European Metals Holdings Ltd · LSE:EMH
European Metals — Investor Presentation (October 2021)
22 slides from European Metals's investor presentation, October 2021
Slide 1: Powering sustainable European e-mobility
The Cinovec Project Powering sustainable European e-mobility October 2021
Slide 2: Disclaimer & Cautionary Statement
DISCLAIMER & CAUTIONARY STATEMENT DISCLAIMER This presentation has been prepared by European Metals Limited (“European Metals” or the “Company”). It is not a disclosure document and should not be considered as an offer or invitation to subscribe for, or purchase any securities in the Company or as a
Slide 3: European Metals Holdings
EUROPEAN METALS HOLDINGS Keith Coughlan Executive Chairman (Australia) POWERING SUSTAINABLE EUROPEAN E-MOBILITY Richard Pavlik Executive Director (Czech Republic) Integrated mine & lithium processing plant Kiran Morzaria Non-Executive Director (UK) Largest hard rock lithium resource in Europe Lincol
Slide 4: EU Auto Regulations Support
EU AUTO REGULATIONS SUPPORT SIGNIFICANT EV UPTAKE EU spends big on Just Transition Fund climate change €40 billion fund to €550 billion to be transition fossil fuels to spent on green energy climate over 2021-27 EU EU self sufficiency EU CO2 targets tighten Targeting 80% lithium €billions potential
Slide 5: European EV Sales Booming
EUROPEAN EV SALES BOOMING New car sales New car sales New car sales Germany France United Kingdom Sep-2021 Sep-2021 Sep-2021 Source KBA/Clean Technica Source SMMT/Clean Technica Source PFA/Clean Technica *EV = BEV & PHEV
Slide 6: Europe Driving Exponential Global EV Sales Growth
EUROPE DRIVING EXPONENTIAL GLOBAL EV SALES GROWTH Tesla Berlin 39M VW goal Largest battery 22 million EVs in 10 years gigafactory in the world (2021 Completion) 15M 3.2M 2020 2025 2030 Source RK Equity
Slide 7: Battery Grade Hydroxide Undersupply
BATTERY GRADE HYDROXIDE UNDERSUPPLY LITHIUM “The irreplaceable element for the electric era” VW DEMAND / SUPPLY HYDROXIDE For high energy, long range batteries CHINA RELIANCE 83% global hydroxide production UNDERSUPPLY EUROPE 80% self sufficiency target by 2025 Source: RK Equity
Slide 8: Cinovec - Largest Hard Rock Project in EU
CINOVEC - LARGEST HARD ROCK PROJECT IN EU 8 7.39 Rest of Bigger than all other hard rock the EU projects in the EU combined 6 Cinovec 65.5% 4 2 1.68 0.73 0.71 0.38 0.27 European Infinity Zinnwald Savannah Keliber European Metals Lithium Lithium Resources Lithium
Slide 9: Proximity to End Users
PROXIMITY TO END USERS Localized hydroxide close to key cathode, battery & auto makers. Critical for EU’s 80% supply security target
Slide 10: The Czech Republic
THE CZECH REPUBLIC In heart of Europe Over 90% of its exports are to European countries with 32% to Germany alone Business friendly Stable political and economic environment. Member of the European Union and low corporate income tax rate of 19% World Class Infrastructure Road and rail services avail
Slide 11: High Quality Infrastructure
HIGH QUALITY INFRASTRUCTURE Fast low cost transportation of lithium concentrate to chemical MINE plant CHEMICAL PLANT Adjacent to road and rail lines connecting Cinovec to ROAD European customers RAIL 22 KV transmission lines close by mine and processing site along with established water supply POWE
Slide 12: LCA – World Leading Decarbonised Case
LCA – WORLD LEADING DECARBONISED CASE ● Use of Solar Power ● Electric Mining Fleet ● Hypex Bio Explosive ● Use of Green Hydrogen
Slide 13: Positive ESG Profile
POSITIVE ESG PROFILE Solar power proposed Recycled Short, localized water/reagents supply chain Electric mining Strong community fleet proposed support Historic Mine Coal transition/rehabilitation Single roast low-heat Benign reagents potentially using Green Hydrogen Use of green Hypex Bio Explosive
Slide 14: Strategic Partnerships
STRATEGIC PARTNERSHIPS ● Czech national power ● Principal facilitator and ● Leading German owned company organiser of European specialist in plant construction Battery Alliance and engineering for ● Invested EUR 29m at project technology metals. level ● Support offtake, construction finance and ulti
Slide 15: PFS Highlights
PFS HIGHLIGHTS Annual production 25,267 tpa battery grade LiOH.H2O $1.108 7.39 Mt LCE Billion 0.64 Mt LCE measured Total JORC resource 3.88 Mt LCE indicated NPV 2.87 Mt LCE inferred (8%, after tax) Construction Capital costs $482.6 million Operating costs $4,8763/t LiOH.H2O 28.8% (without credits) I
Slide 16: Catalysts to Drive Shareholder Wealth
CATALYSTS TO DRIVE SHAREHOLDER WEALTH Key Accomplishments Appointment of lead engineer Partnership agreement with EU body Strategic partnership with CEZ – project fully funded to FID Completion of PFS demonstrating strong economics and low cost of production Production of battery grade lithium hydro
Slide 17: Board & Management Team
BOARD & MANAGEMENT TEAM KEITH COUGHLAN RICHARD PAVLIK KIRAN MORZARIA LINCOLN BLOOMFIELD (AUS) (CZ) (GB) (USA) MANAGING DIRECTOR EXECUTIVE DIRECTOR NON EXECUTIVE DIRECTOR NON EXECUTIVE DIRECTOR CEO & Director of EMH’s largest shareholder, Former US Ambassador & official specialising 30 years stockbro
Slide 18: European Metals Holdings
EUROPEAN METALS HOLDINGS ASX : EMH LON : EMH NASDAQ : ERPNF Frankfurt : E861.F Keith Coughlan Executive Chairman +61 419 996 333 keith@europeanmet.com www.europeanmet.com February 2021
Slide 19: Project Summary
PROJECT SUMMARY • Large 1.68mtpa underground mining operation. • Underground crushing and conveyor to surface milling. • Slurry pipeline to beneficiation plant. • Wet magnetic separation of lithium concentrate. • Production of lithium hydroxide or carbonate via gypsum & sodium sulphate roast, water
Slide 20: Underground Mine
UNDERGROUND MINE Historic underground mine for high-grade tin/tungsten veins, closed in 1993. Over 83,000m historic diamond drilling, 21.5km historic drive development. EMH confirmation drilling 9,477m, further drilling completed in August 2021. CINOVEC OCTOBER 2021 RESOURCE SUMMARY The upper portio
Slide 21: Cinovec - Long Section
CINOVEC - LONG SECTION 900 N S 800 700 600 500 Hole From To Width Li2O% Hole From To Width Li2O% CIW-25 9.5 373 361.5 0.43 CN-17 22 224 202 0.62 CIW-26 173.75 410 236.25 0.49 CIW-22 123 387.5 264.5 0.54 CN-86 81.8 230.9 149.1 0.48 CN-81 1 224 223 0.52
Slide 22: Process Flowsheet
PROCESS FLOWSHEET LIMESTONE GYPSUM MICA WATER CONCENTRATE RESIDUE TO TAILINGS ROAST LEACH FILTER SODIUM SULPHATE SODIUM SULPHATE RECYCLE IMPURITY REMOVAL REMOVAL EVAPORATION SODIUM CARBONATE BATTERY GRADE LITHIUM CARBONATE LITHIUM CARBONATE PRECIPITATION POTASSIUM SULPHATE GLASERITE DECOMPOSITION CR
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