Aspire Mining Limited · ASX:AKM
Aspire Mining — Shareholder Meeting (May 2024)
17 slides from Aspire Mining's shareholder meeting presentation, May 2024
Slide 1: On a pathway to production: developing the world class Ovoot Coking Coal Project
On a pathway to production: developing the world class Ovoot Coking Coal Project in Mongolia Corporate Presentation | May 2024 ASX: AKM
Slide 2: Disclaimer
Disclaimer NATURE OF THIS DOCUMENT This presentation has been prepared by Aspire Mining Limited (Aspire or the Company). The information is based on publicly available information, internally developed data and other sources. By receiving this presentation, you acknowledge and represent to the Compa
Slide 3: Investment Highlights
Investment Highlights Aspire Mining is on a pathway to production and represents a unique coking coal investment opportunity, strategically located proximal to end markets Ovoot is a rare coking Rapidly advancing to Multiple near-term coal development construction with all major catalysts to drive o
Slide 4: Corporate Overview
Corporate Overview Focused on developing premium coking coal deposits in Mongolia in an environmentally sensitive manner, to maximise shareholder returns and stakeholder value over the long term Capital Structure 6mth Annotated Share Price Performance1 Unit Total A$ Shares‘000 0.25 2,500 Share price
Slide 5: Projects Overview
Projects Overview Premium coking coal deposits in Mongolia; principally focused on progressing the world class Ovoot Project to production in an environmentally sensitive and socially responsible manner 1 Ovoot • The Government of Mongolia has supported the construction of new and improved Ownership
Slide 6: Ovoot: Rapidly Advancing to Development
Ovoot: Rapidly Advancing to Development The Ovoot Coking Coal Project is a strategically located world class coking coal development opportunity with all major permits in place Mine • Aspire holds all major permits required to advance construction and operation of the Ovoot Coal Mine (“Ovoot”): Appr
Slide 7: Ovoot Product Specification
Ovoot Product Specification Ovoot is expected to produce a premium product within the highest category of fat coking coals1 Fenwei Market Study2 Chinese Coal Classification (GB/T 5751-2009) Value in use of the Ovoot ‘fat’ coking coal Classification Parameters • Ovoot’s FM36 Metabituminous coal is hi
Slide 8: Demand for Ovoot Product
Demand for Ovoot Product High-quality met coal is expected to have increasingly favourable supply-demand dynamics Proximity to Market Regional demand for Ovoot Coking Coal Ovoot is well-positioned to provide high-quality fat coking coal via road and rail connection to significant blast furnace cap
Slide 9: Comparative Product Pricing
Comparative Product Pricing Comparative coking coals trading at similar pricing to hard coking coals 2-Year Comparative Coal Prices (CNY/t) (inc. VAT)1 4,000 3,500 Tianjin Mongolia Coking Coal (ex-Stock) Kailuan Washed Fat (FOR) Tianjin Australian Primary Coking (ex-Stock) 3,000 2,500 2,000 1,500 1,
Slide 10: Mine Approvals and Next Steps
Mine Approvals and Next Steps All major permits have been obtained to progress development of the Ovoot coal mine Mine Approvals Next Steps A Update JORC Resource and Reserve Estimates Mining License MV-017098 was issued by the Minerals Resources and • SRK Consulting is currently working to finali
Slide 11: Coal Handling and Preparation Plant Approvals and Next Steps
Coal Handling and Preparation Plant Approvals and Next Steps All major permits have been obtained to progress development of the Ovoot CHPP CHPP Approvals Next Steps A Contractor Procurement The DEIA prepared in relation to the construction and operation of the CHPP has been approved, which is a m
Slide 12: Road Approvals and Next Steps
Road Approvals and Next Steps All major permits have been obtained to progress development of road supporting the OCCP Road Approvals Next Steps A Contractor Procurement Feasibility Study and Detailed Design for road that will support product haulage from Ovoot has been approved by Ministry of Roa
Slide 13: Community and Environment
Community and Environment Operating in a socially responsible manner that benefits our host communities Community Initiatives In March 2024, Aspire sponsored and assisted the Mongolian National Mining Association (MNMA) to take a small group of local community and government representatives from M
Slide 14: Board of Directors and Key Management Personnel
Board of Directors and Key Management Personnel Deep Mongolian corporate experience with local representation and strong technical credentials Michael Achit-Erdene Russell Boldbaatar Sam Avery Darambazar Taylor Bat-Amgalan Bowles Non-Executive Managing Non-Executive Non-Executive Chief Executive Cha
Slide 15: Aspire Mining Investment Summary
Aspire Mining Investment Summary On a pathway to production: a strategically located, unique coking coal investment opportunity Ovoot is a rare coking Rapidly advancing to Multiple near-term coal development construction with all major catalysts to drive opportunity permits in place shareholder valu
Slide 16: Appendix: Compliance Statement
Appendix: Compliance Statement JORC Resources and Reserves Ovoot Probable (Mt) Marketable (Mt) Resource Classification Open Pit (Mt) Underground (Mt) Total (Mt) Reserve Classification Total (Mt) (Mar = 2.0%) (Mar = 9.5%) Measured 197.0 0.0 197.0 Open Pit 247 247 182 Indicated 46.9 25.4 72.3 Undergro
Slide 17: Contact
Contact Dannika Warburton Investor Relations E: ir@aspiremininglimited.com ASX: AKM Level 5, 126-130 Phillip Street, Sydney NSW 2000 Chingeltei District, 1st Khoroo, Baga Toiruu-17 JJ tower, 9th floor Ulaanbaatar-15170, Mongolia www.aspiremininglimited.com