Slide 1: December Quarter 2024 Presentation
DRAFT – NOT FOR FURTHER DISTRIBUTION December Quarter 2024 Presentation Tony Ottaviano, Managing Director and CEO Jon Latto, Chief Financial Officer Grant Donald, Chief Commercial Officer 21 January 2025 ASX: LTR ltresources.com.au
Slide 2: Important Information
Important Information Important Information This Presentation contains forward-looking statements which are identified by words such as ‘may’, ‘could’, ‘believes’, ‘estimates’, ‘targets’, 'guides', ‘expects’, 'anticipates', 'indicates' or ‘intends’ and variations of these words other similar words t
Slide 3: Liontown's Strategy
Liontown’s Strategy The best strategies endure the cycles; ours is unchanged. Kathleen Valley Downstream Expansion Liontown Full Potential Full Potential Become a vertically integrated Expand portfolio through organic supplier to capture higher margins, growth, value accretive M&A and Become a globa
Slide 4: ESG Performance - December Quarter 2024
NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES ESG Performance - December Quarter 2024 Safety LTIFR TRIFR 0.66 4.59 ESG Renewable Female Tjiwarl business Power Workforce contracted for 82% 23% Increasing industry benchmark light vehicle maintenance (photo) Notes: 1. LTIFR: Lost Time Injury Fre
Slide 5: Highlights - December Quarter 2024
NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES Highlights - December Quarter 2024 Kathleen Valley ramp-up continued to deliver strong performance, achieving positive net cashflow from operating activities in just the second quarter post first production Mining Processing Plant 1.17Mt 619kdmt 8
Slide 6: Mining Performance
NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES Mining Performance Record quarter for mining Underground Development Metres Kathleen’s Corner Open Pit 7,254 4,000 UG Development Metres (LHS) 7,500 • Focus on the main ore bench and ROM stockpiles for FY26 transition, with 2.6Mt material moved th
Slide 7: Plant Performance
NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES Plant Performance Plant Availability – average (%) Ramp-up progress continues to meet or exceed expectations 91% 92% Q2 FY25 Avg: 89% 87% • Mill throughput exceeding targets, processed 619kt dry 83% metric tonnes for the quarter Q1 FY25 Avg: 78% •
Slide 8: Production and Sales
NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES Production and Sales Over 100,000 wmt (92,172 dmt) of spodumene concentrate shipped since the commencement of production at Kathleen Valley in July 2024 Plant throughput and spodumene concentrate production Spodumene concentrate production: Milled
Slide 9: Dec Qtr FY25 - Summary Operational and Financial Metrics
NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES Dec Qtr FY25 - Summary Operational and Financial Metrics Solid financial performance with net cash from operating activities of $16.7 million1 and $192.9 million in cash at 31 December 2024. Production and Sales Units Q2 FY25 Q1 FY25 Δ (%) Spodume
Slide 10: Cashflows reflect transition into production
NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES Cashflows reflect transition into production Solid financial performance with net cash from operating activities of $16.7 million2 and $192.9 million in cash at 31 December 2024. 91.2 (79.3) • $91.2m cash receipts from customers in quarter 4.8 (5.
Slide 11: Performance summary
NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES Performance summary Safety continues to be our priority and ESG performance remains at the forefront – LTIFR of 0.66 (rolling annual average) 81,341 dmt spodumene concentrate shipped for the quarter, at 5.2% Li2O weighted average grade. Tantalite
Slide 12: For more information
NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES For more information: Robert Carruthers Corporate Affairs & Investor Relations Liontown Resources rcarruthers@ltresources.com.au +61 415 979 310 Level 2, 32 Ord Street, West Perth WA 6005 22 ABNNovember 2022 39 118 153 825 ASX:LTR ASX : LTR ltreso
Slide 13: Appendix: Physicals Summary
NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES Appendix: Physicals Summary Mining Units Q2 FY25 Q1 FY25 Δ (%) Open pit ore mined (incl OSP) kt 1,138 589 93% Open pit waste mined kt 1,506 3,361 (55%) Strip ratio (BCM) waste:ore 1.2 5.1 (76%) Average Li2O grade mined (open pit) % 1.3 1.2 8% Unde