Lynas Rare Earths Limited · ASX:LYC
Lynas Rare Earths — H1 2022 Earnings Presentation
16 slides from Lynas Rare Earths's earnings presentation, Feb 25, 2022
Slide 1: Lynas Rare Earths 1H 22 Results Presentation
Lynas Rare Earths Limited 1H 22 Results Presentation 25 February 2022
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Lynas Rare Earths Limited (ABN 27 009 066 648) (Lynas looking statements including projections, guidance on future earnings and estimates are provided or the Company) this presentation contains summary information about Lynas and its subsidiaries as
Slide 3: 1H 22 financial highlights
1H 22 financial highlights You will need to Record Profit Record Sales $156.9M $314.8M 1H 21 NPAT: $40.6M 1H 21 : $202.5M EBITDA Cash and Short Term Deposits $189.8M $674.2M 1H 21: $80.6M 1H 21: $512.6M 3
Slide 4: 1H 22 operational highlights
1H 22 operational highlights 7,375t 2,614t Total REO NdPr production production 1H 21: 7,520 tonnes 1H 21: 2,709 tonnes $48.6 $117.7m Average selling price Capital commitments per kg REO at 31 December 1H 21: $23.7/kg 30 June 2021: $82.5m 4
Slide 5: 1H 22 ESG highlights
1H 22 ESG highlights Over 99% of employees have 24.5% women received two doses senior executives at 31 December of COVID-19 vaccination and boosters underway 21.5% women employees at 31 December GHG Policy Environmental released approval obtained for Kalgoorlie project & Science Based Malaysian PDF
Slide 6: Favourable market dynamics
Favourable market dynamics Demand for rare earths continues to accelerate • Continued strong demand for rare earths is reflected in market Global sales and sales market share of electric cars, 2010-2021 Source: IEA, 30 January 2022 pricing • China MITI announced Rare Earths Mining and Separation Quo
Slide 7: Lynas Malaysia successfully managed pandemic-related challenges
Lynas Malaysia successfully managed pandemic-related challenges • Continued focus on operational excellence • Ongoing maintenance and productivity improvements • New logistics solutions implemented including use of charter ships to support ongoing excellent production performance Mt Weld progressed
Slide 8: Lynas 2025 growth plan to meet accelerating market demand
Lynas 2025 growth plan to meet accelerating market demand Malaysia United States Establish RE processing platform for Lynas Malaysia: Over 8 years of operation in LRE/HRE separation & specialty materials Gebeng, Malaysia Initial contracts for financial support signed Efficient Cracking & Leaching, S
Slide 9: Kalgoorlie Rare Earths Processing Facility
Kalgoorlie Rare Earths Processing Facility Project details: 1H 22 construction highlights: $500m capital project • All project approvals have now been received and construction activities have accelerated Operational by July 2023 • Preliminary site works well advanced • 3 Kiln shell sections deliver
Slide 10: Construction progressing on Kalgoorlie site
Construction progressing on Kalgoorlie site Noise Process wall Site structure water tank clearing Primary leach 10
Slide 11: Our ESG framework guides our actions
Our ESG framework guides our actions 11
Slide 12: Enhancing our COVID-19 response for Omicron
Enhancing our COVID-19 response for Omicron Enhanced protocols to protect the health of our people, their families and our communities and to minimise business disruptions This includes: • Surveillance testing in WA & Malaysia • Contact tracing • Mask wearing • Promoting personal hygiene • Cleaning
Slide 13: Making a positive contribution to our communities
Making a positive contribution to our communities Malaysia • Supporting community members affected by the COVID-19 pandemic and extreme weather events including delivering groceries to staff, local families and students • Ongoing support for local schools including technology donations • Support for
Slide 14: Our focus in 2022
Our focus in 2022 Enhancing Accelerating Delivering - Operational Growth Financial performance performance Innovation - Resource ESG outcomes Organisation development capability Community benefits - Industrial footprint 14
Slide 15: Visit us at LynasRareEarths.com
Visit us at LynasRareEarths.com 15
Slide 16: Appendix A: JORC Compliance and Competent Person's Statement
Appendix A: JORC Compliance and Competent Person’s Statement Exploration Results The information in this report that relates to the Exploration Results is based on information compiled by Dr Sadangaya Ganesh Bhat. Dr Sadangaya Ganesh Bhat is a full-time employee of Lynas Rare Earths. Dr Sadangaya Ga