Lynas Rare Earths Limited · ASX:LYC
Lynas Rare Earths — 5th International Rare Earths Conference, Hong Kong 2009
24 slides from Lynas Rare Earths's conference presentation, Nov 18, 2009
Slide 1: Mount Weld Rare Earths Latest Developments
Mount Weld Rare Earths Latest Developments For personal use only 5th International Rare Earths Conference, Hong Kong November 2009
Slide 2: Disclaimer
Disclaimer For personal use only ► The release, publication or distribution of this presentation in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this presentation is released, published or distributed should inform themselves about and observe
Slide 3: The Mount Weld Rare Earths project latest developments
The Mount Weld Rare Earths project latest developments For personal use only Mount Weld, Western Australia The Resources Mining operations Concentration Plant – Mount Weld, WA Phase 1: 33,000 tpa 40% REO concentrate Phase 2: 66,000 tpa 40% REO concentrate Advanced Materials Plant – Malaysia
Slide 4: Location of Mount Weld
Location of Mount Weld For personal use only 30km from Laverton Airport, Post Office, Hotel, School, etc -4-
Slide 5: Basic Geology of Mount Weld
Basic Geology of Mount Weld For personal use only Carbonatite pipe (2 billion year old volcano) Surface weathered down by 1,800m creating a supergene concentration near the surface -5-
Slide 6: The current mining operation is within the Central Zone Pit
The current mining operation is within the Central Zone Pit For personal use only Central Lanthanide Deposit Sector The Total CLD Sector Mineral Resource Mt Weld Tenements (2.5% REO cut-off) Category Tonnes Grade Tonnes (Mt) (%REO) (kt) REO Measured 2.21 14.7 324 Indicated 5.26 10.7 563 Inferred 4.7
Slide 7: The Crown Polymetallic Deposit is a world class niobium asset
The Crown Polymetallic Deposit is a world class niobium asset and contains 475,000t REO For personal use only Crown Polymetallic Deposit Total Crown Polymetallic Mt Weld Tenements Mineral Resource Crown Polymetallic Category Indicated Inferred Total Resource Mt 1.5 36.2 37.7 Ta2O5 0.037% 0.024% 0.02
Slide 8: The Mount Weld deposits have different REO distributions and values
The Mount Weld deposits have different REO distributions, and hence different values For personal use only Central Zone Southern Zone Crown FOB Price Rare Earth Elements Composition Composition Polymetallic US$/Kg Composition Lanthanum Oxide 5.20 25.60% 18.12% 17.10% Cerium Oxide 4.00 45.74% 46.98%
Slide 9: Lynas to acquire CSBP rights within Mt Weld tenements
Lynas to acquire CSBP rights within Mt Weld tenements to ease Crown development For personal use only Swan Phosphate Deposit at Mt Weld Lynas has signed a contract to acquire apatite rights at Mt Weld previously owned by CSBP Limited (a subsidiary of Wesfarmers Ltd) Lynas already owns other mine
Slide 10: Mount Weld mine site showing ore type and REO grade of stockpiles
Mount Weld mine site showing ore type and REO grade of stockpiles For personal use only Southern Zone Offices Overburden Li Stockpiles 8% Li 13% Li Cz 17% 26% Cz 15% Cz 13% Cz 21% Cz 20% Conc. Top soil Plant 1.5km -10-
Slide 11: Initial mining campaign complete, loss time injury free and on budget
Mt Weld Rare Earths initial mining campaign complete, loss time injury free and on budget For personal use only Current pit floor is 51 meters below surface Ultimate pit floor is another 36 meters -11-
Slide 12: 773,000 tonnes stockpiled on site, segregated by grade
773,000 tonnes stockpiled on site, segregated by grade. The ore is soft and friable For personal use only -12-
Slide 13: Engineering design and all approvals complete for the Concentration Plant
Engineering design and all approvals complete for the Concentration Plant at Mt Weld For personal use only ► Engineering Design complete ► All Approvals in place ► All major equipment procured and stored in Australia Mount Weld Concentration Plant site – Ball Mill foundations -13-
Slide 14: Construction contracts re-initiated for the Concentration Plant
Construction contracts re-initiated for the Concentration Plant For personal use only ► Contract Status on-site Bulk earth works Downer EDI Complete Construction contract Abesque Engineering Re-initiated Steam generation RCR Energy Systems Complete Power station Kalgoorlie Power Systems Re-i
Slide 15: Substantial civil works completed including water treatment ponds
Substantial civil works completed including water treatment ponds For personal use only Process water treatment pond complete Mount Weld bore water Run off water treatment pond complete -15-
Slide 16: Containers of Rare Earths concentrate will be trucked to Fremantle
Containers of Rare Earths concentrate will be trucked to Fremantle for shipping to Malaysia For personal use only GEBENG GEBENG GEBENG GEBENG Mount Weld to Fremantle = 1,000km -16-
Slide 17: Construction of the processing plant in the Gebeng Industrial Area
Lynas has commenced construction of the processing plant in the Gebeng Industrial Area For personal use only Satellite Photo of Gebeng Industrial Area ► Strong Federal, State, and Local Government support Lynas granted “strategic pioneer status” with 12 year tax free period Gebeng Industrial Area
Slide 18: Malaysia site construction: Piling for post treatment workshop
LYNAS ADVANCED Malaysia site construction: Piling for post MATERIALS treatmentPLANT workshop For personal use only -18-
Slide 19: Malaysian Advanced Material Plant Status
Malaysia site Malaysian construction: Advanced MaterialPiling Plantfor post Status treatment workshop ► Engineering Design to be completed For personal use only United Group engaged as the Engineering Contractor ► All Approvals in place ► Contract Status on-site Bulk earth works Substantially co
Slide 20: Construction activity in Malaysia
Construction activity in Malaysia For personal use only Building construction has commenced Lynas-constructed stormwater detention pond -20-
Slide 21: Six customer agreements have been signed
Six customer agreements have been signed For personal use only 1st Customer Agreement - 6th Customer Agreement – Supply Supply Contract Contract • ~US$90M¹ • Long term multiple year contract • Long term 5 year contract • Product from Phase I & Phase II of • Cerium, Europium, Terbium & final separati
Slide 22: Estimated capital and production costs to positive cash flow for Phase 1
Summary of estimated capital and production costs to positive cash flow for Phase 1 For personal use only Construction & Other Capital Costs Total A$mm Capex spent to Future capex date A$mm A$mm WA Concentration Plant $59.5 $13.6 $45.9 Gebeng Cracker & Separator Plant 233.5 40.9 192.6 Engineering &
Slide 23: In Summary
In Summary For personal use only The Company has raised funds for the completion of Phase 1 for 11,000t REO. The Rare Earths project has recommenced and initial production currently anticipated for first half of 2011. Infrastructure and utilities have been scaled for 22,000t REO and we expect
Slide 24: Note
NOTE For personal use only The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Brendan Shand, who is a member of The Australasian Institute of Mining and Metallurgy. Brendan Shand is an employee of Lynas Corporatio
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