Lynas Rare Earths Limited · ASX:LYC
Lynas Rare Earths — Corporate Update (December 2023)
22 slides from Lynas Rare Earths's corporate update, Dec 7, 2023
Slide 1: Proposed Seadrift rare earths processing facility
Proposed Seadrift rare earths processing facility Community Open House Calhoun County Library 7 December 2023
Slide 2: Safe & sustainable rare earths producer
Safe & sustainable rare earths producer 2
Slide 3: Introduction to Lynas
Introduction to Lynas • Ethical and environmentally responsible • High grade rare earths mine in Western Australia • Own & operate the world’s largest single rare earths separation plant in Malaysia • Lynas is the only significant producer of separated rare earth materials outside of China • Rare ea
Slide 4: Rare earths go into technologies we rely on everyday
Rare earths go Safe & Sustainable into technologies Producer we rely on everyday 4
Slide 5: Our Environmental, Social, Governance (ESG) Commitments
Our Environmental, Social, Governance (ESG) Commitments Safe & Sustainable People Communities Environment Producer • Over 1,100 people globally • Hire local • Climate Change Policy • Focus on safety, equity and • Buy local • Biodiversity focus diversity • Be active community member • Processing flow
Slide 6: Our GHG emission reduction action plan
Our GHG emission reduction action plan Safe & Sustainable Target: Net Zero GHG emissions by 2050 Producer 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
Slide 7: Efficient, low impact operations
Efficient, low impact operations MREC receiving facilities 7
Slide 8: Proposed Seadrift site
Proposed Seadrift site • 149-acre greenfield site in Seadrift purchased from The Dow Chemical company • Selected for proximity to a skilled workforce, potential customers, infrastructure and logistics • Large site allows for co-location of the integrated Heavy Rare Earths and Light Rare Earth separa
Slide 9: U.S. Rare Earths Processing Facility
U.S. Rare Earths Processing Facility Targeting production of: approx. 2,500-3,000 approx. 5,000 tonnes p.a. tonnes p.a. Light rare earth Heavy rare earth products products Including approx.1,250 tonnes p.a. of NdPr 9
Slide 10: U.S. Rare Earths Processing Facility
U.S. Rare Earths Processing Facility Supported by the U.S. Department of Defense (DoD): approx. $258 million $30 million matched grant DoD grant funding funding from DoD for light rare for heavy rare earth earth separation plant separation plant 10
Slide 11: U.S. Rare Earths Processing Facility
U.S. Rare Earths Processing Facility HRE contract sponsored by U.S. July 2025 – June 2026 Industrial Base Targeted to be Analysis and operational Sustainment (IBAS) program 11
Slide 12: U.S. Rare Earths Processing Facility project snapshot
U.S. Rare Earths Processing Facility project snapshot Efficient, low impact Co-located Heavy and Light Rare Earths Processing operations Facility in Seadrift, Texas 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
Slide 13: Efficient, low impact operations
Efficient, low impact operations Process area building 13
Slide 14: Solvent extraction process area
Efficient, low impact operations Solvent extraction process area 14
Slide 15: Seadrift feedstock sourced from the Lynas Mt Weld mine
Seadrift feedstock - sourced from the Lynas Mt Weld mine in Western Australia & pre-processed • The proposed Seadrift rare earths processing facility will undertake value added processing • Lynas is not mining in Texas • Feedstock from the Lynas mine in Western Australia will be pre-processed and Th
Slide 16: New Rare Earths Processing Facility in Kalgoorlie
Our new Rare Earths Processing Facility in Kalgoorlie, Western Australia will pre-process feedstock for Seadrift 1616 Photo: Kalgoorlie Rare Earths Processing Facility 14 November 2023
Slide 17: Rare earth processing in Seadrift
Rare earth processing in Seadrift Feedstock Feedstock Cracking & Mixed Rare Earth Mixed Heavy Product Cracking & from Lynas Solvent from Leaching Carbonate Rare Earth Finishing Extraction Leaching Western (C&L) Lynas (MREC) (SEG) (PF) (SX) (C&L) Australia Malaysia Seadrift rare earths Solvent Extrac
Slide 18: Growing scale and increasing capacity to meet forecast demand growth
Growing scale and increasing capacity to meet forecast demand growth Lynas USA Project: Targeting capacity to produce approx.5,000 Lynas tpa LRE products, Malaysia including approx. 1,250 capacity tpa of NdPr; and expansion: approx.2,500-3,000 tpa Targeting HRE products capacity of 10,500 tpa NdPr f
Slide 19: Leveraging expertise and investing in clean energy R&D
Leveraging expertise and investing in clean energy R&D Lynas R&D team utilizing internal expertise in product purity, surface and formulation to develop new clean energy technologies. Clean energy technologies require a new generation of catalysts, materials and processes able to facilitate hydrogen
Slide 20: Making a positive contribution to our communities
Making a positive contribution to our communities 20
Slide 21: Building prosperity in our communities
Building prosperity in our communities $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 $33.3m of employees ar
Slide 22: Visit us at LynasRareEarths.com
Visit us at LynasRareEarths.com 22