Lake Resources N.l. · ASX:LKE
Lake Resources N.l — Noosa Mining Investor Conference 2025
17 slides from Lake Resources N.l's conference presentation, Nov 11, 2025
Slide 1: Noosa Mining Investor Conference
Noosa Mining Investor Conference For personal use only Presenter: Stu Crow, Non-Executive Chairman 12-14 November 2025
Slide 2: Disclaimers
Disclaimers General Statement and Cautionary Statement This presentation has been prepared by Lake Resources N.L. (Lake) for information purposes and not any particular party. The information in this presentation is based upon public information and internally developed data and For personal use onl
Slide 3: About Lake Resources
About Lake Resources Developing a world class global lithium asset in Argentina – the largest, independent development project across the lithium triangle with significant expansion potential For personal use only Kachi Project1 Highlights Location Catamarca Province, Argentina Strong commitment t
Slide 4: Major Milestones Achieved in 2025
Major Milestones Achieved in 2025 De-Risking Kachi Through Strategic Advancement For personal use only Completed JORC Update Increased Total Ore Reserve Statement Kachi Phase One Resource To Confirmed Lithium Grade Of DFS Addendum 1 11.1Mt LCE 2 268 mg/L 3 Completed Continue To Engage With Power Sup
Slide 5: Kachi Project Phase One DFS Addendum
Kachi Project Phase One DFS Addendum Transformational Project Improvements: Significantly Enhanced Economics & Operational Efficiencies1 For personal use only US$ 1.16B US$ 5,895/t US$ 1.5B 22.5% 249mg/L Capex Opex Pre-Tax NPV10 Pre-Tax IRR Plant Design Basis Resource Excellence & De-risking Technol
Slide 6: Lilac DLE Technology Update – Gen 5 Ion Exchange
Lilac DLE Technology Update – Gen 5 Ion Exchange Higher performance than any competing DLE technology featuring lower costs with first quartile economics For personal use only Lilac Solutions has developed Gen 5 lithium extraction technology that significantly outperforms conventional methods and
Slide 7: Kachi Exploitation Environmental Impact Assessment
Kachi Exploitation Environmental Impact Assessment Kachi has undergone a rigorous permitting process and has been optimized through multiple studies For personal use only Lake continues to advance the Exploitation EIA approval process in close coordination with the Catamarca Environmental and Mini
Slide 8: Argentina Macro and Political Update
Argentina Macro and Political Update President Milei's reform agenda received strong voter endorsement in October midterm elections, securing his ability to continue fiscal discipline and austerity policies For personal use only Events Summary Implications for Lake Macroeconomic • 2.08% Monthly Infl
Slide 9: Lithium Price Volatility in 2025
Lithium Price Volatility in 2025 Q3 2025 witnessed extraordinary volatility driven by a strong news cycle fueling supply uncertainty For personal use only Battery Grade Lithium Carbonate Price Forecasts Lithium Carbonate (Li2CO3 EXW China, BG)1 $/kg LCE Latest Price (5 Nov) $11,025 20 19.0 Benchmark
Slide 10: Lithium Market Demand Outlook
Lithium Market Demand Outlook Lithium demand expected to double between 2025 and 2035, driven by continued strong EV demand in Asia and Europe, Middle East BESS boom and additional policy actions For personal use only However, significant demand growth is anticipated to induce market shortfall begin
Slide 11: Lake Resources Financial Highlights Q3 2025
Lake Resources Financial Highlights Q3 2025 Strong Balance Sheet and Disciplined Capital Management For personal use only Financial Position & Liquidity Cost Management Cash position of A$18.0M at 30 September 2025 Expected ~40% reduction in 2025 cash expenditures with zero debt vs. 2024, exceed
Slide 12: Lake Resources Strategic Priorities
Lake Resources Strategic Priorities Key areas of focus beyond 2025 For personal use only o Obtain EIA Approval o Continue to optimize technical and commercial power solutions o Engage with Offtake and Strategic Partners o Work towards FID o Continue to optimize cost structure and extend financial ru
Slide 13: Lake Resources Leadership Team
Lake Resources Leadership Team Board of Directors Experienced, well- credentialed and highly For personal use only motivated leadership team ready to deliver on Lake’s strategy and accelerate the Company’s next phase of Kachi Stu Crow Robert Trzebski David Dickson development Non-Executive Chairman
Slide 14: Thank You
For personal use only Thank You
Slide 15: Appendix
For personal use only Appendix
Slide 16: Mineral Resource Estimate Table
Mineral Resource Estimate Table Measured May 2025 (to 600 m depth) Inferred May 2025 Sediment Specific Brine Li Li Li Tonnes Sediment Specific Brine Li Li Li Tonnes 3 3 3 3 Unit Volume (m ) Yield % Volume (m ) Liters (mg/l) (Grams) (Tonnes) LCE Unit Volume (m ) Yield % Volume (m ) Liters (mg/l) (Gra
Slide 17: Reserve Statement
Reserve Statement Reserve Statement For personal use only Lithium LCE Average Lithium Reserve Category Years (Tonnes) (Tonnes) (mg/L) Proved 1 4,390 23,310 270 Proved 2–7 28,360 150,850 270 Probable 8 – 25 85,060 452,540 267 Total 1 – 25 117,810 626,760 Note: This table has been directly extracted f
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