Slide 1: Wolfsberg Lithium Project
Wolfsberg Lithium Project Spark + Mining Day Presentation 11 August 2021
Slide 2: Disclaimer
DISCLAIMER This presentation and any additional documents handed out at any meeting or provided directly to potential investors (together the “Presentation Materials”) have not been approved by (i) NEX Exchange Limited or by any authority which could be a competent authority for the purposes of the
Slide 3: Key Investment Highlights
KEY INVESTMENT HIGHLIGHTS Advanced project Aiming to be the first local lithium supplier into an Mine Life > 10 years* integrated European battery supply chain Lithium hydroxide production @ 16,000 US$/t x PFS completed – DFS underway 10,000 t/a Lithium hydroxide x 10 years* Economic viability Total
Slide 4: Pre-Feasibility Study Completed
PRE-FEASIBILITY STUDY COMPLETED* Highlights Accelerated case with NPV US$339.4 million, based on JORC compliant resource at 10.98 million t. Lithium hydroxide production 10,129 t/a in accelerated case. Planned increase of Measured and Indicated resources for the DFS, so that project design and evalu
Slide 5: Lithium Production – economic importance for the EU
LITHIUM PRODUCTION – economic importance for the EU CLIMATE AIM AND MOBILITY STRATEGIC FRAMEWORK • International climate agreements and changing • Geopolitical view public perception for sustainability in ecology ADVANTAGES IN AUSTRIA AND EU • EU – USA, transatlantic challenges and economy as the ai
Slide 6: Wolfsberg Lithium Project
WOLFSBERG LITHIUM PROJECT Bulk extraction from Wolfsberg Lithium Project (Sep/Oct 2013) 5
Slide 7: European Lithium – Lithium in the Heart of Europe
EUROPEAN LITHIUM – LITHIUM IN THE HEART OF EUROPE Production anticipated to commence 2023, potential to be the first battery-grade lithium producer in Europe Existing exploration mine in centre of Europe, 270km SW of Vienna, close to Graz and Klagenfurt airport, railway and highway access. Very good
Slide 8: Resource Extension Drilling
RESOURCE EXTENSION DRILLING In the June quarterly report the Company provided an update regarding the resource extension drilling program at the Wolfsberg Lithium Project: Eleven (11) drillholes were completed at the time of reporting totalling 5,200m of core. We are excited to report that pegmatite
Slide 9: European Lithium Limited
EUROPEAN LITHIUM LIMITED www.europeanlithium.com 8