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Investor Presentaiton

For personal use only Tonnes Mined (kt) 6000 2012-13 OPERATIONAL PERFORMANCE Production was consistent during 2012, with a new quarterly production record set in Q4. This was followed by record months in Feb and Mar'13 of 186kt & 187kt, and 201kt was achieved in July'13. A further improvement in product quality was realized at the start of the second quarter of 2012. The mine has steadily improved the productivity and utilization of the earthmoving fleet over the last 18 months, achieving significant quarter on quarter increases. Mine Production (Kt) Concentrate Produced (kt) 600 500 400 358 368 305 300 200 100 0 Mar-11 Jun-11 4961 5000 4427 4410 4190 14 3942 4000 3706 3385 3471 3515 10 3000 2000 பட 1000 0 Mar-11 Jun-11 Sep-11 Dec-11 Mar-12 1883 Jun-12 Sep-12 Dec-12 Mar-13 Jun-13 Silica content (%) 0 Sep-11 Dec-11 Concentrate Production (Kt) 529 501 497 480 469 436 427 Mar-12 Jun-12 Sep-12 Dec-12 Mar-13 Concentrate Iron and Silica Content (%) 70 Average Si in Concentrate (%) Average Fe in Concentrate (%) 12 68 Dec-09 Mar-10 Jun-10 Sep-10 Dec-10 Mar-11 Jun-11 Sep-11 Dec-11 Mar-12 Jun-12 Sep-12 Dec-12 Mar-13 Jun-13 66 64 ठ 62 60 58 Fe Content (%) 8 Jun-13 NORTHERN IRON
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