Investor Presentation - July 2016
Perth, July 19, 2016 AEST (ABN Newswire) - MZI Resources Ltd (
ASX:MZI) are pleased to provide an investor presentation for July 2016 titled, "Delivering high value mineral sands products into an evolving market".
Summary: MZI a rare gem in today's resources sector
- Keysbrook project construction completed and commissioning commenced on budget and ahead of schedule
- First production of saleable products achieved November 2015, first sales completed December 2015
- Globally competitive low cost producer
- Positive price/demand outlook for Keysbrook-type products
- Focused on higher-value end of mineral sands market: Zircon, Leucoxene88, Leucoxene70
- Five year offtake contracts with blue chip customers (Chemours and Tricoastal/Wensheng)
- Discussions with multiple parties for uncommitted volumes
- Long life asset with significant growth/expansion potential
To view the presentation, please visit:
http://abnnewswire.net/lnk/094UD7ON
About MZI Resources Ltd
MZI Resources Ltd (ASX:MZI) is a mineral sands company focused on the high value minerals of zircon, rutile and leucoxene based in Perth, Western Australia. Its flagship operating asset is the Keysbrook Mineral Sands Project, located 70km south of Perth. At the Keysbrook mine, mineral sands are mined and processed to produce heavy mineral concentrate (HMC) which is processed into final products under a toll treating arrangement with Doral Mineral Sands Pty Ltd at the Picton Mineral Separation Plant (MSP) near Bunbury.
The Keysbrook mine hosts a world-class zircon / leucoxene ore body with total Ore Reserves equivalent to over 15 years of production at design output rates, and total Mineral Resources equivalent to over 30 years of production. Production commenced in late 2015, making the Keysbrook Project Australia’s first – and the world’s largest - primary producer of high value leucoxene.
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