Northern Minerals Limited · ASX:NTU
Northern Minerals — Shareholder Meeting (November 2024)
15 slides from Northern Minerals's shareholder meeting presentation, Nov 29, 2024
Slide 1: Chairmans address and AGM presentation
ASX Announcement 29 November 2024 Chairmans address and AGM presentation Attached are the following which will be delivered at the Company’s Annual General Meeting being held today at 10:00am ( Perth time). • Chairmans address • Managing Directors Presentation For personal use only Authorised by the
Slide 2: Chairman's Address to the 2024 Annual General Meeting
Mr Adam Handley – Executive Chairman Chairman’s Address to the Northern Minerals 2024 Annual General Meeting I acknowledge that we held the postponed 2023 AGM only in June of this year. So even though we are today signing off on the full financial year to 30 June 2024, I will focus my address on eve
Slide 3: Chairman's Address (continued)
The Board has also appointed an independent remuneration consultant to undertake a benchmarking exercise of the Company’s Remuneration Policy, structure and compensation levels. This was a commitment I gave five months ago, at the last AGM, and I look forward to updating shareholders on the results
Slide 4: 2024 Annual General Meeting Managing Director Presentation
For personal use only 2024 Annual General Meeting Managing Director Presentation 29 NOVEMBER 2024 ASX:NTU
Slide 5: Important Information
Important Information This Managing Director presentation (“Presentation”) is dated 29 November 2024 and has been prepared by Northern Minerals Limited (ACN 119 966 353) (“NTU”, “Northern Minerals” or the “Company”). By attending a presentation or briefing, or accepting, accessing or reviewing this
Slide 6: Company Highlights
Company Highlights DEVELOPING A WORLD CLASS HEAVY RARE EARTH ASSET WITH SIGNIFICANT EXPLORATION UPSIDE For personal use only Globally significant heavy rare earth project ▶ Wolverine is the highest known grade Dy/Tb deposit1 ▶ Recent drilling results confirm significant high-grade mineralisation at
Slide 7: Browns Range HRE Project
Browns Range HRE Project UNDERPINNED BY THE WOLVERINE DEPOSIT, THE HIGHEST KNOWN GRADE Dy AND Tb DEPOSIT 1 For personal use only High Value • Mining and processing at site to produce c. 25% Concentrate TREO concentrate rich in heavy rare earths Exploration • Recent drilling results confirm deposit i
Slide 8: Review of Operations
Review of Operations CRITICAL WORKSTREAMS ON TRACK FOR FINAL DFS 1 , TARGET GENERATIVE EXPLORATION COMMENCED For personal use only Mineral Resource estimate (MRe) update being completed following completion of resource definition drilling program. Final mine design and scheduling, cave flow modeling
Slide 9: Environmental, Social and Governance
Environmental, Social and Governance NTU’S COLLABORATIVE APPROACH TO SOCIAL AND ENVIRONMENTAL RESPONSIBILITY For personal use only Environmental mapping Comprehensive Rehabilitation trial of pilot Employee Safety Climate studies to avoid or minimise archaeological heritage and plant waste rock landf
Slide 10: Equity Raise
Equity Raise COMPLETION OF SEPTEMBER 2024 CAPITAL RAISE FOR ONGOING WORKING AND DEVELOPMENT CAPITAL For personal use only • Strongly supported by existing and new institutional and sophisticated investors Placement Offer • $43 million raised before costs (~2,263 million new shares) via two-tranche P
Slide 11: Regional Exploration Program
Regional Exploration Program EXPANSION OF EXPLORATION STRATEGY TO COVER ENTIRE TENEMENT PORTFOLIO For personal use only Program to expand exploration area over Browns Range Dome Western Australia (BRD-WA), Browns Range Dome Northern Territory (BRD-NT) and Coomarie Dome (CD) Systematic work progr
Slide 12: Market Outlook
Market Outlook EMERGING SUPPLY DEFICIT FOR DY/TB DRIVEN BY STRONG DEMAND OUTLOOK FOR NdFeB MAGNETS For personal use only Challenging short term outlook Dy and Tb oxide historical and forecast demand1 kt 12 ▶ REE prices moving sideways 10 Others ▶ Concentration of supply and opacity of market Air mob
Slide 13: Work Programs
Work Programs PRIORITIES FOR THE NEXT 12 MONTHS For personal use only Technical Funding Social & Environmental Mineral Resource estimate update Progress financing discussions with NAIF Maintain and progress regulatory and EFA compliance and permitting Mine design, scheduling and cave flow modelling
Slide 14: Our Office / Contact Us
OUR OFFICE For personal use only Northern Minerals Limited Ground Floor, 40 Kings Park Road West Perth, Western Australia, 6005 Australia VISIT US ONLINE www.northernminerals.com.au LinkedIn: Northern-Minerals Facebook: NorthernMineralsNTU X: NorthernMins CONTACT US Phone: + 61 8 9481 2344 invest@no
Slide 15: Appendix B: Mineral Resource
Appendix B: Mineral Resource GLOBAL MINERAL RESOURCE BROWNS RANGE HEAVY RARE EARTHS ESTIMATE (OCTOBER 2022) 1,2 PROJECT OVERVIEW For personal use only TREO Dy2O3 Y2O3 Tb4O7 HREO TREO Deposit Classification Mt % kg/t kg/t kg/t % kg • The Project is located in the East Kimberley region of Western Aust
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