Eramet Sa · EURONEXT:ERA
Eramet Sa — Corporate Update (July 2024)
11 slides from Eramet Sa's corporate update, Jul 3, 2024
Slide 1: On track to become a key global player in the sustainable production of lithium
On track to become a key global player in the sustainable production of lithium Start of Centenario Phase 1 plant in Argentina 3 July 2024
Slide 2: Disclaimer
Disclaimer Certain information contained in this presentation including any information on Eramet’s plans or future financial or operating performance and any other statements that express management’s expectations or estimates of future performance, constitute forward-looking statements. Such state
Slide 3: Eramet: the first European company to produce battery-grade lithium carbonate at industrial scale
3 Eramet: the first European company to produce battery-grade lithium carbonate at industrial scale Li Start of the commissioning of the Centenario DLE1 plant in the Salta province, Argentina In Eramet’s strategic development into producing metals for energy Key milestone transition Technological ac
Slide 4: Centenario: a large resource, long-life, high-grade, scalable brine deposit
3 Centenario: a large resource, long-life, high-grade, scalable brine deposit Li One of the most attractive deposits in the lithium triangle A single concession of 560km2 Bolivia Perpetual mining rights owned by Eramet Lithium triangle Chile Centenario Ratones 15Mt-LCE1 407mg/L 40+ years Argentina D
Slide 5: A project developed according to the most stringent standards of sustainable mining
3 A project developed according to the most stringent standards of sustainable mining Li “Eramet Beyond” Dialogue with local Local programs for positive communities employment impact “ProMujer” The most stringent standard for Accompanying women Dialogue since 2010 92% of local entrepreneurs in the S
Slide 6: Centenario Phase 1: a competitive battery-grade DLE technology project coming on-stream shortly
3 Centenario Phase 1: a competitive battery-grade DLE technology project coming on-stream shortly Li One of the most advanced DLE process Centenario Phase 1 key figures In-house development DLE technology Production capacity covering 12 patents battery grade Nov. 2024 Mid-2025 YEARS On-site testing
Slide 7: Centenario Phase 1: an attractive profitability underpinned by first quartile cost position
3 Centenario Phase 1: an attractive profitability underpinned by first quartile cost position Li Illustrative cash cost curve of the lithium industry (2029, Eramet internal estimates) Expected Cash cost1, k$/t LCE strong resilience through-the-cycle Current long-term price forecast (market consensus
Slide 8: Centenario Phase 2 (1st tranche): conditionally approved
3 Centenario Phase 2 (1st tranche): conditionally Board approved in November 2023 Li Phase 2 (1st tranche) key figures Production capacity1 c.$800M Construction capex1 Expected cash cost Ex- $4.5-5.0k/t-LCE works2 (1st quartile) Subject to the obtention of construction permits Subject to the impleme
Slide 9: Appendices
Appendices
Slide 10: Lithium demand forecast & lithium carbonate historical price
3 Lithium demand forecast & lithium carbonate historical price Li Lithium demand forecast1 Lithium carbonate price (CIF Asia)3 Mt-LCE2 $kt-LCE2 8 90 2024-2029 2024-2034 7 CAGR +18% +15% x1.4 80 Batteries +21% +18% 70 6 Others +3% +3% 60 5 x1.8 50 $13.3k/t-LCE 4 on 28/06/24 40 3 x2.4 30 2 20 Consensu
Slide 11: Centenario Lithium
Centenario Lithium 1 2 3 Phase 1 Brine Preparation Direct Lithium Extraction Membrane Separation Remove suspended material; Capture Lithium Purify, concentrate Lithium adjust pH and Recover water 1 2 Water Treatment Plant 5 4 3 Camp 6 4 Forced Evaporation Pilot Plant Concentrate Lithium and Recover