Lithium Americas Corp. · NYSE:LAC
Lithium Americas — Investor Presentation (September 2021)
24 slides from Lithium Americas's investor presentation, September 2021
Slide 1: Corporate Presentation
Caucharí-Olaroz Jujuy, Argentina CORPORATE PRESENTATION SEPTEMBER 2021
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT ADDITIONAL REFERENCE MATERIALS TECHNICAL INFORMATION This presentation should be read in conjunction with Lithium Americas Corp.’s (“Lithium Scientific and technical information in this presentation about the Caucharí-Olaroz Project and the Americas”, “LAC” or the “Company”) new
Slide 3: Lithium Americas – Overview
LITHIUM AMERICAS – OVERVIEW Vancouver Developing two advanced-stage lithium projects in Argentina and the USA Thacker Pass Reno 1 Atlanta Strong balance sheet with over $500 million1 in cash and Caucharí- Olaroz capex fully-funded from available debt 2 Partnered with Ganfeng Lithium on the 40,000 tp
Slide 4: Capital Structure
CAPITAL STRUCTURE Over $500M in cash and fully-funded to bring Caucharí-Olaroz into production in mid-2022 Share Price (NYSE:LAC) Trading Symbol TSX and NYSE: LAC $30.00 Shares Outstanding4 120 million 52 Week Range1 $6.69 – $28.75 Share Price1 $19.87 $20.00 Average Daily Volume1,2 5.4 million (30-d
Slide 5: Senior Management Team
SENIOR MANAGEMENT TEAM Assembled management team with technical, financial and project execution experience in the lithium industry JON EVANS IGNACIO CELORRIO ALEC MEIKLE President & CEO President, Latin America VP, Corporate Development 20+ years in management, including 25+ years in management and
Slide 6: Lithium Prices
LITHIUM PRICES Battery-quality lithium carbonate prices in China are up over 100% since August 2020 Lithium Carbonate ($/tonne) H2/21: Benchmark anticipates the carbonate market to return to rising prices in H2 2021, as seasonal production $30,000 within China subsides against a backdrop of rising g
Slide 7: Developing Low-Cost Production
DEVELOPING LOW-COST PRODUCTION Lithium Americas’ projects are expected to have operating costs toward the low end of the cost curve Operating Cost Curve ($/tpa LCE, 2020 estimates) Hardrock Brine $12,000 $10,000 $8,000 Caucharí-Olaroz Thacker Pass 40,000 tpa FS 60,000 tpa PFS $6,000 $4,000 $2,000 $0
Slide 8: Caucharí-Olaroz, Jujuy Province
CAUCHARÍ-OLAROZ, JUJUY PROVINCE Largest new battery-quality lithium carbonate operation under construction BOLIVIA in over 20 years Construction advancing towards production start mid-2022 CHILE Stage 1: average production of 40,000 tpa battery-quality Li2CO3* • Project life of 40 years • Capita
Slide 9: Caucharí-Olaroz Construction Update
CAUCHARÍ-OLAROZ CONSTRUCTION UPDATE On track for production by mid-2022 Experienced senior members of Ganfeng Lithium’s commissioning and construction team arrived in Q2 2021 to assist through to start-up All major equipment and majority of bulk materials are on site Solar evaporation ponds ar
Slide 10: Caucharí-Olaroz Processing Plant – Aerial View
CAUCHARÍ-OLAROZ PROCESSING PLANT – AERIAL VIEW SEPTEMBER 2021 10
Slide 11: Caucharí-Olaroz Construction Schedule
CAUCHARÍ-OLAROZ CONSTRUCTION SCHEDULE Construction is underway with production expected in mid-2022 2017 2018 2019 2020 2021 2022 2023 Started pond construction 51/49 JV Transaction announced Stage 1 Development Complete Commenced detailed Ganfeng $160M project Production start (expected
Slide 12: Caucharí-Olaroz Longer-Term
CAUCHARÍ-OLAROZ LONGER-TERM LAC and Ganfeng Lithium have begun planning for a Stage 2 expansion beyond initial 40,000 tpa LCE Targeting Stage 2 development parameters including: Caucharí-Olaroz is the largest lithium brine resource in development* (Mt LCE) • Production capacity of at least 20,000
Slide 13: Thacker Pass Lithium Project
OREGON THACKER PASS LITHIUM PROJECT Developing the largest-known lithium resource in the United States Thacker Pass 100% owned by Lithium Americas with offtake rights uncommitted Permitted for construction and operation with Record of Decision issued January 15, 2021 Winnemuca Nearby infrastru
Slide 14: Thacker Pass Process Flowsheet
THACKER PASS PROCESS FLOWSHEET The Thacker Pass flowsheet applies a simple acid leaching process used in other industries Water Since 2008, we have worked to minimize Air the environmental footprint of Thacker Pass beyond what is required by Sulfur Electricity regulatory standards Quicklime, Soda As
Slide 15: Thacker Pass Process Test Facility
THACKER PASS PROCESS TEST FACILITY Produced over 30,000 kg of lithium sulphate solution at the process testing facility in Reno Process optimization focused on reducing acid consumption Engaged third-party vendors to engineer and design lithium carbonate and lithium hydroxide evaporator and crys
Slide 16: Thacker Pass Development Schedule
THACKER PASS DEVELOPMENT SCHEDULE ROD received in January 2021 and other permits expected by end of 2021 2017 2018 2019 2020 2021 2022 2023 Completed 2017 Process Testing Exploration Program Facility completed All major permits BLM NEPA Baseline expected Completed Process Studies Complete
Slide 17: Thacker Pass Summary
THACKER PASS SUMMARY Stage: One of the most advanced lithium projects currently under development in the USA Located in Nevada, Over 10 years of development, over $100M invested and permitted for construction with receipt of Record of Decision Thacker Pass has the Scale: Large, scalable, high-qual
Slide 18: Focused on Execution
FOCUSED ON EXECUTION Fully funded to bring online new battery-quality lithium supply by mid-2022 1 Advancing late-stage development projects towards production 2 Strong balance sheet with over $500M in cash to develop Thacker Pass, and Caucharí-Olaroz is fully funded from credit facilities Caucharí-
Slide 19: Appendix
APPENDIX LithiumAmericas SEPTEMBER 2021 19
Slide 20: Board of Directors
BOARD OF DIRECTORS Lithium Americas is focused on reaching production and maximizing shareholder value Diverse industry experience Pursuing a low-risk Closely aligned with shareholders approach to development Background in mining, finance and construction Partnered with Ganfeng Lithium on Caucha
Slide 21: Lithium Americas Resource and Reserve Summary
LITHIUM AMERICAS RESOURCE AND RESERVE SUMMARY Caucharí-Olaroz (100% basis) Thacker Pass (100% basis) Drainable Average Li Lithium Metal LCE Tonnage Li Grade Li Cut-off LCE Brine Concentration (t) (000 t) (000t) (ppm) (ppm) (000 t) Volume (m3) (mg/L) Mineral Reserves – May 2019 Proven and Probable Re
Slide 22: Forward-Looking Statements and Disclaimers
FORWARD-LOOKING STATEMENTS AND DISCLAIMERS FORWARD-LOOKING STATEMENTS AND INFORMATION This presentation contains “forward-looking information” within the meaning of applicable Canadian securities legislation, and “forward-looking statements” within the meaning of applicable United States securities
Slide 23: Forward-Looking Statements and Disclaimers
FORWARD-LOOKING STATEMENTS AND DISCLAIMERS FORWARD-LOOKING STATEMENTS AND INFORMATION (CONT.) the availability and ability to secure adequate financing and on favourable terms; risks to the growth of the lithium markets; lithium prices; inability to obtain or maintain required governmental permits;
Slide 24: Contact Information
CONTACT INFORMATION ir@lithiumamericas.com www.lithiumamericas.com 300 – 900 West Hastings Street Vancouver, BC V6C 1E5 Canada @LithiumAmericas Thacker Pass Nevada, US
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