Atlantic Lithium Limited. · LSE:ALL
Atlantic Lithium — Red Cloud Pre-PDAC Mining Showcase (March 2023)
16 slides from Atlantic Lithium's conference presentation, Feb 27, 2023
Slide 1: Investor Presentation March 2023 - Charging the Change
Investor Presentation March 2023 For personal use only CHARGING THE CHANGE
Slide 2: Important & Cautionary Statement
IMPORTANT & CAUTIONARY STATEMENT For personal use only Important notice Cautionary Statements These presentation slides (the “Slides”) have been prepared by Atlantic The information in the Slides that relates to the estimation and Forward-looking information is developed based on assumptions about L
Slide 3: Building Ghana's First Lithium Mine
BUILDING GHANA’S FIRST LITHIUM MINE For personal use only On Track to Deliver Funding partner and 50% offtake secured Excellent Project Mining Licence Economics application lodged September 2022 PFS* DFS underway Strong ESG delivers exceptional Credentials financial outcomes Industry stand-out Signi
Slide 4: Corporate Snapshot
CORPORATE SNAPSHOT For personal use only Capital Structure Major Shareholders Issued Capital: 605.7m Top 20 Shareholders: 73.14% Assore Int. Holdings 54.50m 2.7m 662.9m 25.06% Options Performance Rights Fully-diluted share capital Other Piedmont Lithium Inc 56.29% 9.39% Electrification and US$305m U
Slide 5: Tier ESG Fundamentals
TIER 1 ESG FUNDAMENTALS For personal use only Low power Adjacent grid power requirements Highly skilled DMS only Ghanaian workforce 110 km to existing Minimal footprint deep sea port Local hydro and solar power opportunities Strong local partners ATLANTIC LITHIUM LIMITED 5
Slide 6: Acting in the Best Interests of Local Communities
ACTING IN THE BEST INTERESTS OF LOCAL COMMUNITIES For personal use only Regeneration nurseries Community consultations and revegetation Work and education programmes Ongoing environmental monitoring ESIA underway Event sponsorship Equipment provision Medical donations ATLANTIC LITHIUM LIMITED 6
Slide 7: The Atlantic Connection
THE ATLANTIC CONNECTION Serving the growing North American EV market from West Africa For personal use only OFFTAKE PARTNERS 50% Agreed OEMs 50% Battery gigafactories 255,000tpa Available SC6 production Traders Chemical processors ATLANTIC LITHIUM LIMITED 7
Slide 8: Ewoyaa Lithium Pegmatite Discovery in Ghana
EWOYAA LITHIUM PEGMATITE DISCOVERY IN GHANA For personal use only 35.3Mt @ 1.25% Li2O (JORC 2012) 18.9Mt @ 1.24% Li2O Reserve Coarse spodumene concentrate (based on previous Resource and 3.5Mt @ 1.37% Li2O (Measured) Pre-Feasibility Study*) 24.5Mt @ 1.25% Li2O (Indicated) Mining Licence application
Slide 9: Ghana & Cote d'Ivoire Lithium Portfolio
GHANA & COTE D’IVOIRE LITHIUM PORTFOLIO For personal use only Combined 1,334km2 portfolio secured Ghana & CDI Portfolio insert via earn-in & application (see insert) 560km2 Ghana portfolio within 110km of Takoradi port and 100km of Accra Coarse spodumene dominant pegmatite 137,000m drilled to date D
Slide 10: Coarse Spodumene – Broad Widths
COARSE SPODUMENE – BROAD WIDTHS For personal use only Coarse spodumene in outcrop Coarse spodumene pegmatite drill core ATLANTIC LITHIUM LIMITED 10
Slide 11: Simple Metallurgy – Premium SC6 Product
SIMPLE METALLURGY – PREMIUM SC6 PRODUCT For personal use only Metallurgy HLS Synthesis >6% spodumene concentrate at 10mm crush via conventional DMS Heavy Liquid Separation recoveries up to 90% Low contaminants; <1% Fe203, <3% combined Na2O & K2O Simple gravity process flow sheet; No early flotation
Slide 12: Pre-Feasibility Study Delivers Robust Project Economics
PRE-FEASIBILITY STUDY DELIVERS ROBUST PROJECT ECONOMICS+ For personal use only Pre-Feasibility Study* - 100% Project Basis Ultimate mining operation overview showing all associated project development infrastructure Based on: 30.1Mt @ 1.26% Li2O US$1,359/t SC6 2Mtpa ROM NPV8 US$1.33bn (post tax) IRR
Slide 13: Pathway to Production
PATHWAY TO PRODUCTION Delivering Ghana’s first lithium mine For personal use only 2023 2024 2025 MRE Update DMS Plant Transmission Commence Mobilise Site power Commissioning Resource: 35Mt & line construction and start-up FEED earthworks mining available Reserve: 28Mt Stage 1 DFS contractor Stage 1
Slide 14: Next Steps
NEXT STEPS For personal use only Significant value potential to be unlocked Exploration upside within existing DFS to incorporate updated MRE West Africa portfolio Considering higher throughput New acquisitions using proven at Ewoyaa experience and strategy ATLANTIC LITHIUM LIMITED 14
Slide 15: Atlantic Lithium at a Glance
ATLANTIC LITHIUM AT A GLANCE For personal use only Flagship Project Strong Cash Position Ewoyaa, Ghana - 35.3Mt @ 1.25% Li2O c. US$14m for future growth Pre-Feasibility Study* Proven Premium Product Post-Tax NPV US$1.33bn High grade SC6 with low Internal Rate of Return 224% contaminants / Successful
Slide 16: For personal use only
For personal use only http://www.atlanticlithium.com.au/ info@atlanticlithium.com.au Atlantic Lithium Limited Level 33, Australia Square, 264 George Street, Sydney, NSW 2000
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