Arafura Rare Earths Limited · ASX:ARU
Arafura Rare Earths — Arafura Resources — Mining 2009 Resources Convention
24 slides from Arafura Rare Earths's conference presentation, Oct 28, 2009
Slide 1: Mining 2009 Resources Convention
For personal use only Mining 2009 Resources Convention 28 October 2009
Slide 2: Disclaimer
Disclaimer For personal use only Important Notice This presentation contains certain statements which may constitute “forward‐looking statements.” Such statements are only predictions and are subject to inherent risks and uncertainties which could cause actual values, results, performance achievemen
Slide 3: Mission statement
Mission statement For personal use only Arafura’s principal aim is to build a globally competitive rare earths production and marketing business. We will do this by: y developing the Nolans Rare Earths‐Phosphate‐Uranium Project y pursuing long‐term strategic growth opportunities in rare earths throu
Slide 4: Corporate structure
Corporate structure For personal use only As at 27 October 2009 Shares on issue 259.2 million Market capitalisation (ASX:ARU closing price @ 27 October 2009) @ A$0.78 = ~A$202 million Cash (@ 30 June 2009) A$11.1 million Top shareholders ANZ Nominees 36.6% ECE1 24.9% Board & management 3.6% Citicorp
Slide 5: 2009 – key milestones
2009 – key milestones For personal use only
Slide 6: Portfolio
For personal use only Portfolio
Slide 7: Rare Earths & Phosphate
For personal use only Rare Earths & Phosphate
Slide 8: Rare earth applications
Rare earth applications For personal use only
Slide 9: Nolans rare earths mix
Nolans rare earths mix For personal use only
Slide 10: Rare earths – demand growth, constrained supply
Rare earths – demand growth, constrained supply For personal use only BCC Research forecasts 7‐9% Compound Annual Growth Rate increase in global demand for rare earths over the next five years. Equates to overall increase of +60,000 tonnes c.f. supply increase of +40,000 tonnes.
Slide 11: Nolans rare earth value
Nolans rare earth value For personal use only BCC Research forecasts 20‐30% Compound Annual Growth Rate increase in rare earth prices over the next five years
Slide 12: Phosphoric acid prices
Phosphoric acid prices For personal use only
Slide 13: Nolans Project
For personal use only Nolans Project
Slide 14: Location
For personal use only Location
Slide 15: A globally significant resource
A globally significant resource For personal use only y Ample scope to grow resource base if needed y Estimated mine life 20+ years
Slide 16: Mineralisation
Mineralisation For personal use only y Mineralisation present over 150 hectares y Exposed at surface y Open at depth NBDH‐18 massive apatite mineralisation 18m @6.2% REO, 29.9% P2O5, 1.2 lb/t U3O8
Slide 17: Development timeline – a review
Development timeline – a review For personal use only
Slide 18: Flow sheet
For personal use only Flow sheet
Slide 19: Pilot plant
Pilot plant For personal use only Heavy Media Separation Froth Flotation Rare Earth Processing Acid Bake Phosphoric Acid SX Rare Earth Carbonate Phosphoric Acid & CaCl2 Uranium
Slide 20: Recoveries have improved
Recoveries have improved For personal use only
Slide 21: CAPEX & OPEX considerations
CAPEX & OPEX considerations For personal use only BFS has lowered operating costs Hydrochloric acid consumption down 30% Sulphuric acid consumption down 20% Replaced 50% of caustic with lime, reducing costs Capital savings identified − Plant can be modularised, shipped and then assembled in Australi
Slide 22: Valuation
For personal use only Valuation
Slide 23: Development timeline – looking forward
Development timeline – looking forward For personal use only
Slide 24: Thank You
For personal use only Thank You Visit us at Booth 16-17