Atlantic Nickel Strategic Positioning
3
Conclusion
MINERAÇÃO
VALE VERDE
Appian's sound execution programme has significantly de-risked the Serrote project, an asset that will become a significant player in a structurally
attractive industry in the long term
Opportunity in an attractive industry
Copper deposits are not easy to find
■ Favorable logistics
Comprehensive understanding of the deposit
First-class execution programme
■ Robust social integration strategy
Experienced execution team that have
significantly de-risked the project: 96%+
complete, start-up in H2 2021
Efficient, low-cost operation
• Established operations team with high
complement of local employees
■50kt copper concentrate or 20kt of contained
copper equivalent annually
1. Commodity price and FX rates: Copper - USD2.60/lb (2021); USD2.65/lb (2022); USD2.70/lb (2023); and USD 2.75/lb (2024 and thereafter); Gold - USD1,200/oz; FX: BRL/USD 4.10.
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