D'Auteuil (Port of Sept-Iles)

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Iron Ore Short Course St-Johns, NL, October 31, 2012

Portrait of the Port of Sept-les


Strategically located at the entrance of the St. Lawrence

Great Lakes gateway and doorway to the hinterland for supplies (Northern Qubec & Labrador)

Portrait of the Port of Sept-les

Portrait of the Port of Sept-les


Port of importance in the network of strategic ports of the

Politique maritime et fluviale du Qubec (MTQ) and the Continental Gateway strategy of Canada Iron ore handling port in North America Largest aluminum handling in America
First port in North America - Green Marine

environmental program

Main Characteristics
30 M t
600 ships 85% exported, 15% imported Can accommodate the largest bulk carriers in North

America
Short-sea shipping know how: o Aluminum (Alouette Spirit barge) o Rail cargo (rail-car ferry) Connected to the north shore rail and CN

Main Characteristics
Economic and Social Reach $1 billion in annual economic spin-offs
Generates close to 4,000 direct and indirect jobs Contributes financially to over 45 regional community

organisations

Port of Sept-les Boundaries

Port Facilities City Sector

Port Facilities Pointe-Noire Sector

Close to a Quarter of a Billion Dollars Invested Over the Last Two Years
Optimisation (1 + 2) La Relance Terminal ($30 M + $14 M) CLM Construction Site ( over $170 M)

Cruise Ship Dock ($21 M)

Pointe-Noire Terminal ($10 M)

Optimisation Pointe-Noire Terminal ($9 M)

Location of Iron Ore Mining Sites (Qubec & Labrador)


NEW MILLENNIUM (4 + 22 MT) LABRADOR IRON MINES (6 MT) ADRIANA RESOURCES. (50 MT) CENTURY IRON MINES (26 MT)

CLIFFS QUBEC (8 MT)

COMPAGNIE MINIRE IOC (17 MT)

CLIFFS NATURAL RESOURCES MINES WABUSH (5 MT) ALDERON RESOURCE CORP. (8 MT) ARCELOR MITTAL MINES CANADA (15 MT) CHAMPION MINERALS (8 MT)

Total Projected Iron Ore Production Transported to Sept-les


Volume (millions de tonnes) 200 180 160 140
25.0 10.0 20.0 10.0 8.0 8.0 8.0 26.0 5.0 32.0 50.0

Port Metro Vancouver


120 100 80 60 40
12.0 16.0

10.0
29.0

15.0
5.0 32.0 16.0

20.0
5.0 32.0

20
19.7 17.0

6.0
21.0 25.0 28.0 30.0 30.0 30.0 30.0

2010 2011 2012 2013 2014 2015 2016 2017 2018 et futures

Clients actuels et autres

CLM

LIM

TATA/NML

ALDERON

CENTURY

CHAMPION

ADRIANA

Multi-user Dock

Multi-User Dock
Dedicated to the expedition of iron ore on a multi-user

basis Construction in phases :

o Phase 1:
o

50 MT; $220 M Phase 2: 50 MT Total: 100 MT

World class standard

Multi-User Dock
Concrete dock on steel piles filled with concrete

o Trestle:

560m long 15m wide

o Dock: 425m long 21 m wide o # 36 (rear): -16.5m* depth o # 35 (front): -20.7m* depth
Capacity available to increase each section of dock to

-20.7m and/or -25.3m* if needed 2 shiploaders of 8000 tph each


* zero tide

Schedule

Key Construction Dates Dredging begins Shiploader procurement Structure & civil works begin Completed Completed October 2012

Conveyor procurement
End of construction

February 2013
March 2014

Mobilisation

Civil works - cofferdam

In Conclusion
Growing rapidly unprecedented investment =$750 million (2010-2015).

Next ten years - booming iron ore market increase


200 M t / yr - making it the largest port in Canada Well underway - construction of world-class port

infrastructure

The Port of Sept-les is definitely a strategic key asset for Eastern Canada.

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