Aspire Mining Limited · ASX:AKM
Aspire Mining — Discover Mongolia Conference 2015
22 slides from Aspire Mining's conference presentation, Sep 3, 2015
Slide 1: Mongolia's New Economic Rail Corridor Between Russia and China
For personal use only Mongolia’s New Economic Rail Corridor Between Russia and China Presentation to Discover Mongolia Conference David Paull, Managing Director, Aspire Mining Limited 3 September 2015 1
Slide 2: Mongolia's New Economic (Rail) Corridor
Mongolia’s New Economic (Rail) Corridor For personal use only National Rail Policy – Updated October 2014 Rail Route Status TMR between Ulan Ude (Russia) – Jining (PRC) Phase 1: Capacity upgrade from Completion est 2016 20mtpa to 34mtpa Phase 2: Dual electrified track, Feasibility Study underway
Slide 3: The Silk Rail Road
The Silk Rail Road For personal use only 1. Khabarovsk (Russia Far East) – Potsdam (Germany) 2. Hangzhou (China) – Kaluga (Russia)** 6. Ussuriysk (Russia Far East) – Kiev (Ukraine)** UN Joint Study Analysed a 7. Shanghai (China) – Warsaw (Poland) number of cases 1 In all 9 cases rail freight mov
Slide 4: New Economic Corridor to Facilitate Trade
New Economic Corridor to Facilitate Trade For personal use only China’s Silk Rail Road Project Three (3) overland rail routes that recreate the ancient Euro‐Asian trade corridors: # China – Kazakhstan – Europe # China – Russia – Europe (via Manzhouli crossing) China – Mongolia – Russia – Eur
Slide 5: Funding Support Sources For Infrastructure Developments
Funding Support Sources For Infrastructure Developments For personal use only Asian Regional Infrastructure Fund Support US$40b Silk Road Fund – Mandated to invest in domestic railways, roads & pipelines linking China with Central Asia, Middle East, South Asia, Southeast Asia and Europe # # US$1
Slide 6: Mongolia Part of Regional Economic and Trade Initiatives
Mongolia Part of Regional Economic and Trade Initiatives For personal use only Strategies to facilitate integrated, regional trade across 60 countries discussed in July 2015 Regional Organisations ‐ Back‐to‐back summits held in Ufa, Russia during 8‐10 July Global Rest of the World SCO & EAEU countri
Slide 7: SCO & EAEU Member Countries and Major Existing Rail Routes
SCO & EAEU Member Countries and Major Existing Rail Routes For personal use only The SCO and EAEU covers 42% of world population and an average economic growth rate 2.5 times larger than the world average! SCO, EAEU Contribution to Growth 2014 Growth 2014 7.0% 6.4% 6.0% 5.0% 4.0% Rest of the World 5
Slide 8: Creating a Multiuser Strategic Connection with Russia
Creating a Multiuser Strategic Connection with Russia For personal use only Staged development approach Stage 1: Erdenet – Ovoot Stage 2: Ovoot – Arts Suuri Stage 3: Arts Suuri – Kyzyl Part of Mongolia’s National Rail Policy and trilateral Economic “Silk Road” Corridor between Russia‐Mongolia‐Chin
Slide 9: History of the Erdenet to Ovoot Railway
History of the Erdenet to Ovoot Railway For personal use only Work to be completed prior to construction commencing Current Field survey to complete additional Concession Agreement measurements and geotechnical sampling, secured required for first (eastern) half of the Jan 2015 BFS Contract signed
Slide 10: Concession Agreement and Rail Development Supported by Consortium
Concession Agreement and Rail Development Supported by Consortium For personal use only Consortium Companies Supporting Northern Railways About China Railway 20 Bureau Group Corp (CR20G) Wholly owned subsidiary of the China Railways Construction Group (a Fortune 500 Company) One of the World’s l
Slide 11: Alignment Profiles - Good Terrain to Build Railway
Alignment Profiles ‐ Good Terrain to Build Railway For personal use only There are no engineering impediments to building a high volume bulk commodity and general freight rail link Erdenet – Ovoot Railway Ovoot Erdenet ~US$10.5 m invested to date Capex US$1.2 billion below rail (plus contingenci
Slide 12: Alignment Profiles - Ovoot-Arts Suuri Railway
Alignment Profiles ‐ Good Terrain to Build Railway (cont.) For personal use only There are no engineering impediments to building a high volume bulk commodity and general freight rail link Ovoot – Arts Suuri Railway Ovoot Arts Suuri Arts Suuri Indicative results from Scoping Study (Sept 2015) Se
Slide 13: Alignment Profiles - Arts Suuri-Kyzyl Railway
Alignment Profiles ‐ Good Terrain to Build Railway (cont.) For personal use only There are no engineering impediments to building a high volume bulk commodity and general freight rail link Arts Suuri – Kyzyl Railway Arts Suuri Kyzyl Kyzyl Indicative results from Scoping Study (Sept 2015) Several
Slide 14: Mongolian-Russian Railway Users
Mongolian‐Russian Railway Users For personal use only Indicative Freight Profile Mongolian Users Freight Estimate1 40.0 Ovoot Coking Coal Project 10 mtpa Nuurstei Coking Coal Project tba 35.0 Asgat Silver Deposit General freight Mandal Moly Project 28m lb pa 30.0 Bayan Airag Gold Mine General freigh
Slide 15: Railway Development Unlocks Deposits & Encourages Mineral Exploration
Railway Development Unlocks Deposits & Encourages Mineral Exploration For personal use only Flow On Effects of Railway Mongolia is a country vastly rich in natural mineral resources yet only make up ~16% of GDP (2014 data) Current operating mines and developments are largely concentrated along t
Slide 16: Rail Infrastructure to Improve Economic Indicators and Stability
Rail Infrastructure to Improve Economic Indicators and Stability For personal use only There are significant economic, social and environmental incentives to invest in lasting rail infrastructure: Mongolia Khuvsgul Bulgan Zavkhan Arkhangai Rail network will increase Mongolia’s export competitivene
Slide 17: Case Study: Impact of Rail Infrastructure on a Local Economy
Cash Study: Impact of Rail Infrastructure on a Local Economy For personal use only 12,000 Comparison of Northern Orkhon Province is a good example of a local economy that has access National Provinces GDP per capita to rail: Zavkhan Supports a sustainable, thriving manufacturing industry producing
Slide 18: Summary
Summary For personal use only Erdenet to Ovoot Railway key part of the “Steppe Railway” and China’s Silk Road initiative to connect with Eurasia Unlocks Mongolia’s north and west with access to international rail networks and customers Encourages the exploration and development of Mongolia’s r
Slide 19: 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
Slide 20: Appendix A: Source materials
Appendix A For personal use only Slide 2 Source materials State Policy on Railway Transportation Presentation dated 2011, by Ministry of Road, Transportation, Construction and Urban Development Business Council of Mongolia Newswire Issue 306‐307 “Erdenes TT set for greater export” dated 10 Janua
Slide 21: Important information
Important information For personal use only •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 22: Important information (cont.)
Important information (cont.) For personal use only Competent Persons Statement: Ovoot Coking Coal Project In accordance with the Australian Securities Exchange requirements, the technical information contained in this announcement in relation to the JORC code (2012) Compliant Coal Reserves and JORC