Lynas Rare Earths Limited · ASX:LYC
Lynas Rare Earths — Shareholder Meeting (November 2004)
28 slides from Lynas Rare Earths's shareholder meeting presentation, Nov 24, 2004
Slide 1: aN es cnn NN
‘i | aN es cnn NN i uy inna: ee LL . _
Slide 2: PS _ — —— : ~~ i — - = So ee a :
PS _ — —— : ~~ i — - = So ee a : . oO — . — — . oe — Co : — ss | - | = |. | _ oe ssi‘C:éOS —r—“‘i—:”::C“‘<‘i‘<‘i‘i‘i‘i‘i‘i‘C;SC;W — eee — SO See — So — rr—<“—<—i‘“COCCSsSS rs — See — hr — 8 ee Oo — — as a oo — FF ee oo : oe = — - = oo oo = oS — oo ##., : — ee oo | s. : — oe : - - Oo | re : oe — oo —
Slide 3: SO - — — ee
eS ~~. — - — oe SO - — — ee Co : . — — < — ~~ - : oe | -— ee — oe So . —<Uo| oe — — ss = oo Oe oo . — . . ee ..s—is—si—iiiwt fr -. ss re —— ee : Ceo. — oo ss = oe ee 3! So oo — | oo x = ARS = S| ROU NSSS SS Ss _ ~~. Ss ee oo SS — — Ss | — re . — — oo We - . Oo ee — oo — - OO reese _—
Slide 4: Company values
/ trive for excellence in ce health and the enviro mi alue ou differences and be open to change | Operate ip an honest, ‘cendid and transpat
Slide 5: — ——“‘—O—O—O— oo
cs — rs : — ——“‘—O—O—O— oo oe —— — —— — re -- — r——C - — — — OO — — se — — : ——————C — s—itsi—‘i‘“Cis:C‘(‘(<(‘“(<‘(<‘(‘(‘“‘CSWCN - — ee a ee ee — Pe a ——— eS — — oo — _ BO . — se — —. Po EE a Oo a sds 5 | Se = i. © —— —— — oo oo ~~. — — 8... . : — eo — — : - Oo | = — ee Oe ee Se 8 rr - a ae : . pe o
Slide 6: Name for metallic element - Yttrium
name for 15 metallic elemen - Yttrium
Slide 7: — oo. oo = — — — = SS — - Wore — Z
— oo. oo = — — — = SS — - Wore — Z oo — : = : oe = oe oS es - os — — — — — oo - — Se 5 os oc. oS Pr : PR = - oS — a « — oo Se ce | oe .. 2 . AX SS SERS: 2 - — | ee _ « — — oe — oo — - = oC Sa - oe — — a se — Se — = oo oe : SO — oe oo
Slide 8: Rare earth applications
ae a 2 ae ROE Ly AG Ly ) ye _ a * Powerful Polishing Powders - Cerium magnets - Neodymium * Phosphor for i - CRT & PDP screens — Ceramic capacitors - Europium / Yttrium - Terbium / Yttrium « Glass Screens - Cerium - Neodymium Water Treatment Reagents - Lanthanum Automotive Catalytic Converters - Lan
Slide 9: Rare earths in automotive and glass
Glass and Mirrors polishing powder Daimler Chrysier Fuel Cell e Cerium Vehicle UV cut glass Car body primers ® Cerium and anti-corrosive coatings e Yttrium Diesel Fuel Additive Engine * Cerium Sensors e Lanthanum + YSZ Catalytic Converter « Ce/ér ela Rare Earth phosphors and “. filters are used in a
Slide 10: Rare earths in electronics
integrated Circuit Speakers « Ultra high purity Ce polishes silicon e Nd magnets in wafer 7 : : headphones of Ipod and MPS Players e Nd magnet in PC and Notebook speakers NEC Notebook powered by integrated Fuei Cell Screen « Eu, Tb phosphors ~ CRT & PDP ~ Backlight for LCD « Ce, Nd glass additive «
Slide 11: — : Se ee — — : — — — — - Poe a
— : Se ee — — : — — 2 — — - Poe a : ce — : . oS _. — oS = — . 3 oO . oe . - rrr—— ee — . : a le So — — Po : SS oe 20 — - oo | — — - = Se = =———a—asiss << : . oe : : : oe : — oe : : : a = : oO - So — rrrtr~—~—~—~———C(‘(<;SU)r a a rrrr—<“—s:t:r”s—~—~—~—<“‘“<—i—<—<—<i<ia<aiaiOOr —rt—r—”,—<“‘i‘i‘OCONCOO
Slide 12: Rare earth demand and price
(Metric Tonnes) 120600 5 100000 5 80060 4 60000 5 40000 5 20000 - | (US$/kg) 4 12 (mm Actual RE Demand somniipom FOB China (I Forecast RE Demand » «g » Lynas Projection
Slide 13: aS eC . — ee = So . . ee oo — . :
aS eC . — ee = So . . ee oo — . : eee Sor : : a 2 . a = : < : < . = = oS . : a < ee : — = So — oe — a ' 2. : : oe — =~, © i. ce ao we : — . = i oe o — : = — eS - —.. eo — — — : . : : — _— re Co. oo oo se : oe OS eae i oO
Slide 14: —— rr — _ : — oe eo ee ce . — — a
—— rr — _ : — oe eo ee ce . — — a ee — ee : Oe — ee oO — — — . — a | ee a ee oe oo ee a oO —— aS oo oo ss ee = - - — — — — oc i. Se oe a — es : — oe —— — ee oe — — | — — | - . — a. oO. — a oe oc _ _ : - .. : SO oo — — ~ — ~ - - : - : — So — oo Se
Slide 15: Poe s
oo — 5 , & Poe 5 s ee. a bo PS — oe ae oo — — <— —r—ssS oo SS = — oo | —— _ So — = — se = <— oo. — . —— — 4 — oe : — rr Coe — — - — a —s < oe S _ ] ~~. — . PO re . oo oo - —S oo — — . So — — — e — es oe — — = — — LS OS 2. We -— — Se — — oe — oo oo
Slide 16: sisi os
Se — — - — : sisi os a — OF : SR a : yo = 3a | —— : ig s — < — — - = : oD —— = - es : : = . - : : ce | Co oe ee epee a : - — oe : < — — <= oc _ ee . — oe — — oo Ce oo oo ee — — = ee — —————e—eeeesess—es — : Te SO oe : Se
Slide 17: Mt Weld map
m3g0s8 | , a i 38/050 [3 : : : 5 Legend m, _ Carbonatite Alleraiion Zone Country Rocks ¢ | vs : 2 . > Rare Metal Resources | seove0nmt . . x Le : + Niobium COORS i SECTOR * Tantalum WEST" * Titanium SECTOR + Rare Earths * Zirconium r ‘Proposed Rare Earths Mine: ANCHOR {Babaogoran SECTOR, MGAQ4 (Zone
Slide 18: JORC resource estimation and modelling
NE __» JORC standard resource estimation and resource modelling by —__ Heliman and Schofield Ce a ign and Development |
Slide 19: Key aspects of mining operation
Key aspects of mining operation _ Mi Weld ultimate pi al d ee Open pit - > ma mum n depth 70 »M ral blasting [ quired: for waste So » ROM. pads used f } grade contro r crus tO Maxir a size 10cm » Stocks To road. tr / transport — _
Slide 20: Technical feasibility study for rare earths concentrate
bocce ppl technical feasibil ily study fo the producti on of Rare Earths | Concentrate — process _ ploys a novel stale art ee oe _ state process. recovery for the _ Rare REO oxide of 63% | a
Slide 21: offer fi exibility in our
offer fi exibility in our and ensure high
Slide 22: ee oe ne ee oe eG
ee oe ne ee oe eG
Slide 23: Supply chain strategy
sin il] ou he Rare oe material through the entire supply Chain from mine. through the processing stages _ to final seperation S ea ee 2 Lynas s in diceuccione with several separation plants a China that could either ~~ undertake toll oe or caue be acquired — : ee pole a ae 19. 9% n AMR. oe ine
Slide 24: — ss a.
. . — ss a. | — — : - — — — | oo Se — —ri—i<‘—is———C——C oe , -—. — . fo = = -— — Oe _ os — . : oS SS . — oe an 8, — a — — ise Cc = — SER a — - : : ee : oe : oo
Slide 25: Chinese supply dependence
wo RE oo Didnts in Chine, BE Magnet plant Nn Talend, Secure guaranteed quota va Ly political lobbying oF Government » Dependent on Chinese rew _ Meletal, especi Furopiure cost
Slide 26: Mt Weld map
msaose: | : ; : : 38/080 | : : ‘ : Legend _ Carbonatite Alleraiion Zone Country Rocks g | 0300) : : > Rare Metal Resources | geoso0amn : : : Es + Niobium . * Tantalum WEST SECTOR — * Titanium + Rare Earths * Zirconium Rare Earths Mine: tm : “ANCHOR | Sebisocini ‘SECTOR MGAQ4 (Zone 51)
Slide 27: Resource table
— : oo — a rrrtr—s—s—S—sisi—eS — . | So : | —— — : oS : oS 94 — cee _ . - — — 0.10 19 — 9 8 | 32 | 46.5 — ee oo — oe 14 | 0.30 | 42.6 1.65 | 0 I. ppm 40 06 =e ppl) 0.037| 1 0.024] 1 - ie ye — — SOERENG — SS os eee Ns a _ eo ec . oS aS Poet S = a icated | Category Tonnes nd I Se Se a . = oe oo
Slide 28: oS - oo . ee
. oo —s— ss oS - oo . ee a : — a . — ect® oe | : i — — . Po Se —. RareEarthsDir _ ao . ee oo — Oe = ee es ce == C = — — - . - — ~~ : - — oe — — OO eo Po SO oo a — — oe Se Oo | — — — — - — — | | Oo < So Se oe oo — . — =| — = _. oO oo. ee . = — — : - oo ae -— So ee — Oe oo ~ - - — : — oo oe | oo oo OS
Lynas Rare Earths — Shareholder Meeting (November 2004) on 6ix