Om Holdings Ltd. · ASX:OMH
Om — 8th Annual Mining the Territory Conference 2014
27 slides from Om's conference presentation, Aug 20, 2014
Slide 1: OM Manganese Ltd Presentation ASX cover letter
OM HOLDINGS H LIMITED For personal use only (ARBN 081 028 337) No. of Pages Lodged: 27 20 August 2014 ASX Market Announcements ASX Limited 4th Floor 20 Bridge Street SYDNEY NSW 2000 Dear Sir/Madam OM MANGANESE LTD PRESENTATION Please find attached a copy of a presentation to be delivered by Mr. Trev
Slide 2: Background Information on OM Holdings Limited
BACKGROUND INFORMATION ON OM HOLDINGS LIMITED OMH listed on the ASX in March 1998 and has its foundations in metals trading – incorporating the sourcing and distribution of manganese ore products and subsequently in processing ores into ferro-manganese intermediate products. The OMH Group now operat
Slide 3: Bootu Creek Mine Update: Responding to Change
For personal use only BOOTU CREEK M I N E UP DATE RESP ONDI N G TO CHAN GE M I N I N G THE TER R I TOR Y CON FER EN CE August 2014 1
Slide 4: Disclaimer
Disclaimer This presentation has been prepared and issued by OM Holdings Limited ARBN 081 028 337 (“OMH”). This For personal use only presentation contains summary information about OMH and its subsidiaries. The information in this presentation does not purport to be complete or to provide all infor
Slide 5: Presentation
Presentation For personal use only o Bootu Creek Mine (BCM) background o Update and “Change Pressures” o OM Holdings Parent o Where to for BOOTU? 3
Slide 6: BCM Location
BCM Location For personal use only o 900km south of Darwin (by road) o 600km north of Alice Springs (by road) 4
Slide 7: BCM
BCM o 100% owned, commenced production in 2006 For personal use only o High Value-in-Use siliceous grade manganese orebody o Mineral Resources of 23.5 million tonnes @ 22.3% Mn and Ore Reserves of 12.5 million tonnes @ 20.9% Mn (refer ASX announcement “Bootu Creek Mineral Resources and Ore Reserve u
Slide 8: Bootu Creek Mine – Tenement Holding
Bootu Creek Mine – Tenement Holding For personal use only o Total tenement area 1612 km2 (approx 95km long x 35km wide) o Includes Mining Lease 38 km2 (approx 20km long x 6
Slide 9: BCM Site Layout
For personal use only BCM Site Layout 7
Slide 10: BCM Processing
BCM Processing For personal use only Feed 2.5 Mtpa 22.5% Mn Fines Product 130 ktpa 35.8% Mn Lump Product 650 ktpa 35.8% Mn Overall Plant Recovery 60.1% Overall Plant Yield 38.3% Fines Product 174 ktpa 35.8% Mn 8
Slide 11: BCM Products
BCM PRODUCTS For personal use only BOOTU CREEK MANGANESE ORE PRODUCT SPECIFICATION Mn % Fe % SiO2 % Al2O3 % P% Sizing % OMML 35/7 Min 35.5 % 6 - 80 mm Max 7 % Min 18% Max 4% Max 0.07 % OMMF 37/7 Min 37.0 % 0.6 - 10 mm OMMF 35/7 Min 35.5 % 0.6 - 10 mm 9
Slide 12: Pressure For Change
For personal use only $3.00 $3.50 $4.00 $4.50 $5.00 $5.50 $6.00 4/01/2013 25/01/2013 15/02/2013 8/03/2013 29/03/2013 19/04/2013 10/05/2013 31/05/2013 21/06/2013 12/07/2013 2/08/2013 23/08/2013 13/09/2013 4/10/2013 25/10/2013 Pressure For Change 15/11/2013 6/12/2013 27/12/2013 17/01/2014 7/02/2014 28
Slide 13: Capacity For Change
Capacity For Change For personal use only o OM Manganese Ltd, small to medium sized mining company with flat structure. o Sound business knowledge. o Tight commercial control. o Skilled and informed workforce. o Float of subcontract workers. o Hired plant surplus. o Mature contractor relationships.
Slide 14: Business Challenge
Business Challenge For personal use only Three Options Existing o Increase the Price. o Reduce Cost o Improve production and efficiencies. 12
Slide 15: Actionable Steps
Actionable Steps For personal use only o Key Driver maintain production outputs = maximised revenues. o Reduce C1 $/dmtu cost profile. o Re-optimise mining targets, lower strip ratios, reschedule the mine. o Remove 1 x excavator fleet activity. o Reduce mining team by 1/3rd. o Retraining for multi-s
Slide 16: Actionable Steps Continued
Actionable Steps Continued For personal use only o Remove hire fleet, replace with owned assets. o Take an advantageous end position on older assets. o Re-profile airstrip, plane size and reduce flights by 20%. o Improve Secondary Process Plant production. o Mine site organisation restructure to imp
Slide 17: Execute Month Delivery Plan
Execute 3 Month Delivery Plan For personal use only o Reduce Mining Operations July 2014 o Reduce Charter Air Services July 2014 o Finance Hired Truck fleet August 2014 o New Hitachi EX1900 September 2014 o Replace Hired ancillary equipment September 2014. o Production Improvement SPP September 2014
Slide 18: Evaluate and Improve
Evaluate and Improve Mining Volumes - Monthly 2013/2014 For personal use only 900 841 854 828 799 800 768 738 700 675 672 647 648 620 608 604 586 600 538 513 KBCM's 500 400 372 349 300 229 200 100 - BCM/manhour 60 55 50 20% Gain 45 40 35 30 BCM/manhour 25 20 15 16
Slide 19: OMH Strategic Focus
OMH STRATEGIC FOCUS A world-class miner and smelter of Manganese and Ferro Silicon For personal use only Exploration & Mining Ferro Alloy Smelting Marketing & Trading Exploration Smelting – China Equity product sales Bootu + Regional OM Qinzhou – up to Ore, Sinter, Alloys 80ktpa alloys and Mining –
Slide 20: OMH and Sarawak (Malaysia)
OMH and SARAWAK (Malaysia) For personal use only o Building a world-class smelter to reliably and competitively supply ferro alloys to the Asian and global steel industries o Competitively priced power, coastal industrial land, purpose built port facility and geographic proximity to key raw material
Slide 21: Bintulu
For personal use only Bintulu 19
Slide 22: Bintulu Facility
BINTULU FACILITY For personal use only Ferrosilicon and Manganese Alloy Smelter Phase 1 Ferrosilicon: 16 sets of 25.5 MVA furnaces Phase 2 Manganese alloy: 200k to 300k MT capacity 20
Slide 23: Bintulu Construction
BINTULU CONSTRUCTION For personal use only 21
Slide 24: Bintulu Delivery
For personal use only BINTULU DELIVERY 22
Slide 25: Final Message
FINAL MESSAGE o 2014 tough market environment to operate. For personal use only o BCM needs to cut its cloth accordingly. o BCM upside advantage being created. o OMH parent building for the future. o BCM has a role to play as a key supplier across an integrated value chain 23
Slide 26: Thank You
For personal use only Thank You 24
Slide 27: Appendix OM Manganese Ltd
Appendix OM Manganese Ltd For personal use only 25
OM Holdings — 8th Annual Mining the Territory Conference 2014 on 6ix