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From benefits to priorities

Unique Resource Base

The Company owns the world’s secondlargest proven iron ore reserves, according to JORC1 , amounting to approximately 14.2 billion tonnes, which at current mining levels guarantees approximately 140 years of reserve life.

14.2
billion tonnes of iron ore reserves
~140 years
of operation at current production levels

Demand-driven Production

Metalloinvest is a leading global producer of merchant hot briquetted iron (HBI), iron ore, metallised products and highquality steel.

Metalloinvest’s vertical integration enables the Company to be extremely flexible in response to demand and offer a wide range of products with various levels of added value, from iron ore concentrate to long steel products.


Low and Controllable Cash Costs

The cash cost of HBI / DRI and pellets produced at Metalloinvest’s companies is among the lowest globally.

1

Extensive high-quality resource base

2

Use of low-cost magnetic separation in iron ore beneficiation

3

Advanced production technologies

4

In-house mine development without third-party involvement

5

Low iron ore shipment costs

6

Proximity to mature infrastructure (natural gas, energy, roads)

Diversified Sales Geography

Metalloinvest supplies products to more than 50 major clients all over the world, thus effectively combining long- and mid-term supply contracts with spot transactions.

Metalloinvest sales geography, USD million

Metalloinvest sales geography, USD million Metalloinvest sales geography, USD millionEnlarge
Global iron ore reserves in 2016,
billion tonnes*

* Source: U.S. Geological Survey and company data.

№1

producer of merchant HBI / DRI

№2

by proven iron ore reserves

№2

producer of iron ore pellets

№5

producer of merchant iron ore

Strategic Priorities

GREATER SHAREHOLDER VALUE

  • Enhance the scale and quality of business
  • Ensure sustainable growth and higher long-term value

Higher Sales Margins

  • Increase the Company’s global market share for high-quality metallised products, mainly in HBI and DRI
  • Strengthen the Company’s positions in the high-quality rolled steel market

Improved Operational and Management Efficiency

  • Focus on the efficient development of existing iron ore deposits
  • Reduce the cash cost of production and iron ore processing
  • Optimise existing processes and integrate new technologies

Stronger Investment Case

  • Improve transparency
  • Promote a balanced management approach to ensure talent development and protection of communities and the environment