Iron Road Ltd · ASX:IRD
Iron Road — Shareholder Meeting (November 2024)
19 slides from Iron Road's shareholder meeting presentation, Nov 22, 2024
Slide 1: 2024 Annual General Meeting
2024 Annual General Meeting Chief Executive Officer’s presentation Larry Ingle 22 November 2024
Slide 2: Disclaimer
Disclaimer Forward Looking Statements This presentation has been authorised for release by the Board of Iron Road Ltd (Company). It is not a prospectus nor an offer of securities for subscription or sale in any jurisdiction nor a securities recommendation. The information in this presentation is an
Slide 3: Key 2024 achievements
Key 2024 achievements Execution of binding Option Deeds & Licence Agreement with Northern Water relating to the circa. $5 billion desalination plant & pipeline with the plant located at the Cape Hardy Industrial Port Precinct - minimum value circa. $3.92 million Execution of binding transaction docu
Slide 4: Improving cash position
Improving cash position Transactions with Northern Water & Amp Energy reflects the strategic greenfield Cape Hardy gulf-front land asset and its integral role as a key contributor to the South Australian Government’s State Prosperity Project >$10 million of associated 2024 / Q1 2025 non-dilution
Slide 5: Northern Water
Northern Water Forms the backbone of South Australia’s State Prosperity Project A 2023 Multi-Criteria Analysis identified Cape Hardy as the best performing site across four possible options for the location of an industrial-scale desalination plant- the others were Point Lowly, Crag Point & Mull
Slide 6: CEIP slurry pipeline
CEIP slurry pipeline The Company has commissioned WSP to undertake a scoping study, for a slurry hydro transport pipeline and supply / return water pipeline option within the approved CEIP infrastructure corridor The option has materialised in response to (i) the Northern Water desalination plan
Slide 7: Amp Energy
Amp Energy 1GW first stage electrolyser capacity & incremental growth to 5GW for green hydrogen / green ammonia / green iron Cape Hardy land option agreements executed totalling ~604ha Sites for upstream renewable energy advancing, including extensive community engagement across their entire p
Slide 8: Vestas – Eyre Peninsula
Vestas – Eyre Peninsula CEIP Mine Eyre Peninsula Iron Road has continued to proactively seek credible and firmed, grid-connected power supply solutions to meet CEIP demand Cleve Wind Vestas, a world leader in the onshore wind Farm market, & Iron Road are now collaborating on Yadnarie green power
Slide 9: Green Iron opportunity
Green Iron opportunity Test work has demonstrated that the CEIP orebody can readily produce a premium DR grade iron concentrate product grading 69.7% Fe @ -53µm, ideal as a feedstock for modern iron & steelmaking The Company is an active participant in the South Australian Government’s Green Iro
Slide 10: Importance to State Prosperity Project
Importance to State Prosperity Project The CEIP, Cape Hardy, and key initiatives such as the Northern Water project, Amp Energy’s green hydrogen hub, Vestas large-scale renewable energy project and other associated developments are all crucial elements to support and assist the vision of the State
Slide 11: Cape Hardy – emerging industrial port precinct
Cape Hardy – emerging industrial port precinct
Slide 12: Key 2025 priorities
Key 2025 priorities Attract sector experienced, global mining / minerals & energy companies onto the Iron Road register Continue to build the Company’s non-dilutionary cash position by successfully advancing existing land purchase agreements and unlocking milestone progress payments Achieve co
Slide 13: Authorised for release by the board of Iron Road Ltd
Authorised for release by the board of Iron Road Ltd For further information, please contact: Larry Ingle, Chief Executive Officer Iron Road Ltd Level 3, 63 Pirie Street Adelaide SA 5000 Australia Tel: +61 8 8214 4400 Or visit ironroadlimited.com.au ASX: IRD admin@ironroadlimited.com.au Cape Hardy J
Slide 14: Appendix: The Mine
Appendix The Mine Located 1km east of Warramboo, 28km southeast of Wudinna, central Eyre Peninsula Mineral Resource - 4.5Bt @ 16% Fe (156,000m diamond core, 200x100m spacing) Ore Reserve - 3.7Bt @ 15% Fe, generating 589Mt @ ~67% Fe Mine plans - 21.5Mtpa DFS & 12Mtpa optimised scenario develo
Slide 15: Appendix: Process flowsheet optionality for DR grade concentrate
Appendix Process flowsheet optionality for DR grade concentrate Ore Reserve estimate - SRK Consulting Vancouver and Perth CEIP Ore Processing independent technical review – Metalytics Resource Sector Economics Process flowsheet originally designed to produce high-grade sinter feed as a blendin
Slide 16: Appendix: The Infrastructure Corridor
Appendix The Infrastructure Corridor Connects the mine with the port precinct for value adding of high-grade iron concentrate and / or export ~130km in length, benign topography 1km wide clearance as per the CEIP ILUA with the Barngarla Determination Aboriginal Corporation (BDAC) Approved fo
Slide 17: Appendix: The Port Cape Hardy Industrial Port Precinct
Appendix The Port Cape Hardy Industrial Port Precinct Port precinct boundary (IRD 1,207ha) Located 7km south of Port Neill & 30km north Causeway and tug harbour Module offloading facility of Tumby Bay, southern Eyre Peninsula Cape-class wharf 1,207ha Greenfields, gulf-side land Nearshore deep
Slide 18: Appendix: CEIP Ore Reserve Summary
Appendix Table 1 – CEIP Ore Reserve Summary Metric Resource Fe SiO2 Al2O3 Tonnes Classification (%) (%) (%) (Mt) Proved 2,131 15.55 53.78 12.85 Probable 1,550 14.40 53.58 12.64 Total 3,681 15.07 53.70 12.76 The Ore Reserves estimated for CEIP involving mine planning is based on and fairly represents
Slide 19: Appendix: CEIP Global Mineral Resource
Appendix Table 2 – CEIP Global Mineral Resource Tonnes Fe SiO2 Al2O3 P LOI Location Classification (Mt) (%) (%) (%) (%) (%) Measured 2,222 15.69 53.70 12.84 0.08 4.5 Murphy South/Rob Roy Indicated 474 15.6 53.7 12.8 0.08 4.5 Inferred 667 16 53 12 0.08 4.3 Boo-Loo/Dolphin Indicated 796 16.0 53.3 12.2