Boliden Ab · OMXSTO:BOL

Boliden Ab — Merger or Acquisition (July 2014)

11 slides from Boliden Ab's merger presentation, Jul 8, 2014

  1. Slide 1: Acquisition of mine and exploration rights in Finland

    Acquisition of mine and exploration rights g in Finland 8 Julyy 2014 Boliden Group 1 2014-07-08

  2. Slide 2: Acquisition summary

    Acquisition summary  Acquisition mine and exploration areas  Enterprise value: 95 MUSD i eastt Finland in Fi l d ‒ EV/EBIT: 5  Financials 2013:  Seller: Altona Mining, Australia ‒ Sales 72 MUSD  T Transaction ti subject bj t to: t ‒ EBIT 18 MUSD ‒ Approval by the Finnish competition  Cash-flow

  3. Slide 3: Acquisition rationale

    Acquisition rationale  Operating mine in Outokumpu area with ith geology l similar i il tto B Boliden’s lid ’ ‒ Kylylahti mine and Luikonlahti concentrator ‒ S Synergies i iin mining i i and d metallurgy t ll  Brown field potential ‒ Limited exploration after 1980 ‒ Leverage on Boliden’s strong ne

  4. Slide 4: Kylylahti mine

    Kylylahti mine  Operating since January 2012 Quarter 12 months Apr 13- Jul 13- Oct 13- Jan 14- Apr 13- Jun 13 Sep 13 Dec 13 Mar 14 Mar 14  Production capacity 650 ktpa Production Ore mined, ktonnes 130 168 167 159 624  Life of mine until 2021 on mineral Ore milled, ktonnes 135 163 166 166 630 res

  5. Slide 5: Concentrator

    Concentrator  Located in Luikonlahti 43 km from the mine i ‒ Ore transported by road from the mine  Constructed 1968 ‒ Refurbished 2012  Capacity 700 ktpa ‒ Environmental permits 800 ktpa  Concentrates shipped to Boliden Harjavalta 510 km and Boliden Kokkola 400 km byy road Boliden Group 5 2014-

  6. Slide 6: Kylylahti mine – Reserves & Resources

    Kylylahti mine – Reserves & Resources Reserves included in resources Ore reserves Mt Cu % Au g/t Zn % Cobalt % Ni % Proven 0.57 1.43 0.66 0.66 0.25 0.15 Probable 3.98 1.7 0.86 0.61 0.27 0.17 Total 4.55 1.66 0.83 0.62 0.27 0.16 Resources Mt Cu % Au g/t Zn % Cobalt % Ni % incl. reserves Measured 1.2 1

  7. Slide 7: Assets and exploration rights

    Assets and exploration rights Luikonlahti mill Kylylahti mine For illustration purposes. Boliden Group 7 2014-07-08

  8. Slide 8: Assets and exploration rights, cont.

    Assets and exploration rights, cont. For illustration purposes. Boliden Group 8 2014-07-08

  9. Slide 9: Deposits and resources

    Deposits and resources Deposit Category Mt Cu (%) Co (%) Ni (%) Zn(%) Saramäki Inferred 3.4 0.71 0.09 0.05 0.63 Vuonos Inferred 0.76 1.76 0.14 1.33 Riihilahti Indicated 0.14 1.69 0.04 0.16 Valkeisenranta Indicated 1.54 0.29 0.03 0.71 Särkiniemi Indicated 0.1 0.35 0.05 0.7 Vaara Indicated 2.62 0.04 0

  10. Slide 10: Disclaimer

    Disclaimer  This presentation has been prepared by Boliden for information purposes only and as per the indicated date. Part of the information is derived from information p provided by y the seller. Certain statements in this presentation are forward-looking and are subject to risks and uncertaint

  11. Slide 11: Boliden Group Q2 2014

    Boliden Group Q2 2014 2014-07-18

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