Galan Lithium Limited · ASX:GLN
Galan Lithium — Diggers & Dealers August 2024
15 slides from Galan Lithium's conference presentation, Aug 5, 2024
Slide 1: Investor Presentation Diggers & Dealers August 2024
For personal use only INVESTOR PRESENTATION DIGGERS & DEALERS AUGUST 2024
Slide 2: Disclaimers & Forward Looking Statements
DISCLAIMERS & FORWARD LOOKING STATEMENTS This presentation has been prepared by Galan Lithium Limited. Competent Persons The information contained herein that relates to exploration results and geology is based on information compiled or reviewed by Dr Luke Milan, who has consulted to the Company. D
Slide 3: A Rare Opportunity
A RARE OPPORTUNITY Executing a phased development of the highest quality lithium brine resources For personal use only ▪ Near term lithium concentrate production from Hombre Muerto West (HMW) the highest grade, lowest impurity lithium project in Argentina 1 ▪ Scale and grade - 8.6 Mt of LCE at 859mg
Slide 4: Galan Corporate Snapshot
GALAN (ASX:GLN) – CORPORATE SNAPHSOT An experienced and aligned Board Capital Structure1 12 Month Share Price and Volume Board Richard ▪ Experienced corporate lawyer For personal use only Share price $0.135 0.90 18.0 Homsany ▪ Principal of Cardinals Lawyers Shares on issue 489 M. Non ▪ Exec. Chair o
Slide 5: The Advantage of High-Quality Lithium Brine
THE ADVANTAGE OF HIGH-QUALITY LITHIUM BRINE High lithium grades at HMW have enabled a development plan with lower capital intensity and a lower risk profile Comparison of Li grade in Downstream process to convert into a final For personal use only Mining process to deliver a concentrate concentrate
Slide 6: HMW - Low Cost and Low CO2 Emissions
HMW - LOW COST AND LOW CO 2 EMISSIONS Galan’s HMW project is set in the lowest quartile of the industry cost curve and the industry GHG emissions curve1,2 For personal use only Lithium Carbonate Equivalent Cost Curve (2025)1 Greenhouse Gas (GHG) Emissions Intensity – 20302 16,000 All-In Sustaining C
Slide 7: HMW – A Lithium Project with Scale and Grade
HMW – A LITHIUM PROJECT WITH SCALE AND GRADE A multi-decade project with compelling project economics Map of Galan’s Tenure in Catamarca, Argentina ▪ 100% in the HMW and Candelas project areas For personal use only Project Interest Project Location ▪ Catamarca, Argentina Combined Mineral ▪ 8.6 Mt LC
Slide 8: Low Risk, Phased Production Growth
LOW RISK, PHASED PRODUCTION GROWTH Employing a proven development path to produce a lithium chloride product in high demand Phased development to 60ktpa LCE For personal use only C o ntext ▪ There is over 20 years of lithium production history in the Hombre Muerto Salar Phase 4 ▪ HMW has a very favo
Slide 9: Argentina – A Leader in Lithium Mining
ARGENTINA – A LEADER IN LITHIUM MINING A rich endowment of lithium is paired with a fiscal framework designed to encourage foreign investment Map of Argentinian Lithium Projects (LHS) and the South American Lithium Triangle (RHS) For personal use only Le a d i ng m i n i n g j u r i s d i c ti on ▪
Slide 10: High Grade Lithium Exploration
HIGH GRADE LITHIUM EXPLORATION Galan also holds ~30 km2 exploration ground immediately south of the high-grade Greenbushes Lithium Mine Aerial view of Galan’s Greenbushes South Exploration Tenure For personal use only Project Interest ▪ 100% in the Greenbushes South, Donnelly River and Kirup tenemen
Slide 11: Timeline
TIMELINE Targeting HMW Phase 1 production in the second half of 2025 Secure Phase 2 Proposed First production and Finalise Phase 1 Commissioning construction exploration at sales of LiCl For personal use only offtake and financing of plant permits Greenbushes South concentrate H2 2024 H1 2025 H2 202
Slide 12: Conclusion
CONCLUSION For personal use only ▪ Near term lithium concentrate production from HMW ▪ Scale and grade - 8.6 Mt of LCE at 859mg/L lithium in Mineral Resources ▪ Lowest quartile of the lithium cost curve and the industry emissions curve ▪ Operations are being de-risked – lithium inventory building (3
Slide 13: For personal use only
For personal use only ASX:GLN | galanlithium.com.au
Slide 14: Mineral Resource Estimate
MINERAL RESOURCE ESTIMATE Mineral Resource Statement for Candelas1 Mineral Resource Statement for Hombre Muerto West2 In situ Li Avg. Li LCE Avg. K In situ K KCl Equiv. In situ Li Avg. Li LCE Avg. K In situ K KCl Equiv. For personal use only Category (kt) (mg/l) (kt) (mg/l) (kt) (kt) Category (kt) (
Slide 15: Ore Reserve Statement
ORE RESERVE STATEMENT Ore Reserve Statement for Hombre Muerto West (effective date September 2023) For personal use only Production Period Pumped Brine Vol. Ore Reserve Category Well Field Li Metal (kt) Avg. Li grade (mg/L) LCE (kt) (Years) (Mm3) West 1-7 34.9 30.8 884.0 101.2 Proven Santa Barbara -