Vulcan Energy Resources Ltd. · ASX:VUL
Vulcan Energy Resources — Investor Presentation (February 2020)
23 slides from Vulcan Energy Resources's investor presentation, Feb 21, 2020
Slide 1: Corporate Presentation Q1 2020
For personal use only Corporate Presentation Q1 2020
Slide 2: Disclaimer
Disclaimer For personal use only The information contained in this presentation has been prepared by Vulcan Energy Resources Ltd. This presentation is not an offer, invitation, solicitation or other recommendation with respect to the subscription for, purchase or sale of any securities in VUL. This
Slide 3: Mission Statement & Summary
Mission Statement & Summary Selling Zero Carbon Renewable Lithium™ Geothermal Energy Hydroxide into the Vulcan Energy Resources seeks to For personal use only Production & Sales Fastest Growing for Feed-in-Tariff: Market in the decarbonize the currently high carbon Decarbonizing the World: the Germa
Slide 4: Vulcan Summary: Best-in-Class for the 2020s
Vulcan Summary: Best-in-Class for the 2020s For personal use only 1. 2. 3. 4. 5. 6. 7. 8. World’s 1st & Only Positive Scoping Dual Revenue . Size & Quality: Location: Centre Local Partners & The Right Team World’s Most Zero-Carbon Study Potential Europe’s Largest of Fastest Infrastructure For The Jo
Slide 5: Zero Carbon Lithium Products: Unprecedented Demand
1. Zero Carbon Lithium™ Products: Unprecedented Demand For personal use only EV raw material supply chains have a carbon footprint problem. Embodied Manufacturing tCO2 Emissions (Normalized) Volkswagen is placing great importance on having a CO2-neutral production supply chain for its new EV lin
Slide 6: Independently-Verified Zero CO2 Credentials: World-First
1. Independently-Verified Zero CO2 Credentials: World-First “No need for high energy mining, crushing, grinding and roasting processes used in Europe’s Choice: hard-rock lithium deposits.” For personal use only Minviro Independent ISO 14044 Study Hard-rock spodumene in Australia/Portugal with Salar-
Slide 7: Positive Scoping Study
2. Positive Scoping Study Electric Transport to Nearby For personal use only Zero Carbon EU Cathode Plants TM Lithium Process Zero Carbon LiOH - H2O Lithium Hydroxide Zero Carbon Production Heat & Power Plant Trucking of Lithium Lithium Stage Stage Chloride Liquor Zero Carbon Hydroxide Impurity Impu
Slide 8: Direct Lithium Extraction: Commercial Future of Lithium
2. Direct Lithium Extraction: Commercial Future of Lithium The Vulcan Project will utilize a Direct Lithium Extraction (DLE) process to extract lithium DLE Plants: Commercially Operating Now For personal use only from the brine, driven by readily-available heat & power used to produce premium, Mul
Slide 9: Dual Revenue Potential
3. Dual Revenue Potential Combined Project For personal use only Diverse Revenue Streams Potential to split project funding into renewables & lithium project Geothermal Revenue Potential Lithium Revenue Potential with separate investors. from German Feed-in-Tariff (Stage 1 & 2) (Stage 2) When co
Slide 10: Size: Vulcan Project Resource is World-Class
4. Size: Vulcan Project Resource is World-Class For personal use only Major Lithium Brine Resources (Mt LCE) Exploration Target Max. Estimate 13.95 Mt LCE Upper Rhine Valley 24.6 Mt LCE Cauchari-Olaroz 6.4 Mt LCE Olaroz Exploration Target Min. 4.9 Mt LCE Estimate Pastos Grandes 0 100 200 300 400 500
Slide 11: Size: Upper Rhine, Germany, is Europe's Lithium Valley
4. Size: Upper Rhine, Germany, is Europe’s “Lithium Valley” For personal use only Germany: Largest JORC Lithium Mineral Resource Endowment in Europe Germany (Vulcan Project) Czechia Serbia Spain Portugal JORC Lithium Mineral Resource Endowment (Mt LCE) 13.95 7.17 6.24 1.68 0.71 Image shows resources
Slide 12: Size: Large, Strategic Project Area in the Lithium Valley
4. Size: Large, Strategic Project Area in the “Lithium Valley” For personal use only Most well-explored graben system in the world: large quantities of existing 2D and 3D seismic data to shortcut development timeline. Dominant license landholding in lithium-rich brine field - ~ 800 km2 of licens
Slide 13: Quality: Rare Lithium Grades, Heat & Brine Flow Rate
4. Quality: Rare Lithium Grades, Heat & Brine Flow Rate 200 Lithium For personal use only Concentration in Brine 150 (mg/L Li) 100 50 0 Vulcan geothermal brine field exhibits Li values one to two orders of magnitude greater than typical geothermal brines1: average of 181 mg/L Li. Typical geother
Slide 14: Location: Centre of Fastest Growing Lithium Market
5. Location: Centre of Fastest Growing Lithium Market Brandenburg, 2021 For personal use only Capacity Unknown Mo I Rana, 2023 Ramp up to 32 GWh Salzgitter, 2024 16 GWh, later 24 GWh Skellefteå, 2021 32 GWh later 40 GWh Erfurt, 2022 Brandenburg 2021 14 GWh later 100 GWh Ramp up to 8-12 GWh Sunderlan
Slide 15: Location: Unprecedented Growth in Demand for Li in EU
5. Location: Unprecedented Growth in Demand for Li in EU For personal use only China Lithium-Ion Battery European Lithium-Ion Battery Cell Vulcan Energy Resources Target Market Cell Production to 2018 Production Forecast to 2028 2028 2028 >400 GWh >400ktpa 2018 LiOH.H2O 50 GWh Total EU Market Size 2
Slide 16: German Utility Partnership: Shortcut to Development
6. German Utility Partnership: Shortcut to Development For personal use only MoU agreement signed Nov 2019 with subsidiary of German utility Pfalzwerke Group – Pfalzwerke geofuture, for JV at operational Insheim geothermal plant to produce lithium hydroxide. Transformational agreement for Vulcan
Slide 17: The Right Team for the Job
7. The Right Team for the Job Dr. Francis Wedin – Managing Director & CEO Founder of Vulcan Zero Carbon Lithium™ Project. Previously Executive Director of ASX-listed Exore Resources Ltd. Management experience in resources sector on four continents; For personal use only bilingual; dual Swedish/EU &
Slide 18: World's Most Rapidly Advancing Lithium Project
8. World’s Most Rapidly Advancing Lithium Project For personal use only Maiden JORC Resource & MoU Agreement with German Plant Operator Scoping Study & LCA Completion Pilot Plant & PFS Permitting, Demo Plant, DFS Permitting, Financing, Construction Staged Commercial Operation 2020 2021 2022 2023-24
Slide 19: Vulcan: A Unique Investment Proposition
Summary | Vulcan: A Unique Investment Proposition For personal use only 1. World’s 1st & Only Zero-Carbon Lithium™ Process: Branded, Premium Product 2. Positive Scoping Study 3. Diversified Revenue Potential 4. Size & Quality: Europe’s Largest JORC Lithium Resource 5. Location: Centre of Fastest Gro
Slide 20: Appendix 1: Capital Structure
Appendix 1: Capital Structure For personal use only ASX : VUL Board & Management Shares on Issue 48,500,002 Institutional Options (28.5c expiring in December 2020) 12,687,512 Retail Performance Milestone Shares* 13,200,000 Performance Rights** 6,350,000 Market Capitalization at 25c (undiluted) ~$12M
Slide 21: Appendix 2: Proud Members of a Leading-Edge Industry
Appendix 2: Proud Members of a Leading-Edge Industry For personal use only 21
Slide 22: Appendix 3: Information for Slide 10
Appendix 3: Information for Slide 10, 11 and 13 Company Code Project Stage Resource Category Brine M3 Resource Grade (mg/l Contained LCE Tonnes Information Source Li) For personal use only Orocobre ASX:ORE Salar de Olaroz Production Measured & Indicated 1.8 x 109 690 6.4 Company Presentation 5 May 2
Slide 23: Thank you
For personal use only Thank you Thank You. @VulcanEnergyRes V-er.com info@v-er.com ASX:VUL FRA:6KO
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