Metals Acquisition Corp SPAC Presentation Deck
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Project
1 Well Capitalized with Modern Mining Infrastructure
Ventilation upgrade
No.1 Shaft refurbishment
Mill replacement
Processing circuit optimisation
Implementation of on-site paste
backfill plant
Total
Mine fleet replacement
Sources: Company Information.
Key Benefits
• Deeper mining capabilities at current production rates
• Upgrade of primary ventilation fans
• Installation of 12MW refrigeration system
Scheduled to be completed by YE¹2022
.
• Increased hoisting capacity
• Supports mine life extension beyond 15 years
• New equipment replacement to reduce risk of failure
Increases efficiency and power of motors resulting in 10% capacity uplift
• Scheduled to be completed in Q2 2022
• Improved metal recoveries and concentrate grades
Higher results for processing material above design grade (i.e. >5%)
Reduced electricity requirements
.
• Superior fill performance and faster fill cycle
• Risk mitigation with previous CHF system still available in the event of paste system loss
Approximately US$130 million of recent capital investment expected prior to transaction completion
Mine fleet replacement underway and MAC focused on accelerating equipment replacement
through lease financing (~60% of trucks and LHD's replaced in early 2022)
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