April 2013

Aluminum

Phosphate

Gold

Infrastructure

www.maaden.com.sa

Maaden Saudi Arabian Mining Company

O5 Forum Agenda - Maaden

General Introduction Aluminium Opportunities Phosphate Opportunities

THE MAADEN JOURNEY

2009 - 2012
Expansion & Growth

2007 - 2008
Capitalization
2007 Phosphate joint venture with SABIC 2008 Completed 50% IPO of 50% equity 2009 Aluminum joint venture with ALCOA SWCC-Maaden-SEC Power agreement Maaden Phosphate Company operational Aluminium Project under construction Major exploration initiatives using latest technology

2003 - 2006
Infrastructure

2000 - 2002
Gold Development 2004 New mining law 2006 North-South Railway approved by Council of Ministers 2007 RAK Port approved

1997 - 1999
Beginning 1997 Established

2000 Al Hajar Gold Mine commissioned 2002 Bulgah Gold Mine Opened

MAADEN IS ACTIVE IN EVERY REGION OF THE KINGDOM

12 6

Al Jalamid
Az Zabirah Al Baitha
7 8

Waad Al-Shammal

Maadens Operations
Covering all regions of Saudi Arabia

Zharghat

Ras Al Khair: Phosphate and Aluminium

11

Al Madinah (Magnesite)
10 2

Sukhaybarat

Bulgah
5 13 14

Mahd Ad Dahab
1-5 6 7 8 9 10-11 12 13-14

As Suq Ad Duwayah

Al Amar

Gold mine Phosphate mine Kaolin & low grade bauxite mine Bauxite mine

Al Hajar

Magnesite mine
Minerals industry complex Planned Industrial City CAGR Gold mines in or entering construction

Maaden Aluminium SBU

Downstream Opportunities at Ras Al-Khair

Mine to Metal Aluminium Complex

Power Station

Rolling Mill Smelter GA S GAS

Refinery

NaOH Plant
Mine Bauxite

Number of Processes

Degree of Integration

Key Opportunities

4/2/2013

Aluminium Foils
.
Aluminum foil is widely used in Packaging & Insulation applications.

MENA Demand

260 300 KMTA

50 60 million $ Investment Level Ideal Capacity Feed Stock 6000 MT Sheet Coil

4/2/2013

Aluminium Foundry Alloys

. Aluminum foundry alloys are used for aluminum castings. Alloys are produced as continuous cast or mold cast ingots.
MENA Demand 250 300 KMTA

7 10 million $ Investment Level

Ideal Capacity Feed Stock

4/2/2013

25000 MT Ingot
9

Aluminum Composite Panels

. Aluminum Composite Panel or sandwich panel is a type of flat panel that consists of two thin aluminum sheets bended to a non-aluminum core. MENA Demand 300 400 KMTA

15 20 million $ Investment Level Ideal Capacity Feed Stock

4/2/2013

25000 MT Sheet Coil

10

Aluminum Industrial Extrusions

. Industrial aluminum extrusion products are widely used in machine building, automotive, ship building & offshore platform. MENA Demand 100 150 KMTA

20 25 million $ Investment Level

Ideal Capacity Feed Stock

4/2/2013

20000 MT Billet
11

Getting From Here To There

Maaden

Refinery Rolling Extrusion Rolling Mining Smelting Casting Drawing

Saudi Arabia's mineral resources

Downstream Industry

Value Added Chain

Maaden Phosphate & Industrial Mineral SBU

Downstream Opportunities at Waad Al-Shammal

Maaden Phosphate Project (at Waad Al-Shammal)

About Maaden Phosphate Project (at Waad Al-Shammal)

SR26 Billion investment to construct a phosphate

fertilizer and downstream complex.

The project and the industrial city will create

around 2,700 direct jobs.

The project will produce: Phosphatic Fertilizers. Purified Phosphoric Acid Di Calcium Phosphate and Mono Calcium Phosphate. Sodium Tri Poly Phosphate.

Maaden Phosphate Project (at Waad Al-Shammal)

Waad Al-Shammal
Ore Beneficiation
Sulfuric Acid Plant

Waad Al-Shammal

5.3 MMT

Phosphoric Acid Plant

PPA 100 KMTPA

STPP
90 KMTPA

DCP/MCP 250 KMTPA

4.9 MMT

1.5 MMT

Market
13.5 MMT

Ras Al-Khair
DAP/MAP /NP/NPKs

3 MMT

Ammonia Plant

Market

Mining Activities

1.1 MMT Sulphur (Saudi Aramco)

Natural Gas (Saudi Aramco)

Maaden Phosphate Project

Open Opportunities For Other Industries

DCP/MCP
Di Calcium Phosphate and Mono Calcium Phosphate

About:
Source of Phosphorus (P) and Calcium (Ca) . Application: Animal feed

Maaden Phosphate Project

Open Opportunities For Other Industries

PPA
Purified Phosphoric Acid

About: 50% for STPP production. Typically 70% of PPA is used as technical-grade and 30% as foodgrade. Application: Food Grade Sugar Refining, Phosphate Salts, Pharmaceutical Technical Grade Ceramics, Refractories, Detergents, Plastic Resins, Textile

Maaden Phosphate Project

Open Opportunities For Other Industries

STPP
Sodium Tripoly Phosphate

About:
Captive use , Downstream industries

Application: Detergents Phosphate Beneficiation Ceramics

THANK YOU

www.maaden.com.sa

Maaden Saudi Arabian Mining Company