ABx Group Limited · ASX:ABX
ABx — Australian Bauxite — 3rd annual Resources & Energy Investment Symposium, Broken Hill (May 2013)
19 slides from ABx's conference presentation, May 20, 2013
Slide 1: ASX Announcement: Market Presentation
ASX ANNOUNCEMENT 20 May 2013 AUSTRALIAN BAUXITE LIMITED ASX: ABZ Market Presentation About Australian Bauxite Limited: ASX Code ABZ Australian Bauxite Limited (ABx) (ASX: ABZ) Australian Bauxite Limited (ABx) holds the core advises that CEO and Managing Director, Ian of the newly discovered Eastern
Slide 2: Developing our first bauxite project for the surging bauxite market
AUSTRALIAN BAUXITE LIMITED May 2013 Developing our first bauxite project AUSTRALIAN BAUXITE for the surging bauxite market Bauxite is the ore for aluminium and alumina ASX Code “ABZ” ASX Code ABZ Level 2 131 Macquarie St Sydney NSW 2000 Australia Phone: +61 2 9251 7177 Ian Levy, CEO Facsimile: +61 2
Slide 3: Forward Looking Statement
Forward Looking Statement Whilst based on information from sources considered reliable, Australian Bauxite Limited ( ABx), its directors, employees and consultants do not represent, warrant or guarantee, expressly or impliedly, that the information in this document and presentation is complete or ac
Slide 4: AUSTRALIAN BAUXITE
AUSTRALIAN BAUXITE LIMITED • First Mine Lease Application lodged in Tasmania on schedule for commencement late 2014 AUSTRALIAN BAUXITE • Targeting 3 Tasmanian mines, ~0.8 million tonnes p.a. each • Highways, rail, port capacity already exist • $10 million capital cost funded by offtake partner • Ope
Slide 5: Joint Venture with Xinfa Group
AUSTRALIAN BAUXITE LIMITED • Joint Venture with Xinfa Group - in due diligence • $0.5 million 5 month exclusivity payment received AUSTRALIAN BAUXITE • Xinfa to fund all project capital costs to earn 50% • ABx can refund Xinfa and lock-in 50:50 JV • Xinfa to take $2m placement at 38 cents (90% premi
Slide 6: Aluminium consumption growing, prices flat, bauxite booming
Aluminium use: 40% construction, 45% consumption Aluminium cost advantage over copper & steel is increasing Source: LME AUSTRALIAN BAUXITE 5 ASX Code ABZ Source: IAI Aluminium consumption growing fast, but Aluminium prices are flat & yet bauxite is booming ! Why ? 5
Slide 7: Market Fundamentals: New Industry Structure
Market Fundamentals: New Industry Structure Australia, China, Russia, China, India, Indonesia India Middle East: Modern Giant New Smelters AUSTRALIAN BAUXITE Figure: Alumina 6 Limited ASX Code ABZ 1 tonne • New Smelters use 30% less electricity per tonne aluminium • Aluminium Oversupply: new smelter
Slide 8: China-Australia Trade
China-Australia Trade Russia AUSTRALIAN BAUXITE Europe North Asia America Country risk & US supply & transport limits transport Africa Hi limits Australian low temp bauxite Lo temp will replace Indonesian temp bauxite strongly in 2014 variable, South America ASX Code ABZ looming bans & Australia tax
Slide 9: Australia Will Increase Bauxite Exports
Australia Will Increase Bauxite Exports Forecast 30Mtpa Rio Investing $1.5 Billion: Hi-Temp Bauxite sold mainly to Hi-Temp Refineries Gove Weipa 5 to 10 Mtpa by ABZ Mitchell AUSTRALIAN BAUXITE Plateau Lo-Temp Bauxite sold to (Dormant) Lo-Temp Refineries World’s largest alumina refineries 3 Binjour P
Slide 10: Strong Chinese Bauxite Imports
Strong Chinese Bauxite Imports Bauxite imports into China - million tonnes/month Indonesian export bans & 20% tax imposed 6 AUSTRALIAN BAUXITE Million tonnes per month Million tonnes per month 5 4 3 2 ASX Code ABZ 1 0 Indonesia Australia India Other Sources: C&M, MBC & China Customs Indonesian suppl
Slide 11: Strong Chinese Bauxite Prices
Strong Chinese Bauxite Prices Average CIF Price of Chinese Bauxite Imports US$/tonne $70 Indonesian export bans & AUSTRALIAN BAUXITE 20% tax imposed $60 US$ per tonne CIF China $50 $40 ASX Code ABZ $30 $20 Sources: C&M, MBC & China Customs Indonesian export tax on bauxite increases from 20% to 50% i
Slide 12: Costs & Timetable For ABZ's First Projects
Costs & Timetable For ABZ’s First Projects Project Date Tonnes pa 1 Tasmania 2014 @0.8-2.5Mtpa Binjour AUSTRALIAN BAUXITE Capex A$10 million Project Opex A$27 / t FOB Inverell-Guyra 2 Goulburn Sth 2015 @ 1-2Mtpa Discoveries Capex A$20 million Opex A$30 / t FOB Goulburn ASX Code ABZ 3 Goulburn Nth 20
Slide 13: Corporate Details
Corporate Details ASX Code : ABZ Listed 24 Dec'09 at $0.20 Major Shareholders Shares % Shares 113.8 million Hudson Resources 32.7 million 28.7% Options 3.7 million Gleneagles Securities 8.0 million 7.0% Market Cap ($0.20) $23 million State One Capital 8.0 million 7.0% AUSTRALIAN BAUXITE Cash (31 Dec
Slide 14: Our Bauxite: Low temperature type
OUR BAUXITE: Low temperature type • 116 Mt JORC Resource +200Mt target • Surface, easy mined, thickest bauxite in Australia • Low-temperature, gibbsite bauxite, low silica, boehmite-free 42% Al2O3 3% SiO2 23% LOI AUSTRALIAN BAUXITE Penrose NSW – old quarry. 14 December 2011 ASX Code ABZ >36metres Se
Slide 15: Good Logistics
Good Logistics Goulburn NSW AUSTRALIAN BAUXITE Bell Bay Tasmania Port Kembla NSW Railways & highways deliver to export ports, all ASX Code ABZ with large spare capacity 14
Slide 16: Simple start-up in Tasmania
Simple start-up in Tasmania Mining leases designed 2 months early LEGEND ABx Bauxite Lease Major Export Port Aluminium Smelter AUSTRALIAN BAUXITE Bell Bay Bulk Port Potential Barge Port Coal Mines Major Roads N Bridport Rail Lines 10 km Bridport Burnie Bell Bay Scottsdale Scottsdale DL-130 Bauxite D
Slide 17: Simple Start-Up Project in Tasmania
Simple Start-Up Project in Tasmania AUSTRALIAN BAUXITE Drilling in scrub Jacob Rebek in replanted blue gums High Grade Bauxite at surface ASX Code ABZ Bauxite at surface Bauxite at surface Drilling in plantation trees 16
Slide 18: Bald Hills Bauxite Project, Tasmania
Bald Hills Bauxite Project, Tasmania The Three Amigos AUSTRALIAN BAUXITE Chief Geologist Snr Mining Engineer Chief Operating Officer Jacob Rebek Drago Panich Leon Hawker ASX Code ABZ Bauxite Ridges; Gorse Weeds 17 CN-073 Mining Lease Application
Slide 19: Good Landholder Relations
Good Landholder Relations AUSTRALIAN BAUXITE ASX Code ABZ ABZ endorses best practices on agricultural land to leave land & environment better than we find it. We only operate where welcomed. 18