Energy Resources Of Australia Ltd. Class A · ASX:ERA
Energy Resources Of Australia Ltd. Class A — H1 2020 Earnings Presentation
12 slides from Energy Resources Of Australia Ltd. Class A's earnings presentation, Jul 29, 2020
Slide 1: 2020 Half Year Results
For personal use only 2020 Half Year Results Additional Information for the Financial Community July 2020 www.energyres.com.au
Slide 2: Forward-looking statements
Forward-looking statements This presentation has been prepared by Energy Resources of Australia Ltd (“ERA”) and consists of the slides for a presentation concerning ERA. By reviewing/attending this For personal use only presentation you agree to be bound by the following conditions. Forward-looking
Slide 3: Acknowledgement of Traditional Owners
Acknowledgement of Traditional Owners The operations of Energy Resources of Australia Ltd (ERA) are located on Aboriginal land For personal use only and are surrounded by, but separate from, Kakadu National Park ERA respectfully acknowledges the Mirarr, Traditional Owners of the land on which the Ra
Slide 4: Health and safety
Health and safety Demonstrated commitment to the health and safety of our teams, community and environment in which we operate – ERA continues to implement programs with the For personal use only objective of Zero Harm, whereby all employees and contractors return to their home and families after ea
Slide 5: H1 2020 Summary
H1 2020 Summary • Continued focus on all aspects of health, safety For personal use only and environment • Successful ongoing management through the COVID- 19 global pandemic, prioritising the health and wellbeing of our communities, employees and contractors • Production of 798 tonnes of uranium ox
Slide 6: ERA continued to deliver on strategic priorities in 2020
ERA continued to deliver on strategic priorities in 2020 Near term strategic priority 2020 outcomes For personal use only Continue the progressive rehabilitation1 – Bulk backfill of Pit 1 nearing completion of the Ranger Project Area – Continued dredging of the Tailings Storage Facility – Preparing
Slide 7: Operational performance
Operational performance Production guidance for 2020 of between 1,200 tonnes to 1,600 tonnes For personal use only Mill Operation H1 2020 H1 2019 Ore milled (‘000 tonnes) 1,238 1,136 Recovery (%) 85.1% 88% Mill head grade (% U3O8 ) 0.07 0.09 Tonnes produced (U3O8 ) 798 937 Pounds (‘000 lbs) produced
Slide 8: Half year financial performance
Half year financial performance Ranger continues to generate positive margins from the sale of U3O8 Cash resources increased in the year For personal use only A$ million H1 2020 H1 2019 Revenue from sales 168 170 – ERA continued to generate a positive cash margin from the production and sale of uran
Slide 9: Progressive rehabilitation ongoing with complex and interdependent schedule
Progressive rehabilitation ongoing with complex and interdependent schedule • Approximately $642 million spent on rehabilitation and water management projects since 20121 For personal use only • Rehabilitation project progress: − Dredging continues to transfer tailings from the Tailings Storage Faci
Slide 10: Rehabilitation progress
Rehabilitation progress For personal use only Pit 1 backfill - final stages Stage 13 plants and irrigation (first final landform) TSF Wall Cleaning High speed stacker commissioned in June 10 www.energyres.com.au
Slide 11: Regular engagement with key stakeholders
Regular engagement with key stakeholders ERA’s operations are located on Aboriginal land, are surrounded by Kakadu National Park and significantly underpin the Alligator River’s regional economy. Regular engagement with key stakeholders is an important, ongoing part of our business. For personal use
Slide 12: Outlook
Outlook • 8 January 2021 will see the end of the processing of stockpiled ore at Ranger For personal use only – Will result in significantly reduced organisation size, including rationalised overhead costs – Transition to a project based organisation – ERA will retain drummed inventory to fulfil a n
Energy Resources of Australia — H1 2020 Earnings Presentation on 6ix