Ann: Process Works Update, page-3

HIGHLIGHTS

Confirmation that the chemical process developed is successful and scalable for producing ‘battery quality’ LCE Product for future development stages Processing works have achieved ‘battery quality’ LCE Product with a 99.8% Li2CO3 content value Current processing works have focussed on; Optimising the production process for confirming the Stage 2 and Stage 3 commercial plant designs; and LCE product refinement and testing to determine the optimal product quality from the Stage 1 plant Plant equipment efficiencies for optimised LCE Product output Approximately 1.2 tonnes of primary/raw lithium carbonate material has been produced to date and utilised for process testworks/product refinement From these works, ~175kg of ‘battery quality’ LCE product has been produced This includes ~70kg of ‘battery quality’ LCE product samples being provided to the preferred potential off-take party for quality confirmation and verification Potential off-take party conducted recent site visit and inspection