Mining a cleaner tomorrow

Mike Young, Managing Director and CEOVimy Resources Limited

Melbourne Mining Club - July 2016

Vimy’s vision and mission

‘Mining a cleaner tomorrow’

Vimy aims to become a reliable and respected uranium producer.

Vimy corporate video

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4

People

Project

Board with proven track records in building mines and management team

with strong uranium experience

Mulga Rock is the third largest undeveloped uranium deposit in

Australia

Growing demand for uranium

Strong balance sheet

Supportive share register

Vimy Resources – a uranium company

Commodity

Financially sound

Shareholders

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People who deliver

A team with proven track records in building mines

Hon. Cheryl Edwardes, AMNon-Executive Chairman

Significant networks in Government and in Asia’s business communityFormer WA State Government Minister holding Ministries of Environment, Labour Relations and Attorney General

Julian TappExecutive Director

Expertise in regulatory approvals

Previous Head of Government Relations and Director of Strategy at Fortescue Metals Group

Mike YoungCEO and Managing Director

Building minesFounding Managing Director of BC Iron LtdUranium experience in Canada and Australia

Tony ChamberlainChief Operating Officer

Considerable experience with Australian uranium projectsExtensive operational and capital delivery experience; has previously worked on several uranium projects globally

Ron ChamberlainCFO and Company Secretary

Finance professional with uranium experienceSignificant experience in funding and development of uranium projectsInaugural CFO for Paladin Energy

Strong balance sheet and shareholder base

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Capital structure Shares on issue 230 million

Share price (14 July 2016) $ 0.32

Market cap $ 73.6 million

Cash (30 June 2016) $ 4.6 million

Debt drawn (30 June 2016) $ 7.5 million

Debt facility available (30 June 2016) $ 7.5 million

Options (unlisted) 2.9 million @ 35c (June 2018)

8.7 million @ 154c (Dec 2018)

8.7 million @ 70c (Dec 2018)

1.4 million @ 80c (Dec 2019)

Significant shareholders Forrest Family Investments 25%

Macquarie 19%

Acorn Capital 19%

Michael Fewster 16%

Resource Capital Funds VI 1 8%

Directors 3.5%

Resource Capital Fund VI (“RCF”) is a group of commonly managed private equity funds, established in 1998 with a mining sector specific investment mandate spanning all hard mineral commodities and geographic regions. Since inception, RCF has supported 148 mining companies, with projects located in 47 countries and across 29 commodities. The sixth fund, Resource Capital Fund VI L.P. (“RCF VI”) with committed capital of $2.04 billion, is now being invested. Further information about RCF can be found on its website www.resourcecapitalfunds.com

Forrest Family Investments (“FFI”) is an Andrew Forrest entity within the Minderoo Group. Andrew Forrest was the founding chief executive officer of Fortescue Metals Group, the world’s fourth largest iron ore producer.

Resource Capital Fund VI A$30m funding package● $ 5 million placement ● $10 million royalty payment (1.15% GSR) ● $15 million bridging loan

Chinese action on climate change

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● Chinese commitments (INDCs*) to UNFCC**– Carbon emissions will peak by 2030 or earlier– Carbon emissions/GDP lowered by 60-65% compared to 2005 levels

(34% already achieved)– Increase share on non-fossil fuels in primary energy to ~ 20%

› Will require > 150 GW by 2030

● Primary energy from non-fossil fuels (in 2014) ~ 11.2%

Source of power

Design capacity

Capacity utilisation

factor

Energy generated

TWh

Share of primary energy

Hydro ~ 300 GW ~ 40% ~ 1065 8.6%

Wind ~ 115 GW ~ 16% ~ 160 1.3%

Solar ~ 30 GW ~ 11% ~ 30 0.2%

Nuclear ~ 20 GW ~ 72% ~ 125 1.0%

Photos courtesy of guardianlv.com, vice.com and theaustralian.com.au* Intended Nationally Determined Contributions; ** United Nations Framework Convention on Climate Change

U market – supply vs demand

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Operating nuclear capacity forecast (GWe gross)

Global supply forecast (Mlbs/yr U308eq)

● RJL is conservative vs WNA● 2020E units running or under

construction● Planned = approved and funded

but no concrete

● Flat growth● Clear mismatch● Requires >$50 US

Source: Raymond James, 2015

Uranium price

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Global uranium incentive price curve for planned and potential new primary supply

Source: Raymond James, 2015

Cumulative production of planned / potential new mines at max. capacity (Mlbs/yr)

Ince

ntiv

e ur

aniu

m p

rice

(US$

/lb)

Spot Price

LT Price

Mulga Rock Project – Western Australia

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Australia’s third largest undeveloped U deposit

Simple mining

Simple geology

Simple metallurgy

Simple product Simple transport

76.2Mlb U3O8 Resource + 17 year mine life

Flat lying lignite-hosted; shallow open pit

Proven techniques; free-dig mining methods

Strip mining allows “real time” rehab

Beneficiation breakthrough; simple acid leach technology

Yellowcake product shipping via Adelaide

U3O8 Mineral Resource Estimate

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Deposit / Resource Classification

Cut-off grade

(ppm U3O8)Tonnes

(Mt)U3O8 (ppm)

U3O8(Mlb)

Mulga Rock East

Princess Indicated 150 1.3 690 1.9

Princess Inferred 150 2.5 380 2.1

Ambassador Indicated 150 19.8 720 31.5

Ambassador Inferred 150 10.4 330 7.7

Sub-total 34.1 580 43.2

Mulga Rock West

Emperor Inferred 150 28.4 450 28.1

Shogun Inferred 150 4.1 550 4.9

Sub-total 32.5 460 33.0

Total Resource 66.6 520 76.2

This Resource estimate was released to the ASX on 23 June 2016 Please see www.asx.com.au/asxpdf/20160623/pdf/4382qcpt6zk1bv.pdf

Mulga Rock Project location plan

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● 76.2 Mlb U3O8 Resource, >17 year mine life

● 58Mlb U3O8 Mineral Inventory (diluted and recovered)

● Remote, arid location with no local inhabitants +200km to nearest town

● Deposits covered by granted Mining Leases on vacant Crown land

Deposit location plan showing development envelope

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Pits

Overburden landforms

MRP development envelope

Supporting infrastructure –

airstrip and camp

Processing infrastructure

Project boundary (mining tenure)

Geology: carbon-rich sediment host rock

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Drill hole

Typical aircore drill hole

Overburden –oxidised sediments

Redox boundary

Uranium-bearing carbonaceous sandstone

● Hosted within deeply weathered sediments comprising carbonaceous sandstone; silt; sandy lignites

● Mostly Uraninite (UO2) associated with carbonaceous material and lignite – no complex silicate minerals

● Deep weathering = soft friable rock

● Deep pit voids to provide tailings disposal and waste dumps

● Japanese test pit at Shogun in 1980s shows clear demarcation between carbon-rich mineralisation and oxidised overburden

● Overburden amendable to free dig mining methods● DFS will optimise bulk mining methods for overburden

excavation using coal mining technology● Strip mining method results in in-pit waste disposal and ‘real

time’ rehabilitation – key environmental factor● Pit voids to be used for tailings disposal and management –

key environmental factor

Mining: simple, established mining methods

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Close-up in Japanese test pit (1980s) showing carbon-rich ore and free dig nature

of material

Ambassador East pitFebruary 2016

Geotechnical investigation trenches

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● Free dig / dozer ripping – no blasting● Geotech confirmed – upper horizon highly stable● Mining rates higher than expected● Groundwater level as expected● 25t ore sample mined

Strip mining method – in-pit crushing and conveying

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Ore mining method – selective mining

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Mining: large, strip mining operation

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Backfilled overburden

Rehabilitation

Mined out

Exposed ore

Overburden

Tailings facility(pit void)

Processing plant

Proven metallurgy

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Four stage process● Beneficiation – removes gangue sands● Sulphuric acid leach● Resin-In-Pulp ion exchange● Uranium precipitation and packaging

Base metal plant RIP ion exchange

Crushing

Thickeners

Acid leach

ElutionUranium packaging

From bene plant

Process development – pilot test work

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Resin-in-Pulp circuitLeach tank trainUpward classifier

Definitive Feasibility Study - activities

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● Optimisation of resource upgrades (August)

● Material movements using mechanised mining equipment

● One third of Mulga Rock’s operating cost associated with overburden removal – key element of DFS

● Conversion Indicated Probable Ore Reserves (August)

● Expecting ~ 30Mlbs● Underpins initial 10 year

mine life● Further +7 years in

Optimised Mineral Inventory

● Beneficiation circuit successfully proves upgrade concept

● Leach and RIP work underway

● Verify metallurgical recoveries

● Generate final process design criteria for DFS engineering

Mine design Ore reserves Process piloting

Definitive Feasibility Study - activities

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● Project Mngr GR Engineering● Plant design to produce

3Mlbs U3O8

● Assessment of supporting infrastructure

● Expect a +/-10% accurate capital and operating cost estimate

● Active U marketing underway – Areva, EDF, Exelon, etc.> Strong interest in Australian U> Social licence important

● Early engagement with banks – Soc Gen, C-A, Natixis, etc.

● Equatorial principles

● Early works include:o Mine access roado Communications towero Water borefieldo Pre-clearing of Princess pit

EngineeringU marketing and project finance First shovel in ground

Mulga Rock Project timeline to first uranium

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FID

Board approval to proceed

Final Investment Decision

(FID)

2016 2017

Activity Q1 Q2 Q3 Q4 Q1

Definitive Feasibility StudyPublic Environmental ReviewMining approvalsWorks approvalsResource update and ore reserveMetallurgical pilot test workUranium marketingProject construction financingFinal Investment Decision (FID)

Project Construction Q1 Q2 Q3 Q4 Q5 Q6 Q7 Q8

Engineering and procurement

Civils and site infrastructure

Plant fabrication

Pre-strip and ore mining

Commissioning

Hand-over and first U3O8

Investment summary

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Globally significant uranium deposit - size and scale

Excellent commodity opportunity- growing uranium demand

People with track record and vision

“Non-stop” development schedule

Strong balance sheet

For more information on the uranium industry

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See Vimy Resources website – Useful linkshttp://www.vimyresources.com.au/index.php/2016-06-16-01-41-27/uranium-information

Disclaimer and statement of confirmation

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The purpose of this presentation is to provide general information about Vimy Resource Limited (Vimy); it constitutes a professional opinion only and is given in good faith. It is not recommended that any person makes any investment decision in relation to Vimy based on this presentation. To the extent that this presentation contains "forward-looking statements“ they are only subjective predictions and are subject to inherent risks and uncertainties which could cause outcomes to differ materially from those expressed, implied or projected in such forward-looking statements. No representation or warranty, express or implied, is made by Vimy that the material contained in this presentation is accurate, reliable, relevant or complete, or will be achieved or prove to be correct.

To the extent permitted by law, Vimy and its officers, employees, related bodies corporate, agents and advisers, disclaim any responsibility for the accuracy or completeness of the material contained in this presentation and excludes all liability whatsoever (including in negligence) for any loss or damage which may be suffered by any person as a consequence of any information in this presentation or any error or omission therefrom. Vimy accepts no responsibility to update any person regarding any inaccuracy, omission or change in information in this presentation or any other information made available to a person nor any obligation to furnish the person with any further information. All amounts expressed are in $A unless stated otherwise.

Pre-feasibility Study statementThe Company advises that the Pre-feasibility Study referred to in this announcement is based on lower-level technical and preliminary economic assessments, and does not yet support a statement of Ore Reserves or to provide assurance of an economic development case at this stage, or to provide certainty that the conclusions of the PFS will be realised. The Production Target referred to in this announcement is partly based on Inferred Mineral Resources (which comprise approximately 28% of the Inferred Resource mined during the project payback period of 7 years at the capital breakeven uranium price). There is a low level of geological confidence associated with the Inferred Mineral Resources and there is no certainty that further exploration work will result in the determination of Indicated or Measured Mineral Resources or that the production target or preliminary economic assessment will be realised.

Statement of confirmation by CompanyThe Company confirms that all the material assumptions underpinning the information in the Pre-Feasibility Study release of 17 November 2015 continue to apply and have not materially changed.

The Resource Estimate referred to above was announced to the market by the Company on 23 June 2016. The Company is not aware of any new information, or data, that affects the information in that announcement and that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed.

AppendixBiographies – Board and key managementResource Estimates and tablePre-feasibility Studies project metrics

People: The Board

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The Hon. Cheryl Edwardes – Non-Executive Chairman● Former WA State Government Minister holding Ministries of Environment, Labour Relations and Attorney General● Providing statutory and approvals advice to Atlas Iron, Hancock Prospecting, FTI Consulting● Significant networks in State and Federal Government and broad experience and networks in China’s business community

Mike Young – Chief Executive Officer and Managing Director ● Founding Managing Director of BC Iron Limited (ASX200:BCI) from 2006 to 2013. BC Iron went from first drill hole to first ore on ship in under four years

and now exports 6 Mtpa of iron ore from a JV with FMG (75:25 BCI:FMG)● Experienced mining consultant – Resource modelling and estimation – with Golder Associates● Founding director of uranium developer Bannerman Resources and currently non-executive Chairman of Cassini Resources● Studied at Queens University, Ontario and worked on uranium exploration projects and mines in Canada

Julian Tapp – Executive Director● Head of Government Relations and Director of Strategy at Fortescue Metals Group until 2012 with special responsibility for expediting approvals● Trained as an economist in London, lectured at a number of universities including the London School of Economics● Chief Economist for Ford Europe, BP and Rover Group before transitioning into role as Director, New Business Development

David Cornell – Non-Executive Director● Founding director of the Element Group with significant commercial and financial experience in the mining and oil and gas sectors● Previously an associate director at the LinQ group which managed Australia’s largest listed resource fund● Specialist in providing corporate and professional services to both WA junior explorers and international mining companies

Andy Haslam – Non-Executive Director● Highly qualified mining executive, with significant experience in project development and operations for both miners and mining contractors● Currently Non-Executive Director of BC Iron and industry representative on WA Quarry Managers’ Board of Examiners● Holds Diplomas in Mining and Extractive Industries Management from University of Ballarat, Victoria and SEM College in Western Australia

Mal James – Non-Executive Director● Resources company director with extensive background in finance and accounting● Very strong focus on uranium, developed over ten years at Peninsula Energy as Executive Director responsible for daily operations through to finance● Holds a Bachelor of Business (Accounting) from RMIT Melbourne, Fellow of Australian Institute of Company Directors and is a Member of AusIMM

People : The Team

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Ron Chamberlain – Chief Financial Officer and Company Secretary● Financial professional with over 25 years’ experience in resources companies – exploration through to mine closure

● Significant experience with uranium companies as inaugural CFO for Paladin Energy and Extract Resources

● Bachelor of Commerce from UWA and Fellow of Chartered Accountants Australia and New Zealand

Tony Chamberlain – Chief Operating Officer● Involved in a number of uranium projects in Australia, Asia, Africa and Eurasia● Extensive operational and process engineering experience with WMC and BHP Billiton projects ● Delivered pre-feasibility and feasibility studies and process design packages for Goldfields, Barrick, Paladin and Mega Uranium

Xavier Moreau – Geology and Exploration● General Manager of Geology and Exploration at Vimy since February 2010● Valuable uranium project management experience with Areva and U3O8 Limited ● Extensive experience in uranium and gold exploration with Areva and Afmeco with significant time spent on Goldfields projects● Educated in France and Canada and holds an Honours degree in Geology

PFS Optimised Diluted Mineral Inventory – November 2015

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Deposit / Pits

Ore Tonnes

(Mt)U3O8(ppm)

U3O8(Mlbs)

Cu(ppm)

Zn(ppm)

Ni(ppm)

Co(ppm)

Waste Tonnes

(mt)

Mulga Rock East

Princess 3.7 450 3.7 460 815 330 175 54

Ambassador 28.0 550 34.0 245 890 475 220 378

Sub-Total 31.7 535 37.6 270 885 460 215 432

Mulga Rock West

Emperor 14.3 500 15.8 - - - - 319

Shogun 5.8 445 5.7 - - - - 69

Sub-Total 20.1 485 21.5 - - - - 388

Total Inventory 51.8 515 58.9 270 885 460 215 820

The Pre-feasibility Study was released to the ASX on 17 November 2015. See: http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01685657

Mulga Rock Maiden Ore Reserve

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Deposit / Resource ClassificationCut-off Grade

(ppm U3O8)Tonnes

(Mt)U3O8(ppm)

Total MetalU3O8(Mlb)

Mulga Rock East

Princess Probable 150 1.3 640 1.8

Ambassador Probable 150 13.9 660 20.2

Total Reserve 15.2 660 22.1

● Mulga Rock Maiden Ore Reserve announced to ASX 30 March 2016

● Based on work carried out during PFS

● Approximately 97% of Indicated Resources in PFS mine schedule has been converted to Ore Reserves

This Reserve estimate was released to the ASX on 30 March 2016. Please see http://www.asx.com.au/asxpdf/20160330/pdf/436587mktclpz4.pdf

Pre-feasibility Study results

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Life of Mine (LOM) 17.1 yearsNameplate Run-of-Mine 2.65 MtpaROM Uranium Grade (Years 1-10) 601 ppm U3O8

ROM Uranium Grade (LOM) 515 ppm U3O8

Average Strip Ratio LOM (waste tonne / ore tonne) 15.8Overall Metallurgical Recoveries

Uranium 85.3%Copper 35%Zinc 48%Nickel 43%Cobalt 38%

Annual Production – Uranium as U3O8 3.00 Mlbs U3O8

Process plant and infrastructure capital costs US$254MMine pre-strip cost (additional to process plant capital) US$33.6MUranium Opex Years 1 - 10 (after by-product credits) US$27.77 / lb U3O8

Uranium Opex Years 1 - 10 (before by-product credits) US$31.47 / lb U3O8

Uranium Opex LOM (after by-product credits) US$31.32 / lb U3O8

Uranium Opex LOM (before by-product credits) US$33.89 / lb U3O8

Base Case Uranium Price US$65.00 / lb U3O8

Exchange Rate A$:US$ 0.7019NPV (inclusive of royalty, pre-tax @ 10% DCF) A$432MIRR (inclusive royalty, pre-tax) 25.1%Payback from start of production 3.9 years

A flat exchange rate of A$1.00 : $US$0.7019 and a flat uranium price of US$65/lb U3O8 have been assumed across the entire project life for the Pre-feasibility Study. Base metal prices are based on LME spot prices as of 1 September on a Real LOM flat rate basis.

We are proud that Mulga Rock will deliver enough uranium fuel

to offset the equivalent of 50Mt of CO2 emissions

per year or 10% of Australia’s

total CO2 emissions

The Pre-feasibility Study was released to the ASX on 17 November 2015

See: http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01685657

Melbourne Mining Club – Cutting Edge SeriesMt Holland Project WA- The game changer July 2016

This presentation has been prepared and issued by Kidman Resources Limited (“the Company”). It contains general information about the Company’s activities current as at the date of the presentation. The information is provided in summary form and does not purport to be complete. This presentation is not to bedistributed (nor taken to have been distributed) to any persons in any jurisdictions to whom an offer or solicitation to buy shares in the Company would be unlawful. Any recipient of the presentation should observe any such restrictions on the distribution of this presentation and warrants to the Company that thereceipt of the presentation is not unlawful. The presentation does not constitute, and should not be considered as, an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation with respect to those securities.

This presentation contains forecasts which are based on various assumptions. While the Company has endeavored to ensure that that these assumptions are reasonable, the Company can not factor in future events which are not foreseeable. Therefore, it is possible that the forecasts may not be achieved.

To the maximum extent permitted by law, no representation, warranty or undertaking, express or implied, is made and, to the maximum extent permitted by law, no responsibility or liability is accepted by the Company or any or its officers, employees, agents or consultants or any other person as to the adequacy,accuracy, completeness or reasonableness of the information in this presentation. To the maximum extent permitted by law, no responsibility for any errors or omissions from this presentation whether arising out of negligence or otherwise is accepted. An investment in the Company is to be considered highlyspeculative.

This presentation contains general summary information about KDR. The information, opinions or conclusions expressed in the course of this presentation should be read in conjunction with KDR’s other periodic and continuous disclosure announcements lodged with the Australian Securities Exchange (ASX), which areavailable on the KDR website. No representation or warranty, express or implied, is made in relation to the fairness, accuracy or completeness of the information, opinions and conclusions expressed in this presentation

Competent Person Statements

The Information contained within this public announcement is extracted from the report entitled Convergent Minerals Limited Annual Report to Shareholders created on 30/09/2014 and is available to view on the ASX website. The Competent person responsible for the information contained within this report is Mr.Robin Rankin MSc DIC MAusIMM(CP). The company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and, in the case of estimates of Mineral Resources or Ore Reserves, that all material assumptions and technicalparameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement.

The Information contained within this public announcement is extracted from the report entitled Convergent Minerals Limited Presentation for Resources Symposium Broken Hill 2015 created on 26/05/2015 and is available to view on the ASX website. The Competent person responsible for the information containedwithin this report is Mr. David Price FAusIMM. The company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and, in the case of estimates of Mineral Resources or Ore Reserves, that all material assumptions andtechnical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original marketannouncement.

Exploration: The information in this release that relates to sampling techniques and data, Exploration Results, geological interpretation and Exploration Targets has been compiled by Mr. Michael Green BSc (Hons), MAusIMM, an employee of the Company. Mr. Green is a Member of the Australian Institute of Miningand Metallurgy and he has sufficient experience with the style of mineralisation and types of deposits under consideration, and to the activities undertaken, to qualify as a competent person as defined in the 2012 Edition of the "Australian Code for the Reporting of Exploration Results, Mineral Resources and OreReserves (The JORC Code). Mr. Green is a shareholder in KDR. Mr. Green consents to the inclusion in this report of the contained technical information in the form and context in which it appears.

Resource Estimation - Burbanks: The information in this release that relates to the Estimation and Reporting of Mineral Resources has been compiled by Mr. Richard Buerger BSc (Hons). Mr. Buerger is a full-time employee of Mining Plus Pty Ltd and has acted as an independent consultant on the Burbanks DepositMineral Resource estimation. Mr. Buerger is a Member of the Australasian Institute of Mining and Metallurgy and of the Australian Institute of Geologists and has sufficient experience with the style of mineralisation, deposit type under consideration and to the activities undertaken to qualify as a Competent Personas defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (The JORC Code). Mr. Buerger consents to the inclusion in this report of the contained technical information relating the Mineral Resource Estimation in the form and context in which itappears.

Resource Estimation – Gunga West: The information in this release that relates to the Estimation and Reporting of Mineral Resources has been compiled by Ms. Lisa Bascombe BSc. Ms. Bascombe is a full-time employee of Mining Plus Pty Ltd and has acted as an independent consultant on the Gunga West DepositMineral Resource estimation. Ms. Bascombe is a Member of the Australian Institute of Geologists and has sufficient experience with the style of mineralisation, deposit type under consideration and to the activities undertaken to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Codefor Reporting of Exploration Results, Mineral Resources and Ore Reserves (The JORC Code). Ms. Bascombe consents to the inclusion in this report of the contained technical information relating the Mineral Resource Estimation in the form and context in which it appears.

Ore Reserve estimation: The information in this report which relates to the Burbanks Gold Project’s Christmas Pit is based on information compiled by Gary McCrae, Mining Engineer and a full time employee of Minecomp Pty Ltd and who is a member of the Australasian Institute of Mining and Metallurgy. GaryMcCrae has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and OreReserves prepared by the Joint Ore Resources Committee, the Australian Institute of Mining and Metallurgy, Australian Institute of Geoscientists and the Mineral Council of Australia.” Gary McCrae consents to the inclusion in the report of the matters based on this information in the form and context in which itappears.

Cautionary Statement

Readers should use caution when reviewing the exploration and historical production results presented and ensure that the Modifying Factors described in the 2012 edition of the JORC Code are considered before making an investment decision.

DISCLAIMER

2

CORPORATE AND FINANCIAL OVERVIEW

3

Capital StructureASX Code KDR

Shares on Issue 237.3m

Share Price $0.34

Market Cap $79.5 M

Directors & Key Management

Peter Lester Chairman, Non-Executive Director

Martin Donohue Managing Director

Brad Evans Non-Executive Director

Chris Williams General Manager - Operations

Michael Green Exploration Manager

Jason Eveleigh Chief Financial Officer

Justin Mouchacca Company Secretary

KD

R: Y

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Sha

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rice

Per

form

ance

Options

Listed KDRO 15c strike European style option

Expiring 30th April 2018

BOARD AND MANAGEMENT

4

CHAIRMAN, Peter LesterPeter is a mining engineer with more than 40 years experience in the mining industry in various roles including construction, project and mine management. Corporate andfinancial advisory services and in business development with responsibility for strategic planning and corporate development, predominantly in precious and base metals. Hehas worked in operational roles at Mt Isa and Broken Hill, as well as senior executive positions with North Ltd, Newcrest Mining Limited, Oxiana / Oz Minerals Limited andmost recently with Citadel Resources Group Limited. Peter is also currently chairman Doray Minerals (DRM).

MANAGING DIRECTOR, Martin DonohueMartin Donohue was the founder of Kidman Resources which listed on ASX in 2011 and he subsequently took on the role of Managing Director in October 2014 with the aimof making strategic acquisitions during the resource sector downturn. Martin has around 20 years’ experience in equity capital markets and the natural resources sectorwhere he has been directly involved in evaluating mineral projects at various stages of development and raising capital.Martin is a director of several private and public companies focused on precious and base metals in Australia and New Zealand. He is Non Executive Chairman of E2 Metalswhich is a gold exploration and development company and is also the principal of Penstock Advisory, a private consulting and investment company based in Melbourne thatspecialises in identifying , managing and developing mineral projects in Australia and overseas.

NON EXECUTIVE DIRECTOR, Brad Evans

Brad is a mining engineer with over 17 years’ experience within the mining industry and is currently General Manager of Mining Plus, an international Mining Consultancy. Hehas a multitude of experience ranging from mine production, planning and management on mine sites, to organisation leadership within Mining Plus. He has led the growth ofMining Plus from 10 to 60 employees and it now has offices in five countries around the world. He is the holder of a First Class Mine Manager’s Certificate of Competency inboth Western Australia and New South Wales.

GENERAL MANAGER OPERATIONS, Chris Williams

Chris is a mining engineer who has over 30 years experience in underground and open pit mining operations and management roles throughout Australia.Before joining Kidman Chris worked for 12 years at Panoramic Resources in a number of senior roles including General Manager Operations for the Savannah andLanfranchi nickel mines and General Manager Projects and Technical Services. Prior to Panoramic Resources Chris was Mine Superintendent for New Hampton Goldfieldsand Harmony Gold Mines at their Jubilee Operation near Kalgoorlie.

GEOLOGY MANAGER, Michael Green

Michael is an experienced and accomplished Geologist with 10 years experience. He spent 6 years at Newmont working in both the Regional Exploration Team in Qld, NSWand the NT before moving to the Tanami Operations where he was responsible for both near mine and District exploration. During that time at Newmont Michael was a part ofthe team that made the Oberon Regional discovery, and the near mine Auron Ore body discovery which has significantly increased the LOM at Newmont Tanami Operations.Responsible for near mine resource development and delineation with a significant component involving the management of contractors and a large geology team.

KIDMAN OVERVIEW

5

PURELY AUSTRALIAN FOCUSED RESOURCE COMPANY BASED IN MELBOURNE

GOLD• Mt Holland Project WA- 50km of strike over the Forrestania Greenstone Belt• Burbanks Mine WA- Producing Gold mine located near Kalgoorlie• Esmeralda Qld- Early stage highly prospective Gold exploration project

LITHIUM• Mt Holland Project WA- Recent drill assays confirm significant new

discovery with both high grades and significant near surface tonnage potential on granted mining leases

BASE METALS- Cu, Ni, Pb, Zn • Barrow Creek NT- Home of Bullion and Prospect D base metal project

including combined Inferred and Indicated Resource• Browns Reef NSW- Cobar Basin base metal project• Crowl Creek NSW- Projects adjacent to Mineral Hill mine

Lithium

BURBANKS GOLD MINE - WA

6

• Acquired in June 2015 during downturn for $5.4 mil including Gunga West satellite open pit ( Gunga subsequently sold for up to $2.5m to Metals X) • No Resource at time but Combined Measured, Indicated and Inferred Resource of 99,000 oz at 5.6 g/t by Aug 2015 (Refer to KDR announcement 25th August 2015)

• Historical production of 366,000 oz’s at 13.9 g/t with mineralised zones still open at depth and along strike• Kidman poured first gold mid September 2015 • Changed mining contractors January 2016 and undertook significant capital improvements • Production now recommencing from Dahmu lode

MT HOLLAND PROJECT WA – The game changer

7

• Agreed to acquire out of recent administration in Dec 15 for only $3.5 mil or $3.20 per gold ounce or less than the cost of discovery

• Completed acquisition early July 2016 after shareholder approval

• Located near Southern Cross about 4hrs drive east of Perth

• Extensive existing infrastructure and gold endowment (Refer ASX release Dec 18th 2015 for details)

• Significant new Lithium discovery with both high grades and large tonnage potential

• Many targets remain open• Fully permitted with Granted Mining Leases• Relatively underexplored ground holding with 50km of

the Forrestania greenstone belt• Aggressive drilling programs now commencing

MT HOLLAND -MULTIPLE TARGETS OVER 50KM = OPTIONALITY

8

• Project wide data review has now defined priority Gold and Lithium targets……….

* Current priority targets all on granted mining leases

Blue Vein Gold*

Van Uden Gold*

Twinings Group Gold*

Victory Gold

Gold City Gold

Bushpig Gold

Razorback Gold

Cheritons Gold

Squealer Gold

Earl Grey Lithium*

Prince of Wales Lithium*

Texas Lithium

Bounty Lithium

MHG EXISITING INFRASTRUCTURE

9

• Granted Mining Leases

• Existing haulage roads, public road, airstrip & tailings storage facility

• Existing site office and staff accommodation including all amenities in place

• Western Power substation located on site

• Water sourced from the flooded Bounty underground mine/ borefield

• Communications facilities

• Pit ramp to existing open pit

• Cleared ROM pad area (sufficient for stockpile and haulage loading)

• Shorter lead times and capital costs to production

GOLD - BLUE VEIN GOLD DEPOSIT

10

• Blue Vein deposit remains open in multiple directionsRefer ASX release Dec 18th 2015 for more details on

Resource

• Results include 14.5m @ 13.6 g/t and 4m @ 10.7 g/t

• Leapfrog modelling and drill optimisation complete

• Significant down dip potential as considered an analogue to the Bounty Mine which was mined to 1.2km depth producing 1.2 mil ounces

• Aiming to increase confidence as well as grade and tonnes for increased mine life

• Commencing drill out has been planned with approximately 90 hole program over next 3-4 months

• Significant near term news flow in an improving gold market

BLUE VEIN DEPOSIT -AERIAL VIEW OF HISTORIC OPEN PIT

11

GOLD – VAN UDEN GOLD DEPOSIT

12

• Existing open pit mining potential on granted mining lease. Refer ASX Release 18th Dec 2015 for resource details• 8000m of drilling now planned• Aiming to upgrade existing resource which is open along strike and at depth with only 8 of 2058 holes drilled deeper

than 100m below surface, none below 200m• Pit optimisation study already underway to further define drill targets• Results include; 12m @ 6.38 g/t from 41m, 15m @ 4.36 g/t from 65m , 13m @ 4.66 g/t from 41m

VAN UDEN – TASMAN PIT REMAINS OPEN

13

VAN UDEN GROUP DEPOSIT

14

GOLD - TWININGS GROUP GOLD DEPOSITS

15

• Existing open pit mining potential on granted mining lease- underground mining potential to also be tested

• 6200m of drilling planned for Darjeeling high grade shoot and Irish Breakfast deposit

• Aiming to upgrade existing gold resource which remains open with only 481 drill holes over 1.4km of which 27 are drilled to between 100m-

200m and 1 hole deeper than 200m

• Results include ; 14m @ 8.36 g/t from 19m, 5m @ 8.04 g/t from 165m, 13m @ 5.16 g/t from 21m

TWININGS DEPOSIT

16

LITHIUM / EARL GREY -SUBSTANTIAL NEW DISCOVERY

17

• First RC drill hole results last week

• All holes were terminated in mineralisation so actual thickness of the pegmatite still unknown

• Extensive Spodumene mineralisation; very high Lithium grades with individual samples up to 3.94% Li2O and outstanding widths already at 50m true width

• Mineralisation dips around 20-25 degrees-good open cut potential for low strip ratio

• 45m @ 1.81% Li2O including 7m @ 2.23% Li2O• 39m @ 1.93% Li2O including 12m @ 2.46 % Li2O• 52m @ 1.53% Li2O (see KDR ASX Announcement 15 July 2016)

• Plans already underway to mobilise a rig to sitefor an extensive drilling program

• Targeting maiden resource

• Located on granted mining lease with existing infrastructure.

OUTSTANDING LITHIUM POTENTIAL

18

• Much more than just the Earl Grey Lithium discovery

• Data review highlights multiple large near surface pegmatites over 25km

• All confirmed by historic drilling that has never assayed for Lithium

• Many pegmatites are located on granted mining lease

• Compelling exploration potential as a major Lithium field with major tonnage potential

• Other priority targets include Prince of Wales which sits at surface along strike from the Earl Grey discovery with drill data confirming the pegmatite is 2.2km long , up to 340m wide and open

• Texas pegmatite is 6.3km long based on drill data

• Bounty pegmatite confirmed as spodumene bearing with recent drill results on June 2nd of 54.2m @ 1.53% Li2O and 33.5m @ 1.39% Li2O

INVESTMENT HIGHLIGHTS

19

• Kidman currently in production at its Burbanks Gold Mine in WA

• Recently completed the acquisition of Mt Holland Gold / Lithium project in WA

• Both Gold and Lithium targets on granted mining leases with significant infrastructure already in place

• Mt Holland aggressive drilling programs on both Gold and Lithium targets to provide multiple share price catalysts

• Highly significant new Lithium discovery showing both exceptional grades and near surface tonnage potential

• Lithium drill program commencing shortly at Earl Grey and other shallow targets like Prince of Wales

• Resource drill out on high grade Blue Vein gold deposit underway with further drill programs at Van Uden imminent

• Divesting non core base metals projects to focus on core assets in Gold / Lithium

APPENDIX: BURBANKS RESOURCE

20

Tonnes Grade Ounces Tonnes Grade Ounces

Open Pit Resource 1.0 30,000 4.5 4,500 10,000 4.7 1,500

Underground Resource 2.5 185,500 5.8 34,500 325,000 5.6 58,500

Total Resource 1.0/2.5 215,000 5.6 39,000 335,000 5.5 60,000

Area Cut-Off

Indicated Inferred

Mineral Resource Estimation for the Burbanks Deposit - as of the end of July 2015

The preceding statements of Mineral Resources conforms to the Australasian Code for

Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code) 2012

Edition. All tonnages reported are dry metric tonnes. Minor discrepancies may occur due ro rounding

to appropriate significant figures.

Refer to KDR announcement 25th August 2015

For Further Information: Martin Donohue Managing Director martin@kidmanresources.com.au

1

INVESTOR PRESENTATIONJULY 2016

2

CAUTIONARY NOTES

This presentation has been prepared by the management ofOrocobre Limited (the ‘Company’) in connection with meetingswith institutional investors and for the benefit of brokers andanalysts and not as specific advice to any particular party orperson. The information is based on publicly availableinformation, internally developed data and other sources. Whereany opinion is expressed in this presentation, it is based on theassumptions and limitations mentioned herein and is anexpression of present opinion only. No warranties orrepresentations can be made as to the origin, validity, accuracy,completeness, currency or reliability of the information. TheCompany disclaims and excludes all liability (to the extentpermitted by law) for losses, claims, damages, demands, costsand expenses of whatever nature arising in any way out of or inconnection with the information, its accuracy, completeness orby reason of reliance by any person on any of it.

This presentation contains “forward-looking information” withinthe meaning of applicable securities legislation. Forward-lookinginformation is often characterized by words such as “plan”,“expect”, “budget”, “target”, “project”, “intend”, “believe”,“anticipate”, “estimate” and other similar words or statementsthat certain events or conditions “may” or “will” occur. Forward-looking information may include, but is not limited to, thesuccessful ramp-up of the Olaroz Project, and the timingthereof, the design production rate for lithium carbonate at theOlaroz Project, the expected brine grade at the Olaroz Project,the Olaroz project’s future financial and operating performanceincluding production, rates of return, operating costs, capitalcosts and cash flows, the comparison of such expected costs toexpected global operating costs, the ongoing workingrelationship between Orocobre and the Provinces of Jujuy andSalta, the on-going working relationship between Orocobre andOlaroz project financiers Mizuho Bank and JOGMEC and thesatisfaction of any lending covenants, the future financial andoperating performance of the Company, its affiliates andsubsidiaries including Borax Argentina, the estimation and

realization of mineral resources at the Company’s projects, theviability, recoverability and processing of such resources, timingof future exploration at the Company’s projects, timing andreceipt of approvals, consents and permits under applicablelegislation, trends in Argentina relating to the role of governmentin the economy (and particularly its role and participation inmining projects), adequacy of financial resources, forecastsrelating to the lithium, boron and potash markets, potentialoperating synergies between the Salinas Grandes and Cauchariprojects and the Olaroz project, the potential processing ofbrines from the Cauchari Project and the incremental capitalcost of such processing, expansion, growth and optimisation ofBorax Argentina’s operations, the integration of BoraxArgentina’s operations with those of Orocobre and anysynergies relating thereto and other matters related to thedevelopment of the Company’s projects and the timing of theforegoing matters.

Forward-looking information is subject to known and unknownrisks, uncertainties and other factors that may cause actualresults to be materially different from those expressed or impliedby such forward-looking information, including but not limited tothe risk of further changes in government regulations, policies orlegislation; that further funding may be required, butunavailable, for the ongoing development of the Company’sprojects; fluctuations or decreases in commodity prices;uncertainty in the estimation, economic viability, recoverabilityand processing of mineral resources; risks associated withdevelopment of the Olaroz Project; unexpected capital oroperating cost increases; uncertainty of meeting anticipatedprogram milestones at the Olaroz Project or the Company’sother projects; general risks associated with the feasibility anddevelopment of the Olaroz Project and the Company’s otherprojects; risks associated with investments in publicly listedcompanies, such as the Company; risks associated with generaleconomic conditions; the risk that the historical estimates forBorax Argentina’s properties that were prepared by Rio Tinto,

Borax Argentina and/or their consultants (including the size andgrade of such resources) are incorrect in any material respect;the inability to efficiently integrate the operations of BoraxArgentina with those of Orocobre; as well as those factorsdisclosed in the Company’s Annual Report for the year endedJune 30, 2015 filed at www sedar.com.

Forward-looking information is based on a number ofassumptions and estimates that, while considered reasonableby the Company, may prove to be incorrect. Assumptions havebeen made regarding, among other things: the Company’sability to carry on its exploration and development activities at itsprojects and to continue production at Borax Argentina’sproperties, the timely receipt of required approvals, the prices oflithium, potash and boron, the ability of the Company to operatein a safe, efficient and effective manner and the ability of theCompany to obtain financing as and when required and onreasonable terms. Readers are cautioned that the foregoing listis not exhaustive of all factors and assumptions which may havebeen used. Although the Company has attempted to identifyimportant factors that could cause actual results to differmaterially from those contained in forward-looking information,there may be other factors that cause results not to be asanticipated, estimated or intended. There can be no assurancethat such information will prove to be accurate, as actual resultsand future events could differ materially from those anticipatedin such information. Accordingly, readers should not placeundue reliance on forward-looking information. The Companydoes not undertake to update any forward-looking information,except in accordance with applicable securities laws.

3

INVESTMENT THESIS

PRODUCTION VOLUME GROWTHOn track to reach nameplate production run rate of 17.5KT p.a. lithium carbonate production at Olaroz by November 2016

MARKET DEMANDTightening market, accelerating battery market growth and strong baseline demand from traditional markets

STRONG PRICE GUIDANCEConsistent quarter-on-quarter contract price growth (~US$7,500/tonne to >US$10,000/tonne Q2 to Q3)

OPERATIONAL IMPROVEMENTForecast operating costs of <US$2,500/tonne to be achieved through increased production rates, improved reagent consumption & optimised process controls

EXPANSIONLarge Resource. Scoping study to duplicate Stage 1 at Olaroz (an additional 17.5KT - 25KT) and leveraging knowledge, experience and supplier relationships to execute better, faster and cheaper (less CAPEX). Scoping study to be completed by the end of September, Feasibility Studies to commence in October

4

CAPITAL MARKETSSNAPSHOT (ASX:ORE, TSX:ORL)CAPITAL STRUCTURE(AS AT 15th JULY 2016)

Shares outstanding 209M

Performance Rights and Options Outstanding 2.68m

Cash Balance (Corporate 30/06/16) A$47.8m

Share price ASX/TSX A$4.85/C$4.77

Market capitalisation A$1016M

52 week share price range (close):

ASX A$1.33–A$5.05

TSX C$1.25–C$4.84

Executives and Directors ~8.2%

Henderson Global Investors 5.4%

Institutions, Banks and Brokers ~67.3%

David Hall – Business Development ManagerT: +61 7 3871 3985M: +61 407 845 052dhall@orocobre.com

Andrew Barber – Investor Relations ManagerT: +61 7 3871 3985M: +61 418 783 701abarber@orocobre.com

SHAREHOLDERS INVESTOR RELATIONS CONTACTS

SHARE PRICE CHART

$0.00

$1.00

$2.00

$3.00

$4.00

$5.00

$6.00

0

500,000

1,000,000

1,500,000

2,000,000

2,500,000

3,000,000

Sha

re P

rice

AU

D

Vol

ume

Volume Share Price

5

ARGENTINA – REFORMS

THIRD LARGEST ECONOMY IN LATIN AMERICA, MEMBER OF G20Pro-business President Macri is delivering changes that will allow the Argentinian economy to grow

FLOAT OF CURRENCYEnds the artificially high exchange rate, Argentinian peso (ARS) has devalued by ~50% against the USD since 18 December 2015

CAPITAL TRANSFER RESTRICTIONS REMOVEDAllows free flow of capital in and out of the country

REMOVAL OF EXPORT DUTYOn most agricultural and industrial products including lithium carbonate and refined boron products

REMOVAL OF IMPORT CONTROLSAllows easier and quicker international sourcing of materials and equipment

Delivers on-going operating and capital cost reductions for Orocobre

6

Jun 2012: Government

Approval obtained.

March 2008: Exploration

begins.

April 2015: First Commercial

Dispatch.

Aug 2013: First Brine pumping.

May 2011: Olaroz DFS Completed.

OLAROZTHE JOURNEY

Nov 2012: Construction

begins.

March 2009: Initial

Resource and Scoping Study.

Jan 2010: JV with Toyota

announced.

7

OROCOBRE PERFORMANCE & FORECASTKEY INDICATORS

492

1,108

2,3322,971

3,300 - 3,600*

0

1000

2000

3000

4000

Sep-15 Dec-15 Mar-16 Jun-16 Sep-16Tonn

es L

ithiu

m

Car

bona

te

Quarter

OLAROZ PRODUCTION

Lithium carbonate production is on track to meet nameplate production run rate by Nov 2016.

September quarter production is forecast to be 3,300 - 3,600 tonnes.

Measure Guidance

Current Operating Cash Costs ~US$3,500/tonne

Forecast Operating Cash Costs (FY18) <US$2,500/tonne

Anticipated price level for Q3 2016 FOB basis net of logistics and commissions >US$10,000/tonne

Forecast operating costs to be achieved through increased production rates, improved reagent consumption & optimised process controls.

*Forecast for Q3

8

OLAROZA TOUR OF OUR PRODUCTION PLANT

9

STEP1

• Mining of Spodumene Ore

STEP2

• Concentration of Spodumene Ore(Crushing, grinding, wet & dry screening, floatation)

STEP3

• Shipping to Conversion Plants

STEP4

• Roasting, acidification, impurity removal via precipitation and IX

STEP5

• Production of lithium carbonate or hydroxide

STEP6

• Sold to market in China

THE HARD ROCK JOURNEY TO THE CHINESE MARKET

STEP1

• Pumping of brine into evaporation ponds

STEP2

• Evaporation via solar energy

STEP3

• Concentrated brine fed to plant

STEP4

• Production of lithium carbonate

STEP5

• Optional production of lithium hydroxide from lithium carbonate

STEP6

• Sold to global markets including China

THE BRINE JOURNEY TO GLOBAL MARKETS

LITHIUM: HARD ROCK & BRINEA COMPARISON

Recently announced spodumene concentrate prices support a Chinese price excluding taxes of >US$8500/t

10

150

200

250

300

350

400

450

2013 2014 2015 2016 2017 2018 2019 2020LCE

tonn

es(th

ousa

nds)

Capacity at Utilisation Albemarle Brine ExpansionMt Marion JV/Chinese Converters Mt Cattlin JV/Chinese ConvertersOrocobre Phase 1 Orocobre Phase 2Market Demand @ 10% CAGR Tesla LCE DemandAll additional Car Manufacturers LCE Demand

Supply Notes: Rest of the world 85% utilisation, China 60% utilisation, Talison’s capacity considered in line with Chinese converter plant limitations and Europe industrial market, reducing supply to third party converters and impact of new entrants.Source: Company websites and Orocobre estimates.Demand Notes: LCE Demand forecast assumes 1kg per kWH; 50 kWH per PEV unit sold Source: PEV Sales Forecasts (optimistic view) – Lux Research July 2015

Strong market fundamentals, driven by growth in both the high growth battery market and other traditional markets. ?

Olaroz production can expand in line

with market growth

OROCOBRE MARKET VIEWTIGHT MARKET CONDITIONS

11

2013

125GWh

100GWh

75GWh

50GWh

25GWh

2014 2015 2016 2017 2018 2019 2020 2021

Capacity to

TRIPLEby 2020(anticipatedgrowth)

Current demand

LG CHEMCapacity 7GWhNanjing, China

TESLACapacity 35GWhNevada, USA

BYDCapacity 20GWhChina

BOSTON POWERCapacity 10GWhChina

FOXCONNCapacity 15GWhAnhui, China

Notes: Benchmark estimates, not all data disclosed by companies. Instant planned capacity stated for graphical purposes, slower ramp up expectedSource: visualcapitalist.com. Data by Benchmark Mineral Intelligence

Notes: LCE Demand forecast assumes 1kg per kWH; 50 kWH per PEV unit sold Source: PEV Sales Forecasts – Lux Research July 2015

0

400

800

1200

1600

2000

0

10

20

30

40

50

60

70

80

90

100

2015 2016 2017 2018 2019 2020

Thou

sand

s

Thou

sand

s

PLUG-IN VEHICLE (PEV) LITHIUM DEMAND

PEV LCE Demand (t) LHS PEV sales in optimistic scenario (units) RHS

BATTERY FACTORY CAPACITY

OROCOBRE MARKET VIEWDRIVEN BY STRONG DEMAND

12Source: Lux Research; “The Tesla-Panasonic Battery Gigafactory: Analysis of Li-ion Cost Trends, EV Price Reduction, and Capacity Utilization”; August 2014

$11,750 $9,400

$20,000 $20,000

$6,350 $5,880

$2,820

$-

$10,000

$20,000

$30,000

$40,000

Without Gigafactory With Gigafactory

PRICE OF TESLA’S MODEL 3 EVIN 2020 ($/CAR)

Cost of battery Cost of rest of car Profit Price Reduction

$377

$274$245

$196

$-

$100

$200

$300

$400

Average OEM in2014

Tesla in 2014 Tesla in 2020,without

Gigafactory

Tesla in 2020,with Gigafactory

COST OF LI-ION BATTERY PACKS

OROCOBRE MARKET VIEWENCOURAGES BATTERY COST REDUCTIONS

13

Average Q3 pricing is expected to be >US$10,000 per tonne FOB net of commissions and logistics cost, an increase on the Q2 price of ~US$7,500.

Price (US$) 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

Deutsche Li2CO3 - 99.5% 6,577 9,081 21,509 16,748 13,908 12,548 11,675 10,773 10,388 10,544 11,265 12,000

Canaccord Li2CO3 - +99% (Base Case) 5,569 6,160 8,500 8,000 7,000 7,500 8,500 9,000 9,500 10,500 10,000 10,000

Canaccord Li2CO3 - +99% (Bull Case) 5,569 6,160 8,500 8,000 7,500 8,000 9,300 10,500 11,300 12,500 12,000 12,000

Deutsche & Canaccord Data - May 2016

OROCOBRE MARKET VIEWAND LEADS TO STRONG PRICING

-

5,000

10,000

15,000

20,000

25,000

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

Pric

e pe

r ton

neU

S$

Deutsche Li2CO3 - 99.5%

Canaccord Li2CO3 - +99% (Base Case)

Canaccord Li2CO3 - +99% (Bull Case)

14

Scoping Studies

Basic Engineeringand Economic

Studies

Permitting &Financing

Construction Phase

Commissioning

OLAROZ PROJECT EXPANSION TIMELINE Jun'16 Sep'16 Feb'17 May’17 Aug’17 Jul’18 Aug’18 Nov’18

OLAROZEXPANSION STAGE 2: PRODUCTION RISES TO 35,000 – 42,500 TONNES PER ANNUM

15

SUMMARY

Long life resource

Significantly improved economic and fiscal conditions in Argentina

Operational improvements

Production volume growth

Low cost/high margin

Market demand continues to grow

Strong price growth

Expansion study underway

1616