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Mongolia Investment Summit 2010
� Altain Khuder is a Mongolian registered mining and mineral exploration company established in November 2006
� Export iron ore products to steel mills in China
� Owns the iron ore project: TAYAN NUUR
� Located in the Gobi Altai province of Mongolia
Preparation of mine operation commenced
15 year long term agreement with Baosteel signed
Trial export of iron ore lumps to Baosteel commenced
JORC Compliant Resource Statement by Micromine
Construction of 2nd and 3rd processing line initiated
15 year long term agreement with JISCO
2-4Mtpa collective iron ore off-take agreement with customers in 2011
July 2008
August 2008
April 2009
September 2009
July 2010
August 2010
September 2010
Mongolia Investment Summit 2010
Initial development�1Mtpa crushing, 500,000 tonnes 61-63% Fe fine iron ore�Dry magnetic separation technology
Current development (2010-2011):�4-8mtpa crushing
�2-4mtpa iron ore fine production
Future (2012 onward):�8mtpa fine production (dry separation)
�2mtpa fine production (wet beneficiation)
�2mtpa pellet production facility
Beneficiation engineer O.TuvshintugsBeneficiation engineer O.TuvshintugsBeneficiation engineer O.TuvshintugsBeneficiation engineer O.Tuvshintugs
Terex line Terex line Terex line Terex line
New beneficiation line under New beneficiation line under New beneficiation line under New beneficiation line under
constructionconstructionconstructionconstruction
New beneficiation line under New beneficiation line under New beneficiation line under New beneficiation line under
constructionconstructionconstructionconstruction
Mongolia Investment Summit 2010
Current state:� 88 hauling trucks additional 50
trucks� Transportation is the largest portion
of our production cost but we can reduce it with infrastructural development
Future development:� Transportation for up to 8mtpa iron
ore fine� Obtain trucks with over 60 ton
capacity� Railway construction under review
(feasibility study completed)
Trucks loaded with iron ore fineTrucks loaded with iron ore fineTrucks loaded with iron ore fineTrucks loaded with iron ore fine
Trucks delivering the product to the borderTrucks delivering the product to the borderTrucks delivering the product to the borderTrucks delivering the product to the border
Mongolia Investment Summit 2010
Current state:� Road construction company
� 170km gravel road suitable for over 85 ton load transportation – 2009-2010
Future development:� Cover 50-70% of the road with
asphalt - 2011
� Complete the asphalt road – 2012
-----------------------------------------------� 50mW power plant based on
Khuren Gol deposit – 2012(onward)� Airport at the mine site – 2011
Mongolia Investment Summit 2010
Works completed:� Relocated and rebuild the
Burgastai customs office closer to the Mongolian-Chinese border
� Construction of a storage field for iron ore fine: 250,000 tonnes
� Complete security solution
Prospective :� Camp for company employees,
customs officials
� Maintenance shop� Fuel station
� LandscapingStorage field at the boarder point
Past development:�Residence hall for 500 residents with full facilities
�Wireless and wired internet connection, cellular network
�All employees use card registration system (in progress)
Current development:�Office building – 1500m2
�Maintenance workshop – 3940m2�Complete security solution
New office buildingNew office buildingNew office buildingNew office building
New maintenance workshopNew maintenance workshopNew maintenance workshopNew maintenance workshop WorkshopWorkshopWorkshopWorkshop
Mongolia Investment Summit 2010
� Altain Khuder values the importance of having a strong executive and operations management team with extensive global experience in the mining industry.
� The Company hired qualified candidates from the U.S., Canada, Australia, Brazil and the Philippines to fill the positions of Director of HR, CFO, COO, Chief Safety Engineer, Chief Maintenance Engineer, Mine Engineers, Exporting Manager and Camp Manager.
Mongolia Investment Summit 2010
Regional DevelopmentRegional DevelopmentRegional DevelopmentRegional Development Employment Employment Employment Employment HSEHSEHSEHSE
MNT97.5 millionMNT97.5 millionMNT97.5 millionMNT97.5 million worth
of education, culture
and health contribution
to Gobi Altai province
and Tseel soum
Over 19%19%19%19% of our
employees are local to
the region of the mine
Company employs
almost 780780780780 Mongolians
• Quality HSE policy
• In depth
environmental
assessment studies
Mongolia Investment Summit 2010
� One of few iron ore mines in Mongolia � The only one in western Mongolia
� Strategic location� Located closer to Mongolian-Chinese border than any other iron ore mine in
Mongolia� Low cost iron ore producer
� Close proximity, high quality deposit and open cast mining
� Long mine life� Potentially 20 years of mine life based on JORC resource estimate of 158
million tonnes� Strong customer base
� Long term off-take agreement with major steel mills in China
� Experienced management team� The company employs experienced senior expat professionals in many of its
management posts
Mongolia Investment Summit 2010
FieldFieldFieldField Amount /US$ Amount /US$ Amount /US$ Amount /US$
million/million/million/million/
1 Asphalt road construction 70707070
2 Power Plant 82828282
3 Open cast mining equipments 78
4 Beneficiation plant expansion 75
5 Additional trucks for transportation 29
6 Border/Customs development 6.5
7 Mine camp expansion 7.3
8 Airport 4.7
9 Wet based beneficiation plant 55
10 Pellet plant 67
Total 474.5
Recent highlights�Seeking to raise US$100 million financing through a private bond issuance to ramp up production level up to 2Mtpa
�Preparing for a listing on Hong Kong Stock Exchange within 2011