Aspire Mining Limited · ASX:AKM
Aspire Mining — UBS Coal and Iron Ore Forum (December 2014)
14 slides from Aspire Mining's conference presentation, Dec 3, 2014
Slide 1: Northern Rail Line: Unlocking Resources in Northern Mongolia and SW Siberia
For personal use only Aspire Mining Limited Northern Rail Line: Unlocking Resources in Northern Mongolia and SW Siberia UBS Coal and Iron Ore Forum Presentation 1 3 December 2014
Slide 2: Important information
For personal use only Important information •Nature of this document: This document has been prepared by Aspire Mining Limited (“Aspire”, “AKM”, or the “Company”) and contains summary information about the Company and its subsidiaries as at the date of release of this document. The information in th
Slide 3: Important information cont.
For personal use only Important information cont. •Production Target Assumptions: The following are key assumptions used to achieve the ODP first year target of 5Mtpa of marketable coking coal. 1) In the eight months prior to commencement of first year ODP production, a 23 million BCM waste removal
Slide 4: Aspire is an emerging coking coal developer well placed to benefit from Mongolia's changing infrastructure landscape
Aspire is an emerging coking coal developer well placed to benefit from For personal use only Mongolia’s changing infrastructure landscape Company Focus: “To develop World Class Coking Coal Projects in Mongolia” • Mongolia is a relatively under‐explored coking coal province • Aspire is the largest l
Slide 5: Recent Bi Lateral Infrastructure Agreements to Increase Mongolian Export Competitiveness
Recent Bi Lateral Infrastructure Agreements to For personal use only Increase Mongolian Export Competitiveness • Over 39 Agreements signed by Mongolia with Russia and China in September 2014 Quarter outlining significant infrastructure investment, and transport cooperation to facilitate trilateral t
Slide 6: Northern rail line
Northern rail line For personal use only • Part of an international rail corridor between Russia‐ Mongolia‐China • Connects the Ulug Khem Basin and Ovoot Project directly onto the Trans‐Mongolian Railway • Major transport corridor in Russia and Northern Mongolia (passing through Orkhon, Bulgan, Khuv
Slide 7: The Northern Rail Line will create a long term competitive advantage for Russian and Mongolian coking coals
The Northern Rail Line will create a long term competitive For personal use only advantage for Russian and Mongolian coking coals Indicative cost targets Elegest Ovoot (US$/t) (US$/t) Rail to Erdenet 10.79 5.74 (rail opex only) Note3 Rail to ErenhotNote1 22.3 22.3 (based on 2c/t/km) 33.09 28.04 Bord
Slide 8: Phase 1: Erdenet to Ovoot railway
Phase 1: Erdenet to Ovoot railway For personal use only • Erdenet – Ovoot Railway: • Up to 30 Mtpa Capacity (multiuser) • 547 km length • 220 km south of the Khuvsgul Lake • >120 km south of the defined Tourism zone in the Khuvsgul Province • US$1,200 million Capex estimate + contingencies • Pre‐Fea
Slide 9: Potential users of the Northern Rail Line
Potential users of the Northern Rail Line For personal use only Projects in northern Mongolia which could access the Erdenet – Ovoot (Phase 1 railway) and additional Phases of the Northern Rail Line: Project Est. Freight (t’s) • Ovoot Coking Coal up to 10 mtpa • Nuurstei tba • Mandal Moly up to 28m
Slide 10: Proximity to China's coke and steel industry and the Sea
Proximity to China’s coke and steel industry and the Sea For personal use only Erdenet – Ovoot Railway = up to 30 Mtpa capacity 30mtpa Trans‐Mongolian Railway = up to 100 mtpa capacity Increased cross‐border 100mtpa cooperation Chinese rail capacity available for Mongolian transit China trade agreem
Slide 11: Seaborne HCC cost curve
Seaborne HCC cost curve For personal use only Russian/Mongolian cost target to China through Erdenet – Ovoot Railway ~US$135/t 90th percentile ~US$100/t 50th percentile Elegest and Ovoot coal delivered Sources: AME Group, “Coking Coal Market Outlook” presentation to Coaltrans Conference Brisbane dat
Slide 12: FDI and GDP growth turning with pipeline of developments
FDI and GDP growth turning with pipeline of developments For personal use only Backlog of FDI Opportunities: Significant infrastructure investment, and transport cooperation between OT (Underground) $4.2 bn China‐Mongolia‐Russia will facilitate the development of these development Sinopec Coal – L
Slide 13: Why invest in Mongolian rail and coal....?
Why invest in Mongolian rail and coal…. ? For personal use only Optimum Timing ‐ Market • Coal price cycle turning • Mongolian sentiment turning Optimum Timing ‐ Politically • Russian refocus to Asia – to benefit Mongolia • China looking to increase trade with Eurasia – to benefit Mongolia • New and
Slide 14: Contact details
Contact details For personal use only Aspire Mining Limited ABN: 46 122 417 243 ASX Code: AKM Web: www.aspiremininglimited.com AUSTRALIA Suite B3, 431‐435 Roberts Road Subiaco, Western Australia, 6008 MONGOLIA Sukhbaatar District, 1st Khoroo, Chinggis Ave‐8 Social Insurance Department Building Altai
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