Century Lithium Corp · TSXV:LCE
Century Lithium — Investor Presentation (October 2023)
42 slides from Century Lithium's investor presentation, October 2023
Slide 1: Unlocking Tomorrow’s Energy
Unlocking Tomorrow’s Energy Corporate Presentation OCTOBER 2023
Slide 2: Cautionary Statement
Developing Nevada's Next Lithium Mine Cautionary Statement TECHNICAL INFORMATION ADDITIONAL REFERENCE MATERIALS Scientific and technical information in this presentation about the Clayton Valley This presentation should be read in conjunction with Century Lithium Corp.’s Lithium Project was reviewed
Slide 3: Share & Trading Information
Developing Nevada's Next Lithium Mine Share & Trading Information TSX.V: LCE | OTCQX: CYDVF Issued & Outstanding 147.7 M Warrants 21.1 M Options 8.2 M Fully Diluted 177.1 M Market Capitalization ~$ 110 M Cash Position* ~$ 20 M TSX.V 52 Week High – Low $ 1.48 – $ 0.53 OTCQX 52 Week High – Low US$ 1.1
Slide 4: Our Vision
Developing Nevada's Next Lithium Mine Our Vision The Clayton Valley Lithium Project is of one of the largest lithium deposits in the United States and is located adjacent to Albemarle’s Silver Peak Mine: North America's only lithium operation in production. Century Lithium’s vision is to grow into a
Slide 5: Investment Highlights
Developing Nevada's Next Lithium Mine Investment Highlights ADVANCED PROVEN WATER BATTERY STAGE TECHNOLOGY PERMIT GRADE Li2CO3 • 3rd most advanced • Pilot Plant running for over • Own water rights permit • 99.94%” purity Li2CO3 lithium project in 22 months in Clayton Valley Basin • Exceeds standard
Slide 6: 2022 - 2023 Highlights
Developing Nevada's Next Lithium Mine 2022 - 2023 Highlights Acquired Permit • Feasibility Study underway Announced positive for Water Rights (Wood Plc) drill results from newly In Clayton Valley, acquired project Confirmed production of battery grade • Announced initial results from Nevada lithium
Slide 7: Board of Directors
Developing Nevada's Next Lithium Mine Board of Directors Bryan Disher William Willoughby, PhD, PE CHAIR PRESIDENT, CEO & DIRECTOR 37+ years of experience in corporate finance, 45+ years of experience in all aspects of natural resources retired partner from PwC Canada, CPA, CA development, production
Slide 8: Management
Developing Nevada's Next Lithium Mine Management William Willoughby, PhD, PE Abraham (Braam) Jonker, CPA, CA PRESIDENT, CEO & DIRECTOR CHIEF FINANCIAL OFFICER 45+ years of experience in all aspects of natural 30+ years experience in natural resources and resources development, production and financi
Slide 9: Lithium Chemicals Balance
Developing Nevada's Next Lithium Mine Lithium Chemicals Balance 6,000,000 5,500,000 Demand 5,000,000 Lithium Carbonate 58% 4,500,000 Lithium Hydroxide 4,000,000 49% 3,500,000 3,000,000 2,500,000 63% 2,000,000 1,500,000 1,000,000 500,000 0 (tonnes LCE) 2017 2031 2032 2021 2022 2025 2037 2015 2027 203
Slide 10: Lithium Uses – Electric Vehicles
Developing Nevada's Next Lithium Mine Lithium Uses – Electric Vehicles Electric Vehicle adoption rates will have the biggest impact on lithium-ion battery demand over the forecast period. According to Rho Motion, EV sales are expected to reach 20.9m units by 2025, which would equate to a 20.9% penet
Slide 11: Lithium Uses – Portable Electronics
Developing Nevada's Next Lithium Mine Lithium Uses – Portable Electronics Demand growth rates from portable electronics have gradually slowed since the mid-2000s. While growth will continue from these markets the rate will be limited due to the maturity of key application markets. The stability, den
Slide 12: Lithium Uses – Stationary Storage
Developing Nevada's Next Lithium Mine Lithium Uses – Stationary Storage Growth of lithium-ion battery demand from stationary storage applications is expected to accelerate through to the mid- 2020s when growth rates will slow as markets become more mature. The cost MWh Growth rate (%) and quality im
Slide 13: Demand Forecast: 2020 - 2040
Developing Nevada's Next Lithium Mine Demand Forecast: 2020 - 2040 NEAR MEDIUM LONG TERM TERM TERM Ukraine and Russia, China covid Lithium demand will surpass Lithium demand will surpass lockdowns, inflation, and supply 1mt LCE for the first time in 2mt LCE for the first time in chain disruptions ca
Slide 14: Lithium: US “Critical Mineral”
Developing Nevada's Next Lithium Mine Lithium: US “Critical Mineral” • US Government designated lithium as a “Critical Mineral” of strategic importance in December 2017. (Executive Order 13817 – A Federal Strategy to Ensure, Secure and Reliable Supplies of Critical Minerals) • “Critical Mineral” des
Slide 15: Policy Updates: The Defense Production Act
Developing Nevada's Next Lithium Mine Policy Updates: The Defense Production Act The Defense Production Act Originating in 1950s during the Korean War, the act specifically grants authority to address the mining and production of minerals critical to U.S security. U.S president Joe Biden has invoked
Slide 16: Lithium Deposit Types
Developing Nevada's Next Lithium Mine Lithium Deposit Types CLAYSTONE BRINE HARDROCK Lithium Carbonate Lithium Carbonate Spodumene Concentrate Mine Product (Li2CO3) (Li2CO3) (6% Li2O) Typical Grade 1,000-3,000 ppm Li 500-1,000 ppm Li 4,500-7,000 ppm Li Mining Mining Pumping of Brine Crushing and Gri
Slide 17: Project Location
Developing Nevada's Next Lithium Mine Project Location 1 of 3 Geothermal Lease Advanced lithium projects in Nevada Adjoining Albemarle’s Silver Peak Lithium Brine Operation Silver Peak lithium brine operation of Albemarle 100% owned 5,585 Acres Federal BLM claims Reno Century Lithium’s 3% Clayton Va
Slide 18: Nevada Lithium Projects
Developing Nevada's Next Lithium Mine Nevada Lithium Projects HOST COMPANY PROJECT PROJECT STATUS Brine Albemarle* Silver Peak Operation Producing Schlumberger/Pure Energy* Clayton Valley PEA, Pilot Plant Clay/Claystone Century Lithium Clayton Valley PFS, Pilot Plant Lithium Americas Thacker Pass Fe
Slide 19: Century Lithium Deposit Setting
Developing Nevada's Next Lithium Mine Century Lithium Deposit Setting At Century Lithium’s property, the lithium- bearing units are exposed at surface or with minimal overburden to depths of Lithium is found in illite 150 meters and montmorillonite clays within the Esmeralda Formation From Davis, Fr
Slide 20: Resources Reserves
Developing Nevada's Next Lithium Mine Resources INDICATED Tonnes (Million) Li ppm Tonnes LCE (million) 1,304 905 6.3 Reserves PROBABLE RESERVE Tonnes (Million) Li ppm Tonnes LCE (million) 213 1,129 1.28 Note: See footnotes on determination of Resources and Reserves in the Appendix and the Prefeasibi
Slide 21: Deposit Features
Developing Nevada's Next Lithium Mine Deposit Features • Extensive flat-lying deposit • Lithium in illite and montmorillonite clays to depth of at least 150m below surface • Minimal gravel overburden • Soft clay, requires no drilling & blasting • Leachable clay, low acid consumption • Potential by-p
Slide 22: Pre-Feasibility Study Results
Developing Nevada's Next Lithium Mine Pre-Feasibility Study Results * After-Tax Cash Flow Analysis ($US) Internal Rate of Return (IRR) Net Present Value (NPV 8%) Base Case Price for Lithium Carbonate 25.8% $1.03 billion $9,500/tonne Average Production Lithium Carbonate Payback Period Operating Rate
Slide 23: PFS Design Assumptions
Developing Nevada's Next Lithium Mine PFS Design Assumptions WASTE PLANT • Operating rate of 15,000 tpd • 5.5 million tpy mill feed @ 1100 ppm Li • 40-year mine life LOW GRADE • < 0.3 : 1 strip ratio (O/B to feed) • Conveyor from pit to leach plant • 2,500 tpd sulfuric acid plant on site PIT • Agita
Slide 24: Results from 2022 Sonic Drill Program
Developing Nevada's Next Lithium Mine Results from 2022 Sonic Drill Program • 70.1 meters of 1,336 parts per million lithium • Successful use of sonic drilling to obtain six- and four-inch diameter cores • Completed 580 meters in eight drill holes – 61 to 76 meters in depth • Acquired 15 tonnes of c
Slide 25: Lithium Extraction Facility
Developing Nevada's Next Lithium Mine Lithium Extraction Facility AMARGOSA VALLEY SITE Sodium salt-based chemistry Metallurgically advanced – utilizing DLE • Average lithium recovery – 83% • Average DLE recovery > 99.5% Operating safety for over 22 months Producing high-purity lithium carbonate TSX.
Slide 26: Pilot Plant Objectives
Developing Nevada's Next Lithium Mine Pilot Plant Objectives PLANT AREA OBJECTIVE RESULTS Overall Optimize lithium extraction Positive results from DLE Leaching Feed size, time and conditions Good initial results – up to 85% Tailings Washing, moisture content Achieved <40% moisture content Solution
Slide 27: Chlor-Alkali Plant in Feasibility Study
Developing Nevada's Next Lithium Mine Chlor-Alkali Plant in Feasibility Study • Why Chlor-Akali? HCl • Clayton Valley brine is source of sodium chloride Anode Cathode • Chlor-alkali process supports ESG goals Cl2 H2 • Chlor-alkali allows on-site generation of key + - reagents: hydrochloric acid & so
Slide 28: Extraction Process
Developing Nevada's Next Lithium Mine Extraction Process Mine Feed Tailings Attritor Plate Filters Process Leach Water-1 Location of chlor-akili plant in actual plant operation Pregnant DLE Li2CO3 Leach Solution TSX.V: LCE OTCQX: CYDVF 28
Slide 29: thyssenkrupp nucera Engaged to Design & Engineer Chlor-Alkali Plant
Developing Nevada's Next Lithium Mine thyssenkrupp nucera Engaged to Design & Engineer Chlor-Alkali Plant in Feasibility Study • thyssenkrupp nucera offers world leading technologies for high-efficiency electrolysis plants • Including chlor-alkali electrolysis, HCl electrolysis & alkaline water elec
Slide 30: Century Lithium & Koch Technology Solutions Collaborate on Li-Pro™ Process
Developing Nevada's Next Lithium Mine Century Lithium & Koch Technology Solutions (KTS) Collaborate on Li-Pro™ Process for Commercial Direct Lithium Extraction • Equipment for KTS’ Li-Pro™ process for Direct Lithium Extraction (DLE) has been installed and is now operating at Century Lithium’s Lithiu
Slide 31: Extraction Testing of Lithium-Bearing Claystone
Developing Nevada's Next Lithium Mine Extraction Testing of Lithium-Bearing Claystone Pilot Plant Components Crushed Claystone Ready to Process TSX.V: LCE OTCQX: CYDVF 31
Slide 32: Lithium Extraction Pilot Plant Results
Developing Nevada's Next Lithium Mine Lithium Extraction Pilot Plant Results • Continuous 24-hr per day operation achieved • Extractions of lithium in leaching between 83% and 85% • Flowsheet simplified • Magnesium, iron, aluminum and other impurities removed in PIR/SIR • DLE process recovering 99.5
Slide 33: Extraction Testing of Lithium-Bearing Claystone
Developing Nevada's Next Lithium Mine Extraction Testing of Lithium-Bearing Claystone Concentrated Lithium Solution Evaporator TSX.V: LCE OTCQX: CYDVF 33
Slide 34: CONFIRMED: Battery Grade Lithium Carbonate 99.94% Purity
Developing Nevada's Next Lithium Mine CONFIRMED: Battery Grade Lithium Carbonate 99.94% Purity • Enhanced battery grade Li2CO3 (lithium carbonate) made • 99.94% or “Three Nines” purity • Exceeded the standard for battery grade (99.5%) • Li2CO3 derived from 7 gram/liter intermediate concentrated lith
Slide 35: Feasibility Study Summary
Developing Nevada's Next Lithium Mine Feasibility Study Summary Feasibility Study Highlights Resource Friendly • AACE Class 3 Estimate • Efficient use of water, salt, and land • 15,000 tons/day of ore processed, 40-year • Tailings facility to backfill a portion of pit mine life • Potential use of so
Slide 36: Environmental & Social Governance
Developing Nevada's Next Lithium Mine Environmental & Social Governance Initial baseline Project design will Opportunities for Focus on effective Commitment studies minimize Renewable water and land to working completed environmental Energy management with local and cultural communities for impact •
Slide 37: Moving Forward – The Year Ahead
Developing Nevada's Next Lithium Mine Moving Forward – The Year Ahead • Complete Feasibility Study – H2 2023 • ESG Improvements • Connect with local community • Study alternatives to recycle sodium, chlorine, and water • Pursue solar and geothermal energy solutions • Optimize lithium carbonate produ
Slide 38: Summary
Developing Nevada's Next Lithium Mine Summary Advanced Stage Project Confirmed Battery Grade Li2CO3 • Fully financed to production decision • Successfully produced 99.94% Li2CO3 battery • Feasibility stage lithium clay project grade purity with low level impurities • 40+ year life of mine • Integrat
Slide 39: Claystone Sample Crushed & Screened
Developing Nevada's Next Lithium Mine APPENDIX Claystone Sample Crushed & Screened TSX.V: LCE OTCQX: CYDVF 39
Slide 40: Filtration System & Tailings
Developing Nevada's Next Lithium Mine APPENDIX Filtration System & Tailings Plate Filters Tailings TSX.V: LCE OTCQX: CYDVF 40
Slide 41: Leaching System CCD Thickeners
Developing Nevada's Next Lithium Mine APPENDIX Leaching System CCD Thickeners TSX.V: LCE OTCQX: CYDVF 41
Slide 42: Contact
Contact Spiros Cacos Vice President, Investor Relations T +1 604 764 1851 info@centurylithium.com centurylithium.com TSXV LCE | OTCQX CYDVF 42
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