Sulphuric Acid Plant

98 Pages·2012·26.93 MB·English

Disclaimer:
The contents are not to be reproduced or distributed to any third party, including the public or press. The
information contained herein, while obtained from sources which we believe are reliable, is not guaranteed
aass ttoo iittss aaccccuurraaccyy oorr ccoommpplleetteenneessss. TThhee ccoommppaannyy iiss aa ddeevveellooppmmeenntt ssttaaggee mmiinneerraall rreessoouurrccee eexxpplloorraattiioonn
company and many of its mineral projects have yet to be proven to be economic. Certain information set
out herein in relation to the Company’s advanced projects is based on technical reports that are in
compliance with NI 43-101 that are not yet final. The reader is cautioned that such information is subject to
change, although management does not anticipate any material deviations.
The contents of this presentation is for informational purposes only and does not constitute an offer to sell
or a solicitation to purchase any securities referred to herein.
Forward looking statements
This ppresentation includes certain forward-lookingg statements about future events and/or financial results
which are forward looking in nature and subject to risks and uncertainties. Forward-looking statements
include without limitation, statements regarding the company’s plans, goals or objectives and future
completion of mine feasibility studies, mine development programs, capital and operating costs,
production, potential mineralization, resources and reserves, exploration results and future plans and
objectives of MBAC. Forward-looking statements can generally be identified by the use of forward-looking
tteerrmmiinnoollooggyy ssuucchh aass "mmaayy," wwiillll," "eexxppeecctt," "iinntteenndd," "eessttiimmaattee," "aannttiicciippaattee," "bbeelliieevvee," oorr "ccoonnttiinnuuee" oorr tthhee
negative thereof or variations thereon or similar terminology. There can be no assurance that such
statements will prove to be accurate and actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause actual results to differ materially from
expectations include risks associated with mining generally and pre-development stage projects in
particular. Potential investors should conduct their own investigations as to the suitability of investing in
sseeccuurriittiieess ooff MMBBAACC FFeerrttiilliizzeerr CCoorrpp.
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MBAC VISION
To be a significant integrated producer of phosphate
and potash fertilizers in the Brazilian and Latin
AAmeriican markkets
MBAC FOCUS
To be the first integrated junior fertilizer company in
production (Q4 2012)
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 Brazil’s increasing crop production and substantial harvestable land area is
driving fertilizer demand of which 70% is currently imported
IITTAAFFÓÓSS AARRRRAAIIAASS SSSSPP PPRROOJJEECCTT
ANEBA (POTASH)
(PHOSPHATE)
AAMM MMAA
PPAA
PPPPIIII
TTOO
BBAA
MMTT
SANTANA (PHOSPHATE) GGOO Brasilia
MMGG
SSPP Rio de Janeiro
São Paulo
CARMO (TITANIUM AND
ARAXÁ (PHOSPHATE/REE/Nb)
PHOSPHATE)
BBRRAAZZIILL
Itafós Arraias SSP Project is well funded – finalized financing for
debt and equity
66
Dec 2011 IFC increases loan facility to US$65M through syndication process YYEEAARR IINN RREEVVIIEEWW
MBAC hired a number of new
Dec 2011 Araxá maiden inferred resource
key management team
members.
Nov 2011 Start-up Civil Construction of Itafós Arraias SSP Project Itafós is completely financed
and on target to start
production in Q4 2012
Oct 2011 Binding loan agreement with Itaú BBA
Drillingg at Santana ppermitted
for the next stage of the
Sep 2011 Preliminary Economic Assessment released for Santana
project to define preliminary NI
43-101 resource estimate and
Sep 2011 Exercised option on Araxá property preliminary feasibility study
AArraaxxáá pprroojjeecctt tthhee llaatteesstt pprroojjeecctt
Sep 2011 IFC to Invest C$33.6 million in MBAC equity and provide US$40 million in debt in our pipeline has a very high
grade rare earths and niobium
near surface deposit which
Jun 2011 Approval of Industrial District in Arraias, TO
makes it a very attractive
pprojject
Apr 2011 Start-up Earth Works at Itafós Arraias SSP Project
The project has historical drill
results show a phosphate
deposit containing an
Mar 2011 Construction License issued for Itafós Arraias SSP Project
estimated 100 mt grading
aapppprrooxxiimmaatteellyy 1100%% PP 00
2 5
Feb 2011 Itaú BBA approval financing for R$ 205M via BNDES
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Relative Performance – FY 2011
Source: Bloomberg as at December 30, 2011
Market-Weighted Potash Developers composite includes ActivEX, AguiaResources, AllanaPotash, Elemental Minerals, EncantoPotash, Ethiopian Potash, IC Potash, Karnalyte,
MMaaggIInndduussttrriieess,, PPaassssppoorrtt PPoottaasshh,, RReewwaarrdd MMiinneerraallss,, SSiirriiuuss MMiinneerraallss,, VVeerrddee PPoottaasshh ((ffoorrmmeerrllyy AAmmaazzoonn MMiinniinngg)) aanndd WWeesstteerrnn PPoottaasshh
Market-Weighted Phosphate Developers composite includes D’arianneResources, Legend International Holdings, MBAC Fertilizer, MinbosResources, Minemakers, PhosCan,
Phosphate Australia, Spur Ventures, StonegateAgricomandSunkarResources
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IITTAAFFÓÓSS PPHHOOSSPPHHAATTEE 
NI 43‐101 resource estimate: 58 Million Tonnes
Definitive Feasibility Study NPV $252
< 1 year from start‐up of production
Fully funded
SSmmaallll pphhoosspphhaattee 
mine with initial 
resource of  SANTANA PHOSPHATE 
13 Million Tonnes NI 43‐101 resource estimate of 33.5 Million Tonnes
Preliminary Economic Assessment NPV $423
ARAXÁ 
High grade Phosphate/REE/Nb
Excellent infrastructure
Dec 2009/IPO Dec 2011
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