American Rare Earths Ltd · ASX:ARR
American Rare Earths — Investor Presentation (November 2023)
26 slides from American Rare Earths's investor presentation, Nov 8, 2023
Slide 1: American Rare Earths Investor Presentation (ASX announcement)
8 November 2023 American Rare Earths Investor Presentation American Rare Earths Limited (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF| FSE:1BHA) (ARR or ‘the Company’) announces an updated investor presentation which is available on the Company’s website at https://americanrareearth
Slide 2: American Rare Earths Investor Presentation November 2023
For personal use only American Rare Earths (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF | FSE:1BHA) Investor Presentation November 2023
Slide 3: Disclaimers and Forward-Looking Statements
Disclaimers and Forward-Looking Statements Disclaimers Competent Person Statement This presentation contains forward-looking statements that involve The information in this report that relates to Exploration Results or Resource Estimates is based on subjective judgement and analysis and accordingly,
Slide 4: About American Rare Earths
About American Rare Earths Key Facts Australia’s only ASX-listed company with rare For personal use only • earth element assets in the United States. • Projects across southwest US in favorable mining jurisdictions together covering 17,400 acres. • Potentially the largest strategic rare earth resour
Slide 5: Geologic Characteristics Offer Best of Both Worlds
Geologic Characteristics Offer Best of Both Worlds For personal use only Conventional Deposit Comparison Halleck Creek Hard Rock Ionic Clay Sovereign Location Tier 1 Tier 1 Risk Grade 1-2% TREO1 +6% TREO 0.07 % Low Penalty Elements (U / Th) X Tank Acid Bake / In-Situ Processing Leaching Cracking Lea
Slide 6: Investment Thesis
Investment Thesis • Domestic sourcing of magnet metals have strategic importance for US. For personal use only • Forecasted deficit for magnet metals. • Flagship deposit test results indicate: • Low-cost, conventional processing • Appendix – Flowsheet developed by Wood. • Scalable development within
Slide 7: About Rare Earths
About Rare Earths Of the 17 rare earth elements, we are focused on primary magnet metals (neodymium (Nd) and praseodymium (Pr)), which are both present at our flagship project, Halleck Creek. For personal use only Nd Pr These elements are essential to: Advanced Wind Electric Electric Solar Weaponry/
Slide 8: Critical to Global Supply Chains
Critical to Global Supply Chains For personal use only Figure ES.1. Short-term (2020–2025) criticality matrix Figure ES.2. Medium-term (2025–2035) criticality matrix Source: U.S. Department of Energy, Critical Materials Assessment 2023 7 AMERICAN RARE EARTHS | November 2023 ASX: ARR OTCQB: ARRNF ADR
Slide 9: Forecasted Deficit in Magnet Metals NdPr
Forecasted Deficit in Magnet Metals NdPr For personal use only Non-Chinese capacity is insufficient to meet increasing demand across end-use applications Credit: Project Blue presentation "Does a detachment from the Chinese rare earth market threaten the global energy transition?" 19 Oct, 2023. 8 AM
Slide 10: Halleck Creek, Wyoming
Halleck Creek, Wyoming • Total JORC Resource of 1.43 billion tonnes. • Estimated 4.7 million tonnes of Total Rare Earth Oxides (TREO) with For personal use only an average grade of 3,309 ppm (0.33%). • Strategically significant rare earth deposit in the United States. • Close to infrastructure and a
Slide 11: Infrastructure
Infrastructure • Close to infrastructure, a highly skilled workforce and the For personal use only University of Wyoming. • Located in the Central Laramie Mountains, between Laramie and Wheatland. • Interstate and railroad access via existing state roads. • Burlington Northern Sante Fe mainline rail
Slide 12: Field Mapping at Halleck Creek
Field Mapping at Halleck Creek • A core hole was completed to 305 m of depth, exhibiting rare earth element (REE) mineralisation throughout utilising XRF. Prior drilling was For personal use only limited to less than 175 m. • Summer 2023 mapping and sampling initiative revealed potential for a large
Slide 13: 2023 Development Drilling Program at Halleck Creek
2023 Development Drilling Program at Halleck Creek • 2023 development drilling program totaled 2,389 metres (23 holes), with assay results expected in December 2023. For personal use only • High grade zones identified, with XRF grades observed up to 8,875 ppm. All drillholes in the program confirmed
Slide 14: Halleck Creek Development Strategy
Halleck Creek Development Strategy Three-phased parallel path to permitting. For personal use only Phase 1: • Finalise scoping study Q1 2024. • Pursuing test mine authorisation from the State of Wyoming (Timeframe less than 1 year). • Test mine and piloting. • Low-cost path to de-risking project. •
Slide 15: Beaver Creek, Wyoming
Beaver Creek, Wyoming • High grade field assay results with Total Rare Earth Oxide (TREO) from 5.8% to 13.9%. For personal use only • Neodymium + praseodymium grade ranged between 1% and 2.2%. • Newly acquired state section increases the Company’s holdings to 1,389 acres (562 hectares). • Plans unde
Slide 16: Other Projects
Other Projects La Paz, Arizona Searchlight, Nevada • 170.6 million tonnes JORC compliant resource. • 80 contiguous unpatented lode mining claims totalling For personal use only • Exploration Target 742-928 million tonnes. 1620 acres (656 ha). • Exploration Licenses across 7,506 acres with 33 Claims.
Slide 17: American Leadership Team
American Leadership Team Donald Swartz Jose Rico Joe Evers Chief Executive Officer Chief Financial Officer General Counsel For personal use only • 20+ years of global leadership experience in the • 20+ years of international corporate finance and • 10+ years experience in legal, regulatory, policy i
Slide 18: Australian and American Board of Directors
Australian and American Board of Directors Creagh Geoffrey Hill Chris Gibbs Melissa ‘Mel’ O’Connor AM Deputy Chairman Non-Executive Sanderson Chairman Director Non-Executive For personal use only Director • 40+ years as C-Suite and Director. • Director of ARR from 1989 to June • 25+ years internatio
Slide 19: Strong Operational Partners
Strong Operational Partners For personal use only 18 AMERICAN RARE EARTHS | November 2023 ASX: ARR OTCQB: ARRNF ADRs OTCQX FSE:1BHA
Slide 20: Established R&D Partnerships
Established R&D Partnerships For personal use only US Department of Defense US Department of Energy US Department Advanced Research Projects Critical Materials Institute (CMI) of Energy Agency’s EMBER program 19 AMERICAN RARE EARTHS | November 2023 ASX: ARR OTCQB: ARRNF ADRs OTCQX FSE:1BHA
Slide 21: Environmental, Social and Governance
Environmental, Social and Governance • Culture of safety driving strong safety record. For personal use only • Processing technology does not require Acid Bake/cracking. • Closed processing system, minimising environmental impact. • Dry tailings. • De minimis radioactivity (thorium and uranium). • S
Slide 22: Financial Highlights – September 30, 2023
Financial Highlights – September 30, 2023 (in AUD, except For personal use only shares) Share Price: (market close 31/10/2023) $0.13 Shares Outstanding: 446.6 million Market Cap: (market close 31/10/2023) $58 million Cash Position: $9.6 million 1 Invested Financial Assets : $5.0 million 1. Represent
Slide 23: Appendix
For personal use only Appendix
Slide 24: Wood Flowsheet (Crushing and Primary Grinding)
Wood Flowsheet (Crushing and Primary Grinding) ROM For personal use only Cyclone O/flow to WHIMS Primary Crushing Primary Cyclones Crushed Ore Stockpile SAG Mill Hopper 23 AMERICAN RARE EARTHS | November 2023 ASX: ARR OTCQB: ARRNF ADRs OTCQX FSE:1BHA
Slide 25: Wood Flowsheet (Beneficiation)
Wood Flowsheet (Beneficiation) Primary Cyclone O/flow Final Tails Thickening For personal use only Primary WHIMS Primary WHIMS Process Water Pond Surge Tank Tails Filter Tails Dry Stack Primary Mags Thickener Secondary Mags Thickener Concentrate Slurry Secondary WHIMS Primary Mags Regrind Secondary
Slide 26: Wood Flowsheet (Beneficiation, continued)
Wood Flowsheet (Beneficiation, continued) Concentrate Slurry For personal use only Residue Filtration (2 stage) Residue to Tails Dry Stack Partial Neutralisation Limestone Residue Filtration (2 stage) Fe/Th Residue to Tails Co-disposal RO Plant Effluent Neutralisation Effluent Filtration Effluent Ne
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