Highfield Resources Limited · ASX:HFR
Highfield Resources — 121 Mining Conference - Hong Kong 2019
12 slides from Highfield Resources's conference presentation, Mar 20, 2019
Slide 1: 121 Mining Conference – Hong Kong
For personal use only 121 Mining Conference – Hong Kong March 2019
Slide 2: Who is Highfield Resources?
Who is Highfield Resources? For personal use only Highfield Resources will develop a high margin, competitive potash mine which will have versatile export options in a commodity that is vital to sustaining food supply to a growing global population. Equity Undiluted Market Cap at A$0.64 (29/01/2019)
Slide 3: Who is Highfield Resources? Potash in NPK fertiliser
Who is Highfield Resources? For personal use only The most common usage for potash is as a blend in NPK fertiliser with each nutrient plays a vital role in plant development, but only together do they ensure balanced nourishment and cannot replace one another Effect of potash on crops (kg/ha) NPK
Slide 4: The future for potash demand looks positive
The future for potash demand looks positive For personal use only Crop production and population growth 2.0 10.0 Arable land per person has been decreasing 1.5 8.0 steadily over the years. With global potash 6.0 demand increasing 20% from 2010 to 2017 Billions of tonnes Billion 1.0 4.0 0.5 2.0 0.0 0
Slide 5: The Muga Mine
The Muga Mine For personal use only Recent achievements Muga Mine • Completed mine design optimisation including work by specialist Location Northern Spain consultant, SRK Consulting Mine life 27 years • Recently updated Mineral Resource Statement and Ore Reserve Phase 1 potash production 500,000 to
Slide 6: Muga Mine Competitive Advantages
Muga Mine Competitive Advantages For personal use only Muga Project Competitive Financials Favourable Environment Phase 1 capex of €342 million with Phase 2 capex of €199 million Well advanced permitting approvals and strong C1 cash costs of €104/t, including salt by-product credit community support
Slide 7: Muga Mine Competitive Advantages
Muga Mine Competitive Advantages For personal use only Mayors of the region, community members and Company representatives in information session on August 2018 First class infrastructure Iberdrola power substation next to the mine site
Slide 8: Muga’s location is one of its major assets
Muga’s location is one of its major assets For personal use only • The Muga mine will be close to key demand areas 7 Mt of Europe as well as competitive logistical access Production Muga Mine MOP trade routes – Production is relatively small and will provide flexible and 4 Mt Demand competitive acce
Slide 9: Muga’s competitive position against world peers
Muga’s competitive position against world peers For personal use only FOB Cost curve forecast for 2024 (real US$) 350 300 250 MOP US$/t 200 150 100 Margin curve forecast for 2024 (real US$) 50 250 0 200 0 5 10 15 20 25 30 35 40 45 50 55 60 65 70 75 MOP US$/t Rest of World Highfield 150 100 The updat
Slide 10: Summary – Highfield Resources
Summary – Highfield Resources For personal use only Significant long term upside Muga Project Update data confirms low capital cost to production Very strong community and local government support High margin driven by technical factors and project location Experienced team of mine builders and oper
Slide 11: For personal use only
For personal use only REGISTERED OFFICE 169 Fullarton Road Dulwich SA 5065 Australia SPAIN HEAD OFFICE Avenida Carlos III, 13-15, 1B, 31002 Pamplona, Spain T +34 948 050 577 | F +34 948 050 578 FURTHER INFORMATION Peter Albert Managing Director T +34 628 590 109 Olivier Vadillo Investor Relations T
Slide 12: For personal use only
For personal use only www.highfieldresources.com.au
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