Lindian Resources Limited · ASX:LIN
Lindian Resources — Africa Down Under Conference 2023
32 slides from Lindian Resources's conference presentation, Sep 8, 2023
Slide 1: Kangankunde "The King" - Africa Down Under Conference
For personal use only KANGANKUNDE “THE KING” Africa Down Under Conference Rare Earths | Bauxite September 2023
Slide 2: Disclaimer
DISCLAIMER The material in this presentation has been prepared by Lindian Resources Limited (“Company”). This presentation may not be reproduced, redistributed or passed on, directly or indirectly, to any other person, or published, in whole or in part, for any purpose without prior written approval
Slide 3: Corporate Overview
CORPORATE OVERVIEW Company ASX Code LIN Share Price ~A$0.30 For personal use only Ordinary Shares on Issue 1.139B Substantial Shareholders Performance Rights 29m Kabunga Holdings Pty Ltd 11.0% Options on Issue : Conversion value A$20.6M ~97M Bonacare Pty Ltd / Topwei Pty Ltd / Wei & Zhang 10.8% Mark
Slide 4: Board & Management
BOARD & MANAGEMENT • Tanzanian born Australian entrepreneur Asimwe • The visionary behind the company’s strategy Kabunga • Major shareholder Executive Chairman • Commercially astute and strategic investor • 36-year mining industry veteran, ~20 years in critical minerals • For personal use only 35-ye
Slide 5: Kangankunde Rare Earths Project
For personal use only KANGANKUNDE RARE EARTHS PROJECT ASX: LIN 5
Slide 6: Regional Location
For personal use only REGIONAL LOCATION ASX: LIN 6
Slide 7: Mineral Resource Statement
MINERAL RESOURCE STATEMENT “THE KING” 15 core or RC/core drill holes, 76 RC drill holes for 15,831 metres of drilling Inferred Category1 Million tonnes Grade TREO % TREO Tonne NdPr tonne For personal use only Domain 1 58 1.8 1.0 mt 0.2 mt Domain 2 72 1.9 1.4 mt 0.3 mt Domain 3 23 3.2 0.7 mt 0.14 mt
Slide 8: Project Geology and MRE
For personal use only PROJECT GEOLOGY AND MRE RESOURCE EXTENSION POTENTIAL Refer www.lindianresources.com.au for information on results of drilling ASX: LIN 8
Slide 9: MRE Cross Sections
MRE CROSS SECTIONS Geology, Block Model & Drill Holes For personal use only MINERALISATION EXTENDS INDICATED RESOURCE (INFILL) DRILL BELOW MRE PROGRAM UNDERWAY RCDD074 Refer ASX:LIN release dated 31st July 2023 for information on results of drilling Refer www.lindianresources.com.au ASX: LIN 9
Slide 10: Regional Geology
REGIONAL GEOLOGY Prospective Regional Targets MINERALISATION POTENTIAL IN THE NORTH For personal use only ASSESSMENT IN PROGRESS MINERALISATION POTENTIAL SURROUNDING THE MRE ASSESSMENT IN PROGRESS MINERALISATION POTENTIAL IN THE SOUTH ASSESSMENT LATER Refer www.lindianresources.com.au for informatio
Slide 11: Product Quality
PRODUCT QUALITY 1 Concentrate NdPr Kangankunde Recovery Radiation2 Price $US/Kg (% TREO) (% of TREO) For personal use only Metallurgy results1 70% 66% 20.2 No To be negotiated Enhances downstream Significantly lowers Should attract a significant Water only separation Adds significant value Implicati
Slide 12: Stage Processing Plant
STAGE 1 PROCESSING PLANT Proposed staged strategic development objectives For personal use only Engineering 3D Plant Model of Stage 1 Processing Facility ASX: LIN 12
Slide 13: Technical Works Programs 2023/24
Technical Works Programs 2023/24 August September October November December Deliverables 2023 2023 2023 2023 2023 For personal use only MRE Inferred Mineral Resource Estimate Indicated + Inferred Infill Drill Program Mine Design Mine Plan & Schedule Metallurgy Metallurgy Report Plant Design Engineer
Slide 14: NdPr The Key to Magnets
NdPr THE KEY TO MAGNETS The supply chain for NdPr needs to be resolved to NdPr is 90% of the REO Market Value unlock the supply chain to TbDy use only 100 100 90 90 80 80 70 70 60 For personal 60 %age %age 50 50 40 40 30 30 20 20 10 10 0 Batteries + Metallurgy Phosphors Magnets 0 Catalysts Category
Slide 15: NdPr Essential to Wind Turbines
For personal use only NdPr ESSENTIAL TO WIND TURBINES Source REIA weekly newsletter 5th September 2023 ASX: LIN 15
Slide 16: Rare Earths Market Dynamics
For personal use only RARE EARTHS MARKET DYNAMICS Current Market Dynamics ASX: LIN 16
Slide 17: Rare Earths Market Metal & Magnet Producers
RARE EARTHS MARKET METAL & MAGNET PRODUCERS For personal use only 1. Modified from Goldman Sachs ASX: LIN 17
Slide 18: Kangankunde - Pathway to Carbon Neutral
For personal use only KANGANKUNDE - Pathway to Carbon Neutral Water Sustainable Environmental Community Sustainable Preservation Power Care Mining • Water based • Hydroelectric grid • Reforestation • Assistance • Electric Mining recovery process power programs programs Fleet • Water recycling • Sust
Slide 19: The Kangankunde Community
THE KANGANKUNDE COMMUNITY Assistance to Police Station construction Government For personal use only Geologist Insert photos from site and community montage assisting development Ministerial and Dignitaries site visit Australian Government hosted event Local community information forums ASX: LIN 191
Slide 20: Project Summary
PROJECT SUMMARY KANGANKUNDE “THE KING” TENURE METALLURGY For personal use only RESOURCE Mining Licence + Global leading REO 70% recovery Environmental Resource 60% concentrate grade Certificate issued 20% NdPr DEVELOPMENT STRATEGIC ESG Design programs well An enabler to an Government support a
Slide 21: Guinea Bauxite Project
For personal use only GUINEA BAUXITE PROJECT ASX: LIN 21
Slide 22: Guinea Bauxite Project
GUINEA BAUXITE PROJECT 1B TONNE of BAUXITE RESOURCES 1 Gaoual Project For personal use only 101.5MT –upgradable from 49.8% to ~59% Al 203 & 2.8% Si02 Lelouma Project 900MT ~45% Al203 & 2.1% Si02 Woula Project 19MT ~41.7% Al203 & 3.2% Si02 Simple screening and bulk handling processes Located close to
Slide 23: Guinea: Increased Export Capacity
GUINEA: INCREASED EXPORT CAPACITY Lelouma Guinea Bauxite Supply • Lindian’s bauxite projects have For personal use only Gaoual Woula a combined 1BT JORC resource • Guinea export capacity has increased by 500% from approx. 20Mt per year in 2015 to over 100Mt per year in 2021 • Guinea bauxite producti
Slide 24: Gaoual
GAOUAL Very high-grade, low silica (screening studies), close to infrastructure located approximately 60km to CBG railhead. For personal use only Resources Cut-off Grade Grade Category (Mt) (Al2O3%) (Al2O3%) (SiO2%) High Grade 83.8 45 51.2 11.0% Indicated Resources Total Resources 101.5 40 49.8 11.5
Slide 25: Gaoual Marketable Product
GAOUAL MARKETABLE PRODUCT: From screening studies, the sample specifications for marketable and saleable product, are listed below: For personal use only Marketable Product Al2O3 grade SiO2 Fe2O3 TiO2 LOI Moisture Size 85 Million Tonne 58.3 <2.8% <8% 2.6% 28% 10% 0-100mm +-2% +-0.5% +-2% +-0.5% +-2%
Slide 26: Lelouma
LELOUMA Large Resource, High grade, Low silica Mineral Resource Cut-off Criteria Tonnes (Mt) Al2O3 (%) SiO2(%) Category For personal use only Measured 155 47.9 1.8 >40% Al2O3 Indicated 743 44.4 2.1 >10% SiO2 >1m Thick Measured + Indicated 898 45.0 2.1 <1 Strip Ratio (waste: ore thickness) Inferred 2
Slide 27: Woula
WOULA Supplementary feed asset close to infrastructure Mineral Resource Cut-off Criteria Tonnes (Mt) Al2O3 (%) SiO2(%) Category For personal use only >40% Al2O3 Inferred 19 41.7 3.2 >10% SiO2 >1m Thick <1 Strip Ratio (waste: ore Total 19 41.7 3.2 thickness) Sources: 6 GlobalData | 7 www.crugroup.com
Slide 28: Why Lindian?
WHY LINDIAN? Two world class projects in commodities that are in high demand and integral to electric vehicles and global decarbonization strategy. For personal use only Kangankunde a global leading rare earth project located in the safe, mining friendly jurisdiction of Malawi Kangankunde a Tier 1 A
Slide 29: Contact
CONTACT www.lindianresources.com.au For personal use only +61 8 6557 8838 Level 24, 108 St Georges Terrace Perth WA 6000 Alistair Stephens (CEO) ajs@lindianresources.com.au
Slide 30: Competent Person Statement
KANGANKUNDE COMPETENT PERSON STATEMENT The Competent Persons’ consents for the Mineral Resource Estimate for Kangankunde1 remain in place for subsequent releases by the Company of the same information in the same form and context as originally For personal use only announced, until the consent is wi
Slide 31: Appendix A: Mineral Resource
Appendix A: Mineral Resource Table 1: Kangankunde Rare Earths Mineral Resource (at 0.5% TREO cut-off) Tonne La2O3 CeO2 Pr6O11 Nd2O3 Sm2O3 Eu2O3 Gd2O3 Tb4O7 Dy2O3 Ho2O3 Er2O3 Tm2O3 Yb2O3 Lu2O3 Y2 O 3 Class s (Mt) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm
Slide 32: Appendix B: ASX announcements
Appendix B: ASX announcements List of ASX Announcements released by Lindian relating to the Kangankunde Rare Earths Project For personal use only Date of Release Title 1-Aug-2022 Lindian to Acquire 100% of Globally Significant Kangankunde Rare Earths Project 5-Jan-2023 Kangankunde Delivers Outstandi
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