White Energy Company Limited · ASX:WEC
White Energy — Investor Presentation (April 2014)
30 slides from White Energy's investor presentation, April 2014
Slide 1: Company Presentation April 2014
Company Presentation April 2014
Slide 2: Forward Looking Statements
Forward Looking Statements Except for the historical information contained herein, the matters discussed in this presentation contain forward- looking statements, including statements, containing the words “planned”, “expects”, “believes”, “strategy”, “opportunity”, “anticipates”, and similar words.
Slide 3: Contents
Contents Company Overview Upgrading Coal Fines using BCB Technology Upgrading Sub-Bituminous Coal using BCB Technology Research & Development - Cessnock Demonstration Plant South Australian Coal Limited Page 33
Slide 4: White Energy
White Energy A diversified coal company listed on the ASX with significant global growth prospects White Energy is the exclusive worldwide licensee of a patented technology which upgrades high moisture low value sub- bituminous and lignite coals through a low cost process of dehydration and compac
Slide 5: Platform for Growth
Platform for Growth White Energy is organised around two distinct – but related – business divisions Coal Technology Coal Mining 51% Briquette Bituminous Upgrade South Mountainside Other mining Coal Fines Sub-bituminous coal Australian Coal Coal Company assets (thermal, coking) 51% 51% 51% South Nor
Slide 6: Target Milestones for the Year Ahead
Target Milestones for the Year Ahead The Company has identified a number of key areas of focus for Financial Year 2013/14 United States Africa Indonesia Australia China Key • Mountainside Coal • Black River • TBA • Lake Phillipson EL4534 • In commercial Partners / • Buckskin Mining • Cessnock Plant
Slide 7: Board and Management
Board and Management A highly regarded board and management team with an industry wide reputation for delivery and execution of major coal projects Travers Duncan Brian Flannery Graham Cubbin Chairman Managing Director and CEO Non-executive Director Hans Mende Vincent O’Rourke Terence Crawford Non-e
Slide 8: White Energy's Coal Upgrading Technology
White Energy’s Coal Upgrading Technology The BCB technology has been developed over 20 years, by a consortia led by the CSIRO Five Production Stages 1. Coal preparation 2. Coal drying 3. Solids separation 4. Briquetting 5. Cooling / conditioning Page 88
Slide 9: Contents
Contents Company Overview Upgrading Coal Fines using BCB Technology Upgrading Sub-Bituminous Coal using BCB Technology Research & Development - Cessnock Demonstration Plant South Australian Coal Limited Page 99
Slide 10: Coal Fines - A Major Environmental Liability
Coal Fines - A Major Environmental Liability Coal fines represent a major environmental liability for coal producers and also carry a significant ongoing maintenance cost Billions of tonnes of coal fines are stored in slurry ponds around the world New arising fines continue to be generated at co
Slide 11: Application of the BCB Technology to Coal Fines
Application of the BCB Technology to Coal Fines White Energy is able to leverage its patented and scalable technologies to beneficiate coal fines and create a high-valued saleable product that can enhance a mine’s revenues. Collect the waste & Dewater and clean Briquette and improve Blend briquetted
Slide 12: The Coal Fines Opportunity for White Energy
The Coal Fines Opportunity for White Energy White Energy has identified a number of commercial opportunities associated with the deployment of the BCB technology to the briquetting of coal fines During 2014/2015 the Company plans to construct its first commercial BCB Plant for briquetting of coal
Slide 13: The Coal Fines Opportunity for White Energy (cont)
The Coal Fines Opportunity for White Energy (cont) The Company recently conducted a 100 tonne commercial scale burn test in South Africa on the BCB product produced as part of one of the feasibility studies. River Energy Employees Inspecting A Sample Of Briquettes Following The Commercial Scale Mate
Slide 14: The Coal Fines Opportunity for White Energy (cont)
The Coal Fines Opportunity for White Energy (cont) White Energy’s unique BCB technology sets it apart from other competitors in South Africa who are currently active in the coal fines upgrading space The BCB technology produces an upgraded coal briquette without the need to use a binding agent, wh
Slide 15: The Coal Fines Beneficiation and Upgrading Process
The Coal Fines Beneficiation and Upgrading Process 2 - Reclaiming the coal fines from ponds 1 - A coal fines slurry pond 5 - Upgraded coal fines briquettes 3 - Beneficiation/screening phase 4 - BCB Briquetting phase Page15 15
Slide 16: Contents
Contents Company Overview Upgrading Coal Fines using BCB Technology Upgrading Sub-Bituminous Coal using BCB Technology Research & Development - Cessnock Demonstration Plant South Australian Coal Limited Page16 16
Slide 17: The Need for Cleaner Coal
The Need for Cleaner Coal A major portion of remaining world coal reserves are low rank. The current and future dependence on coal will require technologies that can reduce emissions and mitigate the negative effects of coal use Global coal deposits by location and type, Total Coal Reserves % of Low
Slide 18: Value Proposition – Upgrading Sub Bituminous Coals
Value Proposition – Upgrading Sub Bituminous Coals White Energy’s commercial proposition is simple – access low cost / low rank coals and upgrade the coal to more valuable and higher energy briquettes Product Upgrade Historical Price Arbitrage Historical Indonesian Coal Prices (US$/ton) 2008 - 2013
Slide 19: Opportunity: Briquetting Sub-Bituminous Coals
Opportunity: Briquetting Sub-Bituminous Coals White Energy upgraded coal results in improved energy content, lower emissions and enhanced transportation efficiencies when compared to lower rank feedstock coals Benefits of White Energy upgraded coal compared to typical Sub-Bituminous feedstock coal H
Slide 20: White Energy Upgraded Coal vs Sub-Bituminous Coal
White Energy Upgraded Coal vs Sub-Bituminous Coal Significantly, the White Energy process leads to lower emissions during transportation and at the point of combustion % Difference in Pollutants Emitted by White Net % Reduction in Actual Reduction in Energy Upgraded Coal versus PRB Coal Pollutants1
Slide 21: White Energy Upgraded Coal vs Bituminous Coal
White Energy Upgraded Coal vs Bituminous Coal Upgraded sub-bituminous coal has an improved pollution profile as it maintains the positive environmental attributes of the feedstock coal Superior environmental performance as compared to typical Australian bituminous coal Significant reduction in SOx a
Slide 22: Contents
Contents Company Overview Upgrading Coal Fines using BCB Technology Upgrading Sub-Bituminous Coal using BCB Technology Research & Development - Cessnock Demonstration Plant Coal Mining Page22 22
Slide 23: Research & Development - Cessnock
Research & Development - Cessnock The Cessnock Production Plant continues to provide a ‘centre of excellence’, used to test coal samples sourced from coal producers around the world During the 2013 financial year, the White Energy technical team completed modification works at the Cessnock Demonst
Slide 24: Research & Development – Cessnock (continued)
Research & Development – Cessnock (continued) Momentum at the Cessnock Demonstration Plant continues to be maintained Demonstration Plant, Cessnock – stockpiled briquettes produced from bituminous coal fines The Cessnock Demonstration Plant following the 2013 modifications Page24 24
Slide 25: Contents
Contents Company Overview Upgrading Coal Fines using BCB Technology Upgrading Sub-Bituminous Coal using BCB Technology Research & Development - Cessnock Demonstration Plant Coal Mining – Mountainside Coal Company and South Australian Coal Page25 25
Slide 26: Coal Mining - Mountainside Coal Company
Coal Mining - Mountainside Coal Company The acquisition of Mountainside Coal Company has provided White Energy with control and certainty of feedstock coal supply and enables it to capture a greater portion of the value chain by utilising the BCB technology to upgrade the resource Open-cut Mining Op
Slide 27: Coal Mining - Mountainside Coal Company (cont)
Coal Mining - Mountainside Coal Company (cont) Mountainside Coal Company operates several coal mines in Kentucky, which collectively produce approximately 400,000 tonnes of coal per annum for sale domestically within the U.S.A. Coal Stockpiles At The Mountainside Coal Load Out Facility Open Cut Mini
Slide 28: Coal Mining - Mountainside Coal Company (cont)
Coal Mining - Mountainside Coal Company (cont) White Energy intends to expand the Mountainside Coal business in a stepped process, including the installation of a coal wash plant and BCB plant at the site White Energy intends to increase production levels with a particular focus on increasing the
Slide 29: South Australian Coal Limited – EL4534
South Australian Coal Limited – EL4534 South Australian Coal Limited holds the exploration rights to a large sub-bituminous coal deposit located in Northern South Australia (EL4534) EL4534 is located approximately 765 kilometres north of Adelaide and 70 kilometres south west of the township of Coo
Slide 30: Maritime Trade Towers, Sydney
Maritime Trade Towers Level 20, 201 Kent Street Sydney, NSW 2000 Telephone: +61 2 9959 0000 Facsimile: + 61 2 9959 0099 Email: [email protected] ABN 62 071 527 083
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