Liontown Limited · ASX:LTR
Liontown — Q3 2024 Earnings Presentation
14 slides from Liontown's earnings presentation, Oct 30, 2024
Slide 1: September Quarter 2024 Presentation
DRAFT – NOT FOR FURTHER DISTRIBUTION September Quarter 2024 Presentation Tony Ottaviano: Managing Director and CEO Jon Latto: Chief Financial Officer Adam Smits: Chief Operating Officer 30 October 2024 ASX: LTR ltresources.com.au
Slide 2: Important Information
Important Information Forward looking statements Competent person statement This Presentation contains forward-looking statements which are identified by words such as ‘may’, ‘could’, The Information in this Presentation that relates to Mineral Resources for the Kathleen Valley Project is ‘believes’
Slide 3: ESG Performance - September Quarter 2024
NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES ESG Performance - September Quarter 2024 Safety Environment TRIFR 5.68 ↓ Renewable Penetration LTIFR 0.32 (–) 86% ↑ Social Governance Female Workforce Material Reportable 21% ↑ incidents In line with industry benchmark Zero (–) Notes: 1. (-) desig
Slide 4: Production Highlights - September Quarter 2024
NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES Production Highlights - September Quarter 2024 Mining Processing Plant availability 4.14Mt 282kt 87% total material mined for processed in the quarter September month average the quarter (Open pit: 3,957kt; Underground: 187kt) Production Sales Lit
Slide 5: Performance: Mining advancing at a steady drumbeat
NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES Performance: Mining advancing at a steady drumbeat Mining production • Continues to deliver across both open pit and underground with 4.14Mt total material mined for the quarter • Total stockpiles of 674kt at quarter end (including 309kt clean ore
Slide 6: Performance: Improving key process plant metrics
NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES Performance: Improving key process plant metrics Upward trend and improving variability across all key metrics – mill availability, throughput and recovery Plant availability • Consistently exceeding greater than 80% from week 3 • Average mill ava
Slide 7: Performance: delivering production to plan
NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES Performance: delivering production to plan Strong throughput, concentrate output and first shipment achieved within the first quarter of production ramp-up Spodumene concentrate production: • ~28kt spodumene concentrate produced at an average conc
Slide 8: Performance: Strong start to shipments and offtakes
NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES Performance: Strong start to shipments and offtakes Initiated spot sales strategy to improve overall realised pricing and ensure market transparency Sales: • Inaugural shipment of 10,831dmt of spodumene concentrate, grading 5.33% Li20, departed Po
Slide 9: Cashflows reflect transition into production
NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES Cashflows reflect transition into production Cash increased by $140M to $263M as at 30 September 2024 • Convertible notes: A$372M1 received as part of expanded strategic partnership with LG Energy Solution, aimed at funding ramp-up and working cap
Slide 10: Business optimisation – strong through the cycle
NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES Business optimisation – strong through the cycle Company-wide focus to increase productivity and sustainably reduce costs to further strengthen our position as a Tier-1 producer • Transition from developer to operator while maintaining operating d
Slide 11: Performance summary
NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES Performance summary Safety continues to be our priority and ESG performance remains at the forefront – LTIFR of 0.32, unchanged from the previous quarter Joined the ranks of global lithium producers, with major milestones of first production and f
Slide 12: For more information
NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES For more information: Leanne Kite Investor Relations Liontown Resources lkite@ltresources.com.au +61 401 438 850 Level 2, 32 Ord Street, West Perth WA 6005 22 ABNNovember 2022 39 118 153 825 ASX:LTR ASX : LTR ltresources.com.au ltresources.com.au
Slide 13: Appendix
NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES Appendix 13
Slide 14: Physicals Summary
NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES Physicals Summary 14