Lindian Resources Limited · ASX:LIN

Lindian Resources — Diggers & Dealers Conference 2023

19 slides from Lindian Resources's conference presentation, Aug 9, 2023

  1. Slide 1: Kangankunde "The King" - Diggers & Dealers Conference

    For personal use only KANGANKUNDE “THE KING” DIGGERS & DEALERS CONFERENCE August 2023 Rare Earths | Bauxite 9 August 2023

  2. Slide 2: Disclaimer

    DISCLAIMER 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 prior written approval

  3. Slide 3: Corporate Overview

    CORPORATE OVERVIEW Company ASX Code LIN Asimwe • Tanzanian born Australian entrepreneur Kabunga • The visionary behind the company’s strategy Share Price ~A$0.36 • Major shareholder Chairman • Commercially astute and strategic investor For personal use only Ordinary Shares on Issue 1.13B Performance

  4. Slide 4: Regional Location

    For personal use only REGIONAL LOCATION ASX: LIN 4

  5. Slide 5: Mineral Resource Statement

    MINERAL RESOURCE STATEMENT “THE KING” Inferred Category1 Million tonnes Grade TREO % REO tonne For personal use only Domain 1 58 1.8 225 kt TREO Domain 2 72 1.9 285 kt TREO Domain 3 23 3.2 137 kt TREO Domain 4 60 2.4 281 kt TREO Domain 5 46 2.3 220 kt TREO Total 261 2.19 5.7 mt TREO NdPr 20.2% 1.2 m

  6. Slide 6: Global Leader REO Resource

    GLOBAL LEADER REO RESOURCE 7,000,000 KANGANKUNDE GLOBAL TREO only 6,000,000 Kangankunde • 5.7 mt of TREO containing LEADING • 1.2 mt of NdPr • 91 kt SEG • 5 kt TbDy use 5,000,000 Ngulla Longonjo Rare Earth Mineral Resource Tonne contained 4,000,000 For personal 3,000,000 Khotgor 2,000,000 Nolans Bor

  7. Slide 7: Kangankunde Contained NdPr

    KANGANKUNDE CONTAINED NdPr 1,200,000 This has been achieved in use only just 9 months of technical Kangankunde Tonne contained NdPr 1,000,000 programs 800,000 For personal 600,000 400,000 200,000 - Source: Appendix C ASX: LIN 7

  8. Slide 8: Geology and MRE

    GEOLOGY AND MRE Mineral Resource For personal use only Block Model Refer www.lindianresources.com.au for information on results of drilling ASX: LIN 8

  9. Slide 9: Deep Drill Hole KGKRCDD074

    DEEP DRILL HOLE KGKRCDD074 Geology & Drill Holes Mineral Resource Block Model For personal use only DEEP EXTENSIONS TO MINERALISATION IDENTIFIED Refer ASX:LIN release dated 31st July 2023 Refer www.lindianresources.com.au for information on results of drilling ASX: LIN 9

  10. Slide 10: Product Quality

    PRODUCT QUALITY 1 Kangankunde Recovery Concentrate NdPr% Radiation Price $US/Kg For personal use only Metallurgy results1 +70% +60% 20.2 No To be negotiated Enhances downstream Significantly lowers Should attract a significant Water only separation Adds significant value Implications Low operating c

  11. Slide 11: NdPr The Key to Magnets

    NdPr THE KEY TO MAGNETS The supply chain for NdPr needs to be resolved to NdPr is 90% of the REO Market Value unlock the supply chain to TbDy use only 100 100 90 90 80 80 70 70 60 For personal 60 %age %age 50 50 40 40 30 30 20 20 10 10 0 Batteries + Metallurgy Phosphors Magnets 0 Catalysts Category

  12. Slide 12: Stage Processing Plant

    STAGE 1 PROCESSING PLANT Proposed staged strategic development objectives For personal use only Engineering 3D Plant Model of Stage 1 Processing Facility ASX: LIN 12

  13. Slide 13: Kangankunde - Pathway to Carbon Neutral

    For personal use only KANGANKUNDE - Pathway to Carbon Neutral Water Sustainable Environmental Community Sustainable Preservation Power Care Mining • Water based • Hydroelectric grid • Reforestation • Assistance • Electric Mining recovery process power programs programs Fleet • Water recycling • Sust

  14. Slide 14: The Kangankunde Community

    For personal use only THE KANGANKUNDE COMMUNITY Insert photos from site and community montage ASX: LIN 1414

  15. Slide 15: Project Summary

    PROJECT SUMMARY KANGANKUNDE “THE KING” STATUS TENURE METALLURGY For personal use only Global leading REO Mining Licence + 70% recovery Project Environmental 60% concentrate grade Certificate issued 20% NdPr    ENVIRONMENT DEVELOPMENT STRATEGIC Net zero-carbon capable Design programs for An enable

  16. Slide 16: 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

  17. Slide 17: Appendix A: Mineral Resource

    Appendix A: Mineral Resource Table 1: Kangankunde Rare Earths Mineral Resource (at 0.5% TREO cut-off) Tonne La2O3 CeO2 Pr6O11 Nd2O3 Sm2O3 Eu2O3 Gd2O3 Tb4O7 Dy2O3 Ho2O3 Er2O3 Tm2O3 Yb2O3 Lu2O3 Y2 O 3 Class s (Mt) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm

  18. Slide 18: Appendix B: ASX announcements

    Appendix B: ASX announcements List of ASX Announcements released by Lindian relating to the Kangankunde Rare Earths Project For personal use only Date of Release Title 1-Aug-2022 Lindian to Acquire 100% of Globally Significant Kangankunde Rare Earths Project 5-Jan-2023 Kangankunde Delivers Outstandi

  19. Slide 19: Appendix C: Peer Comparison Information

    Appendix C: Peer Comparison Information Resource Resource TREO Contained RE Type NdPr Contained Ticker Company Exchange Status Project Location Source Classification Mt Grade % REO kt LREE/HRE Grade % NdPr kt Lindian LIN.ASX ASX Explorer Kangankunde Malawi Inferred 261 2.2% 5,716 LREE 20% 1,143 LIN

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