Lynas Rare Earths Limited · ASX:LYC
Lynas Rare Earths — Shareholder Meeting (November 2022)
24 slides from Lynas Rare Earths's shareholder meeting presentation, Nov 29, 2022
Slide 1: Lynas Rare Earths Limited Annual General Meeting
For personal use only Lynas Rare Earths Limited Annual General Meeting 29 November 2022
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Lynas Rare Earths Limited (ABN 27 009 066 648) (Lynas as a general guide only and should not be relied upon as an indication or guarantee of future For personal use only or the Company) this presentation contains summary information about Lynas and i
Slide 3: Chairman's address
For personal use only Chairman’s address Kathleen Conlon
Slide 4: CEO presentation: Delivering our ambitious growth plans
For personal use only CEO presentation Amanda Lacaze Delivering our ambitious growth plans
Slide 5: Video: Our global operations
Video: Our global operations For personal use only Watch online via our YouTube channel: https://www.youtube.com/watch?v=Y2ZB59NxlDY 5
Slide 6: FY2022 financial highlights
FY2022 financial highlights You will need to For personal use only Record Profit Record Sales Revenue $540.8m $920.0m FY21 NPAT: $157.1m FY21: $489.0m EBITDA Cash and Short Term Deposits $601.2m $965.6m FY21: $235.3m 30 June 2021: $680.8m 66
Slide 7: FY2022 operational highlights
FY2022 operational highlights For personal use only 15,970t 5,880t Total REO production NdPr production FY21: 15,761 tonnes FY21: 5,461 tonnes $60.3 $186.3m Average selling price Property, plant & per kg REO equipment capital spend FY21: $29.8/kg 30 June 2021: $40.4m 77
Slide 8: FY2022 ESG highlights
FY2022 ESG highlights For personal use only Operating safely Increasing gender through COVID-19 diversity pandemic 24% women senior executives LTIF rate of 0.8 per million hours worked at 30 June 23% women employees at 30 June 50% women Board members Enhancing climate Delivering on change resilience
Slide 9: Demand continues to grow for EVs and wind energy
Demand continues to grow for EVs and wind energy For personal use only Additional 5kt NdPr oxide required per 10m Hybrid Electric Vehicles 3 kilotonnes of NdPr oxide per 10GW capacity direct drive wind turbine Additional 7kt NdPr oxide required per 10m Battery Electric Vehicles Source: IEA Electric
Slide 10: Developing our business for an exciting future
Developing our business for an exciting future For personal use only Completing the Rare Planning U.S. Rare Earth Accelerating production Enhancing operations Earths Processing Processing Facility in capacity at Mt Weld at Lynas Malaysia Facility in Kalgoorlie Texas Ambitious growth projects are und
Slide 11: Making the most of the precious Mt Weld resource
Making the most of the precious Mt Weld resource For personal use only • $500m Mt Weld capacity Progress to date: expansion project • Project team in place • Targeting concentrate feedstock of 12,000 tpa • Long lead items and early NdPr products in 2024 procurement underway • New 2-year exploration
Slide 12: Mt Weld expansion integrates with existing operation
Mt Weld expansion integrates with Power station existing operation For personal use only Concentrate Load- Reagents Out Warehouse Apatite Dewatering (re- use existing) Apatite Leach & Concentrate Dewatering New Grinding Re-use & Crushing Circuit Existing Flotation Flotation Recycle Water Treatment 1
Slide 13: Expanding Australian operations with the Kalgoorlie Rare Earths Processing Facility
Expanding Australian operations with the Kalgoorlie Rare Earths Processing Facility For personal use only 13
Slide 14: Video: Kalgoorlie construction time lapse
Video: Kalgoorlie construction time lapse For personal use only Watch online via our YouTube channel: https://youtu.be/TG_A8P93dFE 14
Slide 15: Supporting local businesses in the WA Goldfields
Supporting local businesses in the WA Goldfields Pioneer Water Tanks For personal use only Perimeter site fencing by WATwo 1700m3 tanks fabrication, Built by Geoff, Kalgoorlie CPC Kalgoorlie Buildings hired through Ausco & Onsite Kalgoorlie $17.5m contract 48 steel Administration & Control Buildings
Slide 16: Enhancing operations in Malaysia
Enhancing operations in Malaysia You will need to For personal use only Increasing capacity • Works to receive mixed rare earth carbonate feedstock • Investment in solvent extraction and product finishing • Expanding range of products Improving efficiency • Water recycling • Ongoing 7S programmes Co
Slide 17: Progressing plans for the USA
Progressing plans for the USA Rare Earths Separation Facility For personal use only Committed & supportive U.S. Government • Follow-on contract for construction of commercial HRE separation facility • Phase II deliverables submitted to the US DoD Backed by U.S. Government policy settings • Inflation
Slide 18: For personal use only
For personal use only U.S. Ambassador Caroline Kennedy and U.S. Consul General in WA Siriana Nair at Mt Lynas Kalgoorlie team with Mayor City of Kalgoorlie-Boulder John Bowler Weld Ali Kent MLA, WA Minister for Mines and Petroleum Bill Johnston MLA, Amanda Lacaze, Federal Rick Wilson MP, Federal Mem
Slide 19: People and Communities
People For personal use only • Over 1,000 employees & contractors globally • Commitment to gender and cultural diversity Communities • Ongoing community engagement • WA Local Giving Programme launched • Kuantan sports carnival held for 4,000+ community members 19
Slide 20: Environment, Awards & Recognition
Environment For personal use only • Energy transition initiatives • Water recycling programmes • Mine site rehabilitation trials Awards & Recognition • Mt Weld tailings management named Finalist in 2022 Golden Gecko Award for environmental excellence administered by WA DMIRS 20
Slide 21: Continuing to innovate – Mt Weld tailings management
Continuing to innovate – Mt Weld tailings management For personal use only 2014 – Our tailings challenge: 2018 – implemented unique tailings 2022 – Transformation tailings programme Tailings wouldn’t settle and solution • Finalist in WA Golden Gecko awards for consolidate, leading to: • Accelerated
Slide 22: Lynas plays an important role in the global economy
Lynas plays an important role in the global economy For personal use only Malaysia: Over RM$3 billion in foreign direct investment, since 2008 Approx. 1000 ongoing jobs United States: (98% local employment) Planned U.S. Rare Earths Processing Facility (Heavy and Light Rare Earths) Approx. 619 jobs t
Slide 23: Visit us at LynasRareEarths.com
For personal use only Visit us at LynasRareEarths.com 23
Slide 24: Appendix A: JORC Compliance and Competent Person's Statement
Appendix A: JORC Compliance and Competent Person’s Statement For personal use only Exploration Results The information in this report that relates to the Exploration Results is based on information compiled by Dr Sadangaya Ganesh Bhat. Dr Sadangaya Ganesh Bhat is a full-time employee of Lynas Rare E
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