Century Lithium Corp · TSXV:LCE
Century Lithium — Investor Presentation (March 2024)
37 slides from Century Lithium's investor presentation, March 2024
Slide 1: Unlocking Tomorrow's Energy – Corporate Presentation
Unlocking Tomorrow’s Energy Corporate Presentation MARCH 2024
Slide 2: Cautionary Statement
Developing Nevada's Next Lithium Mine Cautionary Statement TECHNICAL INFORMATION ADDITIONAL REFERENCE MATERIALS Scientific and technical information in this presentation about the Clayton Valley This presentation should be read in conjunction with Century Lithium Corp.’s Lithium Project was reviewed
Slide 3: Share & Trading Information
Developing Nevada's Next Lithium Mine Share & Trading Information TSX.V: LCE | OTCQX: CYDVF Issued & Outstanding 148.7 M ANALYST COVERAGE Warrants 11.4 M PI Financial Justin Stevens Options 8.1 M Alliance Global Partners Jake Sekelsky Fully Diluted 168.2 M Noble Capital Markets Mark L. Reichman Mark
Slide 4: Our Vision
Developing Nevada's Next Lithium Mine Our Vision The Clayton Valley Lithium Project is of one of the largest lithium deposits in the United States and is located adjacent to Albemarle’s Silver Peak Mine: North America's only lithium operation in production. Century Lithium’s vision is to grow into a
Slide 5: Investment Highlights
Developing Nevada's Next Lithium Mine Investment Highlights ADVANCED PROVEN WATER BATTERY STAGE TECHNOLOGY PERMIT GRADE Li2CO3 • 3rd most advanced • Pilot Plant running for over • Own water rights permit • Tests exceed standard lithium project in 2 years in Clayton Valley Basin battery grade specs o
Slide 6: 2022 - 2023 Highlights
Developing Nevada's Next Lithium Mine 2022 - 2023 Highlights Acquired Permit Feasibility Study underway (Wood Plc) Announced positive for Water Rights drill results from newly Confirmed production of battery Announced initial results from Pilot Plant In Clayton Valley, acquired project grade lithium
Slide 7: Board of Directors
Developing Nevada's Next Lithium Mine Board of Directors Bryan Disher William Willoughby, PhD, PE CHAIR PRESIDENT, CEO & DIRECTOR 37+ years of experience in corporate finance, 45+ years of experience in all aspects of natural resources retired partner from PwC Canada, CPA, CA development, production
Slide 8: Management
Developing Nevada's Next Lithium Mine Management William Willoughby, PhD, PE Abraham (Braam) Jonker, CPA, CA PRESIDENT, CEO & DIRECTOR CHIEF FINANCIAL OFFICER 45+ years of experience in all aspects of natural 30+ years experience in natural resources and resources development, production and financi
Slide 9: Lithium Chemicals Balance
Developing Nevada's Next Lithium Mine Lithium Chemicals Balance 6,000,000 5,500,000 Demand 5,000,000 Lithium Carbonate 58% 4,500,000 Lithium Hydroxide 4,000,000 49% 3,500,000 3,000,000 2,500,000 63% 2,000,000 1,500,000 1,000,000 500,000 0 (tonnes LCE) 2017 2019 2031 2032 2021 2022 2037 2015 2027 203
Slide 10: Demand Forecast: 2020 - 2040
Developing Nevada's Next Lithium Mine Demand Forecast: 2020 - 2040 NEAR MEDIUM LONG TERM TERM TERM Ukraine and Russia, China covid Lithium demand will surpass Lithium demand will surpass lockdowns, inflation, and supply 1mt LCE for the first time in 2mt LCE for the first time in chain disruptions ca
Slide 11: Lithium: US "Critical Mineral"
Developing Nevada's Next Lithium Mine Lithium: US “Critical Mineral” • US Government designated lithium as a “Critical Mineral” of strategic importance in December 2017. (Executive Order 13817 – A Federal Strategy to Ensure, Secure and Reliable Supplies of Critical Minerals) • “Critical Mineral” des
Slide 12: Policy Updates: The Defense Production Act
Developing Nevada's Next Lithium Mine Policy Updates: The Defense Production Act The Defense Production Act Originating in 1950s during the Korean War, the act specifically grants authority to address the mining and production of minerals critical to U.S security. U.S president Joe Biden has invoked
Slide 13: Lithium Deposit Types
Developing Nevada's Next Lithium Mine Lithium Deposit Types CLAYSTONE BRINE HARDROCK Lithium Carbonate Lithium Carbonate Spodumene Concentrate Mine Product (Li2CO3) (Li2CO3) (6% Li2O) Typical Grade 1,000-3,000 ppm Li 500-1,000 ppm Li 4,500-7,000 ppm Li Mining Mining Pumping of Brine Crushing and Gri
Slide 14: Project Location
Developing Nevada's Next Lithium Mine Project Location Nevada Century A prominent jurisdiction for mining Lithium's Geothermal Lease 100% owned Billion tonne lithium clay resource on Federal U.S. mining claims Albemarle’s Silver Peak Lithium Brine Operation Access In a chloride basin adjoining Silve
Slide 15: Nevada Lithium Projects
Developing Nevada's Next Lithium Mine Nevada Lithium Projects HOST COMPANY PROJECT PROJECT STATUS Brine Albemarle* Silver Peak Operation Producing Schlumberger/Pure Energy* Clayton Valley PEA, Pilot Plant Clay/Claystone Century Lithium Clayton Valley PFS, Pilot Plant Lithium Americas Thacker Pass Fe
Slide 16: Century Lithium Deposit Setting
Developing Nevada's Next Lithium Mine Century Lithium Deposit Setting At Century Lithium’s property, the lithium- bearing units are exposed at surface or with minimal overburden to depths of Lithium is found in illite 150 meters and montmorillonite clays within the Esmeralda Formation From Davis, Fr
Slide 17: Resources & Reserves
Developing Nevada's Next Lithium Mine Resources & Reserves Indicated Resource Tonnes LCE Tonnes (Million) Li ppm (million) 1,304 905 6.3 Probable Reserve Tonnes LCE Tonnes (Million) Li ppm (million) 213 1,129 1.28 * From 2021 Prefeasibility Study Note: See footnotes on determination of Resources and
Slide 18: Deposit Features
Developing Nevada's Next Lithium Mine Deposit Features • Extensive flat-lying deposit • Lithium in illite and montmorillonite clays to depth of at least 150m below surface • Minimal gravel overburden • Soft clay, requires no drilling & blasting • Leachable clay, low acid consumption • Potential by-p
Slide 19: Pre-Feasibility Study Results
Developing Nevada's Next Lithium Mine Pre-Feasibility Study Results * After-Tax Cash Flow Analysis ($US) Internal Rate of Return (IRR) Net Present Value (NPV 8%) Base Case Price for Lithium Carbonate 25.8% $1.03 billion $9,500/tonne Average Production Lithium Carbonate Payback Period Operating Rate
Slide 20: PFS Design Assumptions
Developing Nevada's Next Lithium Mine PFS Design Assumptions WASTE PLANT • Operating rate of 15,000 tpd • 5.5 million tpy mill feed @ 1100 ppm Li • 40-year mine life LOW GRADE • < 0.3 : 1 strip ratio (O/B to feed) • Conveyor from pit to leach plant • 2,500 tpd sulfuric acid plant on site PIT • Agita
Slide 21: Project Elements
Developing Nevada's Next Lithium Mine Project Elements Mining • Shallow surface mine with limited overburden • Soft material, easily excavated with no drilling or blasting Leaching • High extractions of lithium from clay with low levels of acid consumption Filtration • Easy separation of clay solids
Slide 22: Mining – Bulk Sample
Developing Nevada's Next Lithium Mine Mining – Bulk Sample From Resource to Process Ready Bulk Sample Location Crushing Claystone TSX.V: LCE OTCQX: CYDVF 22
Slide 23: Lithium Extraction Facility – Amargosa Valley
Developing Nevada's Next Lithium Mine Lithium Extraction Facility – Armargosa Valley Acid Leach Extraction of Lithium from Claystone Pilot Plant Campus Leach Tank TSX.V: LCE OTCQX: CYDVF 23
Slide 24: Lithium Extraction Facility
Developing Nevada's Next Lithium Mine Lithium Extraction Facility AMARGOSA VALLEY SITE Sodium salt-based chemistry Metallurgically advanced – utilizing DLE • Average lithium recovery – 85% • Average DLE recovery > 99.5% Operating safety for over 2 years Producing high-purity lithium carbonate TSX.V:
Slide 25: Filtration System & Tailings
Developing Nevada's Next Lithium Mine Filtration System & Tailings From Leach Slurry to PLS & Tailings Tailings PLS Plate Filters TSX.V: LCE OTCQX: CYDVF 25
Slide 26: Direct Lithium Extraction
Developing Nevada's Next Lithium Mine Direct Lithium Extraction DLE Area • Sodium salt-based chemistry • Incorporates Ion-Exchange (IX) with Membrane (RO) purification • Achieved 99.5% DLE recovery • Operating safety for over 2 years • Concentrated lithium solution from Pilot Plant results in high-p
Slide 27: thyssenkrupp nucera Engaged to Design Chlor-Alkali Plant
Developing Nevada's Next Lithium Mine thyssenkrupp nucera Engaged to Design & Engineer Chlor-Alkali Plant in Feasibility Study • thyssenkrupp nucera offers world leading technologies for high-efficiency electrolysis plants • Including chlor-alkali electrolysis, HCl electrolysis & alkaline water elec
Slide 28: Innovative Application of Chlor-Alkali Process
Developing Nevada's Next Lithium Mine Innovative Application of Chlor-Alkali Process Salt is the Key Anode Cathode HCl • Clayton Valley brine is a potential source of NaCl (sodium chloride) Cl2 H2 • Salt sources abundant in western U.S. + - Depleted • On-site generation of reagents NaCl Brine H20 •
Slide 29: Lithium Extraction Pilot Plant Results
Developing Nevada's Next Lithium Mine Lithium Extraction Pilot Plant Results • Continuous 24-hr per day operation achieved • Extractions of lithium in leaching up to 85% • Flowsheet simplified • Magnesium, iron, aluminum and other impurities removed in PIR/SIR • DLE process recovering 99.5% lithium
Slide 30: Extraction Testing of Lithium-Bearing Claystone
Developing Nevada's Next Lithium Mine Extraction Testing of Lithium-Bearing Claystone Pilot Plant Components Crushed Claystone Ready to Process TSX.V: LCE OTCQX: CYDVF 30
Slide 31: Extraction Testing of Lithium-Bearing Claystone
Developing Nevada's Next Lithium Mine Extraction Testing of Lithium-Bearing Claystone Concentrated Lithium Solution Evaporator TSX.V: LCE OTCQX: CYDVF 31
Slide 32: CONFIRMED: Battery Grade Lithium Carbonate 99.94% Purity
Developing Nevada's Next Lithium Mine CONFIRMED: Battery Grade Lithium Carbonate 99.94% Purity • Enhanced battery grade Li2CO3 (lithium carbonate) made • 99.94% or “Three Nines” purity • Exceeded the standard for battery grade (99.5%) • Li2CO3 derived from 7 gram/liter intermediate concentrated lith
Slide 33: Feasibility Study Summary
Developing Nevada's Next Lithium Mine Feasibility Study Summary Feasibility Study Highlights Resource Friendly • AACE Class 3 Estimate • Efficient use of water, salt, and land • 15,000 tons/day of ore processed, 40-year • Tailings facility to backfill a portion of pit mine life • Potential use of so
Slide 34: Environmental & Social Governance
Developing Nevada's Next Lithium Mine Environmental & Social Governance Initial baseline Project design will Opportunities for Focus on effective Commitment studies minimize Renewable water and land to working completed environmental Energy management with local and cultural communities for impact •
Slide 35: Moving Forward – The Year Ahead
Developing Nevada's Next Lithium Mine Moving Forward – The Year Ahead • Complete Feasibility Study – Q1 2024 • ESG Improvements • Connect with and support our local community • Study alternatives to recycle sodium, chlorine, and water • Pursue solar and geothermal energy solutions • Optimize lithium
Slide 36: Summary
Developing Nevada's Next Lithium Mine Summary Advanced Stage Project Confirmed Battery Grade Li2CO3 • Fully financed to production decision • Ability to repeatedly make a high purity Li2CO3 • Feasibility stage lithium clay project with low level impurities • 40+ year life of mine • Integrate designs
Slide 37: Contact
Contact Spiros Cacos Vice President, Investor Relations T +1 604 764 1851 info@centurylithium.com centurylithium.com TSXV LCE | OTCQX CYDVF 37