Argosy Minerals Limited · ASX:AGY
Argosy Minerals — Shareholder Meeting (May 2022)
21 slides from Argosy Minerals's shareholder meeting presentation, May 31, 2022
Slide 1: 2022 AGM Presentation
2022 AGM Presentation May 2022 ASX: AGY www.argosyminerals.com.au
Slide 2: Disclaimer & Important Statement
Disclaimer & Important Statement • This presentation is for information purposes only. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction. This presentation m
Slide 3: Company Overview
ARGOSY MINERALS = 2 ra o > Oo > = 4 S. £ ° O
Slide 4: What sets us apart from our peers
What sets us apart from our peers ✓ Owner of the Rincon Lithium Project, Salta Province, Argentina – 77.5% current interest, increasing to 90% ownership upon development of 10,000tpa operation ✓ Industrial-scale pilot plant in operation for over 3 years ➢ Proof of Concept – produced +30 tonnes of ba
Slide 5: Corporate Snapshot
Corporate Snapshot Capital Structure Recent Share Price Performance Shares on issue 1,354,680,890 0.60 50 Volume Close Share price 1 A$0.49 45 0.50 40 Market capitalisation 1 A$663 million 35 2 0.40 Cash A$38.3 million 30 Volume (m) 2 (Price A$/sh) Debt Nil 0.30 25 Options 3 49,970,498 20 0.20 15 AS
Slide 6: Rincon Project: Lithium Production
Rincon Project: Lithium Production 6
Slide 7: Rincon Lithium Project: Production in Argentina
Rincon Lithium Project: Production in Argentina • Rincon Lithium Project located in the world-class “Lithium Triangle” in Salta Province, Argentina Argosy has de-risked its proprietary clean lithium process technology: 1. Industrial Scale Pilot Plant – produced +30 tonnes of high purity battery qual
Slide 8: 2,000tpa Operation
2,000tpa Operation • Construction 83% complete • First Li2CO3 product from Q3-CY2022 • CAPEX ~US$20 million (excl. VAT) - fully funded • Works progressing on schedule and budget Advantages associated with Argosy’s fast-track development strategy • Materially lower capex to de-risk 10,000tpa expansio
Slide 9: 2,000tpa Operation – Construction Progress
2,000tpa Operation – Construction Progress Rincon Lithium Project Construction Progress Utilities and associated services 85% Process plant 82% Brine system 100% Site works 94% Earthworks/land movements 100% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% • Additional process tanks and reactors, and bac
Slide 10: 2,000tpa Operation
2,000tpa Operation 10
Slide 11: 2,000tpa Operation
2,000tpa Operation 11
Slide 12: 10,000tpa Expansion Operation
10,000tpa Expansion Operation • Completed PEA with exceptional results - low opex and robust returns • Regulatory approval for additional 10,000tpa operation in ~H1-2022 • Will utilise the same processing technology as the 2,000tpa operation – additional 10,000tpa scale expansion • Post regulatory a
Slide 13: Minimal Environmental Footprint
Minimal Environmental Footprint Argosy has developed a chemical process technology with a minimal environmental footprint Low Impact Green Process & Clean Technology Green Product Flora & Fauna • Low energy use: ~1MW for 2,000tpa operation, ~6MW for 10,000tpa operation Low Energy Use • In discussion
Slide 14: Low Carbon Footprint A Reality
Low Carbon Footprint A Reality • AGY has the ability to be truly carbon neutral • Altiplano Solar Power Park: - Less than 5km to plant operations - Commenced operations in October 2021 5km - Owned and operated by Neoen, France’s leading independent producer of renewable energy - Targeting connectivi
Slide 15: Significant Infrastructure Footprint
Significant Infrastructure Footprint • Rincon has significant site, power and transport infrastructure in place • Commercial 10,000tpa scale evaporation ponds (~400ha) to be constructed ~6km Existing ~38ha from production wells and proposed process operational evaporation ponds plant site Site of 2,
Slide 16: Significant Exploration Potential to Realise
Significant Exploration Potential to Realise • 245,120t Li2CO3 JORC Indicated Resource to a vertical depth of 102.5m • Additional Exploration Target1 of 262,000t to 479,000t contained Li2CO3 within depth interval between 102.5m to 300m below ground level • Combined JORC Indicated Mineral Resource an
Slide 17: Roadmap Beyond 12,000tpa
Roadmap Beyond 12,000tpa Industrial Scale Pilot Plant (+30t >99.5% Li2CO3 produced) 2,000tpa Commissioning 2,000tpa steady-state production 10,000tpa EIA 10,000tpa construction Granted 10,000tpa Commissioning 10,000tpa steady-state production EIA Process for additional production expansion EIA Grant
Slide 18: Tonopah Project: Exploration
Tonopah Project: Exploration 18
Slide 19: Tonopah Lithium Project – Nevada USA
Tonopah Lithium Project – Nevada USA TONOPAH IS STRATEGICALLY LOCATED IN THE EMERGING USA LITHIUM HEARTLAND • Located ~4km from Albermarle’s longstanding Silver Peak operation - the only lithium carbonate operation in USA (operating for +50yrs) • Geophysical data identifies lithium brine target area
Slide 20: Argosy: A New Lithium Producer
Argosy: A New Lithium Producer ▪ Staged development strategy - industrial scale pilot plant→2,000tpa→12,000tpa o Stage 1 – Pilot plant accelerating process and product qualification works o Stage 2 – 2,000tpa in construction → first commercial production from mid-2022 Rincon Lithium o Stage 3 – 10,0
Slide 21: Contact
Jerko Zuvela, Managing Director Contact +61 8 6188 8181 admin@argosyminerals.com.au Level 2, 22 Mount Street Perth WA 6000 Australia 21