For personal use only

Size: px
Start display at page:

Download "For personal use only"

Transcription

1 OM HOLDINGS LIMITED (ARBN ) No. of Pages Lodged: 9 8 November 2011 Company Announcements Office ASX Limited 4 th Floor 20 Bridge Street SYDNEY NSW 2000 Dear Sir/Madam OM SARAWAK FERRO ALLOY SMELTING PROJECT- DEFINITIVE FEASIBILITY STUDY The Board of OM Holdings Limited ( OMH or the Company ) is pleased to announce the completion and approval of the Definitive Feasibility Study ( DFS ) for the development of the Company s Ferro Alloy Smelting Project in Sarawak, Malaysia ( Project ). HIGHLIGHTS Completion of the Definitive Feasibility Study on the development of the OM Sarawak Ferro Alloy Smelting Project confirms a strategically, operationally and financially robust Project The OMH Board has approved the Project s final development Key operating and financial modelling of the Project (on a 100% basis) within the DFS includes: Annual production capacity Project CAPEX Average annual turnover (at full production capacity) Average annual operating cash flow (after tax) Project 10% (after tax) Project Internal Rate of Return (IRR) (after tax, ungeared) Payback period (excluding the construction period) 600,000tpa of Ferro Alloys consisting of 310,000tpa of Ferro Silicon alloys and 290,000tpa of Manganese ferro alloys USD 502 million USD 924 million USD 158 million USD 667 million 30% 3 years Funding of the Project is anticipated to be structured via a 70% project financing facility and 30% equity funding to be provided by the Project s shareholders (in the proportion of 80% by OMH and 20% by Cahya Mata Sarawak Berhad). Project financing discussions with regional and international banks are well advanced. Proposed funding of OMH s equity share of the Project s capital cost of approximately USD120 million is expected to include (1) the application of surplus funds from a five-year term facility of USD125 million currently being negotiated by OMH (after refinancing existing OMH term loans) (2) the divestment of non-core ASX listed investments and (3) the assessment, if required, of a top-up equity capital raising to strategic investors supporting the Company s and the Project s underlying fundamentals. #08 08, Parkway Parade 80 Marine Parade Road, Singapore Tel: Fax: address: om@ommaterials.com Website: ASX Code: OMH 1

2 Commercial production of the Project is expected to be executed on a phased ramp-up basis. Production is expected to commence no later than the 1st quarter of 2014 with full commercial capacity scheduled to be reached no later than the 2nd quarter of Legal, commercial and technical negotiations relating to a Power Purchase Agreement ( PPA ) with Syarikat Sesco Berhad (SESCO) for the supply of 500MW of power for 20 years are in their final stages and all related agreements are expected to be executed by the end of the 4 th quarter of Project Rationale OMH is an integrated manganese producer with a proven track record of exploration, mining, ferro alloy smelting, sintering, marketing and trading. At the present time, China accounts for approximately 70% of global ferro silicon and approximately 50% of global manganese alloy production. China s ferro alloy production capacity is currently undergoing fundamental changes driven by the limited availability and increasing cost of power, increasingly stringent environmental regulations, rising labour costs as well as government imposed financial disincentives on energy intensive exports, including ferro alloys, which are currently subject to export duties ranging from 20% to 25%. Ferro silicon is an alloy consumed in the steelmaking production process, similar to manganese alloys. It is used as a source of silicon to deoxidise molten steel. Ferro silicon alloy is used extensively in the production of automotive and electrical steel grades. The intensity of ferro silicon usage depends on the grade of the particular steel products but it traditionally ranges between 3kg - 6kg per tonne of liquid steel. The dynamic transformation of the global and Chinese export ferro alloy industry driven by the cost and availability of energy, the development and commissioning of the Bakun Hydroelectric Dam and Malaysia s Sarawak Corridor of Renewable Energy ( SCORE ) initiative represents a unique opportunity for OM Sarawak to establish one of the world s lowest cost and strategically located greenfield ferro alloy plants with unparalleled competitive advantages. The Project s unique competitive advantages include, but are not limited to, access to 500MW of competitively priced long term hydroelectric power supply, coastal industrial land with direct access to a dedicated future port facility, geographical proximity to both raw materials and Asian steel mills, tax incentives, no import and/or export duties as well as comprehensive purpose built industrial infrastructure. Project Background OM Materials (Sarawak) Sdn Bhd ( OM Sarawak ) was incorporated in Malaysia on 21 September OM Sarawak has been seeking to construct a ferro alloy smelter in Sarawak, Malaysia with an annual production capacity of 600,000 tonnes of ferro alloys. The Project is located on approximately 500 acres with a 60 year leasehold in the Samalaju Industrial Park of Sarawak, Malaysia. The Project is part of the SCORE initiative of Sarawak, Malaysia. 2

3 The Project is located approximately 95km north-west of the recently commissioned Bakun Hydroelectric Dam. Strategic Project Partner OM Sarawak has executed a Shareholders Agreement and Subscription Agreement with Samalaju Industries Sdn Bhd ( SISB ), a wholly-owned subsidiary of Cahya Mata Sarawak Berhad ( CMSB ) for a 20% direct equity participation in the Project. SISB will be fully funding its equity contribution in the Project s development. CMSB is a company listed on the Malaysian stock exchange with a current market capitalisation of over A$200m, with interests in cement and construction materials, construction and road maintenance, steel pipe manufacturing and various aspects of the development of the Samalaju industrial area. DFS Consultants / EPC Contractor OM Sarawak has engaged the services of PricewaterhouseCoopers (Malaysia) for financial modelling, CRU Strategies, a division of CRU International Ltd, for long term Ferro Silicon market assessment (Market, cost and price outlook to 2025 study), Chemsain Konsultant Sdn Bhd (Malaysia) for environmental impact and protection analysis, and OM Hujin Science and Trade (Shanghai) Co Ltd as in-house consultants for the technology, construction, production and raw material assessment components of the DFS. OM Sarawak has completed the review process for appointing an Engineering, Procurement and Construction ( EPC ) contractor, and has shortlisted Sinosteel Jilin Electro-Mechanical Equipment Co., Ltd, a subsidiary of Sinosteel Corporation ( Sinosteel ). Sinosteel Corporation, a Fortune 500 corporation, is engaged, through its subsidiaries, in the development and processing of metallurgical mineral resources, trading and logistics of metallurgical raw materials and products, provision of related engineering technical services, and the manufacture of equipment. Sinosteel Jilin Electro-Mechanical Equipment Co., Ltd is one of China's largest manufacturers of submerged electric-arc furnaces, furnace automation and control systems, furnace transformers and equipment for graphitization of carbon electrodes, and has designed and built more than 200 submerged electric-arc furnaces. OM Sarawak is in the process of negotiating and formalising the terms and conditions of the EPC contract. 3

4 Project Operating Parameters Key operating and financial modeling parameters of the Project are as follows: Description Number Units Expected life of smelter 20 Years Number of furnaces 24 sets of 25.5MVA submerged fully and semi enclosed ferro alloy furnaces Products 1 set of 5MVA ferro alloy refining furnace Ferro Silicon alloys Manganese ferro alloys 310, ,000 tonnes per annum tonnes per annum Manpower (at full production capacity) 3,000 Personnel Expected Project timeline Finalization of PPA Q Finalization of DEIA and Project financing Q1 Q Expected Construction commencement (subject to completing the Project financing and DEIA approval) Construction period Expected first production (commissioning and phased production rampup commencement) Full commercial operation (at full capacity production) Q ~ 30 months Q Q Project Operating Equipment The Project s key operating capital equipment is anticipated to consist of: 24 sets of 25.5MVA submerged fully and semi enclosed arc furnaces and 1 set of 5MVA refining furnace with associated transformers, raw material feeding, casing/product handling and process control infrastructure, 1x36m 2 sinter strand with a capacity of 300,000tpa of manganese sinter ore, 1 lime kiln with a capacity of 40,000 tonnes per annum, 2 rotary kilns (for raw material moisture management), furnace de-dusting systems, a comprehensive waste heat recovery system, compressed air plant, an approximately 4km long purpose built conveyor system connecting the smelter with the future Samalaju Port with a dedicated loading/discharging facility, and associated other buildings and infrastructure including water treatment plant, warehouses, workshops, laboratory and office buildings. 4

5 Product Margins Annualised product production tonnages and forecast gross margins, assuming full production capacity, are detailed below. Product Annualised Production Tonnage Forecast Gross Margin Ferro Silicon 310,000 tonnes 27% Manganese Alloys 290,000 tonnes 15% Project Capital Cost Breakdown The total forecast pre-production capital cost estimate for the Project based on supplier quotations covering approximately 80% of total expected capital costs obtained through competitive tenders and quotes by OM Sarawak are as follows: Capital USD 000 Land acquisition and all associated earthworks 37,000 Buildings and Infrastructure 172,500 Plant and Equipment 220,400 Engineering, Consultancy, Insurance, Others (including EPCM) 36,600 Contingency 35,500 Total 502,000 Financial Analysis A summary of the expected financial metrics of the Project are as follows: Description Average annual turnover (at full production capacity) Project IRR (after tax, ungeared) Average annual operating cash flow (after tax) Project (after tax) Payback period (excluding the construction period) Construction period USD 924 million 30% USD 158 million USD 667 million 3 years ~ 30 months 5

6 The following key assumptions have been used in the Project s financial modelling: Description Unit Comment Corporate tax 25% Tax free for first 5 years Cost of financing 6% % 70% project financing assumed Depreciation plant and equipment 20 years From commencement of operation Depreciation land 60 years Leasehold land, depreciation commending in 2015 Weighted Average Cost of Capital (WACC) 10% MYR/USD 3.10 SGD/USD 2.24 RMB/USD 6.38 Project Material Volumes Incoming raw materials Manganese Ore : 640,000 tonnes per annum Silica Quartzite : 570,000 tonnes per annum Reductant : 480,000 tonnes per annum Outgoing finished products Manganese Alloy : 290,000 tonnes per annum Ferro Silicon Alloy : 310,000 tonnes per annum Samalaju Port Development The Company understands that the design and engineering of the future Samalaju Port is currently being finalised and the detailed port design and blueprint documents are expected to be made available in In the interim, barging berths with a 7.0 metre deep channel is expected to be completed by the end of 2012, which will enable direct barging of equipment and bulk raw material products into the Samalaju Port. Capacity at the existing Bintulu Port is also expected to be available as an interim port for such purposes. Raw Material Sourcing Manganese Ore - OM Sarawak will be sourcing its high grade manganese ore requirements predominantly from the Company s 100% owned 1mtpa capacity Bootu Creek Manganese Mine in Australia, supplemented from the Tshipi Manganese Mine in South Africa in which the Company holds a 13% effective interest, and which is expected to reach its projected production target of 2.4mtpa by OM Sarawak is expected to further complement its manganese ore sourcing requirements from third party seaborne, regional and domestic sources if and when appropriate. Quartzite - OM Sarawak expects to source its quartzite requirements from China s abundant supply through direct imports. OM Sarawak is in detailed discussions with various Chinese suppliers of quartzite in order to finalize long-term supply agreements. OM Sarawak will continue to investigate viable production and/or sourcing options of local and regional quartzite on an on-going basis. 6

7 Reductants - OM Sarawak expects to source its reductant requirements from China through direct imports and is in detailed discussions with several Chinese suppliers of suitable quality reductants to finalize long term supply agreements. OM Sarawak will continue to investigate the availability of local and regional sources of reductants as well as the potential future inhouse production of reductants. Marketing, Sales and Off-take The Project s target markets for its Ferro Silicon and Manganese Alloy products are Japan, Korea, South East Asia, the Middle East, Europe and North America. The strategic operating objective for the Project is to secure 60% of the Project s production by way of off-take agreements with major steel mills by mid 2012 and aligned to completing the Project Financing. OM Sarawak is in advanced stage discussions with a number of major steel mills, marketing/sales agents and distributors regarding specific product off-take agreements covering both product specific and/or geographical sales targets and objectives. OM Sarawak has signed a Memorandum of Understanding with JFE Shoji Trade Corporation of Japan, a member of the JFE Group which includes JFE Steel Corporation, for potential direct equity investment in OM Sarawak s Ferro Silicon production capacity together with an off-take agreement for up to 100,000 tonnes per annum of Ferro Silicon product produced by OM Sarawak. The parties are currently in the final stages of finalizing a term sheet following which JFE s due diligence process will commence. Licenses and Approvals On 20 September 2011 the Ministry of International Trade and Industry of Malaysia issued a manufacturing licence to OM Sarawak for the production of sintered manganese ore and ferro silicon, silicon manganese, high carbon ferro manganese and refined ferro manganese alloys. Environmental management in Malaysia is regulated by the Department of Environment (DOE), a department of the Federal Ministry of Natural Resources and Environment and on a State Government level by the Natural Resources and Environment Board of Sarawak. OM Sarawak has commenced the Detailed Environmental Impact Assessment ( DEIA ) process by submitting the Terms of Reference for the DEIA to the DOE. Malaysia s largest environmental consultancy firm, Chemsain Konsultant Sdn Bhd, has been engaged to deliver the Project s DEIA study. The DEIA is expected to be completed by Q Bakun Hydroelectric Dam Project and Power Purchase Agreement At the Bakun Hydroelectric Dam the testing and commissioning of the 2 turbines installed during the middle of 2011 has been completed. Currently the 2 operating turbines are generating 410MW of power. The remaining turbines are scheduled to be put in operation in line with the requirements of the Sarawak State grid system, specifically focused on meeting the demands of the industries engaged in the Sarawak Corridor of Renewable Energy (SCORE) initiatives. The total installed capacity of the Bakun Hydroelectric Dam is expected to be 2,400MW once all turbines are operational. In March 2011 OM Sarawak entered into a Memorandum of Understanding and signed a Term Sheet with SESCO (formerly known as the Sarawak Electricity Supply Corporation) for the supply of 500MW of power capacity on competitive terms and conditions via a 20 year Power Purchase Agreement ( PPA ). The legal, commercial and technical negotiations of the final PPA contract are now in their final stages and the PPA is anticipated to be executed by the end of Q

8 Project Funding The total capital cost of the Project is estimated to be USD502m, which is anticipated to be funded by way of 70% project financing and 30% equity. The Company is seeking to secure non-recourse project financing of up to 70% of the Project s capital costs and is currently in discussions with several interested regional and international banks and is also in process of appointing a financial advisor to assist in achieving financial close of the Project prior to commencement of construction. Proposed funding of OMH s equity share of the Project s total capital cost is expected to be approximately USD120 million and is anticipated to be funded by: the availability of funds from a five-year term facility of USD125 million which is currently being negotiated and includes the refinancing of the Company s existing term loans, providing additional available funds towards OMH s equity commitment to the Project; Divestment of non-core ASX listed investments, including the imminent finalization of a formal mandate for the execution and coordination of the divestment process; and If required and/or appropriate, the assessment of an equity capital raising exercise to strategic investors, who support the Company s underlying fundamentals and specifically the Project s opportunity for significant value accretion in the medium to longer term. Project Risks The Project carries certain risks associated with its on-time and on-budget execution. These key risks at the current point of time include, but are not limited, to two major categories, namely: The timely approval of the Project s Detailed Environmental Impact Assessment by the relevant authorities, potentially impacting on the scheduled commencement of the Project s construction, and The timely completion of the Samalaju Port facility allowing the importation and discharge of bulk production raw materials for the testing, commissioning and operation of the Project. The PPA agreement to be signed between OM Sarawak and SSB requires OM Sarawak to achieve the Project s financial close (including the finalization of all Project financing arrangements and the DEIA) by the end of 2012, and also affords OM Sarawak with appropriate force majeure protection in the event of delays associated with the Samalaju Port s construction and commissioning. Yours faithfully OM HOLDINGS LIMITED Heng Siow Kwee/Julie Wolseley Company Secretary 8

9 BACKGROUND PROFILE OF OM HOLDINGS LIMITED OMH listed on the ASX in March 1998 and has its foundations in metals trading incorporating the sourcing and distribution of manganese ore products and subsequently in processing ores into ferro-manganese intermediate products. The OMH Group now operates commercial mining operations leading to a fully integrated operation covering Australia, China and Singapore. Through its wholly owned subsidiary, OM (Manganese) Ltd, OMH controls 100% of the Bootu Creek Manganese Mine ( Bootu Creek ) located 110 km north of Tennant Creek in the Northern Territory. Bootu Creek has the capacity to produce 1,000,000 tonnes of manganese product annually. Bootu Creek has further exploration potential given that its tenement holdings extend over 2,800km 2. Bootu Creek s manganese product is exclusively marketed by the OMH Group s own trading division with a proportion of the product consumed by the OMH Group s wholly-owned Qinzhou smelter located in south west China. Through its Singapore based commodity trading activities, OMH has established itself as a significant manganese supplier to the Chinese market. Product from Bootu Creek has strengthened OMH s position in this market. OMH is a constituent of the S&P/ASX 200 a leading securities index. OMH holds a 26% investment in Ntsimbintle Mining (Proprietary) Ltd, which holds a 50.1% interest in the world class Tshipi Borwa manganese project in South Africa. OMH also holds the following strategic shareholding interests in ASX listed entities: 16% shareholding in Northern Iron Limited (ASX Code: NFE), a company presently producing iron ore from its Sydvaranger iron ore mine located in northern Norway; 8% shareholding in Shaw River Resources Limited (ASX Code: SRR), a company presently exploring for manganese in Namibia, Western Australia and Ghana; and 15% shareholding in Scandinavian Resources Limited (ASX Code: SCR), a company presently exploring for iron ore, manganese, gold and copper in Sweden and Norway. 9

5 th Asian Bauxite & Alumina Conference

5 th Asian Bauxite & Alumina Conference 5 th Asian Bauxite & Alumina Conference October 2015 Bauxite Hills Project Deliberate Focus ASX : MMI CORPORATE SNAPSHOT Shareholders 0.140 0.120 MMI Share Price (A$) Other 47% NetWealth Investments 5%

More information

For personal use only

For personal use only INVESTOR UPDATE May 2016 Disclaimer Statements & material contained in this presentation, particularly those regarding possible or assumed future performance, production levels or rates, metal prices,

More information

Confidence in Carrapateena project grows

Confidence in Carrapateena project grows 7 NOVEMBER 2016 Confidence in Carrapateena project grows Carrapateena Pre-Feasibility Study released - project competitive with, or better than comparable long-life copper assets globally Project metrics

More information

STARVED ACID LEACH TECHNOLOGY (SALT) CONCEPTUAL STUDY. InCoR Holdings Plc MINING AND METALLURGY. April 2014 REPORT Rev. 00 > Internal ref.

STARVED ACID LEACH TECHNOLOGY (SALT) CONCEPTUAL STUDY. InCoR Holdings Plc MINING AND METALLURGY. April 2014 REPORT Rev. 00 > Internal ref. STARVED ACID LEACH TECHNOLOGY (SALT) CONCEPTUAL STUDY InCoR Holdings Plc MINING AND METALLURGY April 2014 REPORT Rev. 00 > Internal ref. 140226 Document Number: 140226-0000-49ER-0001 Date: 28/04/2014 Revision:

More information

TTICUS RESOURCES LIMITED ABN

TTICUS RESOURCES LIMITED ABN TTICUS RESOURCES LIMITED ABN 34 124 782 038 ASX Release 27 October 2011 ATTICUS PROPOSES TO ACQUIRE ZAMBIAN MANGANESE COMPANY Atticus Resources Limited (ASX: ACZ; Company ) is pleased to announce that

More information

North River Resources plc / Ticker: NRRP / Index: AIM / Sector: Mining 30 June 2014 North River Resources plc ( North River or the Company )

North River Resources plc / Ticker: NRRP / Index: AIM / Sector: Mining 30 June 2014 North River Resources plc ( North River or the Company ) North River Resources plc / Ticker: NRRP / Index: AIM / Sector: Mining 30 June 2014 North River Resources plc ( North River or the Company ) Namib Project - Mine Development Plan North River is pleased

More information

Mohit Pawnday Head Commercial

Mohit Pawnday Head Commercial www.seml.co.in Mohit Pawnday Head Commercial Synergy in Energy M I N I N G P O W E R F E R R O-A L L O Y S S T E E L 2016 Asian Pacific Ferro-Alloys & Steel International Conference Venue:- Hanoi Sofitel

More information

For personal use only

For personal use only 1 SCOPING STUDY CONFIRMS PROFITABLE POTENTIAL OF HASTINGS HEAVY RARE EARTH PROJECT The Manager Company Announcements Office Australian Securities Exchange 4th Floor, 20 Bridge Street SYDNEY NSW 2000 Hastings

More information

For personal use only

For personal use only ASX Announcement 31 January 2018 QUARTERLY ACTIVITIES REPORT FOR PERIOD ENDED 31 DECEMBER 2017 Highlights: Kupang Smelting Hub Facility civil works program underway with pouring of concrete foundations

More information

Opportunities and challenges in manganese industry

Opportunities and challenges in manganese industry Opportunities and challenges in manganese industry - Metal Bulletin 14 th Asian Ferro-alloys Conference ALLOYS, ORES & PEOPLE. DISCLAIMER Disclaimer: This presentation expresses views based on available

More information

HIGHVELD STEEL PROSPECTUS IRON MAKING PLANT 1

HIGHVELD STEEL PROSPECTUS IRON MAKING PLANT 1 HIGHVELD STEEL PROSPECTUS IRON MAKING PLANT 1 January 2018 IRON MAKING PLANT 1 EXECUTIVE SUMMARY Highveld Steel and Vanadium was founded in 1960 with the objective of building a unique plant with the ability

More information

HORIZONTE AWARDS CONTRACTS FOR THE FEASIBILITY STUDY FOR THE ARAGUAIA NICKEL PROJECT

HORIZONTE AWARDS CONTRACTS FOR THE FEASIBILITY STUDY FOR THE ARAGUAIA NICKEL PROJECT NEWS RELEASE 6 March 2017 HORIZONTE AWARDS CONTRACTS FOR THE FEASIBILITY STUDY FOR THE ARAGUAIA NICKEL PROJECT 6 March 2017 Horizonte Minerals Plc, (AIM: HZM, TSX: HZM) ( Horizonte or the Company ) the

More information

EXCO S PROJECT PIPELINE

EXCO S PROJECT PIPELINE EXCO S PROJECT PIPELINE INVESTOR UPDATE EXCO RESOURCES N.L. MAY 2010 Presented by Michael Anderson Managing Director DISCLAIMER This presentation contains forward looking statements that are subject to

More information

GULF MANGANESE CORPORATION (GMC.ASX)

GULF MANGANESE CORPORATION (GMC.ASX) EQUITY RESEARCH November 11, 2017 GULF MANGANESE CORPORATION (GMC.ASX) GAME ON OPENING THE GATEWAY FOR PREMIUM MANGANESE KUPANG SMELTING HUB CONSTRUCTION COMMENCES SPECULATIVE BUY - PRICE TARGET $0.028

More information

GULF MANGANESE CORPORATION (GMC.ASX)

GULF MANGANESE CORPORATION (GMC.ASX) EQUITY RESEARCH August 2, 2017 GULF MANGANESE CORPORATION (GMC.ASX) GAME ON OPENING THE GATEWAY FOR PREMIUM MANGANESE KUPANG SMELTING HUB CONSTRUCTION COMMENCES SPECULATIVE BUY - PRICE TARGET $0.028 GULF,

More information

RESOURCE GOLD PTY. LTD.

RESOURCE GOLD PTY. LTD. Copyright RESOURCE GOLD PTY. LTD. Gold Recovery From Processing Of - Mill Site Materials - Alluvial Gold Deposits - Hard Rock Resources NOVEMBER, 2009 REVISION 3 1 Disclaimer! This presentation contains

More information

ASX: ATC FSE:A3Y. 121 Mining Investment - London Company Presentation. Iggy Tan Managing Director. Altech Chemicals Limited

ASX: ATC FSE:A3Y. 121 Mining Investment - London Company Presentation. Iggy Tan Managing Director. Altech Chemicals Limited Altech Chemicals Limited ASX: ATC FSE:A3Y 121 Mining Investment - London Company Presentation Iggy Tan Managing Director World leading producer of high purity alumina (HPA) Our Vision 4,500 tonnes pa Sapphire

More information

For personal use only

For personal use only ABN 28 009 174 761 www.regisresources.com Level 1 1 Alvan Street Subiaco WA 6008 Australia P 08 9442 2200 F 08 9442 2290 20 February 2013 Manager Announcements Company Announcements Office Australian Securities

More information

New Generation of Manganese Producers. Dmitriy Nadtochiy, General Manager Commerce Asia Minerals Limited

New Generation of Manganese Producers. Dmitriy Nadtochiy, General Manager Commerce Asia Minerals Limited New Generation of Manganese Producers Dmitriy Nadtochiy, General Manager Commerce Asia Minerals Limited 11 November 2013 Target: To review manganese market evolution since 2000, changes of market environment.

More information

TERRAMIN AUSTRALIA LIMITED. Annual General Meeting

TERRAMIN AUSTRALIA LIMITED. Annual General Meeting TERRAMIN AUSTRALIA LIMITED Annual General Meeting 27 May 2016 Disclaimer & Competent Person Statement Disclaimer This presentation has been prepared by Terramin Australia Limited (Terramin). It is current

More information

SECTION 14.0 CAPITAL COST ESTIMATES

SECTION 14.0 CAPITAL COST ESTIMATES SECTION 14.0 CAPITAL COST ESTIMATES 1 14.0 Capital Cost Estimates CONTENTS 14.0 CAPITAL COST ESTIMATES...4 14.1 Introduction...4 14.2 Overall Summary...4 14.3 Mining Capital Cost Estimate...5 14.3.1 Pre-Production

More information

IRON ORE What is the Future for Magnetite Projects in Australia and Why Have Some of the New Projects Been so Problematic?

IRON ORE What is the Future for Magnetite Projects in Australia and Why Have Some of the New Projects Been so Problematic? IRON ORE 2015 What is the Future for Magnetite Projects in Australia and Why Have Some of the New Projects Been so Problematic? A division of Midas Engineering Group > M i n e r a l P r o c e s s i n g

More information

For personal use only

For personal use only ASX ANNOUNCEMENT 13 February 2013 AGREEMENT TO ACQUIRE MINERAL EXPLORATION TENEMENTS IN MOROCCO PROSPECTIVE FOR MANGANESE PLACEMENT TO RAISE $800,000 HIGHLIGHTS - Acquisition of 80% interest in 6 mining

More information

Developing Indonesia s First Premium Manganese Facility

Developing Indonesia s First Premium Manganese Facility Developing Indonesia s First Premium Manganese Facility Investor Presentation Hamish Bohannan Managing Director October 2017 Gulf Manganese Corporation Limited I 1 Investor Information This presentation

More information

PRODUCER SERVICE PROVIDER INDUSTRY SUPPLIER PROJECT INCUBATOR REDUCTANT SPECIALIST COMMODITY SUPPLY SPECIALIST SOUTHERN AFRICAN AGRI VALUE CHAIN

PRODUCER SERVICE PROVIDER INDUSTRY SUPPLIER PROJECT INCUBATOR REDUCTANT SPECIALIST COMMODITY SUPPLY SPECIALIST SOUTHERN AFRICAN AGRI VALUE CHAIN PRODUCER SERVICE PROVIDER INDUSTRY SUPPLIER PROJECT INCUBATOR REDUCTANT SPECIALIST COMMODITY SUPPLY SPECIALIST SOUTHERN AFRICAN AGRI VALUE CHAIN 5 TH FLOOR, 138 WEST STREET, SANDTON, 2146 Copyright 2017

More information

Zamanco Minerals Limited. Serenje Ferromanganese Project, Zambia Update October

Zamanco Minerals Limited. Serenje Ferromanganese Project, Zambia Update October Zamanco Minerals Limited Serenje Ferromanganese Project, Zambia Update October 2013 Disclaimer Not an Offer for Securities This document has been created by Zamanco Minerals Limited (the Company) solely

More information

Frieda Copper Gold Project Pre feasibility Study Completed

Frieda Copper Gold Project Pre feasibility Study Completed 12 November 2010 Frieda Copper Gold Project Pre feasibility Study Completed Xstrata funded and managed PFS showcases that Frieda is among Asia Pacific s premier copper projects Study highlights low cash

More information

DEVELOPING A WORLD-CLASS VANADIUM-TITANIUM-IRON PROJECT MOUNT PEAKE, NORTHERN TERRITORY. INFORMATION MEMOR ANDUM

DEVELOPING A WORLD-CLASS VANADIUM-TITANIUM-IRON PROJECT MOUNT PEAKE, NORTHERN TERRITORY.  INFORMATION MEMOR ANDUM DEVELOPING A WORLD-CLASS VANADIUM-TITANIUM-IRON PROJECT MOUNT PEAKE, NORTHERN TERRITORY www.tngltd.com.au INFORMATION MEMOR ANDUM 2 MOUNT PEAKE: A WORLD-CLASS VANADIUM-TITANIUM-IRON DEPOSIT The Mount Peake

More information

Ferrous Metals. China is currently the largest steel producing country globally and consequently the world s largest consumer of iron ore

Ferrous Metals. China is currently the largest steel producing country globally and consequently the world s largest consumer of iron ore 63 Ferrous Metals China is currently the largest steel producing country globally and consequently the world s largest consumer of iron ore 64 Ferrous Metals Financial highlights Five year underlying earnings

More information

Raw Material & Supplementary Material Report

Raw Material & Supplementary Material Report China Aluminum Raw Material & Supplementary Material Report 2012-2013 What s different? A Comprehensive Report with Concise Conclusion +69 Key Graphs & Charts in Data Pack with Chinese Analysts Exclusive

More information

ERAMET GROUP 2001 Activity and results. Presentation to Investors March 2002

ERAMET GROUP 2001 Activity and results. Presentation to Investors March 2002 ERAMET GROUP 2001 Activity and results Presentation to Investors March 2002 1 2001 highlights THE GROUP World economic slowdown: marked impact on the nickel and manganese markets Very brisk business in

More information

THE REFRACTORIES INDUSTRY WORLDWIDE

THE REFRACTORIES INDUSTRY WORLDWIDE THE REFRACTORIES INDUSTRY WORLDWIDE 2012-2017 (published March 2013) TABLE OF CONTENTS PAGE 1 EXECUTIVE SUMMARY... 1 1.1 Raw materials supply and demand... 1 1.2 Refractories supply... 2 1.3 Demand drivers

More information

RAW MATERIALS AND IRONMAKING. Raw materials improvement in the steel industry

RAW MATERIALS AND IRONMAKING. Raw materials improvement in the steel industry Raw materials improvement in the steel industry The World Steel Association has recently completed a major technical study: Raw Materials Improvement in the Steel Industry. This article gives a summary

More information

Highlights. » EBT in the first half-year 11/12 amounts to 346 million ( 358 million in the previous year)

Highlights. » EBT in the first half-year 11/12 amounts to 346 million ( 358 million in the previous year) Aurubis AG generates earnings before taxes of 346 million ( 358 million in the previous year) in the first half of fiscal year 2011/12 Operating earnings before taxes of 173 million are significantly above

More information

Windimurra Vanadium Plant Project Update. Investor Presentation August 2011

Windimurra Vanadium Plant Project Update. Investor Presentation August 2011 Windimurra Vanadium Plant Project Update Investor Presentation August 2011 Disclaimer The material in this presentation ( material ) is not and does not constitute an offer, invitation or recommendation

More information

MARKETING UPDATE 31 OCTOBER 2016

MARKETING UPDATE 31 OCTOBER 2016 MARKETING UPDATE 31 OCTOBER 2016 IMPORTANT NOTICES THIS PRESENTATION SHOULD BE READ IN CONJUNCTION WITH THE FINANCIAL RESULTS AND OUTLOOK YEAR ENDED 30 JUNE 2016 ANNOUNCEMENT RELEASED ON 25 AUGUST 2016,

More information

Australian Tailings Group Pty Ltd Synergy (SNR) Investor Presentation

Australian Tailings Group Pty Ltd Synergy (SNR) Investor Presentation Australian Tailings Group Pty Ltd Synergy (SNR) Investor Presentation Disclaimer Forward-Looking Statements This presentation contains forward looking statements concerning the projects owned by Australian

More information

BLACK ROCK MINING DELIVERS PROJECT MILESTONE WITH PROOF OF CONCEPT RAIL HAULAGE OF SECOND BULK SAMPLE

BLACK ROCK MINING DELIVERS PROJECT MILESTONE WITH PROOF OF CONCEPT RAIL HAULAGE OF SECOND BULK SAMPLE BLACK ROCK MINING DELIVERS PROJECT MILESTONE WITH PROOF OF CONCEPT RAIL HAULAGE OF SECOND BULK SAMPLE HIGHLIGHTS Second bulk sample of 530 tonnes has been rail hauled from Ifakara to Port of Dar es Salaam

More information

EXCO S PROJECT PIPELINE. Unlocking the Value

EXCO S PROJECT PIPELINE. Unlocking the Value EXCO S PROJECT PIPELINE Unlocking the Value EXCO RESOURCES N.L. 20 AUGUST 2010 Wholesale Investors Forum Presented by Michael Anderson Managing Director DISCLAIMER This presentation contains forward looking

More information

Low-cost, rich, DRC copper

Low-cost, rich, DRC copper Low-cost, rich, DRC copper May 20, 2014 Brad Marwood, Managing Director Disclaimer Forward-Looking Statements This presentation contains forward-looking information, which is based on assumptions and judgments

More information

For personal use only

For personal use only ACN 097 088 689 01 DEFINITIVE FEASIBILITY STUDY SUPPORTS A MAJOR EXPANSION OF THE SYAMA GOLD MINE Definitive Feasibility Study completed for multifaceted expansion of Syama operation confirms its technical

More information

WPG TO ENTER THE IRON ORE INDUSTRY

WPG TO ENTER THE IRON ORE INDUSTRY Western Plains Gold Ltd ABN 51 109 426 502 PO Box N239, Grosvenor Place NSW 1220, Australia Level 11, Kyle House, 27-31 Macquarie Place, Sydney, NSW Australia Telephone (+612) 9251 1044 Facsimile (+612)

More information

For personal use only

For personal use only ASX Release 22 December 2016 BLACK ROCK MINING TO EXPAND PFS TO 120,000 TPA IN TWO STAGES WITH INITIAL 60,000 TPA PRODUCTION Highlights PFS being upgraded to incorporate high grade Cascades Mineral Resource

More information

(Incorporated in Singapore) (Company Registration No R) CORPORATE AND BUSINESS UPDATE

(Incorporated in Singapore) (Company Registration No R) CORPORATE AND BUSINESS UPDATE (Incorporated in Singapore) (Company Registration No. 198001299R) CORPORATE AND BUSINESS UPDATE The Board of Directors (the Board ) of Koda Limited ( Koda or the Group ) wishes to provide a corporate and

More information

Sconi and Flemington: Two near-production cobalt-nickel-scandium deposits. ASX: AUZ October 2017

Sconi and Flemington: Two near-production cobalt-nickel-scandium deposits. ASX: AUZ October 2017 Sconi and Flemington: Two near-production cobalt-nickel-scandium deposits ASX: AUZ October 2017 www.australianmines.com.au Important notes on these slides This document is a visual aid accompanying a presentation

More information

Graphite India Limited

Graphite India Limited Earnings Release Earnings Release Earnings Release Earnings Release Earnings Release Graphite India Limited (NSE: GRAPHITE, BSE: 509488) Unaudited Standalone First Quarter Results for FY2013 August 03,

More information

For personal use only

For personal use only 28 February 2013 Another Major Milestone for IOH Iron Valley Transaction with Mineral Resources Limited Highlights Mine Gate Sale Agreement executed with Mineral Resources Limited (MIN) MIN to develop

More information

Forward Looking Statement

Forward Looking Statement Olympias Forward Looking Statement Certain of the statements made in this Presentation may contain forward-looking statements or information within the meaning of the United States Private Securities Litigation

More information

Raw materials improvement in the steel industry

Raw materials improvement in the steel industry Raw materials improvement in the steel industry The World Steel Association has recently completed a major technical study: Raw Materials Improvement in the Steel Industry. This article gives a summary

More information

For personal use only

For personal use only Disclaimer This summary was prepared with due care and attention and is current at the date of the presentation. The proposed programs are generic and may differ from project to project. Actual programs

More information

Ban Houayxai Project Approved operation to produce over 100,000 ounces of gold and 700,000 ounces of silver per annum

Ban Houayxai Project Approved operation to produce over 100,000 ounces of gold and 700,000 ounces of silver per annum ASX ANNOUNCEMENT 29 March 2010 Ban Houayxai Project Approved operation to produce over 100,000 ounces of gold and 700,000 ounces of silver per annum PanAust is pleased to announce that the Board of Directors

More information

For personal use only

For personal use only Binding Joint Venture Agreement for Cobalt Mining and Tailings Processing Operations Highlights Agreement to form 50/50 JV to develop cobalt and copper projects in the DRC including near production asset

More information

For personal use only

For personal use only 19 October 2015 PARINGA CONTRACTS FUTURE COAL SALES TOTALING US$220 MILLION WITH A MAJOR UTILITY HIGHLIGHTS: Paringa has executed its cornerstone coal sales agreement with LG&E and KU, two of the largest

More information

metallurgical coal Anglo American plc Fact Book 2011/12 37 Metallurgical Coal

metallurgical coal Anglo American plc Fact Book 2011/12 37 Metallurgical Coal metallurgical coal is the second biggest n metallurgical coal producer and the No. 3 global exporter of metallurgical coal. Anglo American is an active partner in diverse clean coal energy initiatives.

More information

Developing an African iron ore project

Developing an African iron ore project 5 June 2012 Developing an African iron ore project Africa Iron Ore Conference Presentation by Ernst Venter Executive General Manager, Business Growth Exxaro Resources Limited Disclaimer 2 2 Opinions expressed

More information

Manganese ore: Where is the recovery?

Manganese ore: Where is the recovery? Manganese ore: Where is the recovery? Kevin Fowkes Ferroalloy Industry Consultant 29 th March, 2012 What is manganese? Manganese is the world s fourth most heavily consumed metal Global mine output of

More information

DEVELOPING FERTILISER PROJECTS TO MEET THE GROWING DEMAND IN BRAZIL AND THE WORLD

DEVELOPING FERTILISER PROJECTS TO MEET THE GROWING DEMAND IN BRAZIL AND THE WORLD EST MINE HARVEST MINERALS Developing Fertiliser Projects DEVELOPING FERTILISER PROJECTS TO MEET THE GROWING DEMAND IN BRAZIL AND THE WORLD Corporate advisor: Investor Presentation July 2015 ASX: HMI www.harvestminerals.net

More information

APPOINTMENT OF JOINT COMPANY SECRETARY

APPOINTMENT OF JOINT COMPANY SECRETARY APPOINTMENT OF JOINT COMPANY SECRETARY 1 November 2 The Directors of Grange Resources Limited ( Grange ) are pleased to announce the appointment of Ms Anastasia (Stacey) Apostolou as Joint Company Secretary

More information

Provisional results for the year ended 30 June Thursday, 31 August 2006

Provisional results for the year ended 30 June Thursday, 31 August 2006 Provisional results for the year ended 30 June 2006 Thursday, 31 August 2006 2 Disclaimer Forward looking statements Certain statements in this presentation constitute forward looking statements within

More information

HILLGROVE ACQUIRES OPTIONS ON INDONESIAN BAUXITE PROJECTS

HILLGROVE ACQUIRES OPTIONS ON INDONESIAN BAUXITE PROJECTS Tuesday, 22 June 2010 Highlights HILLGROVE ACQUIRES OPTIONS ON INDONESIAN BAUXITE PROJECTS Options secured over 70% of companies controlling 1,400km² of granted bauxite exploration licenses in West Kalimantan

More information

ASX Release ASX Code: YTC

ASX Release ASX Code: YTC HERA DEFINITIVE FEASIBILITY STUDY TO BE EXPANDED Hera DFS scope to be expanded to include the assessment of mining and treatment of high grade copper ores from the Nymagee Copper Mine together with additional

More information

MINERAL RESOURCES LIMITED

MINERAL RESOURCES LIMITED MINERAL RESOURCES LIMITED QUARTERLY EXPLORATION AND MINING ACTIVITIES REPORT OCTOBER TO DECEMBER Q2 FY2017 MINERAL RESOURCES LIMITED QUARTERLY EXPLORATION AND MINING ACTIVITIES REPORT OCTOBER TO DECEMBER,

More information

Pelletising tests confirm Hawsons Supergrade a standout material for iron making

Pelletising tests confirm Hawsons Supergrade a standout material for iron making We find it. We prove it. We make it possible. ABN : 63 095 117 981 ASX : CAP 16 February 2016 Level 6, 345 Ann Street Brisbane Qld 4000 PO Box 10919, Adelaide St Brisbane Qld 4000 e-mail: info@capex.net.au

More information

Deutsche Bank BRICS Metals & Mining Conference Presentation London, November 2006

Deutsche Bank BRICS Metals & Mining Conference Presentation London, November 2006 Deutsche Bank BRICS Metals & Mining Conference Presentation London, 13 14 November 2006 2 Disclaimer Forward looking statements Certain statements in this presentation constitute forward looking statements

More information

Lynas AGM 2016 CEO s Address

Lynas AGM 2016 CEO s Address Lynas AGM 2016 CEO s Address Introduction I am very pleased to welcome all shareholders and visitors to today s Annual General Meeting of Lynas Corporation. Today is an important opportunity to explain

More information

Atlantic Ltd (ASX: ATI; Atlantic or the Company) is pleased to present its report for the quarter ended 30 June 2011.

Atlantic Ltd (ASX: ATI; Atlantic or the Company) is pleased to present its report for the quarter ended 30 June 2011. 1 2 QUARTERLY REPORT Atlantic Ltd (ASX: ATI; Atlantic or the Company) is pleased to present its report for the quarter ended 30 June 2011. HIGHLIGHTS Windimurra vanadium project remains on track for first

More information

For personal use only

For personal use only ASX Release 13 January 2017 Agrimin Limited ABN 15 122 162 396 ASX Code: AMN Level 9, 190 St Georges Terrace Perth, Western Australia 6000 T: +61 8 6141 6304 E: admin@agrimin.com.au W: www.agrimin.com.au

More information

Mitsui s Participation in Coal, Railway & Port Business in Mozambique

Mitsui s Participation in Coal, Railway & Port Business in Mozambique Mitsui s Participation in Coal, Railway & Port Business in Mozambique Dec 2014 December 9, 2014 Mitsui & Co., Ltd. Main Points of the Project 1. Promotion of an integrated business model of mineral resources

More information

PRESS RELEASE CANADIAN ZINC REPORTS ON ANNUAL GENERAL MEETING OF SHAREHOLDERS. Company Provides Corporate Update

PRESS RELEASE CANADIAN ZINC REPORTS ON ANNUAL GENERAL MEETING OF SHAREHOLDERS. Company Provides Corporate Update PRESS RELEASE CZN-TSX CZICF-OTCQB FOR IMMEDIATE RELEASE June 27, 2017 CANADIAN ZINC REPORTS ON ANNUAL GENERAL MEETING OF SHAREHOLDERS Company Provides Corporate Update Vancouver, British Columbia, June

More information

For personal use only. Minerals Explorer in South Korea

For personal use only. Minerals Explorer in South Korea Minerals Explorer in South Korea Forward-looking and Competent Person Statement Certain statements contained in this presentation constitute forward looking statements. Such forward-looking statements

More information

Press release Paris, 29 October 2008 ERAMET

Press release Paris, 29 October 2008 ERAMET Press release Paris, 29 October 2008 ERAMET Turnover up 18% in the 3rd quarter 2008 compared with the 3 rd quarter 2007, excluding Tinfos Outlook of significant growth in current operating income confirmed

More information

SUPPLY CHAIN, LOGISTICS & PROCUREMENT. Supply Chain, Logistics & Procurement

SUPPLY CHAIN, LOGISTICS & PROCUREMENT. Supply Chain, Logistics & Procurement SUPPLY CHAIN, LOGISTICS & PROCUREMENT nem is one of Australasia s largest boutique business consultancy firms, which is able to draw on the significant skills and experience of over 45 partners across

More information

GHANA PROJECT PIPELINE PRESENTATION

GHANA PROJECT PIPELINE PRESENTATION GHANA PROJECT PIPELINE PRESENTATION 6th Annual Global Infrastructure Leadership Forum, Alexander Hamilton U.S. Custom House, New York City, February 27 March, 2013 PART A: GHANA FACT FILE Country Overview

More information

Marine Phosphate Project Namibia

Marine Phosphate Project Namibia Marine Phosphate Project Namibia Windhoek Mining Expo - April 2016 1 Introduction: General Phosphate uses in brief Phosphate: Crucial element in food security required by the growing world population:

More information

AuRico Gold Provides Monthly Update on Young-Davidson Ore Processing Underway

AuRico Gold Provides Monthly Update on Young-Davidson Ore Processing Underway AuRico Gold Provides Monthly Update on Young-Davidson Ore Processing Underway Toronto: April 5, 2012: AuRico Gold Inc. (TSX:AUQ) (NYSE:AUQ), ( AuRico, AuRico Gold or the Company ) is pleased to provide

More information

ZincOx Resources plc. Corporate Overview

ZincOx Resources plc. Corporate Overview ZincOx Resources plc Corporate Overview May 2012 Where there s Muck there s Brass Disclaimer This document is for informational purposes only and must not be used or relied upon for the purposes of making

More information

ASX / MEDIA ANNOUNCEMENT 5 March 2018

ASX / MEDIA ANNOUNCEMENT 5 March 2018 ASX / MEDIA ANNOUNCEMENT ASX: NCZ 5 March 2018 NEW CENTURY EXECUTES A$40M EPC CONTRACT WITH SEDGMAN FOR RESTART OF MINE & PORT AND SELECTS AUSENCO AS PREFERRED BIDDER FOR A$1.7M PIPELINE REFURBISHMENT

More information

The operating profit, excluding revaluation of process inventory, increased to SEK 1,744 m (1,318) due to improvements in metal prices.

The operating profit, excluding revaluation of process inventory, increased to SEK 1,744 m (1,318) due to improvements in metal prices. The operating profit, excluding revaluation of process inventory, increased to SEK 1,744 m (1,318) due to improvements in metal prices. Production disturbances and extensive maintenance had a negative

More information

What is manganese? Manganese is the world s fourth most heavily consumed metal (after iron, aluminium and copper)

What is manganese? Manganese is the world s fourth most heavily consumed metal (after iron, aluminium and copper) What is manganese? Manganese is the world s fourth most heavily consumed metal (after iron, aluminium and copper) Global mine output of 17 million tonnes (contained metal) in 2014 over 90% goes into steel

More information

D sc s l c ai a me m r Disclaimer:

D sc s l c ai a me m r Disclaimer: The Manganese and Chrome Macquarie Connections China Day in South Africa 2012 Cape Town 3 February 2012 Alastair D. Stalker Managing Director Ore & Metal Company Limited Director-Assmang Ltd Past Chairman

More information

NEWS RELEASE. Post Tax NPV 10%) Post Tax IRR (100% equity) 17.6% Probable Reserves Project Life (based on Probable Reserves)

NEWS RELEASE. Post Tax NPV 10%) Post Tax IRR (100% equity) 17.6% Probable Reserves Project Life (based on Probable Reserves) June 18, 2015 NEWS RELEASE Symbol: TSX-V: FBX FWB/BER: FBI FIRST BAUXITE CORPORATION ANNOUNCES PROPPANT FEASIBILITY STUDY RESULTS Toronto, ON - First Bauxite Corporation ( First Bauxite or the Company

More information

Drilling, metallurgical test work and a new resource model add 21% to oxide gold reserves

Drilling, metallurgical test work and a new resource model add 21% to oxide gold reserves LA ARENA GOLD OXIDE RESERVES INCREASED TO 1.28MM OZ AT AU PRICE OF $1,200 COMPLETION OF THE PRE-FEASIBILITY STUDY FOR THE PHASE II SULPHIDE Cu-Au PROJECT Drilling, metallurgical test work and a new resource

More information

LIQUEFIED NATURAL GAS LIMITED

LIQUEFIED NATURAL GAS LIMITED LIQUEFIED NATURAL GAS LIMITED ASX: LNG CNPC HQCEC: Company Making Transaction Liquefied Natural Gas Limited 5 Ord Street West Perth WA 6005 +61 8 9366 3700 www.lnglimited.com.au LNG Limited An Overview

More information

For personal use only

For personal use only ASX ASX ANNOUNCEMENT ANNOUNCEMENT th 15 15th January January 2018 2018 For personal use only PACIFIC BAUXITE ACQUIRES NEW BAUXITE PROJECT IN WESTERN AUSTRALIA HIGHLIGHTS Pacific Bauxite has acquired the

More information

RE: REVIEW OF THE PRAIRIE CREEK MINE SCOPING STUDY

RE: REVIEW OF THE PRAIRIE CREEK MINE SCOPING STUDY January 29, 2001 Mr. Malcolm Swallow President & CEO Canadian Zinc Corporation Suite 1202-700 Pender Street Vancouver Canada V6C 1G8 By Fax: 604-688-2043 Total Number of Pages: 8 Dear Mr. Swallow: RE:

More information

For personal use only

For personal use only Horizon Oil Limited ABN 51 009 799 455 Level 6, 134 William Street, Woolloomooloo NSW Australia 2011 Tel +61 2 9332 5000, Fax +61 2 9332 5050 www.horizonoil.com.au 29 November 2017 The Manager, Company

More information

Bridging Two Disciplines

Bridging Two Disciplines OIL & GAS SERVICES Bridging Two Disciplines We are independent Engineering Economists and Advisors. Our principal competency is as supply side and asset specialists. Since 1971 we have bridged the gap

More information

Boliden to acquire Kevitsa Finnish nickel-copper-gold-pgm mine from First Quantum. 10 March 2016

Boliden to acquire Kevitsa Finnish nickel-copper-gold-pgm mine from First Quantum. 10 March 2016 Finnish nickel-copper-gold-pgm mine from First Quantum 10 March 2016 1 2016-03-10 Kevitsa strengthens Boliden s position in nickel and copper Excellent operational and geographical fit Consistent with

More information

For personal use only

For personal use only ASX ANNOUNCEMENT 26 March 2018 AlF 3 for Aluminium smelters & lithium batteries. Corethane Gas for cheap energy. ABx backs the ALCORE project to refine Aluminium Fluoride from bauxite Highlights: Australian

More information

Engineering Economists METALLURGICAL COAL SERVICES

Engineering Economists METALLURGICAL COAL SERVICES Engineering Economists METALLURGICAL COAL SERVICES Bridging Two Disciplines We are independent Engineering Economists and Advisors. Our principal competency is as supply side and asset specialists. Since

More information

Global expansion in the world recovery

Global expansion in the world recovery Global expansion in the world recovery Asian Bauxite & Alumina Conference Simon Storesund October 26, 2011 (1) 2011-09-26 3 keys take-aways No.1: China major importer of bauxite and alumina long-term No.2:

More information

MARKETING UPDATE. Rob Ward T M E

MARKETING UPDATE. Rob Ward T M E 31 October 2016 South32 Limited (Incorporated in Australia under the Corporations Act 2001 (Cth)) (ACN 093 732 597) ASX / LSE / JSE Share Code: S32 ISIN: AU000000S320 south32.net MARKETING UPDATE South32

More information

Newmont Reports 2017 Reserves and Resources; Reserve additions replace depletion, Resources increase

Newmont Reports 2017 Reserves and Resources; Reserve additions replace depletion, Resources increase NEWS RELEASE NYSE: NEM newmont.com Newmont Reports 2017 Reserves and Resources; Reserve additions replace depletion, Resources increase DENVER, February 21, 2018 Newmont Mining Corporation (NYSE: NEM)

More information

INVESTOR SITE VISIT WONDERKOP SMELTER

INVESTOR SITE VISIT WONDERKOP SMELTER INVESTOR SITE VISIT WONDERKOP SMELTER 6 MAY 2016 Presented by Zanele Matlala (CEO) and Amanda Magro (Wonderkop General Works Manager) Presented by Zanele Matlala (CEO) and Kajal Bissessor (FD) Legal notice/disclaimer

More information

F E R R E X P O H A S A S T R O N G B U S I N E S S P R O F I L E

F E R R E X P O H A S A S T R O N G B U S I N E S S P R O F I L E PELLET MARKET D I S C L A I M E R This document is being supplied to you solely for your information and does not constitute or form part of any offer or invitation or inducement to sell or issue, or any

More information

Presentation to Minister Goyal

Presentation to Minister Goyal Clean Energy Roundtable: Presentation to Minister Goyal 27 th October 2016 Bridging the gap between today s use of resources and tomorrow s zero-emissions future Core Technology Solutions Innovative resource

More information

SILVERCORP REPORTS Q3 RESULTS: NET INCOME OF $12.7 MILLION, $0.08 PER SHARE AND PROVIDES FISCAL 2019 PRODUCTION AND CASH COSTS GUIDANCE

SILVERCORP REPORTS Q3 RESULTS: NET INCOME OF $12.7 MILLION, $0.08 PER SHARE AND PROVIDES FISCAL 2019 PRODUCTION AND CASH COSTS GUIDANCE NEWS RELEASE Trading Symbol: TSX: SVM NYSE AMERICAN: SVM SILVERCORP REPORTS Q3 RESULTS: NET INCOME OF $12.7 MILLION, $0.08 PER SHARE AND PROVIDES FISCAL 2019 PRODUCTION AND CASH COSTS GUIDANCE VANCOUVER,

More information

For personal use only

For personal use only Dysprosium still key in delivering optimal performance and efficiency Highlights Dysprosium remains a key component in the manufacture of NdDyFeB permanent magnets which power high performance, clean energy

More information

Global Zinc Supply Outlook

Global Zinc Supply Outlook Global Zinc Supply Outlook 2015 2020 Claire Hassall CHR Metals Metal Bulletin 19 th Zinc and its Markets Seminar Helsinki Discussion topics Features of CHR s forecasts the business cycle and China s economic

More information

Western Power Company Ltd. Ngonye Falls Hydroelectric Project October 2014

Western Power Company Ltd. Ngonye Falls Hydroelectric Project October 2014 Western Power Company Ltd. Ngonye Falls Hydroelectric Project October 2014 Western Power Company Western Power Company (WPC) is a Zambian Independent Power Producer which is working for the development

More information