Lynas Rare Earths Limited · ASX:LYC
Lynas Rare Earths — Diggers & Dealers Mining Forum 2024
17 slides from Lynas Rare Earths's conference presentation, Aug 5, 2024
Slide 1: Diggers & Dealers Mining Forum Presentation
For personal use only Lynas Rare Earths Limited Diggers & Dealers Mining Forum Presentation Kalgoorlie, 5 August 2024
Slide 2: 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 3: Acknowledgement of Country
Acknowledgement You will need to of Country For personal use only 1. 2. Lynas xx Rare Earths acknowledges the Traditional Owners of the lands on which we live, work and meet, across Australia. We acknowledge and value Lynas’ Aboriginal and Torres Strait Islander employees, partners and communities a
Slide 4: Significant progress in FY24
Significant progress in FY24 For personal use only First shipment of MREC from new Kalgoorlie Facility Announced plan to produce separated Dy and Tb at Lynas Malaysia in CY25 Mt Weld expansion project Stage 1 construction completed and commissioning commenced Commenced 5-year mining contract with Ca
Slide 5: 2024 Mt Weld Mineral Resource and Ore Reserve Update
2024 Mt Weld Mineral Resource and Ore Reserve Update For personal use only 92% increase 63% increase 46% increase 1 in mineral resources from June 2018* 2 in ore reserves from June 2018** 3 in TREO from August 2018 92% increase >35 year Ore >20 year Ore 4 5 6 Reserve mine life for Reserve mine life
Slide 6: Mt Weld Mineral Resource distribution
Mt Weld Mineral Resource distribution Extensive drilling Enhanced understanding of Expansive HRE halo For personal use only program complete mineralogy in ore zones identified and scoped Plan view of hole collar points at Mt Weld. Current mined pit (grey) and dolerite dyke (green) displayed Plan vie
Slide 7: 92% increase in Mineral Resources
92% increase in Mineral Resources For personal use only Mineral Resources estimate 92% increase in Mineral 46% increase in contained of 106.6 Mt at an average Resources from 55.4 Mt to TREO from 3.0 Mt grade of 4.12% TREO 106.6 Mt* to 4.39 Mt TREO* JORC Classification Million Tonnes TREO (%) TREO (‘
Slide 8: 63% increase in Ore Reserves
63% increase in Ore Reserves For personal use only Ore Reserves now 32.0 Mt at 6.44% TREO 2.0 million tonnes of contained TREO 22% increase in contained TREO from 1.690 million to 2.064 million tonnes* 92% increase in contained Dysprosium oxide* * Compared to June 2018 Ore Reserves 8
Slide 9: Lynas continues to invest to meet customer needs and grow with the market
Lynas continues to invest to meet customer needs and grow with the market Texas, U.S. For personal use only Malaysia Facility Separation & finishing Facility Processing & separation Product LRE, HRE Product LRE, SEGH, Dy, Tb Planned project Operational (expansion & DY/Tb Status (2025 – 2026 expected
Slide 10: Mt Weld Expansion, New Kalgoorlie Rare Earths Processing Facility, Kuantan Facility Expansion
For personal use only Mt Weld Expansion New Kalgoorlie Rare Earths Kuantan Facility Expansion Processing Facility Over $1.5 billion in expansion capital including over $1.3 billion invested in the WA Goldfields region 10
Slide 11: Mt Weld mining and expansion progress
Mt Weld mining and expansion progress For personal use only Works commenced on Carey Group commenced Stage 1 construction Construction of Stage 2 approx. 65MW gas-firmed continuous mining complete and (balance of plant) underway hybrid renewable power operations in June quarter commissioning commenc
Slide 12: Ramp up in progress at Kalgoorlie Rare Earths Processing Facility
Ramp up in progress at Kalgoorlie Rare Earths Processing Facility For personal use only Ramp up aligned to increased First shipment of MREC Focus on efficiency and Mt Weld production and dispatched to Lynas Malaysia initiatives to improve cost market demand June quarter 2024 competitiveness 1212 Pho
Slide 13: Lynas Malaysia to produce separated Dy and Tb
Lynas Malaysia to produce separated Dy and Tb For personal use only Circuits reconfigured for MREC receival facility Initial delivery of MREC 9Kt NdPr production Targeting first production completed and from Kalgoorlie received capacity with ramp up in of Dy & Tb in CY2025 commissioned and processed
Slide 14: Delivering on our ESG Commitments
Delivering on our ESG Commitments Focus on people and communities For personal use only • NAIDOC Week youth and sports community events • Partnering with Kalgoorlie-Boulder Urban Landcare Group • Curtin University’s Moorditj Yorga Scholarship Program • Contributions of essential supplies and resourc
Slide 15: Lynas – Set for growth
Lynas – Set for growth For personal use only Mineral Resource & Ore Reserve Update New operating footprint New products Expanded capacity Unrelenting focus on efficiencies 15
Slide 16: Visit us at LynasRareEarths.com
For personal use only Visit us at LynasRareEarths.com 16
Slide 17: Appendix A: JORC Compliance and Competent Person's Statement
Appendix A: JORC Compliance and Competent Person’s Statement For personal use only Exploration Results The information in this report is based on, and fairly represents information and supporting documentation jointly prepared by Marcelle Watson, Geology Manager, and Dr. Ganesh Bhat, Principal Resou
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