ASX ANNOUNCEMENT
AUSTMINE FUNCTION PRESENTATION
25 May 2022
Arafura Resources Limited (ASX:ARU) ("Arafura" or the "Company") is please to attach a copy of its presentation
for the Austmine CEO Leadership | Luncheon. Mr Mark Southey, Chairman presented on the topic |
"Arafura- Reshaping the Critical Minerals Supply Chain". | |
only | |
-ENDS- | |
For further information contact: | Media Enquiries: |
Gavin Lockyer | Anthony Hasluck |
Managing Director | Clarity Communications |
use | +61 438 522 194 |
+61 8 6370 2800 | |
Authorised by: | |
personalFor | |
Catherine Huynh |
Company Secretary
Arafura Resources Limited | ABN: 22 080 933 455
Level 6, 432 Murray St, Perth WA 6000
PO Box 5773, St Georges Terrace, Perth WA 6831
T: +61 8 6370 2800 | W: www.arultd.com | E: arafura@arultd.com
Arafura - Reshaping | |
the Critical Minerals | |
only | |
Supply Chain | |
ersonal use | Austmine Event |
May 2022 | |
24/05/2022
(ASX:ARU)
1
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Disclaimer | 24/05/2022 | |
This presentation has been prepared by Arafura Resources Limited (Arafura, Arafura Resources or the Company) and is of a summary form only and therefore contains general background | ||
information which may not be complete. It should be read in conjunction with, and full review made of Arafura Resources' disclosures and releases lodged with the Australian Securities | ||
Exchange (ASX) and available at www.asx.com.au. | ||
This presentation contains certain statements which may constitute "forward-looking statements." Such statements are only expectations or beliefs and are subject to inherent risks and | ||
uncertainties which could cause actual values, results or performance achievements to differ materially from those expressed or implied in this presentation. No representation or warranty, | ||
express or implied is made by Arafura Resources that any forward-looking statement contained in this presentation will occur, be achieved or prove to be correct. You are cautioned against | ||
relying upon any forward-looking statement. | ||
Except for statutory liability which cannot be excluded, each of Arafura Resources and its related body corporates and their officers, employees and advisers expressly disclaims any | ||
responsibility for the accuracy or completeness of the material contained in this presentation and excludes all liability whatsoever (including in negligence) for any loss or damage which may | ||
be suffered by any person as a consequence of any information in this presentation or any error in it or omission from it. Arafura Resources accepts no responsibility to update any person | ||
regarding any inaccuracy, omission or change in information in this presentation or any other information made available to a person, nor any obligation to furnish the person with any | ||
further information. | ||
This presentation does not constitute an offer of any securities in Arafura Resources, in any jurisdiction, nor an invitation to apply for such securities, in any jurisdiction, and will not form part | ||
of any contract for the acquisition of Arafura shares. This presentation does not provide investment advice or financial product advice. You should obtain professional advice and carry out | ||
your own independent investigations and assessment of the information in this presentation (including any assumptions) before acting. | ||
Information in this presentation which is attributed to a third-party source has not been checked or verified by Arafura Resources. | ||
Mineral Resources and Ore Reserves | ||
The information in this presentation that relates to Mineral Resources is extracted from the Company's ASX announcement dated 7 June 2017 (Detailed Resource Assessment Completed) | ||
and was completed in accordance with the guidelines of the JORC Code (2012). The information in this presentation that relates to Ore Reserves is extracted from the Company's ASX | ||
announcement dated 16 March 2020 (Major Increase in Mine Life for the Nolans Project) and was completed in accordance with the guidelines of the JORC Code (2012). Arafura Resources | ||
confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and that all material assumptions and | ||
technical parameters underpinning the estimates in the original market announcements continue to apply and have not materially changed. Arafura Resources confirms that the form and | ||
context in which the Competent Person's findings are presented have not been materially modified from the original market announcements. | ||
Production Targets and Forecast Financial Information | ||
The information in this presentation that relates to production targets and financial information is extracted from the Company's ASX announcement dated 11 May 2021 (Nolans Project | ||
Update). The production target is based on 12% Proved Reserves, 62% Probable Reserves and 26% inferred resources as reported in the Company's ASX announcement dated 11 May 2021. | ||
There is a low level of geological confidence associated with inferred mineral resources and there is no certainty that further exploration work will result in the determination of indicated | ||
mineral resources or that the production target itself will be realised. Arafura confirms that all material assumptions underpinning the production target and forecast financial information (ASX:ARU) |
derived from the production target set out in the Company's ASX announcement dated 11 May 2021 (including any assumptions referred to in the Company's ASX announcement dated 11 | |
May 2021 that were used from the DFS as set out in the Company's ASX announcement dated 7 February 2019 (Nolans Project Definitive Feasibility Study) or from the Updated Mining Study | 2 |
as set out in the Company's ASX announcement dated 16 March 2020 (Major Increase in Mine Life for the Nolans Project)), continue to apply and have not materially changed. | |
Corporate Snapshot
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Nolans is a shovel-ready world class NdPr project in the Northern Territory
NdPr is the key input for high
performance NdFeB permanent magnets
Production is aligned with forecast supply shortage
Capital Structure
ASX Code | ARU |
ASX Share Price (20 May 2022) | $0.385 |
Shares on Issue | 1,550m |
Market Capitalisation | $565.91m |
12 Month Liquidity | $367.39m |
Cash* | $33.50m |
Debt | Nil |
Enterprise Value* | $563.41m |
*Data based on 31 March 2022 Quarterly Report
24/05/2022
Arafura's Vision |
To be the trusted, leading rare |
ersonal |
earths partner of customers in the high impact technologies and enduringly lift the sustainability of our planet
Share Price Performance | |||||||
(May 2021 to May 2022) | |||||||
50 | Price (AUD) | $0.50 | |||||
45 | $0.45 | shareper A$ | |||||
Volume | |||||||
Volume(m) | 40 | $0.40 | |||||
35 | $0.35 | ||||||
10 | $0.10 | ||||||
30 | $0.30 | ||||||
25 | $0.25 | ||||||
20 | $0.20 | ||||||
15 | $0.15 | ||||||
5 | $0.05 | ||||||
(ASX:ARU) | |||||||
0 | $- | ||||||
May-21Jun-21Jul-21Aug-21Sep-21Oct-21Nov-21Dec-21Jan-22Feb-22Mar-22Apr-22May-22
3
Nolans Project | The Nolans Project | 24/05/2022 | |||||||
contains all the Rare | |||||||||
is the only NdPr focused project in Australia | Earths but is particularly | ||||||||
only | that plans to | enriched in the 'Magnet | |||||||
mine and process ore to oxideat a single | Feed' Rare Earths NdPr | ||||||||
site. | 60 | 59 | Pr | ||||||
Nd | |||||||||
NEODYMIUM | PRASEODYMIUM | ||||||||
use | |||||||||
The fastest growing market for NdPr Oxide is in NdFeB Magnets. They help make everyday | |||||||||
items smaller, lighter, mobile, more efficient and more affordable. | |||||||||
ersonal | ELECTRIC | ||||||||
WIND | ROBOTS | MRI | PHONES & | (ASX:ARU) | |||||
TURBINES | VEHICLES | MACHINES | TABLETS | 4 | |||||
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Arafura Resources Ltd. published this content on 25 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 May 2022 02:12:03 UTC.