Slide 1: ASX Announcement: Updated Presentation
5 December 2024 ASX Announcement Updated Presentation ASX: ASN Announcement Anson Resources Limited (Anson or the Company) hereby advise that the announcement titled “Benchmark Week 2024 Presentation” was updated with the addition of a statement required by ASX listing rule 5.19.2, changes to Explor
Slide 2: Anson Resources Benchmark Week 2024
For personal use only ANSON RESOURCES Benchmark Week 2024 November 2024
Slide 3: Disclaimer & Important Notice
Disclaimer & Important Notice The information contained in this document ("Presentation") has been prepared by Anson of Mining and Metallurgy. Mr Knox is a geologist who has sufficient experience which is Resources Limited ("Company"). It has not been fully verified and is subject to material releva
Slide 4: Snapshot: Charging America's Future
Snapshot: Charging America’s Future Anson Resources, via its 100% owned U.S. subsidiary A1 Lithium Inc, is developing two Projects in the Paradox Basin in Utah USA, to supply IDAHO eco-friendly lithium for the energy transformation. The Paradox and Green River projects are 65km apart in a massive re
Slide 5: IRA: Shortage of Supply Driving A Price Premium
IRA: Shortage of Supply Driving A Price Premium For personal use only 60% 98% 24,755 4
Slide 6: Availability: Does it Matter?
Availability: Does it Matter? U.S. DEMAND AND SUPPLY OF IRA COMPLIANT LITHIUM* 800,000 For personal use only 700,000 600,000 500,000 400,000 300,000 200,000 100,000 0 2024 2025 2026 2027 2028 2029 2030 Lithium Hydroxide Supply IRA - Base Lithium Carbonate Supply IRA - Base Lithium Hydroxide Supply I
Slide 7: Availability: Barriers Create a Premium
Availability: Barriers Create a Premium REALISTIC U.S. DEMAND AND SUPPLY OF IRA COMPLIANT LITHIUM* 800,000 For personal use only 700,000 600,000 500,000 400,000 300,000 200,000 100,000 0 2024 2025 2026 2027 2028 2029 2030 Lithium Hydroxide Supply Domestic USA Lithium Carbonate Supply Domestic USA Li
Slide 8: US Price Premium
US Price Premium 16 35% 30% 15 Lithium Carbonate Spot Price USD/kg For personal use only 25% 14 USD Premium (%) 20% 13 15% US to 12 China 10% Premium 11 5% 10 0% Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Month Li Carb Battery Grade 99.5% US Spot Price Li Carb Battery Grade 99.5% China
Slide 9: US Lithium Price Adoption and Premium: Key Drivers
US Lithium Price Adoption and Premium: Key Drivers For personal use only Anson Resources | ASX: ASN 8
Slide 10: Availability: Barriers Create a Premium
Availability: Barriers Create a Premium Low Carbon Lithium Sought After by the EU For personal use only Anson Resources | ASX: ASN 9
Slide 11: Utah USA: A World-Class Source of Lithium
Utah USA: A World-Class Source of Lithium Large Lithium Brine Reservoir Supports Growth • Scale of the reservoir and near-term expansion For personal use only optionality positions Anson to capitalise on regionalisation of critical upstream and downstream lithium supply chain. GREEN RIVER • Anson es
Slide 12: Low Operating Costs: First Quartile
Low Operating Costs: First Quartile Production Life Total Revenue NPV7 pre-tax 13,074 tpa (Y1-10) 23 years US$ 5,080 m US$ 1,305 m For personal use only IRR CAPEX Annual EBITDA2 C1 OPEX1 47% US$ 495 m US$ 153 m US$ 4,368 /t LCE Global Lithium Carbonate C1 Cost Curve (2025)3 • Anson’s potential 1 st
Slide 13: Green River Resource: Utah approves KM2
Green River Resource: Utah approves 27 KM2 • Utah State approval granted an additional 21 strategic SITLA blocks as 1 large Other Business For personal use only Agreement (ML 54440 OBA) – Sept • New tenure covers a total area of 6,685 acres (27.05 km2) • Total Area – 33,105 acres (133.95km2) • Able
Slide 14: Green River: Infrastructure Advantage
Green River: Infrastructure Advantage For personal use only Anson Resources | ASX: ASN 13
Slide 15: Green River: milestones and approvals
GREEN RIVER: ys Approval from UIC Water State of Utah Disposal Permit for Brine Extraction at Green River Q wacom Saee K\ QUALITY | 4 Completion of @iLGEnergySolution Koch pilot plant all geotechnical \ iy Approvals‘ a4 granted for drilling Resource Offtake agreement commissioned studies for drillin
Slide 16: Leading Partners
: Leading Partners Technology & Investment for US Lithium by Global Major • Agreement with Koch Technology Solutions for For personal use only testing of a Li-Pro Lithium Selective Sorption (LSS) pilot unit using brine from the Green River Lithium Project. • Superior results than DFS – KTS treatabil
Slide 17: ESG
“We are proud that these kinds of projects bring more jobs to rural Utah ESG and help source critical minerals that will enable a clean energy future.” - Utah Governor Spencer Cox Sept 2024 March 24 Aug 24 “Melon Days” Festival Title Sponsor Green River Townhall Meeting Utah State Congress For perso
Slide 18: Upcoming Catalysts for Anson Resources
Upcoming Catalysts: For Anson Resources Strategic Offtake – LGES Definitive Agreement and Additional Strategic Offtake For personal use only Approvals – Secure Remaining Production Permit + Construction Permits JORC Resource Expansion – Exploration target of 1.1 – 1.6Bt of brine, grading 100 – 150pp
Slide 19: Thank You
For personal use only THANK YOU 18
Slide 20: Lithium: Green Shoots
Lithium: Green Shoots China EV monthly retail (units) and % penetration China EV Sales Records August 2024 • China EV retail sales achieved a record of 1,025,100 For personal use only sales, 43% yoy growth, 53.7% market penetration. Lithium Producers Reducing Output • CATL ceased lepidolite processi
Slide 21: Paradox Resource: Federal Approval Re-entry Drilling
Paradox Resource : Federal Approval Re-entry Drilling • Anson has received a new approval from the USA, Department of Interior Bureau For personal use only of Land Management (BLM) for its Western Strategy drilling program at the Paradox Lithium Project in Utah, USA • Re-entry drilling will target t
Slide 22: Executing Funding Strategy: EXIM Support
Executing Funding Strategy: EXIM Support • US EXIM US$330 million potential debt financing, subject to completion of due diligence and definitive For personal use only documentation. • US EXIM potential debt financing amount provides up to 60% of project funding required, as targeted under Anson’s 6
Slide 23: Paradox JORC Lithium Resource
PARADOX JORC LITHIUM RESOURCE Brine Grade (ppm) Contained (‘000 t) Formation Clastic Zone Category (Mt) Li Br Li2CO3 Br2 Indicated 57 165 2,814 50 162 For personal use only Paradox Formation – CZ31 31 Inferred 92 176 2,677 86 246 CZ31 Resource 149 172 2,738 136 408 17, 19, 29, 33, 43, Indicated 194
Slide 24: Ajana: Expanding Anson's Critical Minerals
AJANA: EXPANDING ANSON’S CRITICAL MINERALS • Anson’s discovery of Gallium, Indium, Germanium and Barium expands Anson’s Gallium price worldwide from portfolio of Critical Minerals strategic to January 2018 to January 2024 For personal use only geopolitics and world trade*. This includes rock- chip s
Slide 25: Uranium: Yellow Cat Project, Utah
URANIUM: YELLOW CAT PROJECT, UTAH The US Federal government passed the Prohibiting Russian Uranium Act to ban the import of Russian origin Uranium into the US and has unlocked ~US$2.7 Billion in funding to re- build the US uranium supply chain For personal use only • Anson’s Resources included in Gl
Slide 26: For personal use only
For personal use only Anson Resources | ASX: ASN 25
Slide 27: Appendix: Exploration Targets
Appendix 1 : Exploration Targets The Exploration Target is conceptual in nature as there has been insufficient exploration undertaken on the Project to define a mineral resource. It is uncertain that future exploration will result in a mineral resource. The exploration target is based on the current
Slide 28: Appendix: Exploration Targets - Green River
Appendix 1 : Exploration Targets Green River The Exploration Target for Green River was based on data obtained from both diamond core and mud rotary For personal use only drilling across the project area and was restricted to the claims area owned by Anson. Drillholes in the area are spaced from 0.3