Lithium Americas Corp. · NYSE:LAC
Lithium Americas — Shareholder Meeting (June 2019)
14 slides from Lithium Americas's shareholder meeting presentation, Jun 26, 2019
Slide 1: Annual General Meeting
Cauchari-Olaroz Project Jujuy, Argentina LithiumAmericas ANNUAL GENERAL MEETING JONATHAN EVANS - PRESIDENT AND CEO JUNE 26, 2019
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT Technical Information Scientific and technical information in this presentation about the Cauchari-Olaroz Project and the Thacker Pass Project has been reviewed and approved by Rene LeBlanc, the Company's Chief Technical Officer and a non-independent qualified person under NI 43
Slide 3: Lithium Americas - Overview
LITHIUM AMERICAS - OVERVIEW LAC is focused on advancing world-class lithium projects Vancouver to production Thacker Pass e 50% interest in the Cauchari-Olaroz LI Reno lithium brine project in Argentina! Atlanta | + LAC is partnered in a 50 / 50 JV with Ganfeng Lithium to jointly build and operate t
Slide 4: Recent Milestones - Last Months
RECENT MILESTONES - LAST 12 MONTHS LAC has continued to advance both projects to production and build a leading lithium company = JUNE 2018 Released PFS results for Thacker Pass = AUGUST 2018 Restructured Cauchari-Olaroz JV with a new JV with Ganfeng Lithium (62.5% LAC, 37.5% Ganfeng Lithium) Commen
Slide 5: Lithium Market Update
LITHIUM MARKET UPDATE While lithium prices have come off from recent highs, the positive outlook for the industry remains intact with the demand expectations continuing to rise Lithium Price ($/tonne) $30,000 4 $20,000 4 $10,000 + Lithium Market Demand (O00t LCE) 1,500 4 1,000 4 500 | 265 kt (2018)
Slide 6: Cauchari-Olaroz Lithium Project
CAUCHARI-OLAROZ LITHIUM PROJECT Development planning underway for initial 40,000 tpa lithium carbonate production capacity Y Construction on track for first production by H2 2020 = Over 520 employees and contractors mobilized v Expansion potential being considered = Updated DFS underway considering
Slide 7: Cauchari-Olaroz - Updated Resource
CAUCHARI-OLAROZ - UPDATED RESOURCE MineraExar Cauchari-Olaroz is the largest known NI 43-101 brine resource in development in South America and one of the few brine resources with an average lithium concentration over 500 mg/L Lithium Brine Resources Inferred »M&l (MMt LCE) 20.0 ' ' ' 18.0 | 1 t 15.
Slide 8: Cauchari-Olaroz Construction Schedule
CAUCHARI-OLAROZ CONSTRUCTION SCHEDULE MineraExar Commenced detailed engineering. Expansion of camp. Drilling campaign. Early works construction. Ganfeng Lithium Announced $160M Project Investment to form 50/50 joint venture! Commence plant construction. 2016 2018 2020 a Pe 2017 2019 2021 LAC and SQM
Slide 9: $160M Project Investment by Ganfeng
$160M PROJECT INVESTMENT BY GANFENG Ganfeng Lithium agreed to make a $160M Project Investment into Cauchari-Olaroz increasing its interest from 37.5% to 50% v Improves balance sheet and liquidity = $160M Project Investment in Cauchari-Olaroz is in addition to LAC’s over $280M in available capital v
Slide 10: Fully-Funded to Production
FULLY-FUNDED TO PRODUCTION With the $160M Project Investment, LAC is fully-funded to bring Cauchari-Olaroz into Stage 1 production and Thacker Pass to a final investment decision Sources of Capital Total available to fund LAC’s 50% share of Cauchari-Olaroz A f $80M ' $366M $150M Total available for
Slide 11: Thacker Pass Lithium Project
THACKER PASS LITHIUM PROJECT Advancing a low-cost and scalable lithium project to a construction decision in Nevada, USA Thacker Pass LithiumNevecs = 100% owned by Lithium Nevada Corp., a wholly owned subsidiary of Lithium Americas. Winnemucca = Modern infrastructure: = Located near the mining town
Slide 12: Thacker Pass Projected Development Schedule
THACKER PASS PROJECTED DEVELOPMENT SCHEDULE Updated resource estimate to 6 Mt LCE, the largest Li deposit in North America. Completed process testing. Completed PFS. Submit Mine Plan of Operations to Initiated baseline surveys. BLM and commence EIS process. Commissioning and Phase 1 production. 2017
Slide 13: Summary
SUMMARY LithiumAmericas ARGENTINA The next lithium producer from brine * Construction on track to reach production in H2 2020 + Stage 1 fully-funded to production * 2017 DFS supports production at low- end of cost curve ($2,495/t) RISK STRATEGY Following a low-risk development approach * LAC is stro
Slide 14: Contact Information
Lithium CONTACT INFORMATION info@lithiumamericas.com 300 - 900 West Hastings Vancouver, BC V6C 1E5 Canada Thacker Pass Project f Nevada, USA