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Investor Presentaiton

HIsmelt technology Commercialisation achieved 40-year development path 1980S Small Scale Pilot Plant (SSSP) in Germany - 10kt/yr design 1990S HIsmelt Research & Development Facility (HRDF) in Kwinana, Australia, - 100kt/yr design 2000S 2012 2013 2017 2022 HIsmelt Kwinana Joint Venture (HKJV) in Kwinana, Australia owned by a consortium of Rio Tinto, Nucor, Mitsubishi and Shougang - 800kt/yr design Molong Petroleum Machinery purchased the Kwinana equipment from HKJV shareholders Start of construction of Molong HIsmelt plant in Yangkou, Shandong Province, China Molong purchased the technology IP from Rio Tinto 2 HIsmelt plants operating in China with 3m tonnes produced to date, orders placed for 8 plants in Asia ASX PRESENTATION MAGNUM MINING & EXPLORATION APPALACHIAN IRON KWINANA HISMELT PLANT PAGE 5 A
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