Atlantic Lithium Limited. · LSE:ALL
Atlantic Lithium — 121 Mining Investment, Sydney 2022
25 slides from Atlantic Lithium's conference presentation, Oct 12, 2022
Slide 1: Corporate Communications Update
For personal use only 12 October 2022 Corporate Communications Update Atlantic Lithium Limited (AIM: ALL, ASX: A11, OTC: ALLIF, "Atlantic Lithium" or the "Company"), the funded African- focussed lithium exploration and development company targeting to deliver Ghana’s first lithium mine, is pleased t
Slide 2: Contact and About Atlantic Lithium
For any further information, please contact: For personal use only Atlantic Lithium Limited Tel: +61 2 8072 0640 Neil Herbert (Executive Chairman) Amanda Harsas (Finance Director and Company Secretary) www.atlanticlithium.com.au atlantic@yellowjerseypr.com Yellow Jersey PR Limited Tel: +44 (0)20 300
Slide 3: Charging the Change – 121 Investor Presentation October 2022
For personal use only CHARGING THE CHANGE 121 Investor Presentation October 2022
Slide 4: Important & Cautionary Statement
IMPORTANT & CAUTIONARY STATEMENT For personal use only Important notice Competent Person Statements These presentation slides (the “Slides”) have been prepared by Atlantic The information in the Slides that relates to the estimation and Forward-looking information is developed based on assumptions a
Slide 5: Atlantic at a Glance
ATLANTIC AT A GLANCE For personal use only Flagship Project Strong Cash Position Ewoyaa, Ghana - 30.1Mt @ 1.26% Li2O c. US$16m for future growth “ Advancing Ewoyaa through studies to become Ghana's “ first lithium producing mine Pre-Feasibility Study Post-Tax NPV US$1.33bn Proven Premium Product Hig
Slide 6: Corporate Snapshot
CORPORATE SNAPSHOT For personal use only Capital Structure Major Shareholders Issued Capital: 605.7m Top 20 Shareholders: 79.8% Assore Int. Holdings 50.50m 2.7m 658.9m 22.65% Options Performance Rights Fully-diluted share capital Other Piedmont Lithium Inc 57.1% 9.39% £230m / A$387m US$16m / A$23.8m
Slide 7: Board and Management
BOARD AND MANAGEMENT For personal use only Neil Herbert – Executive Chairman Stu Crow – Senior Non-Executive Director Board FCCA More than 30 years of experience in the mining sector in all aspects of corporate Over 30 years experience in growing mining and oil and gas companies, both as an finance
Slide 8: Piedmont Funding Agreement
PIEDMONT FUNDING AGREEMENT Targeted to Become First Ghana Lithium Producer For personal use only Piedmont investment US$103m – Atlantic maintains control STAGE 1 STAGE 2 STAGE 3 OTHER KEY TERMS Initial Investment into Atlantic Funding of Regional Funding of Capex Lithium Limited (c. US$16m) Explorat
Slide 9: Dual Listing Overview
DUAL LISTING OVERVIEW Atlantic Lithium now listed on the Australian Securities Exchange – A11 For personal use only Atlantic Lithium listed and commenced trading on the ASX on Monday 26 September to complement its existing AIM listing The Board considers that a dual listing on the ASX will provide t
Slide 10: Lithium Market Outlook
LITHIUM MARKET OUTLOOK For personal use only Lithium-rich spodumene concentrate used in the production of downstream Atlantic is ideally placed to take advantage of strong long-term lithium chemicals for end use in lithium batteries market fundamentals for spodumene concentrate Global Electric Vehic
Slide 11: Our Vision
OUR VISION For personal use only A sustainable lithium supply with positive social impact to support the global transition to a carbon neutral future. ATLANTIC LITHIUM LIMITED LTD. 10
Slide 12: Ewoyaa Lithium Pegmatite Discovery in Ghana
EWOYAA LITHIUM PEGMATITE DISCOVERY IN GHANA For personal use only 30.1Mt @ 1.26% Li2O Significant Exploration Upside; (Inferred & Indicated, JORC 2012) 37,000m drilling programme Coarse Spodumene concentrate underway 20.5Mt @ 1.29% Li2O (Indicated) Pre-Feasibility Study released in 18.9Mt @ 1.24% Li
Slide 13: Ghana & Côte d'Ivoire Lithium Portfolio
GHANA & COTE D’IVOIRE LITHIUM PORTFOLIO For personal use only 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 ~90,000m of RC and DD dri
Slide 14: Coarse Spodumene – Broad Widths
COARSE SPODUMENE – BROAD WIDTHS For personal use only Coarse spodumene in outcrop Coarse spodumene pegmatite drill core ATLANTIC LITHIUM LIMITED 13
Slide 15: Simple Metallurgy – Premium SC6 Product
SIMPLE METALLURGY – PREMIUM SC6 PRODUCT For personal use only >6% spodumene concentrate at 10mm crush via conventional DMS Heavy Liquid Separation recoveries up to 90% Low contaminants; <1% Fe203, <3% combined Na2O & K2O Simple gravity process flow sheet; No early flotation Low capital intensity imp
Slide 16: Exceptional Logistics
EXCEPTIONAL LOGISTICS For personal use only 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
Slide 17: 30.1Mt @ 1.26% Li2O and Growing
30.1Mt @ 1.26% Li2O AND GROWING Current MRE footprint, additional resource drilling & target areas on pXRF Rb soils and LIBS Li soils For personal use only Significant potential to grow resource base within ‘mine corridor’ 37,000m drilling underway; to support exploration & resource upgrade Proven l
Slide 18: Exploration Upside Multiple Targets Defined
EXPLORATION UPSIDE MULTIPLE TARGETS DEFINED For personal use only Only 13km2 of 560km2 (~2%) tenure portfolio drilled to date; predominantly within Ewoyaa High priority target zones corridor Regional target definition; Multiple untested targets Area on previous slide Helicopter geophysics and grid s
Slide 19: ESG Initiatives - Low Carbon Footprint
ESG INITIATIVES - LOW CARBON FOOTPRINT For personal use only Strong national employment and Community consultation meetings Weather station data download training programmes implemented Regeneration nurseries established and access/drill pad revegetation Community programmes and engagement; e.g. mar
Slide 20: Pre-Feasibility Study Delivers Robust Project Economics
PRE-FEASIBILITY STUDY DELIVERS ROBUST PROJECT ECONOMICS+ Pre-Feasibility Study (September 2022) Ultimate mining operation overview showing all associated project development infrastructure For personal use only 30.1Mt @ 1.26% Li2O US$1,359/t SC6 100% basis + refer cautionary statement for production
Slide 21: Saleable Products
SALEABLE PRODUCTS For personal use only PFS incorporates two additional revenue streams from saleable direct shipping ore fines product (“DSO fines”) and a saleable Feldspar by-product Feldspar is widely used in glass and ceramics industries Testwork demonstrates that low iron products can be produc
Slide 22: Ewoyaa PFS Key Metrics
EWOYAA PFS KEY METRICS (100% Project Basis1) Item Units PFS Statistic For personal use only 1Note: Whilst the asset is currently wholly owned by Atlantic Lithium Ltd, Piedmont Lithium Inc. can earn up to half the asset Mineral Resource2 Mt @ % 30.1Mt @ 1.26% Li2O through the funding agreement, whils
Slide 23: Our Growth Story
OUR GROWTH STORY For personal use only Funded towards production Targeting: Excellent Project MRE Upgrade Economics DFS 2023 12.5 year mine life Mining Licence 2023 Strong ESG producing 255,000tpa of SC6 at FOB Opex of US$278/t. Production 2024 Credentials Post-tax NPV8 of US$1.33bn, Established pro
Slide 24: Ghana Country Profile and Pro Mining Investment Framework
GHANA- COUNTRY PROFILE AND PROJECT LOCATION / PRO MINING INVESTMENT FRAMEWORK For personal use only Mineral Rights, Licences & Population Permits: 30.8 million Exploration Permits – 4 years Area and 2 x 3 year extensions 238,000 km2 with up to ½ relinquishment Language Mining Permits – granted for E
Slide 25: For personal use only
Atlantic Lithium Limited http://www.atlanticlithium.com.au/ Level 33, Australia Square, info@atlanticlithium.com.au 264 George Street, For personal use only Sydney, NSW 2000
Atlantic Lithium — 121 Mining Investment, Sydney 2022 on 6ix