Galan Lithium Limited · ASX:GLN
Galan Lithium — Investor Presentation (May 2023)
18 slides from Galan Lithium's investor presentation, May 2023
Slide 1: Developing High-Grade Lithium Brine Projects in Argentina
DEVELOPING HIGH- GRADE LITHIUM BRINE PROJECTS IN ARGENTINA May 2023 ASX : GLN | FSX : 9CH galanlithium.com.au
Slide 2: Disclaimer and important information
Disclaimer and important information This presentation has been prepared by Galan Lithium Limited. The information contained herein that relates to exploration results and geology is based on information compiled or reviewed by Dr Luke Milan, who has consulted to the Company. Dr Milan is a Member of
Slide 3: World-class location: Tier 1 geological endowment
World-class location Tier 1 geological endowment Hombre Muerto Salar is perfectly positioned in Argentina’s prolific Lithium Triangle • World’s largest lithium reserves • ~40% total annual lithium production comes from the lithium triangle Investor presentation 3
Slide 4: World-class location: Highly strategic positioning
World-class location Highly strategic positioning 25+ year history of production with further development underway • Significant regional infrastructure and investment • Excellent governmental and community support Our 100% owned HMW and Candelas projects are within a 20km radius of Livent, Allkem a
Slide 5: World-class location: High grade, low impurity brine assets
World-class location High grade, low impurity brine assets Our Hombre Muerto assets are Brine Resources Li (mg/l) vs Mg/Li ratio amongst the very best brine projects • Leading lithium grades • Low potassium and HOMBRE magnesium drives low MUERTO – GLN opex • Substantial exploration Source: iLi Marke
Slide 6: Rapidly advancing our 100% owned Hombre Muerto Projects to production
Rapidly advancing our 100% owned Hombre Muerto Projects to production • The highest grade, lowest impurity lithium brine assets in Argentina • Proven, consistent low variability in grade and impurities across all tenure • Planned production profile up to 60ktpa LCE Investor presentation 6
Slide 7: 3rd increase in HMW Resource since March 2020
3rd increase in HMW Resource since March 2020 Consistent high grade, low impurity profile Mineral Resource increased to 6.6Mt contained LCE @ 880 mg/l Li - 72% in Measured category 1 • No cut-off grade applied to Resource • Measured Resource of 4.7Mt LCE at 873 mg/l Li • Reserve conversion work on t
Slide 8: Staged and safer project delivery
Staged and safer project delivery Fast track route to Li production Targeting first-phase HMW Li concentrate production in H1 CY25 • Two stage DFS – 4ktpa LCE (May’23) and 20ktpa LCE (Aug’23) • Four stage planned production profile - Stage 1 4ktpa LCE (HMW) - Stage 2 20ktpa LCE (HMW) - Stage 3 40ktp
Slide 9: Compelling economics
Compelling economics Low industry cost output projected All-in sustaining cost US$/t LCE Galan boasts two PEA level projects with Brine (2021) combined long term base production Mineral (2021) Hombre Muerto West (Galan) Provides development and production Candelas (Galan) optionality within
Slide 10: Corporate snapshot
Corporate snapshot Strong cash liquidity, tight share register Market capitalisation Share price Major shareholders A$316M A$1.03 2.5 A$/share Shares on issue 2.3 2.1 306.9M 1.9 1.7 Cash/Investments 1.5 1.3 A$28M 1.1 Directors & Top 20 0.9 management shareholders Unquoted securities 0.7 0.5 13% 52%
Slide 11: Highly experienced team: Highly qualified Board
Highly experienced team Highly qualified Board Richard JP Vargas de Daniel Christopher Terry Claudia Homsany la Vega Jimenez Chalwell Gardiner Pohl Non-Executive Founder & Non-Executive Non-Executive Non-Executive Non-Executive Chairman Managing Director Director Director Director Mr Homsany is an e
Slide 12: Highly experienced team
Highly experienced team A strong and talented group of professionals with world class knowledge and extensive local experience Juan Carlos Boris Alvaro Francisco Pablo Barerra Caro Henriquez Lopez Sanz P r oject a n d Boar d P r oject G r oup G eology Explor ation Bu siness C onsult ant A dvisor/Dir
Slide 13: ESG and sustainable supply
ESG and sustainable supply Low energy and low carbon lithium brine production Attractive relative Comparison of energy consumption environmental footprint – low impact production • Brine-based lithium has Comparison of CO 2 equivalent emissions superior environmental credentials • Lower energy and C
Slide 14: ESG and sustainable supply: Building the Long-Term ESG Journey
ESG and sustainable supply Building the Long-Term ESG Journey Investor Presentation 14
Slide 15: Further project pipeline: Greenbushes South Lithium Project
Further project pipeline Hardrock lithium exploration upside Greenbushes South Lithium Project - 100% ownership • E70/4790 only 3km south of Greenbushes Lithium mine • Tenements intersect the Donnybrook- Bridgetown Shear Zone • Discovery of lithium bearing pegmatites with 500m+ strike length • Anoma
Slide 16: The premier lithium developer
The premier lithium developer World-class location Rapid project delivery Compelling economics Highly experienced team ESG and sustainable supply Further project pipeline Investor presentation 16
Slide 17: Appendix 1: Mineral Resource estimate
Appendix 1: Mineral Resource estimate M i n e r a l R e s o u r c e S t a t e m e n t f o r C a n d el a s 1 Mineral Resource Statement f or Hombre Muerto West2 In situ Li Avg. Li LCE Avg. K In situ K KCl Equiv. In situ Li Avg. Li LCE Avg. K In situ K KCl Equiv. Category (kt) (mg/l) (kt) (mg/l) (kt)
Slide 18: Appendix 2: Peer brine resource table
Appendix 2: Peer brine resource table Salt lake Company Code Li Measured Indicated Inferred Total (ml/L) Kt LCE Kt LCE Kt LCE Kt LCE Salar de Rincon Rincon Lithium JORC 403 3,600 4,300 7,900 Salar de Rincon Argosy JORC 325 245 245 Pozuelos y Pastos Grandes Litica Pluspetrol LSC NI 43-101 509 958 719