Abx Group Limited · ASX:ABX
Abx — RIU Sydney Resources Round-up Conference 2023
14 slides from Abx's conference presentation, May 9, 2023
Slide 1: ASX Announcement: CEO Presentation at RIU Sydney Resources Round-up
ASX Announcement 9 May 2023 ASX: ABX Managing Director/CEO Presentation at the RIU Sydney Resources Round-up Conference ABx Group (ASX: ABX) (“ABx” or “the Company”) is pleased to provide the attached material being presented by Managing Director and CEO Dr Mark Cooksey at the RIU Sydney Resources R
Slide 2: Ionic Adsorption Clay Rare Earths
For personal use only (ASX:ABX) Ionic Adsorption Clay Rare Earths Sydney Resources Round-up Mark Cooksey Managing Director and CEO 9 May 2023 Page 1
Slide 3: Disclaimer
Disclaimer 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 respect to those secu
Slide 4: Delivering materials for a cleaner future
For personal use only Delivering materials for a cleaner future 1. Discovering and developing an ionic adsorption clay Exploration Development Technology rare earth project in northern Tasmania 2. Establishing a plant to produce hydrogen fluoride and aluminium fluoride from recycled industrial waste
Slide 5: Board of Directors
Board of Directors Hon Paul Lennon AO (Chair) Dr Mark Cooksey (Managing Director and CEO) For personal use only • Premier of Tasmania 2004-2008 • More than 20 years with Rio Tinto and CSIRO • Deputy Premier and Minister for • Worked closely with aluminium and other metal Infrastructure, Energy & Res
Slide 6: Permanent magnets
Permanent magnets Super Magnets • Essential for electric vehicles and wind turbines For personal use only • Represent over 90% of value of rare earths consumption • Forecast to grow at 7% per year to 2040 %market %market volume value Nd Pr 9% Neodymium Praseodymium Smart Electric e.g. catalysts, gla
Slide 7: Ionic adsorption clay (IAC) rare earth deposits
Ionic adsorption clay (IAC) rare earth deposits • Currently only mined in southern China • Less complex processing: lower costs and shorter time to production For personal use only • Contain much higher proportion of higher value, heavy rare earths Hard rock: Mount Weld (Lynas) Ionic clay: Deep Lead
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 • Deep Leads and Rubble Mound have Wind Break highest reported extractions from any REE clay-hosted REE prospect in Australia: they are ionic adsorption clays1 Deep 52km Leads
Slide 9: Rare Earths Resource Estimate
Rare Earths Resource Estimate • Announced 8 May 20233 For personal use only • Five-fold increase since maiden estimate in November 20224 Size Cut-off (ppm Mean TREO Mean TREO- TREO-CeO2) (ppm) CeO2 (ppm) 21 Mt 250 770 585 Holes Metres Metres Thickness drilled drilled (m) assayed (m) (m) 635 6,224 2,
Slide 10: Not all clays are created equal: pH is king
Not all clays are created equal pH is king • Deposits A and B are hypothetical (same grade) For personal use only • Processing cost increases significantly as pH decreases • Acid consumption • Impurity removal Permanent magnet REO = Pr6O11 + Nd2O3 + Tb4O7 + Dy2O3 Source: ABX ASX release, 2 February
Slide 11: Not all clays are created equal: pH is king
Not all clays are created equal pH is king For personal use only • Costs and product prices based on published data, but are only indicative • As pH decreases, higher reagent costs can easily outweigh higher extractions • There is a threshold pH below which the production cost is likely to be higher
Slide 12: Not all clays are created equal: desorbable grade
Not all clays are created equal ‘Desorbable grade’ varies enormously For personal use only • If only consider extraction at pH 4 (‘desorbable grade’), then deposits are very different Permanent magnet REO = Pr6O11 + Nd2O3 + Tb4O7 + Dy2O3 11
Slide 13: ABx rare earths strategy
ABx rare earths strategy Strategy For personal use only • Rapidly develop low-cost production of mixed rare earth carbonate • Operate only where welcomed 2023 Plan • Further investigations of metallurgical processing steps and conditions • Estimate CAPEX and OPEX • Deepen engagement with potential c
Slide 14: ABx Group Limited contact details
For personal use only ABx Group Limited L5 52 Phillip Street Sydney 2000 Australia Phone: +61 2 9251 7177 E: corporate@abxgroup.com.au Julie Young Marketing & Investor Relations Manager E: jyoung@abxgroup.com.au
ABx Group — RIU Sydney Resources Round-up Conference 2023 on 6ix