ABX GROUP LIMITED — Investor Presentation 2021

Jun 21, 2021

ASX Announcement 22 June 2021 Page 1

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CEO Presentation at Gold Coast Investment Showcase

In accordance with the requirements of Listing Rule 3.1 we submit the attached material being presented at the Gold Coast Investment Showcase being held at the Ruby Spa - Surfers Paradise Marriott Resort & Spa, Level 1/158 Ferny Ave, Surfers Paradise QLD on 23 June 2021.

Mr Ian Levy, CEO is making the presentation at 12.30 pm on Wednesday 23 June 2021.

Shareholders and the public are welcome to attend our exhibition and presentation.

For further information please contact:

Ian Levy, CEO and MD Australian Bauxite Limited

Telephone: +61 (0) 2 9251 7177 Mobile: +61 (0) 407 189 122

ASX Release authorised by Ian Levy, CEO and MD

Australian Bauxite Limited

ABx

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Rare earth elements
Exploration
discovery
Technology
Shipments Production
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L5 52 Phillip Street Sydney 2000 Australia Phone: +61 2 9251 7177

E: corporate@australianbauxite.com.au

Ian Levy CEO Mobile: +61 407 189 122

E: ilevy@australianbauxite.com.au

Cor orate Overview p

ASX code ABX

ASX codeABX	ASX codeABX									.0 .5 .0 .5 oume m
Listed		24 Dec 2009 @ $0.20
Current Issued shares		182 million
Options		31.5 million @ $0.20
52 week range		$0.8-$0.155
Average daily volume		200,000
Market cap (@ $0.115)		$19.1 million
Cash @ 20 June ’21		$3.3 m		illion
Shareholders			1,864
Board of Directors & Management
Paul Lennon1	Chairman
Ian Levy	ManagingDirector & CEO
						Major Shareholders Shares % Justevian Pty Limited 5.9 m 3.2 Yarraandoo Pty Ltd 5.6 m 3.1 WSF Pty Ltd 5.2 m 2.9 Top 20 shareholders 60.5 m 33.3 Remainder 121.3 m 66.7
						Major Shareholders	Shares	%
Ken Boundy 2	Non-Executive Director
HenryKinstlinger	CompanySecretary					Justevian Pty Limited	5.9 m	3.2
Leon Hawker	Chief OperatingOfficer					Yarraandoo Pty Ltd	5.6 m	3.1
Paul Glover	Logistics & Exploration					WSF Pty Ltd	5.2 m	2.9
Dr Mark Cooksey 3	CEO Alcore Limited					Top 20 shareholders	60.5 m	33.3
1 Ex-Premier of Tasmania 2 Investor in Tasmania tourism industry. Holds senior public positions 3 Ex-Rio Tinto Alcan & Ex-CSIRO Minerals
						Remainder	121.3 m	66.7
						Resources = 137 million tonnes bauxite

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Forward Looking Statement

Whilst based on information from sources considered reliable, Australian Bauxite Limited ( ABx ), its directors, employees and consultants do not represent, warrant or guarantee, expressly or impliedly, that the information in this document and presentation is complete or accurate. To the maximum extent permitted by law, ABx disclaims any responsibility to inform any recipient of this document and presentation of any matter that subsequently comes to its notice, which may affect any of the information contained in this document and presentation.

Competent Person Statement

Information herein relating to Exploration Results, Mineral Resources and Exploration Targets is based on information compiled by Ian Levy BSc, MSc, who is a Fellow of the Australasian Institute of Mining and Metallurgy and a Fellow of the Australian Institute of Geoscientists. Mr Levy is employed by ABx as Chief Executive Officer. Mr Levy has more than five years experience relevant to the style of mineralisation and type of deposit being reported and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the JORC Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. This report is issued with the prior written consent of the Competent Person as to the form and context in which it appears.

The information in this report relating to Mineral Resources was prepared and first disclosed under the JORC Code 2004. It has not been updated since to comply with the JORC Code 2012 on the basis that the information has not materially changed since it was last reported.

Direct Shipping Ore

In this presentation all references to direct shipping ore (DSO) refers to the company’s exploration objective of defining DSO grade mineralisation. The potential quantity and grade of exploration targets is conceptual in nature, there has been insufficient exploration to define a Mineral Resource and it is uncertain if further exploration will result in the determination of a Mineral Resource.

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Business Focus 2021-22

Australian technology to make Aluminium Fluoride “AlF3”

• Alcore’s $1.5 million Pilot Plant & design production plant. Build in 2022.

• Alcore will be Australia’s first producer of aluminium fluoride AlF3 which is an essential strategic ingredient in Aluminium Smelting. There are no substitutes.

• Australia is the only significant Aluminium producer without an AlF3 plant

• Chinese sales of AlF3 to Australia have been reduced to zero

ABx Rare Earth Elements Discovery (“REE”)

• $300,000 drilling campaign to confirm ABx’s large REE province, Tasmania

• Super Magnet REEs for electric vehicles, wind turbines, phones & military

• Water soluble REE can be mined cheaply, quickly, if proved to be eco-safe

• ABx’s environmental excellence & R&D will help ABx deliver this REE project

2 New Bauxite Mines – Tas & QLD

• New long-term mine in Tasmania to produce cement-grade bauxite

• New 20-year bauxite mine at Binjour, 115km inland of Bundaberg QLD fully funded by Indian bauxite producer partner to supply aluminium industries in India, China and Australia

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AlF3 Markets Strong

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Aluminium Fluoride AlF3 Chinese Export Prices & Tonnes Source: Chinese Customs Key market issues
$2,000 20,000
2020 : Australasia
$1,800 18,000
imported 26,352 tonnes
$1,600 16,000
$1,400 AlF3 Price/t 14,000 AlF3 from China @
US$1,192/t
$1,200 12,000
$1,000 10,000 2021 : Chinese supply
fell to ZERO
$800 8,000
$600 6,000
Tonnes From
$400 4,000 Australasia must
China (right axis)
$200 2,000 become self-sufficient in
$0 0 AlF3 to avoid smelter
Jan-12 Jan-13 Jan-14 Jan-15 Jan-16 Jan-17 Jan-18 Jan-19 Jan-20 Jan-21 closures
Tonnes per month
Export Price US$/tonne FOB China
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AlF
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• Alcore costs US$600 to US$800/t AlF3

• Long-term price ~US$1,200/t AlF3  US$400 to US$600/t operating margin

• Capex $20 million for initial 10,000 tpa module

• Initial 10,000 tpa plant can achieve EBITDA $5m to $8m pa

• 60,000 tpa final plant can achieve EBITDA $50m pa

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Alcore strategically important

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Aluminium Recycle Wastes Aluminium wastes fluoride Fluoride

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Alcore’s $2.5 million AlF3 research lab

Alcore low cost producer: US$/t AlF3

$1,500 Alcore costs $1,000

Security of supply for Australasia

$500

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400 600 800 Cumulative production (kt)

200

0

1,000

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Source: Roskill

ABx’s Super-Magnets REE markets strong

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Discovery
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Bell Bay Port
REE Discoveries DL-130
& Rubble Flat Projects Launceston
Fingal Rail Bauxite Mine Project
Campbell Town
Tasmania
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Mining
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& Rehabilitation
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Screening & blending
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Hobart
LEGEND
ABx Bauxite Lease
Major Export Port
Aluminium Smelter
Coal Mines
Major Roads N
Rail Lines 0 kilometres 100
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Bell Bay export port
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Key issues

Super-magnet REE elements are essential for electric vehicles, wind turbines, smart phones & military. China controls REE markets Australia emerging fast

ABx discovered main supermagnet REE Neodymium Nd in its Nth Tas bauxite areas

ABx’s REE is water-soluble, recoverable by heap leaching or by in-situ leaching if ecofriendly

ABx’s environmental excellence will help deliver

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ABx’s REE exploration potential is expanding

301ppm Nd2O3 1100ppm REE Target 2 Target 1

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ABx’s REE occurs in this
hardwood plantation
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: ABx’s Strategy is

1. Explore for Neodymium Nd

2. Water-soluble REE deposits for quick, low cost development

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Ore
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1. In suitable land settings

2. Honour ABx’s paramount policy to leave land better & only operate where welcome

Production well

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Bauxite:

New ABx mine in Tasmania 2021 QLD Project 2021-22

Total ABx Bauxite Resources 137 million tonnes

3[rd] Project QLD Binjour Bauxite ML Application Production 2022

Penrose Refractory Grade

NEW: Rare Earth Elements

1[st] Mine Tasmania 2[nd] Mine Tasmania for long-term supply

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Binjour Project, QLD: ABx’s largest deposit

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Shipping from Bundaberg has no reef impact . Barge-load 110,000t ships.

QLD’s best trihydrate gibbsite bauxite 37m tonnes resource Target product: +44% Al2O3 & -5% SiO2

$15-$20m project funded by 50:50 JV partner Rawmin

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Rehabilitation to high standard

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Bald Hill Mine Workings

Bald Hill mined out area 2 years later

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Good Landholder Relations

PARAMOUNT POLICY: ABx endorses best practices on agricultural land to leave land and environment better than we find it. We only operate where we are welcomed

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