Iluka Resources Limited · ASX:ILU
Iluka Resources — South Australia Mining and Exploration Conference 2014
16 slides from Iluka Resources's conference presentation, December 2014
Slide 1: Iluka Resources Limited
Iluka Resources Limited South Australia Mining and Exploration Conference Rohan Cobcroft, Exploration Manager Australia December 2014
Slide 2: Disclaimer – Forward Looking Statements
Disclaimer – Forward Looking Statements Forward Looking Statements This presentation contains certain statements which constitute “forward-looking statements”. These statements include, without limitation, estimates of future production and production potential; estimates of future capital expenditu
Slide 3: Discovery of Jacinth-Ambrosia
Discovery of Jacinth-Ambrosia
Slide 4: History of Discovery
History of Discovery • Discovered in 2004 • Good old fashioned exploration • Patience – 4 years to get tenements granted • Persistence: some encouraging intercepts and one more hole beyond the program – 45m of up to 80 per cent HM and 50 per cent Zircon • First HMC produced in November 2009 • Opened
Slide 5: Jacinth-Ambrosia Project Overview
Jacinth-Ambrosia Project Overview Jacinth-Ambrosia Processing Facility Operational • Ore body 900m wide by 5 km long • Low in moisture, no groundwater, strip ratio 0.5:1 • Ore at average thickness of 20 metres • Mining unit plant in-pit ~1,300tph • Wet Concentrator ~1,000tph • HMC transported 270km
Slide 6: Jacinth-Ambrosia Ore Reserves
Jacinth-Ambrosia Ore Reserves JORC 2012 Status (Dec-13) Ore HM In-Situ Zircon Ilmenite Rutile (Mt) (Mt) (%) (%) (%) Ore Reserve - proved 119.7 5.1 51 27 4 Ore Reserve - probable 3.4 0.1 51 20 5 Total 123.1 5.2 51 27 4 Note: Refer to Iluka’s Ore Reserves and Mineral Resources Statement 2013, Iluka An
Slide 7: Operational and Project Implementation - What Worked
Operational and Project Implementation - What Worked ‘Focused on what we control – safety, environment, costs, capital, inventory & stakeholders’ Culture • Adaptive cultural change in 2009 based on leadership, accountability and flexibility • Focused on ‘setting high standards and achieving them’ -
Slide 8: Satellite Deposits – Discovery Timeline
Satellite Deposits – Discovery Timeline • Jacinth-Ambrosia – 2004 • Tripitaka – 2005 • Typhoon – 2006 • Atacama – 2011 • Sonoran – 2011 • Atacama extension – 2012 Note: Refer to Iluka’s Ore Reserves and Mineral Resources Statement 2013, Iluka Annual Report, Page 133-135 and ASX Release on 30 April 2
Slide 9: Atacama / Sonoran / Typhoon
Atacama / Sonoran / Typhoon • New production options in the Eucla Basin – Sonoran-Typhoon; and – Atacama. • Immediately adjacent to Jacinth-Ambrosia mine: – can use existing infrastructure; – provide production flexibility; – can be developed sequentially; or – in parallel to boost production. 9
Slide 10: Operational Improvements
Operational Improvements Tails Management Issues • Significant tailing swell resulting: – in higher volumes stored in off-path TSF; – insufficient mining void available for backfill; • Tails infiltration losses approaching bore field capacity • Groundwater mounding risks around impermeable basement
Slide 11: Operational Improvements
Operational Improvements Borefield Transfer Pipeline Sustainability • 31km long 644mm ID glass reinforced plastic pipe, buried for entire length, +70 metre ∆RL • Significant accretion of ferrihydrite on internal walls of pipeline occurring since commissioning in 2009 – not anticipated • Accretion ox
Slide 12: Operational Improvements
Operational Improvements Pipeline Restoration • characterisation of accretion and inspection • video footage • options analysis – selected pigging as only viable option • manage risk of failure Attempt Number 1 • Pigged jammed at 250m with solidified accretion Attempt Number 2 • 750m to 1500m sector
Slide 13: South Australian Regional Contribution
South Australian Regional Contribution • Jacinth-Ambrosia sole mining operation in region Iluka: 67 employees, 48 per cent local Contractors: 89 employees (mining, logistics and services) • Economic contribution*: 292 jobs and $66.1 million in value add to region additional 646 jobs and $85
Slide 14: Environmental Management
Environmental Management Jacinth-Ambrosia mine was the first project in South Australia permitted to be developed in a regional reserve Iluka strives for environmental and rehabilitation standards that go beyond compliance - proactivity Research partnerships with leading educational institutio
Slide 15: Jacinth-Ambrosia Land Rehabilitation
Jacinth-Ambrosia Land Rehabilitation Cell 1 West (in 2013) The Cell 1 Trial Cell 1 West (2014) rehab just completed Cell 1 East ( in 2013) Cell 1 East (2014) 15
Slide 16: Iluka Resources Limited
Iluka Resources Limited For more information, contact: Robert Porter, General Manager Investor Relations robert.porter@iluka.com +61 3 9225 5008 / +61 (0) 407 391 829 www.iluka.com 16
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