Aspire Mining Limited · ASX:AKM

Aspire Mining — Investor Presentation (November 2023)

17 slides from Aspire Mining's investor presentation, November 2023

  1. Slide 1: Premium Mongolian coking coal

    Premium Mongolian coking coal Aspire Mining Limited Corporate Presentation November 2023 ASX: AKM

  2. Slide 2: Disclaimer

    Disclaimer NATURE OF THIS DOCUMENT needs of each investor or shareholder. You may wish to seek independent financial and taxation advice before making any decision in respect of this presentation. Neither Aspire nor any of its related bodies corporate is licensed This presentation has been prepared

  3. Slide 3: Progress and plans

    Progress and plans. Ovoot exploration 2022.

  4. Slide 4: Progress to date developing the Ovoot project

    Progress to date developing the Ovoot project Most major approvals are obtained, most underlying commercial studies completed Infill Drilling for Starter Pit definition and Logistics Study completed by SST LLC Marketing Sample collection completed ROAD GEIA issued by the MNET CHPP FEED Study complet

  5. Slide 5: The pathway to commencing operations at Ovoot

    The pathway to commencing operations at Ovoot Few statutory milestones remain ahead of financing, construction and operation Classification and Value in Use Study Marketing Study JORC Resource & Reserve Update Finalisation of Major Approvals Independent Technical Report Finalise Financing Commence C

  6. Slide 6: The opportunity

    The opportunity. Ovoot exploration 2022.

  7. Slide 7: Company snapshot

    Company snapshot Strong cash position, exciting value upside Capital structure Nuurstei Ovoot Share price @ 23 Nov 2023 A$0.075 Shares on issue @ 23 Nov 2023 508M Performance Rights @ 23 Nov 2023 5M Market capitalization @ 23 Nov 2023 A$38.1M Cash & Investments @ 30 Sep 2023 A$27.6M Debt @ 30 Sep 20

  8. Slide 8: Investment Highlights

    Investment Highlights A rare, high quality, global scale, undeveloped coking coal opportunity • Coking coal is a necessary input for crude steel production for decades to come • Aspire is one of few publicly listed, Mongolia focused, metallurgical coal companies • 100% ownership of a large-scale, hi

  9. Slide 9: Appendix

    Appendix. Fodder growth within the Ovoot mining license.

  10. Slide 10: Board of Directors and Management

    Board of Directors and Management Experience across mining project development, coking coal and the Mongolian industry Michael Achit-Erdene Russell Boldbaatar Sam Jules Avery Darambazar Taylor Bat-Amgalan Bowles Grove Non-Executive Managing Non-Executive Director Non-Executive Director Chief Executi

  11. Slide 11: Importance of Coking Coal

    Importance of Coking Coal A necessary input to produce steel, an essential material to enable the green economy 2022 Global Crude Steel Production (%) Historical Global Crude Steel Production (Mt) Source: World Steel in Figures 2023, World Steel Association Aspire Mining Investor Presentation 11

  12. Slide 12: Proximity to Market

    Proximity to Market China is responsible for more than half of global crude steel production 2022/23 China coking coal imports (Mt) READY MARKET FOR HIGH QUALITY PRODUCT Direct access to >300Mtpa capacity Sources: General Administration of Customs of the People’s Republic of China, and Teck Resource

  13. Slide 13: Value in Use of 'fat' Coking Coal

    Value in Use of ‘fat’ Coking Coal Chinese coke plants use this ‘scarce’ resource carefully Washed product coal to be produced from the OCCP is expected to be classified as: • #36 Metabituminous Coal (‘FM36’), according to GB/T 5751-2009 ‘Classification of Chinese Coals’. • Scarce Coking Coal, accord

  14. Slide 14: Protecting our Environment

    Protecting our Environment Implementing a paradigm shift in comparison with the status quo • We recognize the beauty of the project area, and the concern all Mongolians have for it. • We are committed to responsible mining practices in alignment with UN Sustainable Development Goals. • CHPP is desig

  15. Slide 15: Supporting our Community

    Supporting our Community Promoting sustainable developments to benefit our stakeholders • Strong, proud and resilient people live in the regions surrounding our projects. • The OCCP will create numerous direct and indirect employment opportunities. • The Company supports existing and traditional ind

  16. Slide 16: Compliance Statement

    Compliance Statement JORC Resources and Reserves OVOOT COAL RESOURCES & COAL RESERVES Ovoot Coal Resources The technical information and competent persons statements for the Ovoot Coal Reserves and Resources are reported in the Company’s ASX announcements dated 2 November 2012, 31 July 2013 and 30 J

  17. Slide 17: Contact

    Contact Australia Level 5, 126-130 Phillip Street, Sydney NSW 2000 Mongolia Chingeltei District, 1st Khoroo, Baga Toiruu-17 JJ tower, 9th floor Ulaanbaatar-15170, Mongolia ABN: 46 122 417 243 ASX: AKM www.aspiremininglimited.com info@aspiremininglimited.com Fodder harvest within the Ovoot mining lic

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