Meteoric Resources Nl · ASX:MEI
Meteoric Resources Nl — Meteoric Resources — RIU Explorers Conference 2025
14 slides from Meteoric Resources Nl's conference presentation, Feb 18, 2025
Slide 1: Caldeira - The World's Highest Grade Ionic Adsorption Clay REE Deposit
For personal use only ASX:MEI METEORIC Caldeira - The World’s Highest Grade Ionic Adsorption Clay REE Deposit FEBRUARY 2025
Slide 2: Disclaimer
DISCLAIMER These materials prepared by Meteoric Resources NL (“Meteoric” or the “Company”) include forward looking statements. Forward looking statements can generally be identified by the use of forward looking words such as “may”, “will”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “cont
Slide 3: Company Overview - MEI Snapshot
COMPANY OVERVIEW MEI SNAPSHOT ASX Code MEI For personal use only Share Price (17/02/25 Close) A$0.08 Shares on Issue 2.3B Market Capitalisation A$175M Cash (31/12/2024) A$29.1M Trading volume (3-month Avg.) 4.1M BOARD AND MANAGEMENT Executive Chairman Dr Andrew Tunks Executive Director Dr Marcelo de
Slide 4: The Caldeira Project
THE CALDEIRA PROJECT Low cost, multi target with significant growth optionality and government support • World class resource: • High grade with high recoveries For personal use only • Low capital development cost • Operating costs in lowest quartile • 740Mt @ 2,572ppm TREO with additional resource
Slide 5: Exploration - Barra do Pacu
EXPLORATION - BARRA DO PACU Supports expanded low-cost, high grade operations for > 10 years near processing facility Drilled 6,538m for 224 holes with outstanding intercepts including (ASX 12/12/24): For personal use only ▪ BDPAC0171 - 37m @ 7,998ppm TREO [0m] ▪ BDPAC0178 - 34m @ 6,862ppm TREO [0m]
Slide 6: Barra do Pacu - Mineralised Intercepts
BARRA DO PACU – MINERALISED INTERCEPTS Near mine high grade >4,000ppm TREO extensions identified For personal use only • ~8,000ppm TREO material (ASX 12/12/24) • Immediately adjacent to Starter Pit • Near processing facility (green highlights) • Extension requires environmental approval • All holes
Slide 7: Agostinho - More High Grade
AGOSTINHO – MORE HIGH GRADE Identifying scale and grade which supports a Northern expansion Drilled 3,301m for 116 holes with outstanding intercepts (ASX 5/2/25): For personal use only • AGOAC0107 - 24m @ 6,918ppm TREO [0m] o 6m @ 19,183ppm TREO [2m] with 34.9% MREO • AGOAC0110 - 22m @ 4,422ppm TREO
Slide 8: World-Class Project
WORLD-CLASS PROJECT Industry-leading project of scale, expansion potential with sustainable low operating costs Payback 2.2 Life of Mine (ASX 22/10/2024) Unit Value Life of Mine Years 20 NPV8 $1.4bn IRR 40% years For personal use only Plant Nameplate Capacity ROM Mtpa 5 TREO Feed Grade PPM 3,724 Ann
Slide 9: Simple Process Flowsheet
SIMPLE PROCESS FLOWSHEET Caldeira’s ionic clay metallurgy allows Meteoric to produce a refined mixed rare earth carbonate product at a low cost and energy intensity For personal use only Key advantages Process Flowsheet Recycling Free dig, no drill and blast with low strip ratio 0.21 1 LOM water fer
Slide 10: Capital Costs, Funding and Offtake
CAPITAL COSTS, FUNDING AND OFFTAKE Low capital intensity and operating costs make Caldeira a highly financeable project in all market conditions (ASX 22/10/24) Funding For personal use only • Continued government support in the form of debt and grant financing • BNDES ramping up support for the Stra
Slide 11: Future Potential
FUTURE POTENTIAL Developing optionality for expansion to the high grade Northern licences Stage 1: 5Mtpa processing facility For personal use only • Significant resource across CDM, Soberbo and Figueira • BdP resource update pending • PFS to incorporate all information on the Southern tenements Stag
Slide 12: The Caldeira Project
THE CALDEIRA PROJECT The world’s most attractive rare earth development project and an industry disruptor High grade resource For personal use only Low operating cost Low capital intensity Excellent financial metrics Strong Government support Scale Optionality RIU EXPLORERS CONFERENCE | FEBRUARY 202
Slide 13: Contact Us
For personal use only CONTACT US Meteoric Resources ABN 64 107 985 651 W www.meteoric.com.au A Level 1, 35 Ventnor Avenue, West Perth WA 6005 Dr Andrew Tunks - Executive Chairman T +61 400 205 555 E ajtunks@meteoric.com.au Stuart Gale - Managing Director T +61 437 900 175 E sgale@meteoric.com.au ASX
Slide 14: For personal use only
For personal use only RIU EXPLORERS CONFERENCE | FEBRUARY 2025 14