Lynas Rare Earths Limited · ASX:LYC
Lynas Rare Earths — Corporate Update (August 2022)
23 slides from Lynas Rare Earths's corporate update, Aug 3, 2022
Slide 1: Mt Weld Capacity Expansion
Lynas Rare Earths Limited Mt Weld Capacity Expansion 3 August 2022
Slide 2: Acknowledgement
Acknowledgement You will need to 1. 2. xx Lynas Rare Earths acknowledges the Traditional Owners of the lands on which we live and work, across Australia. We acknowledge and value Lynas’ Aboriginal and Torres Strait Islander employees, partners and communities and pay respect 4. their to Elders past,
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by Lynas Rare Earths Limited (ABN 27 009 066 648) (Lynas looking statements including projections, guidance on future earnings and estimates are provided or the Company) this presentation contains summary information about Lynas and its subsidiaries as
Slide 4: Agenda
Agenda You will need to 1. 2. The market Lynas’ accelerated growth plan 3. 4. Developing Our critical minerals commitment capability in to ESG WA’s Goldfields 4
Slide 5: Demand for Rare Earth materials is accelerating
Demand for Rare Earth materials is accelerating NdFeB magnet demand forecast to grow from 130,000 tonnes of NdFeB magnets consumed in 2020 to 265,000 tonnes in 2030 xx 5
Slide 6: Lynas 2025 plan announced May 2019
Lynas 2025 plan announced May 2019 10,500 tonnes NdPr per annum Malaysia A dynamic operation in Gebeng with increased investment in downstream processing; SX, Product Finishing, value added processing and recycling Western Australia United States Filling a market gap with new An expanded WA operatio
Slide 7: We have accelerated and upgraded our growth plan
We have accelerated and upgraded our growth plan Our new plan will include capital investment at each production stage 1 2 3 4 5 7
Slide 8: Expanding existing operations and adding new sites
Expanding existing operations and adding new sites Malaysia United States U.S. DoD funding awarded for HRE and Lynas Malaysia: 10 years of operation in LRE separation Gebeng, Malaysia Expected to be located on the Gulf Coast of Efficient Cracking & Leaching, Solvent Texas Extraction, Product Finishi
Slide 9: It all starts at Mt Weld
It all starts at Mt Weld Today • Production is fed from long life ore reserves • Mining is in near surface weathered zone • Continued drilling enables enhanced mine planning • Mt Weld Mineral Rare Earth Ore Reserve estimate 18.9m tonnes at average grade of 8.3% TREO* • Mt Weld Rare Earth Mineral Res
Slide 10: We are investing $500m at Mt Weld
We are investing $500m at Mt Weld Mt Weld today Mt Weld expansion Feedstock NdPr Equivalent tpa 7,000 12,000 Throughput Capacity Mtpa 0.3 1.3 Apatite Ore Processing Capability Tailings Water Recycle Yield 50% >90% Power Supply Diesel Gas > Hybrid Renewable This will deliver more feedstock, more sust
Slide 11: Initial feedstock capacity expansion to 12ktpa
• Initial feedstock capacity expansion to 12ktpa of NdPr equivalent in 2024 with further uplift plans in development • The expansion of Mt Weld processing capacity is fully scoped and funded to deliver: • Increased throughput • Improved efficiency • Flexibility to process different ore types • Enhan
Slide 12: The mineralised area occupies the majority of the tenement area
• The mineralised area occupies the majority of the tenement area • Sustainability initiatives will be outside the mineralised area 12
Slide 13: Mt Weld Rare Earths Project activities
Mt Weld Rare Earths Project activities Ore is mined from Ore is trucked 1.5km from the the Mt Weld pit mine to the Mt Weld Mt Weld Rare Earths concentration plant Concentration Plant Rare Earths concentrate is bagged and transported in sealed containers Water Treatment Power Generation State of the
Slide 14: A compact expansion that integrates with existing operation
Power Station A compact expansion that integrates with existing operation Concentrate Load- Reagents Out Warehouse Apatite Dewatering (re- use existing) Apatite Leach & Concentrate Dewatering New Grinding Re-use & Crushing Circuit Existing Flotation Flotation Recycle Water Treatment 14
Slide 15: Enhanced climate change resilience and circular economy initiatives
Enhanced climate change resilience and circular economy initiatives A state-of-the-art high recovery Additional high-recovery bore Tailings storage facilities with water recycling from tailings water desalination plant segregated storage for dam potential future reprocessing Staged transition from d
Slide 16: Unlocking the long-term value of the Mt Weld ore body
Unlocking the long-term value of the Mt Weld ore body Lynas has unique partnerships with: • CSIRO • Murdoch and Curtin Universities with Minerals Research Institute of WA • World leading experts from Japan Oil, Gas and Metals National Corporation (JOGMEC) These collaborative partnerships will suppor
Slide 17: The exploration target has been defined for a pre-feasibility study
The exploration target has been defined for a pre-feasibility study Exploration target 17
Slide 18: Our exciting Kalgoorlie project is underway
Our exciting Kalgoorlie project is underway Kiln installed in position and has rotated Filter building slab and foundations Fabrication of two 1300m3 tanks complete under its own power complete and structural steel progressing Western Power infrastructure complete Waste Gas Plant foundation excavati
Slide 19: 19
19
Slide 20: Our commitment to ESG starts with our people and communities
Our commitment to ESG starts with our people and communities
Slide 21: People, Communities, Environment, Awards & recognition
People Communities Environment Awards & recognition Lynas employs 911 people Lynas aims to: Lynas has implemented: globally: - Finalist for 2022 Golden - Hire locally - Greenhouse Gas Policy Gecko Award for - 760 in Malaysia - Buy locally - Commitment to SBTi environmental - 151 in Australia excelle
Slide 22: Visit us at LynasRareEarths.com
Visit us at LynasRareEarths.com 22
Slide 23: Appendix A: JORC Compliance and Competent Person's Statement
Appendix A: JORC Compliance and Competent Person’s Statement Exploration Results The information in this report that relates to the Exploration Results is based on information compiled by Dr Sadangaya Ganesh Bhat. Dr Sadangaya Ganesh Bhat is a full-time employee of Lynas Rare Earths. Dr Sadangaya Ga