Abx Group Limited · ASX:ABX
Abx — Mines and Money Connect Melbourne 2023
16 slides from Abx's conference presentation, Jun 15, 2023
Slide 1: ASX Announcement: CEO Presentation at Mines and Money Connect Melbourne 2023
ASX Announcement 15 June 2023 ASX: ABX Managing Director/CEO Presentation at Mines and Money Connect Melbourne 2023 ABx Group (ASX: ABX) (“ABx” or “the Company”) is pleased to provide the attached material being presented by Managing Director and CEO Dr Mark Cooksey at Mines and Money Connect Melbou
Slide 2: Ionic Adsorption Clay Rare Earths in Tasmania
For personal use only (ASX:ABX) Ionic Adsorption Clay Rare Earths in Tasmania Mines and Money Connect – Melbourne Mark Cooksey Managing Director and CEO 15 June 2023 Page 1
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by ABx Group Limited ACN 139 494 885 (“ABx” or the “Company”). It should not be considered as an offer or For personal use only invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation with
Slide 4: Board of Directors
Board of Directors For personal use only Hon Paul Lennon AO (Chair) Dr Mark Cooksey (Managing Director and CEO) • Premier of Tasmania 2004-2008 • More than 20 years with Rio Tinto and CSIRO • Deputy Premier and Minister for • Worked closely with aluminium and other metal Infrastructure, Energy & Res
Slide 5: Delivering materials for a cleaner future
Le For personal use only Delivering materials for a cleaner future 1. Discovering and developing an ionic adsorption clay Exploration Development Technology rare earth project in northern Tasmania 2. Establishing a plant to produce hydrogen fluoride and aluminium fluoride from recycled industrial wa
Slide 6: Permanent magnets
Permanent magnets Super For personal use only Magnets • Essential for electric vehicles and wind turbines • Represent over 90% of value of rare earths consumption • Forecast to grow at 7% per year to 2040 %market %market volume value Nd Pr 9% Neodymium Praseodymium Smart Electric e.g. catalysts, gla
Slide 7: Ionic adsorption clay (IAC) rare earth deposits
Ionic adsorption clay (IAC) rare earth deposits • Currently only mined in southern China For personal use only • Less complex processing: lower costs and shorter time to production • Contain much higher proportion of higher value, heavy rare earths Hard rock: Mount Weld (Lynas) Ionic clay: Deep Lead
Slide 8: ABx rare earth discoveries in Tasmania
ABx rare earth discoveries in Tasmania For personal use only • ABx is the first company to discover rare earths in Tasmania • Deep Leads and Rubble Mound have Wind Break highest reported extractions from any REE clay-hosted REE prospect in Australia: they are ionic adsorption clays2 Deep 52km Leads
Slide 9: Rare Earths Resource Estimate
Rare Earths Resource Estimate For personal use only • Announced 8 May 20231 • Five-fold increase since maiden estimate in November 20224 Size Cut-off (ppm Mean TREO Mean TREO- TREO-CeO2) (ppm) CeO2 (ppm) 21 Mt 250 770 585 Holes Metres Metres Thickness drilled drilled (m) assayed (m) (m) 635 6,224 2,
Slide 10: Not all clays are created equal: pH is king
Not all clays are created equal pH is king • Deposits A and B are For personal use only hypothetical (same grade) • Processing cost increases significantly as pH decreases • Acid consumption • Impurity removal Permanent magnet REO = Pr6O11 + Nd2O3 + Tb4O7 + Dy2O3 Source: ABX ASX release, 2 February
Slide 11: Not all clays are created equal: pH is king
Not all clays are created equal pH is king For personal use only • Charts shows indicative reagent cost and product prices, based on published data • As pH decreases, reagent cost alone can be higher than product price • Position on cost curve heavily dependent on pH required to achieve significant
Slide 12: Not all clays are created equal: desorbable grade
Not all clays are created equal ‘Desorbable grade’ varies enormously For personal use only • If only consider extraction at pH 4 (‘desorbable grade’), then deposits are very different Permanent magnet REO = Pr6O11 + Nd2O3 + Tb4O7 + Dy2O3 11
Slide 13: ABx rare earths strategy
ABx rare earths strategy For personal use only Strategy • Rapidly develop low-cost production of mixed rare earth carbonate • We operate only where welcomed 2023 Plan • Further investigations of metallurgical processing steps and conditions • Estimate CAPEX and OPEX • Deepen engagement with potentia
Slide 14: ABx Group Limited
For personal use only ABx Group Limited L5 52 Phillip Street Sydney 2000 Australia Phone: +61 2 9251 7177 E: corporate@abxgroup.com.au Julie Young Marketing & Investor Relations Manager E: jyoung@abxgroup.com.au
Slide 15: Reference Information
Reference Information For personal use only Page 14 14
Slide 16: References
References 1 ASX release 8 May 2023 For personal use only 2 ASX release 2 Feb 2023 3 ASX release 16 March 2022 4 ASX release 23 November 2022