Liontown Limited · ASX:LTR
Liontown — Liontown Resources — Investor Presentation (June 2022)
18 slides from Liontown's investor presentation, Jun 30, 2022
Slide 1: Fast charging towards a low carbon future
For personal use only Fast charging towards a low carbon future Investor Briefing ASX:LTR June 2022 JUNE 2022 | 1
Slide 2: Important Information
Important Information For personal use only Cautionary Statement Competent person statement The production targets and forecast financial information referred to in the Definitive Feasibility Study (DFS) The Information in this Presentation that relates to Exploration Results and Mineral Resources f
Slide 3: Agenda
Agenda For personal use only 01. 02. 03. 04. Investment Strategy Lithium Market Offtake Strategy and Highlights Update Customer Overview 05. 06. 07. 08. Kathleen Valley Project Execution and Investment Questions Funding Strategy Timetable Proposition JUNE 2022 | 3
Slide 4: Investment Highlights
Investment Highlights Kathleen Valley (KV) is a globally significant lithium resource, located within a stable and established mining jurisdiction with a strong ESG position and growth optionality. The For personal use only project is well positioned, with funding to first production secured, and pr
Slide 5: Liontown's Long-Term Strategy
Liontown’s Long-Term Strategy Liontown is planning for the future For personal use only Kathleen Valley Spodumene Future Supply Liontown is continuously exploring Optionality for spodumene or processed opportunities to increase battery lithium sales based on market conditions minerals inventory ~700
Slide 6: ESG Focus
Environment Customers For personal use only • Aspiring to have best-in-class Scope 1 • Automotive OEMs increasingly and 2 emissions to minimise impact demand environmentally-friendly, on local surroundings low-carbon batteries to achieve • ~60% renewable energy target their emissions targets at star
Slide 7: Lithium Supply Dynamics
Lithium Supply Dynamics Forecast lithium market deficit is expected to continue and grow out to 2030, driven by tight supply. Analysts estimate that it can take up to 10 years for a lithium project to For personal use only go online, leaving supply tight in the nearer future. There is currently no s
Slide 8: Tier 1 Offtake Partners Secured
Tier 1 Offtake Partners Secured Tesla, LG Energy Solution and Ford confirmed as cornerstone offtake partners. Electric vehicles represent the vast majority of lithium demand and its forecast growth, by For personal use only contracting directly with automotive OEMs Liontown is well positioned for ex
Slide 9: Kathleen Valley Funded To First Production
Kathleen Valley Funded To First Production Debt facility provided by Ford, along with proceeds from Liontown’s A$463m capital raise in December 2021, means Kathleen For personal use only Valley is now funded to first production As part of optimising the FEED scope, Liontown has revised its 2021 DF
Slide 10: Liontown Funding Strategy Executed
Liontown Funding Strategy Executed For personal use only Ford will provide a A$300 million debt facility to Liontown, with the proceeds to be used towards partially funding the development costs of Kathleen Valley Attractive Financing Secured Material Terms of Debt Facility Sources of Funding (A$m)
Slide 11: 2024 Production Target
2024 Production Target For personal use only PROJECT MILESTONES ON SCHEDULE LIONTOWN POSITIONED TO DELIVER PROJECT ON SCHEDULE DFS A$463m Three Debt Final Complete & Equity Foundational Funding Investment Early Works / Construction Commission Production NTA Signed Raising Offtakes Secured Decision D
Slide 12: Kathleen Valley Project Update
Kathleen Valley Project Update For personal use only Final investment Detailed Key contracts issued Procurement decision made with engineering for tender, with bids of long lead-time early works on track progressing under review equipment well for H2 2022 advanced Project team Kathleen Valley Offtak
Slide 13: Building a Company requires great foundations
Building a Company requires great foundations For personal use only License to Operate People Systems Operational Excellence • Do no harm. In all our activities we must • Early engagement with experienced • Building-out internal functions • Build technical capability from send everyone home safe, ev
Slide 14: Project Execution Strategy
Project Execution Strategy Relentless pursuit of the basics to strive for good safety and execution discipline – The Liontown Way! For personal use only The Project Execution Strategy involves the following key attributes: • Clear scope division and battery limits - Complete • Formal engagement of a
Slide 15: Kathleen Valley Design
Kathleen Valley Design Front End Engineering & Design (FEED) well advanced For personal use only Process plant FEED commenced 1 week after DFS published in Nov 2021 to drive design and early procurement running in parallel with EPCM discussions Primary Crushing Plant Milling Circuit JUNE 2022 | 15
Slide 16: Dragonfly - Village
Dragonfly - Village Huge push to start Kathleen Valley For personal use only Camp works commenced! • Contract awarded • Camp layout and design finalised • Off site manufacture of buildings commenced • Small Operations Mining Proposal approved • Building and earthworks construction team engaged and m
Slide 17: Liontown's Investment Proposition
Liontown’s Investment Proposition For personal use only Near Term Priorities 1 Award major contracts (including Tier 1 Asset Timed to Perfection EPCM, Power Purchase Agreement, Kathleen Valley is a world- Significant supply deficits freight logistics and bulk earthworks) class lithium deposit, with
Slide 18: For More Information
For personal use only For More Information: Tony Ottaviano Managing Director +61 8 6186 4600 info@ltresources.com.au Nicholas Read Read Corporate +61 8 9388 1474 nicholas@readcorporate.com.au liontown-resources-limited @LiontownRes JUNE 2022 | 18
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