Abx Group Limited · ASX:ABX
Abx — Brisbane Mining Investor Conference 2023
20 slides from Abx's conference presentation, Mar 22, 2023
Slide 1: ASX Announcement: CEO Presentation at Brisbane Mining Investor Conference
ASX Announcement 22 March 2023 ASX: ABX CEO Presentation at the Brisbane Mining Investor Conference For personal use only In accordance with the requirements of Listing Rule 3.1 we submit the attached material being presented at the Brisbane Mining Investor Conference by Dr Mark Cooksey, Managing Di
Slide 2: Brisbane Mining Investor Conference
For personal use only (ASX:ABX) Brisbane Mining Investor Conference Mark Cooksey Managing Director and CEO 22 March 2023 Page 1
Slide 3: Disclaimer
Disclaimer For personal use only This presentation has been prepared by ABx Group Limited ACN 139 494 885 (“ABx” or the “Company”). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation with
Slide 4: Delivering materials for a cleaner future
For personal use only Delivering materials for a cleaner future 1. Creating an ionic adsorption clay rare earth project Exploration Development Technology in northern Tasmania 2. Establishing a plant to produce hydrogen fluoride and aluminium fluoride from recycled industrial waste, to replace impor
Slide 5: Board of Directors
Board of Directors For personal use only Hon Paul Lennon AO (Chair) Dr Mark Cooksey (Managing Director and CEO) • Premier of Tasmania 2004-2008 • More than 20 years with Rio Tinto and CSIRO • Deputy Premier and Minister for Infrastructure, • Worked closely with aluminium and other metal Energy & Res
Slide 6: Corporate Overview
Corporate Overview ASX code: ABX For personal use only Average daily Market cap Cash @ 20 March Listed Issued shares Options 52-week range volume (3 Shareholders (@$0.12) 2023 months) 24 Dec 2009 $0.10- 223.6m 78.8m 171,000 $27m $4.3m 2,537 @ $0.20 $0.205 Major Shareholders Shares % $0.24 12 Volume
Slide 7: Segments
Segments Ionic adsorption clay rare earth project in For personal use only northern Tasmania Production of hydrogen fluoride and aluminium fluoride from waste (ALCORE) Bauxite operations in Queensland and Tasmania Page 6 6
Slide 8: Rare earth elements market
Rare earth elements market For personal use only • 15+ rare earth elements (REEs) used in wide variety of applications, with demand growing rapidly • China dominates rare earths markets • Prices of different rare earths vary significantly because: • Proportions of supply do not match proportions of
Slide 9: Permanent magnets
Permanent magnets Super For personal use only Magnets • Essential for electric vehicles and wind turbines • Represent over 90% of value of rare earths consumption • Forecast to grow faster than other rare earth applications By Volume By Value Pr Nd Neodymium Praseodymium Smart Electric Phones Vehicl
Slide 10: Ionic adsorption clay (IAC) rare earth deposits
Ionic adsorption clay (IAC) rare earth deposits For personal use only • Currently only mined in southern China • Less complex processing: lower costs and shorter time to production • Contain much higher proportion of higher value, heavy rare earths Y�rium Other HREO Other LREO Other HREO Lanthanum +
Slide 11: Not all clays are created equal
Not all clays are created equal For personal use only Clay-hosted-REE Ionic adsorption clay Colloid Mineralised (neutral: apple juice) (slightly acidic: vinegar) (acidic: sulfuric acid) Indicative processing cost 10
Slide 12: ABx rare earth discoveries in Tasmania
ABx rare earth discoveries in Tasmania For personal use only • ABx is the first company to discover rare earths in Tasmania • Deep Leads and Rubble Mound have Wind Break highest reported extractions from any REE clay-hosted REE prospect in Australia: they are ionic adsorption clays1 Deep 52km Leads
Slide 13: Maiden REE Resource Estimate
Maiden REE Resource Estimate For personal use only • Announced 20 March 20233 • 350% increase since maiden estimate in November 20224 167 492 769 Size Cut-off (ppm Mean TREO Mean TREO- 184 850 129 266 492 390 27 497 1185 447 58147 83 94 144 1043 214 293 259 1520 233 115 3856 595927 37 417 189 106 32
Slide 14: ABx rare earths strategy
ABx rare earths strategy For personal use only Strategy • Rapidly develop low-cost production of mixed rare earth carbonate • Operate only where welcomed 2023 Plan • Further investigations of processing steps and conditions • Estimate CAPEX and OPEX • Deepen engagement with potential customers • Enh
Slide 15: Segments
Segments Ionic adsorption clay rare earth project in For personal use only northern Tasmania Production of hydrogen fluoride and aluminium fluoride from waste (ALCORE) Bauxite operations in Queensland and Tasmania Page 14 14
Slide 16: Aluminium fluoride from aluminium smelter waste
Aluminium fluoride from aluminium smelter waste For personal use only Aluminium fluoride (AlF3): essential for aluminium smelting • 1.2 million tonnes produced globally per year worth US$1.5 • Traditionally produced billion (US$1,000-1,800 per tonne) from high-cost aluminium • 50% produced in China,
Slide 17: Process to produce aluminium fluoride
Process to produce aluminium fluoride For personal use only • Exemplary illustration of circular economy • ABx’s 83%-owned refining technology subsidiary • Developing processes to produce aluminium fluoride using: • Fluorine from tapped bath (an aluminium smelter waste) • Aluminium from dross (an al
Slide 18: Technical progress
Technical progress For personal use only • Critical processing steps have been demonstrated in laboratory • Initial operating conditions for the pilot plant reactor have been selected5 • Engineering design for pilot plant reactor being finalised Rotary kiln for recovery of fluorine from aluminium sm
Slide 19: Process scale-up
Process scale-up For personal use only • Rigorous scale-up to reduce technical risk • First aluminium fluoride plant planned for Bell Bay, Tasmania, near existing hydro-powered aluminium smelter. Planned production 20,000 t/y • High potential for plants in other major aluminium smelting regions • Po
Slide 20: ABx Group Limited
For personal use only ABx Group Limited L5 52 Phillip Street Sydney 2000 Australia Phone: +61 2 9251 7177 E: corporate@abxgroup.com.au Julie Young Marketing & Investor Relations Manager E: jyoung@abxgroup.com.au