CAPE ALUMINA ASX Code CBX

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CAPE ALUMINA(ASX Code CBX)
The emerging Bauxite Company

• Hilton Hotel, Sydney
• 21 22 September 2009

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Disclaimer
Statements and material contained in this
presentation, particularly those regarding
possible or assumed future performance,
production levels or rates, metal prices,
resources or potential growth of Cape Alumina
Limited, industry growth or other trend
projections are, or may be, forward looking
statements. Such statements relate to future
events and expectations and, as such, involve
known and unknown risks and uncertainties. The
Pisolite Hills Bauxite Project is at the
evaluation and pre-feasibility stage and although
reasonable care has been taken to ensure that the
facts stated in this presentation are accurate
and or that the opinions expressed are fair and
reasonable, no reliance can be placed for any
purpose whatsoever on the information contained
in this document or on its completeness. Actual
results and developments may differ materially
from those expressed or implied by these forward
looking statements depending on a variety of
factors. Nothing in this presentation should be
construed as either an offer to sell or a
solicitation of an offer to buy or sell shares in
any jurisdiction. This material is used for a
company summary presentation only, for more
detailed information the reviewer should seek
company information as provided on the company
website, www.capealumina.com.au.
Technical information contained in this report
has been compiled by Dr Paul Messenger and Mr
John Cameron who are competent persons and full
time employees of Cape Alumina Ltd and members of
the Australasian Institute of Mining and
Metallurgy with relevant experience to the
mineralisation being reported on to qualify as
Competent Persons as defined by the Australasian
Code for Reporting of Minerals Resources and
Reserves. Dr Messenger and Mr Cameron consent to
the inclusion in this presentation of the matters
based on the information in the form and context
in which it appears.
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Highlights
Cape Aluminas vision is to become a leading
bauxite pure play focussed on exports to China.
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Asia Pacific the New World!
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Asia Pacific - Alumina Refineries Pre 2005
Australia Gove Kwinana Pinjarra
QAL Worsely Wagerup China Guizhou
Pingguo Shandong Shanxi Zhengzhou Zhongzhou Chong
qing Zunyi-Guizhou India Belgaum Damanjodi Muri K
orba Renukoot Japan Shimizu SAL Yokohama Ehime
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Asia Pacific - Alumina Refineries Post 2005
Australia Yarwun China Bosai Chongqing-Dingtai C
ayman East Hope Feicheng Guangxi
Huayin Kaili Guangxi Project Mengxi Luneng
Jinbei Nanshan Pingdingshan Tonde Shandong
Lube Wanji Weiqiao Xinfa Weilai Aluminum Yimei
Yangquan Zhongmei Yunnan Aluminium India Lanjiga
rh
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Asia Pacific Bauxite Deposits Alumina
Refineries
Shanxi
Shandong
Henan
Orissa
Gujurat
Japan
Sichuan
Vietnam
Guizhou
Guangxi
Yunan
Bintan
West Kalimantan
Western Cape York
Gove
Kimberley
Darling Range
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Asia Pacific Bauxite Deposits Alumina
Refineries
Shanxi
Shandong
Henan
Orissa
Gujurat
Japan
Sichuan
Vietnam
Guizhou
Guangxi
Yunan
Bintan
West Kalimantan
Western Cape York
Gove
Kimberley
Darling Range
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Asia Pacific Bauxite Deposits Alumina
Refineries
Shanxi
Shandong
Henan
Orissa
Japan
Gujurat
Sichuan
Vietnam
Guizhou
Guangxi
Yunan
Bintan
West Kalimantan
Western Cape York
Gove
Kimberley
Darling Range
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Chinese Bauxite Demand
Aggressive expansion in Chinese alumina refining
capacity over the last few years resulted in an
unprecedented increase in Chinese demand for
imported bauxite. In 2006 China became the
worlds largest Aluminium producer and consumer.
Growth in Chinese monthly bauxite imports
Aluminium Consumption by Region
Source internal AME Report Chinese Customs Data
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Chinese Dependence on Imported Bauxite
In 6 years Chinas Aluminium output rose from
3Mtpa to 12Mtpa. Alumina imports grew 3.3
Mtpa to 5 Mtpa. Bauxite imports (25 Mt) in 2007
provided a third of alumina/aluminum raw bauxite
needs.
By 2017 additional 130Mt pa of bauxite required.
Chinas increasing reliance on imported bauxite
60
50
40
30
2000
2004
2008
2012
2016
Source Rio Tinto. 2017 is average of CRU and
Brook Hunt forecasts
Source Chinese Customs Data
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Australia Worlds Largest Bauxite Producer
Australian bauxite exports are monopoly
controlled Pisolite Hills is one of only 3
bauxite projects currently under feasibility
study in Australia All are in Cape York

• Gove - Rio Tinto Alcan
• 4.5 Mtpa of Bauxite
• Refinery with limited
• resource

• Mitchell Plateau
• Undeveloped resource
• No plans

• Pisolite Hills
• 7 Mtpa Bauxite planned
• Initial 10-15 year life

Weipa - Rio Tinto Alcan - 18 Mtpa Bauxite - 30m
study for 35Mtpa - Resources of 2,219 MT
2007 Production

• Aurukun - Chalco
• 6.5 Mtpa Bauxite planned
• East coast refinery

• Darling Ranges
• 41 Mtpa of Bauxite
• Domestic quality

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Board of Directors
Cape Alumina has a strong Board with
international profile extensive experience
across mining, finance and the alumina industry.
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Management
Cape Aluminas management team is led by Dr Paul
Messenger, CEO since 2005.
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Major Shareholders
CBX - Share Price Performance
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Western Cape York Location Map
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Cape Alumina Tenements and Regional Potential
Pisolite Hills is our most advanced project.
Regional potential for 300 Mt of bauxite.

• Pisolite Hills
• Contains the largest Australian independently
  owned JORC resource of 130 Mt of in situ bauxite
• Anticipated production of 7 Mtpa of beneficiated
  bauxite commencing in 2013/14

• Strong land position
• Six additional project 2,400 km2 of the
  tenements YET TO BE DRILLED

• Note that the potential quantity and grade is
  conceptual in nature, that there has been
  insufficient information to define a mineral 
  resource at outside Pisolite Hills and it is
  uncertain if further exploration will result in
  the determination of a mineral resource in these
  areas.
• 130 Mt in situ to yield 86.1Mt (20.1Mt
  Measured 37.9Mt Indicated 28Mt Inferred) _at_
  Avg grade 53.1 Al2O3 (41.5 THA 7.5 Reactive
  SiO2). Beneficiated dry product basis

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Pisolite Hills Mine and Port Layout
Pisolite Hills will, if developed, support an
export operation of 7Mtpa (dry bauxite) per year
over an initial 12-15 year mine life, with scope
for expansion.
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Pisolite Hills Timeline
Cape Alumina has moved progressively from a
junior explorer to near term bauxite producer.
Listed on ASX Bankable finance study to
commence ILUA Regional Exploration

• Resource drilling Pisolite Hills Maiden Ore
  Resource at 54 Mt in situ bauxite
• EIS commences
• Cornerstone Chinese shareholder

Production and Export
Finalise EIS BFS
Consolidation of Weipa tenements
Approvals
2004
2006
2008
2010
2005
2007
2009
2012/14
Pisolite Hills updated resource statement at
130Mt in situ bauxite
Resource drilling Cultural heritage and access
agreements Scoping studies commenced
Pisolite Hills updated resource statement at
101Mt in situ bauxite Prefeasibility study
complete Environmental Impact Statement Off-take
Agreement signed
Construction period
Cape Alumina was founded
130 Mt in situ to yield 86.1Mt (20.1Mt Measured
37.9Mt Indicated 28Mt Inferred) _at_ Avg grade
53.1 Al2O3 (41.5 THA 7.5 Reactive
SiO2). Beneficiated dry product basis
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Commitment to Community
Cape Alumina has a strong commitment to
indigenous participation.

• The Pisolite Hills project represents a new
  opportunity for the local indigenous people of
  Western Cape York
• Over 30 meetings have been held with key
  stakeholders and traditional land owners
• To date, four exploration agreements have been
  signed
• Wik Exploration Agreement (17 October, 2006)
• Napranum Exploration Agreement (5 Dec, 2006)
• Mapoon Exploration Agreement (23 April, 2007)
• Mapoon Exploration Agreement 2 (11 Sep, 2008)
• Pisolite Hills Indigenous Land Use Agreement
  well advanced - sign off expected 2009

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Environment
Cape Alumina is conducting the most comprehensive
Environmental Impact Study ever done in the area.

• No mining in wetlands or sensitive areas
• Mine area is classified as Not of Concern
  stringy bark country the most abundant vegetation
  type in northern Australia.
• Due Process EIS is a public process opportunity
  for public review, consultation and comment.

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Jobs and Economic Development
If developed, Pisolite Hills will create jobs and
economic opportunity for indigenous people in
Cape York

• 3-4 billion in export revenue
• Hundreds of permanent jobs
• Hundreds of millions in state royalties and
  federal taxes over life of mine
• Opportunities for Aboriginal people
• Good for jobs, good for the local and regional
  economy, good for Australia.

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Summary

• Australias leading independent bauxite
• company
• Largest bauxite resource outside integrated
• majors in Australia exploration
  potential
• Targeting production of up to 7mt per annum
• in 2013/14 to become one of the world's
• largest bauxite producers
• Cashed up (11.472 million at 30/06/2009)
• Strong partnerships with potential customers
• and TLOs
• Product suitable for blending feed to
  existing
• Chinese refineries

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Independent Consultants
Engineering Construction www.snclavalin..com

Geology Resources www.snowden.com.au
Environment www.aarc.net.au
Australasian Groundwater Environment www.agecons
ultants.com.au
Department of Primary Industries
Fisheries
Resource Energy www.worleyparsons.com
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Cape Alumina Limited ACN 107 817 694 GPO Box
291, Brisbane, QLD 4001 Phone [phone]
9911 Fax [phone] info_at_capealumina.com.au
www.capealumina.com.au
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