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Monterrico Metals Plc

Monterrico Metals Plc

Monterrico Metals plc (Monterrico) is a resource development company incorporated in the UK. Monterrico's Corporate HQ is in Hong Kong, and its principle operations are in Peru. The Company's principal asset is the large, wholly owned Rio Blanco copper/molybdenum deposit in northern Peru. This deposit has resources of 1.257 billion tonnes at 0.57% copper & 228 ppm molybdenum, making it one of the largest undeveloped copper resources in the world. Monterrico plans to develop Rio Blanco as a conventional open pit mine producing copper and molybdenum concentrates. At planned production rates, as defined in the Detailed Feasibility Study, (see announcement of 5 February 2007), Rio Blanco will be amongst the 20 largest copper mines in the world, producing on average of 191,000 tonnes of copper per annum and 2,180 tonnes of molybdenum per annum during the first five years of operation. The target date for mine start-up is 2011. The Company also has a number of other exploration properties in Peru. On 27 April 2007, a Chinese consortium, Xiamen Zijin Tongguan Development Co. Ltd (the "Zijin Consortium") acquired a majority shareholding (89.9%) in Monterrico. This was the result of a cash offer of 350p per share, which was agreed between the Boards of Zijin Consortium and Monterrico. Under the terms of the offer, the Consortium announced that it intended to retain the listing of Monterrico on AIM and planned to reduce its shareholding in the Company to not more than 70%. On 21 September 2007, the Consortium sold down its shareholding from 89.9% to 79.9%. The Zijin Consortium consists of a partnership of three strategic Chinese companies: 45% Zijin Mining Group Co Ltd, 35% Tongling Nonferrous Metals Group Holdings Co Ltd and 20% Xiamen Construction and Development Co Ltd. The takeover by the Zijin Consortium brings the important benefits of technical expertise and financial strength, to Monterrico at the time when the Company is undergoing the transition from an exploration company to a major copper producer. As majority shareholder, the Consortium will provide Monterrico with its expertise in large scale mine development and operation, a market for the concentrate product, as well as the solid financial support needed for the development of Rio Blanco and its associated infrastructure. Following the acquisition by the Zijin Consortium, a new Board of Directors of Monterrico Metals plc was appointed with effect from 1 June 2007. Monterrico is committed to creating capital growth for shareholders. It is also dedicated to contributing substantially to the local community in Peru and to promoting sustainable development in the area of the Rio Blanco project.

African Rainbow Minerals Limited

African Rainbow Minerals Limited

African Rainbow Minerals develops and operates mines in South Africa in the ferrous metals, platinum group metals, coal, and gold sectors. The mining company has a 50% holding in Assmang Limited, which mines ferrous metals including iron ore, manganese, and chrome ore. Formerly Anglovaal Mining, African Rainbow operates the Modikwa and Two Rivers platinum mines, among others. The company's Nkomati mine produces nickel and copper. In 2004 the company sold its Avgold Limited subsidiary to Harmony Gold Mining and now holds a 16% stake in Harmony. Two years later Harmony acquired the company's stake in Village Main Reef GoldMining.

China Oriental Group Company Limited

China Oriental Group Company Limited

China Oriental produces steel billet and strips for Chinese steel manufacturers, who then process the billet and strips into downstream products such as angles, rebar, wire rods, and pipe. China Oriental's production facilities are located in Hebei Province, the country's largest iron ore producing region. Its steel production facilities consist of an iron smelter and steel making and rolling plants. The company's annual production capacity exceeds 7 million tons, making China Oriental one of the largest suppliers in China. The company's founders own 43% of China Oriental; ArcelorMittal also owns 30% after a series of transactions in 2007 and 2008. The two companies also have a technology-sharing agreement.

General Moly, Inc.

General Moly, Inc.

General Moly, Inc. engages in the exploration, development, and mining of molybdenum properties in the United States. Its primary asset is an 80% interest in the Mt. Hope Project containing proven and probable molybdenum reserves totaling 1.3 billion pounds located in Eureka County, Nevada. Moly also owns 100% interest in the Liberty molybdenum property located in Nye County, Nevada. In addition, it owns or controls various non-core properties containing copper, silver, and gold deposits located in the western United States. Moly was formerly known as Idaho General Mines, Inc. and changed its name to General Moly, Inc. in October 2007. General Moly was incorporated in 1925 and is based in Lakewood, Colorado.

Northgate Minerals Corp.

Northgate Minerals Corp.

Northgate Minerals Corporation is a leading gold and copper producer with mining operations, development projects and exploration properties in Canada and Australia. Northgate Minerals Corp. is forecasting production of 310,000 ounces of unhedged gold production in 2010 and is targeting growth through further acquisitions in stable mining jurisdictions around the world. Northgate prides itself in its strong operating abilities and has gained a reputation as one of the finest operators in the business. This reputation is based on the Corporation's outstanding track record of delivering on its promises. Over the past eight years, a dedicated and knowledgeable workforce has transformed Kemess into one of the most efficient open pit mines in the world.

Inner Mongolia BaoTou Steel Union Co.

Inner Mongolia BaoTou Steel Union Co.

Baogang is an important iron and steel industrial base and the largest rare earth industrial base in China and the biggest industrial enterprise in Inner Mongolia. The headquarter locates in Hexi Industrial Zone, Baotou, Inner Mongolia. It was established in 1954 and reorganized in 1998 with two listed companies, Baogang Share and Baogang Rare Earth. The total asset of the Group is 57.2 billion Yuan by the end of 2007.Unique resource. Baiyunebo Mine is a world famous mineral intergrowth with iron and rare earth. The iron reserve takes the first place in Northwest area of China and the Rare earth reserve takes the first place in the world, niobium and thorium the second place in the world. Baotou is extolled as the Capital of World Rare Earth because of Baiyunebo Mine.Ten million tons Iron and steel capability. Baogang owns the world-class production lines that can produce cold and hot rolling strip, heavy plate, seamless pipe, heavy rail, large scale shaped beam, bar and wire rod. Baogang is one of the three rail producing bases in China, one of the seamless pipe producing bases with the completive varieties and specifications in China and the biggest CSP production base in Northwest of China.Decisive role of rare earth industry in home and abroad. The output of rare earth oxide takes 40% of the domestic market, the production ability of Nd-Fe-B, negative powder and polishing powder takes 20% of the domestic market, the Metal Praseodymium and Neodymium takes 30% of the domestic market. Baogang has the national authoritative rare earth research Institute: Baogang Rare Earth Research Institute and Ruike National Engineering Center of Rare Earth Metallurgy and Function Materials. It has provided the α magnetic spectrograph for American Space Shuttle Discovery as well as the important magnetic material for China Shenzhou space aircraft and Chang’e I carrier racket. Improvement through science and self innovation. Two technical achievements in CSP and high speed rail have won the 2nd award of National Award for Science and Technology. CSP Plant is the first training base in Asia and second in the world for SMS Germany as well as the grinding machine training base in China for Pomini Italy. Baogang has provided the technical supervision and support in CSP and seamless pipe production to foreign companies.

Western Standard Metals Ltd.

Western Standard Metals Ltd.

Western Standard Metals doesn't mind being left out in the cold as long as there is plenty of ice in the area. The exploration and mining company, formerly Nordic Diamonds, has properties in Finland (Kuopio-Kaavi Diamond Project), Sweden (the Nyborg sulphide and Storsjo uranium projects), and Canada (in the Nunavut region). It also is exploring a potash property in Alberta, a project it acquired in 2008. The next year it bought another property, the Almaden gold project in Idaho, from Freegold Ventures. In 2010 those two companies agreed to merge.

Grande Cache Coal Corporation

Grande Cache Coal Corporation

Grande Cache Coal Corporation (GCC) operates both surface and underground mines that produce a premium, low volatile, metallurgical coal for the steel industry from its coal leases covering approximately 22,000 hectares in the Smoky River Coalfield. The Smoky River Coalfield is located in west central Alberta. The corporate offices are located in Calgary, Alberta and operations offices are located in Grande Cache, Alberta. GCC owns four leases covering our two existing mines (No. 7 Mine and No. 12SB2 Mine) and two other mines (No. 8 Mine, expected to commence production in fiscal 2010, and No. 16 Mine). GCC also owns ten additional coal leases which have exploration and development potential. GCC plans to conduct extensive exploration and evaluation of the coal potential of the leases to identify additional development options.Grande Cache Coal Corporation is closely monitoring other opportunities for coal development both in western Canada and other geographic areas.

United Scrap Metal, Inc.

United Scrap Metal, Inc.

United Scrap Metal recycles and recovers scrap metal using such methods as baling, boring, granulating, and incinerating. Besides steel, materials handled by the company include aluminum, brass, copper, nickel alloys, precious metals (gold, silver, palladium, platinum, and others), and stainless steel. United Scrap Metal processes metal left over from manufacturing processes and material received from the public at its Chicago-area facility. Recovered scrap is then sold to mills, foundries, and other users. President and CEO Marsha Serlin founded United Scrap Metal in 1978.

Waukesha Foundry, Inc.

Waukesha Foundry, Inc.

Waukesha Foundry produces cast components in a variety of materials, including corrosion- and heat-resistant stainless steels, tool steels, and nickel- and copper-base alloys. Waukesha Foundry company also provides machining and fabrication services. Products include industrial furnace fittings, tooling, and parts for industrial equipment. Milwaukee private equity firm Facilitator Capital Fund owns Waukesha Foundry, which was founded in 1912. Facilitator Capital bought Waukesha Foundry company in 1999 and has expanded the business by buying other foundry operations and merging them into Waukesha Foundry.

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