European Metals Holdings Ltd · LSE:EMH
European Metals — RIU Conference 2016
13 slides from European Metals's conference presentation, Feb 24, 2016
Slide 1: Cinovec: a globally significant previously mined lithium deposit in the heart of Europe
CINOVEC For personal use only a globally significant previously mined lithium deposit in the heart of Europe RIU Conference February 2016 1
Slide 2: Disclaimer and Cautionary Statement
Disclaimer and Cautionary Statement For personal use only DISLAIMER This presentation has been prepared by European Metals Limited (“European Metals” or the “Company”). It is not a disclosure document and should not be considered as an offer or invitation to subscribe for, or purchase any securities
Slide 3: Cautionary Statement and Competent Person
Disclaimer and Cautionary Statement For personal use only CAUTIONARY STATEMENT The Cinovec Scoping Study financials referred to in this announcement (see page 13) are based on low level technical and economic assessments and is of insufficient certainty, under the JORC Code and ASX Listing Rules and
Slide 4: Large, low cost lithium in the heart of Europe
Large, low cost lithium in the heart of Europe For personal use only Active Lithium Projects - Non Brine Cinovec - a 100% owned globally significant 12 10 lithium and tin deposit 8 Exploration Target LCE (Mt) 6 4 Cinovec - the largest lithium resource in 2 0 Europe with substantial exploration upsid
Slide 5: Lithium
Lithium For personal use only Lithium ion technology revolutionised the battery industry Demand for lithium batteries forecast to grow from 65kt LCE in 2015 to 163kt LCE in 2020 Estimated value of global market in 2020 – US 70 billion Lithium carbonate price increased from US 6,800/t in Oct 14 to US
Slide 6: Cinovec Deposit
Cinovec Deposit For personal use only • >80km historic diamond drilling, 21.5km historic development Hole From To Width Li2O tunnels at Cinovec South (m) (%) • 3 diamond holes drilled in 2014 by EMH CN-17 22.0 224.0 202.0 0.62 • Drilling in progress CN-86 5.0 211.5 206.5 0.51 • Inferred Resource 5.5
Slide 7: Cinovec Location
Cinovec Location For personal use only • Located in the heart of Europe with ready access to end user car makers and companies involved in energy storage • Large industrial and chemical plants with excellent support services in Czech and Germany • Two rail lines within 10km of the deposit • Adjacent
Slide 8: Cinovec Scoping Study
Cinovec Scoping Study For personal use only • Potential for development of Cinovec to be KEY INPUTS AND OUTPUTS – SCOPING STUDY technically and financially viable Pre-production CAPEX US$326 million • Mine design work suggests Cinovec could be a bulk underground mining operation Mining US$27.04/t or
Slide 9: Lithium Processing
Lithium Processing For personal use only • Currently evaluating four separate processing alternatives – all of which have successfully produced lithium carbonate • HoA with Lithium Australia (ASX:LIT) to trial proprietary atmospheric leach for lithium recovery o Battery-grade Li2CO3 precipitated fro
Slide 10: Corporate Snapshot
Corporate Snapshot For personal use only ASX Code EMH CDIs 87.0 million Options (June 2016 @ 10c) 21.9 million Market Cap 12.2 million at 14c per share (CDIs) Shareholder Structure Directors and Senior Management Rare Earth Minerals plc 12.0% Dave Reeves Non-executive Chairman Held by Directors 12.0
Slide 11: Market Comparatives
Market Comparatives For personal use only Lithium $275.23 • Bacanora Minerals (TSX/AIM:BCN) $250.00 o Sedimentary/clay lithium and borate deposits, northern Mexico $200.00 • Altura Mining (ASX: AJM) $145.01 Ev/t LCE $150.00 $129.19 o Pilgangoora pegmatite deposit, Australia • Neometals (ASX:NMT) $10
Slide 12: 2016 Program
2016 Program For personal use only • Continued drilling to allow estimation of Indicated Resource for basis of PFS • Trade off studies regarding early access to ore, plant locations and finalising lithium process route • Pilot testwork on chosen lithium carbonate method including potash production •
Slide 13: Investment Summary
Investment Summary For personal use only • Cinovec is the largest lithium resource in Europe and one of the largest non-brine lithium resources in the world • Cinovec is potentially a low cost producer of lithium carbonate (nett of by product credits) • Cinovec is located in Europe – the second larg