Slide 1: Investor Presentation - Mining Indaba
Investor Presentation Mining Indaba For personal use only 6-9 February 2023 CHARGING THE CHANGE
Slide 2: Important & Cautionary Statement
IMPORTANT & CAUTIONARY STATEMENT For personal use only Important notice Cautionary Statements These presentation slides (the “Slides”) have been prepared by Atlantic The information in the Slides that relates to the estimation and Forward-looking information is developed based on assumptions about L
Slide 3: Atlantic at a Glance
ATLANTIC AT A GLANCE For personal use only Flagship Project Strong Cash Position Ewoyaa, Ghana - 35.3Mt @ 1.25% Li2O c. US$14m for future growth Pre-Feasibility Study* Proven Premium Product Post-Tax NPV US$1.33bn High grade SC6 with low Internal Rate of Return 224% contaminants / Successful battery
Slide 4: Corporate Snapshot
CORPORATE SNAPSHOT For personal use only Capital Structure Major Shareholders Issued Capital: 605.7m Top 20 Shareholders: 73.14% Assore Int. Holdings 54.50m 2.7m 662.9m 25.06% Options Performance Rights Fully-diluted share capital Other Piedmont Lithium Inc 56.29% 9.39% US$305m US$14m Electrificatio
Slide 5: Board and Management
BOARD AND MANAGEMENT Neil Herbert – Executive Chairman Stu Crow – Senior Non-Executive Director BA (Hons) Economics & Economic History FCCA use only More than 30 years of experience in the mining sector in all aspects of corporate Over 30 years in finance since joining PwC and 25 years in mining sin
Slide 6: Piedmont Funding Agreement
PIEDMONT FUNDING AGREEMENT Targeted to Become First Ghana Lithium Producer For personal use only Piedmont Partnership – Atlantic maintains control STAGE 1 STAGE 3 EWOYAA FUNDING (US$m) OTHER KEY TERMS Initial Investment into Atlantic Funding of Capex PLL ALL Lithium Limited (c. US$16m) - Initial US$
Slide 7: Our Vision
OUR VISION A sustainable lithium supply with For personal use only positive social impact to support the global transition to a carbon neutral future. ATLANTIC LITHIUM LTD. LIMITED 7
Slide 8: Pathway to Production
PATHWAY TO PRODUCTION Targeting first concentrate Q4 2024 For personal use only 2023 2024 2025 MRE Update DMS Plant Transmission Commence Mobilise Site power Commissioning Resource: 35Mt & FEED line construction earthworks mining available and start-up Reserve: 28Mt Stage 1 DFS contractor Stage 1 Ra
Slide 9: Ewoyaa Lithium Pegmatite Discovery in Ghana
EWOYAA LITHIUM PEGMATITE DISCOVERY IN GHANA For personal use only 35.3Mt @ 1.25% Li2O (JORC 2012) 18.9Mt @ 1.24% Li2O Reserve (based on previous Resource and 3.5Mt @ 1.37% Li2O (Measured) Coarse Spodumene concentrate Pre-Feasibility Study*) 24.5Mt @ 1.25% Li2O (Indicated) Mining License application
Slide 10: Ghana & Cote d'Ivoire Lithium Portfolio
GHANA & COTE D’IVOIRE LITHIUM PORTFOLIO For personal use only Combined 1,334km2 portfolio secured Ghana & CDI Portfolio insert via earn-in & application (see insert) 560km2 Ghana portfolio within 110km of Takoradi port and 100km of Accra Coarse spodumene dominant pegmatite 137,000m drilled to date D
Slide 11: Coarse Spodumene – Broad Widths
COARSE SPODUMENE – BROAD WIDTHS For personal use only Coarse spodumene in outcrop Coarse spodumene pegmatite drill core ATLANTIC LITHIUM LIMITED 11
Slide 12: Simple Metallurgy – Premium SC6 Product
SIMPLE METALLURGY – PREMIUM SC6 PRODUCT For personal use only >6% spodumene concentrate at 10mm crush via conventional DMS Heavy Liquid Separation recoveries up to 90% Low contaminants; <1% Fe203, <3% combined Na2O & K2O Simple gravity process flow sheet; No early flotation Low capital intensity imp
Slide 13: Exceptional Logistics
EXCEPTIONAL LOGISTICS Sealed road within 1km of deposit For personal use only footprint 110km from project footprint to Takoradi port Takoradi Port currently exports 3Mt of Mn and approx. 1Mt Bx per year from existing facilities with available capacity Port being re-developed as a major West African
Slide 14: 35.3Mt @ 1.25% Li2O and Growing
35.3Mt @ 1.25% Li2O AND GROWING Current MRE footprint, additional resource drilling & target areas on pXRF Rb soils and LIBS Li soils For personal use only Significant potential to grow resource base within ‘mine corridor’ Proven low cost & effective exploration; airborne geophysics, grid soil geoch
Slide 15: Exploration Upside Multiple Targets Defined
EXPLORATION UPSIDE MULTIPLE TARGETS DEFINED For personal use only Only 15km2 of 560km2 (~3%) tenure portfolio drilled to date; predominantly within Ewoyaa High priority target zones corridor Regional target definition; Multiple untested targets Area on previous slide Helicopter geophysics and grid E
Slide 16: ESG Initiatives - Low Carbon Footprint
ESG INITIATIVES - LOW CARBON FOOTPRINT For personal use only Strong national employment and Community consultation meetings Weather station data download training programmes implemented Regeneration nurseries established and access/drill pad revegetation Community programmes and engagement; e.g. mar
Slide 17: Pre-Feasibility Study Delivers Robust Project Economics
PRE-FEASIBILITY STUDY DELIVERS ROBUST PROJECT ECONOMICS+ Pre-Feasibility Study* - 100% Project Basis Ultimate mining operation overview showing all associated project development infrastructure For personal use only Based on: 30.1Mt @ 1.26% Li2O US$1,359/t SC6 2Mtpa ROM NPV8 US$1.33bn (post tax) IRR
Slide 18: Our Growth Story
OUR GROWTH STORY For personal use only Building Ghana’s First Lithium MIne Targeting: Excellent Project DFS end Q2 2023 Economics* Operating Permit end 2023 12.5 year mine life Production end 2024 Strong ESG producing 255,000tpa of SC6 Credentials at FOB Opex of US$278/t. Post-tax NPV8 of US$1.33bn,
Slide 19: Ghana - Country Profile and Project Location
GHANA- COUNTRY PROFILE AND PROJECT LOCATION / PRO MINING INVESTMENT FRAMEWORK For personal use only Mineral Rights, Licences & Population Permits: 30.8 million Exploration Permits – 4 years Area and 2 x 3 year extensions 238,000 km2 with up to ½ relinquishment Language Mining Permits – granted for E
Slide 20: For personal use only
For personal use only http://www.atlanticlithium.com.au/ info@atlanticlithium.com.au Atlantic Lithium Limited Level 33, Australia Square, 264 George Street, Sydney, NSW 2000