Mgx Resources Limited · ASX:MGX
Mgx Resources — Mount Gibson Iron — Metals Bulletin, November 2005
17 slides from Mgx Resources's conference presentation, Nov 18, 2005
Slide 1: Growth Through Initiative
Growth Through Initiative Metals Bulletin, November 2005
Slide 2: Resources & Infrastructure
Resources & Infrastructure Shiploading Factises {60.000085) SCALE 1 TONG A ANE egene | manwa sips | wae se erie seg co 7 Kooisnnoks Saath Henatie & Magnetic I Gibeon Hematite & Lagat Exterior Ensnaion Ht South Tag HH shelecn Ht
Slide 3: Niche Australian iron ore producer
e Niche Australian iron ore producer e Strong financial & operational performance e Project development pipeline ¢ Accretive project strategy e Alternate iron ore supplier to Asia Moune Goon tron 3 18/11/2005
Slide 4: Phased Growth
hased Growth ¢ Direct shipping grade hematite e Magnetite concentrate & pellet production ¢ Metallised iron production Moune Goon tron 4 18/11/2005
Slide 5: Tallering Peak Mining Operations
Tallering Peak Mining Operations e First hematite ore shipped Feb 2004 e 2004/05 - 1.84 million tonnes produced ¢ Current production 2.0 Mtpa ¢ Target production 3.0 Mtpa from mid 06 « Strong cash generator Moune Goon tron 5 18/11/2005
Slide 6: Tallering Peak - Ground Magnetics
Tallering Peak = Ground Magnetics 18/11/2005
Slide 7: Tallering Peak Operation
Tallering Peak Operation Mouné Goon tron 7 18/11/2005
Slide 8: Extension Hill Hematite & Magnetite
Extension Hill Hematite & Magnetite e Undertaking BFS - Produce 5 Mtpa magnetite concentrate (68% Fe) - Mine life approx 20 years e Resource of 250 million tonnes ¢ Ore body with low strip ratio e High quality concentrate produced e Extension Hill is one of eight deposits at Mt Gibson Moune Goon tro
Slide 9: Extension Hill - Magnetics
Extension Hill = Magnetics S200D0ME a A 6730000niN — : Extension Hil North: Nontti 500: ton 4809 20cm LE Extension Hill Open Pit Werinara Road / Pion rib eas: M59/454 18/11/2005
Slide 10: a Se
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Slide 11: Site layout
‘Heinate ‘Crusher | smagnetite Concentrator ha Administration. ROM Pad #2 Low Grade —~ ‘Hematite % ~ Stochnite. "-Hemanite Waste, Duran #276 Pe | LEGEND ~ “Tenement Boundary “Tepoarsphie Contr ee = Reaertracs WISELB on wineraetion ee Magnoiits Mine — \ UIE, aerate sore: On, %
Slide 12: Nanjing Pellet Plant
Nanjing Pellet Plant LO oO EE « Capacity of 2.5 Mtpa blast furnace grade pellets « Location advantages: - Reduce shipping costs Expanding steel making region Located at a new port Lower capex and opex than Australia Skilled workforce available « Sell pellets to regional steel mills under long term c
Slide 13: Metallised Iron Project
Metallised Iron Project « Commenced feasibility study - Progressively develop four 500,000 tpa modules utilising MIDREX ITmk3 process - Single pass rotary hearth furnace reducing magnetite concentrate to metal in 12 minutes « Coal may be sourced from Irwin River, which is accepted by MIDREX as suita
Slide 14: MIDREX ITmk3 Technology
iam{ MIDREX ITmk3 Technology Food Preparation Petieazer Product Discharge Hot Braguet Stream Betary Hoare Fumact Reduction
Slide 15: VID
i a 7. VID
Slide 16: Summary
Summary e Mt Gibson is an established and expanding iron ore producer ¢ Building internal capacity and capability ¢ Generating strong cash reserves e Enjoys long term access agreements to services and infrastructure « Executing accretive strategic projects e Established strategic alliances and partn
Slide 17: Disclaimer
Disclaimer This Document is Confidential and may not be reproduced, redistributed or passed on, directly or indirectly, to any other person, or published, in whole or in part, for any purpose without prior written approval frorn Mount Gibson iron Limited. This Document is not a Prospectus nor an Off