Minnesota Commitment | Global Opportunity
Investor Presentation
Minnesota Commitment | Global Opportunity
Project Highlights
Q1
Q2
Q3
Q4
PolyMet
Copper C1 Cash Costs (1)
Attractive
Economics
Robust demand for products
Timed to meet supply deficit
Long-life, low-cost asset
Expansion
Opportunity
Existing infrastructure
supports higher volumes
Mine plan represents 1/3rd
of existing M&I resource
441M tons inferred material
Exploration
Potential
High grade, near mine,
legacy intercepts
Untested strike to NE and
SW of ore body
Glencore Strategic Alliance
First Mover
in Duluth Complex
All key state and federal
permits (subj. to litigation)
~8B tons of mineralized
material in complex 2
1 Wood Mackenzie 2022 C1 by-product cost curve (Q3 2022).
2 Based on public file data (NRRI TR 2003/21) and public file company releases.
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POLYMET
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