Iluka Resources Limited · ASX:ILU
Iluka Resources — Smithers TiO2 Conference 2019
13 slides from Iluka Resources's conference presentation, Oct 2, 2019
Slide 1: Addressing the Deficit - Smithers TiO2 Conference 2019
1 Addressing the Deficit Smithers TiO2 Conference 2019 Robert Gibney, General Manager TiO2 Sales Cataby, Western Australia
Slide 2: Disclaimer – Forward Looking Statements
Disclaimer – Forward Looking Statements 2 This presentation has been prepared by Iluka Resources Limited (Iluka). By accessing this presentation you acknowledge that you have read and understood the following statement. This document provides an indicative outlook for the Iluka business in the 2019
Slide 3: Rutile and Chloride Ilmenite in Decline
Rutile and Chloride Ilmenite in Decline 3 • Global supply of rutile and chloride ilmenite in decline • Mature mines with grade declines • Mining companies reluctant to invest in recent years • Lack of new deposits to fill the gap Source: TZMI August 2019 Feedstock Supply Demand
Slide 4: Resources Becoming More Rare
Resources Becoming More Rare 4 Source: MinEx Consulting March 21 2018
Slide 5: Lack of Discoveries Around the World
Lack of Discoveries Around the World 5
Slide 6: Addressing the Deficit
66 Addressing the Deficit First HMC was produced at Cataby in Q2 2019 OUR PURPOSE DELIVER SUSTAINABLE VALUE
Slide 7: Iluka's Focus - Key Features
Iluka’s Focus Key Features - Deliver Sustainable Value 7 Strong Market Quality Mineral Sands Project Pipeline Fundamentals Assets Mineral sands demand linked to Australia and Sierra Leone operations Sustaining and growth projects in urbanisation, rising living standards, Product mix weighted to prem
Slide 8: H1 2019 Projects Delivered
H1 2019 Projects Delivered 8 Key Features Cataby, Kiln Major Maintenance Outage, Gangama Expansion, Western Australia Western Australia Sierra Leone $270m Capex Completed within budget ~$35m Capex Delivered on schedule and on schedule Completed on budget, ahead Commissioning and ramp up on schedule
Slide 9: Mineral Sands Operations Update
Mineral Sands Operations Update 9 Key Features Jacinth-Ambrosia / Mid West Sierra Leone • Strong production in 1H19 - good grades and recoveries • Planned closure of Lanti dredge completed Q1 2019 • Mining moving from Jacinth North deposit in August • Lanti dry operations still facing operational is
Slide 10: Pipeline of Growth Projects
Pipeline of Growth Projects 10 Key Features Ambrosia, Wimmera, Atacama, Eneabba Mineral Sands South Australia Victoria South Australia Recovery, Western Australia Other Mine move to Ambrosia Zircon and rare earth project Satellite deposit to existing J-A Zr accelerated to 2019 to smooth zircon produ
Slide 11: Iluka's Marketing Model of Value Creation
Iluka’s Marketing Key Features Model of Value Creation 11 Focus on delivering sustainable prices Hub and spoke distribution model Prices negotiated with customers based on Warehouses positioned close to key markets value in use and other factors Value in use Global Multilingual / multinational sales
Slide 12: Titanium Market Update
Titanium Market Key Features Update 12 • Pigment demand stable in 1H 2019 ‒ Pigment producers commentary suggests margin stability initiatives taking hold ‒ Pricing in North America improved modestly in 3Q19 • All but one chloride pigment producer continue to use high grade feedstocks to increase pl
Slide 13: For more information contact
For more information contact: Robert Gibney, General Manager TiO2 Sales robert.gibney@iluka.com