Vrx Silica Ltd. · ASX:VRX
Vrx Silica — Investor Presentation (October 2023)
26 slides from Vrx Silica's investor presentation, Oct 18, 2023
Slide 1: Silica Sand: Essential to World Growth
VRXSILICA For personal use only Silica Sand “Essential to World Growth” October 2023
Slide 2: Important information
Important information For personal use only
Slide 3: Sand is the main material that modern cities are made of
For personal use only “Sand is the main material that modern cities are made of ” Vince Beiser “The World in a Grain” 2018 The story of sand and how it transformed Civilisation
Slide 4: Silica Sand - the Second-most Consumed Material on Earth
Silica Sand - the Second-most Consumed Material on Earth For personal use only 4
Slide 5: Humans consume nearly billion tons of sand every year
For personal use only “Humans are estimated to consume nearly 50 billion tons of sand every year” “World Construction Aggregates”, 2016
Slide 6: The world is facing a global sand crisis
The world is facing a global sand crisis For personal use only 6
Slide 7: Market Outlook
Market Outlook Asian glass making production increasing 5-6% per year (~8 - 10Mtpa Growth) VRX Target Market - Flat, Container, Architectural, Thin Film Glass, and; For personal use only Metal Casting/Foundry for Automobile Parts Glassmaking silica sand demand by region* Market in Growth in Use Spec
Slide 8: World Class Silica Sand Projects
World Class Silica Sand Projects Project development pipeline to ensure disciplined, staged For personal use only development of world-class assets ❑ WA-based company and management team ❑ Most advanced non-private silica sand projects in Australia ❑ Five very large scale, high grade and low impurit
Slide 9: Portfolio Highlights
Portfolio Highlights WA-based, pure-play silica sand company with advanced silica sand projects For personal use only 100+ year production life ❑ 100% owner of five high value silica sand projects in Western Australia - Tier 1 mining region ❑ Multi-decade-scale contiguous sand deposits with signific
Slide 10: WA Leading Silica Sand Projects
WA Leading Silica Sand Projects Arrowsmith North (100%) For personal use only • High-grade with exceptional financial metrics • Close proximity to port and rail infrastructure • Glass making and foundry • Potential +100 year mine life: - JORC Proved and Probable Reserve of - 221Mt @ 99.5% SiO2 • Upd
Slide 11: Arrowsmith North
Arrowsmith North For personal use only Near-term development opportunity for a world-class silica sand project ❑ Production expected to commence 6-8 months following final environmental approvals ❑ 221Mt Ore Reserve @99.5% SiO2 (100-year production) (See Reserve Table) ❑ Grade controlled Proved Ore
Slide 12: Exploration
For personal use only Exploration 12
Slide 13: Responsible Mining – the VRX Way
Responsible Mining – the VRX Way For personal use only A made-for-purpose mining method designed around continuous rehabilitation ❑ VRX has developed a unique and progressive mining method for its silica sand projects ❑ The Vegetation Direct Transfer (VDT) method provides a rapid and comprehensive r
Slide 14: Arrowsmith North Environmental and Mining Approvals
Arrowsmith North Environmental and Mining Approvals For personal use only ❑ Confirmation by Commonwealth Department of Agriculture, Water and the Environment of accredited State approval under the EPBC Act ❑ State Department of Water and Environmental Regulation and Environmental Protection Authorit
Slide 15: Muchea
Muchea For personal use only Large scale, world class high-grade and low impurity silica sand project ❑ Production to follow Arrowsmith North subject to EPA approval ❑ Utilise VDT and duplicate plant ❑ Access to established infrastructure ❑ Underutilised railway connects to Kwinana (100km) ❑ Grid po
Slide 16: VRX Silica
For personal use only VRX Silica 16
Slide 17: Processing Flowsheet
Processing Flowsheet For personal use only Simplified wet processing, multiple products, no dust, 2mtpa processing plant at each site Processing Plant Design ▪ Arrowsmith North, Arrowsmith Central and Muchea to each have 2 Mtpa processing capacity ▪ No toxic reagents required 17
Slide 18: Processing Plant Design
Processing Plant Design For personal use only No dust No toxic chemicals
Slide 19: Sustainability, Environment, Social and Governance (ESG)
Sustainability, Environment, Social and Governance (ESG) For personal use only VRX is delivering on its ESG responsibilities aligned to the UN’s Sustainable Development Goals CLEAN ENERGY ECONOMIC INDUSTRY SUSTAINABLE RESPONSIBLE CLIMATE REHABILITATION GROWTH INNOVATION COMMUNITIES PRODUCTION ACTION
Slide 20: Australian Production
Australian Production Potential silica sand mining sector in Australia For personal use only 20
Slide 21: Other Initiatives
Other Initiatives For personal use only VRX is investigating other potential downstream products and cost saving alternatives ❑Critical Minerals Prospectus – VRX projects at Arrowsmith North and Muchea were included in the Critical Minerals Prospectus published by Austrade ❑IAF Grant - VRX has recei
Slide 22: Our Team
Our Team For personal use only Board Executive Person Role Experience Person Role Experience Governance: over 30 years’ experience in Production: 15 years’ experience in mining Paul General Chairman investment, equity markets and managing Ryan Baxter and construction with last 9 years Boyatzis publi
Slide 23: Corporate Summary
Corporate Summary Capital Structure For personal use only Share Price 9.5cps * Ordinary Shares on Issue 583 million Options on Issue 61 million Market Capitalisation $56 million* Cash $3.8 million Debt Nil Enterprise Value $52 million Shareholders Board and Management 12% Top 20 Total 33% * Closing
Slide 24: Right Time, Right Place
Right Time, Right Place For personal use only Opportunity for WA to capture its economic advantages of silica sand and gas reserves to build world-class glass manufacturing and downstream processing industries ❑ Very long life, high-grade silica sand supply with combined 1.4 billion tonne Resource,
Slide 25: Thank you
For personal use only Thank you Bruce Maluish Managing Director Ground Floor, 52 Kings Park Road West Perth WA 6005 Phone: 08 9226 3780 Email: info@vrxsilica.com.au
Slide 26: Silica Sand Resources and Reserves
Silica Sand Resources and Reserves Ore Reserves - as at 30/06/2023 For personal use only Mineral Resources - as at 30/06/2023 SiO2 Al2O3 Fe2O3 TiO2 LOI Project Classification Product Mt % % % % % SiO₂ Al₂O₃ TiO₂ LOI Project Classification Mt Fe₂O₃ % F80 10.2 % % % % 99.9 0.02 0.008 0.03 0.1 Muchea P