Slide 1: Unlocking a World-Class Coking Coal Opportunity
Unlocking a World-Class Coking Coal Opportunity Corporate Presentation October 2024 aspirelimited.com ASX: AKM
Slide 2: Disclaimer
Disclaimer NATURE OF THIS DOCUMENT 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 presentation, you acknowledge and represent to the Compa
Slide 3: Ovoot Coking Coal Project Overview
Ovoot Coking Coal Project Overview A strategically located, premium-quality coking coal project with significant scale and high demand Ovoot Ownership 100% Murun PFS complete, ITR due Status Q4 CY24 Expected product Premium ‘fat’ coking coal Targeted construction CY25 start August 2042 License expir
Slide 4: Ovoot: Meeting Global Demand for Premium Coking Coal
Ovoot: Meeting Global Demand for Premium Coking Coal Ovoot is ideally positioned to meet surging global demand for premium coking coal amidst supply constraints Global Export Metallurgical Coal Demand (Mt)1 Ovoot’s ‘Fat’ Coking Coal Fills The Supply Gap 2.0% global demand Increased global demand f
Slide 5: Why Invest in Aspire Mining?
Why Invest in Aspire Mining? 1. Ovoot is a rare coking coal development opportunity • World-Class 100% Owned Asset: Ovoot is highly unique in both scale and quality. • Sought After ‘Fat’ Coking Coal: A premium product classified within the highest category of coking coals, with favourable pricing an
Slide 6: Ovoot Coking Coal Project: Our Development Plans
Ovoot Coking Coal Project: Our Development Plans
Slide 7: Sustainability and community engagement is at the core of our development approach
Sustainability and community engagement is at the core of our development approach Since 2022 we have consulted with local community members at 21 bagh meetings about our mining, processing and infrastructure development plans. Through collaboration, our plans have evolved to address concerns collec
Slide 8: Ovoot: De-risked and Approved for Construction
Ovoot: De-risked and Approved for Construction Aspire has secured all major regulatory approvals and maintains strong relationships with stakeholders, ensuring smooth project execution • Feasibility Study for the Ovoot mine. Mine • Detailed Environmental Impact Assessment Approvals • These are based
Slide 9: Ovoot: Processing Plan
Ovoot: Processing Plan Reject Loadout ROM Receival Truck CPP Loadout Coal (Module 1) Storage Conceptual design of Ovoot CHPP infrastructure Value-adding in Mongolia whilst addressing community environmental concerns • Processing of coal mined at Ovoot will be undertaken onsite, yielding a lower quan
Slide 10: Ovoot: Road to Development
Ovoot: Road to Development Strategic Infrastructure Development • Construction of a paved road along the state planned Murun – Uliastai alignment will help link western Mongolia with Erdenet, Mongolia’s second-largest city. • Road has been designed for public use, bringing wide-ranging benefits to l
Slide 11: Ovoot: Logistics Plan
Ovoot: Logistics Plan Aspire’s logistics plan has prioritized ESG considerations and includes: • Situating the facility on an area of degraded pasture away from densely populated areas. • Fully enclosed drive-thru truck unload facility that facilitates self- unloading whilst containing all dust. Tr
Slide 12: Aspire's Pathway to Production
Aspire’s Pathway to Production aspirelimited.com 12
Slide 13: Corporate Summary
Corporate Summary
Slide 14: Corporate Snapshot
Corporate Snapshot CAPITAL STRUCTURE1 SHARE PRICE Share price A$0.32 ASX Code AKM Cash & Shares on issue 504.6m Investments US$14.9m (as at 30 Sep 2024) Performance Rights 6.0m Debt (as at 30 Sep 2024) Nil Market Cap US$108.8m Enterprise Value US$93.9m 1. Market data as at 23 Oct 2024. FX assumes 0.
Slide 15: Executive Team With Proven Track Record of Developing Mines
Executive Team With Proven Track Record of Developing Mines Mr Michael Avery Mr Achit-Erdene Mr Sam Bowles Non-Executive Darambazar Chief Executive Chairman Executive Director Officer • 30+ year mining industry veteran • Chairman of MICC LLC, a successful Mongolian • 12+ years of coal project leader
Slide 16: Why Invest in Aspire Mining?
Why Invest in Aspire Mining? A rare opportunity to invest in a premium, de-risked coking coal project with near-term milestones that will drive shareholder value World-Class Ovoot Coking Coal Project • Premium 'Fat' Coking Coal: Ovoot is a world-class, 100%-owned asset producing a top-tier 'fat' cok
Slide 17: aspirelimited.com
For more information please contact us Dannika Warburton Investor Relations ir@asipiremininglimited.com ASX: AKM aspirelimited.com