Minbos Resources Limited · ASX:MNB
Minbos Resources — Investor Presentation (June 2018)
18 slides from Minbos Resources's investor presentation, June 2018
Slide 1: Minbos Resources – Ambato Rare Earths Project
Minbos Resources Ambato Rare Earths Project MADAGASCAR June 2018
Slide 2: Disclaimer
Disclaimer Forward Looking Statements This presentation includes forward-looking statements. When used in this document, the words such as “could”, “plan”, “estimate”, “expect”, “intend”, “may”, “potential”, “should”, and similar expressions are forward-looking statements. Although Minbos Resources
Slide 3: Rare Earths – Why Invest?
Rare Earths – Why Invest? Clean Cities need Rare Earths. Rare Earths are essential for EV transportation and the generation and storage of clean energy. Geopolitical Premium. China’s dominant supply position presents a great risk to the rest of the world and incentive to develop alternate supplies.
Slide 4: Rare Earths – What are they?
Rare Earths – What are they? Rare Earths are not rare H He Li Be B C N O F Ne Rare earth elements (REE) Na Mg Al Si P S Cl Ar are always found together K Ca Sc Ti V Cr Mn Fe Co Ni Cu Zn Ga Ge As Se Br Kr Rb Sr Y Zr Nb Mo Tc Ru Rh Pd Ag Cd In Sn Sb Te I Xe but rarely in commercial Cs Ba La- Lu Hf Ta
Slide 5: Rare Earths – What are they used for?
Rare Earths – What are they used for? Metal Alloys are used in the fast growing hydrogen storage sector. 18% Permanent Magnets are used in electric motors and wind turbines offering, size, weight and efficiency advantages over conventional induction motors. Tesla has announced it is shifting to rare
Slide 6: Rare Earths – Where is the value?
Rare Earths – Where is the value? 15 Neodymium and Praseodymium dominate magnets and make up 80% of the total REE market by value Market Growth %pa 10 Pr Nd 5 0 0 1000 2000 3000 Market Value $Mpa Source: Adapted from Kingsnorth, D. (2018). The Rare Earths Market in 2018. IMCOA and Curtin University.
Slide 7: Ambato – A rare opportunity
Ambato – A rare opportunity Located in Central Madagascar the project hosts multiple occurrences outcropping at surface. All undrilled. The Ankazohambo prospect has been sampled over 2.4km strike length returning rock chip samples up to 41% TREO* of predominantly bastnasite with low uranium and thor
Slide 8: Ambato – High Grades?
Ambato – High Grades? TREO grade, and Nd-Pr content position Ambato in rarified company. Bubble size representative of the proportion of NdPr of deposit TREO% grade (Source: ASX and TSX publicly available data)
Slide 9: Ambato – Long strike length?
Ambato – Long strike length? Located in Central Madagascar the licenses host multiple REE occurrences outcropping at surface. All the prospects are undrilled. The Ankazohambo prospect has been sampled intermittently over 2.4km of strike returning rock chip samples up to 41% TREO* and mineralized wid
Slide 10: Ambato – Easy beneficiation?
Ambato – Easy beneficiation? 90% of the REE in surface samples is contained in the mineral Bastnasite with low levels of the radioactive elements uranium and thorium. The majority of the gangue mineral is silica. ANSTO mineralogical examination identified three quarters of the Bastnasite grains are
Slide 11: Rare Earths – China Controls Supply?
Rare Earths - China Controls Supply? China controls 85% of the worlds REE supply. 85% Approximately half of this is production is from two producers, Northern Group and Chinalco. Rest of World production 15% is dominated by Lynas Corporation (>70%) from its Mount Weld mine. Source: Kingsnorth, D. (2
Slide 12: Rare Earths – China 2025 Value Chain?
Rare Earths - China 2025 Value Chain? The risk to the Rest of World is great but…. ..the potential returns to China are massive.
Slide 13: Rare Earths – USA Critical Minerals?
Rare Earths – USA Critical Minerals? China Export Quotas in 2011 caused a spike in the price of rare earths. USA strategic minerals 2018 National Security Presidential Directive The USGS has designated Rare Earths as strategic minerals critical to U.S. national security. Rare Earths will feature at
Slide 14: Ambato – Exclusive Option to Acquire 90%
Ambato – Exclusive Option to Acquire 90% Minbos has entered into an option with Tana Minerals Ltd to acquire 90% of the shares in MRE Mining (Mauritius) Limited. MRE’s sole asset is a wholly owned subsidiary which holds two exploration permits in central Madagascar covering 440 square kilometres. De
Slide 15: Rare Earths – ASX Comparatives
Rare Earths – ASX Comparatives Code Company Project % Int Location TREO MCap MNB Minbos Resources Ltd Ambato 90% Madagascar 3.85%* $17M** ARU Arafura Resources Ltd Nolans 100% NT 56Mt @ 2.6% $54M HAS Hastings Technology Yangibana 92% WA 21Mt @1.17% $156M PEK Peak Resources Ltd Ngualla 75% Tanzania 2
Slide 16: Capital Structure and Top Shareholders
Capital Structure and Top Shareholders Capital Structure Millions Current Shares on Issue 5,655 Market Cap (0.3cps) A$17M Cash post placement and entitlement issue A$4M Current Top Shareholders % Green Services Innovations Ltd 40 Directors and Management 11 Dave Reeves 5 Celtic Capital Pty Ltd 3 TOP
Slide 17: Madagascar
Madagascar Madagascar is an island nation located off the east coast of Southern Africa. The western side of the island is sedimentary and hosts Rio Tinto’s QMM mineral sands mine and Base Resources’ Toliara project. The eastern two thirds of the island is underlain by Precambrian, Archean and Prote
Slide 18: Work Programs
Work Programs Drill Program site inspections are currently underway with the preferred contractor for a diamond drill program at Ankazohambo REE prospect. Metallurgical Testwork regimes are being prepared to fast track core samples into process flowsheet design for beneficiation to REE concentrate.