Prima Resources Pty Ltd

Transcription

1 COMPANY PROSPECTUS INVESTOR INFORMATION Prima Resources Pty Ltd April CEO: Michael Shenton Minerals & Energy Mob No :

2 Prima Resources - Overview Presenter: Michael Shenton CEO Table of Contents 1. Prima Resources Introduction 2. Prima Resources - Current Projects 2.2 WA Bauxite Residue Reclamation Projects 2.3 Manjimup Titanium 2.4 Colie South Coal to Gas Power Station 2.5 IBAAS - Indian Bauxite Alumina Aluminium Industry 2.6 Microbe Organic Farming 2.7 Cyprus Tailings Pond Project 3. Environmental Awareness Minerals & Energy 2

3 Prima Resources - Introduction Who are we? Finding a better way that s what we do. We look for what is considered of No Value and make it of Value If there s a way to do it better Find it Thomas Edison Resources and Energy company specifically targeting unique opportunities. Focused on building strong relationships with innovative technology providers, Developing clean solutions for the mining and resources industry Current focus areas: Recycle / Recover value from Bauxite Residue / Waste Tailings Ponds Environmental Restoration Bauxite Ore Metals Extraction ( Recover all metals from Bauxite Ore) (Eliminate Bayer Process) Alumina Refinery Business Optimisation Projects Waste Gas Elimination - Fertiliser Manufacture ( technology to capture gas emissions in Fertiliser ) Waste Solids/Waste Gas / Waste Water Elimination - Concrete Manufacture Coal to Oil / Gas / Fertiliser ( Projects to utilise coal to provide Gas, Diesel, and Oil Refinery Feed) Microbe Organic Farming / Bio Diesel Fuel Plastics to Oil Processing (waste recycling) Minerals & Energy 3

4 Prima Resources - Projects Projects Prima Resources Gove Alumina Refinery Alcoa WA Assets Collie South Power Station Manjimup Titanium Microbe Organic Farming IBAAS India Purchase Gove Alumina Refinery Implement Bauxite Residue Recycling Projects Environmental Controls to capture al solid and gas waste discharges Purchase Alcoa WA Alumina Assets Implement Bauxite Residue Recycling Projects Environmental Controls to capture al solid and gas waste discharges Develop Collie South Coal Field Construct Coal to Gas Facility Construct Gas Turbine Power Station Environmental Controls to capture al solid and gas waste discharges SR Minerals Sands converted to Titanium Environmental Controls to capture al solid and gas waste discharges MOF Technology increases production by 100% Eliminates impact of chemical fertisliser on Land and Water ways Eliminates land degradation and environmental damage Development of Indian Bauxite, Alumina & Aluminium Industry Introduce Innovative Technology and Environmental Controls to improve BAA Industry Minerals & Energy 4

5 Prima Resources - Business Profile Business Divisions Prima Resources Minerals Energy Environmental Business Solutions EPCM Business Development Human Resource Development Bauxite Ore Bauxite Residue Alumina Refinery Aluminium Iron Titanium Gold Coal Gasification CTL Electrical Power Generation Coal Mining Alternative Energy Drying Technology Waste to Energy Water Treatment Waste Gas Treatment Waste Gas to Concrete Plastics to Oil Electric Vehicles Water Power Vehicles Microbe Organic Farming Bio Diesel Fuel Project Management Engineering Design Procurement Risk Management Construction Management Strategic Planning Organisation Planning Communication Planning Business Planning Business Systems Marketing Tender Submission Personal Coaching HR Development Personnel Training Executive Recruitment HR Consulting Professional Development Training Leadership Coaching Minerals & Energy 5

6 Prima Resources Profile Organisation Structure CEO Michael Shenton PA Tracy Corbin CFO Graham Lewis CLO TBA Manager Env Business Solutions Jenna Shenton Manager OH&S Gaye Money Manager Coal & Power Rick Dalton Manager B&D Investment Hernando Vidal Manager Process Technology TBAi Manager Major Projects Michael O Donovan Manager Global HR Bernadette Johnstone Manager Indigenous Business Rick Brooks Manager Chinese B&D William Chi Spare - TBA Minerals & Energy 6

7 Prima Resources Implementation Strategy Company Strategy Engage JV Funding Partners ( in hand ) List Prima on Singapore Stock Exchange ( in Hand ) Purchase Alumina Refineries initially in Australia Implement Bauxite Residue Recycling Projects Use existing Technology to extract metals from Bauxite Residue Storage Ponds Develop Prima as a Metals Recycling Company Prima to extract value from tailings ponds globally Coal to Oil/Liquids/Gas/Power Generation Develop Collie South Coal Power Station Projects Minerals & Energy 7

8 Prima Resources - Profile Company Technical Competency Prima Resources has the following Technical Specialists : Project Management Oil & Gas/Alumina/Titanium Dioxide/Iron Ore 40 Yrs Project Management Alumina / Iron Ore 30 Yrs Materials Handling Specialist Mineral Sands/Alumina/Iron Ore 35 Yrs Process Technology Specialist TBA Coal Mine Management & Development : 25 Years Power Station Specialist Electricity Power Generation 30 Yrs Metals and Smelting Specialist Iron Smelting 5 Yrs OH&S specialist Nickel/Gold/Mining /General 30 Yrs HR Specialist Gold/Iron Ore/Executive Recruitment 30 Yrs Minerals & Energy 8

9 2.0 Prima Resources Projects Minerals & Energy 9

10 Bauxite Residue Reclamation Projects - General Advantages of Bauxite Residue Projects 1. Bauxite Residue has previously been Mined (No Mining Cost) 2. Bauxite Residue has previously been crushed and screened ( No Major Crushing and Screening Costs) 3. Known Quantity - Annual Production & Total Amount Stored ( Value of Asset is clearly defined ) 4. Consistency Material has consistent Size / Chemical Analysis ( Certainty in designing process/plant/equipment/products) 5. Availability Certainty of Supply to Market/Clients ( MT Stored Bauxite Residue in Residue Ponds ) 6. Known Technology Use Technology currently used in other Industries Minerals Sands, Metals Recycling, Nickel, Lead, Tin, Zinc Industries Minerals & Energy 10

11 2.2 WA Bauxite Residue Reclamation Projects WA Bauxite Residue Reclamation Projects 1. Prima Resources and JV Partners will develop technology to process Bauxite Residue from all WA Alumina Refineries CSIRO are providing support for Technology Development MT of Bauxite Residue stored over last 25 Yrs 25 Yr Program to recover metals in Bauxite Residue $6.0 Billion/Yr Estd annual profit from recycling metals MT of Bauxite Residue mud produced annually $13.0 Billion/Yr Estd annual profit from recycling metals 4. Each 1.0 MT/Yr Smelter Module Capital Cost $1.0 Billion Profit $600 Million/Yr- Payback period on Capital is 2.2 Yrs 5. Feasibility Study reqd to be completed by Prima Resources 6. $5.0 Million Grant reqd from WA Government Minerals & Energy 11

12 2.2 WA Alumina Refineries Bauxite Residue Reclamation 1. Business Opportunity -Stored Residue 25 Yrs 225 MT Bauxite Residue Stored Since 1970 s Location Annual Red Mud Production MT/Yr No Of Years Total Red Mud Production over 25 Yrs MT BHPB Worsley Alumina Refinery Alcoa Wagerup Alumina Refinery Alcoa Pinjarra Alumina Refinery Current Asset Value of Metal-Bauxite Residue Area : $170 Billion Stored Bauxite Residue - 25 Yrs Total 3 x Alumina Refineries ( Profit after Operating Costs and before Tax) Iron Aluminium Titanium Total Value of Smelted Metal Asset Total Metal Production over 25 Yrs MT Profit $ / Tonne Value of Asset $ Million Per 25 Yrs Profit $ Million Per 25 Yrs ,920 10, ,650 27,000 24, , , , , ,405 Minerals & Energy 12

13 2.2 WA Alumina Refineries Bauxite Residue Reclamation 1. Business Opportunity - Annual Residue Production 9.0 MT/Yr Annual Bauxite Residue Production Location Annual Red Mud Production MT/Yr No Of Years Total Red Mud Production over 25 Yrs MT BHPB Worsley Alumina Refinery Alcoa Wagerup Alumina Refinery Alcoa Pinjarra Alumina Refinery Annual Bauxite Residue Production Annual Profit $26 Billion / Yr Annual Production 9.0 MT/Yr Annual Profit ( Profit after Operating Costs and before Tax) Iron Aluminium Titanium Total Value of Smelted Metal Asset Total Metal Production MT/Yr Profit $ / Tonne Value of Asset $ Million Per Yr Profit $ Million Per Yr ,650 1, ,000 6,998 5,443 8,755 6,856 Minerals & Energy 13

14 2.2 WA Alumina Refineries Bauxite Residue Reclamation 1. Current Status Prima had discussions with Alcoa and BHP Billiton over 3 years ( Bauxite Residue Reclamation Projects - both declined involvement with Prima) ( Only way to implement BRR Projects is to purchase the Alumina Refinery Assets) Prima has had discussions with JV Partners regarding WA Alumina Refinery Assets Prima has had discussions with JV Partners regarding Bauxite Residue Projects $170 Billion value of metal sitting in WA Alcoa Bauxite Residue Ponds Prima intend to develop the Plasma Smelter Technology using recognised industry specialist suppliers Financial JV Partner - Discussions in hand Waiting for Formalisation Australian State / Federal Government Support for the Project EPA / Government & Shire Planning Approvals to commence Pre - Feasibility study / Preliminary Design in hand Minerals & Energy 14

15 2.3 Manjimup Titanium 1. Executive Summary 1. Manjimup Titanium- Manjimup (MT) 2. 60,000T/Yr of Titanium to be produced annually Expected Annual Profit - $640 Million 3. Capital Cost of Plant $400 Million 4. Titanium Metal extracted from Synthetic Rutile Mineral Sands (SR) SR to be purchased from Iluka/Doral Mineral Sands/Market 5. Project development over 3 years 6. Metals Facility Land to be purchased from local landholders 7. Metals Facility site proposed near Palgarrup Mills 8. Latest technology used to eliminate greenhouse gas emissions and solid waste storage/residue ponds (fertiliser & concrete plant technology) Minerals & Energy 15

16 2.3 Manjimup Titanium 2. Current Status Location Palgarrup Manjimup Support from Shire Council, WA Government Departments. DOE, Local Community Technology Partner in hand : CSIRO Technology Partner to develop Plasma Smelter Worley Parsons Bunbury Environmental Study/ EPA Approvals - Request for Budget Quote Financial JV Partner in hand awaiting formal discussions EPA / Government & Shire Planning Approvals in hand Pre-Feasibility study / Pyrotechnical and Processing Studies / Preliminary Design in hand Minerals & Energy 16

17 2.4 Collie South Coal to Gas Power Station 1. Executive Summary 1. Project placed On Hold due to Collie Coal Field Review by WA Government Collie coal has been assessed suitable for gasification in recent studies e.g. Perdaman Fertiliser Plant 2. Proposal is a Coal Gasification Plant to provide Gas for Power Generation and for Supply to Local Alumina Refineries 3. Estimated Capex for 300MW Plant is US $1,200 per kw greenfield, 4. Over 300Mt of Coal Reserves in Collie at a relative low cost base compared to gas 5. Collie South - Boyup Brook Coal in the Wilga Basin 90 Million Tonnes of sub-bituminous Coal Resource Current owner is Lanco are currently experiencing problems 6. Holistic Power and Gas Strategy required for Alumina Refineries in WA 7. New Gas Contract is only supplying 18% of Aloca s Energy Needs 8. Latest technology used to eliminate greenhouse gas emissions and solid waste storage/residue ponds (fertiliser & concrete plant technology) Minerals & Energy 17

18 2.4 Collie South Coal to Gas Power Station 1. Executive Summary Estimated Costs Collie Coal Field Power Station Capital Cost Item Cost ($Aus) Energy of Coal 4000 Kj/Kg Cost to Purchase Coal Field $ 10,000, Power station Conversion Efficiency 42% Feasibility $ 2,500, Power station Plant Capex /KW (Brownfield upgrade) $1, Infill exploration $ 2,000, Roadworks $ 8,000, MW Poer Station - Capital Cost $360,000, Site Admin / Offices/Workshop $ 3,000, Dewatering $ 15,000, Pre-stripping $ 4,000, Total $ 44,500, Coal Mine Operating Cost Item Cost ($Aus) Overburden Mining $ 4.00 Strip ratio (BCM's / Tonne) 5.00 total Overburden Cost/prod tonne $ Coal Mining (cost/tonne) $ 5.00 Processing / Stockpiling $ 2.50 Dewatering $ 0.80 rehabilitation $ 1.00 Admin $ 0.50 Transport to Power plant (Kwinana) $ 7.00 Total cost/ tonne (excl capex) $ Minerals & Energy 18

19 2.6 Microbe Organic Farming Prima / Bio World has developed Microbe Organic Farming Technology which can provide the following Benefits: Increases Crop Yields up to a factor of Two (100% Increase) ( Exact improvement depends on Type of Crop) Provides Farmers with a cost effective and convenient system to increase crop production - $50 / Ha Safe and Sustainable System of Farming Reduces Irrigation Water Usage Improves soil structure and ability of plants to breathe and feed Provides food which is grown naturally without the addition of chemicals Eliminates Environmental Degradation by using natural growing processes and eliminates compaction and damage to soil. Eliminates pollution to water and rivers be eliminating chemicals and improving surface water runoff Minerals & Energy 19

20 2.6 Microbe Organic Farming Environmental Benefits 1. Eliminates Chemical Run-off and eliminates pollution of water table, streams and rivers. 2. Eliminates Algal Bloom and destruction of fish habitat in Rivers and Estuaries 2. Safe and Sustainable System of Farming 3. Provides non-chemical Treatment to improve crop production 4. Reduced environmental damage to the land 5. Improved Soil Structure gives open/increased pores for aeration and water delivery to plant roots 6. Improves impoverished soils and sands Turns unproductive waste land into productive farmland 7. Eliminates Environmental Degradation by using natural growing processes and eliminates compaction and damage to soil. Minerals & Energy 20

21 2.7 Cyprus Tailing Ponds Project Prima were requested by KKTC Govt to provide a Proposal Option 1: Conventional Solution Phase 1 : AUD $8.6 Million Bentonite Slurry Curtailment Wall Water Extraction Bores and Pipework Water Treatment Plant Contour Site material to remain in-situ 0.5 m Fill Material over Site Seal Surface : 12mm Hot Rolled Asphalt Uses: Industrial Park Shopping Centres, light Industrial Units Sea Front Re-development : Residential Units Hotel Option 2: Plasma Smelter Solution Phase 1 Cost Dependant on Size of Plant time to process waste 600,000 T/Yr - timeframe 5 Yrs Capital Cost - USD $ 360 Million 200,000 T/Yr timeframe 15 Yrs Capital Cost USD $ 120 Million Utilise a number of small Modular Plasma Smelter Treatment Plants Plasma Smelter: To Treat Tailings and render Inert - Phase 1 : 3.3 Million Tonnes Excavate Tailings feedstock for Plasma Smelter- Extract Gold, Iron, Copper Gas produced to generate electricity to reduce operating costs Inert Slag to be fill material for ponds ( where excavated ) Contour Site using inert slag from Plasma Smelter- Landscaping Uses: Industrial Park Shopping Centres, light Industrial Units Minerals & Energy 21

22 2.7 Cyprus Tailing Ponds Project Execution Resources CSIRO Dr Chris Vernon, Research Program Director CSIRO Mineral Resources Prima Resources held meeting with CSIRO on Monday 5th October 2015 Meeting was held to discuss Cyprus Tailings Pond Remediation CSIRO agreed they would provide technical support to Prima for the Cyprus Tailings Pond Project. A number of possible technologies were discussed Specialist Technology Providers Professor Michael Epstein: Weismann Institute Germany Plasma Smelting Professor Yaghoub Sayad Yaghoubi : Calsmelt Metals Technology Metals Processing /Smelting Technology/Solar Smelting Prima Resources Tailings Pond/ Bentonite Slurry Wall Specialist Tristan Grey Material Handling Specialist Frank Calcei Mining, Drying, Materials Classification Specialist Richard Dalton Project Management / Mining Specialist Hernando Vidal Major Projects Specialist Michael O Donovan Process Technology Specialist Silvio Nicoli Piping/Mining Specialist Mark Befumo Minerals & Energy 22

23 3.0 Environmental Awareness Bauxite Residue Recycling Projects Eliminate Wastes and Residues from Alumina Refineries Zero gas emissions fertiliser technology & concreting technology to capture greenhouse gases) Zero solid waste (all converted to concrete & granular building materials) Zero caustic bauxite residue waste (the innovative metals facility would not use caustic or Bayer Process ) Zero waste water discharge (waste water treated and captured in concrete) Use of latest environmental clean smelting technology including dust and material/emission/water containment Integrated and collaborative approach to plan to manage all environment concerns of stakeholders and community members Minerals & Energy