Jindalee Resources Limited (“Jindalee”, “Company” or “JRL”) is pleased to present its investor presentation.
- Focused on progressing a world-class, Tier 1 lithium deposit in McDermitt
- Significant Indicated + Inferred Mineral Resource with huge upside
- McDermitt’s large scale is amenable for a low cost, bulk mining operation
- McDermitt has the potential to materially change US lithium supply dynamics, close proximity to major lithium customers
- Jindalee has a track record of value creation (Management has “skin in the game”)
- Portfolio of Australian critical commodities spun-out as Dynamic Metals (ASX: DYM) mid-Jan 2023 (Jindalee holds 25.5% of DYM); Jindalee is now a US Lithium pure-play
Lithium Supply – Demand and the US
Forecast demand dominated by automotive industry – placing upwards pressure on lithium price.
From 1H 2021 to 1H 2022:
- Global passenger EV registrations increased from 4.40M units to 6.23M units (+42%)
- Average battery pack capacity of passenger EV increased from 24.8GWh to 31.4 GWh (+27%)
- Global battery capacity increased from 109.0GWh to 195.5 GWh (+79%)
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