VRX Silica

Presentations

Barlow

Our two priority projects, the Arrowsmith Hub and Muchea Hub, remain the focus for VRX Silica, and this presentation sets out where each stands today.

At Arrowsmith Hub, state environmental approval and mining permits have been granted, with final amendments pending and expected to be approved in the third quarter of calendar 2026. The updated Bankable Feasibility Study points to a Proven Ore Reserve of 221Mt at 99.5% SiO2, 2Mtpa target production, capital costs of A$74.5m, a post-tax NPV8 of A$179m and a post-tax IRR of 31%, with payback estimated at 4.6 years and total sales of A$2.6b over 25 years. 960ktpa of binding offtakes are secured, project finance is underway with Argonaut and Pareto Securities appointed, and production is targeted for end CY27.

Muchea Hub follows behind Arrowsmith in the development sequence. Its 2019 Bankable Feasibility Study shows a resource of 208Mt at 99.6% SiO2, 2Mtpa target production, capital costs of A$50m, a post-tax NPV10 of A$338m and IRR of 96%, with payback of 2.3 years and total sales of A$3.3b over 25 years. An updated study is planned to begin in the fourth quarter of calendar 2026.

As at 31 July 2026, VRX held a cash position of A$3.2m, alongside a market capitalisation of A$38.4m at the 24 August 2026 closing share price.

These are feasibility study outcomes and targets, not guaranteed results, and remain subject to project financing, approvals and construction milestones being met.

If you have questions about this announcement, we welcome you to send them through the question box on this page.

VRX Silica recently released the June 2026 Investor Presentation, showcasing our focus on supplying global demand for silica sand. We have projects like Arrowsmith North and Muchea Hubs, with Mineral Resources totaling 1.4B tonnes of high-grade silica sand. Our Arrowsmith Hub, expected to start production in Q4CY27, has strong economics with a 221Mt Ore Reserve. The Muchea Hub follows, offering very high-grade, low-impurity silica sand for premium applications. 

Our off-take agreements with key Asian markets are progressing well, reflecting the significant demand growth in the region. The strategic location of our projects provides proximity to key Asia-Pacific markets facing supply shortages. With a focus on streamlined processing, low complexity operations, and strategic infrastructure advantages, we aim to become a major supplier in the silica sand market. 

We invite investors to explore the detailed BFS economics, our strong value proposition, and the timeline to production for both hubs. VRX is well-positioned to capture opportunities in the rapidly growing silica sand market with our world-class assets and experienced team led by CEO Tony Swiericzuk. For further information or questions, feel free to reach out to us at info@vrxsilica.com.au.

Investor presentations