Lindian Resources Limited · ASX:LIN
Lindian Resources — Euroz Hartleys Rottnest Investor Conference 2024
22 slides from Lindian Resources's conference presentation, Mar 14, 2024
Slide 1: The Next Rare Earth Producer
THE NEXT RARE EARTH PRODUCER For personal use only EUROZ HARTLEYS “Rottnest Investor” Presented by Alistair Stephens March 2024
Slide 2: Disclaimer
DISCLAIMER The material in this presentation has been prepared by Lindian Resources Limited (“Company”). This presentation may not be reproduced, redistributed or passed on, directly or indirectly, to any other person, or published, in whole or in Competent Persons part, for any purpose without prio
Slide 3: Corporate Overview
CORPORATE OVERVIEW Company ASX Code LIN Share Price ~A$0.14 Ordinary Shares on Issue 1.152B For personal use only Substantial Shareholders Performance Rights 28.8m Kabunga Holdings Pty Ltd 10.9% Options on Issue : Conversion value A$20.6M ~84M Market Capitalisation (undiluted) 1 ~A$161M Bonacare Pty
Slide 4: Board & Management
BOARD & MANAGEMENT ▪ Tanzanian born Australian entrepreneur Asimwe ▪ The visionary behind the company’s strategy Kabunga ▪ Major shareholder Executive Chairman ▪ 36-year mining industry veteran, ~20 years in critical minerals ▪ Commercially astute and strategic investor Alistair ▪ Multi-skilled in g
Slide 5: The Asset
THE ASSET For personal use only • Massive Resource • Superior Quality • Low CAPEX forecast • Low OPEX forecast • Scalable 5
Slide 6: The Most Strategically Important REO Asset
The MOST Strategically Important REO Asset PERMITTED TECHNICALLY SIMPLE HIGHLY STRATEGIC For personal use only Mining Licence Massive Resource Superior Resource Explosive Permit Simple Open Pit Massive Scalability ESIA Licence Gravity Separation Stakeholder Support Water Permit Low Capex & Opex ASX:
Slide 7: Location
For personal use only LOCATION ASX: LIN 7
Slide 8: Mineral Resource Statement
MINERAL RESOURCE STATEMENT KANGANKUNDE - A GLOBAL LEADING RARE EARTHS PROJECT Resource Tonnes TREO NdPr of TREO** Tonnes Contained NdPr* For personal use only Classification (millions) (%) (%) (millions) Inferred Resource 261 2.19% 20.2% 1.2 Mineral Resource using a 0.5% TREO cut-off grade. Rounding
Slide 9: In-Fill Drilling Provides Confidence
IN-FILL DRILLING PROVIDES CONFIDENCE IN-FILL DRILLING DEMONSTRATES STRONG CONTINUITY OF HIGH GRADE For personal use only MINERALISATION FROM SURFACE TO END OF HOLE IN PHASE 1 DEVELOPMENT AREAS Provides high-level confidence that material will be consistently high-grade and homogeneous ASX: LIN 9
Slide 10: Resource: Massive Additional Potential
RESOURCE : MASSIVE ADDITIONAL POTENTIAL For personal use only Massive potential to increase surface and depth footprint RCDD074 Refer ASX:LIN release dated 31st July 2023,for Refer www.lindianresources.com.au andinformation 18th September 2023 on results of drilling ASX: LIN 10
Slide 11: Mining – Stage Preliminary Pit Blocks
MINING – STAGE 1 PRELIMINARY PIT BLOCKS For personal use only PIT MODEL • Areas for Stage 1 development Identified from Inferred Resource • Infill Drill Program Complete • Mine Schedule In Development ASX: LIN 11
Slide 12: Metallurgy: Product Quality
METALLURGY : PRODUCT QUALITY Kangankunde Recovery Concentrate NdPr% Radiation Price $US/Kg For personal use only Metallurgy results1 ~70% ~60% ~20% No To be negotiated Water only separation Significantly lowers Enhances downstream Adds significant value A premium product in grade Implications Low op
Slide 13: Modern Low-Tech Flowsheet
MODERN LOW-TECH FLOWSHEET For personal use only Refer www.lindianresources.com.au for information on results of drilling ASX: LIN 13
Slide 14: Rare Earths Industry Process Value Chain
RARE EARTHS INDUSTRY PROCESS VALUE CHAIN UPSTREAM MID-STREAM DOWNSTREAM For personal use only Mining 1 Hydrometallurgy 4 Magnet Manufacture 9 Beneficiation 2 Separation 5 Motor Assembly 10 REE Oxides Monazite Concentrate 3 (Nd, Pr, Sm, Dy & Tb) 6 End Use Assembly 11 REE Metals (Nd, Pr, Sm, Dy & Tb)
Slide 15: The Market
For personal use only THE MARKET 15
Slide 16: Lindian Value Proposition NdPr
LINDIAN VALUE PROPOSITION NdPr NdPr supply is essential to NdPr is 90% of the unlock the use of TbDy REO Market Value For personal use only 100 Permanent Magnets are typically 100% 100 90 NdPr or 97.5% NdPr ±2.5% TbDy 90 80 Percentage Percentage 80 70 70 60 60 50 50 40 40 30 20 30 10 20 0 10 Batteri
Slide 17: NdPr Demand Forecast
LINDIAN VALUE PROPOSITION NdPr NdPr DEMAND FORECAST 200,000 Tonneuse only 180,000 160,000 140,000 2023 120,000 Global NdPr production For personal 100,000 ~55 ktpa 80,000 Wind Turbines 60,000 40,000 20,000 Electric Vehicles 0 2010 2015 2020 2025 2030 2035 2040 2045 2050 Source Project Blue Consumer
Slide 18: Looking Ahead
For personal use only LOOKING AHEAD 18
Slide 19: Our Near-Term Milestones
OUR NEAR-TERM MILESTONES PERMITTED NEAR COMPLETE IN PROGRESS For personal use only Mining Licence Indicated Resources Feasibility Study Explosive Permit Mining Schedules Project Valuation ESIA Licence Technical Studies Stage 1 Construction Start Water Permit Capex & Opex ASX: LIN 19
Slide 20: Lindian Value - Kangankunde
LINDIAN VALUE - KANGANKUNDE Developing For personal use only Construction of Kangankunde Operating Near-term producer Aiming to be the next rare Growth earths producer Organic production growth Quality A Superior Project ASX: LIN 20
Slide 21: Contact
CONTACT www.lindianresources.com.au For personal use only +61 8 6557 8838 Level 24, 108 St Georges Terrace Perth WA 6000 Alistair Stephens (CEO) ajs@lindianresources.com.au 21
Slide 22: Republic of Malawi
REPUBLIC OF MALAWI ▪ Legal system is derived from English law For personal use only ▪ English speaking ▪ Westminster System of Parliament ▪ Commonwealth member ▪ Taxation system is like Australia (30% Tax + 5% royalty) ▪ 75% Christian population ▪ 85% rural population ▪ Exports: No.1 = Belgium ▪ Imp
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