Slide 1: Mining Services Expo March 2007
Alistair J Stephens Managing Director Arafura Resources Limited Mining Services Expo March 2007 Arafura Resources for the future
Slide 2: Australian exploration company — NT focused
Australian exploration company — NT focused * Corporate office located in Perth * Project & exploration office in Darwin * Main project at Aileron 135 km north of Alice Springs * Focus on Nolans rare earths - phosphate project Listed on ASX : ARU, ARUO Arafura Resources for the future
Slide 3: Arafura exploration and joint ventures structure
00% Arafura | 10%NuPower | [ | Exploration = _ Joint Ventures (= (7 ™ {7 i 7 Te Te a» Mt Porter gold resource. _Pine Ck lron Royalties _ : 3420002 [$1 0 to $1.5mpa from 2008 | ee TM WI 2 Nickel JV _ Mithril Resources
Slide 4: Project locations post-demerger
ARAEU SrSOGREWE Lisiren BOE BSE Wilh, bestora Vile - Arafura All Commodities Wl, eohura Whe Restiea AK Commositioe / DRAPURA TENNANT CREEK | 20°5, KURINELL Ss NHULUNI i DAVENPORT. WI KATHERINE ® NOLAN’S BORE JERVOIS ae HAMMER HILL BOROLEQO. 28°S PROJECT LOCATIONS POST-DEMERGER o 200km = Mi
Slide 5: Rare earths applications
ARAPURA 4eaouncie Kossren ct — Pro Rare Earths Ae Petroleum Catalysts - fertiliser grade |” j Automotive ) _ Exhaust Catalysts: Rechargeable batteries Phosphoric | el Powerful Permanent Magnets, _Phosphors os Resources for the future
Slide 6: Rare earths — putting style into lifestyle
A Rare earths — putting style into lifestyle AKAF A ring Technology
Slide 7: Rare earths — Sound fundamentals
Rare earths — Sound fundamentals Demand ° Growing on average by 15% per annum . Potential 50,000 tonnes shortfall in demand by 2010 Supply ° 95% controlled by China Price . Demand will outstrip supply. Prices will continue to increase wering Technology
Slide 8: Labour and Suppliers — NT Focus
Labour and Suppliers — NT Focus Chemicals Imported or Darwin sourced ~ Darwin | Road & Rail . transport ‘Plant _F Local trucking firms And Freightlink Central Australia sourced labour & suppliers Gas and power generation Darwin based labour Darwin domestic suppliers Gas and power generation ring Tec
Slide 9: Nolans — Aileron Mining & Processing
Nolans — Aileron Mining & Processing ° 6 months mining ; Locally sourced labour force — approx. 10 people in back hoes and trucks — approx.10 people in crushing, grinding & washing Small scale, low risk, low cost, open pit mining Simple processing plant Gas + Power generation needed ering Technology
Slide 10: Nolans — Darwin Plant
™ Nolans — Darwin Plant Four operating sections — chemical processing — Rare earth extraction and processing ~ Phosphoric acid extraction — Calcium chloride flake plant — Uranium extraction Gas & power generation - Initial estimations order of 50 MWatts Need access to road, rail, gas, power, port, p
Slide 11: Nolans - Development Stages
fa% Nolans - Development Stages ¢« Environmental studies — looking after the land ¢ Metallurgical testing and pilot plant — extracting value * Marketing — securing contracts ¢ Full engineering design — understanding our costs ¢ Government and regulatory approvals — license to operate ¢« Construction
Slide 12: NT Resources developing the NT
NT Resources developing the NT Local Employment opportunities in Ti Tree, Alice Springs, Darwin Improved utilisation of existing infrastructure -road, rail, gas, port Significant upstream development opportunities —Gas, power generation, chemical manufacture, imports of materials Significant downstr
Slide 13: Rare earths - smart metals
ARAPURA 4eaouncie Kossren RARE EARTHS - SMART METALS Putting siyie inte lifestyle AHAE LRA RESOURCES FOR THE FUTURE DEVELOPING RARE EARTH MINERAL PRODUCTS. Products with sustainable value Environmental solutions Versatility in energy Essential for electronics Resources with competitive advantage For
Slide 14: Arafura Resources - Growing the Territory
Arafura Resources Growing the Territory www.arafuraresources.com.au Mining Services Expo - March 2007 Arafura Resources for the future