DEEP BLUE

LOW COST OPERATING MODEL

An in-house technical and economic scoping study for project Deep Blue confirms that ultra-low-cost operations (OPEX US$13/t, CAPEX US$53/t) can be achieved by leveraging conventional point suction dredging technology combined with an onshore beneficiation process.

This is a unique competitive advantage that positions RCR to potentially be one of the lowest-cost producers of phosphate concentration in the world.

HIGH PHOSPHATE CONTENT IN THE SEDIMENT

Numerous surface samples and seabed cores minerals have low deleterious elements and can be easily extracted by simple sizing and gravity separation which is very low cost.

Even low-grade phosphate sediments still contain high-quality phosphatic minerals that can be economically recovered.

STRONG PROJECT FUNDAMENTALS

Our goal is to become a low-cost producer of green, free of deleterious elements, phosphate concentrate, and ensure that our business model is resilient to the economic cycles in the mining industry.

For the initial production of 1.2 Mta of the rock phosphate concentrate, we have optimized our operating model to achieve outstanding results and enable high returns to the investors.

NPV 10  USD 405m P2O5 in the sediment in weight :  10%
CAPEX  USD 80m Sediment moved:  ~4.6Mta
IRR  53% Beneficiation Yield:  75%
CAPEX PAYBACK  3 YEARS Product grade: 30% P2O5