Galan Lithium Limited · ASX:GLN
Galan Lithium — Diggers and Dealers 2023
15 slides from Galan Lithium's conference presentation, Aug 8, 2023
Slide 1: Galan's Plan for Argentina
For personal use only GALAN’S PLAN FOR ARGENTINA LITHIUM PRODUCTION IN H1 2025 DE- RISKED. PHASE 1 CONSTRUCTION PERMITS GRANTED Diggers and Dealers August 2023 ASX:GLN | FSX:9CH galanlithium.com.au 1
Slide 2: Disclaimers & Important Information
Disclaimers & Important Information This presentation has been prepared by Galan Lithium Limited. Competent Persons 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 Mil
Slide 3: The Premier Lithium Developer
The Premier Lithium Developer For personal use only Production target of 60ktpa World-class location LCE by 2030 Low risk and rapid project Strong local community and delivery government support Works commenced and full Highly experienced team construction permits granted Investor presentation 3
Slide 4: Corporate Snapshot
Corporate Snapshot Strong cash liquidity, tight share register Market Capitalisation Share Price (7 August ‘23) Major Shareholders For personal use only A$270.4m A$0.78 A$/share Shares on Issue 2.5 2.3 346.7m 2.1 1.9 Cash/Investments 1.7 1.5 A$45m 1.3 1.1 Directors & Top 20 Unquoted Securities 0.9 M
Slide 5: World-Class Location
World-Class Location Highly strategic positioning 25+ year history of production within salar For personal use only Significant regional infrastructure and investment with excellent government and community support Hombre Muerto West (HMW) and Candelas projects – highest grade, lowest impurity lithi
Slide 6: Low Risk – Staged, Flexible Production Plan
Low Risk – Staged, Flexible Production Plan Fast track route to Li production Targeting first-phase HMW Li concentrate production in H1 2025 For personal use only Phase 1 – >5ktpa LCE Phase 2 – 20ktpa LCE Phase 3 – 40ktpa LCE Phase 4 – 60ktpa LCE DFS delivered and full DFS and permits expected Evalu
Slide 7: Low Risk - Staged, Flexible Production Plan
Low Risk - Staged, Flexible Production Plan Phase 1 DFS Delivered and Full Construction Permits Granted DFS announced 3 July 2023; compelling economics for 5.37ktpa LCE production For personal use only Pilot plant achieved a high end, 6% concentrated lithium chloride product (equivalent to 12.9% Li2
Slide 8: Construction Permits Granted – Works Commenced
Construction Permits Granted – Works Commenced Full Phase 1 HMW construction permits granted * For personal use only Phase 1 preparation works commenced with engineering and long lead on track for delivering lithium chloride production of 5.37ktpa LCE in H1, 2025 Permits include ponds, plant, onsite
Slide 9: Compelling Phase 1 DFS Economic Outcomes
Low Risk – Staged, Flexible Production Plan Compelling Phase 1 DFS Economic Outcomes Flagship HMW Project 100% ownership Definitive Feasibility Study - July 2023 (1) UoM Result For personal use only Proven processing route Project life Years 40 Production of 5.37ktpa Li2CO3 Steady state lithium carb
Slide 10: Highly Experienced Team
Highly Experienced Team With a proven track record For personal use only Richard Homsany JP Vargas de la Vega Daniel Jimenez Terry Gardiner Claudia Pohl Non-Executive Chairman Founder & Managing Director Non-Executive Director Non-Executive Director Non-Executive Director • Experienced corporate law
Slide 11: Highly Experienced Team
Highly Experienced Team A strong and talented group of professionals with world class knowledge and extensive local experience For personal use only Juan Carlos Barerra Boris Caro Alvaro Henriquez Francisco Lopez Pablo Sanz Project & Board Consultant Project Advisor/Director Group Geology Manager Ex
Slide 12: The Premier Lithium Developer
The Premier Lithium Developer For personal use only Strong local community and Strong local team, including ex The best Lithium project in Argentina government support, evidenced SQM team, experienced in (high grade, low impurities) – and the by recent grant of full Phase 1 Lithium project execution
Slide 13: Contact
Contact ACN 149 349 646 ASX : GLN | FSX : 9CH Juan Pablo (“JP”) Vargas de la Vega For personal use only Managing Director Email: jp@galanlithium.com.au Tel: +61 8 9214 2150 Terry Gardiner Non-Executive Director Email: TGardiner@galanlithium.com.au Tel: + 61 400 900 377 Jane Morgan Investor and Media
Slide 14: Appendix 1: Mineral Resource Estimate
Appendix 1: Mineral Resource Estimate Mineral Resource Statement for Candelas1 Mineral Resource Statement for Hombre Muerto West2 In situ Li Avg. Li LCE Avg. K In situ K KCl In situ Li Avg. Li LCE Avg. K In situ K KCl For personal use only Category (kt) (mg/l) (kt) (mg/l) (kt) Equiv. Category (kt) (
Slide 15: Appendix 2: Ore Reserve Statement
Appendix 2: Ore Reserve Statement Ore Reserve Statement for Hombre Muerto West (effective date 3 July 2023) Production Period Pumped Brine Vol. Recovered Li Metal Reserve Category Avg. Li Grade (mg/l) LCE (Kt) For personal use only (years) (Mm3) (Kt) Proven 1-10 19.7 17.8 901.6 53.7 Probable 11-40 5