Pensana Plc · LSE:PRE
Pensana — Angola Mining Diversification Webinar February 2022
17 slides from Pensana's conference presentation, February 2022
Slide 1: Independent and Sustainable Rare Earth Production
Independent and Sustainable Rare Earth Production Establishing world class Rare Earth production from Longonjo, Angola and Saltend Chemicals Park, Humber Freeport, UK Angola Mining Diversification Webinar February 2022
Slide 2: EV and Offshore Wind Will Drive Rare Earth Demand Five-Fold by 2030
EV AND OFFSHORE WIND WILL DRIVE RARE EARTH DEMAND FIVE-FOLD BY 2030 NdPr oxide is key to the manufacture of permanent magnets used in Electric Vehicles and Offshore Wind turbines. NdPr OXIDE PRICE Adamas Intelligence warns that post 2030: GROWTH TO 2030 “The rapid demand growth of the 2020s will 5.6
Slide 3: China Supplies 95% of World's Rare Earth Magnets
CHINA SUPPLIES 95% OF WORLD’S RARE EARTH MAGNETS “China has no obligation to be the US$11 rare earth supplier to the world.” TRILLION Lin Boqiang Director of the China Center for Energy Economics CARBON NEUTRAL 2060 PLAN Source: https://chinabigidea.substack.com/p/gep-innovation-in-china-2025-carbon
Slide 4: Lynas Currently the Only Major Rare Earth Producer Outside China
LYNAS CORPORATION (LYC.ASX) CURRENTLY THE ONLY MAJOR RARE EARTH PRODUCER OUTSIDE CHINA PENSANA Plc / COMPANY PRESENTATION c 4
Slide 5: Low Capital Cost State-of-the-Art Mine
LOW CAPITAL COST STATE-OF-THE-ART MINE LOW CAPEX DUE TO EXCELLENT INFRASTRUCTURE Longonjo is one of the world’s largest Hydroelectric power and recently rare earth deposits with an initial 20 upgraded US$2bn Benguela rail year mine life. line provides direct link to Atlantic port of Lobito Near surf
Slide 6: Longonjo Project Development
LONGONJO Project Development Efficient regulatory process enabled rapid progress through exploration into project development phase Mining license awarded with globally competitive fiscal terms Angola Sovereign Wealth Fund investment into Pensana as a cornerstone Low carbon footprint and zero discha
Slide 7: Longonjo preparatory activities maintained through Covid
LONGONJO preparatory activities maintained through Covid PENSANA Plc / COMPANY PRESENTATION 7
Slide 8: Port of Lobito, Hydro-Power and Rail
PORT OF LOBITO HYDRO-POWER AND RAIL PENSANA Plc / COMPANY PRESENTATION 8
Slide 9: World Bank Group Angola Economic Update October 2021
WORLD BANK GROUP Angola Economic Update October 2021 Angola’s economy is expected to exit a five year recession. ü Handled the Covid pandemic extremely well ü Fiscal Surplus (oil price rises) ü Debt to GDP ratio falling from 135% to 95% in 2021 ü Moody’s has upgraded credit rating to B3 with stable
Slide 10: Mining Journal World Risk Report 2021
MINING JOURNAL WORLD RISK REPORT 2021 Angola stands tall versus the Aussie mining states of Western Australia, Queensland and New South Wales 100 Infrastructure Fiscal terms Legal 80 60 40 20 ANGOLA WA QLD NSW ANGOLA WA QLD NSW ANGOLA WA QLD NSW
Slide 11: Independent Rare Earth Processing Hub
SALTEND HUMBER UK INDEPENDENT RARE EARTH PROCESSING HUB Feedstock from Longonjo, South America and Europe Offtake initially South East Asia, UK and US later Europe PENSANA Plc / COMPANY PRESENTATION 11
Slide 12: Plug and Play Saltend Chemicals Park
“PLUG AND PLAY” SALTEND CHEMICALS PARK The first major rare earth separation facility to be established in over a decade. First to be established in a Freeport - will create 450 jobs during construction and 125 high value full time jobs. Facility will produce 12,500 tpa of TREO including 4,500 tpa o
Slide 13: Metal Production, Links with Magnet Manufacturers, Hydrogen to Recycle
METAL PRODUCTION, LINKS WITH MAGNET MANUFACTURERS, HYDROGEN TO RECYCLE OFFSHORE WIND TURBINE NACELLES Studies are underway into private wire link to offshore wind to power conversion of NdPr oxides into metal. Production of metal alloy provides direct link to magnet manufacturers. Working with Equin
Slide 14: Plans for the Next Twelve Months
PLANS FOR THE NEXT TWELVE MONTHS LONGONJO • Finalisation of FEED • Award of 120 equipment work packages • Commencement of construction • Finalisation of FEED SALTEND • Award of 63 equipment work packages • Commencement of construction • Contract third party feedstock supplies • Development of Rare E
Slide 15: Coola - Exploration to ramp-up in 2022
COOLA - Exploration to ramp-up in 2022 “The 7,500 Km2 Coola Project contains several high quality ‘walk-up’ targets prospective for a suite of key strategic ‘new technology’ metals. The early reconnaissance sampling results are a great start in confirming the Coola complex as a fertile mineralised s
Slide 16: World Class Management Team
WORLD CLASS MANAGEMENT TEAM PAUL ATHERLEY TIM GEORGE ROCKY SMITH ROBERT KAPLAN JEREMY BEETON RT HON BARONESS STEVE SHARPE CHAIRMAN EXEC DIRECTOR/ COO CFO NON-EXEC DIRECTOR NORTHOVER NON-EXEC DIRECTOR CEO NON-EXEC DIRECTOR Mr. Atherley has A Minerals Engineer, Mr Smith is a highly Mr Kaplan is a Form
Slide 17: Cautionary Statement
CAUTIONARY STATEMENT This presentation and any additional documents presented at the Angolan Mining Webinar in February 2022 Neither this document, nor any copy of it, may be taken or transmitted into any jurisdiction where it would be ( the “Presentation Materials”) are being supplied to you solely
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