Savannah Resources Plc · LSE:SAV
Savannah Resources — Investor Presentation (May 2023)
23 slides from Savannah Resources's investor presentation, May 2023
Slide 1: Enabling Europe's energy transition
Enabling Europe’s energy transition Savannah Resources Owner of Europe’s Leading Conventional Lithium Project Company Presentation MAY 2023
Slide 2: Disclaimer
Disclaimer The information contained in these slides and the accompanying oral presentation (together, the "Presentation") have not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000 ("FSMA"). If any person is in any doubt as to the contents of th
Slide 3: Savannah Resources – At a Glance
Savannah Resources – At a Glance SHAREHOLDER ANALYSIS3 •Pure play lithium development company KEY DATA MARKETS AIM, FWB, SWB Al •100% owner of the Barroso Lithium Project in Portugal TICKER – ALL MARKETS SAV Marjan 16%* SHARE PRICE1 3.68p •Largest spodumene lithium resource in Europe (27Mt Instituti
Slide 4: Backdrop: A problem of global proportions
Backdrop: A problem of global proportions How to tackle… The solution is… And it needs… •Net-zero carbon economies through: •Increasing renewable power generation •Replacing ICE with clean alternatives •Increasing energy storage capacity Batteries •Mass electrification •Minimising energy wastage Raw
Slide 5: The Barroso Lithium Project: Savannah's contribution to EU decarbonization
The Barroso Lithium Project: Savannah’s contribution to EU decarbonization EUROPEAN COMMISSION 1 PRESIDENT VON DER LEYEN PORTUGAL, EU LOCATION ESG: FOCUSED ON EUROPE’S LARGEST RESPONSIBLE/LOW SPODUMENE CARBON PRODUCTION LITHIUM PROJECT EXPERIENCED CONVENTIONAL/LOW RISK “…Lithium and rare earths MANA
Slide 6: Barroso Lithium Project Location
Barroso Lithium Project Location The Barroso Lithium Project (SAV, 100%): Production parameters: •First production targeted for 2026 •200ktpa spodumene concentrate •~c.25ktpa LCE/29kt Lithium hydroxide equivalent •~0.5m vehicle battery packs per year Distance to proposed Portuguese refineries: •180k
Slide 7: Barroso Lithium Project overview – quality and opportunity combined
Barroso Lithium Project overview – quality and opportunity combined •Targeting 200ktpa battery grade spodumene concentrate or enough lithium for 0.5m vehicle battery packs per year •30-year mining lease1 and a 3-block mining lease application •Major environmental licencing milestone passed in May-23
Slide 8: Barroso Lithium Project – key operating features of the revised design
Barroso Lithium Project – key operating features of the revised design Project Plan: The Barroso Lithium Project during the operating phase • 200+ staff during operating phase • Producing 200ktpa spodumene concentrate & quartz/feldspar by-product Mining: • 1.5Mtpa of ore extracted • 4 open pits, wor
Slide 9: Barroso Lithium Project – key Environmental & social features of the revised design
Barroso Lithium Project – key Environmental & social features of the revised design The Barroso Lithium Project following rehabilitation & Closure Community considerations: • No mining at night • Vibration & noise levels well below legal limits • Dust suppressed • New road layout avoids local villag
Slide 10: Barroso Lithium Project – First Year of Production
Barroso Lithium Project – First Year of Production Production from the Pinheiro pit underway adjacent to the processing plant; Water storage and Tailings Storage (TSF) facilities established Pit mined in two stages, first lobe used in TSF construction, second lobe backfilled into first lobe Processi
Slide 11: Barroso Lithium Project – Years 2-8
Barroso Lithium Project –Years 2-8 Production from the Grandão pit to north of processing plant. TSF and rehabilitated Pinheiro pit adjacent to processing plant Pit mined in two stages, first lobe into Temporary Waste Rock Facility, second lobe backfilled into first lobe Temporary Waste Rock Facilit
Slide 12: Barroso Lithium Project – Years 8-9
Barroso Lithium Project –Years 8 - 9 Opening of the small pit at NOA alongside another water storage facility in the western section of the Concession Area NOA is later backfilled with Mine Waste 12
Slide 13: Barroso Lithium Project – The Final Phase of Production Years 9-12
Barroso Lithium Project – The Final Phase of Production Years 9-12 Opening of the Reservatório pit, the Project’s second largest, and the backfilling of the adjacent NOA pit leaving one of the Project’s permanent waste rock storage facilities Subsequent rehabilitation of Reservatório Pit mined in tw
Slide 14: Barroso Lithium Project – Post Rehabilitation & Closure
Barroso Lithium Project – Post Rehabilitation & Closure The Grandão pit, Tailings Storage Facility, Pinheiro pit and former processing plant area landscaped and revegetated after closure with impacted water courses reinstated 14
Slide 15: Stakeholder Engagement and Social Commitments
Stakeholder Engagement and Social Commitments Engagement: Relationships refreshed; commitments EUROPEAN COMMISSION Social Commitments VICE PRESIDENT ŠEFČOVIČ maintained •Regular engagement maintained with all key local and national Benefit sharing Plan stakeholders, particularly since Article 16 pro
Slide 16: Barroso Lithium Project – Time line & next steps
Barroso Lithium Project – Time line & next steps ***Latest News*** •Positive Environmental Impact Statement (‘DIA’) given by Portuguese •Revised EIA submitted (Mar) regulator May 2023 •2nd public consultation (Mar-Apr) •Savannah has agreed to associated conditions and will continue with the •Positiv
Slide 17: The Lithium Value Chain Build Out is Underway in Portugal
The Lithium Value Chain Build Out is Underway in Portugal Barroso Lithium Project Leixões deep THE BARROSO LITHIUM PROJECT DEVELOPMENT (SAV, 100%): water port AURORA JV (50:50 GALP: NORTHVOLT): • Production capacity: c.200ktpa spodumene concentrate • Refinery Plan: Lithium hydroxide plant (c.25ktpa
Slide 18: For Investors: Savannah has a Clear Path to Greater Value
For Investors: Savannah has a Clear Path to Greater Value Savannah to unlock greater value by passing milestones (2023-26): The value opportunity (right now): •Further licensing approvals •Financing and construction SAV currently trading on: •Completion of project studies •Commissioning & production
Slide 19: Appendix
Leadership in Building Responsible Lithium Resilience Appendix www.savannahresources.com info@Savannahresources.com Follow Savannah Resources on LinkedIn Follow @SavannahRes on Twitter 19
Slide 20: An Experienced Team Dedicated to Developing the Barroso Lithium Project
An Experienced Team Dedicated to Developing the Barroso Lithium Project DALE FERGUSON, CHIEF EXECUTIVE OFFICER MATTHEW KING, CHAIRMAN Over 25 years of experience across greenfield and near mine Having qualified as a solicitor with Slaughter and May, Matthew exploration, resource delineation, feasibi
Slide 21: Barroso Lithium Project: Processing circuit finalised, a major DFS milestone
Barroso Lithium Project: Processing circuit finalised, a major DFS milestone1 Key flowsheet outcomes: •A high quality spodumene concentrate, in line with current industry product specifications (minimum 5.5% Li2O) •Li2O recoveries in the range of 77%-81% in laboratory scale locked cycle testing with
Slide 22: The Critical Raw Materials Act ('CRMA')
The Critical Raw Materials Act (‘CRMA’) The European Commission takes action to secure a diversified, affordable and sustainable supply of CRMs for Europe EUROPEAN COMMISSION “CRMs are indispensable for a wide set of strategic sectors including the net zero industry…” PRESIDENT VON DER LEYEN Highlig
Slide 23: Leadership in Building Responsible Lithium Resilience
Leadership in Building Responsible Lithium Resilience Savannah Resources Plc Tel: +44 207 117 2489 Website: www.savannahresources.com Email: info@Savannahresources.com Follow @SavannahRes on Twitter Follow Savannah Resources on LinkedIn UK Media Relations: Camarco Switchboard: 020 3757 4980 Website:
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