Argosy Minerals Limited · ASX:AGY
Argosy Minerals — Macquarie Critical Minerals Forum 2023
21 slides from Argosy Minerals's conference presentation, Jun 27, 2023
Slide 1: ASX: AGY
ASX: AGY www.argosyminerals.com.au
Slide 2: Investment Case
Investment Case Strong cash position, to be boosted by sales at lucrative lithium prices from 2,000tpa production operations Becoming only the second commercial lithium carbonate producer on ASX Clear growth and development pathway with preferred strategic partner interest to fund 10,000tpa expansio
Slide 3: Building a Tier-1 Lithium Producer
Building a Tier-1 Lithium Producer • Well established & experienced team of technical operators in Argentina • Supported by strong technical and corporate team in Perth Experienced Team • Pablo Alurralde with +30 years industry experience, ex-FMC (Livent), patented lithium carbonate production • Ind
Slide 4: Corporate Snapshot
Corporate Snapshot Capital Structure Recent Share Price Performance Shares on issue 1,404,407,498 0.80 Share price 1 A$0.395 0.70 0.60 Market capitalisation 1 A$555 million (Price A$/sh) 0.50 2 Cash A$30.7 million 0.40 2 Debt Nil 0.30 0.20 ASX code AGY 0.10 Major Shareholders 0.00 Board & Management
Slide 5: Rincon Lithium Project
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Slide 6: 2,000tpa Operation – Commercial Production
2,000tpa Operation – Commercial Production Construction complete - Commissioning & ramp-up works in progress Current commissioning works progressed to a semi- continuous operations phase Producing high purity battery quality Li2CO3 product av99.79%, successfully produced over 17.5t to date Targeting
Slide 7: 2,000tpa Operation – Commercial Production
2,000tpa Operation – Commercial Production Completed additional works at the 2,000tpa facility, comprising a waste module, bakery, gym, recreation room and supplementary office Completed construction of additional 20Ha evaporation ponds Salt harvesting works conducted Ongoing training of operations
Slide 8: 2,000tpa Operation – Commercial Production
2,000tpa Operation – Commercial Production 8
Slide 9: 10,000tpa Operation – Production Expansion
10,000tpa Operation – Production Expansion Investment case Status Technical & financial works outline exceptional Regulator engagement to finalise EIA regulatory results and commercial metrics approval Planning works and project engineering definition Utilising same proven and tested processing unde
Slide 10: 10,000tpa Operation – Production Expansion
10,000tpa Operation – Production Expansion 10
Slide 11: Strategic Partner Process
Strategic Partner Process Maximise Argosy Shareholder Value World class Strategic Long-term strategic funding for off-take partner 10,000tpa agreement operation Protracted process due to multiple and differing propositions received from across the EV supply chain Identified preferred strategic p
Slide 12: Clear Development & Production Growth Path
Clear Development & Production Growth Path Production Expansion Development >12,000tpa Li2CO3 Production Operations >12,000tpa Awaiting regulatory approval to commence construction 10,000tpa Operation Development 10,000tpa Li2CO3 Production Operations 12,000tpa Industrial Scale Pilot Plant Operation
Slide 13: Significant Infrastructure Footprint
Significant Infrastructure Footprint Rincon has significant site, power and Existing ~58ha transport infrastructure in place operational evaporation ponds Commercial 10,000tpa scale evaporation Site of 2,000tpa facility & ponds (~300ha) to be constructed ~6km from planned 10,000tpa production wells
Slide 14: Minimal Environmental Footprint
Minimal Environmental Footprint Low Energy Use Low Water Consumption High Water Recycling • Initially ~1MW for 2,000tpa • ~8m3/h for 2,000tpa operation & • ~90% of operational water to be operation & ~6MW for ~40m3/h for 10,000tpa operation recycled 10,000tpa operation • Ensures nominal impact on lo
Slide 15: ESG – A Commitment to Sustainability
ESG – A Commitment to Sustainability Reducing Environmental Valuing People & Governance and Impact Communities Sustainability • Emission Reduction • CSR Program established • Implementation of • Waste Management 2017 strengthened Enterprise • Water conservation • Improving general conditions Risk Ma
Slide 16: Resource Expansion Underway – Exploration Upside
Resource Expansion Underway – Exploration Upside JORC (2012) Indicated MRE of 245,120mt of contained Li2CO3 with weighted mean average lithium concentration of 325mg/L to a vertical depth of 102.5m Additional Exploration Target1 of 262,000t to 479,000t contained Li2CO3 based on a weighted average gr
Slide 17: Tonopah Lithium Project – Nevada, USA
Tonopah Lithium Project – Nevada, USA TONOPAH IS STRATEGICALLY LOCATED IN THE EMERGING USA LITHIUM HEARTLAND Located ~4km from Albermarle’s longstanding Silver Peak operation - the only lithium carbonate operation in USA Geophysical data identifies lithium brine target areas Gravity-derived 3D depth
Slide 18: Upcoming Milestones
Upcoming Milestones Complete commissioning works for 2,000tpa Li2CO3 operation Execute off-take agreement with strategic partner for long-term supply of battery quality lithium carbonate product Execute finance agreement with strategic partner for 10,000tpa development investment funding Ram
Slide 19: Contact
Argosy Minerals Limited (ASX: AGY) +61 8 6188 8181 Contact admin@argosyminerals.com.au www.argosyminerals.com.au Level 2, 22 Mount Street Perth WA 6000 Australia 19 This announcement has been authorised by Jerko Zuvela, the Company’s Managing Director
Slide 20: Disclaimer & Important Statement
Disclaimer & Important Statement • This presentation is for information purposes only. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction. This presentation m
Slide 21: Disclaimer & Important Statement
Disclaimer & Important Statement • The Mineral Resources information in this report is extracted from the report entitled “Argosy Upgrades Lithium Rincon Lithium Project JORC resource” dated 13 November 2018 available at www.argosyminerals.com.au and www.asx.com. Argosy confirms that it is not aware
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