Announcement PDF AND ITS CONTROLLED ENTITIES ABN 52 064 121 133 ASX:JLL OTCQX:JNDAF Jindaleelithium.com CORPORATE DIRECTORY Board and Management Wayne Zekulich Justin Mannolini Lindsay Dudfield Darren Wates Paul Brown Ian Rodger Carly Terzanidis Non-Executive Chair (appointed 1 February 2024) Non-Executive Chair (resigned 1 February 2024) Executive Director Non-Executive Director Non-Executive Director Chief Executive Officer (appointed 22 January 2024) Company Secretary Registered Office Level 3, 88 William Street Perth, WA 6000 Principal Place of Business Level 2, 9 Havelock Street West Perth, WA 6005 Telephone: +61 (8) 9321 7550 Facsimile: +61 (8) 9321 7950 Email: enquiry@jindalee.net Web: www.jindaleelithium.com Auditors BDO Audit Pty Ltd Level 9 Mia Yellagonga Tower 2 5 Spring Street Perth, WA 6000 Legal Advisors Hamilton Locke Level 48, 152-158 St Georges Terrace Perth, WA 6000 Share Registry Automic Group Level 5, 191 St Georges Terrace Perth, WA 6000 Telephone: +61 (2) 9698 5414 Securities Exchange Listing The Company is listed on: The Australian Securities Exchange Ltd (“ASX”) Home Exchange: Perth, Western Australia ASX Code: JLL OTC Markets Group Inc OTCQX: JNDAF www.otcmarkets.com CONTENTS DIRECTORS’ REPORT ........................................................................................................................................... 3 CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME…………………………24 CONSOLIDATED STATEMENT OF FINANCIAL POSITION ................................................................................... 25 CONSOLIDATED STATEMENT OF CASH FLOWS ................................................................................................ 26 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY .................................................................................... 27 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS ............................................................................... 28 CONSOLIDATED ENTITY DISCLOSURE STATEMENT .......................................................................................... 52 DIRECTORS’ DECLARATION............................................................................................................................... 53 AUDITOR’S INDEPENDENCE DECLARATION...................................................................................................... 54 INDEPENDENT AUDITOR’S REPORT .................................................................................................................. 55 ADDITIONAL INFORMATION............................................................................................................................. 60 CHAIR’S LETTER Dear Fellow Shareholder, I am pleased to present the Chair’s Report for Jindalee Lithium Limited for the financial year 2024. This past year has been one a mixed one for Jindalee, marked by challenging market conditions, but also significant achievements in the ongoing development of our 100%-owned McDermitt Lithium Project. The broader lithium market has faced substantial headwinds, with lithium prices declining approximately 80% from their late 2022 peak. This decline was driven by increased global supply, which resulted in a challenging capital environment, particularly for pre-development companies like ours. Jindalee’s share price mirrored this trend, with a reduction of over 80% during the year. Despite these challenges, our team has continued to make considerable progress in de-risking the McDermitt Project. Notably, we have achieved key technical milestones, while gaining increased recognition and support from various levels of the US government. This includes technical cooperation and critical discussions regarding potential funding, which underscores the strategic importance of McDermitt to the US battery supply chain. We have also made notable additions to our leadership team as we transition from explorer to developer, with myself and Ian Rodger joining the Company as Chair and CEO, respectively, in early 2024. I saw the opportunity at Jindalee being due to its location in the US, one of the most strategic regions globally for the development of the battery supply chain. Moreover, McDermitt is poised to produce lithium chemicals that can directly feed into domestic battery production — avoiding reliance on export to China, a key differentiator in this market. The broader lithium industry has been experiencing significant pressures, with Chinese spot prices well below incentive levels, leading to mine closures and project delays globally. However, demand for electric vehicles (EVs), battery storage and lithium remains robust, and most industry analysts predict supply deficits over coming years, which will necessitate higher prices to incentivise new, western-sourced lithium chemical production. McDermitt is well-positioned to capitalise on this expected upswing. Operationally, we are proud to report significant progress on the McDermitt Project. Our flowsheet is now fully validated, with excellent results from beneficiation and leaching test work, which culminated in the production of battery-grade lithium carbonate from McDermitt ore. This achievement is a major milestone in the Project’s development. Furthermore, we have advanced permitting activities and baseline environmental studies, keeping the Project on track towards long-term success. On the governmental front, we have made significant strides, including the signing of a Cooperative Research and Development Agreement (CRADA) with the US Department of Energy. This partnership aims to develop cutting-edge extraction methods that have the potential to lower costs and reduce the environmental footprint of the Project. Additionally, we are in advanced discussions regarding a U.S. government grant application, which could provide substantial non-dilutive funding support for the next stage of McDermitt’s development. We are grateful for the level of political support we have received across these initiatives and acknowledge the support of Senator Ron Wyden (senior Oregon US Federal Senator) in achieving the CRADA. Despite the turbulent market, the strategic importance of McDermitt remains unchanged. It continues to stand as the largest lithium deposit by contained metal in the US, with the potential to produce lithium chemicals over multiple decades. As the global supply chain moves to decouple from China, Jindalee is uniquely positioned to become a key player in the US drive for critical mineral independence. In conclusion, while market conditions have been challenging, the Board remains confident that Jindalee’s strategic positioning, operational progress, recent funding initiatives and growing government support place us on a strong path towards long-term value creation. We thank our shareholders for their continued support and look forward to providing further updates as we advance the McDermitt Project and navigate the evolving lithium market landscape. Wayne Zekulich Non-Executive Chair Jindalee Lithium Limited JINDALEE LITHIUM LIMITED DIRECTORS’ REPORT DIRECTORS’ REPORT The Directors present their report on the consolidated entity (referred to hereafter as “the Group”) consisting of Jindalee Lithium Limited (formerly known as Jindalee Resources Limited) (referred to hereafter as “Jindalee”, the “Company” or “Parent Entity” or “JLL”) and the entities it controlled at the end of, or during the year ended 30 June 2024. Directors The following persons were directors of Jindalee Lithium Limited during the whole of the financial year and up to the date of this report, unless otherwise stated: Lindsay Dudfield Wayne Zekulich appointed 1 February 2024 Justin Mannolini resigned 1 February 2024 Darren Wates Paul Brown Principal activities The principal activity of Jindalee Lithium Limited during the year was mineral exploration. During the year there was no change in the nature of this activity. Financial results The consolidated loss of the Group after providing for income tax for the year ended 30 June 2024 was $4,687,923 (2023: loss $2,577,277). Dividends No dividends have been declared since the end of the previous financial year and no dividends have been recommended by the Directors. Significant changes in the state of affairs During the year there has been no significant change in the state of affairs of the Group. Operations and financial review Jindalee’s strategy is to identify, acquire and develop projects with the potential to transform the Company, and this continued to be the Group’s primary focus. During the year efforts focussed on Jindalee’s 100% owned McDermitt Lithium Project and included detailed metallurgical test work to inform the Pre-Feasibility Study (PFS) which commenced in June 2023 and permitting activities to enable more detailed work to be undertaken at McDermitt and derisk the Project. Jindalee also raised capital to fund the Company’s activities, including completion of the PFS, and lodged applications for US Government grants to help advance McDermitt towards development. During the period the Company also announced two significant additions to the management team, effective early 2024, with the appointment of Ian Rodger as Chief Executive Officer (CEO) and Wayne Zekulich as Chair. 3 JINDALEE LITHIUM LIMITED DIRECTORS’ REPORT McDermitt Lithium Project The Mineral Resource Estimate (MRE) at the McDermitt Lithium Project contains a combined Indicated and Inferred Mineral Resource Inventory of 3.0 Billion tonnes at 1,340 ppm lithium (Li) for a total of 21.5 Million tonnes (Mt) lithium carbonate equivalent (LCE) at 1,000 ppm cut-off grade (Figure 1, Table 1)1. At 21.5 Mt LCE, McDermitt is the largest lithium deposit in the United States (US) by contained lithium in Mineral Resource, and a globally significant resource, with the deposit remaining open to the west and south. Indicated Resource Inferred Resource Indicated and Inferred Resource Cut-off Grade (ppm Li) Tonnage (Mt) Li Grade (ppm) LCE (Mt) Tonnage (Mt) Li Grade (ppm) LCE (Mt) Tonnage (Mt) Li Grade (ppm) LCE (Mt) 1,000 1,470 1,420 11.1 1,540 1,270 10.4 3,000 1340 21.5 Table 1 – Summary of 2023 McDermitt MRE1 at the reporting cut-off of 1,000 ppm. Note: totals may vary due to rounding. The Company confirms that it is not aware of any new information or data that materially affects the information included in this market announcement and that all material assumptions and technical parameters underpinning the estimates of mineral resources referenced in this market announcement continue to apply and have not materially changed. Figure 1 – Plan view of McDermitt Lithium Project with completed drilling and 2023 MRE1 (at 1523mRL) 4 JINDALEE LITHIUM LIMITED DIRECTORS’ REPORT During the period Jindalee’s geological team relogged all holes drilled at McDermitt and recognised up to 12 distinctive stratigraphic units which can be tracked across the Project (see Figure 2). Samples from Units 4, 6, 8 and 10 were confirmed to carrying elevated lithium values, indicating excellent potential for selectively mining of these higher-grade zones, which has positive implications for the Project. Samples from these Units within conceptual Pit Shell 6 selected for further metallurgical test work (see Figure 2). Figure 2 – Schematic Section C-C’ with completed drilling, simplified geology and conceptual Pit Shell 6 (Note: lateral projection onto section plane and 3x vertical exaggeration may cause distortion) Metallurgical Test Work Metallurgical test work aimed at optimising and refining the McDermitt flowsheet made significant advancements during the period. The McDermitt flowsheet includes beneficiation of mined ore to enhance the leach head grade and remove acidconsuming gangue minerals, followed by acid leaching and subsequent purification steps to produce battery-grade lithium carbonate. The test work was conducted at Hazen Research Inc. laboratories in Colorado, United States, and managed by Fluor Corporation, a global engineering, procurement, construction and maintenance company. In November 2023, the Company announced promising results from the beneficiation of individual unit samples via attrition scrubbing2. The calculated recovery for a composite sample (representing a nominal life-of-mine average feed) achieved a recovery rate of 92.0% of the lithium to leach feed while rejecting 25.3% of the mass at a cut size of 250 microns (µm). The average grade to leach was measured at 2,107 ppm Li, which is 18% higher than the average head grade of the metallurgical samples (1,790 ppm Li)4 and 57% higher than the average Mineral Resource grade (1,340 ppm Li). Initial acid leaching results announced in January 20243 demonstrated exceptional lithium extraction rates. Tests were conducted on two leach feeds: one with a 250 µm beneficiation cut size that underwent leaching without additional grinding, and another that was further ground to achieve 100% passing at 75 µm. Utilising 500kg of acid per tonne of leach feed, both feeds exhibited very high lithium extraction rates, ranging from 88.8% to 99.1%. The leach test work extended for up to four hours, with the majority of lithium extraction occurring in the first hour. Additionally, a 300kg composite sample (comprising Units 4, 6, 8 and 10) was leached, yielding lithium in solution for downstream test work. Purification of the lithium-rich solution was successfully completed during the period, and in July 2024, Jindalee confirmed the first production of battery-grade Lithium Carbonate (>99.5% Li2CO3) from McDermitt ore4, validating the developed flowsheet for McDermitt. Pre-Feasibility Study (PFS) The McDermitt PFS commenced in June 2023 with Fluor appointed as lead engineer. Fluor possesses extensive experience with sediment hosted lithium deposits in the US and assembled a team of highly credentialled metallurgists and engineers to work on the study. 5 JINDALEE LITHIUM LIMITED DIRECTORS’ REPORT Analysis of beneficiation test work data during the June 2024 quarter revealed several optimisation opportunities5. Table 2 (250 µm cut) indicates that the lithium recovery through beneficiation and the lithium grade in the leach feed are both lower for Units 8 and 10 compared with Units 4 and 6. This suggested that focussing the plant design on the two higher head grade Units may be more advantageous than averaging the four units over the life of the mine. Unit 4 6 8 10 Pit Shell 613 Head Grade (ppm Li) 1,785 1,819 1,532 1,505 1,712 Cut (µm) 250 Mass Rejection (%) 21.8 24.4 28.1 36.3 25.3 Beneficiation Ca Rejection (%) 39.1 63.6 54.0 55.0 51.7 Li Recovery (%) 94.4 94.0 89.6 79.8 92.0 Li to Leach (ppm Li) 2,154 2,261 1,909 1,886 2,107 Table 2 – Summary of Beneficiation Results at 250 µm cut size - Units 4, 6, 8 and 10 The focus on processing approximately equal shares of Units 4 and 6 also enabled a reduction in the beneficiation cut size. Table 3 shows that lithium recovery through the beneficiation process can be maintained above 91%, with mass rejection improving by 13%, calcium rejection by 14%, and lithium grade to leach improving by 10% compared to Pit Shell 6 at 250 µm cut2. The overall upgrade in lithium to leach grade compared with head grade is 29% (Unit 4) and 28% (Unit 6). Unit Head Grade (ppm Li) 4 6 1,785 1,819 Average Cut (µm) 125 Mass Rejection (%) 27.8 29.6 28.7 Beneficiation Ca Li Recovery Rejection (%) (%) 47.1 93.4 70.6 90.0 58.9 91.7 Li to Leach (ppm Li) 2,309 2,325 2,317 Table 3 – Summary of Beneficiation Results at 125 µm cut size - Units 4 and 6 Cube Consulting continued to develop mine schedule iterations during the period, prioritising the processing of higher-grade units from the start of operations while stockpiling lower-grade material for potential treatment in later years. Incorporating the above changes into the PFS could reduce capital intensity and operating costs relative to the original scope. Consequently, subsequent to the end of the period in July 20246, Jindalee announced that it is exploring these, and other opportunities not included in the initial PFS scope, which have the potential to significantly enhance Project returns. This additional work is expected to extend the timeline, with the PFS completion now anticipated in the fourth quarter of 2024. POSCO MOU In February 2023 Jindalee announced that it had signed a non-binding Memorandum of Understanding (MOU) with major Korean conglomerate POSCO Holdings Inc. (POSCO) (NYSE: PKX), whereby POSCO and Jindalee agreed to undertake joint research samples from McDermitt7. POSCO is a supplier of cathode active materials to major US auto maker General Motors and this test work is designed to optimise the flowsheet for recovering lithium from McDermitt. Jindalee shipped a large composite sample to POSCO for initial test work and following a request from POSCO, beneficiated samples (cut size of 250 µm) were shipped to POSCO in the March 2024 quarter. Test work has commenced on these samples, and Jindalee remains engaged in productive discussions with POSCO and will provide further updates as test results become available in the coming months. Exploration Permitting Jindalee continues to de-risk the Project on multiple fronts. In addition to ongoing geological, metallurgical and engineering studies the Company is building on environmental baseline and cultural surveys completed during 2022. In May 2023 the Company announced the US Bureau of Land Management (BLM) had advised that the Exploration Plan of Operations (EPO) 6 JINDALEE LITHIUM LIMITED DIRECTORS’ REPORT for McDermitt originally submitted to the BLM in August 2022 (with additional information provided early 2023), had been deemed complete8. The public comment period on the EPO closed mid-September 2023 and the environmental review process required by the National Environmental Policy Act (NEPA) commenced in January 2024. The final decision of the NEPA assessment will be incorporated into the EPO, with this process expected to take up to 12 months. An initial draft of the Environmental Assessment (EA) was completed in early 2024. The Company continues to work with the BLM, and additional State and Federal agencies to further define mitigation measures for potential impacts identified by the draft EA. Progress on the EA is on schedule with submission for public comment targeted for Q4 2024. Once approved, the EPO will allow Jindalee to significantly increase on-site activity, including infill drilling and providing additional, fresh samples for site investigations (e.g. geotechnical, hydrological) and further metallurgical test work. In June 2024, a contract was award to SLR International Corporation (SLR) to develop a comprehensive overview of the regulatory approvals likely to be required to commence construction of the Project together with a preliminary approval schedule. SLR’s team have recent experience with successful permitting of mining projects in Oregon and Nevada. US Government Support Jindalee continues to engage with US Government agencies (both State and Federal) regarding opportunities to advance the Project, including technical cooperation between agencies and the potential for US Government funding for the Project. In April 2024 Jindalee provided an update on applications for non-dilutive grant funding lodged with both the Department of Defense (DoD) and the Department of Energy (DoE) (Battery Manufacturing and Recycling Grant)9. If successful, the DoD grant application is expected to provide near term co-funding for an accelerated Feasibility Study and associated drilling and test work at the Company’s McDermitt Lithium Project, whilst the DoE grant application was for longer-term co-funding for the engineering, procurement, construction and development of a lithium processing facility at McDermitt following completion of the Feasibility Study. Subsequent to the end of the period, in late September 2024 Jindalee was advised that the current DoE grant application was unsuccessful19; however, the DoD grant application remains on foot, with any potential award decision expected in the December quarter, 2024. Subsequent to the end of the period, in mid-September 2024 Jindalee announced that it had been approved by the DoE’s Office of Energy Efficiency and Renewable Energy for a Cooperative Research and Development Agreement (CRADA)10. The CRADA aims to develop cutting edge extraction methods for McDermitt designed to lower costs and minimise environmental impact, including lowering water usage and acid consumption and reducing the footprint of the Project, as well as exploring the potential for co-products. Research will be led by Ames National Laboratory with other key members including the Oregon Department of Geology and Mineral Industries (DOGAMI), Oregon State University, University of Nevada Reno, Lawrence Berkeley National Laboratory and the National Energy Technology Laboratory. Work undertaken under the CRADA will be funded by the DoE with Jindalee providing in-kind support, including access to data, samples, and technical expertise. The CRADA has received strong support from Senator Ron Wyden, the senior US Federal Senator for Oregon underlining the strategic importance of McDermitt to the US. Notably, Senator Wyden is also the chair of the Senate Finance Committee as well as a senior member of the Senate Energy and Natural Resources Committee. Corporate Funding In October 2023, Jindalee completed a capital raising at $1.40 per fully paid ordinary share (Share) comprising a public officer which raised $3.5M (before costs) and a priority offer to eligible Jindalee share and option holders which raised $0.6M (before costs) (October Capital Raise)11. Jindalee Directors applied for a further 175,000 Shares (worth $245,000) with Directors’ participation approved by shareholders at the Annual General Meeting (AGM) held on 22 November 2023. 7 JINDALEE LITHIUM LIMITED DIRECTORS’ REPORT Subsequent to the end of the period, Jindalee raised approximately $6.1M via a combination of a placement, entitlement issue and convertible note (together, the July Capital Raise)6. The July Capital Raise was cornerstoned by Mercer Street Global Opportunity Fund II and other funds managed by US-based C/M Capital Partners (Mercer Street). The three components of the July Capital Raise are summarised below: • A placement of ~$0.6M to Mercer Street, directors and management at $0.30 per Share with every 2 Shares accompanied by 1 Short-Term listed Option and 1 Long-Term listed Option (Attaching Options) (Placement): • Short-Term Option (JLLO): exercise price of $0.40 and expiry date of 30 June 2025 • Long-Term Option (JLLOA): exercise price of $0.60 and expiry date of 30 June 2027 • Placement Shares were issued to Mercer Street and management on 10 July 2024 following receipt of funds, with participation in the Placement by Jindalee Directors approved at the Extraordinary General Meeting (EGM) held on 21 August 202412. • An entitlement issue to raise up to $3.1M from eligible shareholders on a 1 for 6 basis at $0.30 per Share with Attaching Options being offered on the same ratio and the same terms issued to Placement participants (Entitlement Issue). Shareholders were also able to apply for any shortfall of new Shares offered in the Entitlement Issue. The Entitlement Issue closed on 2 August 2024 with 82.5% of the Shares available under the Entitlement Issue taken up by Jindalee shareholders, raising ~$2.5M13. • An issue of convertible notes, each with a face value of $1.00, to Mercer Street for a total investment of up to $12M in three or more tranches. Funds for the first tranche comprising an investment of $1.5M were received early July 2024, with the second tranche (also $1.5M) approved at the EGM and received in August, with potential for additional funding of up to $9.0M by mutual agreement. Board and Management Changes In December 2023 Jindalee announced two significant additions to the Board and management team as the Company transitions from explorer to developer. On 4 December 2023 Jindalee announced the appointment of Ian Rodger as CEO, commencing January 202414. Mr Rodger is a qualified Mining Business Executive with 15 years of experience in various roles including as a Mining Engineer for Rio Tinto across two large greenfield mine developments, before successfully transitioning into mining corporate finance where he held Executive and Director positions at RFC Ambrian overseeing origination and management of numerous mandates across a range of corporate advisory roles. In his most recent role as Project Director for Oz Minerals, Mr Rodger made significant contributions to successfully define the value potential of the West Musgrave Nickel/Copper Province through the delivery of a portfolio of growth studies. Most notably, he led technical, market and partnership development workstreams, successfully confirming value potential for producing an intermediate Nickel product for the battery value chain. Mr Rodger holds a Bachelor of Mining Engineering from the University of Queensland, a Masters of Mineral Economics from Curtin University and is also a graduate of the Australian Institute of Company Directors and member of the Australasian Institute of Mining and Metallurgy. On 27 December 2023 the Company announced the appointment of Wayne Zekulich as Non-Executive Chair, effective 1 February 2024, replacing Justin Mannolini who has served as a Jindalee director since September 2013 15. Mr Zekulich is an accomplished Company Director and finance professional having held various Non-Executive Director and Chief Financial Officer roles and is currently the Chairman of Pantoro (ASX: PRN). Mr Zekulich holds a Bachelor of Business Degree and is a Fellow of the Institute of Chartered Accountants. 8 JINDALEE LITHIUM LIMITED DIRECTORS’ REPORT Jindalee also advised that Ms Jessamyn Lyons had resigned from the role of Joint Company Secretary during the period, with Ms Carly Terzanidis remaining in the role of Company Secretary 16. Securities In addition to the securities noted in the Funding section above, a total of 4.9 million unquoted options were issued during the period to management pursuant to the Company’s Employee Securities Incentive Plan, with various exercise prices, vesting dates and expiry dates. A further 500,000 unquoted options were issued to the lead manager of the October Capital Raise exercisable at $2.10 expiring 20 October 2026. A total of 1 million unquoted options expired on 22 March 2024. Other At the 2023 AGM shareholders approved changing the Company’s name from Jindalee Resources Limited to Jindalee Lithium Limited to reflect the focus on lithium exploration, with the Company’s ASX ticker changing to “JLL”. These changes became effective late November 2023. Changes to the Company’s constitution were approved by shareholders at the AGM. The Company’s current constitution is available via Jindalee’s Investor Hub - https://investorhub.jindaleelithium.com/corporate-governance. The Company’s share registry was changed from Advanced Share Registry Limited to Automic Group (Automic) during the period. Shareholders can manage their holdings via Automic’s secure online investor portal by visiting https://investor.automic.com.au. In addition to its US lithium projects, Jindalee provides shareholders with indirect exposure to hard rock lithium, gold, base and strategic metals, iron ore and magnesite in Australia through the Company’s holding in Dynamic Metals Ltd (ASX: DYM or Dynamic). Further details on Dynamic’s activities can be found on Dynamic’s website: https://dynamicmetals.com.au. In April 2024 Jindalee launched its interactive Investor Hub17. The Investor Hub is a dedicated platform for investors and stakeholders to directly engage with and learn more about Jindalee. Jindalee will be regularly uploading new content to the hub, including videos accompanying select announcements, education material, interviews and corporate research. Jindalee encourages investors to post questions and feedback through the Q&A portal, which will be monitored and responded to in a timely manner. Visit the Investor Hub here: https://investorhub.jindaleelithium.com/welcome. In May 2024 Jindalee announced that following an internal restructure of BDO Audit (WA) Pty Ltd (BDO WA), BDO WA had resigned as auditor to the Company and BDO Audit Pty Ltd had been appointed as auditor in accordance with s329(5) of the Corporation Act 2001 and ASX Listing Rule 3.16.318. References Additional details including JORC 2012 reporting tables, where applicable, can be found in the ASX announcements referenced in this report and the below announcements lodged with the ASX during the period: 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. Jindalee Lithium ASX announcement 27/02/2023: “Resource at McDermitt increases to 21.5 Mt LCE” Jindalee Lithium ASX announcement 15/11/2023: “Exceptional Metallurgical Results from McDermitt” Jindalee Lithium ASX announcement 18/01/2024: “More Exceptional Metallurgical Results from McDermitt” Jindalee Lithium ASX announcement 31/07/2024: “Battery-Grade Lithium Carbonate Produced from McDermitt” Jindalee Lithium ASX announcement 31/07/2024: “Quarterly Activities Report - June 2024” Jindalee Lithium ASX announcement 04/07/2024: “JLL Secures Funding to Advance McDermitt Lithium Project” Jindalee Lithium ASX announcement 13/02/2023: “MOU Executed with POSCO Holdings” Jindalee Lithium ASX announcement 16/05/2023: “McDermitt Progress Update” Jindalee Lithium ASX announcement 30/04/2024: “Jindalee Advances US Government Funding for McDermitt” Jindalee Lithium ASX announcement 16/09/2024: “JLL Secures Strategic Agreement with US Department of Energy” Jindalee Lithium ASX announcement 31/10/2023: “Quarterly Activities Report – September 2023” 9 JINDALEE LITHIUM