Pls Group Limited · ASX:PLS
Pls — Pilbara Minerals — Fastmarkets Lithium Supply and Battery Raw Materials Conference 2024
21 slides from Pls's conference presentation, Jun 26, 2024
Slide 1: The Lithium Market Development – Positioning to Capitalise
For personal use only 26 June 2024 The Lithium Market Development – Positioning to Capitalise Fastmarkets Lithium Supply and Battery Raw Materials Conference 2024 ASX: PLS ASX: PLS
Slide 2: The largest independently owned hard rock lithium company in the world
For personal use only The largest, independently owned, hard rock lithium company in the world 2
Slide 3: Pilbara Minerals – a major lithium materials supplier
Pilbara Minerals – a major lithium materials supplier For personal use only 100% owner of Tier 1 Asset in leading low risk mining jurisdiction ~34-year mine life with 214Mt at 1.2% Li2O Ore Reserve1 ~140km to Port Production capacity increase Hedland by road to 1mtpa2 under construction and 2mtpa fe
Slide 4: Delivering our strategy
Delivering our strategy For personal use only Lorem ipsum re pe sincid et ut provit unt eicto odit rem qui ni Operate amust am, voluptas aut que ne cum faccae moluptatem Deliverfuga. our operating performance Quis ab ius, ati commitments auditatquiae ex expedio To be a leader nemquia tendus. Grow in
Slide 5: Globally significant lithium resource
Globally significant lithium resource Global hard rock lithium project landscape (bubble size represents Resource Lithium Carbonate Equivalent (LCE)) 1 For personal use only 1.7% 1.6% Mt Holland 1.5% 1.4% Greenbushes 1.3% Grade Li2O (%) 1.2% Pilgangoora Wodgina 2017 1.1% Development and Exploration
Slide 6: Scaling production in line with lithium market growth
For personal use only Scaling production in line with lithium market growth 6
Slide 7: Growing production in line with market
Growing production in line with market For personal use only Production FY19 – FY23 CAGR Expanded nameplate capacity +37% P1000 P2000 PFS3 (Future) name plate capacity2 660-6901 620 378 281 175 (kdmt) 91 FY19 FY20 FY21 FY22 FY23 FY24 FY25 P2000 3 Growth rate - (48%) 210% 34% 64% 9% 1 FY24 production
Slide 8: P2000 PFS highlights
1 P2000 PFS highlights For personal use only Production NPV IRR 2 Mtpa $2.6B 55% Potential On 8% real, on cash flows production post tax post tax capacity (SC5.2) New plant Next steps Timing Whole of ore Feasibility study Creates optionality. flotation plant commenced, FID subject to with estimated
Slide 9: Proposed P2000 footprint
Proposed P2000 footprint For personal use only 9 9
Slide 10: P2000 year average production profile
P2000 10 year average production profile For personal use only 10 year average production of 2,500 ~1.9Mtpa at 5.2% grade1 2,000 1,500 1,000 500 - 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 1 Future production profile is subject to successful construction and commissioning of the P1000 P
Slide 11: P2000 incremental NPV sensitivities
1 P2000 incremental NPV sensitivities For personal use only NPV sensitivity $5.9B (A$ billion) $4.3B $2.6B $0.9B $1,000 $1,250 $1,500 $1,750 $2,000 $2,250 $2,500 Spodumene concentrate price (6% basis) US$/t real 1 For more information, please see Pilbara Minerals ASX announcement “Study Delivers 2MT
Slide 12: Long term global demand trend for lithium continues
For personal use only Long term global demand trend for lithium continues 12
Slide 13: Strong growth fundamentals for EVs…
Strong growth fundamentals for EVs… For personal use only Global EV sales1 Global EV sales (Millions)2 (Jan 2019 – April 2024) (2015 – 2040) 1.6 120.0 80.0% 1.4 70.0% 100.0 1.2 60.0% 80.0 1.0 50.0% EVs early in adoption Millions Millions 0.8 60.0 40.0% 0.6 30.0% 40.0 0.4 20.0% 20.0 0.2 10.0% 0.0 0.0
Slide 14: …with global growth made-up of sub-markets on differing trajectories…
…with global growth made-up of sub-markets on differing trajectories… For personal use only Global EV sales market share by region1 EV penetration by major regions1 100% 40% 90% 35% 80% 30% 70% 25% 60% Primary Rejection Facility completed 50% 20% 40% 15% 30% Under construction 10% 20% 5% 10% 0% 0% C
Slide 15: …driving demand for lithium and clean energy solutions
…driving demand for lithium and clean energy solutions For personal use only Annual lithium demand1 Global investment in energy2 2000 4,000 3,500 1500 3,000 22% CAGR 2,500 (estimate) CY23 - CY28 1000 Kt LCE US$B 2,000 1,500 500 1,000 0 500 Fossil fuels Fossil fuels Fossil fuels Fossil fuels Fossil f
Slide 16: Contacts
Contacts For personal use only Investor Relations James Fuller Manager, Investor Relations T: +61 (0) 488 093 763 James.Fuller@pilbaraminerals.com.au Media Michael Vaughan Fivemark Partners T: +61 (0) 422 602 720 16
Slide 17: Appendices
For personal use only Appendices 17
Slide 18: Important notices
Important notices This document has been prepared by Pilbara Minerals Limited (“Pilbara” or “Pilbara Minerals” or the “Company”) and is dated 26 June 2024. Not an offer of securities For personal use only This document is provided for informational purposes and does not constitute or contain an offe
Slide 19: Important notices
Important notices Important Information regarding Mineral Resources, Ore Reserves and P680, P1000 and P2000 Projects Information in this document regarding production targets and expansions in nameplate capacity of the Pilgangoora Operation in respect of the P680, P1000 and P2000 projects are underp
Slide 20: Pilgangoora Mineral Resources and Ore Reserves
Pilgangoora Mineral Resources and Ore Reserves For personal use only Category Tonnes Li2O Ta2O5 Fe2O3 Li2O Ta2O5 (Mt) (%) (ppm) (%) (Mt) (M lb) Mineral Resource estimate at 30 June 2023 Measured 22.1 1.34 146 0.44 0.3 7 Indicated 315.2 1.15 106 0.53 3.6 74 Inferred 76.6 1.07 124 0.54 0.8 21 Total 41
Slide 21: Supporting data: Hard-rock Mineral Resources (slide 5)
Supporting data: Hard-rock Mineral Resources (slide 5) Total Resource grade Contained Li2O Contained LCE For personal use only Rank1 Company2 Project name Category Location Announcement title Announcement date (Mt) (% Li2O) (Mt) (Mt)3 1 AVZ Minerals Manono Development Africa Manono Project Mineral R
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