Slide 1: Securing supply of critical minerals for the global energy transition
Securing supply of critical minerals for the global energy transition 2024 IMARC Global I Project Spotlight I Goschen Rare Earths and Mineral Sands Project ASX:VHM Acknowledgement of Country VHM acknowledges the Australian Aboriginal and Torres Strait Islander peoples as the first inhabitants of the
Slide 2: Disclaimer and forward-looking statements
Disclaimer and forward-looking statements Important Information Forward-looking statements are based on numerous assumptions regarding VHM Limited’s present and future business strategies and the environment in which VHM Limited will operate in the future. Among the important This presentation has b
Slide 3: VHM Limited (ASX:VHM) overview
VHM Limited (ASX:VHM) overview Australian owned rare earths and mineral sands Corporate Snapshot mine and processing developer GOSCHEN PROJECT3 Market Cap1 Top 20 Shareholders 98.8Mt ORE @ 4.0% THM Zircon 23.6%, Rutile 9.9%, A$67.66 million Top 20: 34% Mon 3.7%, Xen 0.7% Ellison WA: 8.9% CANNIE PROJ
Slide 4: Highlights
Highlights Emerging Tier 1 integrated rare earth and minerals sands project with globally significant mineral assemblage Construction ready with pathway to production: in anticipation of primary approval. Simple operating methodologies: Shallow-pit mined via truck-shovel with conventional processi
Slide 5: Accelerating Goschen towards production
Accelerating Goschen towards production Extensive development works complete Definitive Feasibility Study Goschen Environment 30% Capex Reduction Extensive Exploration Refreshed Approval for Goschen Base Plant Drill Program 20–25-year Life of Mine I NPV A$1.525B I IRR 44% I Low Capex I Report with t
Slide 6: Goschen permitting pathway
Goschen permitting pathway Approvals milestones achieved Primary Approval (EES) Secondary Approvals (Work Plans, Mining Licence) Source: Engage Victoria website Q4 2023 Victorian Minister for Planning approved public exhibition for Goschen EES1 Exhibition stage: Public Submissions2 20 November 2023
Slide 7: Goschen Project highlights
Goschen Project highlights The DFS Refresh1 demonstrates the Goschen Project economics to be compelling 5Mtpa 9.4ktpa >20 years REMC Conventional open cut Target annual production rates for mining methods rare earth mineral concentrate excavation, load and (REMC) haul 8.5ktpa 134.5ktpa MREC HMC Targ
Slide 8: Company Mineral Resources & Reserves
1 2 Company Mineral Resources & Reserves VHM’s assets in Victoria’s critical minerals province at 30 June 2024 892 Mt1 Mineral Resources estimate 650 Kt1 TREO + Y2O3 210 Mt2 Ore Reserves Notes: (1): Company Mineral Resources estimate at 30 June 2024 (2): Company Global Reserves last updated and rele
Slide 9: Rare earths driving the energy transition
Rare earths driving the energy transition End uses 32% Electric vehicles 28% Wind turbines and industry motors 14% Mobile phones and other communication devices 12% Laptops and digital cameras 10% Electromagnetic relay electronic controller sensor 4% Medical devices and other medical equipment Marke
Slide 10: Urbanisation has a long way to go
Urbanisation has a long way to go Forecasted demand zircon Forecast demand for zircon sands by region Zircon prices have remained relatively stable at ~US$2,000/tonne. TZMI expects long-term global zircon demand to grow at 2.6% per annum with India, the Americas and other Asia Pacific markets ex
Slide 11: The Australian Government is backing the critical minerals sector
The Australian Government is backing the critical minerals sector Export Finance Australia National Reconstruction Fund Critical Minerals Office Clean Energy Finance Corporation Commonwealth Scientific and Industrial Research International Critical Minerals Partnership Fund Organisation Australian N
Slide 12: Benefit sharing
Benefit sharing Community 12
Slide 13: Future opportunities
Future opportunities High-grade strandlines New South Wales 21 strandlines identified by processing historic data1. VHM drilling in targeted strandlines identified high- grade, near-surface THM. As part of its future exploration program, VHM will continue to target identified high-grade strand
Slide 14: Appendix A. JORC Tables
©) VIM Limited Appendix A. JORC Tables
Slide 15: Company Mineral Resources
Company Mineral Resources 892.1 Mt Mineral Resource estimate Notes: Any discrepancies in totals are a function of rounding. 1. Mineral resources reported at a cut-off grade of 1.0% THM. 2. Mineral resources reported at a cut-off grade of 1.75% THM. 3. Mineral resources reported at a cut-off grade of
Slide 16: Company Ore Reserves
Company Ore Reserves 210.2Mt Ore Reserve Note: (1) Any discrepancies in totals are a function of rounding. THM Assemblage and Rare Earth Oxides are reported as a percentage of in-situ THM content. The Ore Reserve was updated and disclosed under the JORC Code (2012) in the ASX release published 29 Se
Slide 17: Goschen DFS Ore Reserve
Goschen DFS Ore Reserve 98.8Mt Ore Reserve – Subset of global Company Ore Reserves Note: (1) Any discrepancies in totals are a function of rounding. THM Assemblage and Rare Earth Oxides are reported as a percentage of in-situ THM content. The Ore Reserve was disclosed under the JORC Code (2012) in t
Slide 18: For further information contact
Level 11, 330 Collins Street, Victoria 3000 vhmltd.com.au For further information contact: Ron Douglas Chief Executive Officer Ron.Douglas@vhmltd.com.au