Lithium Americas Corp. · NYSE:LAC
Lithium Americas — Investor Presentation (March 2018)
23 slides from Lithium Americas's investor presentation, March 2018
Slide 1: Investor Presentation March 2018
INVESTOR PRESENTATION MARCH 2018 TSX: LA C Caucharí-Olaroz M A R CLithium H 2 0 1 8 Project | NY SE: LA C Jujuy, Argentina
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT Technical Information mining development in Argentina and Nevada; the impact of increasing competition; current Scientific and technical information in this presentation about the Caucharí-Olaroz Project and technological trends; constraints on the increase in supply of lithium
Slide 3: Lithium Price
LITHIUM PRICE In 2016, lithium prices rose around 300% in China with contract prices for existing producers rising to over US$13,000/t Source: Asian Metal, Thomson Reuters TSX: LA C MARCH 2018 | 3 NY SE: LA C
Slide 4: Lithium Americas – Recent Achievements
LITHIUM AMERICAS – RECENT ACHEIVEMENTS Lithium Americas is advancing world-class lithium assets Vancouver through a low-risk path to production Toronto Lithium Nevada Partnered with SQM in 50/50 JV Reno 1 • Partnered with largest lithium brine producer, SQM, in 50/50 JV (Minera Exar) to help build a
Slide 5: Capital Structure
CAPITAL STRUCTURE Lithium Americas commenced trading on NYSE under the symbol “LAC” on January 25, 2018 Recent Share Price (TSX:LAC) $16.00 Symbol TSX / NYSE – LAC Shares Outstanding1 88.5 million Share Price (C$/sh) $12.00 52 Week Range C$3.85 - C$14.06 $8.00 Share Price2 C$8.05 Average Daily 1.0 m
Slide 6: The Management Team
THE MANAGEMENT TEAM Lithium Americas has assembled a highly qualified team with a focus on Argentina, lithium, engineering and capital markets Tom Hodgson, CEO John Kanellitsas, President Tom Hodgson, CEO • 30+ years experience in senior management roles John Kanellitsas, President • 25+ years of bu
Slide 7: Caucharí-Olaroz JV with SQM
CAUCHARÍ-OLAROZ JV WITH SQM In March 2016, Lithium Americas entered a strategic 50/50 JV with SQM to develop and operate the Caucharí-Olaroz project Leverages SQM’s technical expertise. SQM is the largest producer of lithium brines with over 20 years experience operating and expanding its world-clas
Slide 8: Strategic Investments by Ganfeng & Bangchak
STRATEGIC INVESTMENTS BY GANFENG & BANGCHAK In 2017, Ganfeng Lithium and Bangchak provided a total of US$285 million to Lithium Americas through a combination of credit and equity Ganfeng Lithium Bangchak Total Equity Investment US$47 million US$33 million US$80 million • LAC’s cash balance is US$73
Slide 9: Strong Support from Argentina and Jujuy Government
STRONG SUPPORT FROM ARGENTINA AND JUJUY GOVERNMENT In 2017, senior executives from Lithium Americas, SQM and Minera Exar met with senior officials from Argentina and Jujuy government to reaffirm commitment to support development of Cauchari-Olaroz Meeting with SQM, Lithium Americas and Minera Exar w
Slide 10: Caucharí-Olaroz Stage 1 Feasibility Study
CAUCHARÍ-OLAROZ STAGE 1 FEASIBILITY STUDY Stage 1 DFS Results (100% basis) March 2017 Average annual production 25,000 tpa battery-grade Li2CO3 Project life 40 years * Proven & probable reserves 1.5 million tonnes LCE at 698 mg/L Li Construction capital costs US$425 million (before VAT) Operating co
Slide 11: Caucharí-Olaroz Construction Schedule
CAUCHARÍ-OLAROZ CONSTRUCTION SCHEDULE H1 2017 2018 Started Stage 1 Plant, gas pipeline, and electricity development transmission line construction 2017 2018 2019 H2 2017 2020 Execution of detailed engineering Commissioning and Expansion of camp first production Drilling campaign Early works construc
Slide 12: Lithium Nevada Project
LITHIUM NEVADA PROJECT Advancing a scalable process to produce lithium hydroxide from lithium-bearing claystone. • 100% owned by Lithium Americas Corp. • Conducting an exploration program with the objective of expanding and upgrading the existing large and high-grade NI 43-101 compliant resource. •
Slide 13: Lithium Nevada Development Schedule
LITHIUM NEVADA DEVELOPMENT SCHEDULE Drilling Project Site Process Testing Q4 2017 Q2 2018 Complete 2017 exploration Complete PFS (including reserve program estimate) 2017 2018 2019 Q1 2018 H2 2018 Finalize process testing Advance permitting process Initiate baseline Commence detailed engineering env
Slide 14: Summary
SUMMARY ARGENTINA NEVADA 1 The next lithium producer from brine 2 Unlocking value in a large, clay-based resource in Nevada • Development work in support of 2020 • Pursuing mine plan to produce production start lithium from claystone • 2017 DFS supports production at low- • PFS targeted for Q2 2018
Slide 15: Appendix
APPENDIX TSX: LA C MARCH 2018 | 15 NY SE: LA C
Slide 16: The Board of Directors
THE BOARD OF DIRECTORS Lithium Americas focus is on a low risk strategy to reach GEORGE IRELAND production and maximize shareholder value CHAIRMAN OF THE BOARD • 35 years of experience in the resource sectors. • Founder, CIO, and PM at Geologic Resource Partners. Board with diverse industry experien
Slide 17: Argentina's Turn Around
ARGENTINA’S TURN AROUND Improved business conditions with President Macri • Abolished export duties and trade controls. Mauricio Macri • Eliminated exchange rate and capital controls. President of Argentina • Settled outstanding claims from 2003 default. • Fast-track process to join the Organization
Slide 18: Caucharí-Olaroz Lithium Project
CAUCHARÍ-OLAROZ LITHIUM PROJECT Caucharí-Olaroz is located on an international highway with access to power, water, and a large local labour force Located in Jujuy, Argentina • Large property package ~ 70,000 ha. • Close proximity to existing producers (ORE, FMC, SQM, ALB). Near excellent infrastruc
Slide 19: Caucharí-Olaroz Lithium Project (Cont.)
CAUCHARÍ-OLAROZ LITHIUM PROJECT (CONT.) Working closely with local communities • Economic benefits agreements with 6 local communities. • Emphasis on local employment. • Minera Exar Jujuy and field office staff ramping up. • Construction staff est. over 1,000 workers. • Over 400 employees and contra
Slide 20: Caucharí-Olaroz Conventional Process
CAUCHARÍ-OLAROZ CONVENTIONAL PROCESS Design by experience • SQM engineering staff developing design and execution planning. • Process is based on SQM’s +20 years experience operating in the Atacama. • Infrastructure and plant designed to be scaleable to a production capacity of 50,000 tpa of battery
Slide 21: Caucharí-Olaroz Stage 1 Opex & Capex
CAUCHARÍ-OLAROZ STAGE 1 OPEX & CAPEX Initial Capital Costs Operating Costs US$425 million capital costs before US$2,495/t of battery grade lithium VAT and working capital. carbonate produced All figures on a 100% project equity basis unless otherwise noted. Totals may not add due to rounding. TSX: L
Slide 22: Lithium Resource and Reserve Summary
LITHIUM RESOURCE AND RESERVE SUMMARY Average Li Concentration Brine Volume (m3) (mg/L) Lithium Metal (t) LCE (t) Caucharí-Olaroz (100% basis) Mineral Reserves – March 2017 Proven Reserves (Years 1-5)1,2,3,4 4.9 x 107 712 35,159 187,149 Probable Reserves (Years 6-40) 1,2,3,4 3.5 x 108 695 246,474 1,3
Slide 23: The Future Is Clear
THE FUTURE IS CLEAR CONTACT INFORMATION info@lithiumamericas.com 1100 – 355 Burrard Street Vancouver, BC V6C 2G8 Canada TSX: LA C MARCH 2018 | NY SE: LA C Hong Kong
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