Magnetite Mines Ltd. · ASX:MGT
Magnetite Mines — Investor Presentation (July 2016)
19 slides from Magnetite Mines's investor presentation, Jul 13, 2016
Slide 1: European Investor Presentation
For personal use only ASX Announcement 13 July 2016 European Investor Presentation Please find attached a presentation by the Chairman to potential European investors this week. For further information contact: Gordon Toll Peter Schubert Chairman and Chief Executive Officer Non-Executive Director +6
Slide 2: Mawson Iron Project
For personal use only MAWSON IRON PROJECT Mr. Gordon Toll - 13 July 2016 – European Investor Briefing 1
Slide 3: Disclaimer and Competent Persons Statement
For personal use only DISCLAIMER AND COMPETANT PERSONS STATEMENT This presentation has been prepared by Magnetite Mines Limited (ABN 34 108 102 432) (“MGT”) based on information available to it. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or
Slide 4: Mawson Iron Project: South Australia
For personal use only Mawson Iron Project: South Australia - well located politically and geographically to serve the global steel industry 3
Slide 5: Mawson Iron Project infrastructure
For personal use only Mawson Iron Project: • Existing Infrastructure • Sheltered port site • Available workforce • Supportive government 4
Slide 6: Our Ambitions
For personal use only OUR AMBITIONS • Largest magnetite resource • Largest magnetite concentrate producer • Highest quality magnetite concentrate • Lowest cost magnetite delivered to steel mills 5
Slide 7: Our Ambitions
For personal use only OUR AMBITIONS • Largest magnetite resource • Largest magnetite concentrate producer • Highest quality magnetite concentrate • Lowest cost magnetite delivered to steel mills 6
Slide 8: Largest Magnetite Resource
For personal use only LARGEST MAGNETITE RESOURCE • Exploration license area of 3,922 km sq. - major tenement holder in the region • Aeromagnetic surveys and outcrop mapping demonstrate > 200 kilometres of strike length of favourable magnetic stratigraphy - 1. MGT Exploration Potential of 16 to 32 bi
Slide 9: Geological footprint delineated by magnetic surveys
For personal use only Enviable geological foot- print delineated by aero- magnetic and ground magnetic surveys 8
Slide 10: Our Ambitions
For personal use only OUR AMBITIONS • Largest magnetite resource • Largest magnetite concentrate producer • Highest quality magnetite concentrate • Lowest cost magnetite delivered to steel mills 9
Slide 11: Largest Concentrate Producer
For personal use only LARGEST CONCENTRATE PRODUCER • Large resource allows contemplation of large production • Sustainable long life production • Area drilled to-date represents only a small subset of the favourable geology 10
Slide 12: Our Ambitions
For personal use only OUR AMBITIONS • Largest magnetite resource • Largest magnetite concentrate producer • Highest quality magnetite concentrate • Lowest cost magnetite delivered to steel mills 11
Slide 13: Highest Quality Concentrates
For personal use only HIGHEST QUALITY CONCENTRATES • Extensive test work confirms the high quality of concentrates • This quality can be sustainable over the life of the mine Rougher Mass Sample Rejection Fe% SiO2% AL2O3% P% S% Recovery % Sighter 16.2 54.3 68 4.22 0.43 0.01 trace Bulk 14.6 56.5 68.8
Slide 14: Our Ambitions
For personal use only OUR AMBITIONS • Largest magnetite resource • Largest magnetite concentrate producer • Highest quality magnetite concentrate • Lowest cost magnetite delivered to steel mills 13
Slide 15: Lowest CFR Cost Concentrates
For personal use only LOWEST CFR COST CONCENTRATES • Relatively soft and non-abrasive rocks with low crushing and grinding power requirements • Mining with low stripping ratios • Relatively cheap electric power 14
Slide 16: Lowest CFR Costs Cont.
For personal use only LOWEST CFR COSTS CONT. Coupled with: Sustainable, low cost delivery chain configuration - • Ultra high powder factor (UHPF) blasting • In-pit crushing and conveying (IPCC) - Truckless mining • Intelligent comminution and concentration • Slurry pipeline transport • Floating iron
Slide 17: Fully integrated logistics from mine to ship
For personal use only The Mawson Iron Project’s fully integrated logistics ensure seamless materials flow from mine face to ocean going bulk carriers with lowest unit costs 16
Slide 18: Magnetite Mines on the Path to Production
For personal use only MAGNETITE MINES ON THE PATH TO PRODUCTION • 3 MoU’s with Chinese Steel Mills relating to offtake or finance of project 1,2,3 • 5 MoU’s with Chinese equipment manufactures / infrastructure providers to build the project 4,5 • Ready to commence Definitive Feasibility Studies 1 AS
Slide 19: Magnetite Mines Limited - Making Steel Stronger
MAGNETITE MINES LIMITED Making Steel Stronger SOUTH