Champion Iron Ltd. · ASX:CIA
Champion Iron — Conference Presentation (March 2015)
17 slides from Champion Iron's conference presentation, March 2015
Slide 1: Building the Next Major Iron Ore Mine in the Labrador Trough
BUILDING THE NEXT MAJOR IRON ORE MINE IN THE LABRADOR TROUGH ASX:CIA TSX:CIA | MARCH 2015
Slide 2: Forward Looking Statements
Forward Looking Statements Certain information contained herein regarding Champion Iron Limited and its wholly owned subsidiary, Champion Iron Mines Limited, including management’s assessment of future plans and operations, may constitute forward looking statements under applicable securities law an
Slide 3: Champion Iron (ASX: CIA, TSX: CIA)
Champion Iron (ASX: CIA, TSX: CIA) An iron ore exploration and development company with properties located in the heart of Canada’s premier iron ore mining district, the Labrador Trough Shares on Issue o 196.6 million (Includes the future conversion of 1.8 million exchangeable shares). Total Assets
Slide 4: Achieving major milestones
Achieving major milestones Significant progress towards the delivery of the full Feasibility Study Metallurgical test indicate coarse liberation size of 850µ to produce marketable August 2012 sinter feed concentrate November 2012 Environmental base study states that the project will not impact water
Slide 5: Positioned for Success
Positioned for Success Fire Lake North Project based on Preliminary Feasibility Study, February 2013 o 66% Fe Premier product with low levels of deleterious elements (i.e. alumina and Product phosphorus) aimed at the sinter market o 465Mt of Proven and Probable reserves within greater than 1.2 billi
Slide 6: An Industry and Market-proven Executive Chairman
An Industry and Market-proven Executive Chairman Michael O’Keeffe Michael is the Executive Chairman & CEO of Champion Iron Limited, and Executive Chairman of Riversdale Resources (which recently acquired “Grassy Mountain,” a Canadian coal asset from Consol Energy and Devon). Michael is a metallurgis
Slide 7: Board with Strong Governance and Industry Experience
Board with Strong Governance and Industry Experience Successful track record in developing and funding of large tonnage mining and infrastructure projects Andrew Love, FCA | Non-Executive Director o Deputy Chairman of Riversdale Mining Ltd. o 30 years of experience in finance with banking and corpor
Slide 8: Experienced Management Team
Experienced Management Team Mine Development & Operating Experience Alexander Horvath, P.Eng. | Chief Operating Officer o Over 32 years of experience in mineral exploration and mining, including senior operational roles at Asarco Inc. and its associated international subsidiaries in Canada, Portugal
Slide 9: The Executive Chairman’s Six Months Statement
The Executive Chairman’s Six Months Statement Reduced Costs Culture Product Market Analysis Brought monthly cash Transitioned from Completed initial testing Identified strong demand burn down to almost exploration to and development work for high Fe and low silica 50 percent development stage produc
Slide 10: The Labrador Trough
The Labrador Trough o Canada is the 5th largest exporter (2013) o Labrador Trough accounts for Canada’s nearly total iron ore production estimated at ~50Mt (2013) o The Labrador Trough is known for its high grade and low impurities (i.e. aluminum, phosphorus and silica) iron ore product Champion’s Q
Slide 11: Regional Infrastructure Supports Global Exports
Regional Infrastructure Supports Global Exports Champion is located near existing railways, including QNS&L common carrier railway with available capacity Port of Sept-Îles’ 50Mtpa expansion is almost complete at Railway to the Port Pointe-Noire wharf to construct an open access multiuser deep- wate
Slide 12: A premium product - ideal as a blending product for steel mills
A premium product - ideal as a blending product for steel mills Large tonnage, high-quality hematite iron ore deposits. • Metallurgical coarse grained hematite mineralization that is easy to liberate at 850µ • 66% Fe premium product with low levels of alumina, phosphorous and sulphur • 82% Fe recove
Slide 13: Multiple Ports and Ship Facilities
Multiple Ports and Ship Facilities Pointe-Noire: Multiuser wharf • Phase 1: Capacity of 50Mtpa o Near completion, Q4 2014 o Federal government funding 25% of the project • Phase 2: Easily expandable to 100Mpta Pointe-Noire: Cliffs • Two berths with combined 13Mtpa capacity • Larger ships require tra
Slide 14: Multiuser Labrador Trough Railway
Multiuser Labrador Trough Railway Québec Liberal Party wins the 2014 provincial election with a majority government (four-year term) Election policy supports $33b towards infrastructure development Government of strategy with key point to Québec announces Government of promote agreement of co- contr
Slide 15: Strong and Increasing Value Proposition
Strong and Increasing Value Proposition CHAMPION: PREMIUM PRODUCT WITH LOW IMPURITIES INCREASES VALUE-IN-USE o The price for premium product is expected to increase o Consumers are finding ways to increase the load of high-grade concentrate to The World: Declining ore body reduce hot quality results
Slide 16: Iron Ore Price History
Iron Ore Price History Price Trend Relative to 62% Fe CFR China o Price gap between 58% Fe and 62% Fe 1.2 is significant. 1.15 1.1 o This price 1.05 differential is 1 forecast to widen, 0.95 as is the gap between 62% Fe 0.9 and 66% Fe 0.85 0.8 o The demand for 0.75 rich iron burden (high Fe content
Slide 17: For more information, please contact us
For more information, please contact us at: info@championiron.com 514.316.4858 or 1.844.587.4766 (IRON) championiron.com ASX:CIA | TSX:CIA