Energy Resources Of Australia Ltd. Class A · ASX:ERA
Energy Resources Of Australia Ltd. Class A — Merrill Lynch Conference 2010
16 slides from Energy Resources Of Australia Ltd. Class A's conference presentation, May 11, 2010
Slide 1: Energy Resources of Australia
Energy Resources of Australia For personal use only Merrill Lynch Conference – 11 May 2010 Rob Atkinson - Chief Executive 1
Slide 2: Cautionary statement
Cautionary statement This presentation has been prepared by Energy Resources of Australia Ltd (“ERA”) and consisting of the slides for a For personal use only presentation concerning ERA. By reviewing/attending this presentation you agree to be bound by the following conditions. Forward-looking stat
Slide 3: Acknowledge Traditional Owners
Acknowledge Traditional Owners For personal use only The mining operations of Energy Resources of Australia Ltd (ERA) are located on Aboriginal land and are surrounded by, but separate from, Kakadu National Park. ERA respectfully acknowledges the Mirarr, Traditional Owners of the land on which the R
Slide 4: Energy Resources of Australia Ltd
Energy Resources of Australia Ltd
Slide 5: ERA overview – geographic region
ERA overview – geographic region For personal use only 5
Slide 6: Presentation overview
Presentation overview For personal use only ERA’s current operations and 2009 performance The outlook for uranium ERA’s growth opportunities 6
Slide 7: Sustainable development
Sustainable development For personal use only Nuclear power critical to reducing carbon emissions ERA provides the fuel for 1 per cent of world electricity Strong record of environment protection over 30 years ERA makes a vital social and economic contribution to the local region • Reached 20 per ce
Slide 8: Safety
Safety For personal use only All Injury Frequency Rates 5 4.5 Freqency rate (per 200,000 hrs worked) 4.20 4 3.5 3 2.54 2.5 1.84 2 1.5 1.00 1.01 0.68 1 0.5 0 2004 2005 2006 2007 2008 2009 8
Slide 9: ERA financial overview
ERA financial overview For personal use only 2009 2008 Change Net profit after tax - A$ million 272.6 221.8 + 23 % Underlying earnings - A$ million 272.6 119.0 + 129 % Income - A$ million 780.6 691.8 + 13 % Revenue from sales of uranium oxide - A$ million 767.8 495.6 + 55 % Net cash flow - A$ millio
Slide 10: Prices have weakened, but long-term outlook remains positive
Prices have weakened, but long-term outlook remains positive For personal use only $140 $120 $100 U3O8 (US$/lb) L-T prices now $80 fallen below US$60 $60 $40 Spot prices below cost of production for many mines (CRU - US$43.40) $20 $0 7 8 9 7 8 9 7 8 9 0 7 8 9 r-0 r-0 r-0 n-0 t-0 n-0 t-0 n-0 t-0 n-1
Slide 11: Market – demand outlook is positive
Market – demand outlook is positive For personal use only Russia: 31 reactors operating in 2008; growth plans have slowed due to economy. USA: 104 reactors operating and 11 new China: latest planned reactors planned 35 and proposed 90 new reactors World Reactors No. (Sep 09) India: 6 reactors under
Slide 12: Heap Leach facility – potential layout and location
Heap Leach facility – potential layout and location For personal use only 12
Slide 13: Ranger Deeps
Ranger 3 Deeps For personal use only Perspective to west: One possible location of entrance to exploration decline (provisional layout and decline design concept) 13
Slide 14: Exploration Projects - Priorities
Exploration Projects - Priorities 1. Ranger Orbit For personal use only 2. North RPA 3. East RPA 14
Slide 15: Summary
Summary For personal use only • Uranium market remains robust • ERA has reliably supplied uranium oxide for 30 years • Lease areas contain world class ore bodies • Heap Leach project well advanced • Other exciting development opportunities • Ranger 3 Deeps underground • Exploration potential • Oppor
Slide 16: For personal use only
www.energyres.com.au For personal use only 16
Energy Resources of Australia — Merrill Lynch Conference 2010 on 6ix