Magnetite Mines Ltd. · ASX:MGT
Magnetite Mines — Shareholder Meeting (November 2018)
14 slides from Magnetite Mines's shareholder meeting presentation, Nov 30, 2018
Slide 1: Annual General Meeting - Review of Operations
MAGNETITE MINES LIMITED Making Steel Stronger 30 November 2018 ANNUAL GENERAL MEETING Review of Operations
Slide 2: Disclaimer
DISCLAIMER For personal use only Important Notice The purpose of this presentation is to provide general information about Magnetite Mines Limited ("MGT"). It is not recommended that any person makes any investment decision in relation to MGT based on this presentation. This presentation contains ce
Slide 3: The Big Block in the Braemar
The Big Block For personal use only In the Braemar • 2,616 km2 of tenements • Over 110Km of potential strike • 3.9 Bt @ 19.7% Fe JORC 2012* * The resource has been estimated in accordance with the JORC (2012) Code (see ASX announcement 12/11/18 and 20/11/18)
Slide 4: Beneficiation: High Grade/Low Impurity Concentrate
Beneficiation For personal use only = High Grade/Low impurity concentrate for life of mine Razorback Ridge – Due East Optimised Indicative Concentrate Grades Mass Recovery % Fe% FeO% SiO2% Al2O3% P% S% Na2O 16.8 68.9 29.9 3.3 0.4 0.01 nil 0.05 Results based on recent concentrate production test work
Slide 5: Quality Matters
For personal use only China's campaign to clean its skies by clamping down on polluting steel mills has fuelled a need for high-grade iron ore to boost productivity and limit emissions, opening the door wider for suppliers of better quality ore to the world's biggest buyer Quality Matters
Slide 6: Grade Matters
For personal use only Demand for high-grade products continues to be very strong and this shift toward higher quality ores is structural and should support product premium in the future. Grade Matters
Slide 7: The Flow Sheet Matters
For personal use only • Conventional Flow Sheet • Crushing to 38um > 3 Stage LIMS > Hydro separation • Studies ongoing to determine amenability of early stage dry magnetic separation The Flow Sheet Matters
Slide 8: Security of supply matters
For personal use only Security of supply matters • Aspirational steel production outside of China • Iran 55 Mtpa (2025) • Vietnam 130 Mtpa (2023) • India 150 Mtpa (2023)
Slide 9: Global Steel Production
For personal use only Global Steel Production
Slide 10: Unprecedented Global Urbanisation
Every minute For personal use only Infrastructure of the day 30 is all Indian people underpinned move off the with steel land into a city Unprecendented Global Urbanisation 4 billion people are moving to the middle class
Slide 11: Water, Power and Infrastructure
For personal use only WATER POWER INFRASTRUCTURE Secure water towards mining, Secure power options to the Razorback Reassess and develop infrastructure processing and construction Project solutions for a 5-10 Mtpa production ACTION: ACTION: ACTION: Engaged Water Technology to review Discussions with
Slide 12: 2019 The Year to Come
For personal use only 2019 THE YEAR TO COME • Assessing all value add options surrounding Razorback Project • Focus on developing strategic partnerships • Synergies • Collaboration • Strengthen Board Razorback Ridge – Looking west
Slide 13: Sanjeev Gupta says…
Sanjeev Gupta says…. For personal use only • "Mr Gupta also foreshadowed an announcement on expanding production at Whyalla of iron ore beyond 100 million tonnes a year and adding large-scale steel production based on existing resources, infrastructure and energy supply. • "That is a longer journey
Slide 14: Port Hedland Then and Now
For personal use only Port Hedland Then and Now Shipping more than half a billion tonnes of iron ore per year
Magnetite Mines — Shareholder Meeting (November 2018) on 6ix