Lithium Americas Corp. · NYSE:LAC
Lithium Americas — Investor Presentation (October 2022)
32 slides from Lithium Americas's investor presentation, October 2022
Slide 1: Corporate Presentation
CORPORATE PRESENTATION OCTOBER 2022 Caucharí-Olaroz Jujuy, Argentina Thacker Pass Nevada, US
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT ADDITIONAL REFERENCE MATERIALS NI 43-101 DISCLOSURE This presentation should be read in conjunction with Lithium Americas Corp.’s (“Lithium Scientific and technical information in this presentation about the Caucharí-Olaroz Project and the Thacker Americas”, “LAC” or the “Compan
Slide 3: Lithium Americas – Highlights
LITHIUM AMERICAS – HIGHLIGHTS Vancouver Developing advanced-stage lithium projects in Argentina and the USA Thacker Pass 1 Strong balance sheet with approximately $500 million in total liquidity1 Atlanta Construction of Caucharí-Olaroz 40,000 tpa lithium carbonate brine project, 2 advancing towards
Slide 4: Capital Structure
CAPITAL STRUCTURE Total availability liquidity of approximately $500 million4 and over 70% of shareholders from Canada and the US Share Price (NYSE: LAC) TSX and NYSE: LAC $45 Shares Outstanding1 134.6M $40 $35 52 Week Range2 $18.89 - $41.56 $30 $25 Share Price2 $27.05 $20 $15 Average Daily Volume2,
Slide 5: Senior Management Team
SENIOR MANAGEMENT TEAM Assembled management team with technical, financial and project execution experience in the lithium industry ALEC MEIKLE JONATHAN EVANS IGNACIO CELORRIO VP, Corporate Development President & CEO President, Latin America 10+ years in investment banking and 20+ years in manageme
Slide 6: Lithium Market Dynamics
LITHIUM MARKET DYNAMICS OCTOBER 2022 6
Slide 7: Lithium Prices
LITHIUM PRICES Lithium carbonate prices have increased to over $70,000/t in China Lithium Prices ($/tonne, delivered China) $100,000 $75,000 $71,703/t Lithium Carbonate $67,490/t Lithium Hydroxide $50,000 $25,000 $0 2015 2016 2017 2018 2019 2020 2021 2022 Source: Asian Metal as of September 29, 2022
Slide 8: EV Adoption Driving Lithium Demand
EV ADOPTION DRIVING LITHIUM DEMAND Demand for lithium batteries for electric vehicles is expected to increase by over 1,200% between 2021 and 2040 BEV & PHEV Sales1 Battery Demand1 Lithium Production2 (Millions of units sold) (MWh) (Kt LCE) 7,000 7,000 100% 90 Over 86 million EV’s expected Battery d
Slide 9: Lithium Supply and Demand
LITHIUM SUPPLY AND DEMAND Significant supply gap emerging for lithium as market is expected to grow to over 2 Mt in 2030 and continue growing Expected lithium demand and supply (million tonnes of LCE) Operating Brownfield Expansions Highly Probable and Probable Demand 7 6 5 Forecasted 2030 Demand: F
Slide 10: Argentina
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Slide 11: Caucharí-Olaroz, Argentina
CAUCHARÍ-OLAROZ, ARGENTINA Largest lithium carbonate brine operation under construction in over 20 years BOLIVIA Stage 1 production capacity of 40,000 tpa battery-quality lithium carbonate* with forecasted project life of 40 years Construction continues to progress towards production CHILE Wel
Slide 12: Caucharí-Olaroz Processing Plant – Aerial View
CAUCHARÍ-OLAROZ PROCESSING PLANT – AERIAL VIEW Click here to view the September’22 construction video update Step 2 – removes Mg, Ca, B and SO4 Step 1 – reduces boron to <10ppm concentration Step 3 – further removal of NaCl and KCl salts Reagent storage facility Li2CO3 packaged into large bags Step
Slide 13: Caucharí-Olaroz Construction Update
CAUCHARÍ-OLAROZ CONSTRUCTION UPDATE Construction continues to advance on Stage 1, currently prioritizing production over completion of all purification circuits Achieved 6,000,000 person hours without a lost time injury in late May 2022 Total capital cost estimate of $741 million (on a 100% basi
Slide 14: Caucharí-Olaroz Construction Schedule
CAUCHARÍ-OLAROZ CONSTRUCTION SCHEDULE* Construction activities continue to advance with a shift in focus to prioritize production over completion of all purification circuits3 2017 2018 2019 2020 2021 2022 2023 Started pond construction 51/49 JV Transaction announced 25 ktpa Stage 1 Capex re
Slide 15: Argentina Growth Strategy
ARGENTINA GROWTH STRATEGY LAC and Ganfeng Lithium have begun planning for a Caucharí-Olaroz Stage 2 expansion beyond initial 40,000 tpa LCE Organic Growth Targeting Caucharí-Olaroz Stage 2 development parameters including: • Production capacity of at least 20,000 tpa lithium carbonate • Constructi
Slide 16: Pastos Grandes, Argentina
PASTOS GRANDES, ARGENTINA A development plan and budget of ~$30 million to advance Pastos Grandes towards a construction decision was approved in June 2022 Location and size: Located in Argentina’s lithium triangle in Salta province, 231 km from Salta ~100 km from Caucharí-Olaroz, highly complemen
Slide 17: North America
NORTH AMERICA OCTOBER 2022 17
Slide 18: Thacker Pass, Nevada
OREGON THACKER PASS, NEVADA Enabling a US battery supply chain 100% owned by Lithium Americas with offtake rights uncommitted Thacker Pass Appeal on the Record of Decision (“ROD”) is moving forward, following the completion of briefings on August 11, 2022, the Federal Court has scheduled an oral
Slide 19: US EV Supply Chain Legislation Timeline
US EV SUPPLY CHAIN LEGISLATION TIMELINE The Infrastructure Bill passed and signed into law by the Biden administration is meaningful support for building out EV infrastructure in the US Biden invoked the Defense US DOE announced $3.16B from Committed the US to Electrical Vehicle Charging Protection
Slide 20: Environmental Responsibility at Thacker Pass
ENVIRONMENTAL RESPONSIBILITY AT THACKER PASS Low Carbon and Emissions Environmental Studies and Evaluations Designed to be a low carbon, Sulfuric acid plant is expected to produce ~45 MW carbon-free electricity low water source of lithium Water to power processing plant* Hydrogeology Baseline Re
Slide 21: Lithium Technical Development Center
LITHIUM TECHNICAL DEVELOPMENT CENTER 30,000 ft2 integrated lithium process testing facility in Reno, Nevada producing battery-quality lithium carbonate from Thacker Pass sedimentary resources World-class integrated technology research center in collaboration with the University of Nevada, Reno, eq
Slide 22: Thacker Pass Process Flowsheet
THACKER PASS PROCESS FLOWSHEET Since 2008, we have worked to minimize the expected environmental footprint of Thacker Pass, incorporating ESG best practices and going beyond what is required by regulatory standards Minimizing Environmental Impact: Planned block mining with active reclamation Thack
Slide 23: Thacker Pass Planned Development Schedule
THACKER PASS PLANNED DEVELOPMENT SCHEDULE ROD received in January 2021 and permits to commence construction issued 2017 2018 2019 2020 2021 2022 2023 Completed 2017 Process Testing ROD issued Exploration Program Facility completed BLM NEPA Baseline Updated resource Completed Process Stud
Slide 24: Thacker Pass – Highlights
THACKER PASS – HIGHLIGHTS Stage: One of the most advanced lithium projects currently known to be under development in the USA Thacker Pass provides Over 10 years of development, over $100 million invested, Record of Decision issued and permits to commence construction issued an opportunity to enab
Slide 25: Partnering to Accelerate Development of a North American Supply Chain
PARTNERING TO ACCELERATE DEVELOPMENT OF A NORTH AMERICAN SUPPLY CHAIN GT1 is a North American focused lithium exploration and development company with hard rock spodumene assets in NW Ontario Equity Investment In April 2022, LAC acquired approximately 5% of GT1 in a share placement for total consi
Slide 26: Focused on Execution
FOCUSED ON EXECUTION Bringing new supply of battery-quality lithium carbonate to market Advancing Caucharí-Olaroz Stage 1 for 40,000 tpa towards 1 production in 2022 with key areas of the processing plant preparing to commission shortly Advancing Thacker Pass towards construction start in 2023 for C
Slide 27: Appendix
APPENDIX Thacker Pass Nevada, US OCTOBER 2022 27
Slide 28: Board of Directors
BOARD OF DIRECTORS Lithium Americas is focused on reaching production and maximizing shareholder value Diverse industry experience Pursuing a lower-risk Closely aligned with shareholders approach to development Background in mining, finance and lithium Partnered with Ganfeng Lithium on Caucharí-
Slide 29: 2021 ESG-S Report – Enabling Transition
2021 ESG-S REPORT – ENABLING TRANSITION Environmental, Social, Governance and Safety (ESG-S) ESG-S Vision and Performance Highlights Based on a December 2021 materiality refresh and prepared in reference to the 2021 GRI Standards. Reporting period of January 1, 2020 to December 31, 2021. Link to rep
Slide 30: Forward-Looking Statements and Disclaimers
FORWARD-LOOKING STATEMENTS AND DISCLAIMERS FORWARD-LOOKING STATEMENTS AND INFORMATION This presentation contains “forward-looking information” within the meaning of applicable Canadian securities legislation, and “forward-looking statements” within the meaning of applicable United States securities
Slide 31: Forward-Looking Statements and Disclaimers
FORWARD-LOOKING STATEMENTS AND DISCLAIMERS mineral resources will ever be developed into mineral reserves, and in relation to comparables; reliability of technical data; anticipated timing and results of exploration, development and construction activities; timely responses from governmental agencie
Slide 32: Contact Information
CONTACT INFORMATION Virginia (Ginny) Morgan Sr. Director, Investor Relations and ESG ir@lithiumamericas.com www.lithiumamericas.com 300 – 900 West Hastings Street Vancouver, BC V6C 1E5 Canada @LithiumAmericas Caucharí-Olaroz Jujuy, Argentina
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