Lithium Americas Corp. · NYSE:LAC
Lithium Americas — Investor Presentation (November 2019)
22 slides from Lithium Americas's investor presentation, November 2019
Slide 1: Lithium Americas Investor Presentation November 2019
Lithium INVESTOR PRESENTATION NOVEMBER 2019 ~ "4 “auchari-olar Zz JujuypArgenti ia i MTF — . ay -
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT ‘Technical information Scientific and technical information in this presentation about the Cauchari-Olaroz Project and the Thacker Pass Project has been reviewed and approved by Rene LeBlanc, the Company's Chief Technical Officer and a non-independent qualified person under NI 4
Slide 3: Lithium Americas - Overview
LITHIUM AMERICAS - OVERVIEW Vancouver Focused on advancing two world-class lithium a projects to production Thacker Pass Developing the 40,000 tpa Cauchari- ne Olaroz lithium project in Argentina Reno + LAC is partnered in a 50 / 50 joint operation with (MEN Ganfeng Lithium to build and operate the
Slide 4: Capital Structure
CAPITAL STRUCTURE Lithium Americas commenced trading on NYSE under the symbol “LAC” in 2018 Share Price (TSX:LAC) $16.00 $12.00 $8.00 Share Price (C$/sh) f & ° to) $0.00 Mar-17 Sep-17 Mar-18 Sep-18 Mar-19 Adjusted for 5:1 share consolidation on November 8, 2017 Sep-19 Largest Shareholders Ganfeng Li
Slide 5: The Senior Management Team
THE SENIOR MANAGEMENT TEAM Assembled management team with the leading technical, financial and project execution experience in the lithium industry John Kanellitsas, Executive Vice Chairman Jon Evans, President / CEO 20+ years in management, including head of FMC Corp. Lithium Division 25+ years of
Slide 6: Fully-Funded to Production in Argentina
FULLY-FUNDED TO PRODUCTION IN ARGENTINA LAC is expected to be fully-funded to bring Cauchari-Olaroz into production I Sources of Capital | Uses of Capital i] I Total available to fund LAC’s ! Total required to fund ix I 50% share of Cauchari-Olaroz ' LAC’s 50% share of I I Cauchari-Olaroz to i \ I p
Slide 7: Cauchari-Olaroz Lithium Project
CAUCHARI-OLAROZ LITHIUM PROJECT Construction underway on a 40,000 tpa lithium project in Jujuy, Argentina = 50/50 jointly owned operation with Ganfeng Lithium = Ganfeng has off-take rights for 75% lithium carbonate (up to 40,000 tpa) = Recently completed 40,000 tpa DFS = Updated capital costs of $56
Slide 8: Cauchari-Olaroz - Location & Infrastructure
CAUCHARI-OLAROZ - LOCATION & INFRASTRUCTURE MineraExar Cauchari-Olaroz is located on a paved highway with access to power, gas and water = Located on an international paved highway in northwestern Argentina H y eS] { Atacama) ) Ponte: / Gas Pipeline | J Ny = 270 km from capital of Jujuy Province (Sa
Slide 9: Cauchari-Olaroz 40,000 tpa Feasibility Study
CAUCHARI-OLAROZ 40,000 TPA FEASIBILITY STUDY MineraExar 40,000 TPA DFS Average production 40,000 tpa battery-grade Li,CO; Project life 40 years 2.0 million tonnes of LCE at 607 mg/L Proven & probable reserves Li (adjusted for 53.7% yield) Construction capital costs $565 million Operating costs $3,57
Slide 10: Cauchari-Olaroz - Resources
CAUCHARI-OLAROZ - RESOURCES MineraExar Cauchari-Olaroz is the largest known NI 43-101 brine resource in development in South America Lithium Brine Resources Inferred =M&l (MMt LCE) LCE 20.0 15.0 10.0 5.0 0.0 For more information, please see technical report available on Lithium Americas’ SEDAR profi
Slide 11: Construction Schedule
CONSTRUCTION SCHEDULE MineraExar Construction is on schedule for completion by end of 2020 with first production in early 2021 Commenced detailed engineering. Expansion of camp. Drilling campaign. Early works construction. Ganfeng $160M project investment Stage 1 development commenced. to form 50/50
Slide 12: Thacker Pass Lithium Project
THACKER PASS LITHIUM PROJECT Advancing the largest-known lithium resource in the United States Thacker Pass LithiumNevace = 100% owned by Lithium Nevada Corp, woe wae . Winnemucca = A wholly-owned subsidiary of Lithium Americas = Nearby infrastructure: = Located near the mining town of Winnemucca =
Slide 13: Permitting Schedule
PERMITTING SCHEDULE LithiumNevaca With the Plan of Operations deemed complete by the BLM in September 2019, the Company anticipates all majors permits by the end of 2020 DFS Results Major Permits Issued | | Q12019 | @22019 | @3 2019 | @4 2019 | Q@12020 | @2 2020 | @3 2020 | @4 2020 | @12021 BLM | No
Slide 14: Process Flowsheet
PROCESS FLOWSHEET LithiumNevaca Thacker Pass’ flowsheet applies a simple acid leaching process used in the phosphate industry Sulfuric Acid Plant Excess __ Sulfuric Acid 10 = | => pea ca i F + Electricity Quicklime & Soda Ash Sulfuric Acid | AAC OC] 9900 | => [Bxeoyzition) OHO! seraven —- => u = i S
Slide 15: Lithium sulphate solution
▪ ▪ ▪ ▪ ▪ Lithium sulphate solution
Slide 16: Thacker Pass Development Schedule
THACKER PASS DEVELOPMENT SCHEDULE LithiumNevaca The Company anticipates the start of Phase 1 construction in early 2021 Updated resource estimate the largest Li deposit in Nortn America. Submit Mine Plan of Operations to BLM and commence EIS process. Completed process testing. Completed PFS. Initiat
Slide 17: Appendix
APPENDIX Thacker Pass -Nevada;USA : te - ~ LithiumAMericas
Slide 18: Operating Costs
OPERATING COSTS Cauchari-Olaroz operating costs ($3,576/t) for battery-quality lithium carbonate are expected to be at low-end of the cost curve Operating Cost Curve ($/tpa LCE, 2020 estimates) $12,000 $10,000 $8,000 $6,000 | Cauchari-Olaroz 40,000 tpa DFS $4,000 J $2,000 $0 100 Thacker Pass 60,000
Slide 19: Lithium Market Update
LITHIUM MARKET UPDATE Lithium Price mms Orocobre mmm SQM ——— Lithium Carbonate (China, >99.5%) — = Lithium Hydroxide (China, >56.5%) $30,000 , a Lom U We wee! s \ wr . $20,000 ~~ = Lora 1 t \ | \ $10,000 ! J No | | Paleo, LOR | OREN) 00} 2} IN Ne pe r) |S col — $O + 1 Mar Mar Sep Mar Sep Mar Sep 201
Slide 20: The Board of Directors
THE BOARD OF DIRECTORS Lithium Americas is focused on advancing to production and maximizing shareholder value Board with diverse industry experience = Background in mining, finance, legal and construction. = Argentine directors (Gabriel Rubacha and Franco Mignacco) provide strong local connection.
Slide 21: Lithium Resource and Reserve Summary
LITHIUM RESOURCE AND RESERVE SUMMARY Average Li Concentration Brine Volume (m3) (mg/L) Lithium Metal (t) LCE (000 t) (Cauchari-Olaroz (100% basis) Mineral Reserves - May 2019 Proven Reserves (Years 1-5) 1.6 x 107 616 51,900 276 Probable Reserves (Years 6-40) 9.6 x 108 606 314,830 1676 Mineral Resour
Slide 22: Contact Information
LithiumAmericas CONTACT INFORMATION info@lithiumamericas.com 300 - 900 West Hastings Street Vancouver, BC V6C 1E5 Canada Cauchari-Olaroz Jujuy, Argentina
Lithium Americas — Investor Presentation (November 2019) on 6ix