Om Holdings Ltd. · ASX:OMH
Om — Shareholder Meeting (May 2009)
21 slides from Om's shareholder meeting presentation, May 26, 2009
Slide 1: Chief Executive Officers Presentation
OM HOLDINGS LIMITED For personal use only (ARBN 081 028 337) No. of Pages Lodged: 21 26 May 2009 Company Announcements Office ASX Limited 4th Floor 20 Bridge Street SYDNEY NSW 2000 Dear Sir/Madam CHIEF EXECUTIVE OFFICERS PRESENTATION Please be advised the Chief Executive Officer will be presenting t
Slide 2: Background Profile of OM Holdings Limited
BACKGROUND PROFILE OF OM HOLDINGS LIMITED OMH listed on the ASX in March 1998 and has its foundations in metals trading – incorporating For personal use only the sourcing and distribution of manganese ore products and subsequently in processing ores into ferro-manganese intermediate products. The OM
Slide 3: Annual General Meeting 26 May 2009
For personal use only Annual General Meeting 26 May 2009 0
Slide 4: Disclaimer Notice
Disclaimer Notice For personal use only This presentation contains certain forward-looking information and forecasts. Such forecasts, projections and information are not a guarantee of the Group future performance and include unknown risks and uncertainties. Accordingly, the actual results and devel
Slide 5: Our Vision and Strategy
Our Vision and Strategy Strategic supplier of steelmaking raw materials For personal use only Short term Leading independent integrated manganese producer Mid term Diversified steelmaking raw materials producer Organic Growth OMM – Reject Plant, Expansion Case FS, Helen and Renner exploration OMQ –
Slide 6: 2008 – 2010 Operational objectives
2008 – 2010 Operational objectives For personal use only Exploration +30M resource Renner & Helen Springs and other new tenements RP FS Rejects Plant +150ktpa Mining Continuous improvement projects Low cost production strategies OMM New Plant FS Smelting SP FS Sinter Plant 300ktpa 2008 2009 2010 3
Slide 7: 2009 Operational objectives - summary
2009 Operational objectives - summary For personal use only • Focus on safety • 50% improvement in TRIFR since September 08, improved systems, processes and culture • Aggressive pre-strip and ROM building during H1 2009 • new resource, new mine plan, 500k+ ROM by June 2009 • Identification of new ma
Slide 8: 2008 Reserve and Resource Update
2008 Reserve and Resource Update 31 December 2008 31 December 2007 Change For personal use only Million % Million % Million tonnes Mn tonnes Mn tonnes Mineral Resources 30.6 24.1 17.8 25.7 + 12.8 Ore Reserves 22.4 22.1 10.3 24.5 + 12.1 Ore Reserve / Mineral Resource Comparison A$10 million expende
Slide 9: 2008 Reserve and Resource Update
2008 Reserve and Resource Update For personal use only Masai 6.8 Mt @ 23.3% Chugga North 5.2 Mt @ 23.9% Chugga South 3.1 Mt @ 24.4% Gogo 1.6 Mt @ 28.3% Shekuma 4.0 Mt @ 25.4% Tourag 4.3 Mt @ 23.8% Yaka 2.8 Mt @ 23.6% Zulu 2.4 Mt @ 22.8% Process Plant Xhosa 0.4 Mt @ 24.5% The information in this repo
Slide 10: Bootu Creek production options
Bootu Creek production options For personal use only Feed not previously processed High Grade ROM New Low Grade ROM Traditional product strategy product strategy Reject Ore Reject Plant Reject plant material 35% Grade 38-40% Grade 42% Grade New market Mn Sinter opportunity 7
Slide 11: Bootu Creek – Production strategies
Bootu Creek – Production strategies Q1 2009 • new geological model and optimized mine plan For personal use only • mine development, pre-stripping, ROM stockpile building • negative production and cost impact of shut-down and wet weather Q2 2009 • aggressive pre-stripping and ROM stockpile building,
Slide 12: Bootu Creek – Production Strategies
Bootu Creek – Production Strategies Actual and Forecast Production and C1 Cash Costs 250,000 8.00 For personal use only 7.00 200,000 6.00 5.00 150,000 $A/dtmu Dry T's 4.00 100,000 3.00 2.00 50,000 1.00 - - Mar08QA Jun08QA Sep08QA Dec08QA Mar09QA Jun09QF Sep09QF Dec09QF Production C1 Cash Unit Costs
Slide 13: Bootu Creek – Reject Plant
Bootu Creek – Reject Plant For personal use only Project Scope: Stand alone modular plant to treat Drum Plant Rejects by crushing to –30 mm using DMS process Increase production by 150 ktpa 35% Mn product Increase plant yield and metal recovery by 4% Significant reduction in unit costs P
Slide 14: Reject Plant 3D Isometrics
Reject Plant 3D Isometrics For personal use only 2 stage crushing circuit DMS plant with cyclones Integrated reject plant with conveyor belts 11
Slide 15: 2008 OMQ Production Overview
2008 OMQ Production Overview For personal use only 2008 HC FeMn Output 18000 16000 14000 12000 10000 8000 6000 4000 2000 0 Jan Apr Jul Oct 07 Quarterly Actual 08 Quarterly Actual 08 Quarterly Budget 08 Monthly Actual Output 12
Slide 16: OMQ Production Strategies
OMQ Production Strategies 2009 operating strategy For personal use only 40ktpa production target maintained Focus on cost control and operating efficiencies Maintain domestic sales Phase 1 expansion 1 x 300,000mt Sinter Plant Project approved by respective statutory boards Phrase 1 capital expen
Slide 17: OMQ Sinter Plant rationale
OMQ Sinter Plant rationale For personal use only Provide value-added services to OMM Bootu fines Supply OMQ with required manganese sinter for alloy production Utilize OMQ unused coal gases from the existing two furnaces Improve environmental impact and production efficiency of OMQ furnaces OMQ’s lo
Slide 18: OMQ Sinter Plant
For personal use only OMQ Sinter Plant 15
Slide 19: OMS Performance and strategies
OMS Performance and strategies For personal use only 2006 2007 2008 2009 Q1 Manganese Ore 357,571 633,703 614,685 208,336* (mt) Chrome Ore (mt) 294,955 202,262 110,635 42,835 Alloys (mt) 60,977 23,886 92,695 1,060 *OMM–172,306 MT; 3rd Party:36,030 MT 2009 strategy • focus on equity product sales • e
Slide 20: The Manganese Market
For personal use only The Manganese Market 17
Slide 21: 2009 Manganese industry drivers
2009 Manganese industry drivers For personal use only • China 2009 crude steel production • expectation of ~40 million tonnes per month crude steel production • High grade Mn Ore inventories • no significant port stocks, high producer stocks • Impact of production cuts • ~4 million tonnes of capacit