Lindian Resources Limited · ASX:LIN
Lindian Resources — Malawi Mining Forum 2024
22 slides from Lindian Resources's conference presentation, Apr 24, 2024
Slide 1: Making Malawi a Rare Earths Powerhouse
MAKING MALAWI A RARE EARTHS POWERHOUSE AIMING TO DEVELOP A WORLD CLASS TIER 1 ASSET For personal use only Malawi Mining Forum Lilongwe, Malawi Presented by Alistair Stephens ASX | LIN OTCQB | LINIF 24 April 2024
Slide 2: Our Aims
OUR AIMS For personal use only LEADER The best-value, most cost-efficient, producer of rare earths concentrate SUSTAINABLE An environmentally sustainable producer of rare earths concentrate GROWTH Growing organically aligning expansion opportunities with market demand COMMUNITY Local community inclu
Slide 3: Location
For personal use only LOCATION ASX: LIN 3
Slide 4: Mineral Resource Statement
MINERAL RESOURCE STATEMENT “THE KING” For personal use only RESOURCE UPDATE IMMINENT Resource Tonnes TREO Tonne TREO NdPr of TREO** Tonnes NdPr* Classification (million) (%) (million) (%) (millions) LINDIAN STUDIES • Environmental and Social Impact Assessment (ESIA), Inferred Resource 261 2.19 5.7 2
Slide 5: Mining – Stage Preliminary Pits Assessment
MINING – STAGE 1 PRELIMINARY PITS ASSESSMENT STAGE 1 BLOCK MODEL • Areas for Stage 1 development • Infill Drill & Assay Program Complete For personal use only • Update model underway • Mine Schedule In development ASX: LIN 5
Slide 6: Lindian Process Value Chain
LINDIAN PROCESS VALUE CHAIN UPSTREAM For personal use only Mining 1 Beneficiation 2 Monazite Concentrate 3 CLEAN CONCENTRATE SIMPLE PROCESS ASX: LIN 6
Slide 7: A Market in Demand
For personal use only A MARKET IN DEMAND 7
Slide 8: Value Proposition 1 = Product Growth
1. VALUE PROPOSITION = PRODUCT GROWTH NdPr DEMAND – HISTORICAL AND TREND 200,000 For personal use only TREND 180,000 needs an additional 50,000 tonne NdPr by 2030 160,000 140,000 2023 Tonne NdPr Global NdPr 120,000 production ~55 ktpa HISTORIC needs an additional 20,000 100,000 tonne NdPr by 2030 80
Slide 9: Value Proposition 2 = Price Growth
2. VALUE PROPOSITION = PRICE GROWTH NdPr Pricing US$/Kg For personal use only 160 140 Range: ~US$100/Kg to ~US$140/Kg 120 Average: ~US$120/Kg 100 80 60 40 20 0 2025 2026 2027 2028 2029 2030 2031 2032 2033 +2034 CG MS WM BJ UBS GS Petra PB Average CG: Cannacord Genuity; report dated 13 March 2024 | M
Slide 10: Value Proposition 3 = Product Value
3. VALUE PROPOSITION = PRODUCT VALUE NdPr supply is essential to NdPr is 90% of the unlock the use of TbDy REO Market Value For personal use only 100 Permanent Magnets are typically 100% 100 90 NdPr or 97.5% NdPr ±2.5% TbDy 90 80 Percentage Percentage 80 70 70 60 60 50 50 40 40 30 20 30 10 20 0 10 B
Slide 11: Development Is Our Focus
DEVELOPMENT IS OUR FOCUS For personal use only 11
Slide 12: Status and Milestones
STATUS and MILESTONES PERMITTED THIS QUARTER OUR STRATEGIC POSITION For personal use only Mining Licence MRE & Reserves Superior Asset Explosive Permit Technical reports Superior Quality ESIA Licence Capex & Opex Massive Scalability Water Permit Valuation ASX: LIN 12
Slide 13: ESG: A Core Principle
ESG For personal use only A CORE PRINCIPLE 13
Slide 14: Engaging Stakeholders & Community
ENGAGING STAKEHOLDERS & COMMUNITY Assistance to Police Station building For personal use only Insert photos from site and community montage Ministerial site visit Australian Government hosted event Local community information forums Government Geologists assisting development ASX: LIN 1414
Slide 15: Our ESG Systems
OUR ESG SYSTEMS For personal use only Social Welfare Health & Safety Skills Development Ethics Community Management Air Systems Land & Soils Legal Systems Biodiversity Human Rights Water Equality Socio-Economic Benefits Operational Excellence Resource Utilisation Value Creation ASX: LIN 15
Slide 16: Lindian: Building a Legacy
LINDIAN: BUILDING A LEGACY KANGANKUNDE Creating wealth A NATION For personal use only BUILDING Creating jobs PROJECT CRUCIAL TO Upgrading road to site GLOBAL SUPPLY Connecting power to site Building a mine SUPERIOR TIER 1 Building a process plant ASSET ASX: LIN 1616
Slide 17: Lindian
LINDIAN Developing For personal use only Construction of Kangankunde Operating Near-term producer On track to be the next rare Growth earths producer Organic production growth Quality A Superior Project ASX: LIN 17
Slide 18: 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 18
Slide 19: Appendix
For personal use only APPENDIX 19
Slide 20: Disclaimer
DISCLAIMER Competent Persons 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 prio
Slide 21: Corporate Overview
CORPORATE OVERVIEW Company ASX Code LIN Share Price ~A$0.17 Ordinary Shares on Issue 1.152B For personal use only Substantial Shareholders Performance Rights 28.8m Kabunga Holdings Pty Ltd 10.9% Options on Issue : Conversion value A$20.6M ~84M Market Capitalisation (undiluted) 1 ~A$195M Bonacare Pty
Slide 22: Board & Management
BOARD & MANAGEMENT ▪ Tanzanian born Australian entrepreneur ▪ 36-year mining industry veteran, +20 years in critical minerals Asimwe ▪ The visionary behind the company’s strategy Alistair ▪ Multi-skilled in geology, mining, metallurgy, project Kabunga ▪ development, & engineering and mine operations