1 The HIsmelt® Process: Agenda - ABM

1 The HIsmelt® Process: Agenda - ABM 1 The HIsmelt® Process: Agenda - ABM

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Inherent Phosphorus Removal Conditions in the SRV• SRV process conditionscreate the driving force topartition phosphorous to theslag• Oxidizing potential of the topspaceand slag combinationcreates the driving force~5% FeO in slagP driven to slag byoxygen potential© HIsmelt Corporation 2008Higher Quality Iron: Low phosphorus in metal0.250.200.20Ore Phosphorus ContentMetal Phosphorus Content%0.150.100.12 0.120.050.02Phosphorus partitionsto the slag:0.00Blast FurnaceHIsmelt- CaO/SiO2 1.25 – 1.30%- FeO x 4– 6 %- MgO 7 – 9 %- Al 2 O 3 14 – 16 %- P 4 O 10 1.0 – 1.4 %Source: HIsmelt slag analysis 2007© HIsmelt Corporation 200810

HIsmelt Kwinana Plant Update© HIsmelt Corporation 2008First HIsmelt Commercial Facility• Located in Kwinana, Western Australia• Capacity of 800,000tpa• High quality merchant pig iron• Experienced Joint Venture Partners:– Rio Tinto 60%– Nucor 25%– Mitsubishi 10%– Shougang 5%© HIsmelt Corporation 200811

HIsmelt Kwinana Plant Update© HIsmelt Corporation 2008First HIsmelt Commercial Facility• Located in Kwinana, Western Australia• Capacity of 800,000tpa• High quality merchant pig iron• Experienced Joint Venture Partners:– Rio Tinto 60%– Nucor 25%– Mitsubishi 10%– Shougang 5%© HIsmelt Corporation 200811

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