Liontown Limited · ASX:LTR
Liontown — Liontown Resources — Paydirt Battery Minerals Conference 2022
22 slides from Liontown's conference presentation, Apr 6, 2022
Slide 1: Fast charging towards a low carbon future
For personal use only Fast charging towards a low carbon future Paydirt Presentation ASX:LTR APRIL 2022
Slide 2: Important Information
Important Information For personal use only Cautionary Statement Competent person statement The production targets and forecast financial information referred to in the Definitive Feasibility Study (DFS) The Information in this Presentation that relates to Exploration Results and Mineral Resources f
Slide 3: Agenda
Agenda For personal use only 01. 02. 03. 04. Investment Corporate Overview Lithium Market Kathleen Valley Highlights and Strategy Update Project 05. 06. 07. Downstream Investment Questions Strategy Proposition APRIL 2022 | 3
Slide 4: Investment Highlights
Investment Highlights For personal use only Globally significant Foundational Clear long-term ESG core Tier 1 project offtake agreements strategy with to strategy with LG Energy material value Solution and Tesla upside Well capitalised Robust lithium Experienced leadership with strong thematic, time
Slide 5: Liontown Corporate Overview
Liontown Corporate Overview Corporate Snapshot (4 April 2022) For personal use only We aim to be an ESG-leader, and a globally significant provider of battery minerals for the rapidly growing clean energy market. Market Cap Share price ($/s) Liontown is focused on the development of the world-class
Slide 6: Board & Management
Board & Management For personal use only Board of Directors Executive Leadership Tony Ottaviano | Managing Director +30 years (Mech. Engineer) Former BHP, Rio Tinto, and Wesfarmers executive Tim Goyder Anthony Cipriano Steven Chadwick Chairman Lead Independent Director Non-Executive Director Adam Sm
Slide 7: Liontown's Strategy
Liontown’s Strategy For personal use only We aim to be an ESG-leader, and a globally significant provider of battery minerals for the rapidly growing clean energy market. Liontown Full Potential Downstream Expand portfolio through organic growth, value accretive M&A and Expansion exposure to the cir
Slide 8: Lithium Market Update
Lithium Market Update For personal use only Forecast lithium market deficit is expected to continue and grow out to 2030. There is currently no substitute for lithium in Li-ion cathodes Global lithium market deficit, 2022-30, kt LCE Metals content of Li-ion battery cathodes by mass1 Share of total (
Slide 9: How do we price our product?
How do we price our product? Liontown believes price transparency will continue to evolve and underpin For personal use only reliable pricing for lithium hydroxide and spodumene LiOH Seaborne Prices (Fastmarkets, US$/kg) Fastmarkets – Number of Observations 332 120 130 110 113 118 117 105 79 84 89 6
Slide 10: Spodumene Pricing Evolution
Spodumene Pricing Evolution For personal use only Spodumene producers are increasingly moving towards formula-based pricing for offtake contracts as a way of determining price and capturing greater margin share within the lithium supply chain. • Spodumene prices have historically been 4.0% - 4.5% of
Slide 11: Environment, Customers, Social and Governance focus
Environment Customers For personal use only • Aspiring to have best-in-class Scope 1 • Automotive OEMs increasingly and 2 emissions to minimise impact demand environmentally-friendly, on local surroundings low-carbon batteries to achieve • ~60% renewable energy target their emissions targets at star
Slide 12: Kathleen Valley Project Update – DFS Economics
Kathleen Valley Project Update – DFS Economics Kathleen Valley Project delivers compelling economics at prices well below current spot of US$5000/dmt For personal use only November 2021 DFS Key Metrics Based on April 2021 MRE – 156Mt @ 1.4% Li2O and 130ppm Ta2O5 Kathleen Valley NPV at Various Spodum
Slide 13: Kathleen Valley Project – Underground Mining
Kathleen Valley Project – Underground Mining For personal use only We have a bias to underground mining since it significantly enhances ore selectivity whilst minimizing our surface footprint. Distinct Benefits of Kathleen Valley Long hole opening stoping mining method - well established and under
Slide 14: Processing Strategy
Processing Strategy WOF Processing Strategy For personal use only Conventional mining method, proven and reliable technology Simple flowsheet – better operability and reliability with a flowsheet grounded in evidence based design KV ore has outstanding metallurgical properties Test work has re
Slide 15: 2024 Production Target
2024 Production Target For personal use only PROJECT MILESTONES ON SCHEDULE LIONTOWN POSITIONED TO DELIVER PROJECT ON SCHEDULE DFS A$450m First two Early Construction complete equity offtakes FEED/ FID works Commission Production complete NTA Signed raising signed /design Q4 2021 Q4 2021 Q1 2022 Q2
Slide 16: Kathleen Valley Project Update – FID is approaching
Kathleen Valley Project Update – FID is approaching For personal use only Remain on track for Detailed Key contracts issued Early procurement FID by end of 1H engineering for tendering, with of long lead-time 2022 and early works commenced bids under review equipment underway in the 2H 2022 Project
Slide 17: Procurement Update and Partnership Model
Kathleen Valley Project Update – Procurement Update and Partnership Model For personal use only Working collaboratively with stakeholders and partners will help streamline development of Kathleen Valley Project and ensure on time and on budget delivery – Work with the best and deliver the best! Deta
Slide 18: Tier 1 Offtake Partners Secured
Tier 1 Offtake Partners Secured Tesla and LG Energy Solution confirmed as cornerstone offtake partners For personal use only Target Customers & End Markets Our Offtake Partners Company overview Largest EV automotive Second largest battery Description company globally1 manufacturer globally1 Headquar
Slide 19: Downstream Processing Opportunity
Downstream Processing Opportunity For personal use only The 2021 updated DSS confirmed: Value maximizing pathway for Liontown is a staged-build, integrated mining, Value Maximising processing and refining operation producing Lithium Hydroxide Monohydrate (“LHM”) Pathway The Integrated Project has th
Slide 20: Liontown's Long-Term Strategy
Liontown’s Long-Term Strategy For personal use only Liontown is planning for the future Kathleen Valley Spodumene Future Supply Liontown is continuously exploring Optionality for spodumene or processed opportunities to increase battery lithium sales based on market conditions minerals inventory ~700
Slide 21: Liontown's Investment Proposition
Liontown’s Investment Proposition For personal use only Near Term Priorities Tier 1 Asset Timed to 1 Continue to execute attractive Perfection offtake agreements to support FID Kathleen Valley is a world- class lithium deposit, with Significant supply deficits exceptional economics and forecast to e
Slide 22: For More Information
For personal use only For More Information: Tony Ottaviano Managing Director +61 8 6186 4600 info@ltresources.com.au Nicholas Read Read Corporate +61 8 9388 1474 nicholas@readcorporate.com.au liontown-resources-limited @LiontownRes
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