Lynas Rare Earths Limited · ASX:LYC
Lynas Rare Earths — Lynas — Roskill International Rare Earths Conference 2011
21 slides from Lynas Rare Earths's conference presentation, Nov 16, 2011
Slide 1: Rare Earths: We Touch Them Everyday
Rare Earths WE TOUCH THEM EVERYDAY For personal use only Roskill International Rare Earths Conference Presentation 16 November 2011
Slide 2: Disclaimer
Disclaimer For personal use only This Presentation has been prepared by Lynas Corporation Limited (ABN 27 009 066 648) (Lynas or the Company). This Presentation contains summary information about Lynas and its subsidiaries (Lynas Group) and their activities current as at the date of this Presentatio
Slide 3: Lynas will offer a source of supply of Rare Earths outside of China
Lynas will offer a source of supply of Rare Earths outside of China For personal use only LYNAS VITALS AT A GLANCE VISION: Be the leader in Rare Earths for a sustainable future. EXCHANGES: ASX (code LYC), OTCQX (code LYSDY) Mount Weld INDICES: ASX 100, MSCI Australia SHARES: 1,714m on issue MARKET C
Slide 4: Current status of the project
Current status of the project For personal use only MAJOR MILESTONES TO DATE FUTURE MILESTONES Concentration Plant started in May 2011 Lynas has lodged the documentation (REO stockpiled on site at Mount Weld) required by the AELB in respect of the pre- operational licence LAMP construction: 85
Slide 5: Lynas is a safe and sustainable source of Rare Earths supply
Lynas is a safe and sustainable source of Rare Earths supply For personal use only STRONG SAFETY CULTURE Lynas has achieved more than 5,700,000 Gas Treatment hours Lost Time Injury (LTI) free on the LAMP construction project Lynas Mount Weld remains LTI free during both construction and operatio
Slide 6: Mount Weld Rare Earths initial mining campaign complete
Mount Weld Rare Earths initial mining campaign complete, loss-time-injury-free, on budget For personal use only MOUNT WELD STOCKPILES WITH RARE EARTH OXIDE PERCENTAGES DUNCAN DEPOSIT (DD) Offices 773,000t on stockpiles 8% 13% DD CLD 17% DEPOSIT 26% 15% 13% 21% 20% Conc. DD Plant 1.5km 6
Slide 7: The mine is within the Central Lanthanide Deposit
The mine is within the Central Lanthanide Deposit (CLD), a Resource of 9.9 million tonnes at 10.7% for 1.1 million tonnes of contained REO For personal use only CENTRAL LANTHANIDE DEPOSIT AND DUNCAN DEPOSIT RESOURCES Comparison of REE distribution CLD & Duncan Mineral Resource (2.5% REO cut-off) CLD
Slide 8: The Concentration Plant commenced feed of ore in May 2011
The Concentration Plant commenced feed of ore in May 2011 For personal use only OVERHEAD VIEW OF THE CONCENTRATION PLANT 8
Slide 9: Commissioning is progressing well; grade in line, recovery exceeding plan
Commissioning is progressing well; grade in line with, and recovery exceeding, planned ramp up schedule For personal use only MOUNT WELD CONCENTRATION PLANT Plant throughput rates continue to ramp up Concentration Plant September September Performance 2011 ramp- up plan Final concentrate 37.6% 37.
Slide 10: Containers of Rare Earths concentrate will be trucked to Fremantle
Containers of Rare Earths concentrate will be trucked to Fremantle for shipping to Malaysia For personal use only • Mount Weld to Fremantle = 1,000km • Phase 1 tonnage = 1,500 containers/year 10
Slide 11: Gebeng, Malaysia, has exceptional infrastructure for separation
Gebeng, Malaysia, has exceptional infrastructure required for a Rare Earths separation facility For personal use only PROCESSING HUB WITH EXCEPTIONAL INFRASTRUCTURE Gebeng Industrial INDUSTRIAL INFRASTRUCTURE Estate, Energy, chemicals, water, industrial land East Coast Malaysia KNOWLEDGE INFRASTRU
Slide 12: Schematic - Lynas Advanced Materials Plant core process
Schematic - Lynas Advanced Materials Plant core process, which uses mature industry technology For personal use only 12
Slide 13: The Lynas Advanced Materials Plant (LAMP) overview
The Lynas Advanced Materials Plant (LAMP) is 0.8km wide (N-S) and 1.4 km long (E-W) For personal use only OCTOBER 2011 OVERVIEW OF LEACHING, UP AND DOWNSTREAM SEPARATION AND PRODUCT FINISHING WORKSHOPS 13
Slide 14: LAMP construction is more than 85% complete
LAMP construction is more than 85% complete For personal use only Cracking (Rotary Kiln) Gas Treatment Primary Leaching Secondary Leaching 14
Slide 15: LAMP construction is more than 85% complete
LAMP construction is more than 85% complete For personal use only Upstream Extraction Downstream Extraction Post Treatment Tunnel Furnaces 15
Slide 16: The products are set for Phase 1; flexibility in Phase 2
The products are set for Phase 1; Lynas has product flexibility in Phase 2 For personal use only ANTICIPATED PHASE 1 ─ 11,000t REO PRODUCTS VOLUMES (tpa) Ce carbonate 2,600 La carbonate 1,350 Ce / La carbonate 4,000 Nd / Pr oxide 2,700 SEG + Heavy Rare Earths 480 PHASE 2 ─ ADDITIONAL 11,000t REO PRO
Slide 17: Strategic Alliance with Sojitz for long term Japanese supply
The Strategic Alliance with Sojitz shall provide a stable and long term source of supply for the Japanese market For personal use only LYNAS, SOJITZ AND JOGMEC HAVE EXECUTED DEFINITIVE AGREEMENTS Sojitz – Lynas Strategic Alliance Financing Availability Distribution & Agency Agreement Agreement Agree
Slide 18: Letter of Intent signed with Siemens for magnet JV
Letter of Intent signed with Siemens to establish a JV company for the sustainable production of neodymium-based Rare Earths magnets For personal use only LYNAS AND SIEMENS INTEND TO FORM A JOINT VENTURE FOR MAGNET PRODUCTION LYNAS SIEMENS Magnet technology and Long term supply manufacturing capabil
Slide 19: Seven formal supply contracts and two Letters of Intent signed
Seven formal supply contracts and two Letters of Intent signed; Sojitz Agreement to provide stable supply to Japanese customers For personal use only Rhodia Customer Agreement 9th Sojitz Agreement – Agent/Distribution - Supply Contract Minimum of 8,500t (+/-500t) of product 8th Customer Agreement
Slide 20: Lynas – online in early 2012, delivering Rare Earths globally
Lynas – online in early 2012, delivering Rare Earths globally For personal use only • Our vision is to be the leader in Rare Earths for a sustainable future. • We are close to realising this vision. • Lynas will be online in early 2012, delivering Rare Earths globally. • The LAMP is scheduled to com
Slide 21: Note: Competent Person statement
NOTE For personal use only The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Brendan Shand, who is a member of The Australasian Institute of Mining and Metallurgy. Brendan Shand is an employee of Lynas Corporatio
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