Slide 1: Investor Presentation - IMARC Conference 2024
Investor Presentation For personal use only IMARC CONFERENCE 2024 31 October 2024 Critical Materials in the U.S. for a Sustainable Planet : IONR ASX : INR www.ioneer.com B Li
Slide 2: Disclaimer
Disclaimer This presentation has been prepared as a summary only and does not contain all information about Competent Persons Statement ioneer Ltds (ioneer or the Company) assets and liabilities, financial position and performance, profits and In respect of Mineral Resources and Ore Reserves referre
Slide 3: What Differentiates Ioneer
What Differentiates Ioneer Rhyolite Ridge is now: For personal use only Permitted Offtakes Engineered Completed Federal ROD received in Binding agreements with State of the art facility with October 2024 Ford (SK), Toyota-Panasonic construction ready to and EcoPro commence in 2025 Over 70% design co
Slide 4: Rhyolite Ridge is Permitted
Rhyolite Ridge is Permitted Federal ROD received in October 2024 For personal use only Rhyolite Ridge becomes the first U.S. lithium project approved by the Biden Administration Pre-permitting Permitting Process We are Here Dec 2022 Listing of June 2022 Tiehm’s 2020 Submitted revised buckwheat and S
Slide 5: Rhyolite Ridge has the Right Partners
Rhyolite Ridge has the Right Partners Technically led approach For personal use only EPCM Evaporation and >US$187m PFS, Pilot Plant, DFS completed, Crystallization Acid Plant invested to date Engineering ready. Fluor is EPCM Material Haulage Handling System Signed binding lithium offtake agreements
Slide 6: Rhyolite Ridge a U.S. Construction Ready Project
For personal use only Rhyolite Ridge a U.S. Construction Ready Project OVER 70% ENGINEERING COMPLETE : IONR ASX : INR www.ioneer.com
Slide 7: Once in Production (~2028)
Once in Production (~2028*) Rhyolite Ridge will … Be the first lithium-boron mine globally For personal use only Have a revenue split of approximately 65% lithium : 35% boron Be the first hard rock lithium mine globally to include an integrated chemical processing plant at the mine site Be the only
Slide 8: Once in Production (~2028)
Once in Production (~2028*) Rhyolite Ridge will … For personal use only Be the first new lithium production in the U.S. in over 60 years Be the first new boron production in the U.S. in over 100 years Quadruple U.S. Lithium production and account for about 5% of projected demand in 2030 Add 26% to U
Slide 9: Rhyolite Ridge Next steps
Rhyolite Ridge Next steps For personal use only Close conditional loan of $700 million from DOE Loans Program Office Close conditional Sibanye-Stillwater agreement to fund $490 million for a 50% share of the Rhyolite Ridge Project Procure and close any additional required funding Ioneer and Sibanye-
Slide 10: Why Ioneer - Why Rhyolite Ridge
Why Ioneer - Why Rhyolite Ridge For personal use only Permitted Binding Over 70% offtakes are engineering in place complete US$700m in US$490m in Expansion conditional conditional potential for Debt Project future growth funding NEAR TERM FINAL INVESTMENT DECISION : IONR ASX : INR www.ioneer.com
Slide 11: The next U.S. Lithium Producer
For personal use only The next U.S. Lithium Producer www.ioneer.com. ir@ioneer.com : IONR ASX : INR www.ioneer.com
Slide 12: Corporate Snapshot
Corporate Snapshot Total Shareholder Composition at 30 September 2024 Capital Structure 20.4% (As at 22 October 2024) Unanalysed 28.0% For personal use only Institutional Investors 4.3% Unallocated DRs Shares Outstanding 2.3b 1.8% Broker Performance Rights And Options Outstanding 48.2m 5.6% Cash Bal
Slide 13: Proven & Experienced Team
Proven & Experienced Team BOARD OF DIRECTORS For personal use only JAMES D. CALAWAY BERNARD ROWE ALAN DAVIES ROSE McKINNEY-JAMES MARGARET WALKER STEPHEN GARDINER Executive Chair Managing Director Non-executive Director Non-executive Director Non-executive Director Non-executive Director Former Non-e
Slide 14: Key Growth Opportunities
Key Growth Opportunities Four areas aimed at increasing lithium production: For personal use only WITHIN INITIAL MINE PLAN FOOTPRINT 1 High boron-lithium 3 North Basin • Current 26-year mine plan based on only • 4x larger than South Basin footprint 41% of High boron - lithium Resource • Leach tests
Slide 15: Commitment to Sustainability
• Majority of on-site power from CO2-free energy production, Low Emissions low greenhouse gas emissions. • Mobile equipment meets Tier 4 EPA standards For personal use only • Project design implements best-in-class water utilization while recycling the majority of Low Water Usage water usage. • Expe