Australian Rare Earths Limited · ASX:AR3
Australian Rare Earths — Resources Rising Stars Conference 2022
20 slides from Australian Rare Earths's conference presentation, Nov 29, 2022
Slide 1: Koppamurra: Clay Hosted Heavy Rare Earths
RESOURCES RISING STARS November / December 2022 For personal use only KOPPAMURRA Clay Hosted Heavy Rare Earths Developing an independent source of critical rare earths for a clean energy future
Slide 2: Disclaimer & Important Information
RESOURCES RISING STARS November / December 2022 DISCLAIMER & IMPORTANT INFORMATION For personal use only Australian Rare Earths Limited (‘AREL’ of the ‘Company’) does not purport to give financial or investment advice. No account has been taken of the objectives, financial situation or needs of any
Slide 3: EVs & Wind Turbines Drive Decarbonisation
RESOURCES RISING STARS November / December 2022 For personal use only EVs & WIND TURBINES DRIVE DECARBONISATION THE OPPORTUNITY ∙ Demand growth for EV’s and wind turbines require four key Rare Earth Elements ∙ Western World is seeking an independent supply chain (ex-China) ∙ Deposits containing all
Slide 4: An Australian Critical Metals Company
RESOURCES RISING STARS November / December 2022 For personal use only AN AUSTRALIAN CRITICAL METALS COMPANY Distribution of shareholders Experienced team, strong backing, well-funded with community support Directors and Management Other, 57.6% 25.0% Professor Dudley Kingsnorth Chair Internationally
Slide 5: The Rare Earth Supply Chain
RESOURCES RISING STARS November / December 2022 For personal use only THE RARE EARTH SUPPLY CHAIN China and Myanmar dominate the supply chain, including majority of heavy rare earth production and end uses • Minerals containing Neodymium and Praseodymium EU Critical Raw Materials list 20201 are mine
Slide 6: The Rare Earth Supply Chain: China dominance
RESOURCES RISING STARS November / December 2022 For personal use only THE RARE EARTH SUPPLY CHAIN China and Myanmar dominate the supply chain, including majority of heavy rare earth production and end uses Historical rare earth mine production by country2 Downstream supply chain also dominated by Ch
Slide 7: Adamas Intelligence Forecasts
RESOURCES RISING STARS November / December 2022 For personal use only ADAMAS INTELLIGENCE FORECASTS Supply deficits across all magnet REO’s will support price accretion for the remainder of this decade NdPr demand-supply balance (LHS) vs price (RHS) Dy demand-supply balance (LHS) vs price (RHS) Tb d
Slide 8: Koppamurra: Our cornerstone asset
RESOURCES RISING STARS November / December 2022 For personal use only KOPPAMURRA: Our cornerstone asset A highly valuable potential source of critical rare earths in a Tier-1 location • 100%-owned clay-hosted critical rare earths deposit located ~300km SE of Adelaide • Recent 104% increase in Minera
Slide 9: Koppamurra: Australia's ionic clay hosted REE deposit
RESOURCES RISING STARS November / December 2022 For personal use only KOPPAMURRA: Australia’s ionic clay hosted REE deposit Ionic clays Hard rock • Historically mined in China, now in Myanmar, but • China still dominates but mines in production and Location resources are depleting under development
Slide 10: Globally Significant Resource
RESOURCES RISING STARS November / December 2022 For personal use only GLOBALLY SIGNIFICANT RESOURCE Large, consistent, shallow deposit – exceptional growth potential • Updated July 2022 Indicated and Inferred Resource – 81.4Mt at Koppamurra mineral resource estimate – July 2022 785ppm TREO (Total Ra
Slide 11: Outstanding Growth Potential
RESOURCES RISING STARS November / December 2022 For personal use only OUTSTANDING GROWTH POTENTIAL Deposit remains open with a substantial upside remaining • ~4,000km² of granted tenure in South Australia and Victoria • Updated July 2022 Mineral Resource based on drilling conducted over ~200km2 – eq
Slide 12: Recent Resource Expansion Drilling
RESOURCES RISING STARS November / December 2022 For personal use only RECENT RESOURCE EXPANSION DRILLING Validating consistent mineralisation across the project area Strong assays reveal significant extensions of clay-hosted mineralisation beyond the current Mineral Resource and Exploration Target a
Slide 13: Koppamurra Metallurgy
RESOURCES RISING STARS November / December 2022 For personal use only KOPPAMURRA METALLURGY Process development in collaboration with world experts • Results demonstrate a 50% reduction in acid consumption while maintaining average recoveries of 65% and up to 77% for the four key magnet Rare Earth E
Slide 14: Trial Mining & Rehabilitation Program
RESOURCES RISING STARS November / December 2022 For personal use only TRIAL MINING & REHABILITATION PROGRAM Commitment to continuous land rehabilitation as part of the mining process Late April 2022 September 2022 Soil Improvement Trial End June 2022 • Innovative trial mining program completed in Ap
Slide 15: Community and Land
RESOURCES RISING STARS November / December 2022 For personal use only COMMUNITY AND LAND An active and responsible member of the community ✔ Naracoorte Office Opening ✔ Full-time local Personnel • Naracoorte office/warehouse established and managed by local personnel ✔ Sponsorships • Groundwater, ec
Slide 16: Achievements and Future Milestones
RESOURCES RISING STARS November / December 2022 For personal use only ACHIEVEMENTS AND FUTURE MILESTONES 9,920m drill program completed(899 holes) Highest grades discovered Koppamurra Exploration A$12m IPO and AR3 Official opening of Naracoorte (+9,244ppm TREO) tenement granted listing office/wareho
Slide 17: Achievements and Future Milestones
RESOURCES RISING STARS November / December 2022 For personal use only ACHIEVEMENTS AND FUTURE MILESTONES Positive metallurgical results (45-68% TREO recoveries) Strong Assays Endorse 11,480m drill program Mineral Resource Further Resource completed(1,158 holes) Estimate update Growth at Koppamurra M
Slide 18: Achievements and Future Milestones: Near-term catalysts
RESOURCES RISING STARS November / December 2022 For personal use only ACHIEVEMENTS AND FUTURE MILESTONES Near-term catalysts: • Mining Lease Application studies and submission • Continued drilling to grow the resource • Finalise mineral processing tests & flowsheet development • Preliminary mine pla
Slide 19: Why Australian Rare Earths?
RESOURCES RISING STARS November / December 2022 For personal use only WHY AUSTRALIAN RARE EARTHS? 1 2 3 THE OPPORTUNITY THE KOPPAMURRA PROJECT THE PATH TO PRODUCTION • Substantial market opportunity driven by • Endowment of all four of the high • Low CAPEX, staged development to global decarbonisati
Slide 20: Rare Earths: ASX: AR3
RARE EARTHS ASX: AR3 Securing Australia’s rare earths for a diversified sustainable future
Australian Rare Earths — Resources Rising Stars Conference 2022 on 6ix