Elevra Lithium Limited · ASX:ELV
Elevra Lithium — Investor Presentation (March 2025)
26 slides from Elevra Lithium's investor presentation, Mar 3, 2025
Slide 1: Investor Presentation
Investor Presentation February / March 2025 ASX:SYA | OTCQB:SYAXF
Slide 2: Agenda
Agenda Introduction Operational and Financial Performance Merger Update Lithium Market and Guidance 2
Slide 3: Sayona overview
Sayona overview ASX:SYA OTCQB: SYAXF Strong operational experience Corporate Lucas Dow – MD & CEO A highly experienced mining executive, Lucas has a proven track record of Market Capitalisation (ASX) outstanding performance across a diverse range of businesses, commodities and geographies, skills wh
Slide 4: North America's leading producer of hard-rock lithium
North America’s leading producer of hard-rock lithium North American Lithium Moblan Lithium Project Largest NA lithium producer Sayona’s next flagship project 87.9Mt @ 1.13%1 93.1Mt @ 1.21%2 • Only major North American lithium • Emerging hard-rock deposit producer • Close to major infrastructure suc
Slide 5: North American Lithium
North American Lithium Focused on resource extension and infill for potential JORC category increase Additional drilling of 53,444m completed in CY24 Supported by utilisation of Flow Through Share funding High-grade lithium mineralisation confirmed beyond existing estimates Supports potential brownf
Slide 6: Moblan
Moblan Focused on resource extension and infill for potential JORC category increase Additional drilling of 76,202m completed in CY24 Financed by utilisation of Flow Through Share funding New results confirm Moblan’s resource growth potential Further drill results expected in coming months New MRE t
Slide 7: Operational and Financial Performance
Operational and Financial Performance 7
Slide 8: FY25 Half Year Highlights
FY25 Half Year Highlights1 North American Lithium achieves consistently strong production Production Financial Corporate 103,063 DRY METRIC TONNES $122M Merger with Piedmont Lithium announced UP 57% REVENUE Successful A$38 million capital raise Sales Nov. 2024 115,027 DRY METRIC TONNES $110M Conditi
Slide 9: NAL Operational Performance
NAL Operational Performance Delivering Production NAL Global Recovery and Mill Utilisation NAL Concentrate Production and Unit Operating Costs in line with budget • Continued increase 100% 1,536 80,000 1,506 1600 in ore mined up 12% 91% 90% 1,397 against PCP 90% 1,335 83% 70,000 1400 1,231 1,280 • P
Slide 10: Merger Update
Merger Update 10
Slide 11: Merger Transaction Structure
Merger Transaction Structure Overview of the merger MergeCo • Newly-formed US subsidiary of Sayona to merge with and into Piedmont, subject to shareholder approvals. • Sayona will be the ultimate parent entity (i.e. “MergeCo”) with Piedmont ASX primary listing as a wholly owned subsidiary. Nasdaq se
Slide 12: Positioned to be a North American Lithium Champion
Positioned to be a North American Lithium Champion North America Hard Rock Lithium Producers North American LOM Avg. Spodumene Concentrate Capacity (ktpa SC6 equivalent)(1) North American #1 Currently the largest permitted & producing hard- 593 569 pure-play hard rock lithium mine in North rock lith
Slide 13: Combined Scale Enhances Growth Pipeline and Provides Flexibility to Optimise Development
Combined Scale Enhances Growth Pipeline and Provides Flexibility to Optimise Development Sayona Project Piedmont Project Growth Pipeline (1)(2) Operating Assets Brownfield Expansions Advanced Projects Early-stage Projects NAL Upstream NAL Upstream Expansion Authier Killick + 190ktpa(4) Carolina Lith
Slide 14: Current status of merger
Current status of merger Regulatory and procedural Corporate and implementation CFIUS (US national security) Draft SEC F-4 Registration MergeCo Board composition New website underway filing accepted – awaiting ruling Statement prepared – review near finalised and feedback from SEC is typically 1 – 2
Slide 15: Lithium Market and Guidance
Lithium Market and Guidance 15
Slide 16: Spodumene Prices Have Continued to Recover; Lithium Hydroxide Futures Remain Strongly in Contango
Spodumene Prices Have Continued to Recover; Lithium Hydroxide Futures Remain Strongly in Contango • Lithium Hydroxide futures market remains in contango providing higher • Spodumene Concentrate prices have recovered from multi-year lows prices for future sales volume as industry responds to supply c
Slide 17: FY25 Guidance
FY25 Guidance5 Spodumene Spodumene Unit Operating Capital Exploration H2FY25 Shipment Concentrate Concentrate Sales Costs (1,4) Expenditure (1,2) Expenditure (1,3) Volumes (Q3vQ4) Production 190,000- 200,000- A$1,150- ~A$20M ~A$30M Q3 ~ 30% 210,000 230,000 A$1,300 Q4 ~ 70% DRY METRIC TONNES DRY METR
Slide 18: Connect with us.
Connect with us. Sayona Mining Limited ACN 091 951 978 ASX:SYAOTCQB:SYAXF Level 28, 10 Eagle Street Brisbane, Queensland, 4000 Australia info@sayonamining.com.au sayonamining.com.au +61 (7) 3369 7058 @SayonaMining
Slide 19: Appendix
Appendix
Slide 20: NAL Quarterly Physicals and Operational Metrics
NAL Quarterly Physicals and Operational Metrics FY24 FY23 FY25 FY24 H1 UOM Q1 Q2 Q3 Q4 FY24 Q1 Q2 H1 FY25 H1 FY24 H1 FY25 Variance Physicals1 Ore Mined kwmt 224 322 351 234 1,132 240 370 611 547 611 12% Ore Crushed kwmt 259 276 264 312 1,112 362 343 705 535 705 32% Spodumene Concentrate Produced kdm
Slide 21: Sayona Mineral Resources
Sayona Mineral Resources Tonnage Grade Contained Metal Contained LCE Asset Classification (Mt)1 (% Li2O) (kt Li2O) kt Measured 0.9 1.11% 10 25 Indicated 71.1 1.14% 811 2,004 NAL (Sayona 75% equity) 2 M+I 72.1 1.14% 821 2,029 Inferred 15.8 1.05% 166 410 Measured 6.0 0.98% 59 145 Indicated 8.1 1.03% 8
Slide 22: Sayona Mineral Reserves
Sayona Mineral Reserves Proved Ore Reserves Probable Ore Reserves Total Ore Reserves Cut-off Ownership grade Tonnes Grade Metal(1) Tonnes Grade Metal(1) Tonnes Grade Metal(1) Project interest % %Li20 kt % Li2O kt Li2O kt % Li2O kt Li2O kt % Li2O kt Li2O Authier Open Pit 75 0.55 6,200 0.93 57.6 5,100
Slide 23: Piedmont Mineral Resources (100% basis)
Piedmont Mineral Resources (100% basis) Tonnage(1) Grade Contained Metal Contained LCE Asset Classification (Mt) (% Li2O) (kt Li2O) kt Measured 0.9 1.11% 10 25 Indicated 71.1 1.14% 811 2,004 NAL (Piedmont 25% equity)(2) M+I 72.1 1.14% 821 2,029 Inferred 15.8 1.05% 166 410 Measured 6.0 0.98% 59 145 A
Slide 24: Piedmont Ore Reserves (100% basis)
Piedmont Ore Reserves (100% basis) Tonnage(1) Grade Contained Metal Contained LCE Asset Classification (Mt) (% Li2O) (kt Li2O) kt Proven 0.2 1.09% 2 5 NAL Probable 19.9 1.09% 217 536 (Piedmont 25% equity)(2) Total 20.1 1.09% 219 542 Proven 6.2 0.93% 58 143 Authier (Piedmont 25% equity)(3) Probable 5
Slide 25: Supporting data: Positioned to be a North American Lithium Champion
Supporting data: Positioned to be a North American Lithium Champion Attr. Capacity Attr. Capacity Company Asset Country Ownership (1) (1) Source Date (ktpa SC) (ktpa SC6 eqv.) Piedmont Company Presentation - Offering Near-term Leverage to Carolina USA 100.0% 242 242 24-Oct-24 Lithium Prices Piedmont
Slide 26: Important Information and Disclaimer
Important Information and Disclaimer Important Information and Disclaimer Disclaimer Sayona Mining Limited undertakes no obligation to update any forward-looking statement or other statement to reflect events or Statements in this presentation are made only as of the date of this No representation o