Slide 1: H1 2018 Results
For personal use only LYNAS CORPORATION H1 2018 Results 5 March 2018 1
Slide 2: Disclaimer
Disclaimer For personal use only This Presentation has been prepared by Lynas Corporation Limited (ABN 27 009 066 648) (Lynas or financial position and performance are also forward-looking statements. Forward-looking statements, the Company) This Presentation contains summary information about Lynas
Slide 3: Half Year Results Highlights
Half Year Results Highlights For personal use only ▪ Record Profit from operating activities ▪ Revenue growth of 75% to $200.9m (H1 2017: $114.6m) ▪ Total REO production growth of 17% to 8,839 tonnes (H12017: 7,579 Record profit tonnes) • NdPr production up by 6% EBIT $63m • Significant improvements
Slide 4: Strong Profit Dynamic
Strong Profit Dynamic Profit & Loss Statement For personal use only For the half year ended December 31, December 31, In AUD Million (m) Restated 2016* 2017 Variance Revenue 114.6 200.9 86.3 Cost of sales -117.5 -117.8 -0.3 Gross profit / (loss) -2.9 83.1 86.0 General and administration expenses -15
Slide 5: Increased production and sales volumes
Increased production and sales volumes Total Operating Costs vs Production Sales Revenue (A#039;m) For personal use only (excl. restructuring costs, STI & employee share based payment) 250 10,000 140 Sales Revenue (Gross) 9,000 120 200 8,000 7,000 100 150 A#039;m 6,000 A#039;mil 80 REOt 5,000 100 4,000 60 3,
Slide 6: Improved cash flow
Improved cash flow For personal use only Cash Flow Production Volume (excl. AELB payment) 10,000 100 8,839 9,000 7,577 80 8,000 7,000 6,337 60 A#039;mil 6,000 REOt 40 5,000 4,221 4,000 20 3,000 0 2,000 HY15 HY16 HY17 HY18 1,000 2,507 2,665 1,905 -20 987 0 HY15 HY16 HY17 HY18 -40 NdPr (RTS) Others (RTS)
Slide 7: Reduced Group debts
Reduced Group debts For personal use only Debt Reduced Debt Reduced Outstanding 31/12/16 Outstanding 31/12/17 during 2017 during 2018 to date JARE Facility (1) US$ 200,000,000 US$ 170,000,000 US$ 30m - Convertible Bonds (2) US$ 225,000,000 US$ 86,500,000 US$ 138.5m US$ 20.0m Cash received by Cash re
Slide 8: Lynas NEXT: Investing in our future
Lynas NEXT: Investing in our future For personal use only Increase the Deliver better returns Strengthen and de- Continue to drive Contribute to total reliability and on total Rare Earths risk the business total cost down market growth production of our processed through improving - Process efficien
Slide 9: Lynas: Leading the market in sustainability
Lynas: Leading the market in sustainability For personal use only Resource Optimisation Best Practice Delivering to Ongoing Community & Water Management Environmental customer needs engagement strategies Lynas has, and continues Lynas prioritises the safety Lynas is supporting Lynas runs long and sh