Rainbow Rare Earths Ltd. · LSE:RBW
Rainbow Rare Earths — Investor Presentation (September 2021)
27 slides from Rainbow Rare Earths's investor presentation, September 2021
Slide 1: NdPr: Powering the Green Revolution
RAINBOW RARE EARTHS NdPr: POWERING THE GREEN REVOLUTION September 2021
Slide 2: Disclaimer
DISCLAIMER These Presentation Materials are for information purposes only and must not be used or relied upon for the purpose of making any investment decision or engaging in any investment activity and should not be construed as, an offer for sale or subscription of, or solicitation of any offer to
Slide 3: Market Overview
MARKET OVERVIEW RARE EARTHS: THE CRITICAL BUILDING BLOCKS Market Overview IN THE GREEN REVOLUTION 3 Rainbow Rare Earths Limited Corporate Presentation – September 2021
Slide 4: NdPr Constitute 90%+ of Global Rare Earths Value
NdPr CONSTITUTE 90%+ OF GLOBAL RARE EARTHS VALUE NEODYMIUM AND PRASEODYMIUM (NdPr) ARE CRITICAL ELEMENTS IN PERMANENT MAGNETS USED FOR MOTORS AND TURBINES Permanent magnet production accounted for 91% of the total value of TREO consumption in 2019 Market Overview Source: Adamus Intelligence 4 Rainbo
Slide 5: Global Trends Accelerate NdPr Demand
GLOBAL TRENDS ACCELERATE NdPr DEMAND… KEY GLOBAL MEGATRENDS ARE DRIVING STRONG AND DIVERSIFIED DEMAND FOR NdPr ANTICIPATED GLOBAL REO MAGNET DEMAND GROWTH 160,000 • AUTOMATION: Accelerating technological progress 141Kt by 2030 140,000 • LOW CARBON TRANSITION: environmental protection and climate cha
Slide 6: Powered by the Green Revolution
…POWERED BY THE GREEN REVOLUTION PROJECTED ANNUAL GLOBAL EV SALES NO EXISTING ACCEPTABLE SUBSTITUTES FOR NdPr IN PERMANENT MAGNETS FOR EVS AND WIND TURBINES WHILST BATTERY CHEMISTRY IS STILL EVOLVING, THE MOTOR TECHNOLOGY REQUIRED ACROSS ALL EVS DRIVES NDPR DEMAND REGARDLESS OF BATTERY CHEMISTRY Mar
Slide 7: Significant Projected NdPr Supply Constraints
SIGNIFICANT PROJECTED NdPr SUPPLY CONSTRAINTS SECURING AN ETHICAL AND SUSTAINABLE SUPPLY CHAIN FOR STRATEGIC MATERIALS NdPr OXIDE – FORECAST SUPPLY – DEMAND BALANCE • China currently dominates global RE production (~80%) 160,000 • The EU’s Action Plan on Critical Raw Materials aims to strengthen 140
Slide 8: Rainbow Project Economics: Supported at Current NdPr Prices
RAINBOW PROJECT ECONOMICS: SUPPORTED AT CURRENT NdPr PRICES ACTUAL RARE EARTH BASKET PRICES FOR PHALABORWA AND GAKARA HAVE SIGNIFICANTLY OUSTRIPPED FORECAST PRICE RISES IN 2021 TO DATE ...nonetheless the economic viability of both projects is supported even at current prices With an NdPr content of
Slide 9: Project Overview: Phalaborwa Project
PROJECT OVERVIEW Project Overview: Phalaborwa Project PHALABORWA PROJECT 9 Rainbow Rare Earths Limited Corporate Presentation – September 2021
Slide 10: Significant NdPr Production to Power the Green Revolution
SIGNIFICANT NdPr PRODUCTION TO POWER THE GREEN REVOLUTION PHALABORWA – EXCITING, NEAR-TERM GROWTH OPPORTUNITY 38.3MT OF GYPSUM IN TWO STACKS FROM 50+ YEARS PHOSPHATE JORC COMPLIANT INFERRED MINERAL RESOURCE ESTIMATE Project Overview: Phalaborwa Project HARD ROCK MINING IN SOUTH AFRICA Contribution o
Slide 11: Phalaborwa: Simple Processing and High Value Carbonate Product
PHALABORWA SIMPLE PROCESSING AND HIGH VALUE CARBONATE PRODUCT EXPECTED TO DRIVE STRONG PROJECT ECONOMICS • Historical processing, including initial Typical unit processes Typical rare earths project Phalaborwa Project Overview: Phalaborwa Project flotation and concentration by Foskor followed by pro
Slide 12: Phalaborwa: Opportunity to Deliver Separated Magnet Rare Earth Oxides
PHALABORWA OPPORTUNITY TO DELIVER SEPARATED MAGNET RARE EARTH OXIDES THROUGH RECENTLY LICENCED TECHNOLOGY • RARE EARTHS SEPARATION TECHNOLOGY LICENCE: Rainbow has exclusive rights to K-Tech rare Project Overview: Phalaborwa Project earths separation technology across the SADC region of Africa for us
Slide 13: Assay Results Confirm High Value Project
ASSAY RESULTS CONFIRM HIGH VALUE PROJECT MUCH HIGHER GRADE THAN TYPICAL IONIC CLAY RARE EARTH PROJECTS Project Style Owner TREO4 NdPr5 Uranium6 Thorium7 % ppm ppm ppm Dy Project Overview: Phalaborwa Project Gypsum 11% Phalaborwa1 Rainbow Rare Earths 0.431% 1,257 2 48 stacks Tb Round Top2 Ionic Clay
Slide 14: Phalaborwa: An Ideal Location for a New Operation
PHALABORWA AN IDEAL LOCATION FOR A NEW OPERATION • Brownfield site near established Site boundary Project Overview: Phalaborwa Project mining town • Agreed location for new deposition of clean treated gypsum in a ‘green’ stack • Space for new processing Existing plant area infrastructure within exis
Slide 15: Phalaborwa: Excellent Local Infrastructure
PHALABORWA EXCELLENT LOCAL INFRASTRUCTURE SASOL’S PILOT PLANT REMAINS ON SITE WITH [INSERT PICS FROM DAVE] Project Overview: Phalaborwa Project ASSOCIATED INFRASTRUCTURE OF PHOSPHORIC ACID PLANT, INCLUDING: • High voltage switchyard (providing access to Eskom grid power) • Equipped machine shops • W
Slide 16: Phalaborwa: Earn-in Agreement
PHALABORWA EARN-IN AGREEMENT • Earn-in agreement signed with Bosveld Phosphates Project Overview: Phalaborwa Project • US$750k consideration for earn-in payable in three tranches in cash and shares over a period of 12 months • US$250k paid in cash in December 2020 on completion of initial confirmato
Slide 17: Project Overview: Gakara Project
PROJECT OVERVIEW GAKARA PROJECT Project Overview: Gakara Project 17 Rainbow Rare Earths Limited Corporate Presentation – September 2021
Slide 18: High-Grade Rare Earth Mineral Concentrate Production from Burundi
HIGH-GRADE RARE EARTH MINERAL CONCENTRATE PROUDCTION FROM LARGE MINERALISED SYSTEM IN BURUNDI TRIAL OPERATIONS HAVE DEMONSTRATED AMENABILITY TO SIMPLE MINING AND PROCESSING TO PRODUCE HIGH GRADE MINERAL CONCENTRATE Project Overview: Gakara Project • 39km2 mining permit located just south of Bujumbur
Slide 19: JORC Exploration Target from Across the Licence
JORC EXPLORATION TARGET FROM ACROSS THE LICENCE Gasagwe – Trial mined by Rainbow between 2017–2019 Murambi South – Currently being trial mined by Rainbow. producing 1,200t high grade concentrate. Production data and vein mapping data delivered updated Production data and vein mapping data delivered
Slide 20: Progressing Mining at Gakara to Mechanical Methods
PROGRESSING MINING AT GAKARA TO MECHANICAL METHODS TRIAL MINING HAS PROGRESSED FROM SMALL-SCALE MANUAL …TO BULK MECHANICAL WASTE MINING AND SELECTIVE MECHANICAL FOCUSSED OPERATION… MINING METHOD Project Overview: Gakara Project • A second new mining fleet has been operating at site improving efficie
Slide 21: A Sustainable Approach to Powering the Green Revolution
RAINBOW A SUSTAINABLE APPROACH TO POWERING THE GREEN REVOLUTION ZERO HARM POLICY: Committed to ensuring that staff, contractors and visitors remain healthy and safe from harm: • 1 million+ hours achieved without an LTI • Covid-19 protocols in place • Potable water is made available at all sites; sup
Slide 22: Summary
SUMMARY RAINBOW: A STRATEGIC SOURCE OF RARE EARTH Summary MINERALS FOR A GROWING MARKET 22 Rainbow Rare Earths Limited Corporate Presentation – September 2021
Slide 23: A Strategic Source of Rare Earth Minerals for a Growing Market
RAINBOW A STRATEGIC SOURCE OF RARE EARTH MINERALS FOR A GROWING MARKET Rainbow Rare Earths is uniquely positioned to benefit from the expected growth in the demand for Rare Earths to power the Green Revolution • Rainbow has both project and country risk diversification from two potentially world-cla
Slide 24: Our Executive Management
OUR EXECUTIVE MANAGEMENT GEORGE BENNETT DAVE DODD CEO TECHNICAL DIRECTOR • 25 years in finance and management, including as partner in stockbroking/advisory • 45 years of extractive metallurgy experience firms in SA • Metallurgical Project Consultant • Former CEO of Shanta Gold Ltd, successfully lis
Slide 25: Our Board – Non-Executive Directors
OUR BOARD – NON-EXECUTIVE DIRECTORS ADONIS POUROULIS J PETER PHAM NON-EXECUTIVE CHAIRMAN NON-EXECUTIVE DIRECTOR • Mining engineer: an entrepreneur whose expertise lies in the discovery, exploration • Scholar and practitioner of International Affairs with more than 20 years of and development of natu
Slide 26: Key Shareholder Information
KEY SHAREHOLDER INFORMATION BOARD SHAREHOLDINGS Shareholder Holding Ticker Market Market cap Share price Shares in Brokers issue Adonis Pouroulis* 16.0% RBW.L LSE £69m 14.50p 479m SP ANGEL George Bennett* 7.3% SHARE PRICE GBP Summary Shawn McCormick* 1.9% Alexander Lowrie 1.3% Robert Sinclair 1.0% A
Slide 27: Thank You
RAINBOW RARE EARTHS THANK YOU Contact us: GEORGE BENNETT PETE GARDNER CEO CFO SA Mobile: +27 82 652 UK Mobile: +44 771 779 4251 Office Number: + 27 11 996 3500 Skype: petegardner73 Skype: George.bennett72 Email: peteg@rainbowrareearths.com Email: georgeb@Rainbowrareearths.com
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