Slide 1: Lindian Resources: Guinea Bauxite and Kangankunde Rare Earths
LINDIAN RESOURCES LTD. Guinea BAUXITE PROJECTS Near-term commercial potential Malawi KANGANKUNDE RARE EARTH DEPOSIT of global significance Africa Down Under | 31 Aug - 2 Sept 2022 | ASX:LIN
Slide 2: Disclaimer
DISCLAIMER The material in this presentation has been prepared by Lindian Resources Limited (“Company”). For personal use only This presentation may not be reproduced, redistributed or passed on, directly or indirectly, to any other person, or published, in whole or in part, for any purpose without
Slide 3: Corporate Overview
CORPORATE OVERVIEW Company ASX Code LIN • Tanzanian born Australian entrepreneur Asimwe • The visionary behind the company’s strategy For personal use only Share Price1 AUD$0.27 Kabunga • Major shareholder Chairman • Commercially astute and strategic investor Ordinary Shares on Issue ~848M Performan
Slide 4: Jurisdiction Summary
JURISDICTION SUMMARY For personal use only Guinea • National population of 13.5M people (Capital City: Conakry, population ~2M) • ~25 billion tonnes of bauxite resources = half of the worlds’ resources , plus ~4 billion tonnes of iron ore, gold, and diamonds • Iron ore in the Pilbara is to Australia
Slide 5: Guinea: Lindian's Billion Tonne Resource
GUINEA: LINDIAN’S 1 BILLION TONNE RESOURCE For personal use only Gaoual Project 101.5MT resource – conglomerate upgradable from 49.8% to ~60% Al203 & 2.1% Si02 Lelouma Project 900MT resource ~45% Al203 & 2.1% Si02 Woula Project 19MT resource ~41.7% Al203 & 3.2% Si02 Infrastructure in place for simpl
Slide 6: Guinea: Lindian's World-Class Bauxite
GUINEA: LINDIAN’S WORLD-CLASS BAUXITE For personal use only GUINEA IS TO BAUXITE WHAT IRON ORE IS TO THE PILBARA • From 2021 to 2025 Guinea is expected to increase its bauxite supply by 6.5% to over 100 MT6 • Guinea represents approximately 95% of the total bauxite exports from Africa • Other Africa
Slide 7: Bauxite Development Strategy
BAUXITE DEVELOPMENT STRATEGY Short term & mid term For personal use only • The Woula project positioned to be a low Capex, early production asset. ~10km from an existing haul road connecting to the bauxite export terminal of Katougouma (image right) • A High-Grade Conglomerate located approximately
Slide 8: Kangankunde: An Undeveloped Rare Earth Project of Global Significance
KANGANKUNDE: AN UNDEVELOPED RARE EARTH PROJECT OF GLOBAL SIGNIFICANCE For personal use only A major resource in potential, size, grade and quality tenured to granted Mining Licence (ML0290) A carbonatite intrusive with high-grade Rare Earth Oxide (REO) grades 1.4% to 23.7% Well understood asset supp
Slide 9: Malawi: Kangankunde Rare Earths Project
MALAWI: KANGANKUNDE Rare Earths Project • A carbonate intrusive that rises to 200m – Mineralisation is continuous for up to 700m along strike & 50m to 100m wide For personal use only • A central zone of carbonatite rocks with concentric zones of agglomerate, breccia, altered/unaltered gneiss • Refer
Slide 10: Favourable Transaction Terms
FAVOURABLE TRANSACTION TERMS For personal use only • Acquisition of 100% interest in the globally significant Kangankunde Rare Earths Project located in Malawi, now only subject to shareholder approval in September 2022 • Lindian is acquiring Kangankunde for US$30 million payable in four tranches ov
Slide 11: Kangankunde Connected to Infrastructure
KANGANKUNDE CONNECTED TO INFRASTRUCTURE For personal use only Located in southern Malawi 90km north of Blantyre, Malawi’s centre of finance and commerce Situated 9km from the Nacala corridor railway line to the port of Nacala, Mozambique 4km from M1 and (hydroelectric) high voltage power and access
Slide 12: Neodymium Praseodymium (NdPr)
NEODYMIUM PRASEODYMIUM (NdPr) • NdPr oxide is used for the manufacturing of high strength Neodymium Iron Boron (NdFeb) permanent magnets – end-users include: For personal use only EV/Hybrid motors, Wind turbines/power Smart phones and Robotics & Medical e-bikes energy generation personal devices app
Slide 13: NdPr Supply and Demand Balance
NdPr SUPPLY AND DEMAND BALANCE ESTIMATED DEFICIT OF NdPr COMMENCING 2021 AND INCREASING TO ~20,000 tpa IN 2025 For personal use only Source: US Geological Survey, Company filings, UBS research - https://globalreesventure.com/rare-earth-element-industry/ubs-report-confirms-2021-ndpr-shortfall-shortag
Slide 14: Multiple Near Term Value Drivers
MULTIPLE NEAR TERM VALUE DRIVERS Q4 2022 Q2 2023 Q4 2023 For personal use only Kangankunde Kangankunde Kangankunde • Community Engagement • Recommence drill program • Mineral Resource Statement • General survey works • Major metallurgical works • Strategic direction for • Drilling program • Geotechn
Slide 15: Contact
For personal use only CONTACT Level 24, 108 St Georges Terrace Perth WA 6000 +61 8 6557 8838 A Growth Company www.lindianresources.com.au
Slide 16: Competent Persons Statement + Cautionary Statement
COMPETENT PERSONS STATEMENT + CAUTIONARY STATEMENT For personal use only Kangankunde Rare Earths Project The information in this report that relates to the Kangankunde Project is based on information compiled from Government data and published geological reports and papers reviewed by Mr. Alistair S