GROWING ZINC PRODUCTION IN TURKEY March 2016 Certain statements in - - PowerPoint PPT Presentation

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GROWING ZINC PRODUCTION IN TURKEY March 2016 Certain statements in - - PowerPoint PPT Presentation

GROWING ZINC PRODUCTION IN TURKEY March 2016 Certain statements in this presentation may constitute forward looking statements which involve known and unknown risks, uncertainties and other factors which may cause actual results,


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GROWING ZINC PRODUCTION IN TURKEY

March 2016

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SLIDE 2

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Certain statements in this presentation may constitute “forward looking” statements which involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements in the Company to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. When used in this presentation, such statements use such words as “may,” “will,” “expect,” “anticipate,” “project,” “believe,” “plan” and other similar terminology. The risks and uncertainties are detailed from time to time in reports filed by the Company with the securities regulatory authorities, to which viewers of this presentation are referred for additional information concerning the Company, its prospects and the risks and uncertainties relating to the Company and its prospects. New risk factors may arise from time to time, and it is not possible for management to predict all of those risk factors or the extent to which any factor or combination of factors may cause actual rests, performance and achievements

  • f the Company to be materially different from those contained in forward looking statements. Given these

risks and uncertainties, investors should not place undue reliance on forward looking statements as a prediction

  • f actual results. There should not be an expectation that forward looking information will, in all

circumstances, be updated, supplemented or revised, whether as a result of new information, changing circumstances, future events or otherwise.

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SLIDE 3

Corporate Structure

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Silvermet Inc. Befesa Befesa Silvermet Turkey (BST) Befesa Silvermet Izmir Befesa Silvermet Iskenderun Triton

49% 51%

Befesa Silvermet Dış Ticaret

100%

Silvermet Malta

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Producing Zinc Company

  • No debt
  • Profitable and cash flow positive since 2010
  • 51 / 49 % Joint Venture with Befesa Zinc, Europe’s leading

steel waste recycler

  • Expansion of Iskenderun plant will double production and

free cash flow

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Befesa Zinc – Strong Operating Partner

Main Clients

  • 50% market share in

Europe in steel waste recycling

  • 8 Steel dust recycling

plants

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Befesa Bilbao Plant

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Current and Planned EAFD Recycling Plants

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Current and Planned EAFD Recycling Plants

MARZINC TURMEX CINKOM

BSI

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On the Ground

  • ISPAT
  • Canadian Embassy / Consulate
  • Turkish Embassy / Consulate
  • Canada-Turkey Business Council
  • Turkey-Canada Business Council (DEIK)
  • Export Development Canada
  • Law and Accounting firms
  • Regional Development Agencies
  • Organized Industrial Zones
  • Chambers of Industry / Commerce
  • Industrial Associations
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Iskenderun Plant

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Iskenderun Plant - Waelz Kiln

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The Zinc Cycle

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EAF Dust Zinc Coated Scrap Sheets, cars & Construction Galvanizing Mill EAF Zinc Smelter BST

Zinc Cycle Product Cycle

EAF Steel Mills Steel Dust Zinc Smelters Waelz Oxide

BST

Sale

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EAFD Recycling Process

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EAFD Recycling Process

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EAFD Recycling Process

14 Double Washed WOX Ferrosita EAFD

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Zinc Market

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Thank you for your interest!

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