Vulcan Energy Resources Ltd. · ASX:VUL
Vulcan Energy Resources — Investor Presentation (December 2019)
24 slides from Vulcan Energy Resources's investor presentation, Dec 4, 2019
Slide 1: December 2019 Project Update
For personal use only December 2019 Project Update ASX: VUL FRA: 6KO Corporate Presentation Oct-Nov 2019
Slide 2: Disclaimer
Disclaimer For personal use only The information contained in this presentation has been prepared by Vulcan Energy Resources Ltd. This presentation is not an offer, invitation, solicitation or other recommendation with respect to the subscription for, purchase or sale of any securities in VUL. This
Slide 3: World-Class, 2020s-Ready Lithium Project
World-Class, 2020s-Ready Lithium Project For personal use only World’s First & Only Zero-Carbon Lithium™ Process Co-generation of geothermal energy from production wells will power lithium extraction. Unique process will satisfy EU requirement for ISO-compliant, zero carbon Electric Vehicle (EV) raw
Slide 4: Unprecedented Demand for Lithium in Europe - The Next China?
Unprecedented Demand for Lithium in Europe - The Next China? For personal use only China Lithium-Ion Battery European Lithium-Ion Battery Cell Cell Production to 2018 Production Forecast to 2028 2028 304 GWh 2018 50 GWh 2017 30 GWh 2023 2016 143 GWh 20 GWh 2018 20 GWh Source: Adapted from Ministry o
Slide 5: Unprecedented Demand for Zero Carbon Lithium Sources
Unprecedented Demand for Zero Carbon Lithium Sources For personal use only EV raw material supply chains have a carbon footprint problem. Embodied Manufacturing tCO2 Emissions (Normalized) Volkswagen placing great importance on having a CO2-neutral production supply chain for its new EV line-up,
Slide 6: Summary: Lithium Supply Chain Not Up to European Standards
Summary: Lithium Supply Chain Not Up to European Standards For personal use only Salar Brine Supply Chain Spodumene Mine/China Convert Supply Chain European Lithium Supply Chain South American brine operations thousands of Hard rock operations are high OPEX and high Unprecedented push from bat
Slide 7: Our Solution: Vulcan's Zero Carbon Lithium Project
Our Solution: Vulcan’s Zero Carbon Lithium™ Project For personal use only Very large, lithium-rich geothermal brine field in Upper Rhine Valley (URV) of Germany in the heart of the EU’s battery “mega-factories”. Production wells to be drilled into high flow rate, lithium-rich brine reservoir, in
Slide 8: Vulcan's Unique Zero Carbon Lithium Integrated Flowsheet
Vulcan’s Unique Zero Carbon Lithium™ Integrated Flowsheet For personal use only Zero Carbon Lithium™ Process Brine for Geothermal Re-Injection without Brine (165°C) Lithium (65°C) Unique flowsheet developed by Vulcan, making use of binary cycle geothermal electricity & heat to create a Zero Carbon
Slide 9: Independently Verified Zero Carbon Credentials: World First
Independently Verified Zero Carbon Credentials: World First For personal use only Minviro Independent ISO 14044 Study on Vulcan & Peers (Preliminary) 100 Spodumene converted by fossil fuel-fired processes and lithium products transported from South America will always emit significant quantities o
Slide 10: Most Optimal Positioning for Europe's Lithium Supply Chain
Most Optimal Positioning for Europe’s Lithium Supply Chain For personal use only Lithium hydroxide is a “semi-bulk” commodity. Vulcan’s short distance to markets is a major cost advantage as well as carbon advantage. Strategic, secure domestic supply for EU OEMs at a time of global trade insecur
Slide 11: Very Large, Strategic Project Area
Very Large, Strategic Project Area For personal use only Most well-explored graben system in the world: large quantities of existing 2D and 3D seismic data to shortcut development timeline. Dominant license landholding in lithium-rich brine field - ~ 800 km2 of license area. Thousands of histo
Slide 12: German Utility Partnership: Shortcut to Development
German Utility Partnership: Shortcut to Development For personal use only MoU agreement signed in November 2019 with subsidiary of German utility Pfalzwerke Group – Pfalzwerke geofuture, for JV at operational Insheim geothermal plant to produce lithium hydroxide. Transformational agreement for V
Slide 13: Vulcan Resource Size: World Class
Vulcan Resource Size: World Class For personal use only Lithium Brine Resources (Mt LCE) Exploration Target Max. Estimate 13.1 Mt LCE Upper Rhine Valley 24.6 Mt LCE Cauchari-Olaroz 6.4 Mt LCE Olaroz Exploration Target Min. 4.9 Mt LCE Estimate Pastos Grandes 0 100 200 300 400 500 600 700 800 Market C
Slide 14: Vulcan Project Lithium Grades, Heat & Brine Flow Rate: Rare
Vulcan Project Lithium Grades, Heat & Brine Flow Rate: Rare For personal use only 200 Source: Vulcan Energy Resources Upper Rhine Valley geothermal brine field exhibits Li values one to two orders of magnitude greater than typical geothermal brines1: up to 210 mgLi/L, average of 181 mg/L Li. 150
Slide 15: Direct Lithium Extraction: Widespread Adoption Underway
Direct Lithium Extraction: Widespread Adoption Underway For personal use only DLE used at Livent’s Hombre Muerto operation in Argentina for 25 years producing consistent product. Sept 2019, E3 Metals received a $5.5M investment from Livent (one of world’s largest lithium producers), to developer
Slide 16: Planned Project Timeline: Fast-Track to Production
Planned Project Timeline: Fast-Track to Production For personal use only Maiden JORC Resource & Agreement with German Utility Scoping Study & LCA Completion Pilot Plant & PFS Permitting, Demo Plant, DFS Permitting, Financing, Construction Staged Commercial Operation 2020 2021 2022 2023 16
Slide 17: Vulcan's Board and Management
Vulcan’s Board and Management For personal use only Dr. Francis Wedin – Managing Director • Founder of Vulcan Zero Carbon Lithium™ Project. Previously Executive Director of successful ASX-listed Exore Resources Ltd (ASX:ERX). Management experience in resources sector on four continents; bilingual; d
Slide 18: Vulcan's World Class Technical Team
Vulcan’s World Class Technical Team For personal use only Alex Grant, Jade Cove Partners – Lithium Technology Advisor • Alex co-founded Lilac Solutions, one of the world’s leading DLE technology companies based in Silicon Valley. • Jade Cove is an independent advisor to multiple lithium development
Slide 19: Proud Members of a Leading-Edge Industry
Proud Members of a Leading-Edge Industry For personal use only 19
Slide 20: Capital Structure
Capital Structure For personal use only ASX : VUL Board & Management Institutional Shares on Issue 48,500,002 Retail Options (28.5c expiring in December 2020) 12,687,512 Performance Milestone Shares* 13,200,000 Performance Rights** 6,350,000 20% Market Capitalization at 16c (undiluted) ~$8M Enterpri
Slide 21: Vulcan: A Unique Investment Proposition
Vulcan: A Unique Investment Proposition For personal use only World’s First & Only Zero- Europe’s Largest JORC Carbon Lithium™ Process Lithium Resource Agreement with Geothermal Operator to Europe’s Most Rapidly Fast-Track Development Advancing Lithium Project Unprecedented Demand Most Optimally-Pos
Slide 22: Appendix 1: Information for Slide
Appendix 1: Information for Slide 13 For personal use only Company Code Project Stage Resource Category Brine M3 Resource Grade Contained LCE Information (mg/l Li) Tonnes Source Orocobre ASX:ORE Salar de Olaroz Production Measured & 1.8 x 109 690 6.4 Company Indicated Presentation 5 May 2014 Lithium
Slide 23: Appendix 2: Information for Slide
Appendix 2: Information for Slide 14 For personal use only Elders, W., Cohen, L., (1983) The Salton Sea Geothermal Field, California, Technical Report. Institute of Geophysics and Planetary Physics, University of California GeORG (2013) Projektteam Geopotenziale des tieferen Untergrundes im Ober
Slide 24: Thank you
For personal use only Thank you ASX: VUL info@v-er.com www.v-er.com
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