White Energy Company Limited · ASX:WEC
White Energy — Investor Presentation (June 2012)
26 slides from White Energy's investor presentation, June 2012
Slide 1: Company Presentation June 2012
Company Presentation June 2012
Slide 2: White Energy
White Energy A diversified coal company listed on the ASX with significant global growth opportunities White Energy gy is the exclusive worldwide licensee of a p patented technology gy which upgrades pg high g moisture low value sub-bituminous and lignite coals through a low cost process of dehydr
Slide 3: Platform for Growth
Platform for Growth White Energy is organised around two distinct – but related – business divisions Coal Technology Coal Mining Upgrade Upgrade South Australian Other mining Coal Fines Sub-bituminous coal Coal Limited assets (coking, thermal) United Other Indonesia Australia Africa Other Markets St
Slide 4: The Need for Cleaner Coal
The Need for Cleaner Coal A major portion of remaining world coal reserves are low rank. The current and future dependence on coal will require technologies that can reduce emissions and mitigate the negative effects of coal use Global coal deposits by location and type, Total Coal Reserves % of Low
Slide 5: White Energy's Upgrading Technology
White Energy’s Upgrading Technology The BCB ttechnology Th h l h has been b d developed l d over 20 years, b by a consortia ti led l d by the CSIRO Exhaust Five Production Stages 1. Coal Preparation Seperating Cyclone 2. Crushed coal drying Bag House 3. Solids separation 4. Briquetting Dried Coal &
Slide 6: Value Proposition
Value Proposition White Energy’s commercial proposition is simple – access low cost / low rank coals and upgrade the coal to more valuable and higher energy briquettes Product Upgrade Historical Price Arbitrage Historical Coal Prices (US$/ton) 2007 - 2011 Feedstock coal Upgraded high energy • High g
Slide 7: White Energy Upgraded Coal vs Sub-Bituminous Coal
White Energy Upgraded Coal vs Sub-Bituminous Coal White Energy upgraded coal results in improved energy content, lower emissions and enhanced transportation efficiencies when compared to lower rank feedstock coal Benefits of White Energy upgraded coal compared to typical Sub-Bituminous feedstock coa
Slide 8: White Energy Upgraded Coal vs Sub-Bituminous Coal
White Energy Upgraded Coal vs Sub-Bituminous Coal Significantly, the White Energy process leads to lower emissions during transportation and at the point of combustion % Difference in Pollutants Emitted by White Net % Reduction in Actual Reduction in Energy Upgraded Coal versus PRB Coal Pollutants1
Slide 9: White Energy Upgraded Coal vs Bituminous Coal
White Energy Upgraded Coal vs Bituminous Coal White Energy upgraded coal has an improved pollution profile as it maintains the positive environmental attributes of the lower rank feedstock coal Superior environmental performance as compared d to t typical t i l Australian A t li bituminous bit i coa
Slide 10: Growth Platform for White Energy Upgraded Coal
Growth Platform for White Energy Upgraded Coal The Company has identified a number of key areas of focus for Calendar Year 2012 A t li Australia I d Indonesia i U it d States United St t Af i Africa Chi China Key • Lake Phillipson • Tri Mitra Bayany • Buckskin • Black River • In commercial Partners
Slide 11: Tabang – The World's First Commercial Scale Coal Upgrading Plant
Tabang – The World’s First Commercial Scale Coal Upgrading Plant Utilising White Energy’s design and project management skills, construction of the world’s first 1 Mtpa coal upgrading plant was completed in early 2009 Located in East Kalimantan, Indonesia Well positioned to take advantage of key
Slide 12: Tabang – The World's First Commercial Scale Coal Upgrading Plant (cont)
Tabang – The World’s First Commercial Scale Coal Upgrading Plant (cont) The upgrading of sub-bituminous coals through the reduction of moisture has been the goal of sub-bituminous coal producers and users for many years 10 Megawatt g Coal-fired Power Station - Tabang g 1 Mtpa p Coal Upgrading pg g P
Slide 13: Update on KSC's Tabang Operation
Update on KSC’s Tabang Operation At the time of suspension of operations at Tabang in November 2011, the various plant modification works being undertaken at site were around 95% complete Coal Drying • extension of the coal drying column was completed during the June 2011 plant shutdown • based on o
Slide 14: Update on KSC's Tabang Operation (cont)
Update on KSC’s Tabang Operation (cont) An extension of the coal drying column was successfully completed during the June 2011 plant shutdown, and target moisture reductions were being achieved BEFORE AFTER Prior to June 2011 Drying Column Extension Post June 2011 Drying Column Extension Page14 14
Slide 15: Update on KSC's Tabang Operation (cont)
Update on KSC’s Tabang Operation (cont) Two additional dust collection baghouses were installed at site, and were awaiting final tie-in to the main plant at the time operations were suspended Page15 15
Slide 16: Update on KSC's Tabang Operation (cont)
Update on KSC’s Tabang Operation (cont) The briquette cooling tower was relocated away from the main plant, in order to facilitate more effective cooling of the upgraded coal briquettes. Final tie-in to the main plant was scheduled to occur in November 2011 when operations were suspended Page16 16
Slide 17: Update on KSC's Tabang Operation (cont)
Update on KSC’s Tabang Operation (cont) Approximately 400 metres of additional product conveyors were installed at site, together with a much larger covered stockpile area Page17 17
Slide 18: Update on KSC's Tabang Operation (cont)
Update on KSC’s Tabang Operation (cont) Key milestones at Tabang included the successful stockpiling of 15,000 tonnes of briquetted coal for over 6 months without any moisture re-absorption Page18 18
Slide 19: The Coal Fines Opportunity
The Coal Fines Opportunity More recently, White Energy has identified opportunities associated with the deployment of the BCB technology to the briquetting of coal fines A number of recovered coal fines samples have been successfully tested at the Cessnock Production Plant over the past 12 months
Slide 20: Cessnock Production Plant – a Centre of Excellence
Cessnock Production Plant – a Centre of Excellence Research and development activities at the Cessnock Production Plant have recently intensified, with a number of coal samples undergoing detailed testing at site Demonstration Plant, Cessnock – used to process larger-scale coal samples In excess o
Slide 21: South Australian Coal Limited
South Australian Coal Limited The SACL takeover in 2010 provided the foundations for White Energy to be a diversified company A large deposit of sub-bituminous coal - EL4534 Exploration asset 1.1 billion tonnes of JORC resources as at 31 Dec 2011 Industry leading Board and management team expe
Slide 22: Potential Uses of the Lake Phillipson Deposit
Potential Uses of the Lake Phillipson Deposit Lake Phillipson Coal Deposit Gawler Craton Sell S ll high hi h Develop D l Upgrade coal via Identify new coal moisture coal minerals and BCB Technology technologies domestically base metals South Australia As an owner of a coal Olympic Dam and Th
Slide 23: Board and Management
Board and Management A highly regarded board and management team with an industry wide reputation for delivery and execution of major coal projects 5 of the ex-Felix Resources board members and management team were appointed in 2010 following the South Australia Coal takeover Strengthens White E
Slide 24: Forward Looking Statements
Forward Looking Statements Except for the historical information contained herein, the matters discussed in this presentation contain forward- looking statements, including statements, containing the words “planned”, “expects”, “believes”, “strategy”, “opportunity”, “anticipates”, and similar words.
Slide 25: Competent Person Statement
Competent Person Statement South Australian Coal Limited The information in this presentation, which relates to Exploration Results, Mineral Resources or Ore Reserves at EL4534, for coal, is based on information compiled by Jonathan Barber, who is a member of the Australasian Institute of Mining and
Slide 26: Maritime Trade Towers, Sydney
Maritime Trade Towers Level 20 20, 201 Kent Street Sydney, NSW 2000 Telephone: +61 2 9959 0000 Facsimile: + 61 2 9959 0099 Email: info@whiteenergyco.com info@whiteenergyco com ABN 62 071 527 083
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