Atlantic Lithium Limited. · LSE:ALL

Atlantic Lithium — Investor Presentation (January 2022)

18 slides from Atlantic Lithium's investor presentation, January 2022

  1. Slide 1: Charging the Change

    AT THE FOREFRONT OF NEW GLOBAL LITHIUM CHARGING PRODUCTION THE CHANGE Investor Presentation Investor Presentation January 2022 2021 November ATLANTIC LITHIUM LIMITED

  2. Slide 2: Disclaimer

    DISCLAIMER Important notice These presentation slides (the “Slides”) have been issued by Atlantic Lithium Limited (the “Company”) in relation to an update on activities by the Company. These Slides do not comprise an admission document, listing particulars or a prospectus relating to the Company, do

  3. Slide 3: Corporate Snapshot – Business Overview

    CORPORATE SNAPSHOT – Business Overview Lithium Portfolio Accelerating Projects to Production Ghana and Côte d’Ivoire Drilling, studies and permitting 560km2 and 774km2 of tenure Regional exploration, resource expansion on ongoing “We are set to establish “ West Africa’s first lithium mine Strong Cas

  4. Slide 4: Corporate Snapshot

    CORPORATE SNAPSHOT Capital Structure Issued Capital 573.7m Directors & Management Options & Warrants 18m @ 12p – Expire Jun 2022 3.5m @ 30p – Expire Apr 2023 51.5m 8m @ 30p – Expire Aug 2023 10m @ 40p – Expire Aug 2023 12m @ 50p – Expire Aug 2023 Performance Rights 12.1m Fully-diluted share capital

  5. Slide 5: Piedmont to Fully Fund Project to Production

    PIEDMONT TO FULLY FUND PROJECT TO PRODUCTION Ghana Set to Become First West African Lithium Producer Piedmont at a glance Established to become America’s #1 Lithium Hydroxide producer US integrated supplier of Strong balance sheet raw materials and minerals supporting the EV and to fund initiatives

  6. Slide 6: Piedmont to Fully Fund Project to Production

    PIEDMONT TO FULLY FUND PROJECT TO PRODUCTION Ghana Set to Become First West African Lithium Producer Piedmont investment US$103m STAGE 1 STAGE 2 STAGE 3 OTHER KEY TERMS Initial Investment into Atlantic Sole Funding of Regional Sole Funding of Capex • If the "DFS criteria" triggers Lithium Limited (c

  7. Slide 7: Piedmont to Fully Fund Project to Production

    PIEDMONT TO FULLY FUND PROJECT TO PRODUCTION Ghana Set to Become First West African Lithium Producer Atlantic benefits Project endorsement No further requirement Increased operational and credibility for funding and dilution synergies Accelerated programmes 50% free carry Atlantic retains 100% to de

  8. Slide 8: Ewoyaa Lithium Pegmatite Discovery in Ghana

    EWOYAA LITHIUM PEGMATITE DISCOVERY IN GHANA Fully Funded to Production Maiden Mineral Resource Significant Exploration Upside US$102m to Fully Fund Estimate JORC 2012 Ewoyaa Project to Production Robust Scoping Study 21.3Mt @ 1.31% Li2O (Inferred & Indicated) Post Tax NPV8 of US$789m 5.2Mt @ 1.39% L

  9. Slide 9: Pole Position to Service US & European Markets

    POLE POSITION TO SERVICE US & EUROPEAN MARKETS STRONG FUNAMENTALS High-grade resource & coarse spodumene Conventional mining methods Simple process flow-sheet via DMS Proven premium concentrate 1km from highway, 110km to deep-sea port, adjacent hydro-electric powerlines 1st quartile cash costs with

  10. Slide 10: Ghana & Cote d'Ivoire Lithium Portfolio

    GHANA & COTE D’IVOIRE LITHIUM PORTFOLIO Ghana & CDI Portfolio insert Combined 1,334km2 portfolio secured via earn-in & application (see insert) 560km2 Ghana portfolio within 110km of Takoradi port and 100km of Accra Coarse spodumene dominant pegmatites 84,500m of RC and DD drilling completed to date

  11. Slide 11: Coarse Spodumene – Broad Widths

    COARSE SPODUMENE – BROAD WIDTHS Coarse spodumene in outcrop Coarse spodumene pegmatite drill core ATLANTIC LITHIUM LIMITED 11

  12. Slide 12: 21.3Mt @ 1.31% Li2O MRE Upgrade

    21.3Mt @ 1.31% Li2O MRE UPGRADE - HIGHLY PROSPECTIVE LITHIUM PEGMATITE FIELD Current MRE footprint, additional resource drilling & target areas on pXRF Rb soils and satellite imagery background Significant potential to grow resource base within proven Li pegmatite field c. 56,500m drilling in curren

  13. Slide 13: Simple Metallurgy - Premium Product SC6

    SIMPLE METALLURGY - PREMIUM PRODUCT SC6 Conventional DMS Premium Product >6% spodumene concentrate at 6.3mm crush HLS recoveries up to 85% Low contaminants; <1% Fe203, <3% combined Na2O & K2O Simple gravity process flow sheet No early flotation Low capital intensity implied Battery grade Li carbonat

  14. Slide 14: Exceptional Logistics

    EXCEPTIONAL LOGISTICS Sealed road within 1km of deposit footprint 110km from project footprint to Takoradi port Takoradi Port currently exports 3Mt of Mn and approx. 1Mt Bx per year from existing facilities with available capacity Port being re-developed as a major West African oil, gas and bulk min

  15. Slide 15: Fundamentals Support Robust Scoping Study

    FUNDAMENTALS SUPPORT ROBUST SCOPING STUDY Delineation of resources, project pit shells and waste dumps; view looking south. Base Case 2Mtpa ROM c. 2.5km NPV8 US$789m (post tax) Sill Bypass Anokyi IRR 194% Okwesi Ewoyaa Abonko Payback < 1 year c. 3.5km Mine life 11.4 years Average LOM Opex Ewoyaa_NE

  16. Slide 16: ESG Initiatives - Low Carbon Footprint

    ESG INITIATIVES - LOW CARBON FOOTPRINT Seedling nursery at project site Weather station data download Strong national employment and training programmes implemented Regeneration nurseries established Community programmes and engagement Hydro electric and solar power options Low power consumption pro

  17. Slide 17: Exploration Upside Multiple Targets Defined

    EXPLORATION UPSIDE MULTIPLE TARGETS DEFINED Historical Egyasimanku Hill deposit 1.48Mt @ 1.67% High Priority target zones Li2O (non JORC) Only drilled to maximum 30m depth and ‘Sill’ geometry; potential for significant upside Only 13km2 of 560km2 tenure portfolio drilled to date; predominantly withi

  18. Slide 18: Atlantic Lithium Limited

    Atlantic Lithium Limited Level 33, Australia Square, 264 George Street, Sydney, NSW 2000 http://www.atlanticlithium.com.au/ info@atlanticlithium.com.au ATLANTIC LITHIUM LIMITED

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