Minnesota Commitment | Global Opportunity
Investor Presentation
Minnesota Commitment | Global Opportunity
Attractive Assets
POLYMET
MINING
North Met Deposit 1
Proven & Probable Reserve: 289Mt
Measured & Indicated Resource: 702Mt
Inferred Resource: 441Mt
Revenue distribution 2:
Cu 53%, Ni 14%, PGM 29%, Co 2%, Au/Ag 2%
Plant Site
Previously processed 100k tpd taconite
Primary crusher, ore transfer facilities and
buildings will be refurbished
Installed industrial electric power
Tailings basin with over 300 Mt capacity
Associated Infrastructure
Rail connecting mine and plant
Onsite access to class one rail carrier
Plentiful water sources
Established supplier network
1 Source: "PolyMet Technical Report" as filed under the Company's SEDAR and EDGAR profile. Additional resource and reserve information, including grades, is included on slide 20.
2 Based on payable metal in copper and nickel concentrates and metal price assumptions of $3.52/lb Cu, 8.13/lb Ni, $2,202/oz Pd, $975/oz Pt, $25.86/lb Co, $1747/oz Au.
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