Saudi Arabian Mining Co. · TADAWUL:1211

Saudi Arabian Mining — Investor Presentation (November 2010)

17 slides from Saudi Arabian Mining's investor presentation, November 2010

  1. Slide 1: The new kid on the block in diversification

    “The new kid on the block in diversification” Dr Abdallah Dabbagh President & CEO

  2. Slide 2: Saudi Arabia – a mining Kingdom

    Saudi Arabia – a mining Kingdom Over 4 millennia of mining in the Arabian Peninsula Mahd Ad Dahab at least 3,000 years old The golden age of the Ummayad and Abbasid caliphates Darb Zubaydah Latin translations 20th Century mining renaissance

  3. Slide 3: A Diversified Economy

    A Diversified Economy Government commitment to change the shape of the Saudi economy and reduce reliance on oil Establish Saudi Geological Survey Reorganise Department of Mining and Mineral Resources, and issue a new Mineral Policy Establish Ma’aden

  4. Slide 4: Ma'aden

    Ma’aden Established in 1997 A joint stock company with a capital of over US$ 1 billion and assets of over US$ 1.3 billion Mission: "To build a world class mineral enterprise“ HQ in Riyadh – offices in Al Khobar & Jeddah Owns 6 gold mines (5 in operation & 1 being developed) producing gold, silver, c

  5. Slide 5: Saudi Arabia – a mining Kingdom

    Saudi Arabia – a mining Kingdom Saudi Arabia has both igneous and sedimentary mineral deposits Arabian Shield is the focus of gold exploration and mining Surrounding sedimentary formations contain minerals and hold Kingdom’s oil and gas fields Sand seas Arabian Shield Cover rocks Coastal plain Lava

  6. Slide 6: The birth of a new industry

    The birth of a new industry The largest industrial expansion in the region since petrochemicals Projects worth almost US$ 15 billion for the development of bauxite, phosphate, magnesite, and industrial minerals In the next 3 years: 5,000 direct jobs 30,000 indirect jobs Strong government support for

  7. Slide 7: New Railroad

    New Railroad US$4.5 billion PIF funded project Major earthworks started Civil and track works contracts awarded 5 mtpy phosphate rock 4 mtpy bauxite

  8. Slide 8: Ma'aden's Gold Foundations

    Ma’aden’s Gold Foundations Currently 5 operational gold mines 1 new mine planned for 2009 Profitable operation at all locations Regenerative exploration program to sustain gold production at 300,000 oz/yr Full compliance with MEPA and international environmental regulations and standards Zero-accide

  9. Slide 9: Phosphate: A Market Leader

    Phosphate: A Market Leader US$ 3.5 billion joint venture with Sabic World’s largest fully integrated phosphate fertiliser production operation Mining and beneficiation at Al Jalamid in northern KSA Processing facilities at Ras Az Zawr Ideally located close to major export markets When operational, o

  10. Slide 10: Aluminium: Mine to Metal

    Aluminium: Mine to Metal US$7 billion joint venture with Rio Tinto Alcan World’s largest vertically integrated operation of its type Lowest quartile cash cost producer Mine: 4 million tonnes per year (mtpy) Refinery: 1.6 mtpy Smelter: 720,000 tpy Power Station: 1,400 MW to project Environmental & co

  11. Slide 11: Project timeline

    Project timeline Mineral line first train Q3 2010/completion Q4 2010 First metal Q1 2011 First alumina Q1 2012 Expansion Added value downstream production

  12. Slide 12: Industrial Minerals

    Industrial Minerals Magnesite High grade resource at Zarghat 2.7 million tonnes proven reserves Operational 2008 Kaolin & Low Grade Bauxite Located in central zone of Az Zabirah lease area 250,000 tpa (est) cement grade bauxite feedstock 50,000 tpa (est) kaolin Operations commence 2008

  13. Slide 13: Infrastructure

    Infrastructure Saudi Arabian (SAR) Railway Ras Az Zawr Minerals Industrial Complex Port 3 berth panamax facitily Common infrastructure Water pipeline

  14. Slide 14: Ras Az Zawr

    me'nnen Galen POWER STATION. dt PHOSPHATE P _ | 2.& 3 ALUMINIUM 4 SMELTER ‘ 7 S 1 A , t —_— | b aa ROAD t CONTRACTOM Peolinonpt — <a § : ; , P BAUXITE RESID} 4 IANAGE MENT ARI LIGHT / SUPPORT INDUSTRIES INFRACO Nee .

  15. Slide 15: Economic Diversification

    Economic Diversification Every KSA 5 year development plan since 1970 has had economic diversification as a strategic objective Mining can make a big impact Export revenues Downstream & added value industries Support/service industries and businesses Development & training of local population Infras

  16. Slide 16: Ma'aden's future & growth aspirations

    Ma’aden’s future & growth aspirations To be the third pillar of Saudi industry Saudization and expansion of sector expertise Development of mining downstream sectors Explore national & international opportunities for Joint ventures Investment Technology Undertake exploration of the nation’s extensiv

  17. Slide 17: Thank you

    se Thank you —

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