Magnum Mining And Exploration Limited · ASX:MGU
Magnum Mining And Exploration — Investor Presentation (October 2022)
13 slides from Magnum Mining And Exploration's investor presentation, Oct 14, 2022
Slide 1: West Virginia Project ASX Presentation
For personal use only West Virginia Project ASX Presentation October 2022
Slide 2: Background on Appalachian Iron
Background on Appalachian Iron For personal use only • Appalachian Iron is a party to a license agreement with Molong Petroleum Machinery Company (an entity incorporated in China) (Molong). It has the right to elect to enter into a future formal process agreement to utilise all intellectual property
Slide 3: Magnum Acquisition of Appalachian Iron
Magnum Acquisition of Appalachian Iron For personal use only • Acquisition of Appalachian Iron Inc provides Magnum with right to enter into a formal license agreement for use of HIsmelt technology and to advance Appalachian Iron’s other interests • HIsmelt technology to be used to develop a green pi
Slide 4: Core principles
HIsmelt technology Core principles For personal use only • The HIsmelt process represents a practical alternative to the blast furnace to produce pig iron • HIsmelt is a direct smelting reduction iron-making process that directly smelts preheated ferrous materials (e.g. iron ore fines, C-fines, slag
Slide 5: Commercialisation achieved: 40-year development path
HIsmelt technology Commercialisation achieved For personal use only 40-year development path 1980s Small Scale Pilot Plant (SSSP) in Germany – 10kt/yr design 1990s HIsmelt Research & Development Facility (HRDF) in Kwinana, Australia, – 100kt/yr design 2000s HIsmelt Kwinana Joint Venture (HKJV) in Kw
Slide 6: Commercialisation achieved: Operations at Molong, Australia
HIsmelt technology Commercialisation achieved For personal use only Operations at Molong, Australia • Started up in 2016 for a capital cost of $250m with a design rate of 600kt/yr using hematite • Currently producing at design rate of 50,000t per month @ 99% availability using Australian hematite •
Slide 7: Key benefits
HIsmelt technology Key benefits For personal use only Green, flexible, high purity and low cost Environmental • Reduced CO2 emissions as well as pm10, SOx, NOx, durans/furans and benefits benzene compared to traditional blast furnace operations using sinter plans and coke ovens. Clear and defined pa
Slide 8: Key benefits
HIsmelt technology Key benefits For personal use only Green, flexible, high purity and low cost Significantly lower • Due to the elimination of coke ovens, sinter and/or pellet plants. The capital costs construction of a HIsmelt plant is relatively simple as the HIsmelt technology uses many of the t
Slide 9: Buena Vista Project
Colado Rail Load Out Huxley Rail Load Out For personal use only • Fully Permitted Iron Ore Mine Reno • Easy Access to Union Pacific Railway & Highway The Ponderosa • Near High Voltage power lines and Natural Gas pipelines Buena • Close to all major West Coast ports for export • Nevada is friendly to
Slide 10: Buena Vista Resource Highlights
Buena Vista Resource Highlights For personal use only Zero Carbon pig • Magnum is working towards becoming the first green pig iron plant in the iron plant in the USA, with “Net Zero” carbon emissions USA Low cost iron ore • JORC compliant, indicated and inferred resource of 232M t @ 18.6% Fe1 conce
Slide 11: Nevada Iron + Appalachian Iron
Nevada Iron + Appalachian Iron For personal use only Access to HIsmelt • HIsmelt technology to be used to develop a green pig iron plant at the Technology Buena Vista Magnetite Project. High Demand • HIsmelt technology to be used to develop a green pig iron plant at the Product Buena Vista Magnetite
Slide 12: Disclaimer
Disclaimer For personal use only This document (the “Document”) is issued by Magnum projections, management targets, estimates, prospects, Mining and Exploration Ltd.. (“Magnum” or the “Company”) returns or assumptions contained herein, or any other to provide interested parties with preliminary inf
Slide 13: Contact
For personal use only Neil Goodman CEO, Appalachian Iron For more information Telephone +61 439 919 668 Email neil.goodman@appalachianiron.com
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