Lynas Rare Earths Limited · ASX:LYC
Lynas Rare Earths — Diggers & Dealers Mining Forum 2020
18 slides from Lynas Rare Earths's conference presentation, Oct 14, 2020
Slide 1: Diggers & Dealers Mining Forum
For personal use only LYNAS CORPORATION Diggers & Dealers Mining Forum 14 October 2020 1
Slide 2: Disclaimer
Disclaimer For personal use only This Presentation has been prepared by Lynas Corporation Limited (ABN 27 009 066 648) (Lynas or financial position and performance are also forward-looking statements. Forward-looking statements, the Company) This Presentation contains summary information about Lynas
Slide 3: Our value begins with our Tier 1 high grade, long life Rare Earth deposit at Mt Weld
Our value begins with our Tier 1 high grade, long life Rare Earth deposit at Mt Weld For personal use only 3
Slide 4: World's 2nd largest producer of separated Rare Earth materials
World’s 2nd largest producer of separated Rare Earth materials Malaysia United States For personal use only Lynas signed contract with U.S. Dept of Defense in July 2020 for detailed design of Lynas Malaysia: A dynamic operation in a Heavy Rare Earths Separation Facility Gebeng, Malaysia with Crackin
Slide 5: Recent equity raising is enabling an exciting transformation
Recent equity raising is enabling an exciting transformation • Successfully completed fully underwritten Placement, Institutional Entitlement Offer and Retail Entitlement For personal use only Offer to raise ~$425m to fund: Equity Raising – Planned Kalgoorlie Rare Earths Processing Facility to produ
Slide 6: Our Malaysian processing facility has been producing Rare Earth materials since 2012
Our Malaysian processing facility has been producing Rare Earth materials since 2012 For personal use only We are building a new Cracking & Leaching plant in Kalgoorlie 17 6
Slide 7: Why Kalgoorlie?
Why Kalgoorlie? Infrastructure En route Mt Weld Availability to Fremantle For personal use only water, transport, Rail to container gas, power, port chemicals By-Product Community Residential Management Support Workforce Options CKB welcomed Liveable Community Lynas • Industrial Land, Water • Local
Slide 8: Downstream processing in Australia presents unique challenges
Downstream processing in Australia presents unique challenges For personal use only Hasn’t been done here before • Lynas can access skilled capability from existing operations Higher Capital Costs • Design can mitigate cost penalties Many input costs are higher; the Tyranny of Distance is still chal
Slide 9: Lynas Kalgoorlie – Our Approach
Lynas Kalgoorlie – Our Approach Understanding the project For personal use only • Based on proven Lynas process with improvements. Designed by in-house experts. Economies of Scale • Simplified and reduced scope with single kiln line Owner Builder • In-house process design. Direct procurement about 6
Slide 10: Kalgoorlie Rare Earth Processing Facility
• Sub-lease from CKB Kalgoorlie Rare Earth Processing Facility industrial zoned site A foundation capital project for the Lynas 2025 growth plan • DAWE – Not a Controlled For personal use only Action under the EPBC Act • Engagement with WA agencies on approvals • Order placed (~A$21.6m) for rotary k
Slide 11: Coming through COVID-19 in good shape
For personal use only Coming through COVID-19 in good shape • Lynas entered the COVID-19 pandemic in robust financial shape • Both sites rapidly implemented safety and health best practices in March 2020 • Operations restarted in May 2020 and ramped up to 75% of the Lynas NEXT production rates in Ju
Slide 12: Wind energy industry continuing to grow
For personal use only Wind energy industry continuing to grow • Renewable energy has proven to be more resilient than other parts of the energy sector • Wind industry forecast to achieve year on year growth in 2020 • We continue to see sustained demand for NdPr from the wind power industry Expect lo
Slide 13: Car electrification growing faster than expected
For personal use only Car electrification growing faster than expected • Global sales down overall but performance varies by geography and vehicle type • Strong growth in European EV sales - forecasts of year on year growth • Based on customer feedback, car electrification is growing faster than exp
Slide 14: Increasing focus on resilient critical minerals supply chains
Increasing focus on resilient critical minerals supply chains For personal use only 14
Slide 15: Progressing our plans to produce separated Heavy Rare Earths
Progressing our plans to produce separated Heavy Rare Earths For personal use only Mt Weld, WA: Detailed planning & design in Market: Strong appetite for Maximising our Heavy Rare Process design finalized progress separated HREs outside China Earths FY2020 Progress • HRE Process design led by • Stro
Slide 16: Meeting our customers' needs for sustainably produced Rare Earths
Meeting our customers’ needs for sustainably produced Rare Earths For personal use only Lynas Rare Earth materials are used in industries where environmental provenance and sustainability matter 16
Slide 17: Visit our Investor Centre
For personal use only Visit our Investor Centre at: www.lynascorp.com 17
Slide 18: Appendix A: JORC Compliance
Appendix A: JORC Compliance For personal use only The information in this presentation is extracted from the report entitled Lynas Corporation 2020 Annual Report created on (October 6 2020) and is available to view on (https://www.lynascorp.com/wp-content/uploads/2020/10/LYC_AR20-30Sep20- LODGE-2122
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