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Minco Plc - Proactive Investors

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<strong>Minco</strong> <strong>Plc</strong><br />

Carbonate VS Oxide Manganese Ores<br />

Produce Different Products<br />

Woodstock Deposits<br />

Mn Carbonate ore<br />

~10% - 15% Mn grade<br />

Metallurgical divide<br />

Mn Oxide ore<br />

~35% - 44% Mn grade<br />

Hydrometallurgical<br />

Physical concentration<br />

Electrolytic Manganese Metal<br />

~99.7% Mn<br />

Electrolytic Manganese Dioxide<br />

~91% - 96% Mn<br />

Silicomanganese<br />

~60% - 77% Mn & 2% carbon<br />

High carbon Ferromanganese<br />

~65% - 80% Mn & 7% carbon<br />

Refined Ferromanganese<br />

~75% - 85% Mn & 2% carbon<br />

Market Share<br />

9%<br />

2%<br />

38%<br />

20%<br />

10%<br />

Other Alloys & slag 21%<br />

18

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