day 1 – Session 1: Strategic metals and the clean-tech revolution ? <br />Recycling fly-ash waste – turning grey into gree...
GLOBAL MININGINVESTMENT CONFERENCE 2010<br />Lead sponsors:<br />Media partners:<br />Other sponsors & participating organ...
        Forward Looking Statements<br />This disclaimer forms part of and is incorporated in the accompanying material.<br...
        Vecor’s Vision<br />To be recognised as the<br />World Leader<br />in fly ash recycling <br />technologies by 2013...
Fly ash dump at power plant<br />
				 Energy from Coal<br />
				 Fly Ash Production vs Utilisation<br />Global Estimates: 1990 - 2030<br />Global Estimates: 1990 - 2030<br /><ul><li>...
   Trend towards higher enforcement of particulate emissions.
   Reduces air pollution but increase fly ash volume.  </li></li></ul><li>           Current Fly Ash Useage<br /><ul><li>1...
10 billion tonnes legacy in landfill</li></ul>Fly Ash dam spill, Tennessee USA 2008<br />
        Capability Development<br /><ul><li>2007Licensed core technology
 2007 – 2009 Developed Additional IP
 2009 – 2010Ceramics, Minerals
2011Comprehensive Utilisation</li></ul>Pilot plant since February 2008, processing techniques, proprietary manufacturing e...
        Vecor Product Capabilities<br />High-margin “Green” raw materials & building products<br />Ceramic Tiles<br />Cera...
        Vecor’s Business<br />Recycle<br />Products<br />Minerals<br />Aluminum Silicates<br />VecoFillTM<br />Challenge<b...
        Why replace clay with fly ash?<br /><ul><li>  Clay and sand have become increasingly precious
  Same Chemistry
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Siegfried Konig: Recycling fly-ash waste (Day 1 - Session 1: Strategic metals and the clean-tech revolution)

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Day 1 - Session 1: Strategic metals and the clean-tech revolution

Recycling fly-ash waste

Objective Capital Global Mining Investment Conference 2010
Stationers' Hall, City of London
28-29 September 2010
Speaker:
Siegfried Konig - Vecor

Published in: Investor Relations
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  • My name is Siegfried Konig. Our company VECOR aspires to be the world leader in fly ash recycling by 2013.Can you please indicate by raising your hand, if you have ever heard of fly ash or coal ash? …………. Ok, if you have ever cleaned a fireplace, you will know that some of the ash is on the bottom of the fireplace and easy to clean up, but some ash flies up because the particles are so light. That is fly ash.
  • What you see here is a fly ash dump. You will find dumps like this next to every coal fired power plant in the world. This dump is about 3 miles long, 1 mile wide and contains tens of millions of tonnes of fly ash. 24 hours a day, 7 days a week, over 50,000 coal-fired power plants are producing more than 1 billion tonnes of fly ash, the majority destined for dumps like this, and there are more than 10 billion tonnes of this industrial waste already in landfill.
  • This environmental challenge is escalating dramatically because the world’s demand for energy will increase 40% by 2030, primarily in Asia. The majority of this energy will come from Coal because Coal is the cheapest energy source, Coal is locally available and Coal represents energy security. That means that by 2030 the fly ash produced will double from 1 billion tonnes of new ash every year to 2 billion tonnes.
  • This chart shows the increasing gap between fly ash production and environmentally sustainable utilisation. So what is being done at the moment, and what more can be done to utilise more of this huge amount of waste?
  • Currently the only industry using significant quantities is the cement industry which uses fly ash for cement replacement. New technologies need to be invented and new uses need to found because it makes sense to mine this waste instead of mining virgin materials for construction. Centuries of mining clay, limestone, sand and aggregates as construction materials are putting unsustainable pressure on our environment. Governments are increasing legislation in an effort to limit mining, just ask someone that is seeking approval to open a new quarry! People have been trying for decades to invent new ways to use this waste, and Vecor has succeeded.
  • Our first technology was invented and patented by researchers at the UNSW. Vecor has the exclusive Global rights to the patents and Vecor will own the Intellectual Property at the time of our IPO. Commercialising and improving that technology has taken 3 years and over $6 million spent on R&amp;D. Additionally, our team has modified established mining technologies to process fly ash and engineered new equipment. With 3 additional patents lodged to date, Vecor is well on the way to our goal of comprehensive utilisation.
  • We have manufactured prototype ceramic tiles, ceramic proppants for the oil and gas industry, bricks, pavers, sand, aggregates and high temperature refractory bricks. What we learned in developing these products is that making finished products is only a part of the opportunity.
  • The first revenue stream of our business is that Vecor gets paid by the power plants to take the Fly Ash and thereby remove their liability. In the US dumping fees alone are $20 a ton and in the EU it&apos;s around 27 Euros a tonne. Vecor then processes the fly ash using modified mining technologies (similar to mining tailings) and makes money from selling the minerals including Carbon, Magnetite and Cenospheres. What we left with are beneficiated aluminium silicates that can then be used as a raw material for a number of industries including plastics, rubber, abrasives, paint and fillers or as a replacement for products traditionally made from clay such as tiles and bricks. Vecor&apos;s 3rd revenue steam is to grant licenses for product manufacturing, usually in a joint venture with an industry leader in a given market.
  • So why replace clay with fly ash? Besides the fact that clay is a virgin material and the aluminium silicates are a recycled material, it is well known that Italy has run out of clay, they use clay imported from the Ukraine, China has banned clay mining in more than ¾ of their provinces and all quarrying is banned within a 150 kilometre radius of Delhi. Why? Because clay mining is destroying their arable land. The chemistry of clay and fly ash are remarkably similar because fly ash is really burnt clay. Tiles made from fly ash are 30% cheaper to manufacture because of reduced materials preparation and Vecor tiles require 30% less energy. The 3 industry test parameters for ceramic tiles are water absorption, tensile strength and surface hardness. This table details how Vecor’s ceramics are superior to the best Italian porcelain made from clay in every respect.
  • And they said it couldn’t be done!
  • Here is Vecor&apos;s 5 phase business plan. Phase 1 was completed with our own cash and Government grants. We then raised 5 million US Dollars from wealthy private investors for Phase 2 which will be completed by the end of October. Starting in November, Vecor plans to raise a further 50 million US Dollars to fund the first 4 projects with Joint Venture partners. We intend to operate those 4 projects until the IPO in 2013-2014, then commence the Global rollout.
  • Now, you may be thinking, Sounds good, Looks good, Solves a huge environmental problem, but does it make any money? And the answer is YES! The 50 million US Dollars raising to complete Vecor&apos;s phase 3 is forecast to realise revenue of around 60 million and EBIT of 20 million, a comprehensive financial model is available as part of Vecor&apos;s due diligence materials.
  • So why think about investing in Vecor? We believe Vecor is an excellent investment because of our First Mover advantageThe business represents a highly scaleable, Global opportunity There is abundantly available feedstock wherever there is a coal fired power plantThere is considerably less risk now that proof of concept has been completedWe provide the solution being actively searched for coal fired Power Plants to remove their liabilityThe timing is perfect because it taps into the Worldwide trend towards zero wasteUnlike many &quot;GREEN&quot; businesses, Vecor will not depend on Government subsidies to survive because the business is highly profitable, and Vecor has committed, experienced management with significant personal investment in the business
  • I have tried to present the Vecor baby without the 3 years of labour pains. We invite you to find out more about Vecor and perhaps conduct due diligence, please feel free to introduce yourself to me or other members of the Vecor team. Robin, Damian and Mike, could you please stand up so you can be recognised ………….. Or else send me a text to make contact. THANK YOU VERY MUCH
  • Siegfried Konig: Recycling fly-ash waste (Day 1 - Session 1: Strategic metals and the clean-tech revolution)

    1. 1. day 1 – Session 1: Strategic metals and the clean-tech revolution ? <br />Recycling fly-ash waste – turning grey into greenSiegfried Konig– Managing Director, Vecor<br />
    2. 2. GLOBAL MININGINVESTMENT CONFERENCE 2010<br />Lead sponsors:<br />Media partners:<br />Other sponsors & participating organisations:<br />
    3. 3.
    4. 4. Forward Looking Statements<br />This disclaimer forms part of and is incorporated in the accompanying material.<br /> <br />No representation or warranty, express or implied is made, in relation to the accuracy or completeness of the information provided in this document or any other information concerning the Vecor Group otherwise provided to the recipients.  Whilst every care has been taken with preparation of the information contained in this document, no responsibility is accepted by the Vecor Group or any of its representatives, directors, partners, employees or professional advisers for any information provided in this document or otherwise provided to the recipients or for any action taken by the recipients on the basis of such information.<br /> <br />In particular, no representation or warranty is given as to the accuracy, likelihood of achievement or reasonableness of any forecasts, prospects or returns contained in the information.  Such forecasts, prospects or returns are by their nature subject to significant uncertainties and contingencies.  Each recipient of the information should make its own independent assessment of the information and take its own independent professional advice in relation to the information and any action taken on the basis of the information.<br />
    5. 5. Vecor’s Vision<br />To be recognised as the<br />World Leader<br />in fly ash recycling <br />technologies by 2013<br />
    6. 6. Fly ash dump at power plant<br />
    7. 7. Energy from Coal<br />
    8. 8. Fly Ash Production vs Utilisation<br />Global Estimates: 1990 - 2030<br />Global Estimates: 1990 - 2030<br /><ul><li> Fly ash is captured from flue gas.
    9. 9. Trend towards higher enforcement of particulate emissions.
    10. 10. Reduces air pollution but increase fly ash volume. </li></li></ul><li> Current Fly Ash Useage<br /><ul><li>1 billion tonnes new fly ash every year
    11. 11. 10 billion tonnes legacy in landfill</li></ul>Fly Ash dam spill, Tennessee USA 2008<br />
    12. 12. Capability Development<br /><ul><li>2007Licensed core technology
    13. 13. 2007 – 2009 Developed Additional IP
    14. 14. 2009 – 2010Ceramics, Minerals
    15. 15. 2011Comprehensive Utilisation</li></ul>Pilot plant since February 2008, processing techniques, proprietary manufacturing equipment<br />Process & engineer fly ash to produce versatile raw materials. Manufacture “green” products using fly ash as clay replacement <br />Enabling 100% utilisation of waste fly ash <br />
    16. 16. Vecor Product Capabilities<br />High-margin “Green” raw materials & building products<br />Ceramic Tiles<br />Ceramic Proppants<br />Recycled Minerals<br />Refractories<br />Bricks<br />Pavers<br />Aggregates<br />Sand<br />Prototype products produced at Vecor’s pilot plants in China and Italy since February 2008<br />
    17. 17. Vecor’s Business<br />Recycle<br />Products<br />Minerals<br />Aluminum Silicates<br />VecoFillTM<br />Challenge<br />Ceramic Proppants Oil and Gas Industry<br />Coal Power Plant<br />Cenospheres<br />VecoCenTM<br />Fly Ash Landfill<br />Ceramic TilesBricks, pavers<br />Processing Facilities<br />MagnetiteVecoMagTM<br />Activated Carbon<br />VecoFiltersTM<br />Sand & Aggregates<br />Low-cost, high valueIndustrial Minerals<br />Energy Efficient <br />Clay Replacement<br />Proprietary recyclingtechnologies<br />Waste Fly Ash <br />
    18. 18. Why replace clay with fly ash?<br /><ul><li> Clay and sand have become increasingly precious
    19. 19. Same Chemistry
    20. 20. 30% Less energy & GHG emissions
    21. 21. 30% Saving in manufacturing costs
    22. 22. 14% Less water required
    23. 23. Superior quality products</li></li></ul><li> World First<br />
    24. 24. Development Plan<br />
    25. 25. Financial Model<br />
    26. 26. Why invest in Vecor?<br />Vecor gets paid to take the Fly Ash<br />Vecor gets paid by processing the Fly Ash & selling Raw Materials<br />Vecor gets paid by selling the products made from Raw Materials<br />Ceramic Tiles <br />Profitability<br />Sustainability<br />Growth<br />Proppants<br />Processing By-ProductsAluminum Silicates (Vecor Clay) Cenospheres (VecoCen) Magnetite (VecoMag) Activated Carbon (VecoFilters)<br />Sand &Aggregates <br />Revenue:<br />Vecor produces and sells commercial and industrial products using the Raw Materials with its proprietary technology and Engineering<br />Revenue:<br />Vecor Processes Fly Ash to make Raw materials for Industry and other mineral by-products that it sells to customers, partners and subsidiaries.<br />Vecor Products Tiles, Cladding, Bricks, Blocks, Pavers, Proppants<br />Revenue:<br />Vecor gets paid to take Fly Ash from Coal Power Plants, because it removes liability.<br />
    27. 27. Invitation<br />Siegfried Konig +44 7783 939 703<br />s.konig@vecor.com<br />
    28. 28. GLOBAL MININGINVESTMENT CONFERENCE 2010<br />Lead sponsors:<br />Media partners:<br />Other sponsors & participating organisations:<br />

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