Liontown Limited · ASX:LTR
Liontown — Corporate Update (July 2024)
12 slides from Liontown's corporate update, Jul 2, 2024
Slide 1: Long Term Funding and Strategic Partnership
DRAFT – NOT FOR FURTHER DISTRIBUTION Long Term Funding and Strategic Partnership Investor Presentation 2 July 2024 Tony Ottaviano CEO / MD ASX: LTR ltresources.com.au
Slide 2: Important information
Important information Important Notice and Disclaimers This investor presentation (Presentation) is dated 2 July 2024 and has been prepared by Liontown Resources Limited (ACN 118 153 825) (ASX: LTR) (Liontown or the Company). SUMMARY INFORMATION This Presentation contains summary information about t
Slide 3: Partnering for Growth: Funding and KV Update
NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES Partnering for Growth: Funding and KV Update Liontown Resources secures US$250 million investment and 10-year offtake extension with LG Energy Solution, paving the way for long-term growth from Kathleen Valley and collaboration to explore the feas
Slide 4: Liontown's strategy – Pathway to world class producer
NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES Liontown’s strategy – Pathway to world class producer The best strategies endure the cycles; ours is unchanged. Kathleen Valley Downstream Expansion Liontown Full Potential Full Potential Become a vertically integrated Expand portfolio through org
Slide 5: Overview of Convertible Notes
NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES Overview of Convertible Notes Liontown has secured five-year US$250 million Convertible Notes at SOFR and conversion price of A$1.80 per share Summary of key terms1 Issuer Liontown Resources, Ltd. Noteholder LG Energy Solution, Ltd. (“LGES”) Issue
Slide 6: Balance Sheet and Remaining Capital Costs
NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES Balance Sheet and Remaining Capital Costs US$250 million Convertible Notes and existing A$122 million1 of cash on hand provides balance sheet strength to fund Kathleen Valley ramp-up to steady state production of 3Mtpa and preserve the 4Mtpa expan
Slide 7: Extension to Foundation Offtake Agreement
Extension to Foundation Offtake Agreement LG Energy Solution’s Convertible Notes investment extends offtake agreement to 15 years total, with additional tonnes available in the first 10 years Contracted volumes to LG Energy Solution (kt SC6) Subject to leeway of +/- 10% Additional 125kt of SC6 avail
Slide 8: Downstream Joint Venture
NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES Downstream Joint Venture Liontown and LG Energy Solution have entered into a downstream collaboration agreement to investigate long- term value creation through the establishment of an IRA-compliant refinery Downstream Collaboration Agreement • Co
Slide 9: Kathleen Valley on track for first production
NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES Kathleen Valley on track for first production Mining Process Plant Support Infrastructure ü Kathleen’s Corner open pit building substantial ü Process Plant ~99%1 complete on an earned ü 95MW Hybrid Power Station in full operation stockpiles ahead
Slide 10: Tier 1 Customers
Tier 1 Customers Binding offtake agreements underpin the majority of sales for the first five years of production1 TESLA Index Reference Lithium Hydroxide Index Lithium Hydroxide Index Lithium Hydroxide Index Initial period of 5 years from the commencement of commercial production Supply Term 15 yea
Slide 11: First production imminent, growing our Company
NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES First production imminent, growing our Company US$250 million low-interest Convertible Notes support ramp-up to 3Mtpa steady state production and preserves 4Mtpa expansion option on a 2027 timeframe Kathleen Valley Project remains on schedule and
Slide 12: ASX:LTR ltresources.com.au
NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES For more information: Leanne Kite Investor Relations Manager Liontown Resources lkite@ltresources.com.au +61 401 438 850 Level 2, 32 Ord Street, West Perth WA 6005 22 ABNNovember 2022 39 118 153 825 ASX:LTR ASX : LTR ltresources.com.au ltresources