Iluka Resources Limited · ASX:ILU
Iluka Resources — Investor Presentation (November 2002)
9 slides from Iluka Resources's investor presentation, November 2002
Slide 1: Investor Presentation: WA Operations Overview
Investor Presentation WA Operations Overview Hamish Bohannan Executive General Manager Australian Operations November 2002
Slide 2: WA Resource Development
WA Resource Development Current status mature resource approaching natural capital intensity limit Strengths low sovereign risk existing infrastructure potential for substantial cost savings Weaknesses production expansion opportunities limited land use pressure
Slide 3: WA Heavy Mineral (HM) Reserves
WA Heavy Mineral (HM) Reserves HM mined 2001 Remaining HM Iluka’s position as at 31/12/01 Reserve Status (m/tonnes) (m/tonnes) Mid-West operating mines Proved 1.0 2.3 Probable 1.0 Mid-West undeveloped mines Proved 1.6 Probable 9.0 Total Mid-West 1.0 13.9 South-West operating mines Proved 0.9 1.9 Pro
Slide 4: WA Heavy Mineral (HM) Resources
WA Heavy Mineral (HM) Resources HM % assemblage Iluka’s position HM as at 31/12/01 Category (m/tonnes) Ilmenite Zircon Rutile Mid-West Measured 13.0 49 9 9 Indicated 24.3 41 15 6 Inferred 9.6 33 4 5 Total Mid-West 46.9 42 11 7 South-West Measured 22.1 81 8 0 Indicated 14.2 79 7 0 Inferred 14.1 81 7
Slide 5: WA Reserves and Resources Position
WA Reserves and Resources Position Sufficient reserves in place to underpin at least 10 years of operations at current depletion rates Adequate resources for the foreseeable future Future reserves/resources will be more expensive to develop due to: deeper ore bodies greater transport distances Devel
Slide 6: WA Strategic Focus
WA Strategic Focus Maintain or increase production via incremental expansion and resource optimisation Cost savings via the MnM program Improved capital productivity through: reduced recovery losses improved clay handling development of saleable iron waste Exploration continued resource conversion n
Slide 7: WA SR Production Enhancements
WA SR Production Enhancements Demand growth from existing customers will support increased SR production/sales of between 50,000 to 60,000 tonnes pa - post 2002 Original plan to meet increased demand was based on: utilising the old B-kiln at south Capel (SR5) - 50,000 tpa modifications to SW SR acid
Slide 8: WA MnM Program and Cost Base
WA MnM Program and Cost Base 2002 2003 Aug 14-16 Oct 21 Oct-24 Jan 3 Feb-2 May 5-7 May 12 May-1 Aug 11 Aug-31 Oct Design Phase Training Wave 1 Wave 2 Training Wave 3 Wave 4 (8 weeks) (3 days) (12 weeks) (12 weeks) (3 days) (12 weeks) (12 weeks) MW Mining, SW Mining, MW Admin Concentrating Concentrat
Slide 9: WA Production Outlook – next 2 Years
WA Production Outlook – next 2 Years SR production increasing in 2003. Other products expected to be similar to 2002. Sales are anticipated to be production limited Reviewing options to increase SR production further Additional production costs will be incurred as a result of: increased mining costs
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