Pls Group Limited · ASX:PLS
Pls — Pilbara Minerals — 15th Fastmarkets Lithium Supply and Battery Raw Materials Americas (June 2023)
27 slides from Pls's conference presentation, Jun 20, 2023
Slide 1: Growing a major lithium materials business
Growing a major For personal use only lithium materials business Dale Henderson Managing Director and Chief Executive Officer ASX: PLS Tuesday 20 June 2023 15th Fastmarkets Lithium Supply and Battery Raw Materials Americas
Slide 2: Important notices
Important notices This document has been prepared by Pilbara Minerals Limited (“Pilbara” or “Pilbara Minerals” or the “Company”) and is dated Tuesday 20 June 2023. Not an offer of securities This document is provided for informational purposes and does not constitute or contain an offer, invitation,
Slide 3: Important notices
Important notices Important Information regarding Mineral Resources, Ore Reserves and P680 and P1000 Projects Information in this presentation regarding expansions in nameplate capacity of the Pilgan Plant in respect of the P680 and P1000 projects are underpinned by the Company’s existing Ore Reserv
Slide 4: Pilbara Minerals
Pilbara Minerals 580,000 tpa ASX 50 I Largest, independently owned, hard-rock nameplate processing For personal use only lithium company in the world capacity (current)1 $14.6Bn market capitalisation2 $2.7Bn cash balance3 1. Assumed product grade of SC5.7% 2. As at 14 June 2023 3. As at 30 March 202
Slide 5: Major Australian operation
Major Australian operation One of the few major hard-rock lithium producers globally For personal use only Two plants 25 + years 1 in operation mine life 159 Mt 2 +70% 3 at 1.2% Li2O Ore Reserve increase in production under construction 1. The 25 year life of mine and ore mined referenced is from 1
Slide 6: Globally significant lithium resource
Globally significant lithium resource Global hard-rock lithium landscape1 (bubble size represents Resource LCE) For personal use only 2.0% Development & Exploration Production 1.8% Mt Marion Greenbushes 1.6% Finniss 1.4% Li2O grade (%) Mt Cattlin 1.2% Bikita Kings Mountain North American Lithium Pil
Slide 7: A major lithium materials supplier
A major lithium materials supplier 8% Pilbara Minerals For personal use only 13% Pilbara Minerals Total estimated 1.1 Mt LCE Total estimated 0.6 Mt LCE Total supply (hard-rock and brine) Total supply (hard-rock) Estimated global mined lithium supply by corporate Estimated global mineral lithium supp
Slide 8: Global spodumene production capacity
Global spodumene production capacity For personal use only Spodumene production capacity vs peers1 Production Post ramp up of the P1000 expansion, Pilgangoora 1,000 Development and exploration is expected to be the second largest producing hard rock lithium mine in the world, with Spodumene concentr
Slide 9: Our Strategy
For personal use only Our Strategy 9
Slide 10: To be a leader in the provision of sustainable battery materials products
For personal use only Operate Deliver our operating performance commitments To be a leader Grow Achieve the full potential of the Pilgangoora asset in the provision of sustainable battery materials products Chemicals Extract greater value along the battery materials supply chain Diversify Diversify
Slide 11: Operate
For personal use only Operate 11
Slide 12: Strong production increases
Strong production increases Successful production growth year on year For personal use only 610-6201 378 ~250% growth in production (kdmt) 281 since FY2019 175 91 FY2019 FY2020 FY2021 FY2022 FY2023 1. Based on FY23 Guidance – refer ASX Announcement FY2023 Half Year Results. 12
Slide 13: Strong financial performance
Strong financial performance Strong production and operating margin supporting healthy cash balance For personal use only 3,000 2,500 $2.7Bn cash balance 2,000 after $330M interim dividend payment ($M) 1,500 $M 1,000 500 0 Sep-20 Dec-20 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23
Slide 14: Sustainability
Sustainability Focused on making a positive contribution, Community investment minimising our impact and maximising opportunities For personal use only multi-year partnerships with Earbus Foundation, Smith Family and Teach, Learn, Grow Climate change 6MW solar farm energised and supplying power to o
Slide 15: Grow
For personal use only Grow 15
Slide 16: Spodumene concentrate production
Spodumene concentrate production Rapid production growth continuing with construction on track For personal use only Production Expanded nameplate capacity >10003 ~ 70% 3 successful exploration, studies and approvals4 Future expansion potential subject to FID made construction to commence 6802 incre
Slide 17: Expansions to increase nameplate production
Expansions to increase nameplate production For personal use only P680 – under construction P1000 – long lead equipment ordered Pilgan Plant schematic - primary rejection 3D design model (existing plant Pilgan Plant schematic i) existing plant infrastructure in dark grey infrastructure in greyscale)
Slide 18: Chemicals
For personal use only Chemicals 18
Slide 19: Chemicals
Chemicals Strategically positioned to integrate further downstream and increase the captured value across For personal use only the lithium supply chain Midstream project Downstream partnership has the potential to reduce integrates Pilbara Minerals in the carbon emissions and T lithium materials su
Slide 20: Current JV - POSCO Pilbara Minerals Solutions
Current JV - POSCO Pilbara Minerals Solutions Becoming a globally significant lithium chemicals producer For personal use only Estimated Ex China LiOH nameplate production capacity by operator, CY26 120 100 80 (LCE kt) 60 40 20 0 Albemarle SQM Halmek Covalent TLEA P-PLS JV Piedmont Lithium Livent Ke
Slide 21: Strategic partnering process
Strategic partnering process Opportunity to access to lithium raw materials from a world-class deposit Partnership For personal use only opportunity to partner with Pilbara on downstream lithium conversion facility in a mutually agreed location Long-term lithium supply up to 300,000 tpa spodumene co
Slide 22: Market
For personal use only Market 22
Slide 23: Lithium deficit
Lithium deficit 7 For personal use only 6 Expected deficit Potential in lithium by 2040 is the Secondary equivalent of 13 - 21 5 Operational Demand 4 (LCE Mt) 1 3 Pilgangooras dependent on potential supply coming online 2 1 - 2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036 2038 2040 Source: B
Slide 24: Thank you
For personal use only Thank you Follow us on pilbaraminerals.com.au ASX: PLS 24
Slide 25: Appendices
For personal use only Appendices Follow us on pilbaraminerals.com.au ASX: PLS 25
Slide 26: Appendix A - Supporting data: Hard-rock Mineral Resources
For personal use only Appendix A (slide 6) - Supporting data: Hard-rock Mineral Resources Source: Company filings as at 12 June 2023. Note: Figures are rounded. Reported on a 100% asset basis. 1. Ranked by contained LCE. 2. Company reporting the Mineral Resource; 3. Li2O converted to LCE using a fac
Slide 27: Appendix B - Supporting data: Spodumene production capacity
For personal use only Appendix B (slide 8) - Supporting data: Spodumene production capacity Source: Company filings as at 12 June 2023. Note: Current installed production capacity and where not available, annual production. Where an existing producer, developer, explorer has planned expansions and a