Australian Silica Quartz Group Limited · ASX:ASQ
Australian Silica Quartz — Bauxite Resources — Shareholder Meeting (November 2012)
17 slides from Australian Silica Quartz's shareholder meeting presentation, Nov 30, 2012
Slide 1: Annual General Meeting
ANNUAL GENERAL MEETING 30 November 2012 1
Slide 2: Forward Looking Statements
Forward Looking Statements No representation or warranty, express or implied, is made by Bauxite Resources Ltd that the material contained in this presentation will be achieved or prove to be correct. Except for statutory liability which cannot be excluded, each of Bauxite Resources Ltd, its officer
Slide 3: Company snapshot
Company snapshot • Growing bauxite resource currently at 142.3Mt • Focused in the Darling Range of WA – world’s largest bauxite producing region supplying 23% of global alumina • Market opportunities for bauxite; Indonesia and India bauxite supply curtailed • Established JVs for bauxite exploration
Slide 4: Western Australia dominates Australian bauxite production
Western Australian dominates Australian bauxite production Gove Australian Bauxite 12% Production in 2011 25% Weipa exported reached 74.9Mt Weipa ~10Mt 2011 Huntly 65% Willowdale Mt Saddleback 4
Slide 5: Growing opportunity to supply to SE Asia market
Growing opportunity to supply to SE Asia market The world’s largest bauxite producing area in direct access to the largest bauxite consuming region • Darling Range primed to supply the growing demand • Direct shipping routes to expanding export markets 5
Slide 6: Chinese bauxite imports – sources have changed
Chinese bauxite imports – sources have changed Chinese bauxite imports and prices (CIF to Chinese Port) • 2011 China imported 49Mt bauxite • May 2012 Indonesia restricts exports of bauxite Source: Antaike Report Jamaica Guyana India/Malaysia Fiji 1% 0% India Australia & Others 19% 1% 3% 3% Indonesia
Slide 7: Bauxite demand driven by emerging markets
Bauxite demand driven by emerging markets Brownfield: • Chinese bauxite supplies dwindling, refineries increasingly using lower grade feedstock • Traditional alumina refinery areas Shandong and Henan increasingly reliant on imported bauxite Source: CRU Bauxite and Alumina Market Outlook 2011 – Q2 20
Slide 8: Indonesia and India facing bauxite supply issues
Indonesia and India facing bauxite supply issues • Indonesian minerals ore export ban has affected ~ 30% of refining capacity in China Increased taxes on unprocessed mineral ore exports • India’s bauxite issues Land acquisition for Source: CRU Analysis Bauxite and Alumina Market Outlook 2011 dev
Slide 9: Established JV partners in bauxite/alumina
Established JV partners in bauxite/alumina • Yankuang Resources Pty Ltd Formation of BAJV to explore and mine bauxite and examine potential to build and operate alumina refinery YK pay 70% of exploration for 70% of bauxite rights YK to pay 90% of BFS costs for refinery Current inferred and i
Slide 10: BRL's Current tenement map
BRL’s Current tenement map 30th November 2012 Bauxite Resources Limited AGM 10
Slide 11: Bauxite resource growth
Bauxite resource growth MT 160 BRL attributable bauxite 140 resources increased at a cost of Ceres Bx Resource* 120 $ 0.22 per tonne in 15 months to Aug 2012 Felicitas Bx Resource* 100 80 Cardea 3 Bx Resource* 60 40 Indicated MT Inferred MT 20 0 *Cardea3(1), Felicitas(2) and Ceres(3) Resources @ 25%
Slide 12: Felicitas project
Felicitas project • Near Wundowie • Proximity to operating heavy duty rail and port • Mostly cleared farmland • Exploration agreements in place with farmers • Surrounded by crown/forested land, existing quarries and farmland • Minimal impact on significant roads to exploit deposit 12
Slide 13: Aurora Project advancing
Aurora Project advancing • North of Bindoon • Trial mine completed at: 49% total alumina, 40% available alumina and reactive silica averaging 2.3% • Positive rehabilitation results • Project approvals now advanced Environmental studies completed by end of 2012 Environmental studies to be s
Slide 14: Darling Range bauxite beneficiation potential
Darling Range bauxite beneficiation potential Test work shows grade improvements with simple beneficiation* Grade quality % Improvement Total AL2O3 (%) Increased by 5.5 - 7.5% Av AL2O3 (%) Increased by 4.9 - 11.2% (148oC) Re SiO2 (%) Reduced by 5.0 - 15.6% Quartz (%) Reduced by 30.0 - 51.6% Organic
Slide 15: Potential for Other Minerals
Potential for Other Minerals • Gold, Coal & Iron Ore exploration targets identified • Potential targets prioritised according to prospectivity • Completion of rationalisation of tenement package to focus on areas identified as having most potential for bauxite and other minerals • Strategy decisions
Slide 16: The Next 18 Months
The Next 18 Months • Felicitas extensional drilling by BAJV • Environmental studies on Aurora project ready for submission to EPA in early 2013 • Other bauxite projects review 2013 (several development opportunities pending) • Further beneficiation and ore characterisation test work • Other minerals
Slide 17: Competent Persons Statement
Competent Persons Statement Cardea 1&2, Cardea 3, Juturna, Vallonia, Minerva, Aurora, Rusina and Vallonia Mineral Resources The information in this report that relates to Mineral Resources is based on information compiled by Peter Senini who is a Member of the Australian Institute of Geoscientists.
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