Northern Minerals Limited · ASX:NTU
Northern Minerals — Investor Presentation (May 2016)
19 slides from Northern Minerals's investor presentation, May 9, 2016
Slide 1: Investor presentation May 2016
For personal use only MAY | 2016 | ASX: NTU 1
Slide 2: Important notice
Important notice This presentation has been prepared by Northern Minerals Limited (“Northern Minerals” or the “Company. It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation with respect to
Slide 3: Positioned for success
Positioned for success SIMPLE MINERALOGY 30 X UPGRADE 3YNNAL 3NDas dIHSYANMO %OOL NORTHERN 3 MINERALS Powering Technology.
Slide 4: Three stage approach to full scale production
Three stage approach to full scale production Stage 1 TEST PILOT PLANT 60,000tpa capacity 52% TREO mixed RE carbonate 590,000kg pa TREO for 3 years, including 49,000kg Dy Production 9 months from funding Powering Technology. Stage 3 BUILD FULL SCALE @ 1,500,000kg TREO ina premium product 8 Develop b
Slide 5: Mine and ore bodies process
For personal use only mine and ore bodies process
Slide 6: Pilot plant: Browns Range
Pilot plant: Browns Range @_ 180,000t @ 1.19% TREO, campaign mined from multiple open pits ® 3 year operation producing 49,000kg dysprosium in 590,000kg TREO contained in a mixed RE carbonate per annum ®) Two stages of processing on site: beneficiation 60,000tpa and hydrometallurgical 3,200tpa feed
Slide 7: Financing, build and approvals
Financing Obtaining and evaluating term sheets Detailed engineering design to be Build completed by end of June Approvals Utilise existing approvals on a smaller scale
Slide 8: For personal use only
deal between German Govt and automakers to spend on electric vehicles For personal use only China’s target of hybrid and electric vehicles on the road by 2020 • •
Slide 9: Magnets drive demand
M ag nets d rive dema nd Forecast global TREO demand by application 160,000 oth mOther Permanent magnets 140,000 | =Phosphors 120,000 | I | | ® The engine room for growth Metallurgy and Alloys g 100,000 7 Q Battery Alloys ® Accounts for -25% of the rare earth demand in 5 90,000 tonnes an Ceramics, P
Slide 10: Dysprosium supply facing headwinds
Dysprosium supply facing headwinds y ‘(Dominant supplier China Forecast dysprosium supply 2,500 e) @ lonic adsorption clay deposits in the @ south 2,000 ” ® Availability of quality reserves has =) — deteriorated | g @ @ Strong focus on improving g 100 < environmental standards and § © reducing suppl
Slide 11: Rapidly approaching our goal to become the first significant dysprosium producer outside of China
Rapidly approaching our goal to become the first significant dysprosium producer outside of China N NORTHERN
Slide 12: Appendices
For personal use only APPENDICES N NORTHERN MINER. ALS
Slide 13: Major shareholders
Major shareholders Other Australian Conglin 27% International Investment Group (ACIIG) 41% Ordinary Shares 489M Unlisted Options and Performance Rights 29M Cash (31 March 2016) $0.74M Debt (31 March 2016) $2.3M Remaining top 20 23% Jien Mining Board & 5% management 4% Browns Range Project
Slide 14: For personal use only
For personal use only • • • • • • • • • •
Slide 15: Mining and production
For personal use only Mining and production RE [ Precipitation (Sodium Carbonate) Filtration lon —— MINING M : ; z I l [—— BENEFICIATION process flowsheet Sr =i Wet Magnetic fo) i) Separation Flotation roMon ‘at | po: Crushing ae Ub Milling Tails Fiitration (I) | | (TTT ON re Mineral Tailings Storag
Slide 16: Product offerings
} Upstream 1 Beneficiation Hydrometallurgy Alloy and magnet manufacture Mixed carbonate HK Product offerings ——————————
Slide 17: Mineral Resource and Ore Reserve
For personal use only TREO Dy2O3 Y2O3 Tb4O7 Ore kg kg kg kg Deposit Classification kg/t kg/t kg/t kg/t Tonnes contained contained contained contained TOTAL1 Probable 3,750,000 7.03 26,375,000 0.61 2,294,000 4.07 15,266,000 0.09 335,000 TREO Dy2O3 Y2O3 Tb4O7 HREO TREO Deposit Category Mt % kg/t kg/t
Slide 18: Notes on figures and TREO
For personal use only Figures may not add due to rounding TREO = Total Rare Earth Oxides- Total of Dy2O3,La2O3, CeO2, Pr6O11, Nd2O3, Sm2O3, Eu2O3, Gd2O3, Tb4O7, Ho2O3, Er2O3, Tm2O3, Yb2O3, Lu2O3, Y2O3
Slide 19: Browns Range Dome: under explored
Browns Range Dome: under explored aang ‘10 000m fam The dome is a massive geological feature ! covering 1,5500km2 and stretching Pe fe = Se 60km x 30km most of which hasn’t Es been effectively whom kx s explored a es [1 ceont0d Tenement [7 Granted Mining Lease [7 Tenement Appicaton (© RE Mineral Res