Slide 1: Gearing up for growth – China Mining 2013
“Gearing up for growth” CHINA MINING 2013 Conference Presentation 2-5 November 2013 Peter Canterbury CEO Bauxite Resources Ltd 1
Slide 2: Forward Looking Statements
Forward Looking Statements These materials include forward looking statements. Often, but not always, forward looking statements can generally be identified by the use of forward looking words such as “may”, “will”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “continue”, or other similar w
Slide 3: BRL - Compelling Investment Case
BRL - Compelling Investment Case - Right Timeframe for Right Project Market - Bauxite Commodity Location – Largest Bauxite/Alumina producing region in world with existing infrastructure and close to mining centre of excellence Product – Gibbsite with low reactive silica Company – Large tenem
Slide 4: Bauxite – New Demand driven out of China
Bauxite – New Demand driven out of China Construction driven CRU expects primary aluminium consumption to increase by 6.4% pa between 2012 and 2022 and aluminium consumption per capita is set to rise modestly 1.3% pa over the same period. Beyond 2022, China is on track to achieve the highest alumini
Slide 5: Supply not keeping up with Demand - Why
Supply not keeping up with Demand - Why Lack of investment in Bauxite/Alumina outside China Uncertainty in development in India and Indonesia Third party bauxite demand and supply, 2000 to 2035 180.0 Supply gap* Possible Probable Committed 160.0 Operating Closed Demand 140.0 Production (m tpy) 120
Slide 6: Where will the demand for Bauxite be sourced from?
Where will the demand for Bauxite be sourced from? Indonesian export bans – What will happen? Australia the key due to logistics “China is expected to source a greater proportion of its bauxite requirements from Australia and West Africa over the next decade” Chinese bauxite imports in 2012 and 20
Slide 7: Australia is the Logical Supply Source
Australia is the Logical Supply Source 7
Slide 8: Bauxite/Alumina/Aluminium – Market Dynamics
Bauxite/Alumina/Aluminium – Market Dynamics Smelters globally are now concerned about securing long term supplies of bauxite and alumina BRL’s WA Bauxite is a significant source to satisfying the demand for seaborne bauxite trade Low Capital Cost to establish due to existing infrastructure Bau
Slide 9: Why Darling Range Bauxite?
Why Darling Range Bauxite? Western Australia largest bauxite producing region in the world Weipa exports Tenure dominated by large, private ~10Mtpa Gove land holdings (farms) with Weipa 12% supportive community 25% Unlike other Australian projects BRL bauxite deposits have excellent access to ex
Slide 10: Why BRL's WA Bauxite?
Why BRL’s WA Bauxite? World’s largest producing area for bauxite Darling Range bauxite already supports 4 large alumina refineries – 2 in lowest quartile. Why? Gibbsite – Low temperature digestion or sweetener to high temp digestion Low reactive silica ~ 2% (total silica Fortuna & Felicitas
Slide 11: Company Profile
Company Profile Stock Code: BAU Ordinary Shares 232m Market Cap $28.2m (30/09/13) ROB NASH Bank Debt $0 Current cash $43.7m (30/09/13) PETER CANTERBURY Resource 327.2 Mt bauxite Chair Rob Nash LUKE ATKINS CEO Peter Canterbury Major Shareholders % JOHN SIBLY HD Mining & Inv PL 8.4% Yankuang Res PL 8.
Slide 12: Established Joint Ventures
Established Joint Ventures Bauxite Alumina Joint Venture (BAJV) with Yankuang Resources (YK) Bauxite and Alumina rights only YK to fund 70% of all bauxite exploration costs for 70% bauxite resource New Chairman of Yankuang Group visited facilities in Sept 2013 and impressed at results to dat
Slide 13: BRL Darling Range Resources Location & Distribution
BRL Darling Range Resources Location & Distribution • Tenements close to existing Bauxite Resource Tenement infrastructure, roads and rail Ownership Holdings • With direct access to bulk Solely BRL 39.5Mt 2,017km2 handling ports • Established export routes Joint Venture 259Mt 14,016km2 with Bauxite
Slide 14: Resources Summary
Resources Summary Resource Size Al2O3 Available Al2O3 Reactive SiO2 Al2O3 avail:SiO2 Depth of Summary reactive overburden Max Bauxite Bulk Density Mt % % % (m) Thickness (m) BRL 100% Fortuna 39.5 37.3 28.8 1.6 18 2 13 2.17 BRL 100% Sub total 39.5 37.3 28.8 1.6 JV with Bauxite Alumina JV (Yankuang Gr
Slide 15: BRL & Partners Resource Growth
BRL & Partners Resource Growth 350 Measured 300 Indicated Inferred 250 200 150 100 50 0 Current joint bauxite resource of 327.2 million tonnes BRL Trial Mining 2009/10 15
Slide 16: Bauxite Quality – Refining efficiency is the key
Bauxite Quality – Refining efficiency is the key Current Fortuna/Felicitas combined resource is suitable for low temperature digestion without any beneficiation Total Alumina 39% (~30% Available alumina @ 148C Estimated 32-33% at 250C) Reactive Silica 1.9% Gibbsite Mine planning optimisati
Slide 17: Upside Potential of BRL
Upside Potential of BRL Unexplored area Northern Darling Range – HD Mining JV land areas north of Felicitas as well as further land within the Felicitas and Fortuna areas Eastern Darling Range – current drilling programmes planned for Williams/Narrogin areas held by BRL100% and HD Mining JV so
Slide 18: Northern Darling Range
NORTHERN DARLING RANGE Existing resource of 258.2Mt (Felicitas & Fortuna) Further resource upside supported by: regional surface sampling historic drilling low rainfall favourable topography BRL has tenement holding of 2,017 km2 Small number of large properties (farms) BRL Trial Mini
Slide 19: Eastern Darling Range
EASTERN DARLING RANGE Existing resource of 15Mt 300,000 mE 400,000 mE 500,000 mE (Ceres) 6,600,000 mN Further resource upside supported by: regional surface sampling historic drilling 6,500,000 mN Ceres 15Mt low rainfall favourabe topography BRL has tenement holding of 1,494 km2 6,400,
Slide 20: BRL – Gearing Up for Growth
BRL – Gearing Up for Growth Demand for bauxite from Australia Large resource of efficient bauxite Infrastructure – Use of existing infrastructure means low capital entry with near term potential Location – Largest Bauxite/Alumina producing region in world with existing infrastructure and clo