Slide 1: Building Ontario's first integrated lithium business
For personal use only Building Ontario’s first integrated lithium business INVESTOR PRESENTATION | MARCH 2025 ASX GT1
Slide 2: Indigenous Partners Acknowledgement
INDIGENOUS PARTNERS ACKNOWLEDGEMENT We would like to say Gchi Miigwech to our Indigenous partners. GT1 For personal use only appreciates the opportunity to work in their Traditional Territory and remains committed to the recognition and respect of those who have lived, travelled, and gathered on the
Slide 3: Corporate Snapshot
Corporate Snapshot 388.7M SHARES ON ISSUE GT1 $0.049 $19.04 $13.75M $5.3M $0 3.95M OPTIONS ASX CODE SHARE PRICE MARKET CAP EV CASH DEBT 24M PERFORMANCE RIGHTS For personal use only SHARE REGISTER 12-MONTH SHARE PRICE PERFORMANCE 0.25 ECOPRO INNOVATION 16.6% 0.2 OTHERS AMCI GROUP 9.4% 0.15 31.1% TOP
Slide 4: Company Overview
Company Overview Extensive Portfolio of Advancing the strategy projects in Tier-1 jurisdiction For personal use only 1 Industry Leading Strategic Partnerships Unmatched Capabilities 2 JUNIOR PROJECT Delivering comprehensive expertise across the entire battery supply ROOT chain ecosystem to design, b
Slide 5: Ontario Ranked #1
Ontario Ranked #1 Becoming a world leader in the electric vehicle revolution $45 billion World-class infrastructure & low-cost electricity supply Global automakers commitments to Ranked world's lowest risk mining jurisdiction battery manufacturing and mining For personal use only projects Prov
Slide 6: Market Overview
Market Overview Lithium Supply and Demand: Projected lithium supply in 2024 can support around 3,200 GWh of lithium-ion batteries. Future Deficit: By 2030, only 36% of global gigafactory capacity will be utilised unless significant investments are made in lithium supply chains. For personal use only
Slide 7: 3-Stage Integrated Strategy
3-Stage Integrated Strategy Integrating mine, concentrator and conversion facility 1 For personal use only SEYMOUR LITHIUM PROJECT ROOT LITHIUM PROJECT 3 MRE: 10.3 Mt at 1.03% Li2O JUNIOR LITHIUM 6.1Mt @ 1.25% Indicated MRE: 14.6 Mt at 1.21% Li2O PROJECT 1 DMS CONCENTRATOR HYBRID DMS / 3 2 FLOTATION
Slide 8: EcoGT Partnership Advantages
ECOGT PARTNERSHIP ADVANTAGES GT1 Corporate Mine JV Conversion JV Majority Minority Majority Minority shareholder For personal use only shareholder shareholder shareholder EcoPro 16.6% equity stake GT1 EcoPro EcoPro GT1 TBC Lithium Conversion in GT1 Corporate entity (65%min) (Up to 35%) (60%) (20-40%
Slide 9: Stage 1: Eastern Hub - First Producer in Ontario
STAGE 1 EASTERN HUB FIRST PRODUCER IN ONTARIO For personal use only ~A$64m Resource Base Advanced Low Capex hurdle Exploration expenditure at 10.3Mt @ 1.03% Li2O with 64,698 metres drilled to Entry level project with low Seymour 6.1Mt @ 1.25% Indicated date, DFS & permitting capex hurdle to producti
Slide 10: Progress and Timeline
PROGRESS AND TIMELINE EcoPro Innovation Project JV investment - For personal use only 2 tranche investment – first 10% completion Q2 2025 Additional 25% completion at FID LGES offtake – 25% offtake for the first 5 years of production Project Financing Support – C$100m LOI from EDC CMIF F
Slide 11: Permitting
PERMITTING Agency Permit / Approval Status Mining lease granted over proposed mining and For personal use only processing areas Mining Lease – Mine Site Approved o Secured from the Ontario Ministry of Mines Surrounding areas leases Submitted for approval Ministry of Mines Indigenous Engagement Ong
Slide 12: Optimised Seymour PEA
OPTIMISED SEYMOUR PEA US US $122M $251M 33% For personal use only Average Annual EBITDA After-tax NPV After-tax IRR US $753 3.5 year 130K Average Per Tonne SC5.5 C1 Cost Payback Period Average Annual Production CIF South Korea Tonnes of SC5.5 spodumene concentrate Revised optimisation and mine devel
Slide 13: Eastern Hub Resource Expansion - Junior
EASTERN HUB RESOURCE – RESOURCE EXPANSION EXPANSION - JUNIOR The Junior Project is the next part of the Eastern Hub development strategy and Resource growth will increase mine inventory and mine life for the Seymour concentrator Drilling assays confirm strong lithium grades hosted by a For persona
Slide 14: Definitive Feasibility Study
DEFINITIVE FEASIBILITY STUDY Completed – 60% Progressing DMS Only flowsheet: 120-160ktpa of SC5.5 Mine scheduling and open pit/underground optimisation: For personal use only production Alternative dam layout agreed – working with engineer to Inclusion of Ore Sorting – 20% of ROM identify ge
Slide 15: Simple DMS Only Flowsheet Confirmed
SIMPLE DMS ONLY FLOWSHEET CONFIRMED Metallurgical testwork results For personal use only Validate production of 5.5%-6.0% spodumene concentrate with low impurities and at industry comparable recoveries from a DMS only processing circuit o HLS testwork demonstrated production of low iron spodumene
Slide 16: Financing Strategy
FINANCING STRATEGY Lead LOI received December 2024 from Economic Development Canada (EDC) for up to CAD$100m For personal use only Ongoing engagement with CIB for potential infrastructure funding package Currently engaged with Export Finance Australia (EFA) for potential funding package around
Slide 17: Seymour Advantages - Why We Will Build It?
SEYMOUR ADVANTAGES – WHY WE WILL BUILD IT? Strategic Asset for early-stage production volumes For personal use only Low Capex & Opex Simple processing & permitting Perfect company starter project – drive in drive out workforce Proximity to port infrastructure and potential conversion facil
Slide 18: Stage 2: Lithium Conversion Facility
Stage 2: LITHIUM CONVERSION FACILITY For personal use only CLOSING ONTARIO’S CRITICAL MINERALS SUPPLY CHAIN GAP 18
Slide 19: Progress and Timeline
PROGRESS AND TIMELINE Delivered For personal use only Strategic Partnership with EcoPro Innovation (EcoPro) – formal cooperation agreement nearing completion Formation of integrated project study teams from GT1 and EcoPro Pilot Test work underway at EcoPro’s South Korean Pohang facility to pro
Slide 20: Operational Strategy - EcoPro
OPERATIONAL STRATEGY – EcoPro Derisked delivery For personal use only Significant technological advancements made in the engineering of the proposed LHM conversion plant. Utilising operationally proven technology to ensure reliability and efficiency. Facility includes two 13 ktpa EcoPro-standa
Slide 21: Conversion Facility Progress
CONVERSION FACILITY PROGRESS New option for conversion site selection LOI for exclusivity on the northern half of the Mid Continental Terminal Site For personal use only and to conduct due diligence activities on the entire Mid Continental Site The Mid Continental Terminal Site (490 Maureen Stre
Slide 22: Pilot Plant Testwork
PILOT PLANT TESTWORK Pilot Test work underway at EcoPro Innovation’s For personal use only (EcoPro) South Korean Pohang facility to produce battery grade lithium hydroxide from Seymour ore A one tonne spodumene concentrate sample from the Seymour project has been shipped and is currently being t
Slide 23: Financing Strategy
FINANCING STRATEGY Canadian Government Engagement: For personal use only GT1 has been actively engaging with Invest Ontario and the Strategic Innovation Fund (SIF) to explore funding opportunities for the Seymour Project and Conversion Plant Several federal and provincial programs are available
Slide 24: Stage 3: Western Hub
Stage 3: WESTERN HUB GROW AND CONSOLIDATE ADDITIONAL FEED SOURCES For personal use only OWNERSHIP 100% Owned AREA 23,095 Hectares EXPLORATION SPEND A$41M RESOURCE (Current) 14.6Mt @ 1.21% Li2O EXPLORATION TARGET 25-35 Mt @ 1.0 to 1.5% Li2O EXPECTED FIRST PRODUCTION 2029 The potential quantity and gr
Slide 25: Future Staged Development
FUTURE STAGED DEVELOPMENT Deeps Drilling program Updated MRE For personal use only Completed – results underway pending Test Work Updated PEA Bulk Sample complete, Progressing including lab work planned for underground studies late 2025 Project Definition Environmental Baseline and pre-s
Slide 26: Root Resource Growth
ROOT RESOURCE GROWTH 9,132m deep extension drill program completed For personal use only 20 stacked pegmatites defined Thick pegmatite extensions up to 450m below the current estimated Mineral Resource Strong potential for resource expansion at Root adding to the Company’s current combined g
Slide 27: Optimised PEA Options Considered
OPTIMISED PEA 3 options considered For personal use only Root Bay Deposit McCombe Option Western Zone Central & Eastern Zone Underground Zone Central 1 Open Pit $950/t shell Open Pit $1500/t shell Yes Open pit, $1500/t shell 2 Open Pit $1000/t shell Open Pit $1500/t shell Yes Open pit, $1500/t shell
Slide 28: Production Phase
PRODUCTION PHASE For personal use only ASX GT1
Slide 29: 2025 Project Milestones
2025 PROJECT MILESTONES STAGE 1: SEYMOUR PROJECT STAGE 2: CONVERSION FACILITY For personal use only EcoPro Project JV completion Project level investment & financing STAGE 3: ROOT PROJECT Junior Project MRE Preliminary Feasibility Study Definitive Feasibility Study Conversion site select
Slide 30: Contacts
For personal use only Contacts Managing Director Cameron Henry L1, 338 Barker Rd, Subiaco Perth, Western Australia 6008 Email: info@greentm.com.au Investor Relations and Media Jacinta Martino Email: ir@greentm.com.au Share registry Automic Group Email: hello@automic.com.au ASX GT1
Slide 31: Appendix | Mineral Resource Estimate
APPENDIX | MINERAL RESOURCE ESTIMATE Project Tonnes (Mt) Li2O (%) Root Project Root Bay Indicated 9.4 1.30 Inferred 0.7 1.14 For personal use only McCombe Inferred 4.5 1.01 Total 14.6 1.21 Seymour Project North Aubry Indicated 6.1 1.25 Inferred 2.1 0.8 South Aubry Inferred 2.0 0.6 Total 10.3 1.03 Co
Slide 32: Appendix | Disclaimer
APPENDIX | DISCLAIMER Important information: Green Technology Metals Limited (ASX GT1) ACN 648 657 649 (the "Company") is the issuer of this presentation. Not a disclosure document: This presentation is not a disclosure document for the purposes of Chapter 6D of the Corporations Act 2001 (Cth) ("Cor
Slide 33: Appendix | Exploration Targets
APPENDIX | EXPLORATION TARGETS COMPETENT PERSONS STATEMENT The information in this Presentation that relates to the Exploration Target at Seymour is based on activities carried out by Mr Stephen John Winterbottom . Mr Winterbottom has sufficient experience which is relevant to the style of mineralis