Core Lithium Ltd · ASX:CXO
Core Lithium — Shareholder Meeting (November 2021)
20 slides from Core Lithium's shareholder meeting presentation, Nov 25, 2021
Slide 1: Construction Started: Australia's Newest Lithium Producer
For personal use only Construction Started Australia’s Newest Lithium Producer AGM Presentation 25th November 2021
Slide 2: Important and Cautionary Notes
Important and Cautionary Notes For personal use only This presentation has been prepared by Core Lithium Ltd (“Core”, “Company”) and provides a general overview of the Forward‐looking Statements Company and its strategy. This presentation does not purport to be all-inclusive or to contain all the in
Slide 3: Construction started on Australia's newest lithium mine
Construction started on Australia's newest lithium mine For personal use only Construction underway on Core’s 100%-owned Finniss Lithium Project ✓ Site construction and establishment works are now underway ✓ Construction follows Final Investment Decision (FID) in Sep21 ✓ Mining Contract executed (Lu
Slide 4: Construction started on Australia's newest lithium mine
For personal use only Construction started on Australia's newest lithium mine 4
Slide 5: Construction started on Australia's newest lithium mine
For personal use only Construction started on Australia's newest lithium mine 5
Slide 6: Construction started on Australia's newest lithium mine
For personal use only Construction started on Australia's newest lithium mine
Slide 7: Construction started on Australia's newest lithium mine
For personal use only Construction started on Australia's newest lithium mine 7
Slide 8: Australia's Next Lithium Producer
Australia’s Next Lithium Producer For personal use only Construction-started, Fully-Funded, Low-risk, Government Approved ▪ Australia's most advanced new lithium mining project, 88km by sealed road to Darwin Port ▪ Recent Equity raising of A$150m secures funding for Finniss Stage 1 development ▪ Low
Slide 9: Core's Corporate Strategy
Core’s Corporate Strategy For personal use only Create value and contribute to the global energy transformation through growth and vertical integration Stage 1 Stage 2 Stage 3 • Construct Finniss lithium mine and • Produce and market begin production of spodumene lithium fines by-product3 concentrat
Slide 10: Australia's Next Lithium Producer: ASX Listed Peers
Australia’s Next Lithium Producer For personal use only ASX Listed Peers Market Capitalisation (A$m) 7,000 6,000 5,000 On the path to production… 4,000 3,000 2,000 1,000 - Pilbara Orocobre Liontown Vulcan Ioneer Piedmont AVZ Sayona Core European Prospect European Infinity Minerals Resources Energy L
Slide 11: Year Project is Just the Beginning
10 Year Project is Just the Beginning … For personal use only The recently announced Exploration Target has the potential to significantly add Mineral Resource tonnes, and support further extensions and potential Stage 2 Expansion of Finniss Concentrate Production (kt) Million tonnes Li2O (%) Explor
Slide 12: Significant Exploration and Expansion Upside
Significant Exploration and Expansion Upside • Well-funded and with recent acquisitions to accelerate Reserve For personal use only and Resource growth, and potential Stage 2 capacity expansion • New exploration results soon as awaiting over 4,000 assays Ore Reserves Grants BP33 7.4Mt Carlton Hang G
Slide 13: Significant Exploration and Expansion Upside
For personal use only Significant Exploration and Expansion Upside 13
Slide 14: Simple DMS Process & High Quality Concentrate
Simple DMS Process & High Quality Concentrate For personal use only Simple processing means lower cost and low start-up risk Simple DMS (gravity) produces high quality product ✓ +99% of lithium is spodumene Grants Open Cut Mine ✓ Large spodumene crystals liberate at 6mm coarse crush ✓ Simple mineral
Slide 15: Close to Darwin Port & Capital City Infrastructure
Close to Darwin Port & Capital City Infrastructure For personal use only Infrastructure advantages means lower operating and capital costs ▪ Darwin Port is 88km by sealed road – Australia’s closest port to China Middle Arm ✓ Binding agreement with Darwin Port to export up to 250ktpa of conc. Potenti
Slide 16: Government Support
Government Support For personal use only Major Project Status (MPS) for the Finniss Lithium Project is another major milestone Federal Government Support • Major Project Status - Finniss is of strategic significance to Australia • Core awarded A$6 million Modern Manufacturing Initiative (MMI) grant
Slide 17: $6M Federal Grant to Produce Battery Grade LiOH
$6M Federal Grant to Produce Battery Grade LiOH For personal use only Core currently finalising a Scoping Study on LiOH Manufacturing in the NT • Core recently awarded $6 million Modern Manufacturing Initiative (MMI) Grant by the Australian Federal Government • Test work on spodumene concentrate fro
Slide 18: Indicative Project Timeline
Indicative Project Timeline For personal use only 2021 2022 2023 2024 +2025 H2 H1 H2 CY CY CY Stage 1 Concentrate Production DFS release Offtake and finance FID Construction Ramp-up to commercial production Stage 2 Potential Concentrate Production Expansion Resource drilling Feasibility study and ap
Slide 19: Thank you
For personal use only Thank you Authorised for release by the Board of Core Lithium Ltd For more information: Stephen Biggins, Manager Director : +61 8 8317 1700 Core Lithium Ltd Level 1, 366 King William Street, Adelaide For broker and media enquiries: Fraser Beattie: +61 421 505 557 Cannings Purpl
Slide 20: Mineral Resources and Ore Reserves
Mineral Resources and Ore Reserves For personal use only JORC (2012) Resource and Reserves Mineral Ore Reserves Classification Ore Grade Contained Classification Ore Grade Contained Resources Deposit Mt LiO2 % LiO2 Kt Deposit Mt LiO2 % LiO2 t Open pit Measured 1.96 1.50 29,500 Proved 1.8 1.5 26.4 In