13 slides from Resource Minerals International's shareholder meeting presentation, Nov 19, 2013
Slide 1: Annual General Meeting 19 November 2013
For personal use only ANNUAL GENERAL MEETING 19 November 2013
Slide 2: Technical Disclosures and Forward-Looking Disclaimers
Technical Disclosures and Forward-Looking Disclaimers For personal use only This presentation has been prepared by Resource Mining Corporation Limited (“RMC” or the “Company”). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an i
Slide 3: Corporate Overview
Corporate Overview For personal use only Structure Assets ASX Code RMI PNG – Shares currently on issue 2,700M Wowo Gap – EL1165, 1979,1980 Shares – fully diluted Nickel Market Cap A$2.7M Cash (Sep 30 2013) A$1.2M WA Tenements – Top 20 shareholders 73.8% St Patricks Project – Copper Gold Sinom (Hong
Slide 4: Assets and Changes
Assets and Changes For personal use only What are they? Disposed Retained Sale of Cue Project tenements PNG – Wowo Gap Project EL1165, 1979, 1980 Relinquishment of tenements St Patricks Project – Kumarina E52/2539 E37/1064,1078,1091,1110,1118 Tomkinson Ranges E69/2782 St Patricks Proje
Slide 5: Significant Exploration Upside
Significant Exploration Upside For personal use only • Mineralisation is open to the north and south of current resource model • Grant of EL 1979 and EL 1980 (neighbouring exploration leases) in 2012 • Ultramafic unit extends into EL1980, possibly EL1979
Slide 6: Wowo Gap Development Processing Options
Wowo Gap Development Processing Options For personal use only Wowo Gap Saprolite Limonite Chinese RKEF Japanese FeNi Smelter 3rd party HPAL Chinese Blast Furnaces High grade NPI Ferronickel Ni‐Co Hydroxide Low grade NPI or PI Next generation on site processing Saprolite & Limonite in one flowsheet
Slide 7: Nickel Uses
Nickel Uses For personal use only • Nickel (Ni) is primarily used for the production of stainless steel (66%) and super alloys (12%) • Nickel has many applications within construction, electronics, transport, energy, medicine, food production and consumer goods • The factors which make nickel and it
Slide 8: Stainless Steel Growth
Stainless Steel Growth For personal use only • Stainless steel production has a long track record of healthy global growth, ~5.3% pa since 1975 • Much of the growth in the last decade has been driven by China – now ~40% of global demand • Ongoing urbanisation and population growth, particularly in A
Slide 9: Stainless Steel Production
Stainless Steel Production For personal use only Traditional stainless steel production • Pure nickel is melted together with pig iron and/or scrap steel, chromium, manganese and silicon in an electric furnace to produce various grades of stainless steel Nickel Pig Iron as a precursor to stainless s
Slide 10: Rotary Kiln-Electric Furnace Growth
Rotary Kiln-Electric Furnace Growth For personal use only • The rapid growth in the use of RKEF means the NPI sector is the main supplier of nickel to the stainless steel market • Cost of RKEF is ~10% lower than traditional electric furnaces and produces a higher grade product • Four Chinese RKEF op
Slide 11: Indonesian Supply Gap
Indonesian Supply Gap For personal use only • Laterite ore used in Chinese NPI originates primarily from Indonesia and the Philippines • Imports from these countries have grown exponentially since 2008 • Indonesia represents around half of the current nickel laterite feed source for Chinese SS produ
Slide 12: WOWO Gap Development Pathway
WOWO Gap Development Pathway For personal use only Better define Saprolite/Limonite Further resource Finance & JV parameters drilling partner Commissioning Scoping study Definitive Feasibility Study
Slide 13: Thank you
For personal use only Thank you