Patagonia Lithium Limited · ASX:PL3
Patagonia Lithium — Investor Presentation (June 2023)
25 slides from Patagonia Lithium's investor presentation, Jun 9, 2023
Slide 1: Patagonia Lithium Q2 2023 Investor Presentation
For personal use only ASX:PL3 PATAGONIA LITHIUM Q2 2023 Investor Presentation
Slide 2: Disclaimer
Disclaimer For personal use only NATURE OF THIS DOCUMENT FORWARD LOOKING STATEMENTS This presentation has been prepared by Patagonia Lithium Limited (ACN 654 004 403) (Company). The Statements and material contained in this presentation, particularly those regarding possible or assumed future inform
Slide 3: Highlights
Highlights • Geological team completed sampling in May 2023 For personal use only at Formentera Salar with 1,122ppm highest Lithium assay* *See ASX announcement “Sampling at Formentera and Cilon Assays 1,122ppm Lithium” on 2 June 2023. • Raised $8.6m (before costs) with 58.565m shares on issue – mar
Slide 4: Project Overview
Project Overview For personal use only Formentera Project Cilon Project Tomas III Project • The Formentera Project is the • The Cilon Project is adjacent to Both projects have submitted: • 571 hectares (5.71 km2) and is Company’s flagship project. the Formentera Project. • Environmental Impact locat
Slide 5: Board of Directors
Board of Directors For personal use only Mr Phillip Thomas Mr Gino D’Anna Mr Paul Boyatzis Technical Support Executive Chairman Non-Executive Director Non-Executive Director Team Argentina • Phillip has more than 20 years’ experience • Paul has over 35 years' experience in the In Argentina we have t
Slide 6: Top Shareholders & Capital Structure
Patagonia Lithium Ltd - Top Shareholders & Capital Structure For personal use only Shareholder Name Shares held at 3 June 2023 % Capital Structure 1 10 Bolivianos Pty Ltd 10,389,383 17.74% Shares on issue at date of replacement Prospectus 15,440,000 2 Fuyang Mingjin New Energy Development Co Ltd 10,
Slide 7: Location Map of Cilon and Formentera near Jama Salar and Cauchari
Location Map of Cilon and Formentera near Jama Salar and Cauchari For personal use only Cauchari/Olaroz salar ASX:LKE Major explorers Infrastructure – gas ASX:PL3 and producers pipeline, main such as Allkem, highways (sealed Lake Resources, town of Jama is Litica Resources closeby on Jama Salar are
Slide 8: Latam Brine concentration vs Resource
Latam Brine concentration vs Resource For personal use only Patagonia has no resource estimate but target based on 1725 Has Sampling results – highest was 1008ppm -1122ppm Lithium Note – log scale Referenced from Pursuit Minerals and Lake Resources Kachi Presentations 8
Slide 9: Sub surface sampling at Formentera/Cilon assays 1122 and 8 ppm Lithium
Sub surface sampling at Formentera/Cilon assays 1122 and 1008 ppm Lithium SGS del Argentina S.A. See ASX announcement “Sampling at Formentera and Cilon Division Laboratorio. Assays 1,122ppm Lithium” on 2 June 2023. For personal use only Environmental - Salta Order: SA23-00184 Cliente: PATAGONIA LITH
Slide 10: Formentera and Cilon Projects (Paso Salar)
Formentera and Cilon Projects (Paso Salar) For personal use only Picture of Formentera and Cilon looking west Rainfall per year isohyet contour showing 50mm in yellow covers Formentera and Jama salars where it only rains in Jan Feb about 3mm. 10
Slide 11: Formentera/Cilon Projects
Formentera/Cilon Projects For personal use only • The Cilon concession area is located on the southern boundary of Formentera. 199 hectares and located in an area dominated by clastic and saline sedimentation. • The Cilon Project includes an exploration application lodged in the Susques department,
Slide 12: Patagonia Lithium - MT Geophysics Lines
Patagonia Lithium - MT Geophysics Lines For personal use only Southern Rock Geophysics are conducting magnetotelleric geophysics surveys to identify geological units at depth with low resistivity that will provide a basis for our rotary and diamond drill program – green line shows progress at 8 Jun
Slide 13: Tomas III Project
Tomas III Project For personal use only ASX:AKE • The concession area is approximately 571.5 hectares and is located in an area dominated by volcanics and sits about 300-600m above the surface of the salar. ASX:PNN • Includes an exploration licence application in the Tolar Grande Gangfeng Lithium de
Slide 14: Tomas III Project – Salta province – MT geophysics lines
Tomas III Project – Salta province – MT geophysics lines For personal use only Incahuasi Salar 1Km Concession Map of Tomas III, with geophysics lines in green Sections of both MT lines at Tomas III showing low resistivity in red 14
Slide 15: MT Geophysics at Tomas III – low resistivity unit
MT Geophysics at Tomas III – low resistivity unit means conductor layer – lithium brines may be present in the aquifer – drilling is next step For personal use only The MT survey was able to penetrate down to 4000m And shows an anticline unit about 500m below the Surface, which has impacted the detr
Slide 16: 12-month Exploration Program at Formentera/Cilon and Tomas III
12-month Exploration Program at Formentera/Cilon and Tomas III For personal use only 16
Slide 17: ASX-listed explorers in Argentina's Lithium Triangle
ASX-listed explorers in Argentina's Lithium Triangle For personal use only Allkem Ltd ASX:AKE Lake Resources Ltd ASX:LKE Lithium Energy Ltd ASX:LEL Galan Lithium Ltd ASX:GLN Patagonia Lithium Formentera and Cilon Projects Power Minerals Ltd ASX:PNN 400km Patagonia Lithium Ltd ASX:PL3 Map includes ot
Slide 18: Global lithium-ion battery market growth
"The global lithium-ion battery market size is projected to grow For personal use only from USD 41.1 billion in 2021 to USD 116.6 billion by 2030; it is expected to grow at a CAGR of 12.3% from 2021 to 2030." - Business Wire, A Berkshire Hathaway Company 18
Slide 19: Global Highlights 2018-2030
Global Highlights 2018-2030 For personal use only • EV sales during 2022 were over 10.2 million units, a 65% YoY growth. • EV’s accounted for over 14% of the world’s passenger vehicle sales in 2022, compared to 9% in 2021. • 7 out of the top 10 EV models in Q4 2022 were from Chinese brands. • Tesla
Slide 20: Lithium Carbonate Spot Price (Dec 2021 - Present) CNY
Lithium Carbonate Spot Price (Dec 2021 - Present) CNY Lithium carbonate prices were at the CNY For personal use only 300,000 per tonne level in late May, the highest since March and holding the sharp rebound from the 19-month low of CNY 165,500 from April 24th amid a recovery in demand for electric
Slide 21: Gigafactories are lowering production costs and increasing demand
Gigafactories are lowering production costs and increasing For personal use only demand - supercharging the Li-Ion battery revolution and demand According to Albemarle, the largest lithium producer in the world, the lithium demand is anticipated to increase by 600% from 2019 to 2025 in the EV market
Slide 22: Share of zero-emission vehicle sales by segment
Share of zero-emission vehicle sales by segment: Economic Transition Scenario and Net Zero Scenarios For personal use only According to BloombergNEF, EV sales are surging due to a combination of policy support, improvements in battery technology and cost, more charging infrastructure being built, an
Slide 23: Lithium Supply Outlook (2020-2030)
Lithium Supply Outlook (2020-2030) For personal use only "As EV growth is set to accelerate, we expect lithium demand to triple from current levels to 1mt LCE (lithium carbonate equivalent) by 2025. Beyond this, we estimate that lithium needs will further increase to 1.8mt LCE by 2030, although we f
Slide 24: Argentina is poised for a boom in Lithium exports
Argentina is poised for a boom in Lithium exports For personal use only Lithium export value in Argentina from 2010 to 2021 (in million USD) Argentina's production of lithium carbonate is expected to more than double by 2023 and hit 175,000 metric tonnes by 2025, according to forecasts from the coun
Slide 25: Patagonia Lithium contact details
PATAGONIA LITHIUM For personal use only www.patagonialithium.com.au For further information please contact the authorising officer: Phillip Thomas Executive Chairman Patagonia Lithium Ltd M: +61 433 747 380 E: phil@patagonialithium.com.au 9 June 2023 Patagonia Lithium Ltd ACN 654 004 403 Level 6, 50
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