Lynas Rare Earths Limited · ASX:LYC
Lynas Rare Earths — Bell Potter Unearthed 2023
15 slides from Lynas Rare Earths's conference presentation, Feb 7, 2023
Slide 1: Lynas Rare Earths Limited - Bell Potter Unearthed 2023
For personal use only Lynas Rare Earths Limited Bell Potter Unearthed 2023 7 February 2023
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Lynas Rare Earths Limited (ABN 27 009 066 648) (Lynas as a general guide only and should not be relied upon as an indication or guarantee of future For personal use only or the Company) this presentation contains summary information about Lynas and i
Slide 3: FY23 Q2 financial highlights
FY23 Q2 financial highlights You will need to For personal use only Sales Receipts Sales Revenue $168.4m $232.7m Q2 FY22: $151.0m Q2 FY22: $202.7m Cash payments for Cash and Short Term capex, exploration & Deposits development $141.9m $934.2m Q2 FY22: $38.3m Q2 FY22: $674.2m 33
Slide 4: FY23 Q2 operational highlights
FY23 Q2 operational highlights For personal use only 4,457t 1,508t Total REO production NdPr REO production Q2 FY22: 4,209 tonnes Q2 FY23: 1,359 tonnes $62.5 Average selling price per kg REO Q2 FY22: $54.0/kg 44
Slide 5: FY2022 ESG highlights
FY2022 ESG highlights For personal use only Operating safely Increasing gender through COVID-19 diversity pandemic 24% women senior executives LTIF rate of 0.8 per million hours worked at 30 June 23% women employees at 30 June 50% women Board members Enhancing climate Delivering on change resilience
Slide 6: Demand continues to grow for EVs and wind energy
Demand continues to grow for EVs and wind energy For personal use only Additional 5kt NdPr oxide required per 10m Hybrid Electric Vehicles 3 kilotonnes of NdPr oxide per 10GW capacity direct drive wind turbine Additional 7kt NdPr oxide required per 10m Battery Electric Vehicles Source: IEA Electric
Slide 7: Developing our business for an exciting future
Developing our business for an exciting future For personal use only Completing the Rare Planning U.S. Rare Earth Accelerating production Enhancing operations Earths Processing Processing Facility in capacity at Mt Weld at Lynas Malaysia Facility in Kalgoorlie Texas Ambitious growth projects are und
Slide 8: Making the most of the precious Mt Weld resource
Making the most of the precious Mt Weld resource For personal use only • Approx. $500m Mt Weld Progress to date: capacity expansion project • Project team in place • Targeting concentrate feedstock of 12,000 tpa • Long lead items and early NdPr products in 2024 procurement underway • New 2-year expl
Slide 9: Mt Weld expansion integrates with existing operation
Power station Mt Weld expansion integrates with existing operation For personal use only Concentrate Load- Reagents Out Warehouse Apatite Dewatering (re- use existing) Apatite Leach & Concentrate Dewatering New Grinding Re-use & Crushing Circuit Existing Flotation Flotation Recycle Water Treatment 9
Slide 10: Expanding Australian operations with the Kalgoorlie Rare Earths Processing Facility
Expanding Australian operations with the Kalgoorlie Rare Earths Processing Facility For personal use only 10
Slide 11: Enhancing operations in Malaysia
Enhancing operations in Malaysia You will need to For personal use only Increasing capacity • Works to receive mixed rare earth carbonate feedstock • Investment in solvent extraction and product finishing • Expanding range of products Improving efficiency • Water recycling • Ongoing 7S programmes Co
Slide 12: Progressing plans for the USA Rare Earths Separation Facility
Progressing plans for the USA Rare Earths Separation Facility For personal use only Committed & supportive U.S. Government • Follow-on contract for construction of commercial HRE separation facility • Phase II deliverables submitted to the US DoD Backed by U.S. Government policy settings • Inflation
Slide 13: Lynas plays an important role in the global economy
Lynas plays an important role in the global economy For personal use only Malaysia: Over RM$3 billion in foreign direct investment, since 2008 Approx. 1000 ongoing jobs United States: (98% local employment) Planned U.S. Rare Earths Processing Facility (Heavy and Light Rare Earths) Approx. 619 jobs t
Slide 14: Visit us at LynasRareEarths.com
For personal use only Visit us at LynasRareEarths.com 14
Slide 15: Appendix A: JORC Compliance and Competent Person's Statement
Appendix A: JORC Compliance and Competent Person’s Statement For personal use only 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