Iluka Resources Limited · ASX:ILU

Iluka Resources — Technical Presentation (November 2019)

21 slides from Iluka Resources's technical presentation, Nov 1, 2019

  1. Slide 1: Cataby Site Visit

    Iluka Resources Limited Cataby Site Visit 1 November 2019

  2. Slide 2: Disclaimer and Compliance Statement

    Disclaimer and Compliance Statement 2 This presentation has been prepared by Iluka Resources Limited (Iluka). By accessing this presentation you acknowledge that you have read and understood the following statement. This document provides an indicative outlook for the Iluka business in the 2019 fina

  3. Slide 3: Agenda – Friday 1 November

    Agenda – Friday 1 November 3 6.30 - 8.30 Bus transfer from Perth to Cataby 8.30 – 9.15 Site induction and morning tea 9.15 – 10.15 Presentation 10.15 – 11.45 Site tour - concentrator and pits 11.45 – 12.15 Lunch 12.15 – 2.15 Bus transfer from Cataby to Perth (via Airport)

  4. Slide 4: Health, Safety, Environment and Community Priorities

    Health, Safety, Environment and Community Priorities 4 Sophisticated environmental risk Cooperative and mutually Safety focus extends Comprehensive safety management beneficial relationship with outside of site boundary risk management plans local Yued people • Noise and dust dynamic models and • Re

  5. Slide 5: Path to Development

    Path to Development 5 Development highlights • 1970s deposit discovered • 12 months to develop from greenfields site • 2003-2012 many scenarios considered for development • Reuse of equipment from previous Iluka operations, including • 2013 Board approved feasibility study concentrator from Eneabba,

  6. Slide 6: Commissioning and Ramp Up

    Commissioning and Ramp Up 6 Cataby 2019 Rougher Head Feed production – Actual to September and forecast Q4 Performance to Date kt • Factors impacting commissioning and ramp up 800 ‒ condition and re-use of refurbished equipment ‒ some re-configuration needed 700 ‒ training 80+ mostly new staff 600 •

  7. Slide 7: Sustaining Capital Projects

    Sustaining Capital Projects 7 • Cataby project approved in 2017 contemplated deferred capital works and sustaining capital1 • Number of pits, spread of deposits and volume of material being moved contribute to ongoing capital requirements • Works to be undertaken in first 4 years include: ‒ mining s

  8. Slide 8: Site Overview

    Site Overview 8 Heavy Mineral Concentrate (HMC) Pads Site Access Road Process Water Dams Wet Concentrator and Wet High Intensity Magnetic Separation (WHIMS) Plant Warehouse Thickeners Workshop Site Offices Flocculant Plant

  9. Slide 9: Operations Summary

    Operations Summary 9 Deposit • 150km north of Perth • 18 mining pits over 20km strike length, 3km wide • Mine life remaining ~ 8 years • Possible 4 year extension – drilling commenced – subject to environmental approval, private land owner access Material movements planned over remaining 8 year life

  10. Slide 10: Mining Process Overview

    Mining Process Overview 10 WASTE STRIPPING ORE MINING FEED PREPARATION CONCENTRATING Dozer push to in-pit mining units, Spirals and magnetic separation Removing and stockpiling soil and Water added to create a slurry to wet excavators and trucks transfer to run methods split magnetic and non- overbu

  11. Slide 11: Operations Summary

    Operations Summary ofF Thickeners / ModCot pee Disposd Mixing Floceutant TsF/Pit 0 0 U ag A ag BEBSBASHEE limente Zeon Rate Narash ied BEESESEREE at minors BESTEESBEE A ed loovs — GY Tonnes Non ig won vee ILUKA

  12. Slide 12: Mine Plan

    Mine Plan 12 • Spread over 20km of lease • Current mining in pits 9, 2, 11, 13 • Borders Tronox Cooljarloo mine in the north • Distinct north and south operations with central processing facility • Progressive rehabilitation • Pre-mining dewatering includes ex-pit borefields and in-pit dewatering •

  13. Slide 13: Scope of Operations - Mining

    Scope of Operations - Mining 13 Current Plant Configuration Pit 2 Pit 9 In pit mining unit In pit mining unit In pit mining unit Run of mine Surface screening stockpile Surface screening plants plants Concentrator Run of mine • 2 x in-pit mining units fed via dozers stockpile ‒ ore onto apron feeder

  14. Slide 14: Scope of Operations - Concentrating

    Scope of Operations - Concentrating 14 Overview • ‘Newman’ Concentrator relocated from Eneabba • Capacity: 1,100 tonnes per hour rougher head feed (ore less slimes and oversize) Products and Process • Magnetic separation (Wet High Intensity Magnetic Separation - WHIMS) added to secondary concentrato

  15. Slide 15: Product Logistics

    Product Logistics 15 Average Annual Volumes • ~185 kt non-magnetic heavy mineral concentrate (~30kt rutile, ~50kt zircon) 250km • Final separation at Narngulu mineral separation plant • Exported from Geraldton • ~375kt ilmenite to produce 200kt synthetic rutile 350km • Synthetic rutile produced at C

  16. Slide 16: Production Costs

    Production Costs 16 2020 forecast cash costs of production, 2020 forecast raw materials and South west consumables, South west Finished Diesel HMC product Consumables 1% transport transport 1% 6% 1% Reagents 19% Mining and Coal concentrating 37% 63% Mineral separation Gas 30% 6% Note: does not inclu

  17. Slide 17: Environmental Management

    Environmental Management 17 Environmental Management Strict environmental operating conditions set by the Minister for Environment which require regular monitoring and reporting to ensure we are compliant, including: • Reducing impact on Carnaby’s Cockatoos through protection of their habitat, limit

  18. Slide 18: Community Support and Engagement

    Community Support and Engagement 18 • Support and use of local business including venues and catering • Dandaragan Primary School science week • Decorate your gate participant • Charity events in Iluka camp (including World’s Greatest Shave) • Ongoing engagement with local indigenous community • Sup

  19. Slide 19: For more information contact

    For more information contact: Melissa Roberts General Manager – Investor Relations and Commercial Mineral Sands Operations investor.relations@iluka.com +61 (0) 450 398 431

  20. Slide 20: Supplementary Materials – Capel Synthetic Rutile

    Supplementary Materials – Capel Synthetic Rutile 20 Ilmenite Reduction

  21. Slide 21: Supplementary Materials – Narngulu

    Supplementary Materials – Narngulu 21 Narngulu Plant 1 and 2 Zircon Finishing Plant (ZFP)

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