Vrx Silica Ltd. · ASX:VRX
Vrx Silica — Shareholder Meeting (November 2021)
22 slides from Vrx Silica's shareholder meeting presentation, Nov 29, 2021
Slide 1: New Opportunity for WA: Arrowsmith and Muchea Silica Sand Projects
For personal use only New Opportunity for WA Arrowsmith and Muchea Silica Sand Projects VRX AGM Presentation November 2021
Slide 2: Important information
Important information For personal use only Disclaimer This document has been prepared by VRX Silica Limited. The information contained in this document is for information purposes only and has been prepared for use in conjunction with a verbal presentation and should be read in that context. The in
Slide 3: Project Highlights
Project Highlights For personal use only WA based, pure-play silica sand mining company with advanced silica sand projects 100+ year production life ❑ 100% owner of three high value Silica Sand Projects in Western Australia - Tier 1 mining region ❑ Multi-decade-scale contiguous sand deposits with co
Slide 4: Silica Sand: The foundation of modern cities
Silica Sand For personal use only The foundation of modern cities ❑ Silica sand is the most-used commodity on the planet after air and water. ❑ It is the main ingredient in all types of glassmaking, including specialty solar panel and high-tech glass. ❑ Around 47% of the world’s glass is made in Asi
Slide 5: Silica Sand – World Class Portfolio
Silica Sand – World Class Portfolio Project development pipeline to ensure disciplined, For personal use only staged development of world-class assets ❑ WA based company and management team ❑ Most advanced non-private projects in Australia ❑ Three large scale, high grade and low impurity silica sand
Slide 6: Corporate Summary
Corporate Summary For personal use only Capital Structure Share Price 17cps * Ordinary Shares on Issue 553 million Options on Issue 34 million Market Capitalisation $94 million* Cash $12 million Debt Nil Enterprise Value $82 million Person Role Experience Governance: Over 30 years experience in inve
Slide 7: Arrowsmith North
Arrowsmith North For personal use only Near-term development opportunity on a world-class silica sand project ❑ Production expected to commence CY2022 (subject to final environmental approvals) ❑ 223Mt ore reserve @99.7% SiO2(100 year production!) ❑ Tailored 2Mtpa processing plant with patented proc
Slide 8: Responsible Mining – The VRX Way
Responsible Mining – The VRX Way For personal use only A made-for-purpose mining method designed around continuous rehabilitation ❑ VRX has developed a unique and progressive mining method for its silica sand projects ❑ The Vegetation Direct Transfer (VDT) method provides a rapid and comprehensive r
Slide 9: Exploration
Exploration For personal use only ❑ https://vrxsilica.com.au/miningandrehabilitationmethodology/ 9
Slide 10: Arrowsmith North – Environmental and Mining Approvals
Arrowsmith North – Environmental and Mining Approvals For personal use only ❑ Confirmation by Cwlth Department of Agriculture, Water and the Environment of accredited approval under the EPBC Act ❑ State Department of Water and Environmental Regulation and Environmental Protection Authority (EPA) req
Slide 11: Arrowsmith North Plant Site
Arrowsmith North Plant Site Geotech Surveys for Plant Foundations
Slide 12: Arrowsmith North – Environmental and Mining Approvals
Arrowsmith North – Environmental and Mining Approvals For personal use only Key assessment milestones to be completed ❑ EPA approves ESD ❑ Mining Scope to DMIRS ❑ EPA publishes ESD ❑ Submission of draft ERD ❑ EPA accepts ERD and authorises release of ERD for 4 week public review (assumes no further
Slide 13: Processing Flowsheet
Processing Flowsheet For personal use only Simplified wet processing, multiple products, no dust, 2mtpa processing plant at each site Processing Plant Design ▪ Arrowsmith North, Arrowsmith Central and Muchea to each have 2 Mtpa processing capacity ▪ No toxic chemicals required 13
Slide 14: Arrowsmith North – Circuit design
Arrowsmith North – Circuit design For personal use only QA/QC Metallurgical Testwork ❑ Extensive metallurgical testwork undertaken by sand processing specialists BHM Process Consultants to ensure throughput and quality can be maintained ❑ A new and unique process circuit incorporating flotation has
Slide 15: Arrowsmith North – Offtake
Arrowsmith North – Offtake For personal use only ❑ Offtake term sheet signed with prominent Korean foundry sand suppliers and users ❑ Customers supply casting and silica sand to Kia, Hyundai, Daewoo and Samsung Renault ❑ First and only supply contract for foundry sand from Australia ❑ Term sheet set
Slide 16: Muchea
Muchea For personal use only Large scale, world class high-grade and low impurity silica sand project ❑ Production expected to follow Arrowsmith North ❑ Unique mining method and duplicate plant ❑ Access to established infrastructure ❑ Underutilised railway connects to Kwinana (100km) ❑ Grid power ❑
Slide 17: Low grasses and sedges suitable for VDT
For personal use only Low grasses and sedges suitable for VDT VRX Silica 17
Slide 18: Sustainability
Sustainability Environmental, Social and Governance (ESG) For personal use only VRX is delivering on its ESG responsibilities aligned to the UN’s Sustainable Development Goals CLEAN ENERGY ECONOMIC INDUSTRY SUSTAINABLE RESPONSIBLE CLIMATE REHABILITATION GROWTH INNOVATION COMMUNITIES PRODUCTION ACTIO
Slide 19: Future Energy
Future Energy For personal use only To meet 2050 greenhouse gas targets the world requires +400GW of solar installation per year A record 140GW installed in 2020!!
Slide 20: Australian Solar Panel Installation
Australian Solar Panel Installation For personal use only A fast growing industry ❑ As of September 2021 Australia’s 2.96 million solar PV installations had a combined capacity of 23.46GW ❑ 4.12GW installed in the preceding 12 months ❑ Solar accounts for 9.9% of Australia’s total energy production i
Slide 21: Right time – Right place for WA
Right time – Right place for WA and its economic advantages of silica sand and gas reserves For personal use only ❑ Very long life, high-grade silica sand supply ❑ WA domestic gas reserves and burgeoning hydrogen projects in mid-west ❑ Long term supply of essential raw materials and green energy for
Slide 22: Thank you
For personal use only Thank you Bruce Maluish Managing Director Level 1, 6 Thelma Street West Perth WA 6005 Phone: 08 9226 3780 Email: info@vrxsilica.com.au