Australian Rare Earths Limited · ASX:AR3
Australian Rare Earths — Investor Presentation (March 2023)
25 slides from Australian Rare Earths's investor presentation, Mar 21, 2023
Slide 1: Chairmans letter to Shareholders
21 March 2023 Chairmans letter to Shareholders For personal use only Dear Shareholders, On behalf of Australian Rare Earths (ASX: AR3), I am delighted to provide the Company’s updated Corporate Presentation. As you will see in the presentation, AR3 has made outstanding progress towards its goal of b
Slide 2: Contact and About Australian Rare Earths
The announcement has been authorised for release the by the Board of AR3 Limited. For personal use only For further information please contact: AR3 Limited Media Enquiries Rick Pobjoy Nicholas Read / Paul Armstrong Acting Managing Director Read Corporate T: 1 300 646 100 T: 08 9388 1474 About Austra
Slide 3: Australian Rare Earths Corporate Presentation March 2023
Australian Rare Earths Corporate Presentation March 2023 For personal use only KOPPAMURRA: Bringing Diversity to Global Rare Earths Supply Establishing an independent source of critical rare earths for a clean energy future
Slide 4: Disclaimer & Important Information
Australian Rare Earths Corporate Presentation March 2023 For personal use only DISCLAIMER & IMPORTANT INFORMATION Australian Rare Earths Limited (‘AREL’ of the ‘Company’) does not purport to give financial or investment advice. No account has been taken of the objectives, financial situation or need
Slide 5: Koppamurra – Multi-Generational Supply Potential
Australian Rare Earths Corporate Presentation March 2023 For personal use only KOPPAMURRA – MULTI-GENERATIONAL SUPPLY POTENTIAL THE OPPORTUNITY ∙ EV’s, wind turbines, robotics and domestic appliances require Rare Earth Elements ∙ Western World is seeking sustainable independent supply chains ∙ Depos
Slide 6: An Australian Critical Metals Company
Australian Rare Earths Corporate Presentation March 2023 For personal use only AN AUSTRALIAN CRITICAL METALS COMPANY Distribution of shareholders Experienced team, strong backing, well-funded with community support Directors and Other, 57.6% Management 25.0% Professor Dudley Bryn Jones Rick Pobjoy K
Slide 7: Koppamurra – AR3's Cornerstone Asset
Australian Rare Earths Corporate Presentation March 2023 For personal use only KOPPAMURRA – AR3’s CONERSTONE ASSET A highly valuable potential source of critical rare earths in a Tier-1 location • 100%-owned clay-hosted critical rare earths deposit located ~300km SE of Adelaide, in southern Australi
Slide 8: Koppamurra - Globally Significant Resource
Australian Rare Earths Corporate Presentation March 2023 For personal use only KOPPAMURRA - GLOBALLY SIGNIFICANT RESOURCE Large, consistent, shallow deposit – exceptional growth potential • Updated July 2022 Indicated and Inferred Resource – Koppamurra Mineral Resource Estimate – July 2022 81.4Mt at
Slide 9: Outstanding Growth Potential
Australian Rare Earths Corporate Presentation March 2023 For personal use only OUTSTANDING GROWTH POTENTIAL Deposit remains open with a substantial upside remaining • ~4,000km² of granted tenure in South Australia and Victoria • Updated July 2022 Mineral Resource based on drilling conducted over ~20
Slide 10: Recent Resource Expansion Drilling
Australian Rare Earths Corporate Presentation March 2023 For personal use only RECENT RESOURCE EXPANSION DRILLING Validating consistent mineralisation across the project area Strong assays reveal significant extensions of clay-hosted mineralisation beyond the current Mineral Resource and Exploration
Slide 11: Koppamurra Next Steps
Australian Rare Earths Corporate Presentation March 2023 For personal use only KOPPAMURRA NEXT STEPS Establishing a valuable potential source of critical rare earths in a Tier-1 location • Continuing our early and active engagement with local communities, their support is key to building a successfu
Slide 12: Koppamurra Metallurgy
Australian Rare Earths Corporate Presentation March 2023 For personal use only KOPPAMURRA METALLURGY Process development in collaboration with world experts • Successful pilot scale production, at ambient temperatures and pressures, of a Mixed Rare Earth Carbonate (MREC), a first for an Australian i
Slide 13: Ionic Clay Hosted REE Deposits
Australian Rare Earths Corporate Presentation March 2023 For personal use only Ionic Clay Hosted REE Deposits Ionic clays Hard rock • Historically mined in China, now in Myanmar, but • China dominates but mines in production (limited) Location resources are depleting and under consideration in Austr
Slide 14: Successful Trial Mining & Rehabilitation Program
Australian Rare Earths Corporate Presentation March 2023 For personal use only SUCCESSFUL TRIAL MINING & REHABILITATION PROGRAM Commitment to continuous land rehabilitation • Innovative trial mining program successfully undertaken in April-June 2022 • Opportunity to confirm continuous land rehabilit
Slide 15: Community and Land
Australian Rare Earths Corporate Presentation March 2023 For personal use only COMMUNITY AND LAND AR3 is an active and responsible member of the community ✔ Naracoorte Office Opening ✔ Full-time local Personnel • Building an open and collaborative community relationship underpins AR3’s approach to e
Slide 16: Why Australian Rare Earths?
Australian Rare Earths Corporate Presentation March 2023 For personal use only WHY AUSTRALIAN RARE EARTHS? THE KOPPAMURRA PROJECT • Large resource with exceptional potential for multigenerational growth • Substantial market opportunity driven by global decarbonization efforts • Endowment of all four
Slide 17: Securing Australia's rare earths for a diversified sustainable future
E EARTHS ASX: AR3 Securing Australia’s rare earths for a diversified sustainable future
Slide 18: Supplementary Information
Australian Rare Earths Corporate Presentation March 2023 For personal use only SUPPLEMENTARY INFORMATION 16
Slide 19: Separated Rare Earths Demand and Supply
Australian Rare Earths Corporate Presentation March 2023 For personal use only SEPARATED RARE EARTHS DEMAND AND SUPPLY Rare Earth demand • 2022 Total Demand: 260-280 ktpa REO, growing at 6-8% p.a • 2022 Magnet Rare Earths Demand: 70-80 ktpa, growing at 8-10% p.a. • 2025/26 Total Demand: 320-350 ktpa
Slide 20: 2020 to 2022 Chinese Rare Earth Production Quotas
Australian Rare Earths Corporate Presentation March 2023 For personal use only 2020 to 2022 CHINESE RARE EARTH PRODUCTION QUOTAS* 2020 TOTAL 2021 TOTAL 2022 TOTAL TPA REO TPA REO TPA REO GROUP SEPARATION SEPARATION SEPARATION MINING MINING MINING & SMELTING & SMELTING & SMELTING NORTHERN RARE EARTH
Slide 21: Impact of China's Vertical Integration of Rare Earth Supply Chain
Australian Rare Earths Corporate Presentation March 2023 For personal use only IMPACT OF CHINA’S VERTICAL INTEGRATION OF RARE EARTH SUPPLY CHAIN 100% ~$40 billion China is becoming more TODAY ??? and more dependent upon Myanmar for ??? heavy rare earth (HREE) % Chinese market share concentrates In e
Slide 22: The Rare Earths Supply Chain
Australian Rare Earths Corporate Presentation March 2023 For personal use only THE RARE EARTHs SUPPLY CHAIN China and Myanmar dominate the supply chain, including majority of heavy rare earth production and end uses • Minerals containing Neodymium and Praseodymium EU Critical Raw Materials list 2020
Slide 23: The Rare Earth Supply Chain
Australian Rare Earths Corporate Presentation March 2023 For personal use only THE RARE EARTH SUPPLY CHAIN China and Myanmar dominate the supply chain, including majority of heavy rare earth production and end uses Historical rare earth mine production by country2 Downstream supply chain also domina
Slide 24: Adamas Intelligence Forecasts
Australian Rare Earths Corporate Presentation March 2023 For personal use only ADAMAS INTELLIGENCE FORECASTS Supply deficits across all magnet REO’s is expected to support price accretion for the remainder of this decade NdPr demand-supply balance (LHS) vs price (RHS) Dy demand-supply balance (LHS)
Slide 25: Koppamurra is a unique & strategically significant asset
Koppamurra is a unique & strategically significant asset The only confirmed ionic adsorption clay Resource in a Tier-1 mining jurisdiction For personal use only Key Koppamurra Notable international projects Unproven IAC projects 23
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