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GRANGE RESOURCES LIMITED. Investor Presentation 2012

May 8, 2012

65014_rns_2012-05-08_e74a25c6-8335-4c98-83b6-95a6ff0c58d3.pdf

Investor Presentation

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Australia’s leading magnetite producer

Russell Clark Managing Director & CEO

9 May 2012

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Australia’s Leading Magnetite Producer

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Quality assets in Tasmania and Western Australia.

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Production and Costs
March Quarter
2012
Production and Costs
March Quarter
2011
Total BCM Mined 4,342,253 4,098,752
Total Ore BCM 490,301 248,221
Weight Recovery (% DTR) 43.10 38.10
Concentrate Produced(t) 573,625 349,328
Pellets Produced (t) 511,630 319,233
Pellets shipped (t) 732,551 209,798
“C1” Cost A$/tonne Pellet
Produced
111.09 161.00

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DFS

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The Southdown Project DFS Highlights

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The Resource The Southdown Project

DFS: 14 year: 397 million tonne reserve @ 35.7% DTR

LOM: 30+ years: 1.22 billion tonnes resource @ 34.1%DTR

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Slide 11
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Concentrator Flow Sheet Southdown Magnetite Project

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PRIMARY CRUSHER (x1)
COARSE ORE STOCKPILE (x1)
AG MILL FEED
CONVEYOR 2
AG MILL FEED CONVEYORS (x2) AG MILLS (x2)P80 500um
INTERMEDIATE MAGNETIC
SEPARATION (2x8)
MAGS BALL MILL
ISAMILLS (2x4)P80 34um CYCLONE CLUSTER (x2) FINE SCREENS (2x2)
BALL MILLS (x2)P80 100um MAGS
ROUGHER MAGNETIC
SEPARATION (2x9)
PAXH2SO4 HYDRO-SEPARATION (x2) NON-MAGS
MAGS NON-MAGS
Frother
CLEANER MAGNETIC RMS TAILS
SULPHIDE FLOTATION (x2) SEPARATION (2x10) CYCLONES (x2)
NON-MAGS
TAILINGS
THICKENER
Lime FEED TANK
CONCENTRATE TAILINGS
THICKENER PROCESS WATER TO PLANT THICKENER
SULPHIDE
THICKENER
CONCENTRATE PIPELINE PROCESS TAILINGS TANKTHICKENED
HEADER TANKS (x2) WATERPOND POTABLE WATER
SEA WATER DESALINATION PLANT PIPELINE DESALINATED WATER SUPPLY TO PLANTPROCESS WATER MAKE-UP
CONCENTRATE TANKS (x2) STORAGE DECANT WATERPOND BRINE DESALINATED
PIPELINE FILTRATE TANK TAILINGS DAM WATERDAM
CERAMEC
FILTRATE DISC FILTERS (x9) TO DIRECT SALES
PORT
CONCENTRATE THICKENER STACKER RECLAIMER
BY SHIP
TO
CONCENTRATE STOCKPILE KEMAMAN PELLET PLANT
FILTER FEED
TANKS
ALTERNATE FLOW
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Southdown Magnetite Project Product Quality (Process Design Criteria)

Southdown Magnetite
Concentrate
%
Total Fe 69.5
SiO2 1.50
Al2O3 1.48
TiO2 0.38
P 0.04
S 0.08
LOI (Loss of ignition) -3.15

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Southdown Magnetite Project Power and Pipelines

Ke Facts - Power: y Estimated Len th 288km g Ca acit 330kV transmission line p y Ke Facts – Pi elines y p Estimated Len th 100km g

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Southdown Magnetite Project Water Supply

Source Seawater reverse osmosis desalination lant p Ca acit 11 GL/a p y Location Coastal location 25km from mine

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Port Infrastructure Southdown Magnetite Project

Cape size (18m draft) Cape size (18m draft)
Vessels Cape size (18m draft)
Activities Deepen, widen and extend existing shipping channel
New wharf
Dewatering plant and storage shed
Area Reclaimed 9ha
Increases port capacity from 2.5Mt to 14Mt

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Southdown Magnetite Project Permitting

Mine environmental permit

Port permits Water permit

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Granted November 2009, amendment required in 2011 for 10mtpa

Granted November 2010 Desalination permit targeted Q2 2012

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Extended mine life case Southdown Project

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Primary contacts:

Russell Clark

[email protected]

Tarryn Truscott

[email protected]

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Southdown Project

  • The information in this report which relates to the Mineral Resources of the Southdown Project is based

  • The information in this report which relates to the Ore Reserves of the Southdown Project is based on

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