Metro Mining Limited · ASX:MMI

Metro Mining — Mines and Money Hong Kong 2015

16 slides from Metro Mining's conference presentation, Mar 24, 2015

  1. Slide 1: Diversified Commodities – Deliberate Focus

    For personal use only Diversified Commodities – Deliberate Focus ASX : MMI | Mines and Money Hong Kong| March 2015

  2. Slide 2: For personal use only

    For personal use only Page 2 | ASX : MMI | Mines and Money Hong Kong| March 2015

  3. Slide 3: Disclaimer

    DISCLAIMER Statements and material contained in this Presentation, particularly those regarding possible or assumed future performance, production levels or rates, commodity prices, resources or potential growth of Metro Mining Limited, industry growth or other trend projections are, or may be, forw

  4. Slide 4: Metro Mining – Who We Are

    Metro Mining – Who We Are (ASX NEW CODE: MMI) For personal use only Metro Mining is an Australian diversified commodities company based in Brisbane, Queensland. The company explores globally for mineral development opportunities believing commodity diversification delivers better shareholder value a

  5. Slide 5: Metro Mining – Our Portfolio

    Metro Mining – Our Portfolio For personal use only Commodities in the Company Portfolio Include Bauxite and Coal  Thermal Coal Resources in the Surat Basin – 4.5 Billion Tonnes2  Bauxite Resources in Cape York – 61.5 Million Tonnes1 (49.9% Al2O3, 12.5% SiO2) Metro Mining’s deliberate focus is Baux

  6. Slide 6: Deliberate Focus – Bauxite

    Deliberate Focus – Bauxite For personal use only Project Bauxite Hills – Imminent Development  Direct Shipping Ore (DSO) product  Total Resource 61.5Mt (indicated and Inferred)  2Mtpa with 21 years* mine life – significant project  Simple construction and operation  Low CAPEX and OPEX  Positiv

  7. Slide 7: Right Economics – Key Results

    RightCommodity Right Economics – KeyIncreases – Demand Results For personal use only Key Results A$ Real (unless stated otherwise) Bauxite Hills Pre-Feasibility NPV (15%) Real after tax A$197M IRR (100% Equity) 88% Mine life 21 years 2016 Construction Capex A$27.4M LOM sustaining CAPEX (Excl. 2016)

  8. Slide 8: Right Economics – Low CAPEX and OPEX

    Right Economics Right Commodity – Low CAPEX and – Demand OPEX Increases For personal use only Capital Expenditure Operational Expenditure Cost (A$M) Cost (A$/t) 2016 Construction Capex Operational Cost AUD Pre-Feasibility Pre-feasibility Mine Access (Haul Road) 2.8 Mining Cost to ROM stockpile 3.03

  9. Slide 9: Right Commodity – Increased Demand

    Right Right Commodity Commodity –– Increased Demand Demand Increases For personal use only Historical Trend  Bauxite demand has outstripped supply due  High CIF Bauxite Price spike in 2009 to Indonesian ban on raw material export. shows the volatility of shipping costs. $70 Average price of Chines

  10. Slide 10: Right Commodity – Future Pricing

    Right Commodity Right Commodity – FutureIncreases – Demand Pricing  MMI well placed to meet China’s need for an alternate For personal use only Future Trend supplier.  Global growth in Aluminium consumption; especially China.  First discussions held with MMI shareholder Xinfa Group regarding inte

  11. Slide 11: Location – Ocean Freight Advantage

    Right Location – Ocean Freight Advantage  Located close to international shipping  Cape York bauxite quality and characterises routes with low freight costs to China. For personal use only well known to Chinese and other international alumina refineries.  Cape York has high quality, export grade

  12. Slide 12: Right Project – Simple DSO Project

    Right Project – 21 year Mine Life  Simple DSO Project  Low CAPEX and OPEX For personal use only  Production Q3 2016  Excellent NPV and Cash Flow 12

  13. Slide 13: Simple Operation

    Simple Operation 1. Mining For personal use only clear vegetation & remove overburden return overburden & replace topsoil - then revegetate strip mine bauxite Overburden (~0.5m) DSO Bauxite Horizon (~1.75m) Ironstone Mottled Zone 2. Transportation Haul ore 5-10km to stockpile & barge loading. Transh

  14. Slide 14: Schedule

    Right Schedule For personal use only Completed Resource Estimate: 47Mt Completed Pre-Feasibility Study | Feb 2015 and increased Resource to 61.5 Mt Lodge Documents Draft EA Approval First Shipment FS Results Fully Funded Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Feasibility Study (FS) Environmental Approvals Financin

  15. Slide 15: Right Investment

    For personal use only RIGHT INVESTMENT  Right Commodity  Global growth in Aluminium  Right Project consumption  Near term Production  Increased demand for Bauxite in  Simple DSO Project China  DSO Quality Bauxite  Long Mine Life  Low CAPEX and OPEX  Right Location  Xinfa and Metro Mining

  16. Slide 16: Corporate & Contact Details

    CORPORATE & CONTACT DETAILS For personal use only ISSUED CAPITAL (31 December 2014) EXECUTIVE MANAGEMENT TEAM shares issued | 288,698,682 Mr Simon Finnis | Chief Executive Officer Unlisted employee and Mr Scott Waddell | CFO & Company Sec Directors’ Options | 2,000,000 Mr Mike O’Brien | Project Dire

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