Lithium Americas Corp. · NYSE:LAC
Lithium Americas — Bank of America Securities Virtual 2023 Lithium & Battery Storage Conference
20 slides from Lithium Americas's conference presentation, Dec 7, 2023
Slide 1: Bank of America Battery Materials and Storage
NYSE & TSX: LAC BANK OF AMERICA BATTERY MATERIALS AND STORAGE December 2023
Slide 2: Disclaimer
NYSE & TSX: LAC 2 / CORPORATE PRESENTATION 2023 Disclaimer ADDITIONAL REFERENCE MATERIALS CURRENCY This presentation should be read in conjunction with materials from the previous Lithium Americas Corp. (now Lithium All figures presented are in U.S. Dollars unless otherwise noted. Americas (Argentin
Slide 3: A Pure-Play North American Lithium Company
NYSE & TSX: LAC 3 / CORPORATE PRESENTATION 2023 A Pure-Play North American Lithium Company Thacker Pass is a top-tier, generational asset and hosts the largest known Measured and Indicated (M&I) lithium resource in the U.S. with significant exploration potential due to its unique geology Only fully
Slide 4: Thacker Pass
NYSE & TSX: LAC 4 / CORPORATE PRESENTATION 2023 THACKER PASS Fully Permitted Project in the U.S. with a Clear Path to Production
Slide 5: Thacker Pass Highlights
NYSE & TSX: LAC 5 / CORPORATE PRESENTATION 2023 Thacker Pass Highlights Developing the largest known lithium M&I resource in the U.S. 100% owned and located in northern Nevada within the 1 McDermitt Caldera with significant exploration upside due to the unique project location and geology 2022 feasi
Slide 6: Thacker Pass Location
NYSE & TSX: LAC 6 / CORPORATE PRESENTATION 2023 Thacker Pass Location Thacker Pass is adjacent to paved highway, access to transmission line and nearby McDermitt Caldera rail (~60 miles). Thacker Pass
Slide 7: Lithium Technical Development Center
NYSE & TSX: LAC / CORPORATE PRESENTATION 2023 Lithium Technical Development Center - 30,000 ft2 facility in Reno, NV - Validated Thacker Pass flowsheet built on commonly used mining and chemical processes - Replicated integrated process including full- scale hydrocyclone to help mitigate scaling up
Slide 8: Commonly Used Mining and Chemical Processes
NYSE & TSX: LAC 32 8 / CORPORATE PRESENTATION 2023 Commonly Used Mining and Chemical Processes MINERAL BENEFICIATION CLAY DEWATERING Sulfuric acid plant The process starts by feeding ore and water to attrition scrubbers. Through mechanical Clay is thickened to recover and recycle water Sulfuric acid
Slide 9: Thacker Pass is Well Positioned Along the Global Cost Curve
NYSE & TSX: LAC 16 9 / CORPORATE PRESENTATION 2023 Thacker Pass is Well Positioned Along the Global Cost Curve $40,000 $35,000 $30,000 2023E C1 Production Costs ($USD per tonne LCE) $25,000 $20,000 $15,000 Thacker Pass $10,000 $6,743(1) $5,000 $- 2023E LCE Production (kt LCE) Feasibility Study Total
Slide 10: Developing Sustainable Lithium
NYSE & TSX: LAC 21 10 / CORPORATE PRESENTATION 2023 Developing Sustainable Lithium Going beyond regulatory requirements Low Carbon Footprint Scope 1 & 2 carbon intensity of 6.02 Avoided emissions of 10.02 t CO2e / t Li2CO3 t CO2e / t Li2CO3 Co-located sulfuric acid plant generating majority of car
Slide 11: Thacker Pass has Strong Stakeholder Support
NYSE & TSX: LAC 11 / CORPORATE PRESENTATION 2023 Thacker Pass has Strong Stakeholder Support Lithium is Recognized as a DOE Loan Process Record of Decision Upheld Local Community and Critical Mineral Advancing In February 2023, the Nevada Tribe Engagement The U.S. Department of Defense Letter
Slide 12: Actively Engaging with Local Tribal and Community Members
NYSE & TSX: LAC 23 12 / CORPORATE PRESENTATION 2023 Actively Engaging with Local Tribal and Community Members Through years of engagement, information sharing and meetings, we have learned about the community needs and priorities Community Benefits Agreement with the Fort McDermitt Paiute & Shoshone
Slide 13: Thacker Pass: Accelerating Towards Production
NYSE & TSX: LAC 13 / CORPORATE PRESENTATION 2023 Thacker Pass: Accelerating Towards Production A track record of executing on key milestones Defined M&I resource – largest known in the U.S. Environmental studies conducted and released Record of Decision issued All permits for construction issued Lit
Slide 14: Construction is Advancing
NYSE & TSX: LAC 14 / CORPORATE PRESENTATION 2023 Construction is Advancing Thacker Pass will power the U.S. battery supply chain Construction commenced in March 2023 after notice to proceed from the Bureau of Land Management 2023 activities include: • Detailed engineering • Earthworks and preparatio
Slide 15: General Motors: Strategic Partner and Committed Offtake Agreement
NYSE & TSX: LAC 18 15 / CORPORATE PRESENTATION 2023 General Motors: Strategic Partner and Committed Offtake Agreement Total investment of $650 million across two tranches(1) Tranche 1: GM investment of $320 million completed in February 2023(2) Tranche 2: GM to invest $330 million(3) Offtake agr
Slide 16: Investment in New Sources of Supply Required to Meet Demand
NYSE & TSX: LAC 16 / CORPORATE PRESENTATION 2023 Investment in New Sources of Supply Required to Meet Demand Global EV Adoption to Drive Lithium Demand Significant Supply Gap Forecasted EV Sales Expected to Increase by ~80% (2022 vs. 2040)(1) Every Known Project Needed to Meet Forecasted Demand(2) 1
Slide 17: Li Content is Increasing in Batteries for More EV Range & Power
NYSE & TSX: LAC 9 17 / CORPORATE PRESENTATION 2023 Li Content is Increasing in Batteries for More EV Range & Power Lithium is the common denominator Average battery pack sizes are Global EV Adoption Increasing 3x across all battery chemistries(1) increasing (kWh)(2) by the Next Decade Illustrative 6
Slide 18: Lithium Americas – Accelerating Forward
NYSE & TSX: LAC 18 / CORPORATE PRESENTATION 2023 Lithium Americas – Accelerating Forward Pure-play North American lithium company, separation completed October 3, 2023 LAC continues to develop partnership with GM following closing of $320 million Tranche 1 investment and offtake agreement Constructi
Slide 19: Contact Information
CONTACT INFORMATION Virginia (Ginny) Morgan Vice President, IR and ESG info@lithiumamericas.com www.lithiumamericas.com @LithiumAmericas
Slide 20: Forward-Looking Statements and Information
NYSE & TSX: LAC 20 / CORPORATE PRESENTATION 2023 Forward-Looking Statements and Information This News Release contains “forward-looking information” within the meaning of applicable Canadian securities legislation, following the Arrangement becoming payable, including as a result of events outside o