Rainbow Rare Earths Ltd. · LSE:RBW
Rainbow Rare Earths — Investor Presentation (January 2021)
24 slides from Rainbow Rare Earths's investor presentation, January 2021
Slide 1: NdPr: Powering the Green Revolution
RAINBOW RARE EARTHS NdPr: POWERING THE GREEN REVOLUTION January 2021
Slide 2: Disclaimer
DISCLAIMER These Presentation Materials are for information purposes only and must not be used or relied upon for the purpose of making any investment decision or engaging in any investment activity and should not be construed as, an offer for sale or subscription of, or solicitation of any offer to
Slide 3: Market Overview: Rare Earths, the Critical Building Blocks
MARKET OVERVIEW RARE EARTHS: THE CRITICAL BUILDING BLOCKS Market Overview IN THE GREEN REVOLUTION 3 Rainbow Rare Earths Limited Corporate Presentation – January 2021
Slide 4: NdPr Constitute 90%+ of Rare Earths Value
NdPr CONSTITUTE 90%+ OF RARE EARTHS VALUE NEODYMIUM AND PRASEODYMIUM (NdPr) ARE CRITICAL ELEMENTS IN PERMANENT MAGNETS USED FOR MOTORS AND TURBINES Permanent magnet production accounted for 91% of the total value of TREO consumption in 2019 Market Overview Source: Adamus Intelligence 4 Rainbow Rare
Slide 5: Global Trends Accelerate NdPr Demand
GLOBAL TRENDS ACCELERATE NdPr DEMAND… KEY GLOBAL MEGATRENDS ARE DRIVING STRONG AND DIVERSIFIED DEMAND FOR NdPr ANTICIPATED GLOBAL REO MAGNET DEMAND GROWTH 160,000 • AUTOMATION: Accelerating technological progress 141Kt by 2030 140,000 • LOW CARBON TRANSITION: environmental protection and climate cha
Slide 6: Powered by the Green Revolution
…POWERED BY THE GREEN REVOLUTION PROJECTED ANNUAL GLOBAL EV SALES NO EXISTING ACCEPTABLE SUBSTITUTES FOR NdPr IN PERMANENT MAGNETS FOR EVS AND WIND TURBINES WHILST BATTERY CHEMISTRY IS STILL EVOLVING, THE MOTOR TECHNOLOGY REQUIRED ACROSS ALL EVS DRIVES NDPR DEMAND REGARDLESS OF BATTERY CHEMISTRY Mar
Slide 7: Significant Projected NdPr Supply Constraints
SIGNIFICANT PROJECTED NdPr SUPPLY CONSTRAINTS SECURING AN ETHICAL AND SUSTAINABLE SUPPLY CHAIN FOR STRATEGIC MATERIALS NdPr OXIDE – FORECAST SUPPLY – DEMAND BALANCE • China currently dominates global RE production (~80%) 160,000 • The EU’s Action Plan on Critical Raw Materials aims to strengthen 140
Slide 8: Rainbow Projects: Supported Even at Current NdPr Prices
RAINBOW PROJECTS: SUPPORTED EVEN AT CURRENT NdPr PRICES NDPR PRICES ARE FORECAST TO INCREASE SIGNIFICANTLY BY 2030… ...but the economic viability of Rainbow’s Gakara and Phalaborwa projects is supported even at current prices NdPr PRICE FORECASTS 120 Market Overview 110 100 90 80 70 60 50 40 30 2015
Slide 9: Project Overview: Gakara Project
PROJECT OVERVIEW GAKARA PROJECT Project Overview: Gakara Project 9 Rainbow Rare Earths Limited Corporate Presentation – January 2021
Slide 10: Producing High-Grade Rare Earth Concentrate
PRODUCING HIGH-GRADE RARE EARTH CONCENTRATE FROM THE ONLY AFRICAN RARE EARTHS MINE IN PRODUCTION PRODUCING HIGH-GRADE RARE EARTH CONCENTRATE FROM THE ONLY AFRICAN RARE EARTHS MINE IN PRODUCTION Project Overview: Gakara Project • Located just south of Bujumbura, Burundi (East Africa) • Large mining p
Slide 11: Gakara Deposit: A Mix of Breccia and High-Grade Veins
GAKARA DEPOSIT A MIX OF BRECCIA AND HIGH-GRADE VEINS Project Overview: Gakara Project Source: PhD thesis, University of Rennes, December 2019 11 Rainbow Rare Earths Limited Corporate Presentation – January 2021
Slide 12: JORC Exploration Target from Across the Licence
JORC EXPLORATION TARGET FROM ACROSS THE LICENCE Gasagwe – Trial mined by Rainbow between 2017–2019 Murambi South – Currently being trial mined by Rainbow. producing 1,200t high grade concentrate. Production data and vein mapping data delivered updated Production data and vein mapping data delivered
Slide 13: Gakara Exploration Target
GAKARA EXPLORATION TARGET JORC (2012) EXPLORATION TARGET ANNOUNCED OCTOBER 2020 DEFINED CLEAR STRATEGY FOR MODULAR DEVELOPMENT Targeting 10,000-20,000tpa RE concentrate production Lower estimate Upper estimate Project Overview: Gakara Project Tonnes TREO % Tonnes TREO % Vein Hosted Mineralisation Mu
Slide 14: Road Map: Delivering Our Long-Term Plan at Gakara
ROAD MAP DELIVERING OUR LONG-TERM PLAN AT GAKARA EXPLORATION TARGET ANNOUNCED OCTOBER 2020 DEFINED CLEAR STRATEGY FOR MODULAR DEVELOPMENT Targeting 10,000-20,000tpa RE concentrate production Project Overview: Gakara Project STAGE 1 STAGE 2 STAGE 3 STAGE 4 STAGE 5 Current status 2021-22 2022 2023 202
Slide 15: Gakara: Simple Development Opportunity
GAKARA SIMPLE DEVELOPMENT OPPORTUNITY EXPLORATION TARGET ANNOUNCED OCTOBER 2020 DEFINED CLEAR STRATEGY FOR LOW CAPITAL INTENSITY MODULAR DEVELOPMENT Targeting 10,000-20,000tpa RE concentrate production Project Overview: Gakara Project 15 Rainbow Rare Earths Limited Corporate Presentation – January 2
Slide 16: Project Overview: Phalaborwa Earn-In
PROJECT OVERVIEW Project Overview: Phalaborwa Earn-In PHALABORWA EARN-IN 16 Rainbow Rare Earths Limited Corporate Presentation – January 2021
Slide 17: Phalaborwa: Exciting Opportunity from Gypsum Dumps
PHALABORWA EXCITING OPPORTUNITY FROM GYPSUM DUMPS • Existing Gypsum stacks resulting from mining and processing of Project Overview: Phalaborwa Earn-In phosphate rock over 50+ years in South Africa • c.35Mt in stacks which initial grab sample assays indicate hold c.210,000 tonnes rare earth oxides a
Slide 18: Phalaborwa Earn-In Agreement
PHALABORWA EARN-IN AGREEMENT • Earn-in agreement signed with Bosveld Phosphates Project Overview: Phalaborwa Earn-In • US$750k consideration for earn-in payable in three tranches in cash and shares over a period of 12 months • US$250k payable in cash on completion of initial confirmatory due diligen
Slide 19: Summary
SUMMARY RAINBOW: A STRATEGIC SOURCE OF RARE EARTH Summary MINERALS FOR A GROWING MARKET 19 Rainbow Rare Earths Limited Corporate Presentation – January 2021
Slide 20: Rainbow: A Strategic Source of Rare Earth Minerals
RAINBOW A STRATEGIC SOURCE OF RARE EARTH MINERALS FOR A GROWING MARKET Rainbow Rare Earths is uniquely positioned to benefit from the expected growth in the demand for Rare Earths to power the Green Revolution • Rainbow has both project and country risk diversification from two potentially world-cla
Slide 21: Our Board
OUR BOARD ADONIS POUROULIS GEORGE BENNETT NON-EXECUTIVE CHAIRMAN CEO • Mining engineer: an entrepreneur whose expertise lies in the discovery, exploration • 25 years in finance and management, including as partner in stockbroking/advisory and development of natural resources across Africa including
Slide 22: Our Executive Management
OUR EXECUTIVE MANAGEMENT GEORGE BENNETT PROF. GILBERT MIDENDE CEO CHARGE D’AFFAIRS - BURUNDI • 25 years in finance and management, including as partner in stockbroking/advisory • Former Minister of Energy and Mines of Burundi, twice firms in SA • Former Minister of Higher Education and Scientific Re
Slide 23: Key Shareholder Information
KEY SHAREHOLDER INFORMATION BOARD SHAREHOLDINGS Shareholder Holding Ticker Market Market cap Share price Shares in Brokers issue Adonis Pouroulis* 16.4% RBW.L LSE £57m 12.3p 468m SP ANGEL George Bennett* 7.4% SHARE PRICE Summary Shawn McCormick* 2.0% Alexander Lowrie 1.2% Robert Sinclair 1.1% Atul B
Slide 24: Thank You
RAINBOW RARE EARTHS THANK YOU Contact us: GEORGE BENNETT PETE GARDNER CEO CFO SA Mobile: +27 82 652 UK Mobile: +44 771 779 4251 Office Number: + 27 11 996 3500 Skype: petegardner73 Skype: George.bennett72 Email: peteg@rainbowrareearths.com Email: georgeb@Rainbowrareearths.com
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