Slide 1: Corporate Presentation September 2020
Corporate Presentation September 2020 For personal use only ASX : INF FRA : 3PM 1
Slide 2: Disclaimer
Disclaimer For Consideration This presentation has been prepared by Infinity Lithium Corporation Limited “Infinity Lithium”. This document contains background information about Infinity Lithium current at the date of this presentation. The presentation is in summary form and does not purport to be a
Slide 3: Infinity Lithium: Investment Highlights
For personal use only Infinity Lithium: Investment Highlights 1 Direct The European Commission led $24m European financial endorsement European Battery Alliance is 1st developing an EU strategic lithium-ion battery value chain 2 & is focused on the critical Fully integrated & deficiency in lithium c
Slide 4: San Jose Lithium Hydroxide Project Overview
San Jose Lithium Hydroxide Project Overview San Jose Lithium Hydroxide Project For personal use only San Jose is a fully integrated and sustainable project in Spain Producing 15Kt¹ of Lithium Hydroxide per year, able to power >10M Electric Vehicles 30-year production: total revenues US$6 Billion Pre
Slide 5: Infinity Lithium: InnoEnergy
Infinity Lithium: InnoEnergy Infinity: The 1st Project To Secure EU Funding Through EIT InnoEnergy For personal use only $24m InnoEnergy to fund up to €800,000 (A$1.3m) Direct Investment • InnoEnergy direct investment in Infinity Lithium under Project Agreement • Funds used for phase one pilot plant
Slide 6: Infinity Lithium: InnoEnergy
Infinity Lithium: InnoEnergy EIT InnoEnergy Services & Support Who Is EIT InnoEnergy? For personal use only European Commission launched $24m EBA in Oct 2017 to create Offtake competitive and fully integrated • Through the European Battery Alliance battery manufacturing chain in network, InnoEnergy
Slide 7: The EU's Push For Battery Raw Materials Self-Sufficiency
The EU’s Push For Battery Raw Materials Self-Sufficiency Maros Šefčovič The EU is focused on requirement to extract raw materials, For personal use only VP European Commission & EBA process and retain critical battery materials that are urgently required for the European lithium-ion battery supply c
Slide 8: EU Policy Driving Mass EV Adoption
EU Policy Driving Mass EV Adoption COVID-19 has highlighted ‘deglobalization’ trend in the lithium supply chain For personal use only EU’s Green Deal was announced in the midst of this COVID crisis: Low Interest • EU’s economic recovery aligned to transforming the EU’s Loans €360bn economy for a sus
Slide 9: EU Lithium-ion Battery Value Chain
EU Lithium-ion Battery Value Chain European Automakers want to de-risk their For personal use only Hard Rock Resource supply chain • Concerns over limited availability of critical battery metals and concentration in a small number of countries such as China Chemical Conversion • Europe will be the 2
Slide 10: Infinity Lithium: Lithium Market & EU Focus
Infinity Lithium: Lithium Market & EU Focus Forecast EU Lithium-ion Battery Cell Production: 2nd Largest Global Market For personal use only Forecast EU $24mLithium-ion EU policy is accelerating demand for EVs Battery Cell 2029 Equivalent(2): Production(1) A fully integrated European Lithium-ion bat
Slide 11: Infinity's Fully Integrated & Sustainable Lithium Project
For personal use only Infinity’s Fully Integrated & Sustainable Lithium Project 11
Slide 12: San Jose Lithium Hydroxide Project
For personal use only San Jose Lithium Hydroxide Project Lithium hydroxide chemicals production in the EU Fully integrated and sustainable project in Spain Second largest hard rock lithium resource in the EU JORC Resource 111.2Mt (Ind. 59Mt, Inf. 52.2Mt), Probable Reserves 37.2Mt Strategically impor
Slide 13: PFS Validates Strong Economics
For personal use only PFS Validates Strong Economics INFINITY LITHIUM PROJECT LITHIUM HYDROXIDE PRE-FEASIBILITY STUDY NPV₁₀ Pre-tax US$860M IRR Pre-tax 42.3% Total Revenue From Lithium Hydroxide US$6Bn CAPEX² (Pre-production) US$268M OPEX¹ˑ³ US$5,434/t Capital Intensity $US16K/t Annual Production³ P
Slide 14: Test Work: Phase One Underway to Produce Samples
For personal use only Test Work: Phase One Underway to Produce Samples Production of Lithium 2017: Scoping Study Same process for both Li2CO3 or LiOH Sulphate Battery grade Li2CO3 Production of tech grade Same process for both technical & battery grade LiOH 2019: PFS lithium hydroxide Tech grade LiO
Slide 15: San Jose Project Timeline: PFS 2019
For personal use only San Jose Project Timeline: PFS 2019 Time 2020 2021 2022 2023 Offtake Permitting Financing Bench & Pilot Plant Feasibility Study Construction Commission Production 15
Slide 16: Project Alignment to EU Strategic Objectives
Project Alignment to EU Strategic Objectives Ticking Many Boxes - The European Green Deal Linking To The Green Deal Across The Entire Process For personal use only No feedstock shipping Use of fertiliser instead of sulphuric acid Reagent and water recycling Domestic availability of reagents Dry stac
Slide 17: Summary
Summary Summary First Project To Sign Binding European Funding Deal Follow Us For personal use only with InnoEnergy infinitylithium.com Infinity is Strategically Located to Support Strong Demand Outlook For Lithium In Europe sanjosevaldeflorez.es A Large And Long-Term Asset Supporting EV Growth Infi
Slide 18: www.infinitylithium.com
For personal use only www.infinitylithium.com 18
Slide 19: Appendix 1: Corporate
For personal use only Appendix 1: Corporate Share Price(1) A$0.09 ASX Code INF FRA Code 3PM Shares on Issue(2) 244.4m Options (3) 30.5m Performance Rights(4) 3.1m SARS(5) 5.0m Market Capitalization(6) A$22.0m Cash(7) A$0.6m Debt Nil Top 20 Shareholders 43% (1) INF closing share price 28th August 202
Slide 20: Appendix 2: Board of Directors & Management
Appendix 2: Board of Directors & Management • BSc Geol Hons, B. Econ For personal use only • +20 years in the mining industry both in listed and unlisted entities globally, Non-Executive and Executive Director of various listed Adrian Byass and unlisted mining entities, which have successfully trans
Slide 21: Appendix 3: Global Lithium Market Outlook
Appendix 3: Global Lithium Market Outlook • Global lithium supply imbalance forecast by 2025 – sooner for the EU For personal use only • Europe currently produces no lithium hydroxide – the EV industry remains at risk with China producing more than 80% of lithium hydroxide globally in 2019 Lithium R
Slide 22: Appendix 4: Large And Long-Term Asset
For personal use only Appendix 4: Large And Long-Term Asset San Jose Mineral Resource, Reported Above 0.1% Li Cut-off Parameter Amount Li% Li2O Sn Mt (%) ppm Resource: Indicated 59.0 0.29% 0.63 217 Inferred 52.2 0.27% 0.59 193 TOTAL 111.3 0.28% 0.61 206 Estimated using Ordinary Kriging methodology.
Slide 23: Appendix 5: Lithium Production From Mica
For personal use only Appendix 5: Lithium Production From Mica Germany was the first country to convert mica into lithium chemicals back in the 50’s Today, there are at least 4 conversion sites in China converting mica into lithium chemicals, and they all have plans to increase capacity. In 2018, pr
Slide 24: Appendix 6: Lithium Production From Mica Map
For personal use only Appendix 6: Lithium Production From Mica Map Keliber Identified Lithium Resource in the EU Spodumene 12% Bacanora European Metals European Lithium Mica 88% Savannah Infinity Lithium 24
Slide 25: Appendix 7: Sustainable, Low Carbon Footprint
Appendix 7: Sustainable, Low Carbon Footprint Hardrock Beneficiation For personal use only Spodumene Mica Other Processes Chinese Spodumene Converters Infinity & Others Available 35min 1,100°C $ Fertilizer $$ within the Ca2+ K2SO4 EU Roast Roast Roast Fe2+ 20min 840°C Non Hazardous Environmentally
Slide 26: Appendix 8: Sustainable, Low Carbon Footprint
only Appendix 8: Sustainable, Low Carbon Footprint • Very small water • All reagents available domestically useLithium requirement and most • Roasting process uses safe reagents San Jose is of the water is recycled such as potassium sulphate a unique • Chemical plant <3km • Leaching process uses wat