ILUKA RESOURCES LIMITED — Investor Presentation 2002

Nov 13, 2002

Facsimile

Date: 14 November 2002 Ref: SHR5

ILUKA RESOURCES LIMITED

To: Fax No: Pages:	Company Announcements Office Company: Australian Stock Exchange 1300 300 021 16		From: Ian Gregory Fax No: (08) 9221 7744 email: ian.gregory@iluka.com
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Investor Site Visit to Iluka's WA Operations - Southwest Subject: Presentation & WA Operations Overview

Please find attached two presentations given to Investors visiting Iluka's WA Operations:-

• South-West Operations Presentation; and $\mathbf{1}$
• $\overline{2}$ WA Operations Overview Presentation.

021114 FAX ASX Investor Site Visit Southwest & Operations Overview:leg:nm

团002

國007

	SR Consumables
Coal Consumption (kt)	178
Distillate (kl)	415
Quicklime (kt)	6.0
Sulphuric Acid (kt)	8.7
Ammonium Chloride (kt)	1.0
Sulphur (kt)	1.9
Natural Gas (TJ)	201

WA Heavy Mineral (HM) Reserves
Iluka's position as at 31/12/01	Reserve Status	HM mined 2001 (m/tonnes)	Remaining HM (m/tonnes)
Mid-West operating mines	Proved	1.0	2.3
	Probable		1.0
Mid-West undeveloped mines	Proved		1.6
	Probable		9.0
Total Mid-West		1.0	13.9
South-West operating mines	Proved	0.9	1.9
	Probable		0.4
South-West undeveloped mines	Proved		3.2
	Probable		5.6
Total South-West		0.9	11.1
Total WA		19	25.

WA Heavy Mineral (HM) Reserves
Iluka's position		HM	HM % assemblage
as at 31/12/01	Category	(m/tonnes)	Ilmenite	Zircon	Rutile
Mid-West	Measured	13.0	49	9	9
	Indicated	24.3	41	15	6.
	Inferred	9.6	33	4	5
Total Mid-West		46.9	42	11	7
South-West	Measured	22.1	81	8	D
	Indicated	14.2	79	7	o
	Inferred	14.1	81	7	٥
Total South-West		50.4	81	8	o

$\mathbf{2}$