Infinity Metals Limited · ASX:INF
Infinity Metals — Infinity Lithium — Spark Plus Singapore Mining Day 2023
24 slides from Infinity Metals's conference presentation, Sep 15, 2023
Slide 1: Infinity to Present at the Spark Plus Mining Day Conference in Singapore
INFINITY TO PRESENT AT THE SPARK PLUS MINING DAY CONFERENCE IN SINGAPORE Infinity Lithium Corporation Limited (‘Infinity’, or ‘the Company’) Managing Director and CEO, Ryan Parkin is pleased to be presenting at the Singapore Mining Day Conference hosted by Spark Plus today. A copy of the presentatio
Slide 2: Singapore Mining Day
SINGAPORE MINING DAY 15 September 2023 19, 20 & 21 OCTOBER 20 WWW.INFINITYLITHIUM.COM
Slide 3: Disclaimer: Cautionary Statement
INFINITY LITHIUM DISCLAIMER Cautionary Statement The Scoping Study referred to in this announcement has been undertaken to assess the viability of an underground-only mining operation and integrated lithium chemical production facility at the San José Lithium Project. It is a preliminary technical a
Slide 4: Disclaimer
INFINITY LITHIUM DISCLAIMER For Consideration This presentation has been prepared by Infinity Lithium Corporation Limited “Infinity Lithium”. This document contains background information about Infinity Lithium current at the date of this presentation. The presentation is in summary form and does no
Slide 5: Corporate Information, Board of Directors and Management
CORPORATE INFORMATION (ASX:INF) Shares on issue ~ 462.6m Options, SARS ~ 52.2m Share price (1) A$0.092 • Market Cap (2) A$42.6m Cash (3) (Debt: nil) A$12.3m • BOARD OF DIRECTORS Adrian Byass Non - Executive Chairman Ryan Parkin CEO & Managing Director • Ramón Jiménez CEO Extremadura New Energies Jon
Slide 6: WWW. INFINITYLITHIUM.COM
INFINITY LITHIUM WWW. INFINITYLITHIUM.COM One of Europe’s largest hard rock lithium deposits —- JORC defined Lithium chemical conversion plant to be built on-site Long life - 26 years of production with expansion potential Mining licence application to be submitted in Q4 2023 Exploration Permit (‘PE
Slide 7: WWW. INFINITYLITHIUM.COM
INFINITY LITHIUM WWW. INFINITYLITHIUM.COM MSJ-DD-0011 Open © = #3713008 +4 ‘MSJ-DD-0012 Open “3 ra j293908 INFINITY Refer to ASX announcement 14 October 2021 Underground Mine & Processing Scoping Study LITHIUM
Slide 8: EU's 2nd Largest Hard Rock Deposit
INFINITY LITHIUM EU’s 2" LARGEST HARD ROCK DEPOSIT CLASS TONNES (MT) LI(%) LI20 (%) Indicated Resources 59.0 0.29 063 Inferred Resources 52.2 0.27 0.59 TOTAL m3 0.28 061 Table 1: 2018 MRE San José at a 1000ppm lithium cut-off CLASS TONNES (MT) LI(%) LI20 (%) Indicated Resources 36.80 0.35 O72 Inferr
Slide 9: a. . eee]
INFINITY LITHIUM a. . eee] | cee Headframe T 4 ie x “I , - ee eet ; ot e= = : # SRA oo re ees hy ai i orm ms aoe balsticl -_ INFINITY WWW. INFINITYLITHIUM.COM Refer to ASX announcement 14 October 2021 Underground Mine & Processing Scoping Study LITHIUM
Slide 10: Jon Starink, Chief Technical Officer; Dr David Maree, Chief Process Engineer
Jon Starink Chief Technical Officer Dr David Maree Chief Process Engineer
Slide 11: Innovative Process Technology
INFINITY LITHIUM INNOVATIVE PROCESS TECHNOLOGY Reduced Residence & Processing Times: Simplified and fast conversion process Reduced Unit Operations: No beneficiation & calcining through simplified processing Co-Generation of Energy: Innovative generation & use of energy to minimise net energy consum
Slide 12: Conversion Process for San José
INFINITY LITHIUM Conversion Process for San José Da’ Industry Standard Hard Rock Conversion Process j ' F de OD Not required with Li-Stream RPK™ INFINITY LITHIUM PURIFICATION & LEACHING — CRYTALLISATION WWW. INFINITYLITHIUM.COM
Slide 13: Permitting & Land Status
INFINITY LITHIUM Y PERMITTING & LAND STATUS: Environmental Impact Assessment Scoping Document [E% WWW. INFINITYLITHIUM.COM @) Exploration Permit * Exploration Permit Extremadura S.E. granted over extended project area fe =. San José lithium deposit * Collaboration with regional government and stakeh
Slide 14: Sustainability and Community
INFINITY LITHIUM SUSTAINABILITY AND COMMUNITY Underground extraction of feedstock: No disturbance to surface Underground paste infill: Majority of inert waste materials returned underground reducing surface tailings Secondary market uses for remaining by-products: Construction, chemical and agricult
Slide 15: Scoping Study Key Metrics
Annual Production of lithium hydroxide1 19,480t/y LOM 26 years NPV₁₀ Pre-tax US$811M IRR Pre-tax 25.7% Price LOM of lithium hydroxide2 US$17,000/t Spot Price of lithium hydroxide3 US$47,600 Total Revenue Lithium hydroxide US$7.9Bn CAPEX4 (Pre-production) US$459M OPEX5 US$6,399/t Capital Intensity6 $
Slide 16: Critical Raw Materials Act
INFINITY LITHIUM Critical Raw Materials Act (23) mandating the following: a igo Q Vitoria Cera & Q Palencia r) Barcelona At least of the EU’s x, acon annual consumption for = Q martoren extraction Q vitaverde Proposed Gigafactory ‘MADRID Illescas At least of the EU’s CACERES 9 annual consumption for
Slide 17: Roadmap Forward
INFINITY LITHIUM ROADMAP FORWARD KEY RECENT ACCOMPLISHMENTS IN PROGRESS ° Exploration permit granted * Class 4 feasibility studies & updated project economics * ElA scoping document response - collaboration * Exploitation Concession Application submission with key stakeholders targeted for Q4 2023 °
Slide 18: Summary
INFINITY LITHIUM “Lithium ore is quite common throughout the world. SUMMARY The limiting factor is lithium refining.” “Refining matters more than ore.” | -Elon Musk, 10 September 2023 * Large, long-life resource utilised as va feedstock for fully integrated lithium a chemical conversion plant ° Tech
Slide 19: Slide 19
Slide 20: Appendix 1: Global Demand Forecasts Based on LIB Manufacturing Capacity
INFINITY LITHIUM APPENDIX 1: GLOBAL DEMAND FORECASTS BASED ON LIB MANUFACTURING CAPACITY European gigafactories represent 1,107GWh (2030) Total Global Estimated Demand: Conservative utilisation / scrap rates. een 2.9Mt LCE 1,030kt LCE 8000 Global Battery Manufacturing Capacity” 3000 LCE Demand 2500
Slide 21: Plug-In Electric Car Sales in Europe
INFINITY LITHIUM Plug-In Electric Car Sales In Europe INSIDEEVs Plug-in electric car registrations in Spain INSIDEEVs Jn Feb Mar Apr May un Jul = Aug Sy 2021, 2022 INFINITY LITHIUM WWW. INFINITYLITHIUM.COM 1. Inside EV's 6 August 2023- https: 2. Inside EV's 20 July 2023 - tty insideevs.com/news/6804
Slide 22: Permitting Timeline
Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023
Slide 23: Appendix 4: Permitting - European and Regional Focus
INFINITY LITHIUM APPENDIX 4: PERMITTING - EUROPEAN AND REGIONAL FOCUS Projects Status Critical Raw Materials Act Application to be recognised as Strategic Projects | JUNTA DE EXTREMADURA Lithium Decree Law Application to be recognised as projects of regional and public interest Permitting Permitting
Slide 24: Jon Starink, Dr David Maree
• • • • • • • • Jon Starink Chief Technical Officer • Jon Starink Chief Technical Officer • • • • • • Dr David Maree • Chief Process Engineer Dr David Maree Chief Process Engineer
Infinity Lithium — Spark Plus Singapore Mining Day 2023 on 6ix