Atlantic Lithium Limited. · LSE:ALL

Atlantic Lithium — Investor Presentation (February 2024)

19 slides from Atlantic Lithium's investor presentation, Feb 1, 2024

  1. Slide 1: Investor Presentation – Investor Webinar

    1 February 2024 Investor Presentation – Investor Webinar Atlan�c Lithium Limited (AIM: ALL, ASX: A11, OTCQX: ALLIF, “Atlan�c Lithium” or the “Company”), the African-focussed For personal use only lithium explora�on and development company targe�ng to deliver Ghana’s first lithium mine, provides the f

  2. Slide 2: Investor Presentation February 2024 – Charging the Change

    For personal use only Investor Presentation February 2024 CHARGING THE CHANGE

  3. Slide 3: Important & Cautionary Statement

    IMPORTANT & CAUTIONARY STATEMENT IMPORTANT NOTICE CAUTIONARY STATEMENTS These presentation slides (the “Slides”) have been prepared by The information in the Slides that relates to Ore Reserves, Mineral Forward-looking information is developed based on assumptions about For personal use only Atlanti

  4. Slide 4: Building Ghana's First Lithium Mine

    BUILDING GHANA’S FIRST LITHIUM MINE For personal use only Managing lithium market backdrop Permitting Process • Capital conservation Underway Completion of Stage • Award of key permits and Mining Lease ratification 1 Offtake Process ahead Key Local • Moving to more detailed Stage 2 with prefered par

  5. Slide 5: Strategically Located

    STRATEGICALLY LOCATED Well positioned to become a supplier of choice to rapidly growing North American, European and Asian battery markets For personal use only • Strategically located in close proximity to rapidly expanding global battery and electric vehicle markets  North America and Europe are

  6. Slide 6: Competitive Operational Cost

    COMPETITIVE OPERATIONAL COST Competitively placed on the spodumene cost curve, supporting resilient operations through the price cycle For personal use only Spodumene concentrate 2025 cash cost curve1 800 Benchmark Mineral Intelligence Q3 2023, US$/t concentrate 700 600 Ewoyaa is expected to be one

  7. Slide 7: Corporate Snapshot

    CORPORATE SNAPSHOT Capital Structure Major Shareholders For personal use only Issued Capital: 649.7m Top 20 Shareholders: 67.33% Assore Int. Holdings 42.3m 9.3m 701.3m 27.6% Piedmont Lithium Inc Options Performance Rights Fully-diluted share capital 5.0% Minerals Income Investment Fund A$253m / GBP1

  8. Slide 8: MIIF Strategic Investment

    MIIF STRATEGIC INVESTMENT MIIF to support development of Ewoyaa and broader lithium portfolio in Ghana – Subscription completed and Ghana Portfolio investment in progress For personal use only Subscription at listed company Level US$5m - 19,245,574 Atlantic Lithium shares at US$0.2598 per share TopC

  9. Slide 9: Ewoyaa Mining Lease Granted

    EWOYAA MINING LEASE GRANTED Ewoyaa on track to become a top 10 hard rock spodumene concentrate mine* For personal use only • Mining Lease represents major de-risking milestone • Alignment with the Government’s Green Minerals Policy • Partner of choice in Ghana’s long-term lithium value chain objecti

  10. Slide 10: 50% Offtake Available

    50% OFFTAKE AVAILABLE Competitive offtake partnering process underway • Attracting funding offers to expediate Ewoyaa development and realise Project value For personal use only • Secure well-credentialled partner • Enhance relationships across battery supply chain • Considering potential broader st

  11. Slide 11: Pathway to Production

    PATHWAY TO PRODUCTION Targeting first concentrate 2025 For personal use only MRE Update Transmission Commence earthworks & Commissioning DMS Plant Site power Resource: 35Mt (incl. FEED line construction mobilise mining contractor available and start-up 28Mt Measured & Indicated) DFS Deployment of Mo

  12. Slide 12: Environmental Activities

    ENVIRONMENTAL ACTIVITIES The Environmental and Social Performance actions completed in January 2024 include the following: COMPLETED For personal use only Finalised the draft EPA site visit, Conducted Completed the Scoping Report and focus on stakeholder review of specialist specialist reports for s

  13. Slide 13: Social Activities

    SOCIAL ACTIVITES The Environmental and Social Performance actions completed in January 2024 include the following: COMPLETED For personal use only Submitted and Engaged with regional Initiated the endorsed the Pre- House of Chiefs and compensation Resettlement Action traditional authorities negotiat

  14. Slide 14: 2023/2024 Exploration Programme

    2023/2024 EXPLORATION PROGRAMME • Increased 29,500m infill, extensional, exploration, sterilisation & studies drilling programme underway For personal use only • Multiple high-grade drill intersections reported in the current programme to date, including 106m continuous pegmatite intersection report

  15. Slide 15: Targeting Shovel Readiness

    TARGETING SHOVEL READINESS Low-cost producer For personal use only EPA Permitting Flotation, Feldspar & Scoping report and terms of reference Downstream Conversion complete Studies underway aiming to enhance Project economics Operational Readiness Project Build Key contracts; Transmission line and l

  16. Slide 16: Appendix

    For personal use only Appendix

  17. Slide 17: Reserves and Resources

    RESERVES AND RESOURCES Grade For personal use only Mineral Reserves** Tonnes (Mt) (% Li2O) Probable 25.6 1.22 Grade Mineral Resources* Tonnes (Mt) (% Li2O) Measured 3.5 1.37 Indicated 24.5 1.25 Inferred 7.4 1.16 Total 35.3 1.25 * Refer to important and cautionary statement on Page 2 and MRE release

  18. Slide 18: For personal use only

    For personal use only http://www.atlanticlithium.com.au/ info@atlanticlithium.com.au Atlantic Lithium Limited Level 17, Angel Place, 123 Pitt Street, Sydney, NSW 2000

  19. Slide 19: For any further information, please contact

    1 February 2024 For any further informa�on, please contact: Atlan�c Lithium Limited Neil Herbert (Execu�ve Chairman) Amanda Harsas (Finance Director and Company Secretary) www.atlan�clithium.com.au IR@atlan�clithium.com.au Tel: +61 2 8072 0640 For personal use only SP Angel Corporate Finance LLP Yel

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