SCIDEV LTD — Investor Presentation 2007

Sep 20, 2007

ABN 25 001 150 849

Gordon Chiu Building J01 Department of Chemical Engineering Maze Crescent University of Sydney NSW 2006 Australia

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ASX code: INL
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Phone: 02-9351-6741 Fax: 02-9351-7180 Email: mail@intec.com.au Website: www.intec.com.au ASX code: INL

Companies Announcements Office 21 September 2007 Australian Securities Exchange Limited

AMEC Presentation in Adelaide

Following the presentation delivered by Kieran Rodgers (Finance Director) to the Association of Mining & Exploration Companies (AMEC) National Investor Briefing Roadshow event in Sydney on Saturday 15 September 2007, Dave Sammut (Corporate Development Manager) will tomorrow be delivering the attached presentation at the second of the AMEC events, to be held in Adelaide.

Intec will also be presenting at a third AMEC event in Melbourne on Saturday 17 November 2007. For more information and an invitation to attend this free event, please visit the Intec Investor Q&A Forum, http://www.intec.com.au/?/Investor_Information/Forum.

Yours faithfully, Intec Ltd

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Philip R Wood Managing Director & Chief Executive Officer

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“Intec - Two Opportunities in One Minerals Company ”

Presentation to AMEC Investor Briefing Conference September, 2007

Dave Sammut Corporate Development Manager Intec Ltd

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Investor Presentation – September 2007
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The Intec Strategy: The acquisition of base and precious metals projects in which the Intec Process adds value.

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Intec Process Technology Portfolio
A World Leader in Minerals
Processing Hydrometallurgy
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Investor Presentation – September 2007
-Corporate Profile
-
Hellyer Zinc Concentrate Project
-
Hellyer Residues Project
- Bass Metals Ltd
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Corporate Profile

-Shares on issue: -Market capitalisation: -MBL working capital facility: -Bass Metals Ltd: -Major INL shareholders: Macquarie Bank: Ivanhoe Mines: Alliance Resources:

559.60 million A$70 million A$4.5 million 23.5% interest 8.7% (fully diluted) 6.1% 1.4%

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Corporate Profile

Chairman: Managing Director & CEO: Non-Executive Directors: Technical Director: Finance Director:

Ian Ross Philip Wood James Bell, Kenneth Severs and Trevor Jones John Moyes Kieran Rodgers

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Corporate Profile: Results for 2006-2007 $6 million Pre-Tax Turnaround

		2007	2006
		$m	$m
	Revenue	$13.7	$3.1
	Expenses	$16.1	$11.8
	Pre-Tax Loss	($2.7)	($8.7)
	After-Tax Loss	($1.2)	($4.5)

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Corporate Profile: Results for 2006-2007

$10.1 million after tax half-yearly turnaround

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6 months to 6 months to
31/12/06 30/06/07
$m $m
After-tax ($5.6) $4.5
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Investor Presentation – September 2007
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-Corporate Profile
-
Hellyer Zinc Concentrate Project
-
Hellyer Residues Project
- Bass Metals Ltd
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Hellyer Zinc Concentrate Project
80km road and
rail access from Burnie deepwater port
IHM demonstration plant
project to port
Hellyer Zinc Concentrate
Project
&
Hellyer Residues Project
Bass Metals Que River Project
Intec Zeehan
Residues
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Hellyer Zinc Concentrate Project
Tailings Dam Road & Rail
50 hectares Access
Site for
Re-treatment
Tailings Dam
Mine Adit (plugged)
Electricity Grid 1.5 Mtpa Hellyer Mill
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Hellyer Zinc Concentrate Project Hellyer Tailings Resource – 11Mt

Element	Grade	Quantity	In-situ US$M*	% of metal value
Zinc	2.8 %	305,000 t	884	28 %
Lead	3.0 %	330,000 t	1,080	34 %
Silver	88 g/t	30, 850, 000 ozs	406	13 %
Gold	2.6 g/t	910,000 ozs	669	21 %
Copper	0.16 %	17,400 t	138	4 %
Total			$3,178	100 %
*US$ metal prices 20 September 2007

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Hellyer Zinc Concentrate Project
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Hellyer Zinc Concentrate Project
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Hellyer Zinc Concentrate Project
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Hellyer Zinc Concentrate Project
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Hellyer Zinc Concentrate Project
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• Hellyer Zinc Concentrate Project -Monthly shipments for 2007-2008 -Each shipment contains - 5,000 dry tonnes -(5,500 wet tonnes) -38-41% Zn -7-10%Pb -~200g/t Ag

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• -Off-take contracts in place with Chinese smelters:

• -20,000tpa for three years -40,000tpa for two years

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Hellyer Zinc Concentrate Project

Financial Projections for HZCP ‘Base Case’ -Intec’s 50% JV interest @1.5Mtpa -Key financial drivers: zinc price, lead price, concentrate treatment charge Zinc Price US$/1b 1.40 Lead Price US$/1b 1.45 A$/US$ Exchange Rate 0.82 Net Sales Revenue[1] A$m 55.94 JV Operating Costs A$m 22.00 EBITDA A$m – JV Total 33.97 EBITDA[2] A$m – Intec’s 50% Share 16.97

• 1 Net sales revenue after smelter charges 2 For a 12 month period operating at 100% capacity. Excludes INL Corporate overheads and technology expenditure

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Investor Presentation – September 2007

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-Corporate Profile
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• Hellyer Zinc Concentrate Project

• • Hellyer Residues Project
• • Bass Metals Ltd

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Hellyer Residues Project
Burnie Demonstration Plant
Commencing operations on EAF dust in September 2007
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Hellyer Residues Project
Zinc Feedstock
EAF Dust
-Residue from steel recycling
-Ongoing production
-~20-25, 000tpa in Australia
-~5Mtpa globally
-Average >35% Zinc
-Supply Agreement with Smorgon Steel to secure
65,000 tonnes for Intec at no cost
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Hellyer Residues Project

Lead Feedstock

Lead sulphide from tailings

• -Fine lead to be separated from the cleaner tails of the Intec Hellyer Mill

• -56,000tpa extract stream containing ~19% Pb

• -This can be fed into the Hellyer Residues Project for increased recovery of lead

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Hellyer Residues Project
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First Commercial Application of the Intec Process
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• Constructing and commissioning 2008

• Operation 2009

• Product: ~10, 000tpa high-grade ZnS, ~13,000tpa PbS

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Hellyer Residues Project Future Feedstock Zeehan lead smelter residue stockpile -460,000 tonnes @ 15% Zn Equivalent -90km from Hellyer -Acquired by Intec in October 2006 Other zinc- and lead-bearing residues ZnO ores

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Investor Presentation – September 2007
-Corporate Profile
-
Hellyer Zinc Concentrate Project
-
Hellyer Residues Project
- Bass Metals Ltd
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Bass Metals Ltd

Largest tenement position in north western Tasmania, one of the most mineralised geological provinces in the world

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Bass Metals Ltd

Intec is the major shareholder in Bass Metals (ASX code: BSM)

• -BSM market capitalisation is A$28m (@$0.31 per share)

• -INL holds 23.5% of BSM and is represented on the Board -Current market value of INL’s holding is A$7.0m

• -Current production at Que River, 3km from the Intec Hellyer Mill

• -Exploration and further drilling near Hellyer expected to supply the Intec Hellyer Mill after HZCP

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Bass Metals Ltd BSM’s Que River Mining Area Intec Hellyer Mill and future Project Site Hellyer Mine Portal

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The Future

Intec's future is to become a technology provider worldwide participating in base and precious metals projects where the Intec Process enhances economic and environmental outcomes.