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INTELLIGENT MINE - The Future of Mining. VIST Mining Technology. INTELLIGENT MINE. MISSION. Development of the First Robotized Mine in Russia. INTELLIGENT MINE. VALUE FOR CUSTOMERS. Increasing of mine fleet productivity by 15-20%.
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INTELLIGENT MINE - The Future of Mining VIST Mining Technology
INTELLIGENT MINE MISSION Development of the First Robotized Mine in Russia
INTELLIGENT MINE VALUE FOR CUSTOMERS Increasing of mine fleet productivity by 15-20% Allows to operate mining works at harsh climatic conditions and remote regions Solve problem with the lack of labor in mining regions Allows to decrease operation cost
INTELLIGENT MINE KEY DEVELOPMENTS Robotized mining equipment - Trucks - Excavators - Loaders - Dozers Control Center High Precision Navigation Wireless system
INTELLIGENT MINE WHAT IS DONE Mine fleet management system VG Karier is implemented on the key mining enterprises in Russia and CIS • 2010. Remote managed robotized mining truck based on BelAZ 75137 was successfully shown at BelazAutoworks • 2011 Intelligent mine section at Russian Academy of Sciences is established • On-board electronic systems developing • for mining trucks BelAZ and OMZ • mining excavators
INTELLIGENT MINE WORLD EXPERIENCE – GROWTH OF THE MARKET • Rio Tinto (mines in Pilbara, Australia), Komatsu project • 2009-2012 – 2 robotized mines Autonomous Mining System (Alberta Mining Corporation), Canada – Caterpillar project 2011-2015 - 8 robotized mines Codelco, Chile –Komatsuproject 2009-2011 - 1robotized mine WORLD EXPERIENCE 1 project isdone 2 projects aredeveloping
INTELLIGENT MINE COMPETITIVE ADVANTAGES Universal system – can be used in mining enterprises with every type of mining equipment Does not depend on type of used mining equipment (most of mining enterprises use combined mining equipment from different suppliers) • Lower price of the System (30-40%)
INTELLIGENT MINE MARKET
MARKET POTENTIAL CLIENTS Existing client of parent company (> 50 mining holdings) • Mining enterprises operating at harsh climatic conditions and remote regions World mining enterprises (Africa, Asia, Australia, South America) • Military and emergency applications
BUSINESS MODEL STRUCTURE
BUSINESS MODEL TODAY customers request and ready to buy parts of INTELLIGENT MINE system
VIST MINING TECHNOLOGY KEY FACTS 100% subsidiary of VIST Group – the leader in development and deployment of Mine Fleet Management Systemsin Russia and CIS > 50 employees inR&D department > 20 years in mining industry Government Award in field of Science and Technology Approved by ROSTEHNADZOR (officials) IPO plans on MICEX – 4th Quarter 2012. Most part of money will invest into developing and promoting Intelligent Mine
INVESTMENT PROGRAM 2012-2014 - $27-30 mln 40-50 % - self investments
FINANCE PLAN Growth rate Growth in 2012-2015 provides by: Number of Deployments Average price increasing Increasing of products supply to manufacturers of mining equipment Diversification of solutions for mining Income from Service and maintenance for customers Diversification CAGR 2012-15 years.: Growth rate*, mln RUR. Revenue+ 29% Net Profit EBITDA Revenue EBITDA Rate EBITDA+ 32% *Excluding Intelligent Mine NPV Net income+ 32%
VIST MINING TECHNOLOGY TEAM Dmitry Vladimirov CEO Awarded by Russian Government Price in field of Science and Technology Co-Founder of VIST Group In business since1988 Kliment Nikolaevich Trubetskoy Science consultant and leader, Phd, Academician, Awarded by Russian Government Price in field of Science and Technology, Member of RAC, Director of IPKON RAC NikolayOdintsev CTO, Phd, Awarded by Russian Government Price in field of Science and Technology In company since1997 AlexeyKlebanov Mining Technology Director Phd Awarded by Russian Government Price in field of Science and Technology Co-Founder of VIST Group In business since 1988 Dmitry Klebanov Business Development Director In company since2009 Mikhail Makeev Project Director In company since2006
VIST MINING TECHNOLOGY KEY PARTNERS OF THE PROJECT
CLIENTS ALL MAJOR MINING HOLDINGS IN RUSSIA AND CIS More then 50 companiesin 4 countries use our systems Our on-board equipmentsupplied toIndonesia, China, Latin America and other mining regions
THANK YOU! VIST Mining Technology 107078, Moscow, Dokuchaev per., h.3,/1 tel: (499) 975-3394, 975-2217, 975-2047, 975-3669 Fax: (499) 975-1846 www.vistgroup.ru Dmitry.klebanov@vistgroup.ru