Lynas Rare Earths Limited · ASX:LYC

Lynas Rare Earths — CLSA Exploration Access Day (June 2022)

16 slides from Lynas Rare Earths's conference presentation, Jun 3, 2022

  1. Slide 1: Lynas Rare Earths Limited CLSA Exploration Access Day

    For personal use only Lynas Rare Earths Limited CLSA Exploration Access Day 2 June 2022

  2. Slide 2: Disclaimer

    Disclaimer For personal use only 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 an

  3. Slide 3: Mt Weld – our Tier 1 high grade, long life Rare Earth deposit

    For personal use only Mt Weld – our Tier 1 high grade, long life Rare Earth deposit 3

  4. Slide 4: Where are we?

    For personal use only Where are we? 4

  5. Slide 5: First systemic drilling of our Mt Weld rare earth deposit in 1981

    First systemic drilling of our Mt Weld rare earth For personal use only deposit in 1981 Historic photos of Mt Weld drilling 5

  6. Slide 6: Lynas' Mt Weld deposit sits within a billion-year-old volcanic pipe

    Lynas’ Mt Weld deposit sits within a 2 billion-year- For personal use only old volcanic pipe 6

  7. Slide 7: Lynas' Mt Weld deposit

    Lynas’ Mt Weld deposit For personal use only Mt Weld Carbonatite discovered in 1966 from aeromagnetic survey. Initially explored (Utah, CSBP) as a phosphate resource. Exploration of RE potential from 1981 (Utah, Carr-Boyd Minerals, Ashton Mining/ Anaconda Nickel, and then Lynas Corporation) Lynas ob

  8. Slide 8: August 2018: Mt Weld Mineral Resource – 70% increase in contained REO

    August 2018: Mt Weld Mineral Resource – 70% For personal use only increase in contained REO Transition and Fresh rock hosted mineralisation included in inferred category. Measured Indicated Inferred Total Total Type Tonnes TREO Tonnes TREO Tonnes TREO Tonnes TREO TREO Mt % Mt % Mt % Mt kt LI, CZ & M

  9. Slide 9: August 2018: Mt Weld Mineral Resource – 70% increase in contained REO

    August 2018: Mt Weld Mineral Resource – 70% For personal use only increase in contained REO 1. Depth Extension is ~half of the increase in contained REO • Three REO mineralogical layers of economic significance: • Li (iron oxide, monazite) • CZ (monazite, goethite) • AP (apatite, monazite, iron oxid

  10. Slide 10: August 2018: Mt Weld Mineral Resource – 70% increase in contained REO

    August 2018: Mt Weld Mineral Resource – 70% For personal use only increase in contained REO 2. Duncan – East of Dyke & Halo is ~quarter of increase in contained REO • Central Lanthanide deposit (CLD) and Duncan deposit are now part of the same rare earth mineralised system. • Duncan - halo of HRE ar

  11. Slide 11: August 2018: Mt Weld Mineral Resource – 70% increase in contained REO

    August 2018: Mt Weld Mineral Resource – 70% For personal use only increase in contained REO 3. Block Model Extension (North & West) is ~quarter of increase in contained REO • Inclusion of material surrounding high grade core. • The 2018 block model is significantly larger in all resource categories

  12. Slide 12: March 2022: Drilling Confirms Continuous Rare Earth Mineralisation

    March 2022: Drilling Confirms Continuous Rare For personal use only Earth Mineralisation 12

  13. Slide 13: March 2022: Drilling Confirms Continuous Rare Earth Mineralisation

    March 2022: Drilling Confirms Continuous Rare For personal use only Earth Mineralisation Brick red coloured coarse grained disseminated REE minerals at 748m depth- High contrast BSE image of blocky parasite (grey) with an overprint of fine- ankerite carbonatite host rock. The sample grained rods of

  14. Slide 14: Lynas 2025 growth plan to meet accelerating market demand

    Lynas 2025 growth plan to meet accelerating market For personal use only 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

  15. Slide 15: Visit us at LynasRareEarths.com

    For personal use only Visit us at LynasRareEarths.com 15

  16. Slide 16: Appendix A: JORC Compliance and Competent Person's Statement

    Appendix A: JORC Compliance and Competent For personal use only 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 E

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