Slide 1: Makuutu Rare Earths Project
Makuutu Rare Earths Project Substantial potential for future long-life, low-cost, Scandium supply IONIC RARE EARTHS 21 September 2021
Slide 2: Cautionary Statement
Cautionary Statement IMPORTANT NOTICE AND DISCLAIMER This presentation should be considered in its entirety. If you do not understand the material contained in this presentation, you should consult your professional advisors. The sole purpose of this presentation is to provide shareholders with an u
Slide 3: Makuutu is one of the largest global Scandium resources… and growing
Makuutu is one of the largest global Scandium resources… and growing 3RD LARGEST GLOBAL SCANDIUM RESOURCE REPORTED Dalur (Rosatom) Kovdor (EuroChem) Deposit Metals: U, Sc Deposit Metals: FeO, Phosphate Scandium Resource: unknown Scandium Resource: unknown Project Status: Producing Key to the success
Slide 4: Scandium Market Overview
Scandium Market Overview AN EMERGING STRATEGIC METAL WITH LARGE POTENTIAL MARKETS IN THE GLOBAL TRANSPORT SECTOR AND AEROSPACE • The Makuutu Rare Earths Project is positioning itself to become a key player in the Sc2O3 market via low cost production, planning to initially produce 20-25 tpa Sc2O3 ini
Slide 5: Scandium Market Overview
Scandium Market Overview AN EMERGING STRATEGIC METAL WITH LARGE POTENTIAL MARKETS IN THE GLOBAL TRANSPORT SECTOR AND AEROSPACE • The light-weighting revolution occurring in the global transportation industry, combined with a growing global sector of mined supply, is unlocking a large new market for
Slide 6: Applications with Aluminium in Light-weighting Transportation
Applications with Aluminium in Light-weighting Transportation THE NEED FOR LIGHT-WEIGHTING SOLUTIONS HAS DRAMATICALLY INCREASED THE ADOPTION OF ALUMINIUM ALLOYS IN TRANSPORTATION. STRICTER EFFICIENCY STANDARDS, THE ADVENT OF THE ELECTRIC VEHICLE AND THE EMERGENCE OF NEW SECTORS ARE ACCELERATING UPTA
Slide 7: Applications with Aluminium in Light-weighting Transportation
Applications with Aluminium in Light-weighting Transportation A LITTLE SCANDIUM GOES A VERY LONG WAY While the push to light-weighting provides a significant opportunity: Scandium has several key functional benefits across all alloy series which make’s it the most potent alloying element. As little
Slide 8: Research & Development to Commercialisation of Al-Sc Alloys
Research & Development to Commercialisation of Al-Sc Alloys • There are decades of research and development on the use of aluminium-scandium alloys. • While historically, scandium has been used in military aerospace, focus is shifting to the broader transport industry, including automotive and space
Slide 9: Scandium Market Potential
Scandium Market Potential SIGNIFICANT POTENTIAL FOR SCANDIUM MARET TO GROW RAPIDLY IN GLOBAL TRANSPORT SECTORS While the current scandium (Sc) market is 15-20 tonnes per annum scandium oxide (Sc2O3), the global transportation industry has the potential to turn scandium into a billion-dollar market C
Slide 10: Additional Slides
ADDITIONAL SLIDES IONICRE.COM.AU
Slide 11: Harnessing the wide appeal of the Makuutu Basket
Harnessing the wide appeal of the Makuutu Basket MAKUUTU PROVIDES A UNIQUELY BALANCED BASKET WITH 73% CRITICAL AND HEAVY RARE EARTHS Scoping Study confirms robust Makuutu is unique and Infrastructure in close proximity Potential for significant economics for Base Case CREO receiving global interest
Slide 12: 315 Mt Ionic Adsorption Clay (IAC) Mineral Resource Estimate with Upside
315 Mt Ionic Adsorption Clay (IAC) Mineral Resource Estimate with Upside FURTHER IAC TARGETS IDENTIFIED AT MAKUUTU 279 drill holes (4,754 metres) completed between October 2019 and October 2020 defining JORC MRE1 of 315 Mt @ 650 ppm Total Rare Earths Oxide (TREO), at a cut-off grade of 200 ppm TREO-
Slide 13: Makuutu Rare Earth Project Highlights
Makuutu Rare Earth Project Highlights STRATEGIC VALUE DERIVED BY THE UNIQUE CREO/HREO DOMINANT BASKET Ionic Adsorption Clay (IAC) deposit mineralisation is highly desirable given it produces a balanced REO MAKUUTU BASKET basket dominant in CREO & HREO HIGH VALUE CREO / HREO PRODUCT Globally one of t
Slide 14: REE Hard Rock Mining/Processing vs IAC Mining/Processing
REE Hard Rock Mining/Processing vs IAC Mining/Processing Ionic Adsorption Clay (IAC) deposit mineralisation is highly desirable given it produces a balanced REO basket dominant in CREO & HREO with higher value and broader appeal Near surface IAC mineralisation translates to lower strip ratios with l
Slide 15: Tier-One In-Country Infrastructure already there – supports low CAPEX development
Tier-One In-Country Infrastructure already there – supports low CAPEX development EXCELLENT LOCAL INFRASTRUCTURE SUPPORTS LOW CAPEX DEVELOPMENT LOGISTICS Approximately 10 km from Highway 109, connecting Makuutu to both capital city Kampala and Port of Mombasa, Kenya Approximately 20 km from rail lin
Slide 16: Ionic Rare Earths Limited
Ionic Rare Earths Limited Level 1, 34 Colin Street T +61 8 9481 2555 West Perth WA 6005 Australia F +61 8 9485 1290 www.ionicre.com.au