Infinity Metals Limited · ASX:INF
Infinity Metals — Investor Presentation (September 2019)
33 slides from Infinity Metals's investor presentation, Sep 18, 2019
Slide 1: Infinity Confirms Key European Commission Appointments
ACN 147 413 956 ASX: INF ANNOUNCEMENT 18 September 2019 Infinity Confirms Key European Commission Appointments and Position as Leading European Integrated Lithium Chemicals Project HIGHLIGHTS Infinity and European Commission nominated lithium expert Vincent Ledoux- Pedailles participated in the Cr
Slide 2: ASX announcement continued: EU events and contact
ACN 147 413 956 materials through the value chain. Infinity is joining Volkswagen, Euromines, the United Nations Economic Commission for Europe and others on the CERA Advisory Board. Furthermore, Infinity will be participating in a number of EU events over the month of September. European Battery Al
Slide 3: Infinity Lithium Investor Presentation September 2019
INFINITY LITHIUM Investor Presentation September 2019
Slide 4: Disclaimer
Disclaimer For Consideration ❖ This presentation has been prepared by Infinity Lithium Corporation Limited “Infinity Lithium”. This document contains background information about Infinity Lithium current at the date of this presentation. The presentation is in summary form and does not purport to be
Slide 5: Pre-Feasibility Study – Cautionary Statement
Disclaimer Pre-Feasibility Study – Cautionary Statement The Study referred to in this announcement is a preliminary technical and economic investigation of the potential viability of the San José Lithium Project. It is based on low accuracy technical and economic assessments, (+/- 25% accuracy) howe
Slide 6: Lithium Hydroxide Pre-Feasibility Study
INFINITY LITHIUM PROJECT LITHIUM HYDROXIDE PRE-FEASIBILITY STUDY Europe to be the 2nd Lithium production Infinity is a fully 30-year production, with largest market for supported by the integrated project with a total revenues expected to battery grade lithium EU and targeted by low carbon footprint
Slide 7: How Is Europe Placed In The Global Lithium Race?
I. How Is Europe Placed In The Global Lithium Race? 5
Slide 8: The European Lithium-ion Battery Supply Chain
The European Lithium-ion Battery Supply Chain Battery Metals Battery Battery Manufacturing Manufacturing Chain Chain End-Users Lithium Lithium Cathodes Battery Cells & Packs Electric Vehicles Chemical Mining Asian Players Western Players Conversion Consumer Electronics Infinity Lithium’s Integrated
Slide 9: A Multitude Of New Lithium-ion Factories Planned In Europe
A Multitude Of New Lithium-ion Factories Planned In Europe And… A Number of New Lithium-ion Factories Planned in Europe SVOLT Energy Technology plans to build 20 GWh factory in Europe is looking at launching battery production in Europe signed a deal to build a factory that would launch production i
Slide 10: A Number Of Cathode Plants Planned In Europe In The Early 2020s
A Number Of Cathode Plants Planned In Europe In The Early 2020s Northvolt is also planning to build its cathodes in- house after they start their battery factory in Sweden BASF and Norilsk Nickel to cooperate on raw material supply for battery materials production in Europe. BASF intends to invest u
Slide 11: Europe Lithium Import Dependency: 100%
Europe Lithium Import Dependency: 100% Lithium Chemical Supply in 2018 • European Automakers want to de-risk their supply chain • With a looming trade war between the US and China, the world is approaching a new era of protectionist trade policies 29% • Concerns over limited availability of critical
Slide 12: A Fully Integrated European Lithium-ion Battery Supply Chain
A Fully Integrated European Lithium-ion Battery Supply Chain The EU is pushing to have a fully integrated domestic supply chain, from producing EVs all the way back to producing raw materials. What would it mean for domestic lithium demand? European Electric Equivalent Battery Lithium Demand Million
Slide 13: EU New Focus On Strategic Battery Raw Materials
EU New Focus On Strategic Battery Raw Materials The European Union and the European Commission have publicly Replicate the stated that they are willing to support and provide capital to develop Chinese Model lithium production in Europe • Maros Sefcovic - Vice President of the European Commission: “
Slide 14: June 2019 – Speech to the European Investment Bank
June 2019 – Speech to the European Investment Bank: “Without undertaking its own exploration, the EU will have no mining projects This, in turn, means no refineries and, without refining capacity, the EU will Maros Šefčovič continue to be in great part dependent on foreign supplies of high quality V
Slide 15: Developing lithium production in Europe to power a renewable future
II. Developing lithium production in Europe to power a renewable future
Slide 16: Strategically Located in Extremadura, Spain
1. Strategically Located in Extremadura, Spain The San Jose Lithium Project is located approximately 280km west-southwest of Madrid in the region of Extremadura. The Project open pit development is in a narrow valley (Valhondo Valley) directly to the east of the town of Caceres. Madrid San Jose Lith
Slide 17: A Large And Long-Term Asset Supporting EV Growth
2. A Large And Long-Term Asset Supporting EV Growth Second largest lithium resource in the European Union 2 1.6Mt & Largest open pit based project LCE JORC Resource 111.2Mt (Ind. 59Mt, Inf. 52.2Mt), Probable Reserves 77.2Mt LCE: Lithium Carbonate Equivalent To operate for 30 years, including 19 year
Slide 18: San Jose Mineral Resource
2. A Large And Long-Term Asset Supporting EV Growth San Jose Mineral Resource, Reported Above 0.1% Li Cut-off Parameter Amount Li% Li2O Sn Mt (%) ppm Resource: Indicated 59.0 0.29% 0.63 217 Inferred 52.2 0.27% 0.59 193 TOTAL 111.3 0.28% 0.61 206 Estimated using Ordinary Kriging methodology. Note: Sm
Slide 19: A Uniquely Fully Integrated Lithium Project
3. A Uniquely Fully Integrated Lithium Project Hard-rock to dominate lithium production in the future: easier 2017 Source: Canaccord Genuity to operate, lower risk jurisdiction, cheaper to produce lithium 2025 hydroxide Mine Production Capacity Today, majority of lithium hard rock production is expo
Slide 20: Integrated Project Flow Sheet
3. A Uniquely Fully Integrated Lithium Project Mining Strip ratio Ore ROM Beneficiation Kiln Roasting Conversion Total tonnes 0.43:1 Moved feed to (Flotation) Feed (Sulphate) (Hydromet) moved ex pit from pit plant Probable Reserves Stockpiled Hydromet Indicated: 59Mt 0.63% Li2O 100% Recovery 53.3Mt
Slide 21: Processing Plant Layout
3. A Uniquely Fully Integrated Lithium Project A Primary crusher B SAG mill C Beneficiation D Floatation and thickeners E Beneficiation tails F Rotary kiln G Neutralisation and purification B F D A G C K E J I L M H Roast tails H I Purification J Crystallisation columns K Packing and bagging shed L
Slide 22: Processing Route Comparison
3. A Uniquely Fully Integrated Lithium Project Hardrock Beneficiation Ore Spodumene Mica Other Processes Chinese Spodumene Converters Infinity & Others Available 35min 1,100°C $$ Fertilizer $$$ within the Ca2+ K2SO4 EU Roast Roast Roast Fe2+ 20min 840°C Non Hazardous Environmentally Environmentally
Slide 23: Lithium Project Supported by Strong Economics
4. Lithium Project Supported by Strong Economics NPV (10) IRR (pre-tax) Pay back $860M 42% 2.5 years Lithium Hydroxide OPEX at the bottom of the cost curve for OPEX Cost Curve lithium hydroxide at around $5,434/t¹ 2022 $5,434 Source: Cannacord Starting CAPEX at US$268M² with a low capital intensity
Slide 24: Pre-Feasibility Study Summary
4. Lithium Project Supported by Strong Economics INFINITY LITHIUM PROJECT LITHIUM HYDROXIDE PRE-FEASIBILITY STUDY NPV₁₀ Pre-tax US$860M IRR Pre-tax 42.3% Total Revenue From Lithium Hydroxide US$6Bn CAPEX² (Pre-production) US$268M OPEX¹ˑ³ US$5,434/t Capital Intensity $US16K/t Annual Production³ Proje
Slide 25: Lithium Hydroxide Cost Curve
4. Lithium Project Supported by Strong Economics $/t LIOH Lithium Hydroxide Cost Curve (2022, US$/t) 12,000 OPEX 10,000 SAN JOSE $5,434¹ 8,000 6,000 4,000 2,000 0 0 40 80 120 160 200 240 280 Cumulative Production (000t) Source: Canaccord 2019 ¹Average C1 cost over 10 years of production including ra
Slide 26: LiOH Asia Weighted Average Price
4. Lithium Project Supported by Strong Economics LiOH Asia Weighted Average Price 22,000 $14,753/t in July 20,000 18,000 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2,000 - Average Asia Import Price Average Asia Import Price Quarterly Benchmark Minerals LiOH CIF Asia Weighed prices average for lit
Slide 27: A Sustainable, Low Carbon Footprint Operation
5. A Sustainable, Low Carbon Footprint Operation Integrated plant and proximity to end-markets lead to very low transport footprint, reducing CO2 emissions to a minimum Using fertilizer or safe reagents for processing Hard Rock Low water consumption, significantly less than in brine Spain Brine Wate
Slide 28: Carbon Footprint - Lithium
Carbon Footprint - Lithium What is likely to happen when you buy a luxury EV in Europe The lithium inside you car travels more than 50,000km before you even start driving* Lithium Lithium Cathodes Cells Battery Pack EV End Carbonate Hydroxide Customer 7,000Km 18,000Km 400Km 9,700Km 450Km 16,000Km Ch
Slide 29: San Jose Project Timeline
6. San Jose Project Timeline Time Year 1 Year 2 Year 3 PFS Offtake Permitting Financing Specialist Testwork DFS Construction Commission Production Infinity Lithium Corporation 27
Slide 30: Year To Date Lithium Stocks Performances
Year To Date Lithium Stocks Performances ASX Code INF FRA Code 3PM Share Price A$0.07 +28% Shares on Issue 210.46m Market Capitalization A$14.7m Cash A$1.3m(1) +19% LPD Debt Nil +15% INF (1) As at 30th June 2019 -19% EUR Top 20 Shareholders 37.9% -47% LIT -48% GXY Directors & Mgt 3.6% -52% PLS 1st J
Slide 31: Board of Directors & Management
Board of Directors & Management Kevin Tomlinson Ryan Parkin Adrian Byass Vincent Ledoux Pedailles Non Executive Chairman Managing Director/CEO Executive Director Executive Director CA ANZ MSc Geol, Grad BComm BSc Geol Hons, Dip Finance & MA Business Accounting & B. Econ Investment Finance • +30 year
Slide 32: Summary
Summary 1- Infinity is Strategically Located to Support Strong Demand Outlook For Lithium In Europe 2- A Large And Long-Term Asset Supporting EV Growth 3-A Uniquely Fully Integrated Lithium Project 4- San Jose Lithium Project Supported by Strong Economics 5- Sustainable, Low Carbon Footprint Operati
Slide 33: Infinity Lithium
INFINITY LITHIUM Developing lithium production in Europe to power a renewable future 31
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