Investor Presentaiton
Cadia Expansion Stage 1 FS Findings
Cadia - uniquely long life
1,2
Expected results from implementation of Stage 1 and Stage 2
PC2-3 Capital (stage 1):
Expansion to 33mtpa (stage 1):
Expansion to 35mtpa (stage 2):
Total Project Capital:
1000
900
800
700
600
$ 595m
$ 90m
$ 180m
$ 865m
Copper
Production
(kt)
IRR:
Payback (years):
NPV:
21.5%
7.6
$1,170m
140
120
100
80
80
Gold
production
(koz)
1
2
500
400
300
200
100
2020
2015
2010
Actuals
2065
2060
2055
2050
2045
2040
2035
2030
Cadia Expansion Study
2025
60
40
64
20
2065
2060
2055
2050
2045
2040
2035
2030
2025
2020
2015
2010
Actuals
Cadia Expansion Study
23
Stage 1 of the Cadia Expansion Feasibility Study has been prepared with the objective that its findings are subject to an accuracy range of ±15%. Stage 2 has been completed to a Pre-Feasibility Study
level with its findings at an accuracy range of ±25%. The findings in the Study and the implementation of the Cadia Expansion Project are subject to all necessary approvals, permits, internal
and regulatory requirements and further works. The estimates are indicative only and are subject to market and operating conditions. They should not be construed as guidance.
The production target underpinning the forecast financial information is contained in the graphs on this slide and is based on utilisation of 100% of the Cadia East Ore Reserves. Refer to
slides 41 and 42 for the Cadia East Ore Reserves as at 31 December 2018 but note that such figures are subject to depletions for the period from 1 January 2019.View entire presentation