due by Q2 2023 Wholly owned licenced basins – no competing lithium projects
Slide 4: Board & Management
Board & Management Strong operational experience, local knowledge and commercial understanding Board Senior Management Expanded & upgraded resource at Laguna Verde STEVE KESLER ALDO BOITANO SERGIO VIDELA JASON BAVERSTOCK ALVARO FLOREZ SABINE MACAYA Non-Executive Chairman Chief Executive Officer Stud
Slide 5: Post IPO – Active 9 Months
Post IPO – Active 9 Months Exploration, resource expansion and defining battery grade lithium Expanded & upgraded resource at Laguna Verde Maiden resource at Francisco Basin New lithium discovery at Francisco Basin Application for the Llamara Project Produced 1kg of battery grade lithium IPO Scoping
Slide 6: Strategy
Strategy Sustainable value creation Expanded & upgraded resource at Laguna Verde Maiden resource at Francisco Basin New lithium discovery at Francisco Basin Acquisition of Llamara Project Produced 1kg of battery grade lithium IPO Scoping Study at Laguna Verde £5.6m advanced Raised Environmental Impa
Slide 7: Projects
Projects LOCATED IN THE LITHIUM TRIANGLE CleanTech Lithium | 7
Slide 8: Laguna Verde
#1 Laguna Verde • A resource drill programme comprising four holes completed 1H 2022 • Produced JORC compliant resource estimate of 1.5 million tonnes LCE at 206mg/L lithium - majority of resource was upgraded to Measured + Indicated: • New two well drilling campaign (LV05 & LV06) started in Novembe
Slide 9: Francisco Basin
#2 Francisco Basin • New lithium discovery August 2022 • Hole FB01 completed, 34 brine samples collected from aquifer zone, average lithium grade of 305mg/L • JORC compliant Inferred resource estimate of 0.5 million tonnes LCE, based on FB01results • Further three drill hole campaign (FB02, FB03 & F
Slide 10: Llamara
#3 Llamara • Greenfields project in one of the largest basins in the lithium triangle, not previously drilled for lithium – total licence area 344 km2 Lithium Triangle Basin Company Basin Area (km2) Atacama SQM / Abarmale 18,100 Hombre Muerto Livent 4,000 Pampa del Tamarugal CleanTech 17,150 • Histo
Slide 11: Environmentally Committed
Environmentally Committed DEDICATED TO NET ZERO CleanTech Lithium | 11
Slide 12: Direct Lithium Extraction
Direct Lithium Extraction Low Impact and Sustainable Expanded & upgraded Deploying direct lithium extraction (DLE) technology, a revolution in sustainability resource at Laguna Verde for lithium extraction: • Brine is pumped to processing unit, resin used to extract only lithium, spent brine re-inje
Slide 13: DLE: Proven Technology in Various Countries
DLE: Proven Technology in Various Countries Pioneering Methodology for Sustainable Lithium Extraction Producers Energy Lake CleanTech Lanke Zangge Jintai Eramet/ Standard Vulcan Berkshire Compass E3 Company Livent Rio Tinto CTR Source Resources/ Lithium Lithium Lithium Lithium Qingshan Lithium Energ
Slide 14: Powered by Clean Energy
Powered by Clean Energy Chile: Leading renewable energy power grid Chile power grid - one of the highest renewable energy contents in the world Numerous renewable energy providers: • Solar plants in the Atacama region • Hydropower in southern Chile • Solar (PV and thermal), wind and geothermal power
Slide 15: Ambition and Values / our ESG Focus
Ambition and Values / our ESG Focus Socially minded, environmentally driven and governed by our core values Expanded & upgraded Ambition Sustainable lithium model: resource at Laguna Verde • To produce the greenest battery grade lithium for the EV future Maiden resource at Francisco Basin Values: Ne
Slide 16: Chile
Chile LARGEST LITHIUM RESERVES GLOBALLY CleanTech Lithium | 16
Slide 17: Chile: The Home of Battery Metals
Chile: The Home of Battery Metals Chile Largest global lithium reserves Global Lithium Reserves (Million Tons) Highest income country in Latin America (S&P A, Moody’s A1) Strong mining code and laws Only major lithium carbonate producer that holds a free trade agreement (FTA) with the US – Recent ‘I
Slide 18: Chile Highly Supportive of Sustainable Extraction
Chile: Chile Highly Supportive of Sustainable Extraction New path for lithium in Chile – strategy aligns with Government agenda #1 Current lithium production in Chile - Salar Atacama: Government emphasis on lowering environmental large evaporation ponds (~50km2) impact and CO2 emissions of mining Im
Slide 19: Lithium
Lithium THE RESOURCE OF THE 21ST CENTURY CleanTech Lithium | 19
Slide 20: EU Automakers Committed to Carbon Neutral
EU Automakers Committed to Carbon Neutral A ready-made market for low carbon lithium production Committed Automotive Industry Lithium DLE - Off-Take Agreements "Mercedes-Benz is getting ready to go all electric by the end of the Numerous publicly announced DLE off-take decade....the world’s pre-emin
Slide 21: EU Demand for Lithium
EU Demand for Lithium Demand forecast to increase exponentially European Ll-ion Battery Cell Forecast Lithium demand forecast to rise: (*) • From 350,000 tonnes LCE in 2020 to 2.5 million tonnes LCE in 2030; • Over 7 million tonnes LCE in 2040 Positive long term price trend estimate of US$22,500/ton
Slide 22: CTL – Targeting Carbon Neutral Lithium Supply
CTL – Targeting Carbon Neutral Lithium Supply Zero emissions, green lithium, a critical advantage for the EU market Lithium Production - CO2/t Li Lithium production from hard rock mines and evaporation pond operations generate high emissions: • Estimated 5 - 15 tonnes CO2 per tonne of lithium CO2/t
Slide 23: Lithium DLE Deals
Lithium DLE Deals Realising value through partnerships Rio Tinto Vulcan Energy Standard Lithium CTR Rincon, Argentina Inst. investment Koch GM - Multi-million $825M acquisition $320M $100M Investment investment 2021 Stellantis - A$76M 2021 2021 2021/22 Eramet GanFeng Lithium Compass Minerals Tsingsh
Slide 24: Positioned for Production
Positioned for Production GREEN LITHIUM FOR THE EU BATTERY SUPPLY CHAIN CleanTech Lithium | 24
Slide 25: DLE from Pilot to Commercial Scale
DLE from Pilot to Commercial Scale Target commercial scale and production late 2025 June 2022: Completed trial on 2000L sample of Laguna Verde brine to produce 1kg of battery grade LCE Achieved 99.9% Li2CO3, with very low inpurities* SunResin Commercial Scale DLE Adsorption August 2022: Signed MOU w
Slide 26: The Path to Production
The Path to Production 2022/2023: value catalysts Laguna Scoping Pilot Plant Resource Resource PFS Verde Upgrade 1 Study Commence Upgrade 2 Pilot Plant Production Complete Project Complete Construction Francisco Maiden Scoping Resource Basin Resource Study Upgrade Project Llamara Maiden Initial Site
Slide 27: Laguna Verde: The Path to Production
Laguna Verde: The Path to Production 2022/2023: value catalysts PFS commences Q1 2023 after Scoping Study Ongoing Drilling Campaign – LV05 & LV06 Scoping Pilot Plant Resource Resource PFS Study Commence Pilot Plant Production Upgrade 1 Upgrade 2 Complete Complete Construction Laguna Verde Project En
Slide 28: Roadmap to raise ~USD $400m Capex Funding
Roadmap m to raise ~USD $400m Capex Funding Timing • Funding the capital cost of the project will only follow after Laguna Verde resources have been upgraded, the PFS is largely complete and DLE pilot plant results are known, etc. [ie. following further multiple de-risking and value inflection point
Slide 29: Summary: De-risked Path to Production
Summary: De-risked Path to Production Driving shareholder value – sustainable lithium for the EV future Excellent Right to operate Short lead time Proven DLE infrastructure No indigenous communities to production Technology * Roads, renewable power or unique flora/fauna to disturb & water supply Sup
Slide 30: Appendix
Appendix CleanTech Lithium | 30
Slide 31: CleanTech Lithium – Key Data
CleanTech Lithium – Key Data Market listing: AIM Ticker: CTL Market cap: £56.9M Share price: 57p (01-Feb-23) Funds raised since Oct 2021: Shares in issue: 105,333,500 Research: Canaccord / Fox Davies Price Target: £2.80 £21.9M Directors and Significant Shareholders: Analyst coverage: Percentage not
Slide 32: Disclaimer
Disclaimer This presentation (“Presentation”) is being supplied to you solely for your information. The These risks include, but are not limited to, risks associated with the minerals resource industry in Presentation has been prepared by, and is the sole responsibility of CleanTech Lithium (the gen
Slide 33: Contact Us
Contact Us Jersey Chile Investor Relations CleanTech Lithium plc, de Carteret House, Estoril 50, Las Condes, Felicity Winkles/ Philip Dennis Castle Street, St Helier, Jersey, JE2 3BT. Región Metropolitana Celicourt Communications T: +44 1534 668321 T: +562-32239222 E: ctl@celicourt.uk CARBON NEUTRAL
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