DISCLAIMER - Champion Iron
Transcript of DISCLAIMER - Champion Iron
![Page 1: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/1.jpg)
![Page 2: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/2.jpg)
DISCLAIMER
![Page 3: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/3.jpg)
CORPORATE OVERVIEW
BLOOM LAKE
![Page 4: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/4.jpg)
COVID-19 RESPONSE
◼
◼
→
TSX: CIA ⎪ ASX: CIA
![Page 5: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/5.jpg)
FY2020 HEALTH & SAFETY
◼
◼
◼
◼
◼
◼
![Page 6: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/6.jpg)
ENVIRONMENTALLY FOCUSED
◼
◼
◼
◼
◼
◼
◼
◼
◼
↓
↓
↓
NewOld
![Page 7: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/7.jpg)
STEEL INDUSTRY GOING GREENDR PELLET FEED IN RISING DEMAND
◼
◼
◼
◼
Source: Champion Iron Limited, Wood Mackenzie data
![Page 8: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/8.jpg)
✓ Champion sells based on Platts 65% Fe premium benchmark
STRUCTURAL SHIFT IN IRON ORE
◼
◼
◼
Source: Champion Iron Limited, Platts, Bloomberg; P62: Platts TSI IODEX 62% Fe CFR China; P65: Platts IO Fines 65% Fe CFR China
Pre
miu
m/D
isco
un
t to
P6
2 In
dex
(%
)
◼
◼
![Page 9: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/9.jpg)
MARKET STATISTICS AS OF Q2/FY21(C$M) SHAREHOLDERS (CIA-TSX; CIA-ASX)
CORPORATE SNAPSHOT
![Page 10: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/10.jpg)
INVESTMENT HISTORY
◼
◼
◼
◼
◼
◼
◼
◼
◼
◼
◼
◼
—
—
—
—
◼
◼
—
—
—
—
◼
◼
◼
◼
TIMELINE &
CUMULATIVE
TOTAL
INVESTMENT
![Page 11: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/11.jpg)
BLOOM LAKE TODAY
◼
$
$
◼
![Page 12: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/12.jpg)
P62: Platts TSI IODEX 62% Fe CFR China
COMPETING ON COST CURVE
◼
◼
◼
◼
◼
![Page 13: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/13.jpg)
DIVERSIFIED CUSTOMER BASE
Product sold to 22 different customers since 1st shipment
◼
◼
◼
CHINA – 52.5%
EUROPE – 4%
INDIA – 1.5%
MIDDLE EAST – 12.5%
KOREA – 4.5%
JAPAN – 25%
![Page 14: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/14.jpg)
OPERATIONAL RESULTS
◼
◼
◼
◼
◼
◼
◼
◼
![Page 15: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/15.jpg)
◼
◼
◼
◼
◼
◼
◼
BLOOM LAKE PHASE I (7.4 MTPA)
→
![Page 16: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/16.jpg)
FINANCIAL RESULTS
◼
◼
◼
◼
◼
◼
![Page 17: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/17.jpg)
PREMIUM PRICING
◼
◼
- $
50.00 $
100.00 $
150.00 $
0
50
100
150
Q2/19 Q3/19 Q4/19 Q1/20 Q2/20 Q3/20 Q4/20 Q1/21 Q2/21 Net
Ave
rage
Sel
ling
Pri
ce (
FOB
C
A$
/dm
t))
CA
$ p
er d
mt
Total Cash Cost Total All-in Sustaining Cost
Cash Operating Margin Net Average Selling Price (FOB)
![Page 18: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/18.jpg)
LABRADOR TROUGH =WORLD-CLASS OPPORTUNITY
◼
◼
◼
◼
◼
◼
◼
![Page 19: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/19.jpg)
GROWTH OPPORTUNITIES
![Page 20: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/20.jpg)
BLOOM LAKE PHASE II PROJECTROBUST ECONOMICS
◼
◼
◼
◼
◼
◼
◼
![Page 21: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/21.jpg)
PHASE II – ADVANCED PROJECT
◼
◼
◼
![Page 22: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/22.jpg)
BLOOM LAKE AREAPOTENTIAL OPPORTUNITIES
◼
◼
◼
![Page 23: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/23.jpg)
ACQUISITION OF KAMI PROJECT
◼
◼
◼
◼
◼
![Page 24: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/24.jpg)
REGIONAL OPPORTUNITIES
◼
◼
◼
◼
◼
◼
599
![Page 25: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/25.jpg)
STRONG FINANCIAL POSITION
![Page 26: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/26.jpg)
STRONG LEVERAGETO COMMODITY PRICE
◼
◼
![Page 27: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/27.jpg)
![Page 28: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/28.jpg)
EXPERIENCED TEAM◼
◼
◼
◼
◼
◼
◼
◼
◼
◼
◼
◼
◼
◼
◼
◼
◼
◼
◼
◼
◼
◼
◼
◼
◼
◼
◼
![Page 29: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/29.jpg)
INFRASTRUCTURE AND LOGISTICS
Mining Crushing Concentrating Rail PortCo
Asset Snapshot
Description / Commentary
◼ Typical blast and shovel mining operations
◼ Trucked to near-pit crusher
◼ 3 distinct mining areas
◼ Crushed in near-pit crusher and conveyed 3.45km to the processing facility
◼ Upgrading the ~30% Fe to 66% Fe
◼ Grinding, screening, gravity circuit and magnetic recovery
◼ Transported by rail from loading station at Bloom Lake to Port of Pointe-Noire Sept-Îles
◼ Rail agreement with Quebec North Shore and Labrador Railway Company (QNS&L)
— Cost is variable based on wet tonnage
◼ Agreement with Government of Quebec for unloading and stocking area and service agreement with Port of Sept-Îles for ship loading
◼ Access to state of the artbrand new deep seaberth
◼ One of North America’s largest ore-handling ports with year roundaccess
Key Equipment
◼ 10 CAT Trucks
◼ 3 Shovels
◼ 3 Loaders
◼ 3 Drills
◼ 3.45km conveyor system
◼ 2 fully operational crushers with spare capacity
◼ 2 concentrators
— Phase I concentrator is operational
— Phase II concentrator is approximately 70% complete
◼ “On-site” privately owned 32km railway linking Bloom Lake Mine site to QNS&L
◼ 835 specialized iron ore rail cars
◼ Arnaud rail
◼ Rotary car dumper
◼ Stacker / Reclaimer
◼ 36km of government owned railway
Current Phase I and Potential Phase II
Annual Throughput Capacity
Phase I capacity: 7.4 Mtpa
Phase II capacity: 7.6Mtpa
Total Capacity: 15Mtpa
Phase I capacity: 7.4 Mtpa
Phase II capacity: 7.6Mtpa
Total Capacity: 15Mtpa
Phase I capacity: 7.4 Mtpa
Phase II capacity: 7.6Mtpa
Total Capacity: 15Mtpa
Available excess capacity at QNS&L
Multi-user Port with total capacity of 50M tpa
1 2 3 4 5
![Page 30: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/30.jpg)
TAILINGS MANAGEMENT
◼
◼
◼
◼
◼
Centerline/Downstream Upstream
Water basin required for finer
particles to deposit
![Page 31: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/31.jpg)
UPDATED FEASIBILITY ECONOMICSCOMBINED PHASE I & II (JUNE 2019)
![Page 32: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/32.jpg)
BLOOM LAKERESERVES & RESOURCES
![Page 33: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/33.jpg)
BLOOM LAKE PHASE IIPOSITIONING AS A GLOBAL LEADER
◼
◼
◼
◼
![Page 34: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/34.jpg)
BLOOM LAKEUPDATED RECOVERY FLOWSHEET
>
>
>
>
>
![Page 35: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/35.jpg)
IRON ORE VALUE CHAIN
>
SINTER PELLETS
![Page 36: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/36.jpg)
BLOOM LAKE MINE COMPLEX
![Page 37: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/37.jpg)
MULTI-USER PORT
![Page 38: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/38.jpg)
STRUCTURAL IMPROVEMENTS2018 RECOMMISSIONING
![Page 39: DISCLAIMER - Champion Iron](https://reader031.fdocuments.net/reader031/viewer/2022012419/6173e9192b9b08317015724e/html5/thumbnails/39.jpg)