Australian Silica Quartz Group Limited · ASX:ASQ
Australian Silica Quartz — Bauxite Resources — Mines & Money Beijing 2013
19 slides from Australian Silica Quartz's conference presentation, June 2013
Slide 1: Scaling up to succeed
“Scaling up to succeed” Mines & Money Beijing Presentation 17-20 June 2013 Peter Canterbury – CEO, Bauxite Resources 1
Slide 2: Company Profile
COMPANY PROFILE Ordinary Shares 235m Stock Code: BAU Market Cap $28.2m (31/05/13) Bank Debt $0 Current cash $43m (31/05/13) Resource 243.7Mt bauxite Chair Barry Carbon CEO Peter Canterbury Major % Shareholders HD Mining & Inv PL 8.4% Yankuang Res PL 8.4% Big Fish Nom PL 7.51% Tailrain PL 7.23% Dilka
Slide 3: Company Profile
COMPANY PROFILE Large landholding 17,945 km2 (9,720 km2 granted) in WA’s Darling Range World’s largest producing area for bauxite Darling Range bauxite already supports 4 alumina refineries – 3 in lowest quartile JORC Code compliant Resources of 243.7 Million tonnes of bauxite Significant
Slide 4: Experienced Board
EXPERIENCED BOARD Barry Carbon AM – Chairman John Sibly – Non Executive Director Past CEO of Western Australian Highly respected mining executive with Environmental Protection Authority, past expertise in the bauxite alumina industries. Chairman of the Waste Authority of Western Past President of Gl
Slide 5: Established Joint Ventures
ESTABLISHED JOINT VENTURES Bauxite Alumina Joint Venture (BAJV) with Yankuang Resources (YK) Bauxite and Alumina rights only YK to fund 70% of all bauxite exploration costs for 70% bauxite resource HD Mining (Shandong # 1 Institute of Geology & Minerals Exploration (Shandong ) Bauxite righ
Slide 6: BRL Darling Range Resource Location & Distribution
BRL DARLING RANGE RESOURCE LOCATION & DISTRIBUTION Bauxite Resource Tenement Ownership Holdings Solely BRL 26.8Mt 2,251km2 Joint Venture 188.2Mt 14,665km2 with Bauxite • Tenements close to existing Alumina JV infrastructure, roads and rail (Yankuang • With direct access to bulk Group) handling ports
Slide 7: Resource Summary
RESOURCE SUMMARY Resource Size Al2O3 Available Reactive SiO2 Al2O3 Depth of Summary Al2O3 avail:SiO2 overburden Max Bauxite Bulk Density reactive Mt % % % (m) Thickness (m) BRL 100% Fortuna 26.8 37.8 29.2 1.4 20.9 2 13 2.17 BRL 100% Sub total 26.8 37.8 29.2 1.4 JV with Bauxite Alumina JV (Yankuang G
Slide 8: BRL & Partners Resource Growth
BRL & PARTNERS RESOURCE GROWTH 8
Slide 9: Why Darling Range Bauxite?
WHY DARLING RANGE BAUXITE? Weipa exports Western Australia largest bauxite ~10Mtpa Gove producing region in the world Weipa 12% Tenure dominated by large, private 25% land holdings (farms) with supportive community Excellent access to existing road Australia produced and rail infrastructure suit
Slide 10: Bauxite/Alumina/Aluminium – Market Dynamics
BAUXITE/ALUMINA/ALUMINIUM – MARKET DYMANICS China’s real estate investment growth – accounts for 40% of China’s Aluminium use Substitution by aluminium of wood in rail cars and copper in wiring now occurring Electric power industry reports high growth in aluminium twisted wire output Global
Slide 11: Bauxite/Alumina/Aluminium – Market Dynamics
BAUXITE/ALUMINA/ALUMINIUM – MARKET DYMANICS Smelters globally are now concerned about securing long term supplies of bauxite and alumina Whilst Indonesia is currently exporting bauxite it is likely that bans implemented in 2012 will be re-introduced in 2014. BRL’s WA Bauxite is a significant s
Slide 12: Chinese Bauxite Imports Changing Dynamics
CHINESE BAUXITE IMPORTS CHANGING DYNAMICS Chinese bauxite imports and prices (CIF to Chinese Port) • 2011 - 49Mt bauxite imported • May 2012 Indonesia restricts exports of bauxite • April 2013 Imported Bauxite reached all time Source: Antaike Report record of 6.7Mt Jamaica Guyana Guinea Fiji India/
Slide 13: BRL Has Scale to Develop the Alumina/Bauxite Industry in WA
BRL HAS SCALE TO DEVELOP THE ALUMINA/BAUXITE INDUSTRY IN WA Alcoa’s Jarrahdale mine extracted ~ 160Mt over its 35 year life to supply Kwinana Alumina Refinery Alcoa’s Del Park bauxite mine supplied ~ 55Mt of bauxite to Pinjarra over a 20 year period BRL’s current resources at 243MT are signifi
Slide 14: Bauxite Export Potential
BAUXITE EXPORT POTENTIAL 128,000t trial shipments in 2010 proved technical feasibility East Darling range deposits have existing nearby rail access and port capacity available to support shipment through Albany North Darling Range Deposits Rail are located close to rail and port facilities D
Slide 15: Eastern Darling Range
EASTERN DARLING RANGE Existing resource of 15Mt 300,000 mE 400,000 mE 500,000 mE (Ceres) supported by: 6,600,000 mN regional surface sampling historic drilling rainfall 6,500,000 mN Ceres 15Mt topography BRL has large tenement holding of 3,222 km2 6,400,000 mN Eastern Darling Small num
Slide 16: Northern Darling Range
NORTHERN DARLING RANGE Existing resource of 228.7Mt (Felicitas & Fortuna) supported by: – regional surface sampling – historic drilling – rainfall – topography BRL has large tenement holding of 3,640 km2 Small number of large properties (farms) 16
Slide 17: Why Bauxite Resources?
WHY BAUXITE RESOURCES? Size of BRL/Partner Resource with potential for significant increase Proximity to key export Market (China and SE Asia) Low temperature easily extracted Bauxite in world’s lowest cost refining environment Strong Partners Strong Leadership and Management Team Close
Slide 18: Forward Looking Statements
Forward Looking Statements No representation or warranty, express or implied, is made by Bauxite Resources Ltd that the material contained in this presentation will be achieved or prove to be correct. Except for statutory liability which cannot be excluded, each of Bauxite Resources Ltd, its officer
Slide 19: Competent Person Statement
COMPETENT PERSON STATEMENT The information in this report that relates to Cardea1&2, Juturna, Minerva, Rusina and Vallonia Mineral Resources is based on information compiled by Peter Senini who is a Member of the Australian Institute of Geoscientists. Mr Senini has sufficient experience which is rel