Lithium Energy Ltd. · ASX:LEL
Lithium Energy — Critical Minerals & Energy Investment Conference 2023
30 slides from Lithium Energy's conference presentation, Sep 20, 2023
Slide 1: Market Announcement: Presentation at Critical Minerals & Energy Investment Conference
Wednesday, 20 September 2023 ASX Code: LEL MARKET ANNOUNCEMENT Presentation at Critical Minerals & Energy Investment Conference Lithium Energy Limited (ASX:LEL) (Lithium Energy or the Company) is pleased to announce its participation at Critical Minerals & Energy Investment Conference, held on 20 an
Slide 2: Uniquely positioned and ready for the global energy transformation
Uniquely positioned and ready for the global energy transformation INVESTOR PRESENTATION SEPTEMBER 2023 ASX:LEL
Slide 3: Unique investment exposure to lithium and graphite
LEL offers unique investment exposure to the two most important ingredients for Lithium-ion batteries LITHIUM GRAPHITE QUEENSLAND ARGENTINA ASX:LEL 2
Slide 4: Why Lithium & Graphite
4,000 KT 72,000,000 WHY LITHIUM & GRAPHITE LCE 678 KT 2022 2030 Growth in electric 50 KG LITHIUM CARBONATE 7,210 KT vehicle (EV) sales is 10,000,000 EQUIVALENT (LCE) leading to substantial 2022 2030 450 KG increase in demand 50 KG GRAPHITE GRAPHITE TYPICAL 60 KWH 1,110 KT EV BATTERY 2022 2030 GLOBAL
Slide 5: Solaroz Lithium Brine Project
LITHIUM SOLAROZ LITHIUM BRINE PROJECT Located in the prolific ‘Lithium Triangle’ in Argentina Solaroz Lithium Brine Project • World’s largest reserves of lithium are found in the Lithium Triangle. • Argentina is the world’s 3rd largest producer of lithium after Australia and Chile. • Lithium brine p
Slide 6: Lithium brine is key for future sustainable supply
LITHIUM LITHIUM BRINE IS KEY FOR FUTURE SUSTAINABLE SUPPLY Brine processing uses less carbon and less water than hard rock lithium sources • Lower carbon emissions Lithium carbonate produced from brine typically has less than 1/3 the carbon intensity (CO2 emissions) of equivalent lithium chemicals p
Slide 7: Only companies control the majority of lithium rights in Olaroz Salar
LITHIUM Only 3 companies control the majority of lithium rights in Olaroz Salar OLAROZ SALAR Allkem Lithium Americas LEL ASX/TSX:AKE TSX:LAC ASX:LEL (BASIN) LEL is extremely well positioned in a prime Olaroz Salar dimensions are ~30km long by ~15km wide lithium basin ~45,000 hectares with LEL holdin
Slide 8: Olaroz Salar
LITHIUM OLAROZ SALAR Home of Significant Lithium Production Allkem 66.5% Lithium Americas 44.8% LEL 90% JV partnership with Toyota JV partnership with JV partnership with Tsusho (TTC) & JEMSE Gangfeng Lithium & JEMSE Argentina-registered Argentina Argentina Hanaq SA Production DFS: In Construction S
Slide 9: Solaroz Mineral Resource Estimate
LITHIUM SOLAROZ MINERAL RESOURCE ESTIMATE Significant and strategic resource • JORC Inferred MRE of 3.3Mt of LCE. • Contains high-grade core of 1.34Mt of LCE with an average concentration of 405 mg/l lithium. Solaroz drilling highlights (note SOZDD007 results are “to date” as drilling is ongoing) •
Slide 10: Solaroz already holds a significant lithium resource
LITHIUM SOLAROZ ALREADY HOLDS A SIGNIFICANT LITHIUM RESOURCE Solaroz holds more contained lithium than 100Mt of spodumene grading 1.3% Li2O Solaroz Hard Rock MT 3.5 3.3 MT 3.0 120 100 2.5 100 2.0 80 MT 1.5 1.5 1.3 60 1.0 1.0 40 0.62 0.60 0.5 0.5 20 0.62Mt Li vs 0.60Mt Li 0.0 0.0 0 LCE Li Li Li2O Ore
Slide 11: Solaroz has excellent neighbours and location
LITHIUM SOLAROZ HAS EXCELLENT NEIGHBOURS AND LOCATION • Brine production potential confirmed by existing production from Allkem’s Olaroz Lithium Facility as a low cost, high margin producer of Lithium Carbonate from the Olaroz Salar. • LAC first production from Olaroz-Cauchari Project ramping up in
Slide 12: Solaroz has excellent brine chemistry
LITHIUM SOLAROZ HAS EXCELLENT BRINE CHEMISTRY Solaroz brine is similar to Allkem and LAC • Solaroz brine assays confirm chemistry is similar to that of Salar neighbours Allkem and Lithium Americas. • Reported low Mg/Li ratio and low impurities plus positive specific yield and porosity characteristic
Slide 13: Ponds or DLE?
LITHIUM Evaporation Ponds Allkem and Lithium Americas have demonstrated the Olaroz Salar supports Brine Evaporation. PONDS OR DLE? 12,000ha Solaroz landholding could support ponds of similar scale to Allkem and Lithium Solaroz can take Americas. advantage of alternative development pathways Lithium
Slide 14: The Solaroz Team
LITHIUM THE SOLAROZ TEAM Lithium Energy has already assembled an experienced technical team on site in Argentina ASX:LEL 13
Slide 15: Solaroz Project Next Steps
LITHIUM SOLAROZ PROJECT NEXT STEPS Accelerate discussions Continue to build local Advance technical and Develop and expand with potential strategic capability - local office already economic evaluation of significant lithium partners established with 20+ staff development options resource of scale S
Slide 16: Graphite: Burke Graphite Project
LITHIUM GRAPHITE Burke Graphite Project ASX:LEL 15
Slide 17: Burke Graphite Project
GRAPHITE BURKE GRAPHITE PROJECT Building supply of Australian Purified Spherical Graphite (PSG) • Graphite is a key battery anode material: Natural graphite PSG comprises 45-55% of Li-ion battery anode. • Supportive jurisdiction: Australia has strong technical capabilities and Government initiatives
Slide 18: Purified Spherical Graphite (PSG)
GRAPHITE PURIFIED SPHERICAL GRAPHITE (PSG) Strong outlook for graphite demand and pricing • Natural graphite flake prices forecast to rise significantly in next 10 years, driven by EV battery sector. • 97 new graphite mines required by 2035 to meet demand. • Diversification of supply from China: cur
Slide 19: Purified Spherical Graphite (PSG): vertically integrated facility
GRAPHITE PURIFIED SPHERICAL GRAPHITE (PSG) Developing a vertically integrated manufacturing facility • Pre-Feasibility Study in progress to assess potential development of a Vertically Integrated Manufacturing Facility for PSG in Queensland, Australia. • Excellent PSG flake concentration results: +9
Slide 20: Burke Graphite Deposit
GRAPHITE BURKE GRAPHITE DEPOSIT One of the world’s highest-grade deposits of flake graphite • JORC Total Indicated and Inferred Mineral Resource of 9.1Mt @ 14.4% Total Graphitic Carbon (TGC) for 1.3Mt of contained graphite (at 5% TGC cut-off grade). – Within mineralisation envelope, there is a highe
Slide 21: Corella Graphite Deposit
GRAPHITE CORELLA GRAPHITE DEPOSIT Potential additional feedstock for Burke PSG Plant • JORC Inferred Mineral Resource Estimate 13.5Mt at 9.5% DDH1 Drill Rig at Corella Tenement TGC for 1.3Mt contained graphite (at a 5% TGC cut-off grade): − High-grade area within the mineralisation envelope, Inferre
Slide 22: Burke Graphite Project Next Steps
GRAPHITE BURKE GRAPHITE PROJECT NEXT STEPS Pre-Feasibility Study Extensive metallurgical Confirmed standard floatation Bulk concentrate of +95% TGC underway to develop testwork program processes achieved concentrates achieved to provide feed material pathway for PSG nearing completion. grades >96% T
Slide 23: Corporate Overview
CORPORATE OVERVIEW Lithium Energy Limited (ASX:LEL) Fully Paid Ordinary Shares 103,010,000 Options (Exercise Prices: $0.30, $0.935, $1.06, $1.32, $1.39, $1.50, $1.595) 36,500,000 Market Capitalisation (@ $0.615) (as at 18 Sept 2023) $63.4 Million Cash (as at 30 June 2023) $8.9 Million ASX:LEL 22
Slide 24: Highly Experienced Team
Highly Experienced Team Strong leadership, technical and commercial experience William Johnson Executive Chairman Victor Ho Company Secretary & CFO Raúl Di Lena Ho GM Solaroz S.A. BCom, LLB (Western Australia), CTA BCom, LLB (Western Australia), CTA MA (Oxon), MBA, MAICD • Masters degree in Engineer
Slide 25: Lithium Graphite Summary
Lithium Graphite Summary 72,000,000 • Significant JORC Mineral • Total Graphite Inventory Lithium Energy is Resource of 3.3Mt of LCE across two deposits of uniquely positioned to confirms world class potential 2.6Mt contained graphite. of Solaroz. take advantage of the • Burke Graphite showing forec
Slide 26: Solaroz Lithium Brine Project
LITHIUM SOLAROZ LITHIUM BRINE PROJECT Solaroz JORC Inferred Mineral Resource Estimate Sediment Units Specific Yield % Brine volume m3 Litres Li mg/l Li grams Li Tonnes LCE Tonnes Volume m3 A (Upper Aquifer) 8,290,800,000 13.0 1,077,804,000 1,077,804,000,000 255 274,840,020,000 274,840 1,460,000 B (H
Slide 27: Burke Graphite Project
LITHIUM BURKE GRAPHITE PROJECT Burke Deposit Mineral Resource Estimate Contained Notes: Weathering Resource Total Graphitic Mineral Resource Category Graphite (a) Mineral Resource estimates are constrained by the mineralisation solids and reported above a cut-off grade of 5% TGC; State (Mt) Carbon (
Slide 28: About This Document
ABOUT THIS DOCUMENT This document has been prepared by Lithium Energy Limited (the "Company” or “LEL”). No representation, expressed or implied, or warranty as to the accuracy or completeness of the information contained herein is made by any party and nothing contained herein shall be relied upon a
Slide 29: JORC Code Competent Persons' Statements
JORC CODE COMPETENT PERSONS’ STATEMENTS (1) The information in this document that relates to Mineral Resources (and the interpretation and reporting of Exploration Results related thereto) in relation to the Solaroz Lithium Brine Project is extracted from the following ASX market announcements made
Slide 30: Lithium Energy Powering the Future
Lithium Energy Powering the Future Australia www.lithiumenergy.com.au William Johnson Executive Chairman Lithium Energy Limited Tel: +61 8 9214 9737 Mob: +61 419 047 460 wjohnson@lithiumenergy.com.au ASX:LEL 29
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