Atlantic Lithium Limited. · LSE:ALL
Atlantic Lithium — Swiss Mining Institute Conference 2024
29 slides from Atlantic Lithium's conference presentation, Nov 20, 2024
Slide 1: Investor Presentation – Swiss Mining Institute
20 November 2024 Investor Presentation – Swiss Mining Institute Atlantic Lithium Limited (AIM: ALL, ASX: A11, GSE: ALLGH, OTCQX: ALLIF, “Atlantic Lithium” or the “Company”), the For personal use only Africa-focused lithium exploration and development company targeting the delivery of Ghana's first li
Slide 2: Contacts and About Atlantic Lithium
20 November 2024 SP Angel Corporate Finance LLP Yellow Jersey PR Limited Canaccord Genuity Limited Nominated Adviser Charles Goodwin Financial Adviser: Jeff Keating Bessie Elliot Raj Khatri (UK) / Charlie Bouverat atlantic@yellowjerseypr.com Duncan St John, Christian Tel: +44 (0)20 3470 0470 Tel: +44
Slide 3: Investor Presentation November 2024
ASX:A11 AIM:ALL GSE:ALLGH OTCQX:ALLIF For personal use only INVESTOR PRESENTATION November 2024 1
Slide 4: Important & Cautionary Statement
IMPORTANT & CAUTIONARY STATEMENT IMPORTANT NOTICE CAUTIONARY STATEMENTS For personal use only These presentation slides (the “Slides”) have been prepared by The information in the Slides that relates to Exploration Results, Ore similar expressions. Persons reading the Slides are cautioned that such
Slide 5: Advantageous Position
ADVANTAGEOUS POSITION Poised to capitalise on rapidly growing lithium market For personal use only Low capital and Strong partner support Exceptional existing infrastructure Proven mine build operating cost profile and operatorship experience Advancing towards Commercial strategy focused on DFS refi
Slide 6: Lithium Demand
LITHIUM DEMAND Strong Year-on-Year EV growth globally For personal use only • 2024 EV sales expected to surpass 2023 by more than 20%1, led by China Forecast Lithium Demand (MT, million)3 • North America and Europe to account for ~42% of lithium- ion battery cell demand by 20302 • Fundamental need f
Slide 7: Low-Cost Project
LOW-COST PROJECT Robust operating cost versus current producers1 For personal use only 1,200 1,012 1,000 800 US$/dmt SC6.0% 720 647 674 600 520 523 ($255) 460 408 400 392 ($382) 200 192 138 - Ewoyaa (Y1-Y3) Ewoyaa (LOM) Greenbushes Grota do Cirilo Pilgangoora Mt Marion Wodgina Mt Cattlin North Ameri
Slide 8: Snapshot Corporate
For personal use only SNAPSHOT CORPORATE 6
Slide 9: Building Ghana's First Lithium Mine
BUILDING GHANA’S FIRST LITHIUM MINE For personal use only On Track to Deliver • Mining Lease granted • EPA Permit received Strong Project • Mine Operating Permit Credentials received • Access to infrastructure Excellent Project • Minimal footprint • Funding - Offtake partnerships Economics • A proje
Slide 10: Capital Structure
CAPITAL STRUCTURE For personal use only Issued Capital: 659.1m Top 20 Shareholders: 67.1% 22.7m 9m 690.8m Assore Int. Holdings 27.2% Options (WAP: 42p/83c) Performance Rights Fully-diluted share capital Piedmont Lithium Inc 4.9% Fidelity International Limited A$145m – US$94m – GBP74m 3.7% Minerals I
Slide 11: Strong Partner Support
STRONG PARTNER SUPPORT For personal use only • Cornerstone investor since 2015 AIM IPO • International project development, mining and marketing expertise • Increased stake in October 2024 Equity Placing • US$5m Subscription – completed January 2024 MINERALS INCOME • US$27.9m Project-level investmen
Slide 12: Proven Leadership
PROVEN LEADERSHIP Significant mine build and operating experience; globally and in Ghana specifically For personal use only Neil Herbert Keith Muller Amanda Harsas Executive Chairman Chief Executive Officer Finance Director & Company Secretary • 25+ years’ experience in growing natural • 20+ years’
Slide 13: Our Project
For personal use only OUR PROJECT 11
Slide 14: Key Metrics
KEY METRICS* Economic outcomes place Ewoyaa as an industry-leading asset For personal use only 3.6Mt 12-year 365ktpa Spodumene Life of Mine Steady State concentrate Production GHANA 4.7Mt US$377/t US$675/t Secondary Product C1 Cash Operating Cost All in Sustaining Cost Ewoyaa Lithium (Low-grade Li2O
Slide 15: Simple DMS Processing
SIMPLE DMS PROCESSING For personal use only 3-stage crushing to maximise recovery 2.7Mt throughput; simple DMS processing Low energy and water intensity ASX: A11; AIM: ALL; GSE: ALLGH; OTCQX: ALLIF 13
Slide 16: Exceptional Existing Infrastructure
EXCEPTIONAL EXISTING INFRASTRUCTURE N1 highway within 1km of deposit For personal use only footprint Adjacent grid power; hydro power, thermal plants, solar power Skilled labour market on doorstep Proximity to Takoradi and Tema ports Leading mining, engineering and geology universities Strong commun
Slide 17: Completing Permitting
COMPLETING PERMITTING Ewoyaa on track to become one of the largest hard rock spodumene concentrate mines* For personal use only Mining Lease represents major de-risking milestone Alignment with the Government’s Green Minerals Policy Partner of choice in Ghana’s long-term lithium value chain objectiv
Slide 18: Our Strategy
For personal use only OUR STRATEGY 16
Slide 19: Commercial Strategy - Lithium Products
COMMERCIAL STRATEGY - LITHIUM PRODUCTS Attract funding offers to expediate Ewoyaa Enhance relationships across battery supply chain For personal use only development and realise project value Secure well-credentialled partners Considering potential broader strategic collaboration 50% 180,000tpa Comm
Slide 20: Our Exploration
For personal use only OUR EXPLORATION 18
Slide 21: Highly Prospective, Under-Explored Portfolio
HIGHLY PROSPECTIVE, UNDER-EXPLORED PORTFOLIO Egyasimanku Hill For personal use only Li occurrence 509km² (non-JORC) Ghana portfolio Mining Lease Area 100km to Accra and 110km to Takoradi port EWOYAA 36.8Mt @ 1.24% Li2O (JORC) ASX: A11; AIM: ALL; GSE: ALLGH; OTCQX: ALLIF 19
Slide 22: Ewoyaa Resource Growth
EWOYAA RESOURCE GROWTH Grade maintained over resource upgrades; 81% of MRE in higher confidence Measured and Indicated categories For personal use only 40 36.8 Mt @ 100 35.3 Mt @ 1.24% Li2O % of Total Resource in Measured & Indicated 1.25% Li2O 90 35 30.1 Mt @ 1.26% Li2O 80 30 81% 70 Resource (Mt) 7
Slide 23: Côte d'Ivoire – Untested Tenure
COTE D’IVOIRE – UNTESTED TENURE For personal use only 771km² portfolio Extensive existing infrastructure 80km to port of Abidjan ASX: A11; AIM: ALL; GSE: ALLGH; OTCQX: ALLIF 21
Slide 24: Catalysts Driving Value
For personal use only CATALYSTS DRIVING VALUE 22
Slide 25: Major Milestones
MAJOR MILESTONES Now complete For personal use only EPA Permit Mine Operating Permit Rezoning - Land Use for Mining Mining Lease Ratification Completion of MIIF Strategic Project Investment Final Investment Decision Award Key Contracts (including EPCM and Mining) Breaking Ground ASX: A11; AIM: ALL;
Slide 26: Appendix
For personal use only Appendix 24
Slide 27: Reserves and Resources
RESERVES AND RESOURCES Grade For personal use only Mineral Reserves**** Tonnes (Mt) (% Li2O) Probable 25.6 1.22 Grade Mineral Resources* Tonnes (Mt) (% Li2O) Measured 3.7 1.37 Indicated 26.1 1.24 Inferred 7.0 1.15 Total 36.8 1.24 * Refer to important and cautionary statement on Page 2 and MRE releas
Slide 28: Comparative Operating Costs
COMPARATIVE OPERATING COSTS Announcement SC6 Cash Unit Cost Company Company Code Project Name* Development Stage Asset Location Announcement Title Date US$/dmt SC6 Atlantic Lithium A11 (ASX) Ewoyaa Development Ghana Mining Lease Granted for Ewoyaa Lithium Project 20-Oct-23 647 For personal use only
Slide 29: For personal use only
For personal use only http://www.atlanticlithium.com.au/ info@atlanticlithium.com.au Atlantic Lithium Limited Level 17, Angel Place, 123 Pitt Street, Sydney, NSW 2000 27
Atlantic Lithium — Swiss Mining Institute Conference 2024 on 6ix