Galan Lithium Limited · ASX:GLN
Galan Lithium — Investor Presentation (February 2020)
21 slides from Galan Lithium's investor presentation, February 2020
Slide 1: New High-Grade Lithium Brine Discovery in South America's Lithium Triangle
NEW HIGH-GRADE LITHIUM BRINE DISCOVERY IN SOUTH AMERICA’S LITHIUM TRIANGLE February 2020 ASX:GLN 9ch.etr
Slide 2: Disclaimer and Important Information
DISCLAIMER AND IMPORTANT INFORMATION
Slide 3: Galan Lithium Limited Investment Foundations
GALAN LITHIUM LIMITED INVESTMENT FOUNDATIONS. ✓ ✓ ✓ ✓ ✓ ✓ ✓ ▪ ▪
Slide 4: A Significant Investment Opportunity – The Right Place
A SIGNIFICANT INVESTMENT OPPORTUNITY – THE RIGHT PLACE.
Slide 5: Cost Curve – Lithium Supply Fundamentals
COST CURVE – LITHIUM SUPPY FUNDAMENTALS Source: CRU
Slide 6: South American Brines – Simplified Model
SOUTH AMERICAN BRINES – SIMPLIFIED MODEL Strong Competitive Advantage to Produce Lithium Carbonate at ~USD6/kg LCE (Capex included) SC: Spodumene concentrate LC :lithium carbonate LH: Lithium hydroxide Source: iLi Markets
Slide 7: …and Remains Competitive
…and, REMAINS COMPETITIVE Even when producing Lithium Hydroxide at ~USD8/kg LCE (Capex included) SC: Spodumene concentrate LC :lithium carbonate LH: Lithium hydroxide Source: iLi Markets
Slide 8: Galan - Placed Among the Best Projects in Argentina
GALAN - PLACED AMONG THE BEST PROJECTS IN ARGENTINA High grade/Low impurity brines setting SC: Spodumene concentrate LC :lithium carbonate LH: Lithium hydroxide Source: iLi Markets Nb: No resources figures publicly available for Livent’s Fenix operation
Slide 9: Impurities – Project Comparisons
IMPURITIES – PROJECT COMPARISONS Low impurity brines setting Source: iLi Markets
Slide 10: Corporate Structure
CORPORATE STRUCTURE Capital Structure Performance Shares GLN Shares Shares 161,647,674 Vendor Class B Shares Upon the commencement of commercial production from a 10,000,000 Unquoted Options 5,350,000 Options exercisable $0.60, 31 Aug. 2020 pilot plant 4,000,000 Options exercisable $0.3438, 11 June
Slide 11: Highly Experienced Board
HIGHLY EXPERIENCED BOARD A civil industrial An experienced engineer Mr Jimenez corporate lawyer who has worked for world has extensive board leader in the lithium and operational industry Sociedad experience in the Química y Minera de resources and energy Chile (NYSE:SQM, sectors. Richard is Santiag
Slide 12: Hombre Muerto: Tier Location Worldwide for Li Brines
HOMBRE MUERTO: TIER 1 LOCATION WORLDWIDE FOR Li Northern Sal de Vida Market Cap: ~US$16bn BRINES Fenix Operation Market Cap: ~US$1.1bn Sal de Vida Market Cap: ~A$415m Candelas project Market Cap: ~A$28m
Slide 13: Candelas Maiden Resource
CANDELAS MAIDEN RESOURCE CANDELAS NORTH ZONE 685kt LCE @ 672 mg/l Li Resource Li LCE K K KCI Category (mg/l) (t) (mg/l) (t) (t) CANDELAS NORTH Indicated 496 888,020 5,193 1,734,090 3,306,900 CANDELAS CENTRAL Inferred 130 270,600 2,024 846,170 1,613,640 nb; Reported at zero cut-off grade
Slide 14: Hombre Muerto West (HMW), Ex-Western Basin
HOMBRE MUERTO WEST (HMW), EX- WESTERN BASIN >
Slide 15: Hombre Muerto West Pata Pila & Rana de Sal Discoveries
HOMBRE MUERTO WEST PATA PILA & RANA DE SAL DISCOVERIES Sampling Sample From To S.G. Cond. Li Mg Mg/Li Method No. (m) (m) (mg/l) (mS/Cm2) mg/l mg/l Bailer 607 99 121 1.220 >200 938 1,338 1.43 Bailer 608 Failed Test Packer 609 254 301.5 1.222 >200 902 1,570 1.74 Packer 610 493 541 1.219 >200 902 1,440
Slide 16: ASX Company Comparisons
ASX COMPANY COMPARISONS LITHIUM BRINES COMPARATIVE TABLE (ASX Co.s) Company Resource Average grade Project Status Preferred LCE (mg/l Li) Processing Route GLN 685kt 672 JORC resource estimate Under study, completed PFS commencing AGY 245kt 325 PEA completed, targeting Conventional industrial product
Slide 17: Achievements and Indicative Next Steps
ACHIEVEMENTS AND INDICATIVE NEXT STEPS ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓
Slide 18: Achievements and Indicative Next Steps
ACHIEVEMENTS AND INDICATIVE NEXT STEPS Tasks CY 2018 CY 2019 CY 2020 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 CANDELAS Geophysics & mapping Drilling Permits Drilling JORC Resource Pre-Feasibility Study Pilot Plant WESTERN TENEMENTS Drilling Permits Drilling JORC Resource
Slide 19: Argentina – A Pro-Mining & Investment Destination
ARGENTINA – A PRO-MINING & INVESTMENT DESTINATION From left to right and attending the 2019 IMARC conference in Melbourne: Mr. Raul Jalil (newly elected Governor of Catamarca), Ms Lucia Corpacci (current Governor of Catamarca), GLN’s Managing Director Mr. JP Vargas de la Vega and the Mines Minister
Slide 20: Galan Lithium Limited Investment Foundations
GALAN LITHIUM LIMITED INVESTMENT FOUNDATIONS ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓
Slide 21: Fast Tracking to Lithium Carbonate Production in South America's Lithium Triangle
FAST TRACKING TO LITHIUM CARBONATE PRODUCTION IN SOUTH AMERICA’S LITHIUM TRIANGLE Level 2, 38 Richardson Street, West Perth, WA 6005 PO Box 396, West Perth, WA, 6872 Ph. +61 8 9322 6283 Fax. +61 8 9322 6398 www.galanlithium.com.au ASX:GLN
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