Lindian Resources Limited| ASX: LIN | www.lindianresources.com.au | ACN 090 772 222 Kangankunde Rare Earths Project Iluka Eneabba Rare Earths Refinery For personal use only Not for release to US wire services or distribution in the United States Kangankunde Rare Earths Project Corporate Presentation Institutional Placement and Final Investment Decision 20 August 2025 Lindian Resources Limited| ASX: LIN | www.lindianresources.com.au | ACN 090 772 222 11 IMPORTANT INFORMATION Disclaimer The material in this p ...

How Europe is vying for rare earth independence from China https://t.co/xgCzsn5lKx ...

Core Insights - Quantum Critical Metals Corp. has completed additional research on its Quest critical mineral property in the Lake Chapiteau region of Québec, enhancing its strategic resource portfolio [1][2][18] - The property hosts critical and rare earth elements, with significant historical anomalous values reported for various elements [2][4] Company Developments - The company has staked an additional claim cell adjacent to its current one to expand exploration potential for rare earth elements [3] - An anomalous sample collected within the claim boundaries showed 20% Total Rare Earth Elements (TREE), with 8.7% being light rare earth elements (TLREE) and 11.3% being total heavy rare earth elements (THREE) [4] - The sample also contained notable amounts of gallium (226 gpt), germanium (78 gpt), and beryllium (15,060 gpt) [4] Industry Context - Recent geopolitical developments, including China's export restrictions on rare earth elements, have heightened concerns over supply chain security for critical minerals [7][16] - The U.S. and China reached a new trade framework to resume the supply of rare earth minerals, emphasizing the need for domestic development of rare earth mining and processing [9] - The demand for critical minerals, including gallium, is projected to grow due to their essential roles in modern technologies such as semiconductors and renewable energy [13][19]

Trump officials met with top technology and recycling companies to discuss ways to quickly ramp up production of permanent magnets using rare earth elements, which have emerged as a key point of leverage in the trade war with China https://t.co/z4tjKfRjFq ...

Company Overview - MP Materials is the only vertically integrated rare earth producer in the United States, primarily mining and processing rare earth elements at its Mountain Pass, California site [1] - The company focuses on Neodymium-Praseodymium (NdPr), which is crucial for high-strength permanent magnets used in electric vehicles, wind turbines, and consumer electronics [1] Recent Investments - The Department of Defense (DoD) awarded MP Materials a contract that includes a $400 million investment in preferred stock and a $150 million loan to expand processing capabilities [2] - Apple announced a $500 million investment in MP Materials to purchase American-made rare earth magnets and assist in establishing a rare earth recycling line [3] Stock Performance - Following the DoD contract, MP shares surged 50% in one trading session, with trading volumes reaching seven times the norm, and later jumped another 20% after the Apple investment news [4] - MP shares have more than doubled over the past month, forming a high-tight flag pattern, which historically indicates potential for robust gains [4] Market Position - MP Materials holds a monopoly on domestic US rare earth mining and production, positioning the company to benefit from significant investments from the DoD and Apple [8]

These feeds here, each of these bags hold two metric tons of monazite and they're 50 plus percent rare earth oxide. So a very, very high value feedstock here. Here at the White Mesa mill in Utah, mineral company Energy Fuels is processing rare earth elements. These materials are crucial to modern-day technology. Rare earths refer to 17 elements on the periodic table whose atomic structure gives them special magnetic properties. Rare earth magnets power everything from electric vehicles and wind turbines to ...

Let's get to a move before we get out of here in our AB block today. Um, speaking of a stock that has ridden the market wave, um, MP Materials, Jim Leventhal, um, it's up 50% in a month. It's up 105% in 6 months. It's up 158% in 12 months.And you are selling it. This was my trade war play. Uh, and it played out.I I said when I bought it, this was a strategic play on China, rare earth elements. that story's played out. I think this is a fabulous company.I think that it will do well as a company over the comi ...

Financial Data and Key Metrics Changes - MIND's first quarter revenues from marine technology product sales totaled $7.9 million, down approximately 18% year-over-year due to the timing of $5.5 million in orders that were unable to be delivered before quarter-end [17][18] - First quarter gross profit was $3.3 million, representing a gross profit margin of 42%, impacted by lower revenue and less cost absorption [19] - The company reported a net loss of approximately $970,000 for the first quarter, compared to net income of $954,000 in the same quarter a year ago [22] Business Line Data and Key Metrics Changes - The aftermarket activity represented approximately 71% of revenues in the first quarter, significantly higher than the historical average of 40%, due to deferrals in system sales [13] - Marine Technology product revenues were affected by the delivery delays, which are expected to be resolved in the second quarter [17][18] Market Data and Key Metrics Changes - The backlog of firm orders as of April 30, 2025, was approximately $21 million, an increase from $16.2 million as of January 31, 2025 [9] - The company continues to see strength in all key markets, with a favorable customer demand environment expected to improve results for the remainder of fiscal 2026 [18] Company Strategy and Development Direction - MIND is focused on optimizing its supply chain to manage lead times and meet customer delivery requirements, which is expected to enhance financial results [7][8] - The company is exploring innovative ways to expand and repurpose existing technology for new applications, aiming to enhance shareholder value [24][27] Management's Comments on Operating Environment and Future Outlook - Management remains optimistic about the balance of the fiscal year despite the first quarter shortfall, expecting improved performance in the second quarter [7][28] - The macro environment is seen as advantageous for MIND, with strong demand for marine technology products across various industries [28] Other Important Information - The company has a clean, debt-free balance sheet following the conversion of preferred stock to common stock, enhancing financial flexibility [23] - MIND is in the final stages of expanding its facility in Huntsville, Texas, which is expected to contribute significantly to revenue in the future [13] Q&A Session Summary Question: Have the $5.5 million delayed deliveries been completed? - Partially delivered, with one large system and a few other orders still pending [34][36] Question: What is the expected impact of the tax loss carryforwards? - Approximately $80 million in net operating loss carryforwards could be utilized, but generating U.S. income is necessary to unlock that value [40][42] Question: Are there new opportunities in deep-sea mining? - Existing and potential customers are looking to expand their exploration efforts, which aligns with MIND's product offerings [46][47] Question: What is the status of master supply agreements? - MIND currently has master supply agreements with larger customers, facilitating quicker order processing [48][50] Question: What is the expected revenue from the expanded Texas facility? - The facility expansion is expected to generate several million dollars a year in additional revenue [67] Question: How is the company addressing new business lines? - MIND is actively looking to expand its offerings to existing and new customers, which is part of its strategic focus [73]

Company Overview - Ramaco Resources, a small coal miner based in Kentucky, has discovered a significant deposit of rare earth elements at its Brook Mine in Wyoming, which it purchased for $2 million [2][3] - The company has a market capitalization of $571 million and primarily mines coal for steel production in West Virginia and Virginia [3] Discovery and Potential Impact - The Brook Mine is estimated to contain up to 1.7 million tons of rare earth oxides, which could significantly alter the company's fortunes [2] - This discovery aligns with U.S. efforts to reduce dependence on China for rare earth elements, which are critical for national defense [3][4] National Security and Supply Chain - The U.S. relied on foreign countries for approximately 10,000 metric tons of rare earths in 2023, with China accounting for 70% of imports [4] - Ramaco's Brook Mine could help alleviate a national strategic supply shortfall of rare earths and critical minerals, allowing the U.S. to process its ores domestically [5] Production Capacity - The Brook Mine is projected to produce an estimated 1,400 metric tons of rare earth elements annually, marking the first new rare earth facility in the U.S. in over 70 years [5]

Core Viewpoint - Energy Fuels Inc. is expected to report a significant decline in revenues and incur a loss in its first-quarter 2025 results, with a consensus revenue estimate of $15.20 million, reflecting a 40% decrease from the previous year's $25.43 million [1][2]. Financial Performance - The consensus estimate for earnings is a loss of 5 cents per share, unchanged over the past 60 days, compared to earnings of 2 cents per share in the same quarter last year [2][3]. - Energy Fuels has a trailing four-quarter negative earnings surprise of 2.22%, having beaten estimates once, missed twice, and matched once [4]. Production and Sales - The company is currently producing from three uranium mines and expects to produce between 730,000 to 1,170,000 pounds of contained uranium in 2025, with contract sales anticipated at 200,000 to 300,000 pounds [8]. - In the first quarter of 2024, Energy Fuels sold 300,000 pounds of uranium, generating $25.31 million in revenues at an average realized price of $84.38 per pound [10]. - Uranium prices have declined, averaging $66.18 per pound in the January-March 2025 period, down 30% year over year [11]. Market Context - The company has resumed ore transport from its Pinyon mine following a landmark agreement with the Navajo Nation, which is expected to positively impact production rates [9]. - The acquisition of Base Resources is expected to contribute to revenues, although recurring operating expenses and increased headcount costs may weigh on earnings [12][13]. Peer Comparison - Cameco Corporation reported a 24% year-over-year revenue increase to $550 million for the first quarter of 2025, while Centrus Energy is expected to incur a loss of 10 cents per share [14][16]. - Energy Fuels' stock has declined 23.2% over the past year, compared to a 29% decline in the industry and a 10% decline in the Zacks Basic Materials sector [18]. Valuation - Energy Fuels is trading at a forward sales multiple of 8.89, significantly higher than the industry average of 2.57, but lower than Uranium Energy's 25.6 [24][25]. - The company maintains a debt-free balance sheet and is ramping up uranium production while advancing its rare earth element capabilities [28]. Investment Outlook - Despite expected lower uranium sales and prices in the upcoming quarter, there are indications of a potential recovery in uranium prices, supported by solid demand fundamentals [31]. - Current investors may consider holding due to long-term prospects, while prospective investors might wait for a more favorable entry point given the premium valuation and anticipated losses [32].