Lithium Energy Ltd. · ASX:LEL
Lithium Energy — Shareholder Meeting (October 2022)
22 slides from Lithium Energy's shareholder meeting presentation, Oct 5, 2022
Slide 1: Market Announcement: Presentation at Annual General Meeting
Wednesday, 5 October 2022 ASX Code: LEL MARKET ANNOUNCEMENT Presentation at Annual General Meeting Lithium Energy Limited (ASX:LEL) (Lithium Energy or the Company) is pleased to attach a copy of a presentation that will be delivered at the Company’s Annual General Meeting 1 to be held later today. A
Slide 2: Lithium Energy Limited 2022 Annual General Meeting
LITHIUM ENERGY LIMITED 5 October 2022 1 2022 Annual General Meeting ASX:LEL
Slide 3: Lithium Energy - One of the Best Performing IPO's of 2021
Lithium Energy - One of the Best Performing IPO’s of 2021 Fully Paid Ordinary Shares 95,010,000 Options 18,350,000 (Exercise Prices: $0.30, $1.39, $1.50, $1.595) Market Capitalisation (@ $0.77) $73 Million Cash (as at 30 September 2022) $20 Million IPO Issue Price May 2021: 0.20 2
Slide 4: Unique exposure to the two most important ingredients for Lithium-ion batteries
Unique exposure to the two most important ingredients for Lithium-ion batteries: Lithium and Graphite • Adjacent to and in same lithium • High grade flake graphite deposit brine basin as Allkem’s in low-risk jurisdiction. (ASX/TSX:AKE) lithium production • Favourable testwork results for EV project
Slide 5: Solaroz is located in the prolific 'Lithium Triangle' in Argentina
Solaroz is located in the prolific ‘Lithium Triangle’ in Argentina • World’s largest reserves of lithium are found in the Lithium Triangle. • Argentina is the world’s third largest producer of lithium after Australia and Chile. • Most of the world’s lithium supply currently comes from brine projects
Slide 6: Solaroz is located at the 'best address' in the Lithium Triangle
Solaroz (LEL 90%1) is located at the ‘best address’ in the Lithium Triangle • 12,000 Hectares of tenements adjacent to Allkem (ASX/TSX:AKE, Mkt.Cap. ~A$8.40 Billion) (formerly Orocobre Limited) and Lithium Americas Corporation (NYSE/TSX:LAC, Mkt.Cap ~US$3.68 Billion). • AKE (Salar de Jujuy JV with T
Slide 7: Exploration Target of 1.5 to 8.7 Million Tonnes of LCE for Solaroz
Exploration Target of 1.5 to 8.7 Million Tonnes of LCE @ 500 – 700mg/L Li for Solaroz1 The Exploration Target’s potential quantity and grade is conceptual in nature, there has been insufficient exploration to estimate a Mineral Resource, and it is uncertain if further exploration will result in the
Slide 8: Interpretation of recent Geophysics highlights Solaroz prospectivity and supports Exploration Target
Interpretation of recent Geophysics highlights Solaroz prospectivity and supports Exploration Target • Basement faults influence thicknesses of sedimentary units. • Interpreted conductive brines up to 300 metres thick, to depths of 500 metres. • Interpretation of recent TEM1 and Passive Seismic surv
Slide 9: 105 metres of highly conductive brines encountered in maiden drill hole
105 metres of highly conductive brines encountered in maiden drill hole1 • Maiden drillhole at Solaroz encountered significant intersection of 105 metres of highly conductive brines. • Brines encountered from ~65m to ~170m within an ‘upper aquifer’, with geophysics indicating further significant zon
Slide 10: Initial planned drilling programme at Solaroz comprises 10 holes, ~5,000 metres
Initial planned drilling programme at Solaroz comprises 10 holes, ~ 5,000 metres in total • Maiden drillhole SOZDD001 located within the Mario Angel concession at Solaroz, within 10Km of Allkem production borefields and 3km from Maria Victoria concession recently acquired by Allkem1. • Additional ri
Slide 11: Next Steps for Solaroz
Next Steps for Solaroz • Fast track initial 10 hole, 5,000 metre drill programme, with objective to deliver Maiden JORC Mineral Resource of Lithium. • Continue with interpretation of geophysics to build 3D model of interpreted conductive brines. • Local office established – continue to build local c
Slide 12: Burke Graphite Project
Burke Graphite Project Located in Queensland the Burke Graphite Project is one of the highest-grade graphite deposits globally, with confirmed potential for Graphite and Graphene production suitable for use in lithium-ion batteries. 11
Slide 13: The Burke Graphite Project is one of the highest-grade graphite deposits globally
The Burke Graphite Project is one of the highest-grade graphite deposits globally Total Graphite Content (TGC) of Graphite Projects Held by ASX Listed Companies 12 Source: Data compiled by Lithium Energy based on current company websites and or ASX announcements
Slide 14: Burke Graphite Deposit (LEL 100%), Queensland, Australia
Burke Graphite Deposit (LEL 100%), Queensland, Australia One of the world’s highest-grade deposits of flake graphite • JORC Inferred Mineral Resource 6.3 million tonnes @ 16.0% Total Graphitic Carbon (TGC) for 1,000,000 tonnes of contained graphite1. • Includes 2.3 million tonnes @ 20.6% TGC (with a
Slide 15: Purified Spherical Graphite opportunity
Purified Spherical Graphite opportunity Burke Graphite • Purified Spherical Graphite (PSG) is used as anode material for lithium-ion batteries • The demand for PSG is set to increase ten-fold over the next decade. • Most PSG comes from China using highly toxic ingredients for purification • Opportun
Slide 16: Next Steps for Burke Graphite
Next Steps for Burke Graphite Testwork and Studies • Further testwork by CSIRO and others to provide samples to potential off-take partners • Studies for PSG manufacturing facility Exploration – Burke Deposit • 2,500m drilling planned to upgrade Resource classification from JORC Inferred to Indicate
Slide 17: Lithium Energy has a highly experienced team
Lithium Energy Limited has a highly experienced team with strong Leadership, Technical and Commercial skills Chairman - William Johnson Director- Mr Farooq Khan MA (Oxon), MBA, MAICD Bjuris, LLB (Western Australia) Mr Johnson holds a Masters degree in Engineering Science from Oxford Farooq Khan is a
Slide 18: Summary – Lithium Energy is well positioned for forecast battery mineral demand
Summary – Lithium Energy is well positioned to take advantage of the forecast global growth in demand for key battery minerals Lithium • Solaroz offers significant upside potential, given its location 14,000,000 next to Allkem’s producing project – a great address! • Local office established. Explor
Slide 19: Australia – William Johnson, Executive Chairman
Australia William Johnson Executive Chairman Lithium Energy Limited Tel: +61 8 9214 9737 Mob: +61 419 047 460 wjohnson@lithiumenergy.com.au 18
Slide 20: About This Document / Forward Looking Statements
ABOUT THIS DOCUMENT This document has been prepared by Lithium Energy Limited (the "Company” or “LEL”). No representation, expressed or implied, or warranty as to the accuracy or completeness of the information contained herein is made by any party and nothing contained herein shall be relied upon a
Slide 21: JORC Code Competent Person's Statements
JORC CODE COMPETENT PERSON’S STATEMENTS JORC Code (2012) Competent Person Statement – Solaroz Lithium Project (Argentina) The information in this release that relates to Exploration Targets and Exploration Results in relation to the Solaroz Lithium Project is extracted from the following ASX market
Slide 22: JORC Code Competent Person's Statements (continued)
JORC CODE COMPETENT PERSON’S STATEMENTS (CONTINUED) b) The information in this release that relates to metallurgical test work results in relation to the Burke Graphite Project is extracted from the following ASX market announcements made by Strike dated: • 16 October 2017 entitled “Test-work confir