Lindian Resources Limited · ASX:LIN
Lindian Resources — Shareholder Meeting (November 2023)
26 slides from Lindian Resources's shareholder meeting presentation, Nov 24, 2023
Slide 1: Kangankunde "The King"
For personal use only KANGANKUNDE “THE KING” November 2023 Rare Earths | Bauxite
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 part, for any purpose without prior written approval
Slide 3: Competent Persons Statement and Cautionary Statement
Competent Persons Statement and Cautionary Statement The information in this presentation that relates to Exploration Results, Metallurgy Results and Mineral Resources of the Kangankunde Rare Earths Project is extracted from reports released to the Australian Securities Exchange (ASX) listed in the
Slide 4: Corporate Overview
CORPORATE OVERVIEW Company ASX Code LIN Share Price ~A$0.16 For personal use only Ordinary Shares on Issue 1.152B Substantial Shareholders Performance Rights 29m Kabunga Holdings Pty Ltd 11.0% Options on Issue : Conversion value A$20.6M ~84M Bonacare Pty Ltd / Topwei Pty Ltd / Wei & Zhang 10.8% Mark
Slide 5: Board & Management
BOARD & MANAGEMENT • Tanzanian born Australian entrepreneur Asimwe • The visionary behind the company’s strategy Kabunga • Major shareholder Executive Chairman • Commercially astute and strategic investor • 36-year mining industry veteran, ~20 years in critical minerals • For personal use only 35-ye
Slide 6: Key Achievements - Kangankunde
Key Achievements - Kangankunde Developing a Tier One rare earths asset ✓ Kangankunde: completed in 58 weeks; For personal use only • 1st August 2022 – Lindian to acquire Kangankunde for US$30m (US$20m completed) • 13th October 2022 Drilling commences - 17,816 metres drilled and assayed • 3rd August
Slide 7: Key Achievements - Bauxite
Key Achievements - Bauxite ✓ These include; • MOU for 23 million tonne with C&D Logistics over 6 years For personal use only • MOU with CBG to explore opportunities for joint development 1. Refer competent persons statement & ASX release ASX:LIN dated 3 August 2023 and 5 October 2023 ASX: LIN 7
Slide 8: Near Term Outlook
Near Term Outlook Developing a Tier One rare earths asset For personal use only ✓ Kangankunde: • Late 2023 Water extraction Licences should be granted • Late 2023 capital development costs should be known • Early Q1 2024 – Indicated Resource Estimate from infill drill program • Mid Q1 2024 - Mine De
Slide 9: Regional Location
For personal use only REGIONAL LOCATION ASX: LIN 9
Slide 10: Mineral Resource Statement
MINERAL RESOURCE STATEMENT “THE KING” 15 core or RC/core drill holes, 76 RC drill holes for 15,831 metres of drilling Inferred Category1 Million tonnes Grade TREO % TREO Tonne NdPr tonne For personal use only Domain 1 58 1.8 1.0 mt 0.2 mt Domain 2 72 1.9 1.4 mt 0.3 mt Domain 3 23 3.2 0.7 mt 0.14 mt
Slide 11: Product Quality
PRODUCT QUALITY 1 Concentrate NdPr Kangankunde Recovery Radiation2 Price $US/Kg (% TREO) (% of TREO) For personal use only Metallurgy results1 70% 66% 20.2 No To be negotiated Enhances downstream Significantly lowers Water only separation Adds significant value Should attract a significant Implicati
Slide 12: Stage 1 Processing Plant
STAGE 1 PROCESSING PLANT Development plans well advanced For personal use only Engineering 3D Plant Model of Stage 1 Processing Facility ASX: LIN 12
Slide 13: Project Summary - Kangankunde "The King"
PROJECT SUMMARY KANGANKUNDE “THE KING” STRATEGIC DEVELOPMENT For personal use only ESG An enabler to an Design programs well Strong stakeholder independent RE supply advanced support & net zero- chain dynamic carbon capable RESOURCE TENURED METALLURGY Global leading REO Mining Licence + Low-im
Slide 14: Kangankunde - Pathway to Carbon Neutral
For personal use only KANGANKUNDE - Pathway to Carbon Neutral Water Sustainable Environmental Community Sustainable Preservation Power Care Mining • Low-cost water • Hydroelectric grid • Reforestation • Assistance • Electric mining based recovery power programs programs process • Sustainable • Agric
Slide 15: Guinea Bauxite Project
GUINEA BAUXITE PROJECT 1B TONNE of BAUXITE RESOURCES 1 Gaoual Project For personal use only 101.5MT –upgradable from 49.8% to ~59% Al 203 & 2.8% Si02 Lelouma Project 900MT ~45% Al203 & 2.1% Si02 Woula Project 19MT ~41.7% Al 203 & 3.2% Si02 Simple screening and bulk handling processes Located close t
Slide 16: Bauxite - Stages to Aluminium Production
Bauxite - 3 Stages to Aluminium Production STAGE BAUXITE MINING STAGE ALUMINA PRODUCTION STAGE ALUMINIUM PRODUCTION For personal use only 1 2 3 Primary source is bauxite Bauxite is processed into Then through the process of alumina electrolysis, alumina is turned into aluminium 4-5 tonnes 2 tonnes 1
Slide 17: Bauxite Market for EVs
BAUXITE MARKET FOR EV’s World Bauxite Demand for EVs For personal use only Global EV car sales vs aluminium demand ➢ Wood Mackenzie : 2024 outlook • Aluminium demand for EVs to reach over 4.5 million tonnes (~20MT Bauxite) ➢ EV’s have >50% Aluminium: • a critical raw material (CRM) essential to EV e
Slide 18: Bauxite Market
BAUXITE MARKET World Bauxite Current and Future Demand ➢ Transportation, construction, packaging and the electrical sectors are the four key sectors that only will drive demand, accounting for 75% of the total metal required. Battery 179.2 kg +19.6kg 198.8kg Box 2050 Aluminium Demand use 12.38 2019
Slide 19: Why Invest in Lindian?
WHY INVEST IN LINDIAN? Rare Earths : Kangankunde : Malawi • A Global leading Tier One rare earths asset For personal use only • Safe mining-friendly jurisdiction • Non-radioactive concentrate for transport • A Disruptor to global rare earths supply chain control • An Enabler of global decarbonizatio
Slide 20: 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
Slide 21: Appendix A: NdPr Magnet Market
Appendix A : NdPr MAGNET MARKET The supply chain for NdPr needs to be resolved to NdPr is 90% of the REO Market Value unlock the supply chain to TbDy use only 100 100 90 90 80 80 70 70 60 For personal 60 %age %age 50 50 40 40 30 30 20 20 10 10 0 Batteries + Metallurgy Phosphors Magnets 0 Catalysts C
Slide 22: NdPr Essential to Wind Turbines
For personal use only NdPr ESSENTIAL TO WIND TURBINES Source REIA weekly newsletter 5th September 2023 STEPS = Stated Policies Scenario | SDS = Sustainable Development Scenario ASX: LIN 22
Slide 23: Rare Earths Market Dynamics
For personal use only RARE EARTHS MARKET DYNAMICS Current Market Dynamics ASX: LIN 23
Slide 24: Rare Earths Market Metal & Magnet Producers
RARE EARTHS MARKET METAL & MAGNET PRODUCERS For personal use only 1. Modified from Goldman Sachs ASX: LIN 24
Slide 25: Appendix B: Mineral Resource
Appendix B: Mineral Resource Table 1: Kangankunde Rare Earths Mineral Resource (at 0.5% TREO cut-off) Tonne La2O3 CeO2 Pr6O11 Nd2O3 Sm2O3 Eu2O3 Gd2O3 Tb4O7 Dy2O3 Ho2O3 Er2O3 Tm2O3 Yb2O3 Lu2O3 Y2O3 Class s (Mt) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm)
Slide 26: Appendix C: ASX Announcements
Appendix C: ASX announcements List of ASX Announcements released by Lindian relating to the Kangankunde Rare Earths Project Date of Release Title For personal use only 1-Aug-2022 Lindian to Acquire 100% of Globally Significant Kangankunde Rare Earths Project 5-Jan-2023 Kangankunde Delivers Outstandi
Lindian Resources — Shareholder Meeting (November 2023) on 6ix