European Metals Holdings Ltd · LSE:EMH
European Metals — Investor Presentation (May 2022)
24 slides from European Metals's investor presentation, May 2022
Slide 1: Ethically-sourced European battery metals to power Europe's sustainable future
The Cinovec Project Ethically-sourced European battery metals to power Europe’s sustainable future May 2022
Slide 2: Disclaimer & Cautionary Statement
DISCLAIMER & CAUTIONARY STATEMENT DISCLAIMER This presentation has been prepared by European Metals Limited (“European Metals” or the “Company”). It is not a disclosure document and should not be considered as an offer or invitation to subscribe for, or purchase any securities in the Company or as a
Slide 3: European Metals Holdings
EUROPEAN METALS HOLDINGS Keith Coughlan Executive Chairman (Australia) POWERING SUSTAINABLE EUROPEAN E-MOBILITY Richard Pavlik Executive Director (Czech Republic) Kiran Morzaria Non-Executive Director (UK) Integrated mine & lithium processing plant Lincoln Bloomfield Non-Executive Director (USA) Dav
Slide 4: EU Auto Regulations Support Significant EV Uptake
EU AUTO REGULATIONS SUPPORT SIGNIFICANT EV UPTAKE EU spends big on Just Transition Fund climate change €40 billion fund to €1 Trillion to be spent transition fossil fuels to on European Green green energy Deal by 2030 EU EU self sufficiency EU CO2 targets tighten Targeting 80% lithium €billions pote
Slide 5: European EV Sales Booming
EUROPEAN EV SALES BOOMING New Car Sales March - 2022 Other 0.8% PHEV Other 6.6% PHEV 11.3% PHEV 6.2% Diesel 7.9% 5.6% Petrol 34.9% Petrol Diesel Diesel 39.1% Petrol 18.7% 14.3% 42.0% HEV (plugless) 29.6% HEV (plugless) HEV (plugless) BEV 18.9% 20.1% 14.3% BEV BEV 13.5% 16.1% Germany France United Ki
Slide 6: European EV Sales Are the Future
EUROPEAN EV SALES ARE THE FUTURE Norway 86.1% full battery electrics CO2 emissions taxes came into effect January 2022 Sales in March 2022 92% 5.8% plugin hybrids CO2 emitting car costs to rise by 5% - 10% Petrol-only Only 2.8% combustion Record EV Market Share *EV = BEV & PHEV Source PFA/Clean Tech
Slide 7: Europe Driving Exponential Global EV Sales Growth
EUROPE DRIVING EXPONENTIAL GLOBAL EV SALES GROWTH Tesla Berlin 39M VW goal Largest battery 22 million EVs in 10 years gigafactory in the world (Oct 2021 Completed) 15M 3.2M 2020 2025 2030 European EV Sales Source RK Equity
Slide 8: Battery Grade Hydroxide Undersupply
BATTERY GRADE HYDROXIDE UNDERSUPPLY LITHIUM “The irreplaceable element for the electric era” VW DEMAND / SUPPLY HYDROXIDE For high energy, long range batteries CHINA RELIANCE 83% global hydroxide production UNDERSUPPLY EUROPE 80% self sufficiency target by 2025 Source: RK Equity
Slide 9: Cinovec - Largest Hard Rock Project in EU
CINOVEC - LARGEST HARD ROCK PROJECT IN EU 8 7.39 Rest of Bigger than all other hard rock the EU projects in the EU combined (Mt 6 Cinovec contained LCE) 65.5% 4 2 1.68 0.73 0.71 0.38 0.27 European Infinity Zinnwald Savannah Keliber European Metals Lithium Lithium Resources Lithium
Slide 10: Proximity to End Users
PROXIMITY TO END USERS Localized hydroxide close to key cathode, Cinovec battery & auto makers. Critical for EU’s 80% supply security target
Slide 11: The Czech Republic
THE CZECH REPUBLIC In heart of Europe Over 90% of its exports are to European countries with 32% to Germany alone Business friendly Stable political and economic environment. Member of the European Union and low corporate income tax rate of 19% World Class Infrastructure Road and rail services avail
Slide 12: High Quality Infrastructure
HIGH QUALITY INFRASTRUCTURE Fast low cost transportation of lithium concentrate to chemical MINE plant CHEMICAL PLANT Adjacent to road and rail lines connecting Cinovec to ROAD European customers RAIL Solar power/Green energy close by mine and processing site along with established water POWER WATER
Slide 13: Positive ESG Profile
POSITIVE ESG PROFILE Solar power proposed Recycled Short, localized water/reagents supply chain Electric mining Strong community fleet proposed support Historic Mine Coal transition/rehabilitation Benign reagents Single roast low-heat potentially using Use of green Hypex Green Hydrogen Bio Explosive
Slide 14: LCA – World Leading Decarbonised Case
LCA – WORLD LEADING DECARBONISED CASE ● Use of Solar Power/Green Energy ● Electric Mining Fleet ● Hypex Bio Explosive ● Use of Green Hydrogen
Slide 15: Strategic Partnerships
STRATEGIC PARTNERSHIPS ● Czech national power company Mkt Cap EUR17B ● Strong community and government relationships ● Invested EUR 29m at project level ● Heading consortium to build Li ion battery factory in Czech ● Significant investment in green energy solutions for Cinovec ● Principal facilitato
Slide 16: PFS Highlights
PFS HIGHLIGHTS Annual production 29,386 tpa battery grade LiOH.H2O $1.938 7.39 Mt LCE Billion 0.64 Mt LCE measured Total JORC resource 3.88 Mt LCE indicated NPV 2.87 Mt LCE inferred (8%, after tax) Construction Capital costs $643.8 million Operating costs $6,727/t LiOH.H2O 36.3% (without credits) IR
Slide 17: Catalysts to Drive Shareholder Wealth
CATALYSTS TO DRIVE SHAREHOLDER WEALTH Key Accomplishments Appointment of lead engineer Partnership agreement with EU body Strategic partnership with CEZ – project fully funded to FID Completion of PFS demonstrating strong economics and low cost of production for underground mining Production of batt
Slide 18: Board & Management Team
BOARD & MANAGEMENT TEAM KEITH COUGHLAN RICHARD PAVLIK KIRAN MORZARIA LINCOLN BLOOMFIELD (AUS) (CZ) (GB) (USA) MANAGING DIRECTOR EXECUTIVE DIRECTOR NON EXECUTIVE DIRECTOR NON EXECUTIVE DIRECTOR CEO & Director of EMH’s largest shareholder, Former US Ambassador & official specialising 30 years stockbro
Slide 19: European Metals Holdings
EUROPEAN METALS HOLDINGS ASX : EMH LON : EMH NASDAQ : ERPNF Frankfurt : E861.F Keith Coughlan Executive Chairman +61 419 996 333 keith@europeanmet.com www.europeanmet.com
Slide 20: Project Summary
PROJECT SUMMARY • Large 2.25mtpa underground mining operation with paste backfill. • Underground crushing and conveyor to surface milling. • Slurry pipeline to beneficiation plant. • Wet magnetic separation of lithium concentrate. • Locked Cycle Test verfies production of lithium hydroxide or carbon
Slide 21: Underground Mine
UNDERGROUND MINE Historic underground mine for high-grade tin/tungsten veins, closed in 1993. Over 89,000m historic diamond drilling, 21.5km historic drive development. EMH confirmation drilling 20,756m, further geotech drilling in progress. CINOVEC OCTOBER 2021 RESOURCE SUMMARY The upper portion of
Slide 22: Cinovec - Long Section
CINOVEC - LONG SECTION 900 N S 800 700 600 500 Hole From To Width Li2O% Hole From To Width Li2O% CIW-25 9.5 373 361.5 0.43 CN-17 22 224 202 0.62 CIW-26 173.75 410 236.25 0.49 CIW-22 123 387.5 264.5 0.54 CN-86 81.8 230.9 149.1 0.48 CN-81 1 224 223 0.52
Slide 23: Cinovec – Resource Aerial View
CINOVEC – Resource Aerial View
Slide 24: Process Flowsheet
PROCESS FLOWSHEET LIMESTONE GYPSUM MICA WATER CONCENTRATE RESIDUE TO TAILINGS ROAST LEACH FILTER SODIUM SULPHATE SODIUM SULPHATE RECYCLE IMPURITY REMOVAL REMOVAL EVAPORATION SODIUM CARBONATE BATTERY GRADE LITHIUM CARBONATE LITHIUM CARBONATE PRECIPITATION POTASSIUM SULPHATE GLASERITE DECOMPOSITION CR
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