Iluka Resources Limited · ASX:ILU
Iluka Resources — Mineral Sands Conference 2021
21 slides from Iluka Resources's conference presentation, Nov 16, 2021
Slide 1: Delivering value through an integrated processing model
1 Iluka Resources Limited Delivering value through an integrated processing model Mineral Sands Conference 2021 Matthew Blackwell Head of Major Projects and Marketing
Slide 2: Disclaimer and compliance statement
Disclaimer and compliance statement 2 This presentation has been prepared by Iluka Resources Limited (Iluka). By accessing this presentation you acknowledge that you have read and understood the following statement. This document provides an indicative outlook for the Iluka business in the 2021 fina
Slide 3: Australian operations
Australian operations 3 Cataby / South West Jacinth-Ambrosia / Mid West Eneabba Large chloride ilmenite rich mine, commissioned in 2019. Ilmenite One of the world’s largest zircon mines, discovered and developed by World’s highest grade rare earths operation, based on strategic feeds Synthetic Rutil
Slide 4: Iluka's commitment to sustainability
Iluka’s commitment to sustainability 4 Key pillars of Iluka’s sustainability approach 1.7 TRIFR 43% (H1 2020: 3.2) female representation Health and safety Executive and Board (Total Recordable Injury Frequency Rate) Our people Our communities Environmental stewardship 26% 319ha Indigenous employment
Slide 5: Jacinth-Ambrosia - hybrid power evolution
Jacinth-Ambrosia - hybrid power evolution Iluka commissioned its first solar farm at Jacinth-Ambrosia in Q3 2021 with the plant expected to produce power from Q4 2021. The project is now being used as a template for future developments across Iluka’s sites 3.5MW 1460MW hours Forecast production for
Slide 6: Co-products of mineral sands delivering value
Co-products of mineral sands delivering value 6 Iluka continuously seeks to maximise resource efficiency, reduce waste at source and increase our contribution to the circular economy Iluka is a leading Monazite Zircon Rare Earth Oxides* (co-product) global producer of TiO2 Feedstocks the critical mi
Slide 7: A global distribution network
A global distribution network 7 Iluka’s global distribution network provides confidence for customers and delivers value for shareholders Iluka supplies more than 250 direct customers in over 40 countries Narngulu, Western Australia
Slide 8: Markets
Markets
Slide 9: Zircon Key Features
Zircon 9 Key Features Iluka annual zircon production • Q3 21 YTD sales 266kt (Q3 20 YTD: 142kt) Zircon (kt) 400 Result – Q3 sales of 89kt (+40% YoY) after Q2 sales of 91kt 300 Average 314kt • Demand in key markets reflecting a return to pre-pandemic production levels 200 • Q3 21 YTD weighted average
Slide 10: High-grade titanium feedstocks Key Features
High-grade titanium feedstocks 10 Key Features • Q3 21 YTD sales 410kt (Q3 20 YTD: 209kt) Rutile net realised FOB price US$/t Result – Q3 sales of 129kt after Q2 sales of 152kt • Demand in all regions outpacing supply US$/t 1600 • Q3 21 rutile price up 1.5% to US$1,242/t1 Pricing • Pigment pricing m
Slide 11: Rare earths – increasing global demand
Rare earths – increasing global demand 11 By volume Battery alloys By value Battery Alloys Catalysts Catalysts 2019 rare earth use Ceramics, pigments, glazes Ceramics, pigments, glazes • By volume permanent magnets accounted for nearly 40% of global consumption in 2019 Glass Glass Permanent Metals,
Slide 12: Rare earths – global magnet supply chain
Rare earths – global magnet supply chain 12 MAGNET IN COMPONENTS EXPLORATION, RE ORE PRODUCTION OF NdFeB MAGNET AND FINAL OXIDE METALS DEVELOPMENT, PRODUCTION PRODUCT BENEFICIATION SEPARATION MINING CHINA CHINA CHINA CHINA CHINA CHINA AUSTRALIA MALAYSIA MALAYSIA VIETNAM JAPAN JAPAN USA AUSTRALIA EST
Slide 13: Projects
Projects Eucla Basin, South Australia
Slide 14: Project pipeline
Project pipeline 14 The company develops and progressively gates projects towards execution subject to: improving confidence and satisfaction with the risk-return attributes; continued strategic alignment; and sequencing to take advantage of economic and market outlook ASSESS SELECT DEVELOP EXECUTE
Slide 15: Synthetic Rutile Kiln 1 (SR1) restart, Western Australia – execute decision
Synthetic Rutile Kiln 1 (SR1) restart, Western Australia – execute decision 15 A capital efficient, incremental synthetic rutile production response, to deliver increased high grade titanium dioxide feedstock in supply constrained market Project overview Parameters • SR1 kiln is located at Capel, We
Slide 16: Balranald, New South Wales – definitive feasibility study decision
Balranald, New South Wales – definitive feasibility study decision 16 Third technology trial completed and confirmed effectiveness of the underground mining method; definitive feasibility study (DFS) approved Project overview DFS parameters and basis of design West Balranald is a rutile-rich deposit
Slide 17: Wimmera, Victoria – move to larger-scale piloting
Wimmera, Victoria – move to larger-scale piloting 17 Wimmera is a large-scale deposit with the potential to produce ceramic-grade zircon and rare earth products. Project work is focussed on finding a processing solution to remove impurities from the zircon Project overview The Wimmera project involv
Slide 18: Wimmera, Victoria – significant work completed
Wimmera, Victoria – significant work completed 18 The Wimmera deposits were discovered in 1982 and significant investment has been made to date. If solved, a processing solution for Wimmera has the potential to unlock other deposits in the region Timeline 1982 WIM150 discovered by CRA (a subsidiary
Slide 19: Eneabba, Western Australia
Eneabba, Western Australia 19 Eneabba Phase 1 operational. Phase 2 under construction. Phase 3 – a fully integrated rare earths refinery – feasibility study progressing Project overview The Eneabba development in Western Australia involves the reclaiming, processing and sale of a strategic stockpile
Slide 20: Eneabba Phase 3 – a fully integrated rare earths refinery
Eneabba Phase 3 – a fully integrated rare earths refinery 20 Iluka is progressing a ~$20 million feasibility study1 on Eneabba Phase 3, a fully integrated rare earths refinery. Most work is scheduled for completion by the end of 2021, in advance of finalisation of the feasibility study in early 2022
Slide 21: Jacinth-Ambrosia, South Australia
Jacinth-Ambrosia, South Australia