Iluka Resources Limited · ASX:ILU
Iluka Resources — Technical Presentation (September 2013)
32 slides from Iluka Resources's technical presentation, September 2013
Slide 1: Iluka Resources Murray Basin Site Visit September 2013
Iluka Resources Murray Basin Site Visit September 2013
Slide 2: Australian Operations Overview
Australian Operations Overview 2
Slide 3: Australian Operations Overview
Australian Operations Overview Western Australia • Narngulu MSP processes Jacinth-Ambrosia concentrate • 4 synthetic rutile kilns capacity (all currently idled) • Tutunup South mine (currently idled) • Additional deposits - Cataby, Eneabba, Tutunup, Yarloop Murray Basin, Victoria • Major rutile and
Slide 4: Australian Operations Safety Performance
Australian Operations Safety Performance Stretch Target – 8.4 Stretch Target – 31.4 4
Slide 5: Safe Production Leadership
Safe Production Leadership Our Game Plan Values ACE Leadership Achieving Extraordinary Performance Far Edge of Chaos Extraordinary Leadership • Values Agreement • Relationships • Information • Trust and Support • Identity and Purpose • Accountability • Customer focus Mechanistic Close Management Clo
Slide 6: Australian Operations Integration
Australian Operations Integration 6
Slide 7: Eucla Basin, South Australia
Eucla Basin, South Australia • Jacinth-Ambrosia (J-A) - mine life 2020+ • Extendable post 2025 via satellite deposits • 900m wide by 5 km long • Flexible mine path – Heavy Mineral grade approach • Mining unit capability - 1400tph • Wet concentrator capacity -1000tph • Heavy mineral concentrate (HMC)
Slide 8: Mid West Operations, Western Australia
Mid West Operations, Western Australia Narngulu Processing Operations • Located 427 km north of Perth • Narngulu Mineral separation plant Plant 1 (all feed stocks) Plant 2 (dedicated J-A circuits) • Largest zircon production facility globally • 2 synthetic rutile kilns (currently idled) Total
Slide 9: South West Operations, Western Australia
South West Operations, Western Australia • North Capel separation mill • 2 synthetic rutile kilns (currently idled) • Finished product is trucked 35 km to Port • ~ 300kt of iron concentrate being exported • 160 Iluka employees • Tutunup South mine (currently idled) 9
Slide 10: Murray Basin Overview
Murray Basin Overview G ILUKA 10
Slide 11: Murray Basin
Murray Basin Murray Basin 2012 Production (kt) Zircon 142 Rutile 172 Ilmenite upgradeable 76 HMC 385 11
Slide 12: Northern Murray Basin Deposits, Victoria
Northern Murray Basin Deposits, Victoria • Kulwin commenced mining June 2009 /completed June 2012 • Woornack, Rownack, and Pirro (WRP) mining commenced October 2011 Mine Length Average width Average ore (km) (m) thickness (m) Woornack 16.5 115 – 130 5-6 Rownack 8.0 50 - 85 2-4 Pirro 10.5 70 – 90 4-5
Slide 13: WRP - Successful Project Start-up
WRP - Successful Project Start-up • Project delivered on schedule and within budget Project Summary Decommissioning commenced at Kulwin Feb 2012 Development capital $96 million (Budget $99m) Mining commenced (Woornack) Jan 2012 Processing commenced March 2012 Expected mine life To 1st half 2015 Aver
Slide 14: WRP Scope of Operation
WRP Scope of Operation • Three WRP deposits to be mined, 6 pits in total WRP Processing Facility & TSF • Average dewatering rate of 18 ML/d (5 to 36ML/d) • Mining unit plant out of pit: 500tph • Wet concentrator (WCP): 250tph • HMC production: 60tph • Water transported from GWM pipeline to site 7km
Slide 15: WRP Site Looking South June 2012
WRP Site Looking South June 2012 Pirro Pit Woornack Pit Tailings Mining unit storage plant & ROM facility WCP, office complex Site access road Calder Highway 15
Slide 16: Operations - Mining
Operations - Mining • Mine 3.5mt of ore and 8.8 million cubic metres of waste per annum • Strip ratio - 9.4 • Scrapers on waste removal and truck and digger fleet primarily on ore • Planned area disturbed by mining and infrastructure – 1,330ha (incl. 205ha of native vegetation) • Length of all pits
Slide 17: Groundwater Dewatering and Infiltration
Groundwater Dewatering and Infiltration • 28% of mined material below water table • 244 dewatering bores to be installed over life of mine • Average bore depth 50m • Average 25 bores active at any one time • Groundwater hyper saline with pH of 3.8 • Surplus water pumped to Pirro pit for infiltration
Slide 18: WRP Operations – Blending Ore
WRP Operations – Blending Ore Pirro ore Woornack West Pirro ore Mining Unit Plant Woornack East • Ore mined in discreet 100m long in pit blocks and sent to ROM as a specific parcel • Single Pirro stockpile (lower HM, higher clay), two Woornack stockpiles (higher HM, lower clay) • Ore loaded into min
Slide 19: Operations - Processing
Operations - Processing MU18- Mining Unit Plant Apron Drum Scrubber Feeder Trommel ROM Grizzly Feed Hopper Wet Concentrator Plant Mining WHIMS PCP Contractor WCP Building Building Workshop Building HMC stocks Thickener MU10 19
Slide 20: Mining and Concentrating Process
Mining and Concentrating Process Tailings Storage Facility (TSF) Non Magnetic Heavy Mineral Concentrate (HMC) 20
Slide 21: Murray Basin Indicative Cash Costs of Production
Murray Basin Indicative Cash Costs of Production Overheads 10% Separation 16% Mining and Concentrating 52% HMC Transport 22% 2012 cash costs: $148m (2 mining operations; higher production - $541/t Z/R unit cash costs) 2011 cash cost: $240m ($483/t unit cash costs of production) 21
Slide 22: Murray Basin Mineral Separation Plant - Hamilton
Murray Basin Mineral Separation Plant - Hamilton 22
Slide 23: Hamilton MSP – Scope of Operation
Hamilton MSP – Scope of Operation • Plant designed for 30 year life • Plant capacity 700 ktpa • Production - zircon ~220 ktpa, rutile ~ 230 ktpa, saleable ilmenite ~100 ktpa • 185 ML per annum water (reclaimed water rather than potable) • 90 employees 23
Slide 24: Hamilton MSP – Scope of Operation
Hamilton MSP – Scope of Operation • HMC delivered from northern Murray Basin via train • Finished product trucked to Portland for export with dedicated truck fleet • Capacity to process J-A as a blend with Murray Basin HMC • 160kt of finished product storage in Portland • 30kt of finished product st
Slide 25: Operations – Separation
Operations – Separation • Hamilton MSP is divided into seven circuits • Gravity, electrostatic and magnetic separations repeated throughout to achieve quality targets • Finished products from Hamilton MSP: – zircon premium – zircon standard – rutile 95 – rutile 92 – ilmenite – tin 25
Slide 26: MSP Separation Process
MSP Separation Process • MSP separates minerals based on differences in conductivity and magnetism 26
Slide 27: Finished Products
Finished Products • Finished products from Hamilton MSP: – zircon premium – zircon standard – rutile 95 – rutile 92 – ilmenite – tin 27
Slide 28: Murray Basin Exploration
Murray Basin Exploration G ILUKA 28
Slide 29: 2013 Victorian Exploration
2013 Victorian Exploration • Australian HM exploration budget ~$8M • Approximately 10% to be spent in Murray and Gippsland basins − >90% greenfields drilling − Purchase of large tenement package along western basin margin (area of little previous HM exploration) − Evaluation of WIM HM resources in D
Slide 30: Rehabilitation
Rehabilitation G ILUKA 30
Slide 31: Rehabilitation
Rehabilitation • All rehabilitation activities guided by detailed Closure Plans - clearly outline standard of rehabilitation to be achieved - based on WA Department of Mines & Petroleum Closure Plan Guidelines (no equivalent in Victoria) • Douglas rehabilitation works - 81 hectares to be returned to
Slide 32: Iluka Resources Limited
Iluka Resources Limited www.iluka.com For more information, contact: Robert Porter, General Manager Investor Relations robert.porter@iluka.com +61 3 9225 5008 / +61 (0) 407 391 829 32
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