Neo Lithium

The Next Major Lithium Producer

We are on the cusp of a global energy transformation on the back of the lithium-ion battery technology. In the near future, the lithium industry will face the challenge to increase production to meet the demand required for the electrification of transportation. Neo Lithium’s 3Q Project is the pre-eminent lithium brine asset in the world to meet this demand. We aim to become one of the most sustainable lithium producers in the market by designing energy efficient facilities, minimizing carbon footprint in our operation, minimizing freshwater consumption, and promoting a sustainable future for the community and the industry.

Investment Highlights

Located in the Lithium Triangle:
• 40% of global production
• >90% of Brine Resources
• 3Q Project is 100% owned and NLC controls entire salar
• Excellent access with current infrastructure

High Grade, Low Impurities and Large Resource & Reserve:
• Highest grade in Argentina
• Lowest critical impurity content in the world
• P&P Reserves 1.3Mt LCE
• M&I Resources 4.0Mt LCE
• Inferred Resources 3.0 LCE

Proven Processing:
• Similar process producing in the region for >20 years
• Fully functional laboratories, pilot scale ponds and plant
• 3Q Project pilot plant producing battery grade lithium carbonate 99.6%

Outstanding Results:
• Pre-feasibility Study completed & Full Feasibility ongoing
• 20ktpa LCE production with post-tax PFS results of US$1.2B NPV8%, ~50% IRR and payback of <2 years
• Significantly undervalued against peers

Best in Class:
• Low impurity = Low OPEX
• US$2,914/t OPEX is lowest quartile in the industry
• High grade = low CAPEX
• ~US$16,000/t CAPEX intensity is the lowest of any greenfield development

Strategic Investor/ Proven Team:
• Strong strategic partner with CATL – largest battery producer in the world
• Strong local technical lithium experience
• Permits in place. EIA imminent. Fiscal stability in the place
• Strong w/c and best in class institutional ownership