American Rare Earths Ltd · ASX:ARR
American Rare Earths — Ord Minnett East Coast Mining Conference 2023
31 slides from American Rare Earths's conference presentation, Mar 21, 2023
Slide 1: Investor Presentation - 2023 Ord Minnett East Coast Mining Conference
21 March 2023 For personal use only Investor Presentation - 2023 Ord Minnett East Coast Mining Conference Mr Chris Gibbs, CEO and Managing Director, will brief analysts and investors on Thursday 23 March 2023 during the Ord Minnett East Coast Mining Conference. A copy of the Company’s presentation i
Slide 2: American Rare Earths - Ord Minnett East Coast Mining Conference
For personal use only American Rare Earths (ASX: ARR; OTC: ARRNF; FSE: 1BH) Ord Minnett East Coast Mining Conference March 2023
Slide 3: Disclaimers and forward looking statements
Disclaimers and forward looking statements Disclaimers Competent Person Statement For personal use only This presentation contains forward-looking statements that involve subjective judgement and The information in this report that relates to Exploration Results is based on information analysis and
Slide 4: Compelling story
Compelling story American Rare Earths is in the right place, at the right time, and with the right commodities. For personal use only • Two world-scale projects in mining friendly jurisdictions − the massive Halleck Creek Project in Wyoming and its Arizona counterpart, La Paz. • Environmentally and
Slide 5: Our vision and mission
For personal use only Our vision is to create significant shareholder value by being a leading and sustainable supplier of rare earths Our mission is to supply rare earths for renewable energy, green technology, a sustainable economy, national security and a carbon reduced future
Slide 6: Key areas of focus to create substantial shareholder value
Key areas of focus to create substantial shareholder value For personal use only Expanding high value resources, including two of the potentially largest rare earths projects in the US Collaborating with leading R&D projects part of the US Government push to build domestic supply Exploring and devel
Slide 7: Ownership Structure
Ownership Structure Corporate American Rare Earths Limited (Australia) information For personal use only (ASX: ARR; OTCQB: ARRNF; FSE: 1BH) Western Rare Earths Inc USA Wyoming Rare (USA) Inc (Project Searchlight) (Project Halleck Creek) Offices La Paz Rare Earth LLC, USA Sydney Suite 706, 89 York St
Slide 8: Our Trajectory
For personal use only Our Trajectory
Slide 9: Our pathway to becoming a leading supplier of critical minerals
Our pathway to becoming a leading supplier of critical minerals for a sustainable future For personal use only Exploration Define Finished Products resources and Be a leading supplier of reserves Production rare earths for a range of Purify and technologically advanced separate rare products vital t
Slide 10: Our Key Projects
For personal use only Our Key Projects
Slide 11: Key sites
Key sites Halleck Creek, WY 1 2 La Paz, AZ For personal use only • Exploration Target of 1.01 to 1.27 billion tonnes • JORC resource of 170 million tonnes • High value magnetic metals (NdPr) • Exploration target of 742 to 928 million • JORC Resource Drilling Completed Dec 2022 tonnes • Significant J
Slide 12: Halleck Creek, Wyoming
For personal use only Halleck Creek, Wyoming
Slide 13: Halleck Creek District
Halleck Creek District For personal use only • Potentially the largest North American rare earths deposit • Recently expanded district to 8,165 acres over seven zones • Existing Exploration Target of 1.01 to 1.27 billion tonnes with significant upside • Recent drilling shows mineralisation to depths
Slide 14: Significant JORC in the pipeline
Significant JORC in the pipeline • 38-hole, 5,726m drilled with 3,817 samples For personal use only collected to analysis. • Final assays received confirm rare earth mineralisation at both the Red Mountain and Overton Mountain areas • Surface grades from previous sampling shown now to be consistent
Slide 15: Red Mountain Cross Sections
For personal use only Red Mountain Cross Section A-A Red Mountain Cross Section B-B 14 AMERICAN RARE EARTHS | MARCH 2023
Slide 16: Overton Mountain Cross Sections
For personal use only Overton Mountain Cross Section C-C Overton Mountain Cross Section D-D 15 AMERICAN RARE EARTHS | MARCH 2023
Slide 17: Outstanding mineralogy results
Outstanding mineralogy results • The mineralogy test work determined REM Association − REE Feed For personal use only that rich allanite is the primary rare earth Liberation of Rare Earth Minerals by Size Fraction element bearing mineral at the project Mass (% REM) • The average grain size of the ob
Slide 18: Metallurgical test results
Metallurgical test results • Initial round of metallurgical results on the core For personal use only material are very positive • Halleck Creek was rated in the lowest 14th Conceptual Flowsheet – Halleck Creek percentile for ore strength • The Bond abrasion index test returned a value of 0.24, belo
Slide 19: La Paz, Arizona
For personal use only La Paz, Arizona
Slide 20: La Paz REE and Scandium Project
La Paz REE and Scandium Project • 170.6 million tonnes JORC compliant resource For personal use only • Exploration Target 742-928 million tonnes • Exploration Licenses across 7,506 acres with 33 Claims • Recovery rates of up to 66.4% TREO and 71.5% Scandium achieved • Near-surface resource • Negligi
Slide 21: Resource upside
Resource upside Multiple opportunities to substantially increase the JORC For personal use only Resources at La Paz: Scope • Current Resource estimate encompass only 10.2% of project area • Maiden Resource area open laterally and at depth Quality • Plan to increase Indicated portion of existing JORC
Slide 22: Upcoming activity
For personal use only Upcoming activity
Slide 23: Upcoming activity
Upcoming activity With a portfolio of rare earths assets, we are anticipating frequent activity this year and beyond For personal use only Operational Activity Q1 CY23 Q2 CY23 Q3 CY23 Q4 CY23 Q1 CY24 Halleck Creek Assay Results & Analysis Maiden JORC Resource Estimate Metallurgy Testing Preliminary
Slide 24: Collaborating with US funded R&D projects
Collaborating with US funded R&D projects We are proud to partner with leading researchers at: For personal use only US Department of Defense Advanced US Department of Energy Critical Materials Research Projects Agency’s EMBER program Institute (CMI) 23 AMERICAN RARE EARTHS | MARCH 2023 ASX: ARR OTC
Slide 25: Contact us
For personal use only Contact us www.AmericanRareEarths.com.au Chris Gibbs Managing Director info@AmericanRareEarths.com.au
Slide 26: Management & Executive Directors
Management & Executive Directors Chris Gibbs − Managing Director and Chief Executive Officer For personal use only Chris has over 28 Years experience in the resource sector within Australia, Canada, USA, South America, Africa and Europe. He is an innovative leader with a proven track record for impl
Slide 27: Our Board
Our Board Creagh O'Connor − Chairman For personal use only Creagh has approximately 40 years experience as a chief executive and board member for public and private companies. During this time, he has been involved in managing Australian and international oil, gas and mineral projects. Geoffrey Hill
Slide 28: End uses of magnet rare earths (NdPr)
End uses of magnet rare earths (NdPr) Permanent magnets for electric vehicles, offshore wind turbines, consumer electronics and national defence For personal use only 27 AMERICAN RARE EARTHS | MARCH 2023 ASX: ARR OTCQB: ARRNF
Slide 29: Rare earths are a hot topic
Rare earths are a hot topic For personal use only 28 AMERICAN RARE EARTHS | MARCH 2023 ASX: ARR OTCQB: ARRNF
Slide 30: Supply constraints and geopolitics
Supply constraints and geopolitics China mines 58% of rare earths but processes 85% at a time For personal use only of rising geopolitical tensions. Documented production only, some estimations * Estimated Source: United States Geological Survey 29 AMERICAN RARE EARTHS | MARCH 2023 ASX: ARR OTCQB: A
Slide 31: US focus on supply chain security
US focus on supply chain security The rare earths market’s unique situation − enormous demand pull alongside US Government support For personal use only Team Partnershi ps Projects With its strong US presence American Rare Earths is well poised to be at forefront of transformation in the critical mi
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