Slide 1: Northern Mongolia's Role as a Supplier of Hard Coking Coal
For personal use only ASPIRE MINING LIMITED (ASX:AKM) Northern Mongolia’s Role as a Supplier of Hard Coking Coal PDAC|Toronto | 4 – 7 March 2018 David Paull .
Slide 2: Disclaimer | Important Information
Disclaimer | Important Information NATURE OF THIS DOCUMENT For personal use only This presentation has been prepared by Aspire Mining Limited (Aspire or the Company). The information is based on publicly available information, internally developed data and other sources. By receiving this presentati
Slide 3: Disclaimer | Important Information
Disclaimer | Important Information Assumptions have been made by the Company regarding, among other things: the price of coking coal, the timely receipt of required governmental approvals, the accuracy of capital and operating cost estimates, the completion of a feasibility study for the Nuurstei Pr
Slide 4: Aspire Mining Limited
For personal use only Page 4 Aspire Mining Limited Investor Presentation
Slide 5: For personal use only
For personal use only Aspire Mining Limited Investor Presentation Page 5
Slide 6: For personal use only
For personal use only Aspire Mining Limited Investor Presentation Page 6
Slide 7: Coking Coal Regions
Coking Coal Regions For personal use only Aspire Mining Limited Investor Presentation Page 7
Slide 8: Steel Mill End Users
Steel Mill End Users For personal use only Aspire Mining Limited Investor Presentation Page 8
Slide 9: China Coking Coal Imports - 2017
China Coking Coal Imports - 2017 For personal use only Mt Coking Coal 31mt 26mt 4.6mt 4.3mt 2.8mt Australia Mongolia (1) Russia Canada USA Source: SX Coal Note 1: 86% raw coal Aspire Mining Limited Investor Presentation Page 9
Slide 10: Total Mongolia Coking Coal Exports – 2017
Total Mongolia Coking Coal Exports – 2017 (100% to China) For personal use only Mt % Washed Coking Coal (100% Mongolian Mining Corp) 3.6 (1) 14% Raw Coal 22.6 86% 26.2 (2) Aspire’s Nuurstei Coking Coal Project is aiming to be just the second coking coal project in Mongolia delivering a washed coking
Slide 11: Asset Locations: Focus on Northern Mongolia
Asset Locations : Focus on Northern Mongolia Export Options North and South For personal use only Northern Railway Aspire Mining Limited Investor Presentation Page 11
Slide 12: Nuurstei – Coking Coal Project (90%)
Nuurstei – Coking Coal Project (90%) • Drilling Rigs Mobilised For personal use only Indicative Washed Hard Coking Coal Quality (Air Dried) (1) – 58 hole, 10,000m program Moisture % 0.5 – Infill and resource extension Ash % ad 9.2 Volatile Matter % 26 – Shallow open pit targeted Total Sulphur % 0.7
Slide 13: Ovoot Coking Coal Project (100%)
Ovoot Coking Coal Project (100%) World Class Scale • Single large openpit - For personal use only 7km x 2km x 300m depth • 247mt of openpit reserves • Medium ash “Fat’ coking coal – High fluidity – High caking properties – Can carry weaker coal in a blend • Production rate of up to 10mtpa of washed
Slide 14: Northern Railways LLC (80%, potentially 34%)
Northern Railways LLC (80%, potentially 34%) • Concession holder For personal use only Erdenet – Ovoot Railway 547km Rail – Part of One Belt One Road’s Northern Rail Corridor • Consortium Includes: China Railways Construction Corp and China Gezhouba Group Corp (CGGC) • Feasibility Study – Completion
Slide 15: Aspire Mining Limited
Aspire Mining Limited (ASX: AKM) • Market Cap A$27m (@ 1.1c) For personal use only • Cashed up with A$11.1m (as at 31/12/17) • Enterprise value A$19m • Nuurstei coking coal mine Feasibility Study 2Qtr 2018 • Targeting Production commencing 1Qtr 2019 • + Ovoot coking coal project and Northern Railw
Slide 16: Contact Details
Contact Details For personal use only Aspire Mining Limited ABN: 46 122 417 243 ASX Code: AKM Web: www.aspiremininglimited.com Offices: AUSTRALIA MONGOLIA 69 Kewdale Road Sukhbaatar District, 1st Khoroo Welshpool, WA6106 Chinggis Ave-8 Western Australia Altai Tower, 3rd Floor, Room 302 Tel: +61 8 92