Iluka Resources Limited · ASX:ILU
Iluka Resources — Investor Presentation (2013)
77 slides from Iluka Resources's investor presentation, 2013
Slide 1: Iluka Investor Relations Guide
LY ILUKA Investor Relations Guide , \ Hh AL COMPANY OVERVIEW SALES} | AND MARKETING RESOURCE BASE AND OPERATIONS
Slide 2: Disclaimer: Forward Looking Statements
nvestor Relations Guide This application forms a component of Iluka’s website content. For complete information in the public domain go to www.iluka.com DISCLAIMER Forward Looking Statements This application contains certain statements which constitute “forward-looking statements’. These statements
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Slide 4: Iluka Attributes
ILUKA ATTRIBUTES Market capitalisation Industry sector 2011 – 2013 range A$3.0 to A$8.0 billion ASX Materials (based on 418.7 million shares) Ranked in top 5 resource companies in Australia (as at July 2013) Ranked in ASX 50-100 during this period One of few globally listed mineral sands companies i
Slide 5: Urbanisation, Increasing Array of Applications, Consumption Led Growth
URBANISATION INCREASING ARRAY OF APPLICATIONS CONSUMPTION LED GROWTH
Slide 6: Urbanisation: China Urban Residential Floor Space
Billion square China Urban Residential Floor Space Large increases in urban population and floor space are forecast for 40 developing countries. McKinsey Global Institute forecast that between 2010 and 2025, urban areas will add the equivalent of 85 per cent of current total floor space. This equate
Slide 7: Increasing Array of Applications
INCREASING ARRAY OF APPLICATIONS Zircon Chemicals Applications Titanium Metal Applications Catalytic converters Desalinations plants Nuclear fuel rods Offshore oil and gas components Oxygen and pressure sensors Power plant cooling systems Fibre optic Aerospace Electrical motherboards and capacitors
Slide 8: Consumption Led Growth
CONSUMPTION LED GROWTH Many developing economies are now moving from investment to consumption based economic growth. Demand growth for mineral sands bearing products, including motor vehicles, white goods, house paint and ceramic tiles, may be considered mid to late cycle. That is, demand grows str
Slide 9: Company and Shareholder Alignment
COMPANY AND SHAREHOLDER ALIGNMENT There is a strong and consistent focus on generating an internal alignment with and recognition of shareholder interests. INVESTMENT PROPOSITION Key internal focus - profitability, sustainability and growth Long term incentives Financial performance and incentives l
Slide 10: Technical and Resource Differentiation
TECHNICAL AND RESOURCE DIFFERENTIATION Operations Globally integrated operations located in lower risk jurisdictions Over 40 years mineral sands exploration, mining, processing and metallurgy operational experience Highly skilled operators and extensive technical knowledge base in an industry with l
Slide 11: Capital Management and Dividends Framework
CAPITAL MANAGEMENT AND DIVIDENDS FRAMEWORK Iluka’s capital management approach is focused on maximising returns to shareholders while maintaining a robust balance INVESTMENT PROPOSITION sheet through the cycle. This is currently achieved via dividend payments to shareholders. Iluka will, where appro
Slide 12: Balance Sheet
BALANCE SHEET Iluka’s capital management strategy is focused on maximising total shareholder returns through an appropriate balance of payments via dividends and investment in growth opportunities. Maintaining a robust balance sheet through the cycle is integral DEBT PROFILE AND BALANCE SHEET CAPACI
Slide 13: Company Overview
COMPANY OVERVIEW Iluka Resources is a leading mineral sands producer and is ranked in the top 5* Australian resource companies. Iluka is involved in mineral sands exploration, Project development, mining and processing, marketing and technology and innovation. Company Evolution Global Operations Boa
Slide 14: Company Evolution
Following appointment of David Robb as Managing Director in late 2006 Performance management objectives aligned to shareholder objectives Short and long term incentives aligned to shareholder value creation Integrated business planning and decision making processes Balance sheet recapitalisation – d
Slide 15: Global Operations
GLOBAL OPERATIONS North America Netherlands Belgium Europe US operations Newcastle Spain Qingdao Delaware China Nashville China Jacksonville Virginia Shanghai China Dubai Xiamen China Ho Chi Minh City Sri Lanka Vietnam Malaysia Rio de Janeiro Mining Australian Area C operations Durban Perth Perth Ba
Slide 16: Board and Executive Team
BOARD AND EXECUTIVE TEAM GREG MARTIN BEc, LLB, FAIM, MAICD Chairman Board Australian Gas Light Company Ltd, Challenger Financial Services Group, Murchison Metals Ltd GAVIN REZOS JENNIFER SEABROOK DAVID ROBB WAYNE OSBORN STEPHEN TURNER JAMES RANCK BA, LLB, B.Juris, MAICD BCom, ACA, FAICD BSc, Grad Di
Slide 17: Governance Principles
GOVERNANCE PRINCIPLES The Board comprises seven non-executive (independent) Directors and one Executive Director (The Managing Director and CEO). Iluka considers that it meets and exceeds each of the requirements of the Australian Securities Exchange (ASX) Corporate Governance Council’s Corporate Pr
Slide 18: Risk Management Approach
RISK MANAGEMENT APPROACH Iluka maintains a whole of business approach to the management of risks. This approach allows both opportunities and threats to be identified and managed effectively. Iluka’s risk management objectives are: to ensure hazards are identified and the risks appropriately managed
Slide 19: Sustainability Principles and Initiatives
SUSTAINABILITY PRINCIPLES AND INITIATIVES Iluka is committed to operating in a sustainable and socially responsible manner. The company’s sustainable commitments can be seen in three main areas: Environment Iluka has a commitment to the sustainable usage of natural resources and effective rehabilita
Slide 20: Corporate Details
CORPORATE DETAILS Iluka Resources Limited ABN: 34 008 675 018 Australian Securities listing Iluka’s shares are listed on the Australian Securities Exchange Limited (ASX). The company is listed as “Iluka” with an ASX code of ILU. The company had 418.7 million shares on issue as at 31 December 2012. R
Slide 21: Resource Base and Operations Overview
Reserves and Resources Operations Overview Stages of mining and processing Mining Area C cs) ; + Teapot of Zircon and titanium Wowie produce wet intege: ted mining and processing operations in-Australia ‘and the USA. | is \ Tluka also has a royalty. associated with atierone iron ore operation - BHP
Slide 22: Acquisition of Sri Lankan Tenements and Heavy Mineral Resource Base
ACQUISITION OF SRI LANKAN TENEMENTS AND HEAVY MINERAL RESOURCE BASE TAP TO VIEW THE ASX RELEASE In August 2013, Iluka announced that it has been granted exploration tenements and an associated material resource base in Sri Lanka. The resource represents the single largest HM resource in MINERAL RESO
Slide 23: ASX Notice: Acquisition of Sri Lankan Tenement
Australian Securities Exchange Notice 5 August 2013 ACQUISITION OF SRI LANKAN TENEMENT AND HEAVY MINERAL RESOURCE BASE Iluka Resources Limited (Iluka) announces that it has been granted four exploration tenements and has agreed to acquire, pursuant to conditional binding term sheets, all the issued
Slide 24: Ore Reserves and Mineral Resources Statement
ORE RESERVES AND MINERAL RESOURCES STATEMENT Ore Reserves and Mineral Resources Statement Ore Reserves and Mineral Resources Statement Ore Reserves mined and adjusted by country and region at 31 December 2012 Summary of Ore Reserve depletion(1) In Situ In Situ In Situ In Situ In Situ HM tonnes HM to
Slide 25: Ore Reserves & Mineral Resources Definitions
ORE RESERVES & MINERAL RESOURCES ORE RESERVES & MINERAL RESOURCES Definitions A mineral resource is a concentration or occurrence of material of intrinsic economic interest on the earth’s crust in such form and quantity that there are reasonable prospects for eventual economic extraction. The locati
Slide 26: Ore Reserves and Mineral Resources
ORE RESERVES AND MINERAL RESOURCES The key elements of a mineral sands deposit are heavy mineral HM grade Ilmenite grade Zircon grade Rutile grade Region grade and heavy mineral assemblage, the latter referring to % % % % the relative composition of ilmenite, zircon and rutile in the Eucla Basin 4.5
Slide 27: Operations Overview
OPERATIONS OVER Iluka conducts mining, concentrating and processing operations in Australia and the United States. EUCLA BASIN PERTH-BASIN U I VIRGINIA "™ ___ SOUTH AUSTRALI WESTERN AUSTRALIA VC TORTA/ SOUTH WA UNITED STATES.
Slide 28: Integrated Flexible Production Base
INTEGRATED FLEXIBLE PRODUCTION BASE Iluka’s flexible production options result in the company’s total indicative production of its main products varying according to demand. TYPICAL PRODUCT FLOWS WITHIN ILUKA’S PORTFOLIO USA Virginia Concord Stony Creek Brink LEGEND Mine Mineral separation plant Syn
Slide 29: Murray Basin, Victoria/New South Wales
&9 BACK TO WORLD MAP MURRAY BASIN, VICTORIA/NEW SOUTH WALES The Murray Basin is Iluka’s principal source of rutile production, as well as contributing a major part of the company’s zircon production stream. Mining, concentrating and mineral separation activities commenced in 2006 at deposits in the
Slide 30: Murray Basin Map
SOUTH AUSTRALIA Broken Hill NEW SOUTH WALES Murray Basin NEW SOUTH WALES Basin Adelaide Mildura Nepean Euston deposits Balranald Woornack, NepeanOuyen Kulwin Rownack & Pirro Balranald Kulwin Echo LEGEND Bondi East VICTORIA Port Douglas Mine Hamilton MSP Melbourne Mineral separation plant VICTORIA Po
Slide 31: Eucla Basin, South Australia/Western Australia
(ey BACK TO WORLD MAP EUCLA BASIN, SOUTH AUSTRALIA/ e WESTERN AUSTRAIA WESTERN AUSTRALIA SOUTH AUSTRALIA Iluka conducts mining and processing operations at one location in acinth-Ambrosia _-@@ Btzeama the Eucla Basin, Jacinth-Ambrosia, located 800 kilometres from © Kalgoorlie ean Adelaide, 270 kilom
Slide 32: Eucla Basin Map
WESTERN AUSTRALIA SOUTH AUSTRALIA Eucla Basin Atacama Jacinth-Ambrosia Typhoon Kalgoorlie Sonoran Eucla Tripitaka Port of Thevernard Ceduna Esperance LEGEND Port WESTERN Mine Mineral separation plant Synthetic rutile kiln Proposed mine site Heavy mineral deposit Rail (capability) Road Kalgoorl Forme
Slide 33: Perth Basin, Western Australia
@ BACK TO WORLD MAP PERTH BASIN, WESTERN AUSTRALIA & WESTERN Narngulu MSP AUSTRALIA Port of Geraldton © a dw dem Iluka’s Perth Basin operations involves processing heavy mineral Eneabha & concentrate from its Australian and US operations, as well as Cataby synthetic rutile production. Perth Basin Il
Slide 34: Perth Basin Map
WESTERN Narngulu MSP AUSTRALIA Port of Geraldton WESTERN Narngulu MSP Eneabba AUSTRALIA Cataby LEGEND Port Perth Basin Mine y Perth Mineral separation plant Synthetic rutile kiln Perth Basin Proposed mine site Heavy mineral deposit Perth Rail (capability) Bunbury Road North Capel Former mine site Tu
Slide 35: Synthetic Rutile Operations Overview
S&S: BACK TO WORLD MAP OPERATIONS OVERVIEW The kilns have a total capacity of 500 to 550 th dependent on product ‘Specifications. = ——s Operational utilisation of ie kilns depends on jousal TAP FOR FLOW CHART SR PRODUCTION
Slide 36: Synthetic Rutile Process Flow Chart
Synthetic Rutile Process Flow Chart SYNTHETIC RUTILE PROCESS FLOW CHART SYNTHETIC RUTILE PROCESS FLOW CHART TRuCk In Ilmenite Char Coal ReCyCleD CHaR gaS COOlIng COal/CHaR SulPHuR To stack Cooling water gaS CleanIng aFTeR BuRnIng ROTaRy kIln CHaMBeR SCReenS Recycled char MagneTIC SePaRaTOR MagneTIC
Slide 37: Virginia, United States
@ BACK TO WORLD MAP VIRGINIA, UNITED STATES @ © Richmond . a . © Hickory Iluka’s United States mining, concentrating and processing Concord < wl Stony Creek MSP operations are located in Virginia, approximately 80 kilometres Brink @ from the State’s capital, Richmond. Mining and concentrating activi
Slide 38: Virginia and North Carolina Map
Richmond VIRGINIA Hickory Concord Stony Creek MSP Brink Aurelian Springs LEGEND Port Raleigh Mine Mineral separation plant NORTH Synthetic rutile kiln CAROLINA Proposed mine site Heavy mineral deposit Rail (capability) Road Former mine site
Slide 39: Stages of Mining and Processing
STAGES OF MINING AND PROCESSING GEOLOGICAL SETTING MINING WET CONCENTRATION MINERAL SEPARATION SYNTHETIC RUTILE The following images and explanatory comments provide an overview of the m ain stages of mineral sands mining and processing, drawn from examples from Iluka’s operations.
Slide 40: Geological Setting
STAGES OF MINING AND PROCESSING GEOLOGICAL SETTING Mineral sands deposits can consist of strand and dunal deposits. Strand deposits, such as in the Murray Jacinth-Ambrosia in the Eucla Basin In the Murray Basin, the ore zone can Basin, have typically well-defined edges consists of combined strand an
Slide 41: Mining
STAGES OF MINING AND PROCESSING MINING Mineral sands mining involves both dry mining and wet (dredge mining) operations. All of Iluka’s mining operations entail dry mining, typically involving the extraction of heavy mineral ore from relatively shallow, unconsolidated and free flowing deposits. Vege
Slide 42: Wet Concentration
STAGES OF MINING AND PROCESSING WET CONCENTRATION Wet concentration produces a high-grade heavy mineral concentrate, retaining the valuable minerals through gravity separation. Ore is slurry pumped to an on-site wet Murray Basin ore goes through a pre- The ore is washed through spirals that concentr
Slide 43: Mineral Separation
STAGES OF MINING AND PROCESSING MINERAL SEPARATION Final products are separated from non-valuable minerals based on differences in physical properties. Iluka’s Hamilton mineral separation plant Narngulu, in the Mid West, Western The Stony Creek (Virginia, USA) (Murray Basin, Victoria) has an 80 tonn
Slide 44: Synthetic Rutile
STAGES OF MINING AND PROCESSING SYNTHETIC RUTILE Ilmenite, an iron/titanium dioxide mineral, can be chemically modified to synthetic rutile (upgraded ilmenite) with a composition of 88 to 95 per cent of highly valued titanium dioxide (TiO2). Iluka has four synthetic rutile kilns with a Synthetic rut
Slide 45: Mining Area C
MINING AREA C Port Hedland Yarrie Iluka holds a royalty over iron ore produced from specific Perth Basin tenements of BHP Billiton’s Mining Area C (MAC) province in Eucla Basin LEGENDMurray Basin the Pilbara region in the north of Western Australia. BHP Billiton existing The agreement provides for a
Slide 46: Mineral Sands Industry
MINERAL SAI x) he j \) yl he mineral ~~ didxide prod duce and end use markets. Mineral Sands Products Global Producers Shares of Global Producers Applications and Properties Pricing Revenue to Cash Cost A ia =| TAP FOR INDUSTRY FLOW CHART =| TAP FOR MINERAL SANDS LEAD INDICATORS
Slide 47: Industry Flow Chart
INDUSTRY FLOW CHART Hard Rock Deposits Sand Deposits Sulphate Ilmenite Chloride Ilmenite Rutile Zircon Sulphate Slag Chloride Slag Synthetic Rutile Sulphate Pigment Process Chloride Pigment Process Titanium Sponge Pigment Titanium Metal Welding and Electrode Flux • Paints and coatings • Aerospace •
Slide 48: Mineral Sands Lead Indicators
MINERAL SANDS LEAD INDICATORS Historically, mineral sands demand has been closely linked to GDP per capita growth. In the medium term this trend is expected to continue, but with increasing influence from the dynamics of emerging economies, including China, India, Brazil and South East Asian countri
Slide 49: Mineral Sands Products
MINERAL SANDS PRODUCTS Zircon Titanium dioxide feedstocks Zircon usually occurs in lower quantities than titanium dioxide Titanium dioxide feedstocks are graded by their titanium in mineral sands deposits. The historical average ratio between dioxide content, which ranges from approximately 50 per c
Slide 50: Global Producers
GLOBAL PRODUCERS Listing of current major mineral sands producers Operation (major owner for Location Deposit style, Ilmenite upgraded – Final products 2011 share of global multiple operations) mining method slag or SR production (%) TiO2: 9% Iluka Australia Australia Sand, dry mining Yes – SR Zirco
Slide 51: Shares of Global Production
SHARES OF GLOBAL PRODUCTION Zircon and Titanium Dioxide Producing Regions Zircon and Titanium Dioxide Major Producers ZIRCON ZIRCON (2011 – 1.4mt) (2011 – 1.4mt) Others Australia 24% Iluka 50% 38% South Cristal Africa 5% 26% Kenmare 3% Tronox Rio Tinto 14% 16% Other China 7% 9% India Indonesia Mozam
Slide 52: Zircon and Titanium Dioxide
ZIRCON Zircon is an opaque, hard wearing, inert mineral. It is primarily used in the production of ceramic tiles. Other applications include use in refractories and foundry casting and a growing array of specialty applications as zirconia and zirconium chemicals. TITANIUM DIOXIDE Titanium dioxide (m
Slide 53: Zircon
ZIRCON Zircon is an opaque, hard wearing, inert mineral. It is primarily used in the production of ceramic tiles. Other applications include use in refractories and foundry casting and a growing array of specialty applications as zirconia and zirconium chemicals. Attributes End use examples Opacity
Slide 54: Ceramics: Global Tile Users and Manufacturing
CERAMICS Global Tile Users Tiles are the preferred floor covering in China and other developing regions. This is influenced by: Culture Some regions, particularly in the Middle East, have a strong historical preference for tile use. Tile Manufacturing Worldwide Spain and Italy are the traditional ba
Slide 55: Titanium Dioxide
TITANIUM DIOXIDE Titanium dioxide (mined as ilmenite or rutile) is a dark coloured mineral which, with processing, become white and opaque. It is primarily used as a whitening pigment in paints, plastics and paper. Titanium dioxide is also used in the manufacture of titanium metal and welding flux w
Slide 56: Titanium Pigment
TITANIUM PIGMENT Pigment is a quality of life product with end applications linked to higher living standards and economic growth. Recently, there has been strong demand growth in developing economies with the potential for significant further growth to reach developed world demand levels. TITANIUM
Slide 57: Mineral Sands Pricing
MINERAL SANDS PRICING Mineral sands products have traditionally (in Iluka’s case until ILUKA'S ANNUAL AVERAGE MINERAL SANDS PRICES, TO FIRST HALF 2013 the end of 2010) been sold on the basis of long term contracts. This resulted in an extended period of relative price stability US$/t and only modest
Slide 58: Revenue to Cash Cost Ratio
REVENUE TO CASH COST RATIO For most commodities, unit cash cost is used to benchmark projects’ relative economics. Key factors influencing unit costs are the grade of valuable mineral, scale and mining method, and associated costs. In mineral sands, heavy mineral (HM) grade provides a good indicatio
Slide 59: Sales and Marketing
Global Locations id Ss fa Evolution oie rae NY een as PLL - 5 ae TANIZAN all 4 a re % 7a a il .. . bis are Products
Slide 60: Sales and Marketing Locations
SALES AND MARKETING LOCATIONS North America Netherlands Belgium Europe US operations Newcastle Spain Qingdao Delaware China China Jacksonville Shanghai China Dubai Xiamen China Ho Chi Minh City Vietnam Malaysia Australian operations Perth Legend Warehouse and small lot distribution facility Corporat
Slide 61: Sales and Marketing Evolution
SALES AND MARKETING EVOLUTION The evolution of Iluka sales and marketing has been over three stages: Growing the long tail Historical (Pre 2008) In recent years, Iluka’s sales and marketing function has undergone Product was sold largely in bulk lots on the basis of multi-year ‘cap and collar’ a sig
Slide 62: Iluka Customer Structure
ILUKA CUSTOMER STRUCTURE Iluka’s customer base has changed significantly in recent years. A larger volume of small customers reflects the strategy to grow the company’s customer base by capturing and growing the ‘long tail’. ZIRCON FROM ~27 CUSTOMERS IN 2007 TO ~128 CUSTOMERS IN 2011 kt 5 kt 120 4 1
Slide 63: Global Sales Structure
GLOBAL SALES STRUCTURE Iluka has a regionally diverse sales base with customers spread globally. ILUKA ZIRCON AND HIGH GRADE ILUKA REGIONAL ZIRCON SALES TITANIUM REVENUE (2011 – $1,461.2 million) (2011 – 514kt) Americas China 13% 45% Zircon regional sales reflect key markets. High grade Traditionall
Slide 64: Iluka Products: Zircon
ILUKA PRODUCTS Iluka offers a large range of products sourced from operations in Australia and the United States. Iluka is the largest global supplier of zircon and second largest of titanium dioxide products. Product is mined and processed Zircon using world-class, modern equipment to deliver produ
Slide 65: Iluka Products: Rutile, Synthetic Rutile and HyTi
ILUKA PRODUCTS Iluka offers a large range of products sourced from operations in Australia and the United States. Iluka is the largest global supplier of zircon and second largest of titanium dioxide products. Product is mined and processed Rutile, Synthetic Rutile and HyTi using world-class, modern
Slide 66: Exploration, Innovation, New Projects, Corporate Acquisition
Exploration Innovation New Projects Corporate Acquisition
Slide 67: Exploration
EXPLORATION Exploration is a key component of Iluka’s growth platform. Expenditure on exploration over the last 10 years has averaged approximately $20 million per annum, with roughly half of this on greenfields exploration. In recent years, exploration expenditure has increased to around $25-$30 mi
Slide 68: Eucla Basin Exploration
EUCLA BASIN, SOUTH AUSTRALIA/WESTERN AUSTRALIA Over 37,000km2 of tenements 136 thousand metres of drilling in 2012, 40 per cent of which was on greenfields targets. SOUTH AUSTRALIA WESTERN AUSTRALIA Atacama EUCLA BASIN Ambrosia Typhoon Jacinth Sonoran Tripitaka Eucla Ceduna Port Augusta Streaky Bay
Slide 69: Murray Basin Exploration
MURRAY BASIN, VICTORIA/NEW SOUTH WALES Over 20,000km2 of tenements 70 thousand metres of drilling in 2012, 60 per cent of which was on greenfields targets. SOUTH NEW SOUTH AUSTRALIA Broken Hill WALES MURRAY BASIN Mildura Nepean Adelaide Euston Balranald Ouyen Balranald Woornack, Rownack & Pirro LEGE
Slide 70: Innovation and Technology
INNOVATION AND TECHNOLOGY Innovation and technology is an investment in the future of mineral sands. Iluka’s focus is on enhancing value capture from it’s resource and production base by creating value from previously low value or waste products or utilising idled equipment, as well as expanding our
Slide 71: New Projects
Tluka has an inventory of quality mineral sands resources, reflected as JORC compliant resources. Evaluating these resources for capital efficient development, cognisant of market demand conditions, is a key part of the company’s growth plan. As well as having a number of projects at pre-feasibility
Slide 72: Satellite Deposits, Eucla Basin
SATELLITE DEPOSITS, EUCLA BASIN, SOUTH AUSTRALIA WESTERN AUSTRALIA SOUTH AUSTRALIA LEGEND Port Mine Mineral separation plant Eucla Basin Synthetic rutile kiln Atacama Proposed mine site Jacinth-Ambrosia Typhoon Heavy mineral deposit Kalgoorlie Sonoran Eucla Tripitaka Rail (capability) Port of Thever
Slide 73: Balranald, Murray Basin
BALRANALD, MURRAY BASIN, NEWNEW SOUTH WALES SOUTH WALES urray Basin SOUTH AUSTRALIA Broken Hill ra Nepean posits Balranald NEW SOUTH yen Kulwin WALES Murray Basin LEGEND Port Adelaide Mildura Nepean Mine Euston deposits Balranald Mineral separation plant VICTORIA Woornack, Ouyen Kulwin Synthetic rut
Slide 74: Cataby, Perth Basin
CATABY, PERTH BASIN, WESTERN AUSTRALIA Narngulu MSP Port of Geraldton WESTERN LEGE Narngulu MSP AUSTRALIA ldton Eneabba P WESTERN LEGEND M Cataby AUSTRALIA Port M neabba S Perth Basin Mine P Cataby Mineral separation plant H Perth Synthetic rutile kiln Perth Basin Proposed mine site R R Heavy minera
Slide 75: Hickory and Aurelian Springs, United States
HICKORY AND AURELIAN SPRINGS, UNITED STATES Narngulu MSP ldton WESTERN Richmond VIRGINIA AUSTRALIA Hickory LEGEND Port Eneabba Concord Stony Creek MSP Mine Brink Cataby Mineral separation plant Synthetic rutile kiln Perth Basin Aurelian Springs Proposed mine site Heavy mineral deposit Perth Raleigh
Slide 76: Corporate Acquisitions
CORPORATE ACQUISITIONS Iluka’s strategy is to evaluate and, if appropriate, execute corporate acquisitions in the mineral sands and non mineral sands sectors. Iluka undertakes assessments of potential acquisition opportunities using its internal evaluation processes. Iluka has acquisition criteria o
Slide 77: Contact
CONTACT For more information, contact: Robert Porter, General Manager Investor Relations robert.porter@iluka.com +61 3 9225 5008 / +61 (0) 407 391 829