American Rare Earths Ltd · ASX:ARR
American Rare Earths — Investor Presentation (December 2024)
16 slides from American Rare Earths's investor presentation, Dec 11, 2024
Slide 1: American Rare Earths Updated Investor Presentation
American Rare Earths For personal use only “Right Time, Right Place, Right Commodity” Updated Investor Presentation November 2024 ARR has removed from the presentation reference to the average annual consumption of rare earths in the United States over the past five years as investors could view thi
Slide 2: Disclaimers and Forward-Looking Statements
Disclaimers and Forward-Looking Statements Disclaimers Competent Person Statement This presentation contains forward-looking statements that involve subjective This work was reviewed and approved for release by Mr Kelton Smith (Society of Mining Engineers #4227309RM) who is judgement and analysis an
Slide 3: Significant Progress in 2024
Significant Progress in 2024 American Rare Earths has delivered on its commitments Delivered in 2024 For personal use only 1 Delivered Halleck Creek Scoping Study – a potentially world class resource, 2.34B tonne JORC Resource 2 Confirmed non-binding EXIM Bank Letter of Interest – to fund up to US$4
Slide 4: Growing Market Awareness and Momentum
Growing Market Awareness and Momentum American Rare Earths has received strong support from shareholders and capital markets FY24 For personal use only +83% 4 AMERICAN RARE EARTHS | November 2024
Slide 5: American Made REEs
American Made REEs American Rare Earths is in the right place, at the right time, and with the right commodities For personal use only Largest domestically sourced REE project holds long term strategic importance for US US administration determined to promote domestic mining of REEs to secure supply
Slide 6: Creating Value – Leveraging A Diversified Asset Portfolio
Creating Value – Leveraging A Diversified Asset Portfolio American Rare Earths represents a diversified REE opportunity For personal use only Halleck Creek (through WRI) anticipated Project Portfolio to be a key portfolio value driver over time WRI is positioned to accelerate development of one of t
Slide 7: Corporate Snapshot and Board of Directors
Corporate Snapshot Board of Directors Share Price A$0.280 (market close 21-Oct-24) For personal use only Shares Outstanding 495.5 million Market Cap A$139 million Richard Hudson Sten L Gustafson Melissa Sanderson Cash on Hand (30-Sept-24) A$11.9 million Chairman Non-Executive Director Non-Executive
Slide 8: Urgent Need to Secure a Domestic Rare Earths Supply Chain
Urgent Need to Secure a Domestic Rare Earths Supply Chain Rare Earths is China dominated industry with minimal Western supply options China dominates the rare earths supply chain and is restricting Western access to resources. 1 For personal use only • • China’s rare earths industry is consolidated
Slide 9: A Potential Cornerstone U.S. Domestic Rare Earths Asset
A Potential Cornerstone U.S. Domestic Rare Earths Asset Halleck Creek could become a multi-generational rare earths asset for the United States, with the potential capacity to meet current domestic consumption levels for ~100 years 1 For personal use only Cowboy State Mine at • Wyoming Rare USA Inc.
Slide 10: Scoping Study Key Outcomes
Phase 1 Scoping Study Key Outcomes The Cowboy State Mine is a low-cost, scalable rare earths project with meaningful expansion potential % of Base Case RE Price NdPr Eq ($/kg) NPV10% ($m, Post-Tax) After Tax IRR (%) For personal use only 60% 54.60 70 12.0% 80% 72.80 249 16.8% Even at depressed NdPr
Slide 11: Significant Exploration Potential
Significant Exploration Potential The JORC resource alone could potentially support US consumption of rare earths for over 100 years 1. In addition, there is significant exploration upside beyond the current resource estimate. For personal use only % of Halleck Creek Surface Area1 Area A (Excl. B Ov
Slide 12: Clear Path to Permits
Clear Path to Permits The Cowboy State Mine has a strategic advantage of being on 100% Wyoming state land and minerals, which typically leads to faster permitting vs. projects which require Federal review and permits • Permitting mining projects on Federal lands are often meet with delays, For perso
Slide 13: Positioned for Growth
Positioned for Growth American Rare Earths is expected to deliver significant shareholder value over time For personal use only Halleck Creek represents a multi-generational opportunity to become the largest REE Project in North America Right structure, partnerships, people, and support to enable an
Slide 14: Near Term Catalysts and News Flow
Near Term Catalysts and News Flow ➢ Update resource models and mine planning For personal use only ➢ Progress state permitting and environmental baseline studies ➢ BMO Engagement – progress US based investment, funding and strategic opportunities ➢ Next phase of metallurgical test work ➢ Pre-Feasibi
Slide 15: Appendix A – breakdown of mineral resource estimates
Appendix A – breakdown of mineral resource estimates La Paz ASX announcement dated 3 August 2021 – Table 1 Classificatio Tonnage TREE TREE TREO TREO TREO (kg) n (tonnes) (ppm) (kg) Factor (ppm) For personal use only Indicated 35,161,600 382 13,448,019 1.2005 459 16,144,347 Inferred 135,433,800 393 5
Slide 16: Contact
Contact For personal use only American Rare Earths Limited ABN 83 003 453 503 89 York Street Level 7, Suite 706 Sydney NSW 2000 Australia P: +61 2 8054 9779 W: www.americanree.com Media and Investor enquiries Jane Morgan M: +61 (0) 405 555 618 E: jm@janemorganmanagement.com.au . Follow Us A black A
American Rare Earths — Investor Presentation (December 2024) on 6ix