Lynas Rare Earths Limited · ASX:LYC
Lynas Rare Earths — Bell Potter Unearthed Conference (February 2024)
17 slides from Lynas Rare Earths's conference presentation, Feb 15, 2024
Slide 1: Lynas Rare Earths Limited – Bell Potter Unearthed Conference
For personal use only Lynas Rare Earths Limited Bell Potter Unearthed Conference 15 February 2024
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Lynas Rare Earths Limited (ABN 27 009 066 648) (Lynas as a general guide only and should not be relied upon as an indication or guarantee of future or the Company) this presentation contains summary information about Lynas and its subsidiaries perfor
Slide 3: Acknowledgement of Country
Acknowledgement You will need to of Country For personal use only 1. 2. Lynas xx Rare Earths acknowledges the Traditional Owners of the lands on which we live, work and meet, across Australia. We acknowledge and value Lynas’ Aboriginal and Torres Strait Islander employees, partners and communities a
Slide 4: Operational highlights – December 2023 quarter
Operational highlights December 2023 quarter • First feed of material from Mt Weld introduced For personal use only into the Kalgoorlie Facility • Temporary shutdown at Lynas Malaysia for significant upgrade works • NdPr production capacity to increase to approximately 10,500 tonnes a year by Decemb
Slide 5: Financial highlights – December 2023 quarter
Financial highlights December 2023 quarter Sales Receipts Sales Revenue For personal use only $107.1m $112.5m Q2 FY23: $168.4M Q2 FY23: $232.7M Cash Payments For Cash and Short Term Capex, Exploration Deposits & Development $182.2m $686.1m Q2 FY23: $141.9M Q2 FY23: $934.2M 55
Slide 6: Our GHG emission reduction action plan
Our GHG emission reduction action plan Target: Net Zero GHG emissions by 2050 For personal use only GHG reduction initiatives Contract signed for solar panels at Lynas Pilot underway for state-of-the-art Early works contract awarded for gas Malaysia chemical recycling system targeting a firmed hybri
Slide 7: Meeting market needs for Rare Earths
Meeting market needs for Rare Earths For personal use only 2023 = 45% higher NdPr demand than 2019 (pre-COVID) Modest growth in 2023 mainly due to China’s economic situation Growth expected to accelerate until 2030 7
Slide 8: Mt Weld operations - 2023 highlights
Mt Weld operations - 2023 highlights For personal use only Record annual Mining campaign 4 165 reverse circulation 30 diamond drill holes concentrate production completed in FY23 holes drilled (31,754m) (8,000m) in FY23 to 200 metres below surface & targeting the area below and below life of mine pi
Slide 9: Mt Weld Exploration Program successfully completed
Mt Weld Exploration Program successfully completed • Drilling has confirmed extensive Rare Earth Element mineralisation below and surrounding the current mine pit floor For personal use only • Enhanced our understanding of the Mt Weld Carbonatite Carbonatite Boundary • The fresh carbonatite has the
Slide 10: Lynas Malaysia operations - 2023 highlights
Lynas Malaysia operations - 2023 highlights For personal use only Record NdPr production January – June 2023 3-year operating licence renewed to 2 March 2026 MREC receival facilities constructed & commissioned Capacity uplift works completed Dec 2023 to progressively increase separation capacity to
Slide 11: Growing scale and increasing capacity to meet forecast demand growth
Growing scale and increasing capacity to meet forecast demand growth Texas, U.S. For personal use only Malaysia Facility Separation & finishing Facility Processing & separation Product LRE, HRE Product LRE, SEG Planned project Operational (expansion in Status (2025 – 2026 expected start Status up) p
Slide 12: Kalgoorlie Rare Earths Processing Facility project update
Kalgoorlie Rare Earths Processing Facility project update For personal use only First feed of material from Mt Nameplate production capacity Mixed Rare Earth Carbonate is Weld introduced in December increased to approx. 9,000tpa* expected to be progressively 2023 introduced to Lynas Malaysia Up from
Slide 13: Mt Weld capacity expansion project update
Mt Weld capacity expansion project update For personal use only Project schedule remains on WA Environmental Protection Negotiations for the Power track Authority (EPA) assessment Stage 1 early works: structural, mechanical Purchasing Agreement for the concluded and Ministerial and piping (SMP) work
Slide 14: U.S. Rare Earths Processing Facility project snapshot
U.S. Rare Earths Processing Facility project snapshot Co-located Heavy and Light Rare Earths Processing Facility in Seadrift, Texas For personal use only US$258 million approx. U.S. DoD grant funding for HRE plant and US$30 million matched grant funding from U.S. DoD for LRE plant 2,500-3,000tpa app
Slide 15: Building prosperity in our communities
Building prosperity in our communities For personal use only $600k 1st 88% $8.5m Reflect level local suppliers in invested in R&D in invested in community Reconciliation Action FY23 FY23 support and initiatives Plan (RAP) endorsed by in FY23 Reconciliation Australia $82.4m 98% 1102 paid in employee
Slide 16: Visit us at LynasRareEarths.com
For personal use only Visit us at LynasRareEarths.com 16
Slide 17: Appendix A: JORC Compliance and Competent Person's Statement
Appendix A: JORC Compliance and Competent Person’s Statement For personal use only 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 E
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