Metro Mining Limited · ASX:MMI

Metro Mining — RIU Explorers Conference 2015

14 slides from Metro Mining's conference presentation, Feb 24, 2015

  1. Slide 1: Diversified Commodities – Deliberate Focus

    For personal use only Diversified Commodities – Deliberate Focus ASX : MMI | RIU Explorers Conference | Feb 2015 | Fremantle WA

  2. Slide 2: Disclaimer

    DISCLAIMER Statements and material contained in this Presentation, particularly those regarding possible or assumed future performance, production levels or rates, commodity prices, resources or potential growth of Metro Mining Limited, industry growth or other trend projections are, or may be, forw

  3. Slide 3: Metro Mining – Who We Are

    Metro Mining – Who We Are (ASX NEW CODE: MMI) For personal use only Metro Mining Ltd (ASX:MMI) is the entity that emerged from the takeover of Cape Alumina Ltd by MetroCoal Ltd. The takeover, completed in late 2014, created a diversified bulk commodities company and made the new company, Metro Minin

  4. Slide 4: Metro Mining – Our Portfolio

    Metro Mining – Our Portfolio For personal use only Metro Mining is an Australian exploration & mining company based in Brisbane, Qld. The company explores globally for mineral development opportunities, believing commodity diversification delivers better shareholder value. Existing commodities in th

  5. Slide 5: Deliberate Focus – Bauxite

    Deliberate Focus – Bauxite For personal use only Project Bauxite Hills – Imminent Development  Direct Shipping Ore (DSO) product  Total Resource 61.5Mt (indicated and Inferred)  2Mtpa with 21 years* mine life – significant project  Simple construction and operation  Low CAPEX and OPEX  Positiv

  6. Slide 6: Right Economics – Key Results

    RightCommodity Right Economics – KeyIncreases – Demand Results For personal use only Key Results A$ Real (unless stated otherwise) Bauxite Hills Pre-Feasibility NPV (15%) Real after tax A$197M IRR (100% Equity) 88% Mine life 21 years 2016 Construction Capex A$27.4M LOM sustaining CAPEX (Excl. 2016)

  7. Slide 7: Right Economics – Low CAPEX and OPEX

    Right Economics Right Commodity – Low CAPEX and – Demand OPEX Increases For personal use only Capital Expenditure Operational Expenditure Cost (A$M) Cost (A$/t) 2016 Construction Capex Operational Cost AUD Pre-Feasibility Pre-feasibility Mine Access (Haul Road) 2.8 Mining Cost to ROM stockpile 3.03

  8. Slide 8: Right Commodity – Increased Demand

    Right Right Commodity Commodity –– Increased Demand Demand Increases For personal use only Historical Trend  Bauxite demand has outstripped  High CIF Bauxite Price spike in 2009 supply due to Indonesian ban on raw shows the volatility of shipping costs. material export. $70 Average price of Chines

  9. Slide 9: Right Commodity – Future Pricing

    Right Commodity Right Commodity – FutureIncreases – Demand Pricing  China needs an alternate supplier; MMI well placed For personal use only Future Trend to meet demand.  Global growth in Aluminium  First discussions held with MMI shareholder Xinfa Group consumption; especially China. regarding i

  10. Slide 10: Location – Ocean Freight Advantage

    Right Location – Ocean Freight Advantage  Cape York has high-quality, export grade  Cape York bauxite quality and bauxite with high alumina content. characteristics are well known to Chinese For personal use only and other international alumina refineries.  Located close to international shipping

  11. Slide 11: Right Project – Near term Production, Long Mine Life

    Right Project – 21 year Mine Life  Near term Production  Low CAPEX and OPEX For personal use only  Simple DSO Project  Xinfa and Metro Mining investigating  Long Mine Life Offtake opportunities 11

  12. Slide 12: Simple Operation

    Simple Operation For personal use only 1. Mining clear vegetation & remove overburden return overburden & replace topsoil - then revegetate strip mine bauxite Overburden (~0.5m) DSO Bauxite Horizon (~1.75m) Ironstone Mottled Zone 2. Transportation Tranship10km out to sea to bulk haul ore 5-10km to s

  13. Slide 13: Schedule

    Right Schedule For personal use only Completed Resource Estimate: 47Mt Completed Pre-Feasibility Study | Feb 2015 and increased Resource to 61.5 Mt Lodge Documents Draft EA Approval First Shipment FS Results Fully Funded Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Feasibility Study (FS) Environmental Approvals Financin

  14. Slide 14: Right Investment

    For personal use only RIGHT INVESTMENT  Right Commodity  Right Project  Global growth in Aluminium  Near term Production consumption  Simple DSO Project  Increased demand for Bauxite in China  Long Mine Life  DSO Quality Bauxite  Low CAPEX and OPEX  Right Location  Xinfa and Metro Mining

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