Slide 1: Infinity Lithium Corporation Limited
For personal use only Infinity Lithium Corporation Limited 1
Slide 2: Disclaimer
Disclaimer For personal use only For Consideration ❖ This presentation has been prepared by Infinity Lithium Corporation Limited “Infinity Lithium”. This document contains background information about Infinity Lithium current at the date of this presentation. The presentation is in summary form and
Slide 3: Infinity Lithium Snapshot
Infinity Lithium Snapshot Fuelling Innovation For personal use only Fully integrated lithium project – from mine to battery grade lithium carbonate or lithium hydroxide production on site European based - open pit resource to produce 15,000tpa(1) of battery grade lithium carbonate or battery grade l
Slide 4: Lithium Demand – Why San Jose?
Lithium Demand – Why San Jose? (1) For personal use only (2) Demand to increase 15x by 2030 San Jose 24 years production (1) Source: Citi Research, 31 January 2018 (2) Source: Benchmark Mineral Intelligence “Will we have enough lithium in 2025”, 26 June 2018. (3) Scoping Study – Refer to ASX announc
Slide 5: San Jose Hard Rock Resource – Benefit of Choice
San Jose Hard Rock Resource – Benefit of Choice pivot post sulphate recovery process stage to produce battery grade lithium chemicals (2) Raw LC Mix & For personal use only Precipitation Crystallisation NCM Bicarbonate Purification Purification (1) Lithium (1) Lithium Carbonate Hydroxide (1) Refer t
Slide 6: Battery Composition Driving EV Evolution
Battery Composition Driving EV Evolution Infinity to complete a LiOH Scoping Study For personal use only Ability to adapt to an evolving end market over the life of the project Nickel Cobalt Manganese 111 622 811 Increase Energy Density = Range Reduced Cobalt Requirement Source: Material derived fro
Slide 7: European Demand for Battery Grade Lithium
European Demand for Battery Grade Lithium Adoption of EVs needs to accelerate in order to align with government EV For personal use only proposals and targets Holland - ban all Germany – Zero UK – End ICE fossil fuel emission vehicle petrol & diesel car passenger car sales sales and van sales 2025 2
Slide 8: European Demand – Recent Developments
European Demand – Recent Developments July 2018 For personal use only €4 billion long-term partnership (1) Delivery of battery cells Invest €240 million in Europe’s first battery cell fab Annual capacity of 14 GWh Sourcing raw materials for the cells Hamburg Berlin itself to pass to the battery make
Slide 9: San Jose Project Snapshot
San Jose Project Snapshot For personal use only Project Summary Location: Extremadura (Spain) 10%* Approximately 2.5 hours west of Madrid Scoping Study: Completed Prior Study: Positive Feasibility Study San Jose to produce lithium carbonate *Automotive Sector Historically mined for tin % Spain GDP (
Slide 10: San Jose Project Snapshot
San Jose Project Snapshot Summary JORC Resource For personal use only Planned Feed: 525kt pa(1) TABLE 1 SAN JOSE MINERAL RESOURCE, REPORTED ABOVE 0.1% LI Plant Feedstock: 1.4% Li20 (3.5% LCE) CUT-OFF Output: 15kt pa(1)+99.5% LC* Classification Tonnes Li (%) Li2O (%) Sn ppm (Mt) LOM Strip Ratio: <2:1
Slide 11: Infinity Highlights
Infinity Highlights For personal use only Market Capitalisation Cash ~ $17m ~ $4m Scoping Study Project Summary(1) NPV8 US$401m IRR 28% LCEScale Price US$10,000/t Average C1 Cost* US$4,763 CAPEX US$273m Sensitivities: NPV8 US$607m IRR 37% LCE Price US$11,500/t *without tin credit for 1st 8 years *av
Slide 12: Summary – Fully Integrated Lithium Project
Summary – Fully Integrated Lithium Project For personal use only One of the largest lithium deposits in Europe Scale Low cost production Significant European developments in battery factories Proximity to Market Adjacent sealed roads/ major arteries to Europe High value product with no transport cos
Slide 13: Extremadura Benefits
Extremadura Benefits Benefits OF the Region: For personal use only Mining friendly region with brownfield, historically mined areas such as San Jose No royalties payable or duties on the import of lithium concentrate for downstream processing Benefits FOR the Region VAT derived from the San Jose Pro
Slide 14: Innovative Value Chain Opportunities – Extremadura Powering Spain & the EU
Innovative Value Chain Opportunities – Extremadura Powering Spain & the EU For personal use only 2018 EU Joint Research Centre (JRC) (1) Promoting solar electricity exports from southern to central and northern European countries “Extremadura is a leader region in the field of solar energy, holding
Slide 15: Innovative Value Chain Opportunities – Extremadura Powering Spain & the EU
Innovative Value Chain Opportunities – Extremadura Powering Spain & the EU For personal use only Spain's goal is to reach a 20% quota in renewable energy consumption within 2020, as mandated by the European Union Harvest Storage Applications Infinity Lithium Corporation Limited 15
Slide 16: San Jose Provides Much Needed Economic Stimulus & Robust Long Term Employment
San Jose Provides Much Needed Economic Stimulus & Robust Long Term Employment For personal use only 2018 EU Joint Research Centre research noted Extremadura 2018 would benefit from social & economic stimulation, with one of the lowest GDPs in Europe (1) Extremadura continues to be one of the poorest
Slide 17: San Jose Benefits Extremadura
San Jose Benefits Extremadura Halt the significant annual population leakage with real job options For personal use only San Jose Fully Integrated Lithium Project Project Build Mine & Production New Industry Development & Long term Complimentary construction jobs employment industry jobs Innovative
Slide 18: Appendix: Process Flowsheet Summary
Appendix 1 Process Flowsheet Summary For personal use only Infinity Lithium Corporation Limited 18
Slide 19: Extremadura Renewable Energy Contribution
Appendix 2 Extremadura Renewable Energy Contribution For personal use only (1) Source: Caldés-Gómez, N., Díaz-Vázquez, A. R., Promoting solar electricity exports from southern to central and northern European countries: Extremadura case study, EUR 29087 EN, Publications Office of the European Union,
Slide 20: Cost of Production – Battery Grade LC
Appendix 3 Cost of Production – Battery Grade LC For personal use only Infinity Lithium Corporation Limited 20
Slide 21: Scoping Study Outcomes: Robust + Upside
Appendix 4 Scoping Study Outcomes: Robust + Upside For personal use only NPV8 US$401m1 @ US$10,000/t IRR 28% @ US$10,000/t spot price CAPEX US$248m1 spot price Metric (Pre by-product credit) Value Case LCE Price NPV8 Grade (mined) – Lithium Carbonate (year1-8) 2.1% Assumed US$10,000/t US$401m JORC R