Lindian Resources Limited · ASX:LIN
Lindian Resources — Indaba Mining Conference 2024
25 slides from Lindian Resources's conference presentation, Feb 7, 2024
Slide 1: Alistair Stephens, Chief Executive Officer, Lindian Resources
For personal use only Alistair Stephens Chief Executive Officer Lindian Resources Ltd
Slide 2: Junior Project Showcase: Getting it done
For personal use only Junior Project Showcase “Getting it done” Presented by Alistair Stephens Indaba, February 2024
Slide 3: Disclaimer
DISCLAIMER The material in this presentation has been prepared by Lindian Resources Limited (“Company”). Competent Persons This prese ntation m ay not be re produced, redistributed o r passed o n, directly o r indirectly, to any other person, o r published, in whole Statement or in part, for any pur
Slide 4: Corporate Overview
CORPORATE OVERVIEW Company ASX Code LIN Share Price ~A$0.15 For personal use only Ordinary Shares on Issue 1.152B Substantial Shareholders Performance Rights 28.8m Kabunga Holdings Pty Ltd 10.9% Options on Issue : Conversion value A$20.6M ~84M Bonacare Pty Ltd / Topwei Pty Ltd / Wei & Zhang 9.9% Mar
Slide 5: 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 6: Regional Location
For personal use only REGIONAL LOCATION ASX: LIN 6
Slide 7: Kangankunde: The Ascent to Success
KANGANKUNDE : THE ASCENT TO SUCCESS Kangankunde Hill For personal use only ASX: LIN 7
Slide 8: Kangankunde: Timing is Everything
KANGANKUNDE: TIMING IS EVERYTHING Why now is the PERFECT STORM for Kangankunde For personal use only HISTORIC REO MARKET DYNAMICS KANGANKUNDE IS READY TO DELIVER ASX: LIN 8
Slide 9: Strategically Vital Project: Kangankunde The King
STRATEGICALLY VITAL PROJECT KANGANKUNDE “THE KING” STRATEGIC DEVELOPMENT For personal use only ESG An enabler to an Design programs well Strong stakeholder independent RE supply advanced support & net zero- chain dynamic carbon capable RESOURCE TENURED METALLURGY Global leading REO Mining Lice
Slide 10: Getting it Done by Leveraging Off Previous Work
GETTING IT DONE BY LEVERAGING OFF PREVIOUS WORK Previous metallurgical testwotk Open pit mine design concept For personal use only Left: Lonrho (1974) test work Right: The French Government Bureau de Recherches Géologiques et Minière (BRGM) Mine Designs (1990) Refer www.lindianresources.com.au for i
Slide 11: Key Achievements - Kangankunde
For personal use only KEY ACHIEVEMENTS - KANGANKUNDE 1. Refer competent persons statement & ASX release ASX:LIN dated 3 August 2023 and 5 October 2023 ASX: LIN 11
Slide 12: 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 Category 1 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 13: Massive Potential Beneath the MRE
For personal use only MASSIVE POTENTIAL BENEATH THE MRE RCDD074 Refer ASX:LIN release dated 31st July 2023,for Refer www.lindianresources.com.au andinformation 18th September 2023 on results of drilling ASX: LIN 13
Slide 14: Project Status
PROJECT STATUS Mining – Stage 1 Preliminary Pit Blocks For personal use only PIT MODEL • Areas for Stage 1 Identified from Inferred Resource • Preliminary Schedule Compiled • • Infill Program Complete Mine Schedule In Development ASX: LIN 14
Slide 15: Global Leader REO Resource
GLOBAL LEADER REO RESOURCE 7,000,000 KANGANKUNDE GLOBAL TREO only Kangankunde 6,000,000 • 5.7 mt of TREO containing LEADING • 1.2 mt of NdPr • 91 kt SEG • 5 kt TbDy use 5,000,000 Ngulla Longonjo Rare Earth Mineral Resource Tonne contained 4,000,000 For personal 3,000,000 Khotgor 2,000,000 Nolans Bor
Slide 16: Product Quality
PRODUCT QUALITY 1 Kangankunde Recovery Concentrate NdPr% Radiation Price $US/Kg For personal use only Metallurgy results1 +70% +60% 20.2 No To be negotiated Enhances downstream Significantly lowers Should attract a significant Water only separation Adds significant value Implications Low operating c
Slide 17: Modern Low-Tech Metallurgy Flowsheet
For personal use only MODERN LOW-TECH METALLURGY FLOWSHEET Refer www.lindianresources.com.au for information on results of drilling ASX: LIN 17
Slide 18: Stage 1 Plant Layout
STAGE 1 PLANT LAYOUT Development plans are Works in Progress For personal use only Engineering 3D Plant Model of Stage 1 Processing Facility ASX: LIN 18
Slide 19: Engaging the Community
For personal use only ENGAGING THE COMMUNITY Insert photos from site and community montage ASX: LIN 19
Slide 20: Lindian Value Proposition: NdPr - a High Value Market
LINDIAN VALUE PROPOSITION NdPr - a HIGH VALUE MARKET NdPr supply is essential to NdPr is 90% of the REO Market Value For personal use only unlock the use of TbDy 100 90 100 90 80 80 70 Percentage 70 60 %age 60 50 50 40 40 30 30 20 20 10 10 0 Batteries + Metallurgy Phosphors Magnets 0 Catalysts Categ
Slide 21: Lindian Value Proposition: NdPr - a High Growth Market
LINDIAN VALUE PROPOSITION NdPr - a HIGH GROWTH MARKET Market on track to deliver Market on track for dynamic shift For personal use only Left Source REIA weekly newsletter 5th September 2023 Right Source: IHS Global Insights Goldman Sachs ASX: LIN 21
Slide 22: Next Steps?
NEXT STEPS? Near Term Announcements • Infill drilling assay results, For personal use only • Indicated Resource Statement, • Mine designs and Mine Schedules • Engineering tenders for construction • Construction commencement, • Feasibility Study For all resource statements refer Competent Persons sta
Slide 23: Why Invest in Lindian?
WHY INVEST IN LINDIAN? Rare Earths : Kangankunde : Malawi • A Global leading Tier One rare earths asset, For personal use only • A Non-radioactive concentrate for transport, • A Safe mining-focused jurisdiction, • A Disruptor to global rare earths supply chain control • An Enabler of global decarbon
Slide 24: 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 25: Appendix: Peer Comparison Information
Appendix : Peer Comparison Information Resource Resource TREO Contained RE Type NdPr Contained Ticker Company Exchange Status Project Location Source Classification Mt Grade % REO kt LREE/HRE Grade % NdPr kt Lindian LIN.ASX ASX Explorer Kangankunde Malawi Inferred 261 2.2% 5,716 LREE 20% 1,143 LIN A