Slide 1: EMILI Project - Lithium by Imerys
EMILI Project - Lithium by Imerys October 24, 2022
Slide 2: Lithium: a key resource for the energy transition and achieving net zero GHG emissions
Lithium: a key resource for the energy transition and achieving net zero GHG emissions ● Europe's target (EU Green Deal): net zero greenhouse gas emissions by 2050. ● Fuel combustion across the road transport sector: 20% of EU total greenhouse gas emissions*. ● European Parliament has voted to ban n
Slide 3: Lithium: a critical component for European independence
Lithium: a critical component for European independence ● Thanks to massive investments, the ● However, Europe is currently very dependent on lithium European value chain for batteries is imports. developing downstream ○ Announced European lithium extraction projects cover less than 50% of the final
Slide 4: EMILI project: History and key milestones
EMILI project: History and key milestones 1960s 2015 2019-20 2021-22 Granite deposit Imerys submitted Presence of lithium Main achievements to date containing lithium sits an application and confirmed by drillings beneath Imerys’ kaolin was granted an • Geology: Attractiveness of quarry in Beauvoir,
Slide 5: Imerys' ambition: become a major player in lithium supply to Europe
Imerys’ ambition: become a major player in lithium supply to Europe in the coming five years Announced European lithium projects (kt LCE) ● Become one of the primary European suppliers of lithium for batteries in 5 years and a key player in the energy transition in France and Europe ● Targeted produc
Slide 6: Key milestones going forward
Key milestones going forward Industrial milestones, subject to authorisations and stakeholder acceptance H1 2024 2025 2028 2023 Preliminary mine Detailed characterization design established of the deposit and Commercial plant Industrial pilot Life of Mine increase plant launch and mine launch Proces
Slide 7: Best in class mining and industrial technology adapted to the Beauvoir deposit
Imerys best in class mining and industrial technology to be adapted to the specific nature of the Beauvoir deposit Main stages of the process considered for the scoping study Mining Concentration Conversion Feldspar and Tin / Tantalum concentrate Ore Mica Lithium Concentrate Calcination, Crushing, Mi
Slide 8: Deposit attractiveness confirmed
Deposit attractiveness confirmed Resource: ● Following first drilling campaign, deposit attractiveness confirmed ● 117 mt of inferred resources with an average content of 0.9% of lithium oxide (Li2O), representing more than 1 mt Li2O, 0.13% of tin and 0.02% of tantalum ● Highest lithium grade for a kno
Slide 9: Responsible mining by design
Responsible mining by design ● Underground mine with tailings largely ● Targeting an existing industrial backfilled underground to minimize the 1 4 zone environmental impact as well as noise ● Maximize use of rail to avoid and dust truck transport and reduce ● Electrical fleet to minimize emissions, s
Slide 10: Project EMILI: potential for a European Lithium with best-in-class CO2 emissions
Project EMILI: potential for a European Lithium with best-in-class CO2 emissions Existing hard rock lithium sources are CO2 intensive CO2 emissions Hard rock - Mostly mined in Australia (tCO2 / tLCE): and converted in China reduced by half ● Lengthy logistics from the mine to the conversion plant to
Slide 11: Building on solid assets in terms of sustainability, Imerys will develop a responsible mine
Building on solid assets in terms of sustainability, Imerys will develop a responsible mine ● A local solution for the ● Generate value from co-products European market ● Design a low CO2 emissions ● Knowledge of local project vs. existing hard rock biodiversity operations ● Imerys’ long mining ● A
Slide 12: Project EMILI: strong economic fundamentals
Project EMILI: strong economic fundamentals Based on ongoing scoping study assumptions, EMILI Project offers an extraordinary potential for Imerys: • Lithium hydroxide production: 34 kt per year* • Lithium resources: sufficient to operate at least 25 years with potential for significantly more • Product
Slide 13: Project EMILI: a game changer for Imerys
Project EMILI: a game changer for Imerys ➢ Project EMILI potentially represents a game changer for Imerys, and which could position the Group among the top producers of Lithium in the world ➢ A dedicated structure and financing will be put in place in due time to support a rapid realization of the EM
Slide 14: Thank you for your attention
Thank you for your attention Visit https://emili.imerys.com/ for more information. Or connect with us: @imerys www.linkedin.com/company/imerys/ 14 October 24, 2022 | EMILI Project