Slide 1: MRC Full Year Results Summary Presentation
ASX RELEASE ASX: MRC 28 February 2020 MRC FULL YEAR RESULTS SUMMARY PRESENTATION Mineral Commodities Ltd (“MRC” or “the Company”) is pleased to provide the attached presentation of the Financial Results for the financial year ended 31 December 2019. ENDS Issued by Mineral Commodities Ltd ACN 008 478
Slide 2: Mineral Commodities Ltd 2019 Financial Results
MINERAL COMMODITIES LTD 2019 Financial Results
Slide 3: Caution Statements
Caution Statements This document has been prepared by Mineral Commodities Ltd (MRC or the Nothing in these materials shall under any circumstances create an implication The information, if any, in this presentation which relates to Exploration Company) and comprises written materials/slides for a pr
Slide 4: Mineral Commodities Global Overview
MINERAL COMMODITIES GLOBAL OVERVIEW “With the acquisition of Skaland MRC operates two Skaland production centres, Flake Graphite Production – 10ktpa Flake Tormin and Skaland, Graphite Concentrate while advancing development at Munglinup and Tormin progressing ongoing Mineral Sands downstream graphit
Slide 5: Safety Performance
SAFETY PERFORMANCE 2018 2019 0 0 Three month rolling Total Recordable Injury Frequency Rate at year end 1.3 million working hours since last Lost Time Injury incident 4
Slide 6: Financial Performance
FINANCIAL PERFORMANCE Full Year Highlights 31-Dec-19 Variance US$ % Revenue 61,783,570 12% EBITDA 16,483,385 12% Profit before income tax 11,867,343 14% Profit after income tax 7,828,231 -11% Diluted earnings per share 1.85 -11% Dividends paid (AUD) 5,474,790 - Operating Cashflow 13,269,945 -8% Cash
Slide 7: Full Year Financial Results
FULL YEAR FINANCIAL RESULTS Tormin Mineral Sands Operation continued to generate positive cash flows 31-Dec-19 31-Dec-18 Variance FY19 REVENUE UP 12% US$ US$ % Revenue from continuing operations • Higher sales revenue was due to the first year introduction of Skaland sales (US$1.2 million), and addi
Slide 8: Full Year Financial Results
FULL YEAR FINANCIAL RESULTS Tormin Mineral Sands Operation continued to generate positive cash flows 31-Dec-19 31-Dec-18 Variance NPAT DOWN 11% US$ US$ % Profit before income tax 11,867,343 10,439,607 14% • The profit before income tax expense (“NPBT”) was 14% higher than the prior year, reflecting
Slide 9: Full Year Financial Results
FULL YEAR FINANCIAL RESULTS Tormin Mineral Sands Operation continued to generate positive cash flows UNIT COSTS & REVENUES • Unit production cash costs were impacted by the change in mined tonnes and grades, with the current year’s US$84.40/t for 238,933 concentrate tonnes produced higher than the F
Slide 10: Tormin - Production & Sales
TORMIN - PRODUCTION & SALES Production and Sales Performance FY2019 MINING PRODUCTION TONNES TONNES MINED / PROCESSED CONCENTRATE TONNES PRODUCED (1) CONCENTRATE TONNES SOLD (2) 3,000,000 300,000 250,000 250,000 278,205 200,000 108,630 216,616 213,281 200,000 213,150 150,000 150,000 49,937 2,650,099
Slide 11: Commitment to Community
COMMITMENT TO ZAR8.25 million COMMUNITY Spent on Historically Disadvantaged South Africans Social Labour Plan, including bursaries, scholarships, traineeships, apprenticeships, adult basic education programs. The Company completed an internal and external refurbishment and fit-out of the Nuwerus Hig
Slide 12: Skaland - Production & Sales
SKALAND - PRODUCTION & SALES Production and Sales Performance FY 2019 – MRC took operational control of Skaland Graphite AS on 1 October 2019 Processing Dec-19 Quarter Year to Date 31- Dec-19 Ore Processed 10,112 37,088 Throughput (tph) 6.9 7.8 Ore Grade (%C) 28.4 26.1 C Recovery (%) 93.3 91.7 Conce
Slide 13: Munglinup – DFS
MUNGLINUP – DFS Robust economic outcome from Munglinup Definitive Feasibility Study Key Results (1) USD$ Post-tax - Net Present Value $111M (7%) Northern Dump Post-tax project - IRR 30% McCarthy West Munglinup Capex $61M River Opex $491/tonne Halberts Main Whites Harris 1 & 2 McCarthy East Life of M
Slide 14: Objective 2020
OBJECTIVE 2020 Significant positive catalysts ahead for FY 2020 TORMIN SKALAND • Secure S102 Expanded mining • Optimise processing flowsheet to permitting and remaining produce high grade fines and increased coarse flake MUNGLINUP prospecting tenure production CORPORATE • Deliver Phase 1 Northern Be