Liontown Limited · ASX:LTR
Liontown — Liontown Resources — Paydirt's Battery Minerals Conference 2023
23 slides from Liontown's conference presentation, Mar 21, 2023
Slide 1: Getting it done with integrity
For personal use only Getting it done with integrity Adam Smits Chief Operating Officer March 2023 ASX:LTR ltresources.com.au On Tjiwarl Country
Slide 2: Important information
Important information Forward looking statements For personal use only The Information in this Presentation that relates to Mineral Resources for the Buldania Project is extracted from the ASX This Presentation contains forward-looking statements which are identified by words such as ‘may’, ‘could’,
Slide 3: Corporate overview – Corporate Snapshot
Corporate overview Corporate Snapshot (20 March 2023) For personal use only Liontown aims to be a globally significant provider of battery minerals for the rapidly growing clean energy market and is currently focused on developing the world-class Kathleen Valley Lithium Project Market Cap Share Pric
Slide 4: Lithium supply dynamics
Lithium supply dynamics Forecast lithium market deficit is expected to grow out to 2040, driven by significant demand and tight supply For personal use only Demand / Supply Forecast, 2021-40, kt LCE (Battery Grade) Demand 4.1 Deficit / (Surplus) % 1 Demand Supply Supply Gap Consensus shifting sign
Slide 5: Liontown's strategy
Liontown’s strategy For personal use only Our pathway to become a globally significant provider of battery minerals as the world transitions to a low-carbon future Kathleen Valley Downstream Expansion Liontown Full Potential Full Potential Develop integrated Australian Expand portfolio through organ
Slide 6: The Liontown Way
The Liontown Way For personal use only Safety is ESG is part People more than a two of what we do Matter minute share Doing it once Considered Learn from for the right approach with others and reasons and the future deliver on what with respect ambition in mind we say we will 6
Slide 7: We're a company of people
We’re a company of people For personal use only Growing very fast Tough market Lots of interest Recruited well Building our culture 7
Slide 8: Partnering with others - Native Title Agreement
Partnering with others - Native Title Agreement For personal use only Native Title Agreement with Tjiwarl AC 2.5 year A comprehensive Creating social and process partnership economic value • Multiple Tjiwarl contractors already engaged: • Comprehensive NTA with shared ambition and site works, commun
Slide 9: Our ESG approach
Our ESG approach For personal use only ESG is in our DNA Respecting Partnering Developing Creating social Operating and with others natural resources and economic with integrity protecting responsibly value ESG Manager – early hire 60+% renewable on start-up Reduced footprint High levels of engageme
Slide 10: Project update and optimisation
Project update and optimisation For personal use only Revised capital estimate $895m Early Potential Revenue Optimisation and scope adjustments through Direct Shipping Ore (DSO)2 or industry-wide cost escalation pre-sales Mine & Plant Design Optimisation Potential Funding Options Advancing a range o
Slide 11: Capital
Capital For personal use only Time to market and safe delivery of the Project to schedule remain a priority focus Strong focus on cost • Scope additions to de-risk project tracking, schedule • Increase in on-site accommodation to support increased and forecasting to labour resources keep us on track
Slide 12: Mine optimisation
Mine optimisation Significant optimisation of the mine plan since November 2021 DFS. For personal use only Kathleen’s Corner Open Pit Mt Mann Open Pit & Underground Access • Additional waste rock for LOM TSF build • Pit size reduced to complete mining before underground • Pit design include undergro
Slide 13: Plant optimisation
Plant optimisation Flowsheet debottlenecking / optimisations have unlocked increased capacity, while For personal use only preserving mid-2024 first concentrate production. 3 Mtpa Process Flowsheet DRY PLANT ROM Primary Sizing Secondary Pad Crushing Screen Crushing • Optimised 3 Mtpa base case deliv
Slide 14: Early revenue - DSO opportunity
Early revenue - DSO opportunity 1 Direct Shipping Ore being pursued as opportunity to generate early cashflow with strong customer interest For personal use only • Additional material not part of the current ore inventory • Over a dozen customers sent samples for pre- qualification Concrete foundati
Slide 15: What's happening on-site: mining
What’s happening on-site: mining 317k BCM1 moved For personal use only Site works continues to ramp up, with a clear pathway to deliver first tonnes on schedule by mid-2024 in the first month of mining, on track for >450k in March KC Pit MM Pit 15 1. BCM – Bulk Cubic Metres
Slide 16: What's happening on-site: ROM Pad
What’s happening on-site: ROM Pad On-site construction continues to ramp up, with a clear pathway to deliver first tonnes For personal use only on schedule by mid-2024 Run-of-Mine pad taking shape 16
Slide 17: Construction on-schedule
Construction on-schedule On-site construction continues to ramp up, with a clear pathway to deliver first tonnes on schedule by mid-2024 For personal use only Foundation for the SAG Mill well advanced ‘Dragonfly’ Accommodation Village 17
Slide 18: Off-site fabrication on-schedule
Off-site fabrication on-schedule Off-site fabrication on track, validating early purchasing of long lead items (up 6 months ahead of FID) For personal use only SAG Mill gearbox Vibrating feeder SAG mill Concentrate filters arriving in Fremantle 18
Slide 19: Clear pathway to first production
Clear pathway to first production Delivering a new source of greenfields lithium spodumene to the market by mid-2024 For personal use only Track record of delivery Priority to first production Permits Major Foundation A$300m Early works / DFS & NTA A$463 Equity secured / contractors Complete offtake
Slide 20: We're really building this
We’re really building this For personal use only Video Link: Kathleen Valley Snapshot February 2023 20
Slide 21: In closing
In closing For personal use only Starts with building Getting it done Kathleen Valley Doing it right, With integrity for the right reasons 21
Slide 22: Questions
For personal use only QUESTIONS 22
Slide 23: Investor relations contact details
For personal use only Rob Carruthers Head of Corporate Affairs & Investor Relations T: T: 0415 +61 8979 6186310 4600 rcarruthers@ltresources.com.au E: info@ltresources.com.au Level 2, 1292 Hay Street, West Perth WA 6005 ABN 39 118 153 825 Level 2, 1292 Hay Street, +61 8 6186 4600 West Perth WA 6005
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