Abx Group Limited · ASX:ABX
Abx — International Mining and Resources Conference 2023
16 slides from Abx's conference presentation, Oct 31, 2023
Slide 1: Ionic Adsorption Clay Rare Earths in Tasmania
For personal use only (ASX:ABX) Ionic Adsorption Clay Rare Earths in Tasmania International Mining and Resources Conference Sydney International Conference Centre – Tuesday 31 October, 4:50pm AEDT Mark Cooksey Managing Director and CEO 31 October 2023 Page 1
Slide 2: Disclaimer
Disclaimer For personal use only This presentation has been prepared by ABx Group Limited ACN 139 494 885 (“ABx” or the “Company”). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation with
Slide 3: Delivering materials for a cleaner future
For personal use only Delivering materials for a cleaner future • Discovering and developing an ionic adsorption Exploration Development Technology clay rare earth project in northern Tasmania • Establishing a plant to produce hydrogen fluoride and aluminium fluoride from recycled industrial waste,
Slide 4: Corporate Overview
Corporate Overview ASX code: ABX For personal use only Average daily Market cap Cash @ 27 Oct Listed Issued shares Options 52-week range volume (3 Shareholders (@$0.07) 2023 months) 24 Dec 2009 $0.07- 242.3m 11.0m 170,000 $17m $6.5m 2,527 @ $0.20 $0.16 Major Shareholders Shares % Peter Palan and Cla
Slide 5: Permanent magnet rare earths (PREE)
Permanent magnet rare earths (PREE) For personal use only • Essential for electric vehicles and wind turbines Super • Represent over 90% of value of rare earths consumption Magnets • Forecast to grow at 7% per year to 2040 %market %market volume value 9% Nd Pr e.g. catalysts, glass Neodymium Praseod
Slide 6: Character of a clay-hosted rare earth deposit
Character of a clay-hosted rare earth deposit For personal use only • Exist on a spectrum from 'REE mineral'-clay mixtures to REE-ions adsorbed on/in clays • Higher contained value than most hard rock deposits due to high (relative) heavy rare earth content Hard rock: Mount Weld (Lynas) Deep Leads S
Slide 7: Requirements for an ionic clay rare earth project
Requirements for an ionic clay rare earth project For personal use only Feature Aspects Mineral Resource Size, grade, strip ratio, radionuclides Process Reagent consumption, yield, product quality Infrastructure Transport, energy, water Regulatory approval, community support, government Jurisdiction
Slide 8: ABx rare earth discoveries in Tasmania
ABx rare earth discoveries in Tasmania For personal use only ABx is the first company to discover rare earths in Tasmania • Four discoveries spanning 100 km2 (1) • Newly granted tenements add >482 km2 (2) 1 Source: ABX ASX Release, 16 March 2022 ABx REE discoveries & leases 2 Source: ABX ASX Release
Slide 9: Rare Earths Resource Estimate
New discovery hole RM336 8m @ 17,333ppm TREO Rare Earths Resource Estimate For personal use only • Most recent upgrade announced 18 July 20231 16 km • Six-fold increase since maiden estimate in November 2022 2 dB reak W in Size Cut-off (ppm Mean TREO Mean TREO- DyTb4 TREO-CeO2) (ppm) CeO2 (ppm) (%TR
Slide 10: Not all clays are created equal
Not all clays are created equal pH is king For personal use only • Charts shows indicative reagent cost and product prices, based on published data • As pH decreases, reagent cost alone can be higher than product price • Position on cost curve heavily dependent on pH required to achieve significant
Slide 11: Infrastructure
Infrastructure For personal use only Transport • <20 km to major highway • <100 km to deepwater Bell Bay port Labour • <50 km to Launceston (pop 65,000) Water • High availability in Tasmania Energy • Close to major transmission lines 11
Slide 12: Jurisdiction
Jurisdiction Deloraine For personal use only Australia • NATO partner • Major mining jurisdiction Tasmania • Extensive mining history: tin, copper, zinc, lead, gold • Supportive regulatory environment Deloraine region • Mostly commercial forest plantations 12
Slide 13: Resources: People
Ian Levy (geology) Resources • 30 years of senior management and geological experience People with multiple commodities, including at WMC • Previously CEO of Allegiance Mining and Director of For personal use only Gloucester Coal • Member of JORC for 11 years (4 years as Vice Chairman) • High calibr
Slide 14: Requirements for an ionic clay rare earth project: ABx strengths
Requirements for an ionic clay rare earth project ABx strengths For personal use only Feature ABx • 27 Mt with good prospects for growth Mineral Resource • 800 ppm TREO with high proportion of DyTb • Low strip ratio Process • pH 4: low cost • Close to all major infrastructure, with good access to In
Slide 15: ABx rare earths strategy
ABx rare earths strategy For personal use only Strategy • Rapidly develop low-cost production of mixed rare earth carbonate • We operate only where welcomed Plan • Deepen engagement with potential customers • Further drilling campaigns • Further investigations of metallurgical processing steps and c
Slide 16: ABx Group Limited
For personal use only ABx Group Limited L5 52 Phillip Street Sydney 2000 Australia Phone: +61 2 9251 7177 E: corporate@abxgroup.com.au Mark Cooksey Managing Director and CEO E: mcooksey@abxgroup.com.au
ABx Group — International Mining and Resources Conference 2023 on 6ix