Investor Presentaiton
Magnum Acquisition
of Appalachian Iron
• Acquisition of Appalachian Iron Inc provides Magnum with right to enter into
a formal license agreement for use of HIsmelt technology and to advance
Appalachian Iron's other interests
HIsmelt technology to be used to develop a green pig iron plant at the Buena Vista
Magnetite Project
Appalachian Iron has entered into a number of non-binding agreements for existing
land access in the US, pig iron offtake and raw material supplies to further the
development of an iron ore project in West Virginia
Acquisition of Appalachian Iron has the potential to add further value to Magnum
due to the transaction being based on performance shares that only vest when
milestones are met
APPALACHIAN
IRON
ASX PRESENTATION
MAGNUM MINING & EXPLORATION
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