Cleantech Lithium Plc · LSE:CTL
Cleantech Lithium — Benchmark Minerals (October 2024)
26 slides from Cleantech Lithium's conference presentation, Oct 2, 2024
Slide 1: The next-generation of lithium production from Chile
AIM: CTL | OTCQX: CTLHF Company Presentation l October 2024 The next-generation of lithium production from Chile Benchmark Minerals October 2nd 2024 CleanTech Lithium | Company Presentation 2024 1
Slide 2: Disclaimer
Disclaimer This presentation (“Presentation”) is being supplied to you solely for your information. The Presentation has been prepared by, and is the sole responsibility of CleanTech Lithium (the “Company”, or “CleanTech” or “CTL”). The directors of the Company have taken all reasonable care to ensu
Slide 3: Premium lithium product for the EV and Energy Storage Market
CleanTech Lithium (AIM: CTL) Premium lithium product for the EV and Energy Storage Market Scoping studies completed for two projects, robust economics PFS underway on Laguna Verde project led by Worley DLE to be powered by Chile’s abundant renewable power DLE pilot plant producing high quality eluat
Slide 4: Lithium demand rising strongly
Lithium demand rising strongly Market expected to be in deficit from 2028 Demand set to grow by 30+% per annum Canaccord estimates LCE demand to (2022-2030) – in line with rapid uptake of reach 2.9 million tonnes in 2030, versus EVs and energy storage systems supply of 2.5 million tonnes CleanTech L
Slide 5: Why CleanTech Lithium and What Next
Summary Why CleanTech Lithium and What Next Leader in exploration & development of DLE based projects in key lithium jurisdiction of Chile Targeting Q4 2024 for ASX trading Q4 2024 maiden reserve and updated JORC resource estimate for Laguna Verde project First production of battery-grade lithium De
Slide 6: Board that has Delivered Commercial Projects
CTL's leadership team has extensive in-country and international experience Backed by growing team in Chile with the right skills to Board that has Delivered Commercial Projects bring CTL’s projects into production Dr. Steve Kesler Gordon Stein Maha Daoudi Tommy McKeith Jonathan Exec-Chairman + CFO
Slide 7: Our Projects
Our Projects Drill rig in place at Laguna Verde, 2023 CleanTech Lithium | Company Presentation 2024 7
Slide 8: Projects - introduction
Projects - introduction Located in established mining districts Laguna Verde is the flagship asset at Pre-Feasibility Study (PFS) stage Two scoping studies completed in 2023 with Laguna Verde and second asset Viento Andino Combined JORC compliant estimate of 2.72Mt LCE resource CleanTech Lithium | C
Slide 9: Laguna Verde
Project 1 Laguna Verde JORC Resource Measured Indicated M+I Inferred Total Lithium (mt LCE) 0.5 0.7 1.1 0.7 1.8 Grade (mg/l Li) 199 194 196 208 200 JORC resource of 1.8 million tonnes LCE, 1.1mt M&I Active Q1/Q2 2024 drilling campaign to convert resources to reserves 217km2 licence area 275km to min
Slide 10: Viento Andino
Project 2 Viento Andino JORC Resource Measured Indicated M+I Inferred Total Lithium (mt LCE) 0.0 0.44 0.44 0.48 0.92 Grade (mg/l Li) n/a 221 221 195 207 Second project – CTL’s new lithium discovery 2022 127km2 licence area – located within 100km of Laguna Verde, similar key infrastructure Water and
Slide 11: Exploration Upside
Arenas Blancas and Llamara – Projects 3 & 4 map Exploration Upside Arenas Blancas – new opportunity Llamara - early stage 377km2 Latest project 605km2 Large basin LICENCE AREA IN LARGEST LITHIUM PRODUCING REGION LICENCE AREA Located within Salar de Atacama basin (30% of global In 2023, CTL carried o
Slide 12: Direct Lithium Extraction
Direct Lithium Extraction Digital interpretation of a drilling well accessing the sub-surface aquifer at Laguna Verde. CleanTech Lithium | Company Presentation 2024 12
Slide 13: Selective Extraction of Lithium from Brine
Direct Lithium Extraction (DLE) Selective Extraction of Lithium from Brine DLE has been used for more than 20 years by Livent in Argentina, and more recently in China. Much higher recoveries than evaporation ponds Short production (1 to 2 days) vs evaporation ponds (12 to 24 months) Low environmenta
Slide 14: Our Pilot Plant in Copiapó
Our Pilot Plant in Copiapó CTL’s Pilot Plant began operation in late Q1 2024 Designed for 1 tonne per month LCE, hourly through- put data has exceeded this Blue columns are loaded with lithium adsorbent from Lanshen Plant is producing high quality concentrated eluate Eluate shipped to partner in N.
Slide 15: Pilot Plant and Downstream Process
Pilot Plant and Downstream Process CTL Pilot Plant: Conductive Energy Lithium Concentrated 11.2X Concentrate 3.6X Concentrate 3.1X DOWNSTREAM PROCESS TO CONVERT TO LITHIUM PRODUCT 197 mg/L 710 mg/L 2,194mg/L (CONCENTRATION, IMPURITY REMOVAL, CARBONATION) BRINE DLE REVERSE OSMOSIS Laguna Verde DLE Un
Slide 16: Process Optimised for Battery Grade Samples
Process Optimised for Battery Grade Samples Produced battery-grade lithium carbonate with 99.75% purity Pilot plant first stage production completed: 88m3 of concentrated eluate (approx. 1 tonne LCE) Total recovery of 88% for lithium from feed brine into eluate with very high impurity rejection rate
Slide 17: Accessing Existing Power and Minimising Water Loss
Delivering the projects Accessing Existing Power and Minimising Water Loss Power Water Evaporation Chile’s existing power grid has one of the highest ponds renewable energy capacities in the world >100m3 of water loss1 per 1 tonne LCE CTL plans to lock in a 100% renewable energy PPA for 24/7 year-ro
Slide 18: Strong Stakeholder Relationships based on Co-designed Agreement with Local Communities
ESG-led approach Strong Stakeholder Relationships based on Co-designed Agreement with Local Communities Early engagement with indigenous communities has led to an agreement to collaborate on EIA and CEOL permitting process CleanTech is collaborating with local universities to mutually develop DLE ex
Slide 19: Funding Strategy
Delivering the projects Funding Strategy Deliver Robust PFS: On completion of the PFS in late 2024 to engage with strategic investors for offtake and project funding. Strategic Partners: Fund development via offtake, equity and debt. Trade Relations: Chile has an FTA with the USA and EU has import c
Slide 20: Thank you
Thank you For more information, please contact: info@ctlithium.com CleanTech Lithium | Company Presentation 2024 20
Slide 21: Update on CEOL Process
Update on CEOL Process Laguna Verde prioritised by the Chilean Government as one of six salt flats for which the CEOL awarding process will start. Streamlined process and eligible companies must meet certain criteria. Indigenous community consultations to start in Oct 2024. The next stage of the pro
Slide 22: Operational and Management Team with the Right Skills
Team to deliver Operational and Management Team with the Right Skills Jason Baverstock* Sabine Macaya Rodrigo Rivas Marcela Sepulveda María Fernanda Rojas Dermot Boylan Executive Strategy Operations DLE Community Senior Hydrogeologist Group Financial & Development Manager Processes Relations Control
Slide 23: Scoping Study Summaries
Laguna Verde and Viento Andino Scoping Study Summaries Highlights Laguna Verde (Jan 2023) Viento Andino (Sept 2023) Production of lithium carbonate tonnes per annum 20,000 Up to 20,000 Estimated Operational Life 30 years c. 12 years Production Capex US$384m US$450m Opex US$3,875 per tonne US$3,641 p
Slide 24: Mineral Resources / Production Targets
Mineral Resources / Production Targets • Production Target for the Laguna Verde project on slide 7 is extracted from the release entitled Scoping Study – Laguna Verde Lithium Project dated 05 January 2023; • Mineral Resource estimate for the Laguna Verde project on slide 14 is extracted from the rel
Slide 25: References
References Lithium supply https://investingnews.com/battery-raw-materials-supply-cliff/ Lithium demand https://www.mckinsey.com/industries/automotive-and-assembly/our-insights/battery- 2030-resilient-sustainable-and-circular Chile’s lithium resource https://www.statista.com/statistics/268790/countri
Slide 26: Contact Us
Contact Us Jersey Chile Investor Relations CleanTech Lithium plc, de Carteret House, Lo Fontecilla 101 Felicity Winkles/ Philip Dennis/ Ali AlQahtani Castle Street, St Helier, Jersey, JE2 3BT. Office 716, Las Condes Celicourt Communications Santiago de Chile E: info@ctlithium.com E: ctl@celicourt.uk
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