Green Technology Metals Limited · ASX:GT1
Green Technology Metals — Investor Presentation (December 2023)
26 slides from Green Technology Metals's investor presentation, Dec 7, 2023
Slide 1: Investor Presentation - Preliminary Economic Assessment
For personal use only INVESTOR PRESENTATION PRELIMINARY ECONOMIC ASSESSMENT DECEMBER 2023 Building the pre-eminent vertically integrated Lithium business in Ontario, Canada ASX | GT1
Slide 2: Disclaimer
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) ("Corporations A
Slide 3: Corporate Snapshot
CORPORATE SNAPSHOT 276.1M SHARES ON ISSUE GT1 $0.315 $86.97 $70.03 $16.94M $0 5.8M OPTIONS For personal use only ASX CODE SHARE PRICE MARKET CAP EV CASH DEBT 18.5M PERFORMANCE RIGHTS SHARE REGISTER SHARE PRICE PERFORMANCE 0.55 0.5 AMCI 9.07% 0.45 LGES 0.4 7.87% BOARD & 0.35 MANAGEMENT 6.62% 0.3 OTHE
Slide 4: Pioneering Ontario's Lithium Future
PIONEERING ONTARIO'S LITHIUM FUTURE 3 stage integrated strategy to become the first Concentrates and Chemicals producer in the region For personal use only Development of a regional supply chain with multiple mine and process hubs feeding a central lithium conversion facility, made in Ontario WESTER
Slide 5: PEA Highlights Mining & Concentrators
PEA HIGHLIGHTS MINING & CONCENTRATORS (STAGE 1 & 3) Combined mine and concentrator development delivers NPV $1,189M CAD (USD$894M) Mining Lease granted over proposed Seymour mine construction area for a term of 21 years For personal use only Excellent economics confirmed in the PEA for both pr
Slide 6: Production Summary/Parameters
PRODUCTION SUMMARY/PARAMETERS Production Summary Value Units Mine & Concentrators Ore feed mined (inc prestrip) 20.4 Mt Waste mined (inc prestrip) 451.7 Mt Based on current mineral resource estimates For personal use only Total material mined (inc prestrip) 472.1 Mt Resource upgrades planned for
Slide 7: Financial Summary
FINANCIAL SUMMARY Base Case Financial Results Unit of Measure Mining and Concentrators Integrated Project Mine & Concentrators Project Length Y 15 15 Strong NPV basis for both economic For personal use only After-Tax NPV @ 8% $CAD (M) 1,189 1,506 cases providing for short payback on After-Tax IRR
Slide 8: Financial Summary – Mining & Concentrators
FINANCIAL SUMMARY – Mining & Concentrators Gross revenue 900,000 EBITDA High / Low Price (663,389) 619,555 800,000 For personal use only 700,000 Recovery +/- 10% (264,184) 263,767 600,000 CAD $ ‘000 p.a. 500,000 Opex +/- 20% (204,823) 203,869 400,000 Concentrator 300,000 (167,747) 67,603 Throughput
Slide 9: Capex Summary – Mine & Concentrators
CAPEX SUMMARY – Mine & Concentrators Stage 1 & 3 SEYMOUR AND ROOT INITIAL CAPEX SUMMARY For personal use only Seymour Root Low initial start-up capex – well (Stage 1) (Stage 3) Area Capital (CAD) Capital (CAD) defined Site General 21M 37M Simple open pit mine/processing – Mining 1M 1M de-risk fo
Slide 10: Green Lithium Production in Canada
GREEN LITHIUM PRODUCTION IN CANADA Stage 1 – Seymour Project For personal use only Simple DMS Processing - high quality product, low Fe Low upfront CAPEX Large spodumene crystals liberate at coarse crush (6mm) 6.8% Li2O @ 71.7% Recovery - HLS test work 5.5% Li2O @ 65% Recovery - PEA Basis
Slide 11: Root Project
ROOT PROJECT Hybrid DMS and Flotation Flowsheet Hybrid combination DMS and flotation processing – For personal use only DMS only not suitable High grade – finer-grained spodumene finer crushing and liberation size 5.5%Li2O achieved, low recoveries - HLS testwork 67.1% Recovery - Sighter flot
Slide 12: Operating Costs – Mine & Concentrators
OPERATING COSTS – Mine & Concentrators Unit Costs (real) - Mining and Concentrators Mine & Concentrators LOM Avg. p.a. CAD $/t SC5.5 concentrate USD $/t SC5.5 concentrate Operating costs well defined with opportunity to optimize Mining Costs 765 575 For personal use only Processing Costs 169 127
Slide 13: Summary – Mining & Concentrators
SUMMARY – MINING & CONCENTRATORS 2,000,000 1.60 High proportion of processed feed in the 1,800,000 1,600,000 1.40 ‘Indicated’ category for majority of the life 1.20 of mine For personal use only 1,400,000 tonnes / year 1,200,000 1.00 Li2O Grade 1,000,000 0.80 Percentage split of 70% indicated an
Slide 14: Strategic Partnering & Financing Strategy
Strategic Partnering & Financing Strategy Stage 1 Seymour CAPEX requirements can be satisfied through mix of strategic investments, offtake pre-project financing, debt and government infrastructure mechanisms For personal use only Clear strategy for future offtake agreements Indicative Funding Strat
Slide 15: Seymour Mining Lease Granted
SEYMOUR MINING LEASE GRANTED For personal use only Mining lease granted from the Ontario Department of Mines Covers the proposed mining and processing construction areas of the Project First Lithium project in Ontario to receive – highlighting commitment to critical minerals project developmen
Slide 16: Seymour Permitting and Approvals
SEYMOUR PERMITTING AND APPROVALS Agency Permit / Approval Status Mining Lease – Mine Site Approved Permitting remains on-schedule For personal use only Mining Lease – Camp Submitted for approval Environmental Assessment Mining Lease – Stage 2 Submitted for approval Ministry of Mines category det
Slide 17: Seymour – Stage 1 Development - DFS
Seymour – Stage 1 development - DFS Geotechnical study - Steepen overall slope angle and significantly reduce waste removal For personal use only Mining cost - Focus on ore and waste CAD contractor rates to reduce overall mining costs Staged cutback - Pit design to smooth grade, total material
Slide 18: Capex Summary – Conversion Facility
CAPEX SUMMARY – Conversion Facility Stage 2 CONVERSION FACILITY – INITIAL CAPEX SUMMARY For personal use only Benchmaked with similar scale and flow sheet developments Area Capital (CAD) underway LiOH Plant 607M Priced equipment lists from reputable suppliers Site Infrastructure 27M Serviced b
Slide 19: Operating Costs – Conversion Facility
OPERATING COSTS – Conversion Facility Battery Grade Lithium Hydroxide Total Cost Cost Center CAD/t final Operating costs benchmarked with CAD/year CAD/t feed For personal use only product US/Canadian projects Soda Ash utilized to leach – no sulphuric Workforce (Process Labour) 20,268,766 112.60
Slide 20: Conversion Facility - Flowsheet
CONVERSION FACILITY - FLOWSHEET Stage 2 – Conversion Facility For personal use only Alkali-leach flowsheet (Metso-Outotec process) – Piedmont, Keliber Lithium Hydroxide Product 20-25ktpa Calcination test work >97% conversion Leaching and solubilisation test work ongoing PEA Basis 92% overa
Slide 21: Test Work - Conversion
TEST WORK - Conversion Calcination test work – FLS (Pyro) USA 2 concentrate samples – North Aubry For personal use only Rotary kiln – determine optimal conversion temperature Temperature – 1050 to 1075 Conversion – up to 99% Ongoing work - Soda Leaching and purification work GREEN TECHNO
Slide 22: Financing Strategy – Stage 2 Conversion Facility
Financing Strategy – Stage 2 Conversion Facility Converter project CAPEX requirements to be met through Joint Venture (JV) with downstream operator (majority equity partner); GT1 to take minority stake in project For personal use only Indicative Funding Strategy – Stage 2 (Converter) * GT1 to partne
Slide 23: Indicative Timeline to Production
INDICATIVE TIMELINE TO PRODUCTION For personal use only 1. All proposed production dates quoted are indicative GREEN TECHNOLOGY METALS 23
Slide 24: What Is Next?
WHAT IS NEXT? Stage 1 - Seymour Junior maiden drilling program – Q1 2024 For personal use only Timber Harvesting – Q1 2024 (subject to permitting and approvals) Definitive Feasibility Study: Mine and Concentrator - Q2 2024 Strategic partnering for asset level investment Financial Investmen
Slide 25: Contacts
For personal use only Contacts Chief Executive Officer Luke Cox 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 26: Appendix | Mineral Resource Estimate
APPENDIX | MINERAL RESOURCE ESTIMATE Project Tonnes (Mt) Li2O (%) Root Project Root Bay Indicated 9.4 1.30 For personal use only Inferred 0.7 1.14 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
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