Imerys
• Imerys of France purchased Rio Tinto’s talc operations on August 1st.
• Imerys mines rare resources and turns them into specialities that improve
the products and processes of its customers in industry and construction.
• Imerys has an unmatched portfolio of resources in items of diversity and
geographic balance and an excellent grasp of large-scale mineral
conversion technologies.
• Its innovation capability enables it to design high value-added solutions
for its customers.
Imerys, Luzenac Group
• With an annual production of one million tonnes, Luzenac Group is the
world leader in talc processing with total market share of approximately
15%. Imerys therefore broadens its functional offering for technical
applications and in a wide range of industrial markets.
• Thanks to its lightness and strength in Plastics & Polymers, talc can be
used to reduce vehicle weight, for example:
• Incorporated as a filler, it improves the quality of Paints & Coatings,
through its matting, anti-corrosion, anti-cracking and anti-mold
properties.
• Used in the Paper-making process, it makes recycled paper whiter, in
particular;
Talc’s also contributes to other applications. Its thermal resistance and
mechanical strength allows Ceramics manufacturers to lower their firing
temperatures and limits thermal distortion.
• Talc also improves quality of Health and Beauty Products.
The Ontario Operations
Penhorwood Mine –
Open Pit with Stockpiles
Timmins Micronizing
Mill – Fine Grinding Mill
Penhorwood Concentrator
Facility – Flotation Plant
Foleyet Loadout Facility – CN
Rail Bulk Railcar Loading
Facility
Our Rich History
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Mine and Micronizing plant located in Northern Ontario some 450 miles north
of Toronto
Opened in 1974 by John’s Manville, acquired by Steetley Talc in 1978,
Luzenac in 1988 and then amalgamated with Luzenac America and Rio Tinto
Major expansion in 1986, 1992, 1998, 2000
Started in pitch control,
Expanded in paints with the Artic Mist
Expanded in the polymers with JetFil line
Expanded in ceramics
Presently Timmins- Penhorwood – Foleyet
2011 Imerys purchased the worldwide talc operations
Our Rich History
Every Talc is Different!
Penhorwood Operation
Contract Mining
8 to 10 weeks per year
Hazemag Impact Crusher
Wet Grind ball mills
Flotation circuit
Propane fired Drying
Three bulk silos and truck to Timmins
ACM grinding mill
Bulk Silo
Truck to Timmins or Foleyet
Timmins Micronizing Mill
Two Bulk silos
Primary Grinding
Primary
Grinding
PT-9 Jet Mills, ACM
PT-9 Jet Mills, Amvest, Hammer Mill
Six Bulk silos
Pellet Mills
Semi-automatic Packaging
Bulk Packaging
Ship to Foleyet/ customer
Shipping
Semi-Bulk Packaging
Manual Packaging
Today's Applications for Talc
Fascinating Facts About Talc
• Talc is a rock formed over many millions of years. It is water repellent, inert, platy and the
softest mineral on Earth.
• 15,000 years ago, cave dwellers used talc as an ingredient in their paints.
• The Chinese were already using talc in glazed pottery (618 to 907).
• Talc has been used in cosmetics for thousands of years. The ancient Egyptians and the
Vedics of India were using it to lighten their skins as much as five thousand years ago.
Around the same time, the Chinese were making face powders from rice powder mixed
with ground minerals such as talc and kaolin.
• There are hundreds of talc deposits of various sizes in activity throughout the world. Each
talc deposit has its own features, its own geological signature. Talc can be white, grey,
pink, blue, violet, green and even black.
• Talc is used in the manufacture of a myriad of everyday products including animal feed,
automobiles, cables, sweets, ceramic tiles, chewing gum, cosmetics, fertilizers, foundry
technology, olive oil processing, paint, paper, pharmaceuticals, plaster, plastics, printing
inks, putties, refractories, roofing, sanitary ware, tyres and of course body powder.
Leading supplier of industrial minerals
d
High value-added specialties essential
to a wide range of industrial sectors
Logistic
Mining
Logistic
Process:
Beneficiate
& Transform
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Consumer goods  45%(1)
d
Numerous applications for daily life

Fused aluminum oxide for optical glass polishing

Diatomite to filter beer and wine

Kaolin for coated advertising papers

Carbonates for baby diapers

Clay bodies for tableware

Graphite for batteries

etc…
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Building renovation & maintenance  15%(1)
New construction  16%(1)
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Variety of applications and products
for construction

Red clay for roof tiles and bricks in France

Talc for paints

Bodies for tiles & sanitary ware

Fused aluminum oxide for polishing walls

Carbonates additives for windows' PVC profiles

etc…
13
(1) Imerys estimates – in % of 2010 consolidated net sales
Industrial goods  24%(1)
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Plenty of industrial
applications

Refractory linings for high temperature
manufacturing processes

Fused minerals for abrasives

Carbonates, talc for industrial plastics

Graphite for lubrication applications

High purity quartz crucibles
for photovoltaic cells

Zirconia based oxygen sensors

etc…
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(1) Imerys estimates – in % of 2010 consolidated net sales
Minerals for Ceramics, Refractories, Abrasives
& Foundry
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Four businesses

Minerals for Ceramics (29% of 2010 sales) :
products of raw materials and bodies for
tableware, sanitary and floor tiles, quartz

Minerals for Refractories and Oilfields (27%):
production of acidic refractory minerals
as andalousite, chamottes and specialties
for oilfield industry

Fused Minerals (36%): fused alumina and
bauxite for cutting, grinding and polishing mills,
sand papers, fused zirconia

Graphite & Carbone (8%): high performance
graphite powder for the mobile energy,
engineering, refractory markets
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Pigments for Paper & Packaging
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The world’s broadest range of white pigments

Kaolin zones: Cornwall (UK), Georgia (USA) and
the Amazon delta (Brazil)

A global platform for the production of ground
calcium carbonate (GCC): Europe, Americas,
Asia/Pacific

Various PCC production sites
A dedicated business group to answer the
fast-changing needs of global paper
customers

Europe (46% of 2010 sales)

North America (28%)

Mercosur (8%)

Asia-Pacific (18%)
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Performance & Filtration Minerals
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Two businesses

Performance Minerals (56% of 2010 sales):
mineral additives for paint, plastics, adhesives ,
sealants…

Minerals for Filtration (44%) : diatomite
and perlite for edible liquids filtration (beer, wine,
edible oils,…)
A wide range of raw materials with many
matching characteristics...

Carbonates clays, kaolin, mica, feldspar,

Diatomite, perlite, vermiculite
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Materials & Monolithics
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Building Materials (44% of 2010 sales):

Clay roof tiles, bricks and chimney blocks

Natural slates
Refractories Solutions (56%):

Monolithic refractory: concrete used used in
numerous industries: such as cement factories,
power stations, petrochemistry, incinerators,
casting plants and industrial furnaces;

Kiln furniture for the tiles and ceramics
industries
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Diversified markets(1)
Europe
North America
Others
(incl. 26% in emerging countries)
45%
18%
12%
15%
Consumer
Goods
24%
11%
5%
8%
Industrial
Equipment
16%
10%
2%
4%
New
Construction
15%
9%
2%
4%
Renovation
48%
21%
31%
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(1) Imerys estimates – in % of 2010 consolidated sales
A large customer base
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The Group’s 10 biggest customers account for 15%
of its sales
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None of them represent more than 3% of total sales
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Based on 2010 figures
Reserves and mining (2/2)
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30 minerals  116 mining sites(1)
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115 geologists all around the world
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Almost 600 Mt of reserves
with at least a 20-year horizon
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Ongoing development of mineral reserves
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State-of-the-art mining and manufacturing techniques
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Ongoing site restoration program with objective
and resources (exploration, mining, acquisitions of new deposits)
 Reporting compliant with the PERC code and reviewed by the Audit Committee
of minimizing ecological footprint
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(1)
A mining site may include several mines or quarries.
Sustainable Development (1/2)
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Environment: environment-friendly activity management;
responsible use of mineral reserves
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Health & Safety: guarantee the health and safety
of employees in the workplace
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Human Resources development: social benefits, ongoing
training and industrial dialog as the basis for sustainable growth
d
Community relations: the Group acts as a full member
of every community where it is based
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Innovation: energy efficiency and emission reductions factored
into work on process and product development
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Governance: best practices applied in strict compliance
with transparency and ethical rules
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Sustainable Development (2/2)
d
Safety
7.96

d
- 82% decrease
in frequency rate(1) since 2005
5.69
4.65
2.88
Environnement
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
d
Frequency rate(1)
11.79
Generalization of environmental
management systems
2005
(1)
2006
2007
2008
2009
2.13
2010
Number of lost-time accidents x
1,000,000/number of work hours
160 sites are equipped with an EMS as of 12/31/10
Eco Bos Project
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Eco town to be developed
on former mining and industrial sites in Cornwall
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Accelerate development through innovation
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Global network of 270 engineers and technicians
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Sustained effort coordinated
by the Innovation Department
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New products, applications and processes
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24 research centers : 7 main research centers
(UK, USA, France, Austria, Switzerland)
and 17 regional laboratories
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Application R&D : renewal of the offering
and development of our customers performance
•
Disruptive innovations
 entering new markets
On average, R&D expenses account
for about 1% of Group sales
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Global presence
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Worldwide locations of reserves and industrial sites
• Europe (France, Italy, Spain, Austria, Belgium)
• North America (United States, Canada)
• Asia-Pacific (Japan, Australia)
Sales by geographic zone(1)
Japan/
Australia
4%
Emerging
countries
14%
North
America
28%
Europe
54%
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Industrial site
Headquarter
More than 20 years’ mineral reserves and resources
Modern industrial assets
(1) non-audited estimate
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Imerys
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2010 Key figures
Sales
€3,347 million
Operating margin
12.5%
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15,090 employees
in 47 countries
More than
240 industrial
facilities
ROCE
7 main research
13.0%
centers
Listed on NYSE Euronext Paris stock market

Market capitalization: €3.4 billion (September 2011)

General mining sector
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Headcount evolution
Emerging
countries
41%
Western
Europe
44%
(of which
China: 12 %)
(of which
France: 20 %
UK: 8%)
Japan/
Australia
1%
United
States/
Canada
14%
17,552
17,016
14,592
2007
2008
2009
15,090
2010
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