Iron Road Ltd · ASX:IRD
Iron Road — Corporate Update (April 2014)
24 slides from Iron Road's corporate update, Apr 8, 2014
Slide 1: Central Eyre Iron Project Definitive Feasibility Study Community Information Sessions
For personal use only Central Eyre Iron Project Definitive Feasibility Study Community Information Sessions www.ironroadlimited.com.au April 2014
Slide 2: Cautionary Statements
Cautionary Statements Forward Looking Statements For personal use only This announcement contains certain statements with respect to future matters and which may constitute "forward-looking statements". Such statements are only predictions and are subject to inherent risks and uncertainties which co
Slide 3: Introductions
Introductions For personal use only • Larry Ingle, General Manager • Tim Scholz, Principal Advisor, Stakeholder Engagement • Tilly Smart, Community Engagement Advisor • Aaron Deans, Project Manager • Steve Green, Environmental Manager • Brad Hunter, Principal Civil/Rail Engineer • Nicole Seal, Regul
Slide 4: Central Eyre Iron Project (CEIP)
Central Eyre Iron Project (CEIP) For personal use only • 100% owned Iron Road • Definitive Feasibility Study complete • 21.5 million tonnes per annum of concentrate • Production from 2018 • Expected mine life +25 years • High quality concentrate will assist steel mills reduce pollution and improve e
Slide 5: DFS Guiding Principles And Outcomes
DFS Guiding Principles And Outcomes For personal use only • Consistent high quality • Bulk testing has • Coarse product easier to Premium product is competitive and clean confirmed value in handle and transport solution for steel mills benefits for steel mills than finer concentrates • Meets require
Slide 6: Process Design Highlights
Process Design Highlights For personal use only Smart Modular In Pit Crushing and Processing Plant > Tailings Handling > Rail and Port Design > Conveying (IPCC) > Design > Processing plant Mine designed for Three discrete Filtered tailings Standard gauge, utilises high IPCC from day recove
Slide 7: Supportive State & Federal Government
Supportive State & Federal Government For personal use only • Major Project Facilitation status declared by Deputy Prime Minister Warren Truss o only project in South Australia • Major Development status declared by Deputy Premier John Rau • Recognises significance of Iron Road’s integrated iron exp
Slide 8: Large Scale Mining of Consistent Orebody
Large Scale Mining of Consistent Orebody For personal use only • Well understood, uniform ore body • Large scale open pit, long life, low strip ratio • Coffey Mining studied owner mining utilising conventional truck & shovel, load and haul – Ore Reserve estimated using costs and cash flows based on
Slide 9: Hybrid-IPCC Mining Optimisation
Hybrid-IPCC Mining Optimisation For personal use only • In Pit Crushing & Conveying (IPCC) selected as ideally suited to CEIP – Open pit designed and optimised for Hybrid-IPCC – Conventional truck and shovel operation for first three years of operation – Significantly reduced mining fleet (93 cf 30
Slide 10: IPCC Mining Optimisation
IPCC Mining Optimisation For personal use only www.ironroadlimited.com.au 10
Slide 11: CEIP Open Pit
CEIP Open Pit For personal use only www.ironroadlimited.com.au 11
Slide 12: Processing- Proven Mechanical Processes
Processing- Proven Mechanical Processes For personal use only • Three discrete processing lines, commissioned in a staged sequence over 12-14 months • Conventional SAG and ball milling process, followed by gravity and magnetic separation • Significant benefits to capital and operating costs over ear
Slide 13: Smart, Low Cost Engineering & Construction
Smart, Low Cost Engineering & Construction For personal use only Smart modular design- • Processing plant comprised of large, self contained modules • Wet commissioning to be conducted at fabrication prior to delivery • Significant reduction in schedule risk arising from site based rework • Based on
Slide 14: Typical Pre-Assembled Module (PAM)
Typical Pre-Assembled Module (PAM) For personal use only LNG Module, Gladstone, Queensland www.ironroadlimited.com.au 14
Slide 15: Footprint at August 2013 Public Meetings
Footprint at August 2013 Public Meetings For personal use only www.ironroadlimited.com.au 15
Slide 16: Updated Footprint at DFS completion
Updated Footprint at DFS completion For personal use only www.ironroadlimited.com.au 16
Slide 17: Footprint Difference
Footprint Difference For personal use only Reasons for reduced footprint: • In Pit Crushing & Conveying (IPCC) • Modularisation of processing plant • Tailings technology reviewed • Integrated landform combining waste rock & tailings • Rail alignment optimised www.ironroadlimited.com.au 17
Slide 18: Utilities Corridor & Rail Network
Utilities Corridor & Rail Network For personal use only Corridor • Minimise impacts, combines utilities • Comprises rail, power line, service road and water pipeline (powerline & pipeline for part of route only) Infrastructure features • Scalable design philosophy • Potential to link into the Trans-
Slide 19: Cape Hardy Export Facility
Cape Hardy Export Facility For personal use only • 21.5Mtpa required for CEIP • 70Mtpa capacity at the ship loader (at 80% utilisation) – Allows loading of Capesize vessel in approximately 24 hours – Modular jetty and wharf construction – Ship loader to service two Capesize berths • Capesize and Pan
Slide 20: The Only Capesize Port in South Australia
The Only Capesize Port in South Australia For personal use only • A strategic asset; the only Capesize port from Esperance to Port Kembla • Is well situated in favourable climate and year round protected waters – No vessel movement restrictions due to tides or channel usage – Multi-user facility han
Slide 21: Short and Long Term Benefits to South Australia
Short and Long Term Benefits to South Australia Jobs For personal use only • Peaking at 1950 during construction • ~700 long-term operations • Plus additional indirect jobs created from project Infrastructure • Additional capacity for other potential exporters from day one • Opens up deep water port
Slide 22: Key Financial Parameters
Key Financial Parameters For personal use only Key Financial Assumptions (real 2013 terms) Capital cost estimate (incl. contingencies) US$3.98 billion Pre-stripping and preparatory mining works US$0.48 billion Capital intensity US$185 per annual tonne FOB operating cost (ex state royalty) US$44.33/d
Slide 23: Where to from here?
Where to from here? For personal use only • Continue preparation of government submissions and applications • Commence negotiations with landowners at mine site for purchase • Continue negotiations with landowners along the corridor • Strengthen the plan through stakeholder engagement • Increase cus
Slide 24: Delivering Australia's Next Fully Integrated Iron Supply Business
Disclaimer Delivering Australia’s Next Fully Integrated For personal use only Iron Supply Business Subscribe to alerts online www.ironroadlimited.com.au www.ironroadlimited.com.au 24