Grange Resources Limited · ASX:GRR
Grange Resources — Asia Mining Congress 2008
18 slides from Grange Resources's conference presentation, Apr 11, 2008
Slide 1: The Kemaman Pellet Plant Project
The Kemaman Pellet Plant Project An advanced project targeting a niche sector of the iron ore market For personal use only Grange Resources Limited (GRR) Level 11, 200 St Georges Terrace Asia Mining Congress Perth, WA 6000, Australia Singapore Phone + 618 9321 1118 Fax + 618 9321 1523 8 – 10 April 2
Slide 2: Disclaimer
Disclaimer For personal use only • The material in this presentation (“material”) is not and does not constitute an offer, invitation or recommendation to subscribe for, or purchase, any security in Grange Resources Limited (“GRR”) nor does it form the basis of any contract or commitment. GRR makes
Slide 3: Grange Corporate Profile
Grange Corporate Profile For personal use only Board of Directors Shares Anthony Bohnenn Non Executive Chairman ASX Code: GRR Russell Clark Managing Director Current shares on Issue: 115,201,099 Alex Nutter Technical Director Unlisted Options on Issue to Rio Tinto: 17,500,000 Richard Krasnoff Non Ex
Slide 4: Growth in Global Seaborne Iron Ore Trade
Growth in Global Seaborne Iron Ore Trade For personal use only 4
Slide 5: Australian Iron Ore Exports 2007
Australian Iron Ore Exports 2007 For personal use only Others France Taiwan S.Korea China Japan Dry tonnes basis Sources: Tex Report 5
Slide 6: No Australian Iron Ore is currently sold into Indonesia, Malaysia or the Gulf region
For personal use only No Australian Iron Ore is currently sold into Indonesia, Malaysia or the Gulf region Why not? 6
Slide 7: Malaysia
For personal use only 7 MALAYSIA
Slide 8: Demand for DR Pellets
Demand for DR Pellets For personal use only DR pellet demand is projected to increase significantly in SE Asia and the Gulf Region. 70 60 +40% 50 40 +70% SE Asia Mt 30 Gulf +220% 20 10 0 2006 2008 2012 2017 Source – Sojitz Corporation 8
Slide 9: DR Grade Pellet Prices 2003 - 2015
DR Grade Pellet Prices 2003 - 2015 For personal use only DR Pellet Prices – FOB Brazil Tubarao DR Pellets 350 300 250 U S c ents /m tu 200 +87% 150 100 50 0 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Metalytics Forecasts 9
Slide 10: Kemaman Pellet Plant – Strategic Position
Kemaman Pellet Plant – Strategic Position Proximity to Customers For personal use only DR PELLET CONSUMERS COUNTRY 1 Perwaja Steel Malaysia 2 Amsteel Malaysia 3 Krakatau Steel Indonesia 4 Megasteel Malaysia 5 Qasco Qatar 6 Hadeed Saudi Arabia 7 Various UAE 8 Various India BF PELLET CONSUMERS COUNTRY
Slide 11: Project Overview
Project Overview For personal use only PELLET PLANT PRODUCING 4. DIRECT REDUCTION AND BLAST FURNACE PELLETS 3. CONCENTRATE SHIPPED IN CAPESIZE VESSELS 2. 100KM SLURRY PIPELINE TO ALBANY PORT 1. MINING AND CONCENTRATION OPERATIONS FOR 35 YEARS 11
Slide 12: West Wharf
For personal use only 12 WEST WHARF
Slide 13: Project Infrastructure – Kemaman Site
Project Infrastructure – Kemaman Site For personal use only 13
Slide 14: Project Infrastructure - Kemaman
Project Infrastructure - Kemaman All key infrastructure in place For personal use only ; Deep Water Port West Wharf suitable for Capesize vessels ; Transport Conveyor corridor between Port and pellet plant ; Power, Gas & Power – TNB (substation immediately next to site) Water Gas – Petronas, Water –
Slide 15: Partners
Partners For personal use only • Sojitz are earning a 30% interest in the project. • Sojitz will pay a royalty to Grange of up to 3.5% on their 30% share of production 15
Slide 16: Project Status
Project Status For personal use only Item Status Expected Timing Feasibility Study ; Addition testwork with Metso Minerals underway to secure Process Guarantees Malaysian Environmental Approval ; Malaysian Investment Incentives Australian Environmental Approval ; In progress H2 2008 Project Struct
Slide 17: Project Highlights
Project Highlights ; For personal use only Advanced Project Feasibility Completed ; Infrastructure in Place ; Ability to produce High Quality (DR Grade) Pellets ; Growing DR Pellet Market in SE Asia & Middle East ; Pellet Plant Close to Key Markets ; Joint Venture with Sojitz – a leader in the pelle
Slide 18: Key Contacts
Key Contacts For personal use only NEIL MARSTON General Manager - Commercial and Company Secretary, Grange Resources Limited Tel +61 (8) 9321 1118 nmarston@grangeresources.com.au 18