Iluka Resources Limited · ASX:ILU
Iluka Resources — Investor Presentation (November 2002)
18 slides from Iluka Resources's investor presentation, Nov 13, 2002
Slide 1: Facsimile: Investor Site Visit to Iluka's WA Operations
13/11 2002 11:00 FAX 61 § 9221 7744 Facsimile Date: 13 November 2002 Ref: SHR5 ILUKA RESOURCES LTD + ASI AUSTRALIAN STOCK EXCHANGE INVA it ILUO00270 CY ILUKA RESOURCES LIMITED To: Company Announcements Office From: Ian Gregory Company: Australian Stock Exchange Fax No: (08) 9221 7744 email: —ian.gre
Slide 2: Investor Presentation Mid-West Operations
13/11 2002 11:00 FAX 61 § 9221 7744 ILUKA RESOURCES LTD + ASI Woo2 Investor Presentation Mid-West Operations Tluka Resources Limited > Mid-West Operations > History, People » Eneabba Mining Operations > Minerals Separation Process » Synthetic Rutile Process
Slide 3: Mid-West Workforce and History
13/11 2002 11:00 FAX 61 § 9221 7744 ILUKA RESOURCES LTD + ASI Mid-West Workforce > Total workforce of 472 >» 235 people Encabba + 137 contractors » 237 people Geraldton » 42 contractors Mid-West History Heavy mineral sands discovered at Eneabba (Adamson) Jennings Mining Ltd commenced at Eneabba Alli
Slide 4: Mid-West Products and Production
13/11 2002 11:00 FAX 61 § 9221 7744 ILUKA RESOURCES LTD + ASI Wood Mid-West Products Titanium Products » Ilmenite 58% TIO, > Rutile 96% TIO, > Synthetic Rutile 90% TiO, Zircon Mid-West Production Rutile Production Zircon Production cRL 13% aA 13% MW 5E% Sw 00,000 ipa 16%
Slide 5: Mid-West Production (cont'd) and Key Priorities
13/11 2002 11:00 FAX 61 § 9221 7744 ILUKA RESOURCES LTD + ASI Mid-West Production (cont'd) Eimenite Production SR Production RL 5% MW A 28% By. 420,000 tpa MW sw 48% 52% 200,000 tpa sw 45% Mid-West Key Priorities >» EHS & Community » Safety Performance » People Development > Culture & Empowerment >
Slide 6: Mid-West Safety Performance
13/11 2002 11:00 FAX 61 § 9221 7744 ILUKA RESOURCES LTD + ASI Mid-West Safety Performance Mid-West LTIFR — LTIFR — Metalliferrous Industry Average Mid-West Production 2002 Target Production (kt) Timenite 425 Rutile 90 Zircon 203 Standard SR 130 SREP SR 76 O06
Slide 7: Margins Matter (MnM) Program
13/11 2002 11:01 FAX 61 § 9221 7744 ILUKA RESOURCES LTD + ASI Margins Matter (MnM) Program MnM program underway — Iluka split into 21 work units/cost bases Program will be implemented in 4 “waves” of performance improvements over the next 12 - 14 months Each “wave” will be led by a team of Iluka peo
Slide 8: Mid-West Mining
13/11 2002 11:01 FAX 61 § 9221 7744 ILUKA RESOURCES LTD + ASI W008 Mid-West Mining Steve Miller Mining Manager | 02/03 Concentrator Secondary Concentrator
Slide 9: Eneabba Flow Diagram and Mining Performance
13/11 2002 11:01 FAX 61 § 9221 7744 ILUKA RESOURCES LTD + ASI Wong Eneabba Flow Diagram 4.5% VHM 4.5% VHM 7 ‘North Mi South Mine — Mining Unit 2 6.3% VIM Mining Unit 3 oa Concentrabor 1° Concentrate Mining Performance > Moving 6 million BCM overburden >» Moving 17 million tonnes of ore > Represents
Slide 10: Perth Basin Future Mine Development
13/11 2002 11:01 FAX 61 § 9221 7744 ILUKA RESOURCES LTD + ASI PERTH BASIN wun &2 Future Mine Development > Cataby mine to be operational H2 2004 >» Newman Concentrator > Cataby » Gin Gin mine to be operational Q2 2005 >» Morgan Concentrator > Gin Gin Wolo
Slide 11: Mid-West Processing: Minerals Production
13/11 2002 11:02 FAX 61 § 9221 7744 ILUKA RESOURCES LTD + ASI Mid-West Processing Minerals Production Narngulu Minerals Annual Production 1996 15997 1995 1999 2000 2001 wRoutile = Zircon Iimenite mTotal VHM VHM figures exclude trash component 2002 oll 10
Slide 12: Mineral Separation
13/11 2002 11:02 FAX 61 § 9221 7744 ILUKA RESOURCES LTD + ASI Mineral Separation Trash 14% Rutile 11% Timenite 50% Zircon 25% Valuable Heavy Mineral 86% Classification of Minerals [acs H E 49 v vo” ¥ H 4.38 Hf q 4.05 § a | 405 CONDUCTORS N — 8+] E T 3.79 R R a A L s i ae 289 1 & g Wol2 iW
Slide 13: Minerals Plant
13/11 2002 11:02 FAX 61 § 9221 7744 ILUKA RESOURCES LTD + ASI Minerals Plant 2 Nut HT tev Eneabpa Feed Imenite. Minerals Plant 1 Minerals Plant Tals Troe! seen Plant 2 Spare Feed Bin W013 12
Slide 14: Zircon Finishing Plant and SR Production
13/11 2002 11:02 FAX 61 § $221 7744 ILUKA RESOURCES LTD + ASI Zircon Finishing Plant From Plant 18 2 No Leach Leach| Sila Silo + earn & } Sulphuric Acie Mixer 110% Neutralising Classifier Filber Belt SR Production Synthetic Rutile Annual Production 1993 1994 1995 1995 1997 15998 1999 2000 2001 2002
Slide 15: SR Process
13/11 2002 11:03 FAX 61 § 9221 7744 ILUKA RESOURCES LTD + ASI SR Process Iimenite Syn Rutile 59 %TIO2 90 %TIO2 Synthetic Rutile Process > Ilmenite = 58% TiO2 approx 25% Iron + Iron oxide is difficult to remove >» Reduce the FeO Fe:0; to metallic Iron » Carbon is required for the reduction > TiO2.FeO
Slide 16: Synthetic Rutile Plant
13/11 2002 11:03 FAX 61 § 9221 7744 ILUKA RESOURCES LTD + ASI Synthetic Rutile Plant . r 3 S ening 7 ee ty Mg Separation pprabon ta = Reduced Iimenlte . ¥ ammonium ! Chloride Onde Dams: Neutrallsation Planted —— — Neutrallsed Waste Dams Synthetic Rutile Kilns Coal & Itmenite 1150 °C Reduced” Ilmenit
Slide 17: Aeration Process
13/11 2002 11:03 FAX 61 § 9221 7744 ILUKA RESOURCES LTD + ASI Aeration Process Reduced Timenite Oxygen Synthetic Rutile (Excess Air) & Iron Oxide in Ammonium Chloride Slurry Ammonium Chloride Solution 2% SREP Process » Commissioned in 1996 » Only process in the world > Uses Hydroboracite Flux » Glas
Slide 18: SR Consumables
13/11 2002 11:03 FAX 61 § 9221 7744 ILUKA RESOURCES LTD + ASI , * ¥ ¥ SR Consumables 350,000 tonnes ilmenite 128,000 tonnes coal 11,600 tonnes of lime 14,000 tonnes of sulphuric acid 72,500 mw hrs of electricity 151,000 gigajoules of natural gas 018 17
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