Galan Lithium Limited · ASX:GLN
Galan Lithium — Investor Presentation (September 2020)
22 slides from Galan Lithium's investor presentation, September 2020
Slide 1: Developing High-Grade Lithium Brine Projects in Argentina
ASX:GLN DEVELOPING HIGH-GRADE LITHIUM BRINE PROJECTS IN ARGENTINA September 2020
Slide 2: Disclaimer and Important Information
DISCLAIMER AND IMPORTANT INFORMATION
Slide 3: Galan Lithium Limited Investment Foundations
GALAN LITHIUM LIMITED INVESTMENT FOUNDATIONS. ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓
Slide 4: A Significant Investment Opportunity – The Right Place
A SIGNIFICANT INVESTMENT OPPORTUNITY – THE RIGHT PLACE
Slide 5: Galan - Placed Among the Best Projects in Argentina
GALAN - PLACED AMONG THE BEST PROJECTS IN ARGENTINA High grade/Low impurity brines setting Source: iLi Markets, refer to Appendix 3 for published resources details Nb: No resources figures publicly available for Livent’s Fenix operation
Slide 6: Galan - Placed Among the Best Projects in Argentina
GALAN - PLACED AMONG THE BEST PROJECTS IN ARGENTINA Low impurity brines setting Source: iLi Markets, refer to Appendix 3 published resources details Nb: No resources figures publicly available for Livent’s Fenix operation
Slide 7: Carbon Footprint – Cradle to Gate
CARBON FOOTPRINT – CRADLE TO GATE Lithium brines - The lowest carbon footprint Source: SQM Benchmark World Tour West June 2020
Slide 8: Energy Footprint – Cradle to Gate
ENERGY FOOTPRINT- CRADLE TO GATE Lithium brines – with the lowest energy footprint Source: SQM Benchmark World Tour West June 2020
Slide 9: Corporate Structure
CORPORATE STRUCTURE Capital Structure Performance Shares GLN Shares Shares 182,351,978 Vendor Class B Upon the commencement of commercial production from a 10,000,000 Unquoted Options 4,000,000 Options exercisable $0.3438, 11 June 2021 pilot plant 150,000 Options exercisable $0.20, 31 October 2022 2
Slide 10: Highly Experienced Board
HIGHLY EXPERIENCED BOARD An experienced A Chilean/Australian A civil industrial engineer A mining executive with corporate lawyer who mineral industry Mr Jimenez has worked 13 years experience in has extensive board and professional with 15 for world leader in the the resources sector. operational e
Slide 11: Hombre Muerto: Tier Location Worldwide for Li Brines
HOMBRE MUERTO: TIER 1 LOCATION WORLDWIDE FOR Li Northern Sal de Vida Market Cap: ~US$16bn BRINES Fenix Operation Market Cap: ~US$1.1bn Sal de Vida Market Cap: ~A$415m Candelas project Market Cap: ~A$24m
Slide 12: Hombre Muerto West (HMW) Resource Update
HOMBRE MUERTO WEST (HMW) RESOURCE UPDATE HMW ZONE 1.37Mt LCE @ 946 mg/l Li Resource Li LCE K K KCI Category (mg/l) (t) (mg/l) (t) (t) HOMBRE MUERTO WEST (HWM) Indicated 946 1,372,466 8,733 2,380,299 4,539,231 nb; Reported at zero cut-off grade
Slide 13: HMW & Candelas – Strong Brine Concentration Results
HMW & CANDELAS – STRONG BRINE CONCENTRATION RESULTS Comparative table of new developing lithium brine projects Ponds Area Li Recovery Production Project Ratio(2) (Ponds (LCE t per Source (Company) (1) (LCE t/ ha) year) System) per year Hombre Muerto to be defined Announcement, 24 Up to 75% (3) Up to
Slide 14: HMW – Indication of Sufficient Space for Evaporation
HMW – INDICATION OF SUFFICIENT SPACE FOR EVAPORATION Source: Intrepid Potash, US
Slide 15: Achievements and Indicative Next Steps
ACHIEVEMENTS AND INDICATIVE NEXT STEPS Tasks CY2018 CY 2019 CY 2020 CY 2021 CANDELAS Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Geophysics & mapping Drilling Permits Drilling JORC Resource HMW Drilling Permits Drilling JORC Resource / Update STUDIES Scoping & PFS Pilot Plant Permits Pilot Plant
Slide 16: Argentina – A Pro-Mining & Investment Destination
ARGENTINA – A PRO-MINING & INVESTMENT DESTINATION From left to right and attending the 2019 IMARC conference in Melbourne: Mr. Raul Jalil (newly elected Governor of Catamarca), Ms Lucia Corpacci (current Governor of Catamarca), GLN’s Managing Director Mr. JP Vargas de la Vega and the Mines Minister
Slide 17: Galan Lithium Limited Investment Foundations
GALAN LITHIUM LIMITED INVESTMENT FOUNDATIONS ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓
Slide 18: Fast Tracking to Lithium Carbonate Production in South America's Lithium Triangle
FAST TRACKING TO LITHIUM CARBONATE PRODUCTION IN SOUTH AMERICA’S LITHIUM TRIANGLE Level 3, 30 Richardson Street, West Perth, WA 6005 PO Box 396, West Perth, WA, 6872 Ph. +61 8 9322 6283 Fax. +61 8 9322 6398 www.galanlithium.com.au ASX:GLN Email: jp@galanlithium.com.au
Slide 19: Market Cost Curve – Lithium Supply Fundamentals
APPENDIX 1 MARKET COST CURVE – LITHIUM SUPPY FUNDAMENTALS Source: CRU
Slide 20: South American Brines – Simplified Model
APPENDIX 2 SOUTH AMERICAN BRINES – SIMPLIFIED MODEL Strong Competitive Advantage to Produce Lithium Carbonate at ~USD6/kg LCE (Capex included) SC: Spodumene concentrate LC :lithium carbonate LH: Lithium hydroxide Source: iLi Markets
Slide 21: …and, Remains Competitive
…and, REMAINS COMPETITIVE Even when producing Lithium Hydroxide at ~USD8/kg LCE (Capex included) SC: Spodumene concentrate LC :lithium carbonate LH: Lithium hydroxide Source: iLi Markets
Slide 22: Appendix 3 Comparative Company Brine Resources Table
APPENDIX 3 COMPARATIVE COMPANY BRINE RESOURCES TABLE
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