Magnum Mining And Exploration Limited · ASX:MGU

Magnum Mining And Exploration — Investor Presentation (July 2021)

21 slides from Magnum Mining And Exploration's investor presentation, Jul 9, 2021

  1. Slide 1: Buena Vista Iron Ore, Nevada USA Presentation 2021

    For personal use only Buena Vista Iron Ore Nevada USA Presentation 2021 ©2021 Magnum Mining and Exploration Limited

  2. Slide 2: Index

    INDEX For personal use only PATH TO MARKETS LOCATION Anglo America Domestic & Asian Markets FROM MINE TO METAL UNIQUE IRON ORE Green HISMELT Technology A High Grade Producer PAGE 2 | BUENA VISTA, NEVADA USA ©2021 Magnum Mining and Exploration Limited

  3. Slide 3: Anglo American Main Agreement

    MAGNUM ASX RELEASE 10 JUNE 2021 For personal use only Anglo American Main Anglo Agreement is a leading global > USD8M Pre Financing > 100% Off Take of DSO up to 800,000MT mining company. > Pre Payment of Ore at Loading Port > No limit on Pre Payment > First Right of Refusal on Financing for 68% Angl

  4. Slide 4: Mine Location

    MINE LOCATION For personal use only PAGE 4 | BUENA VISTA, NEVADA USA ©2021 Magnum Mining and Exploration Limited

  5. Slide 5: Global Policy Support

    GLOBAL POLICY SUPPORT For personal use only GLOBAL POLICY SUPPORT M AG N U M M I N I N G & EXPLO R AT I O N © 2021 Magnum Mining and Exploration Limited PAGE 5 | BUENA VISTA, NEVADA USA ©2021 Magnum Mining and Exploration Limited

  6. Slide 6: Global Steel Scrap & Pig Iron Shortage

    GLOBAL STEEL SCRAP & PIG IRON SHORTAGE For personal use only 3.27% 2.5% US is the world’s largest pig iron importer. 4.69% Annual import valued at USD1.5 Billion (2019). 9.56% 34.7% Source: The Observatory of Economic Complexity 8.26% 8.88% 3.35% 3.41% United States China Turkey Chinese Taipei Italy

  7. Slide 7: Global Steel Scrap & Pig Iron Shortage

    GLOBAL STEEL SCRAP & PIG IRON SHORTAGE For personal use only Global steel mills changing to EAF to reduce emission, increasing demand for steel scraps and pig iron. The shortage will continue for the foreseeable future. PAGE 7 | BUENA VISTA, NEVADA USA ©2021 Magnum Mining and Exploration Limited

  8. Slide 8: Steel Plants of North America

    STEEL PLANTS OF NORTH AMERICA For personal use only Steel Plants of North America Ontario Region 27 11R 10A Toronto Port of Vancouver 11Q 15P Port of Seattle 30 1B Lake Ontario 31 Port of Montreal 4S 4R 29 28 38 11P 4P Hamilton 10D 4Q New York 11M 39 22F 15A 22G 15D 6A Ontario 17B Port of 22H 22E 11

  9. Slide 9: West Coast Steel Mill Import Requirement Jan 2021

    WEST COAST STEEL MILL IMPORT REQUIREMENT JAN 2021 For personal use only 6 Million Tons of Existing Steel Capacity on the West Coast PAGE 9 | BUENA VISTA, NEVADA USA ©2021 Magnum Mining and Exploration Limited

  10. Slide 10: From Mine to Metal with Green HISMELT Technology

    FROM MINE TO METAL WITH GREEN HISMELT TECHNOLOGY For personal use only Rio Tinto started HISMELT researching 1982. After 30 years, the process was proven successful in Kwinana Australia. 2008 Molong purchased the IPs from Rio Tinto. A 850,000MT Pig Iron per year HISMELT plant is in operation since 2

  11. Slide 11: Local Biomass Juniper Trees

    LOCAL BIOMASS JUNIPER TREES For personal use only Biomass Advantages > Juniper Tree is dry with around 18% moisture. > Juniper Tree Biochar is up to 8,400kCal/kg better than most of thermal coal. > Carbon credit for negative Greenhouse gas emission using Biochar > Biochar is also low on Sulphur & im

  12. Slide 12: Green HISMELT Process Flow

    GREEN HISMELT PROCESS FLOW For personal use only Green!"# Green !"# Green HBI Green Green !"# Green !"#PIG $%&' $%&'IRON G R EGERNE H ENISM H IESLM TE LT PAGE 12 | BUENA VISTA, NEVADA USA ©2021 Magnum Mining and Exploration Limited Item Item Startup Date Estimate Cost Startup Date Estima USD Million

  13. Slide 13: Uniquely Located to Supply Domestic & Asian Markets

    UNIQUELY LOCATED TO SUPPLY DOMESTIC & ASIAN MARKETS For personal use only 1. Fully Permitted. Iron Ore Mining / Crushing / Dry Magnetic DSO / BUEN Wet Magnetic 68%. A VIST 2. Serviced by PRO A JECT Union Pacific on Transcontinental Railway. 3. Water Rights Grants for the Life of the Mine. 4. Panamax

  14. Slide 14: Discovery & Exploration History

    DISCOVERY & EXPLORATION HISTORY For personal use only DISCOVERY & EXPLORATION HISTORY Feasibility Study CAPITAL for 2 million ton SPENT annual pellet plant Southern Pacific & to Japan TO DATE Capital Spent Mineral Materials Co to USD date 34M 1951 USD 34M Iron first discovered Magnum U.S. Steel RHM Ne

  15. Slide 15: From Mine to Metal with Green HISMELT Technology

    FROM MINE TO METAL WITH GREEN HISMELT TECHNOLOGY For personal use only Supreme Quality Iron Ore Supply Facing Pacific Market One of the few producers of 68%Fe in the world. Vale / Samarco / IOC / QCM / Empire / LKAB. Only one with direct shipping route to Pacific customers for SPOT pricing. PAGE 15

  16. Slide 16: For personal use only

    !"#$% & ' ()* +, -.-& !"#$% - ' /01 2% 345%567#6% +, 2022 2021 2022 2023 MAGNUM BVNV Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Permitting COMPLETED 2021 2022 2023 PHASE 1 Mining and processing permit updates MAGNUM BVNV Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 DSO Q4 2021 Iron concentrate plant design update P

  17. Slide 17: Magnum BV Development Phases

    MAGNUM BV DEVELOPMENT PHASES For personal use only IRON ORE FINES 65% -2MM 800,000mt IRON ORE DSO CONCENTRATE 62% 20-50MM 67% 100 MESH 250,000mt HBI 1.7mt 800,000mt LEVIN STOCKTON RICHMOND PORT TERMINAL UNION PACIFIC Agreement in place Mid June Refer to ASX announcement 28 June, 2021, 11 June 2021,

  18. Slide 18: Buena Vista Iron Ore Summary

    BUENA VISTA IRON ORE SUMMARY For personal use only BUENA VISTA IRON ORE SUMMARY Buena Vista is an advanced magnetite iron ore project. All major development permits NA VISTA have already been secured. N O RTotal E reported SUM MARY Mineral Resources 232Mt (JORC 2012 compliant) Buena Vista is an adva

  19. Slide 19: A Staged Approach Starting from Iron Ore Export (DSO)

    A STAGED APPROACH STARTING FROM IRON ORE EXPORT For personal use only DIRECT SHIPPING ORE STARTING Q4 2021 PANAMAX DRY RAIL VESSEL > 45% CRUSH 62% Fe MAGNETIC LOADING LOADING IRON ORE -2 mm DSO STOCKTON SEPARATION LOVELOCK PORT & LRT % Fe % SiO₂ % A1₂O₃ % CaO % MgO %P %S % TiO₂ %V % LOI 62 5.5 3.5 0

  20. Slide 20: A Staged Approach Starting from Iron Ore Export (Concentrate)

    A STAGED APPROACH STARTING FROM IRON ORE EXPORT For personal use only IRON ORE CONCENTRATE STARTING Q3 2022 RAIL PANAMAX WET > 25% CRUSH BALL MILL 68 % Fe LOADING LOADING MAGNETIC IRON ORE 2-5 mm -100 um CONCENTRATE COLEDO / OAKLAND SEPARATION PORT LOVELOCK % Fe % SiO₂ % A1₂O₃ % CaO % MgO %P %S % Ti

  21. Slide 21: For more information, contact

    For more information, contact: For personal use only Dano Chan, Managing Director +852 9304 6262 dano@mmel.com.au Registered Office: Level 11, 52 Phillip Street, Sydney NSW 2000 Telephone: +61 8 6280 0245 Fax: +61 8 9381 2855 Email: info@mmel.com.au ASX: MGU ABN 70 003 170 376 Follow us on: Magnum_m

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