Slide 1: Becoming a globally significant critical minerals producer
For personal use only Becoming a globally significant critical minerals producer. Investor Webinar ASX: LIN 22 January 2025 1 1
Slide 2: Important Information – Disclaimer
Important Information Disclaimer The material in this presentation has been prepared by Lindian Resources Limited (“Company”). For personal use only This presentation may not be reproduced, redistributed or passed on, directly or indirectly, to any other person, or publishe d, in whole or in part, f
Slide 3: Corporate Overview
Corporate Overview Company ASX Code LIN Substantial Shareholders3 Share Price1 A$0.095 Kabunga Holdings Pty Ltd 10.89% For personal use only Ordinary Shares on Issue ~1.152B Board & Senior Management 9.99% Performance Rights 16.3M Bonacare Pty Ltd /Topwei /Wei /Zhang 9.96% Options on Issue: (Convers
Slide 4: Agenda
Agenda • Welcome For personal use only • CEO Update • Chairman Comments • Q&A • Close 4 4
Slide 5: CEO Update
For personal use only CEO UPDATE 5 5
Slide 6: Industry Action
For personal use only Industry Action 6 6
Slide 7: CEO Update – Kangankunde Rare Earths Project, Malawi
CEO Update Kangankunde Rare Earths Project - Malawi • Industry snapshot For personal use only • US$50M funding - Gerald Group non-binding term sheet4 • Gerald negotiations advancing with technical team site visits and due diligence5 • Process Plant – flowsheet optimisation complete; fixed price cont
Slide 8: CEO Update – Bauxite, Guinea
CEO Update Bauxite - Guinea • 10-year Binding Lease Agreement and Royalty For personal use only Deed signed with Guinea-based for the Woula bauxite project6 • Recent CEO visit to Guinea to establish broader industry contact and advance bauxite project discussions 6. ASX announcement – 11 Nov 2024 “1
Slide 9: Chairman Comments
For personal use only CHAIRMAN COMMENTS 9 9
Slide 10: Chairman Update
Chairman Update Corporate Update • Board movements For personal use only • Malawi High Court legal claim update5 • Upcoming General Meeting7 • Board approved a robust 18-month strategic plan and budget • Funding activities up to first production 5. ASX announcement – 14 Jan 2025 “Corporate and Proje
Slide 11: Lindian Value Proposition
Lindian Value Proposition Rare Earths: Kangankunde Bauxite For personal use only 1. Global tier one rare earths asset 1. Growing bauxite market 2. Low-cost Stage 1 project 2. High-grade & high-quality assets 3. Robust Stage 1 project economics 3. Subsidiary structures and tenement 4. Significant Sta
Slide 12: Q&A
For personal use only Q&A 12
Slide 13: Contact
Contact Level 15, For personal use only 240 St Georges Terrace Perth WA 6000 +61 8 6401 4300 lindianresources.com.au investors@lindianresources.com.au LIN 13
Slide 14: Appendices
For personal use only APPENDICES ASX: LIN 14
Slide 15: Kangankunde - Resources & Reserves
Kangankunde - Resources & Reserves Mineral Resource Inclusive of Reserves @ 0.5% TREO Cut-off Grade Resource Classification Tonnes TREO NdPr% of Tonnes TREO** Contained (millions) (%) NdPr* For personal use only (%) (millions) Indicated 61 2.43 20.1 0.3 Inferred 200 2.05 20.4 0.8 Total Resource 261
Slide 16: Competent Persons' Statements
COMPETENT PERSONS' Competent Persons STATEMENTS Information The information in this presentation that relates to Exploration Results, The information in this presentation that relates to the Ore Reserve for the Metallurgy Results, and Mineral Resources of the Kangankunde Rare Earths Kangankunde proj
Slide 17: Kangankunde – Exploration Target
Kangankunde – Exploration Target 1 An Exploration Target has been determined for the Central Carbonatite of the Kangankunde Rare Earths Project in addition to the current Mineral Resource Estimate (MRE), as follows: Target Range Tonnes (millions) Grade (TREO %) Exploration Target Lower 400 2.0% For
Slide 18: Gaoual Project – LIN 75%
Gaoual Project – LIN 75% • Very high-grade, low silica (screening studies), For personal use only close to infrastructure located approximately Grade Grade Resources Cut-off 60km to CBG railhead1,2,3. Category (Mt) (AI2O3 %) (AI2O3 %) (SiO2 %) High Grade 83.8 45 51.2 11.0% Indicated Resources • Gaou
Slide 19: Lelouma Project – LIN 75%
Lelouma Project – LIN 75% High grade, low silica large resource Mineral Resource Tonnes For personal use only Cut-off Criteria AI2O3 (%) SiO2 (%) Category (Mt) >40% AI2O3 Measured 155 47.9 1.8 <10% SiO2 Indicated 743 44.4 2.1 >1m Thick Measured + Indicated 898 45.0 2.1 <1 Strip ratio (waste:ore Infe
Slide 20: Woula Project – LIN 61%
Woula Project – LIN 61% • Supplementary feed asset close to infrast10-year • Secured 10-year lease and royalty agreement on Woula Bauxite For personal use only project 1 • Lindian will be paid a royalty of US$1 per tonne to US$2 per tonne of bauxite produced from Woula • Royalty will continue for as