International Mineral and Resources Forum 2009 September 29-30, Seoul, Republic of Korea Marcelo Ribeiro Tunes - Brazil

IBRAM- Brazilian Mining Association Non-profit private organization that represents the Brazilian Mineral Industry; Founded in 1976; Congregate 182 companies [mining and non-mining]; Represents more than 85% of the Brazilian Mineral Production (US$ 28 billion in excluding oil and natural gas )

IBRAM- Brazilian Mining Association Goiás Rio Grande do Sul Minas Gerais Bahia Pará Offices in Brazil Head Office Brasilia

The Mining Industry in the World

Mining Geography of the World

Brazil in the World GDP > 600 billion US$ Area > 5 million Km² Pop > 150 million Russia USA BRAZIL China Canada Austrália Germany Spain Italy South Korea France Netherlands United Kingdom Mexico India Japan Indonesia Pakistan Republic of Niger Bangladesh

The top first 5 Economies Comparison today and a projection of year US$ trillion $80 $70 $60 $50 $40 $30 $20 $10 $0 ChinaUSIndiaBrasilRusUSJapão Ger ChinaUK Source: Goldman Sachs, september 2008

China: a force in the market of mineral commodities 1º 2º Iron ore 60% 50% 40% 30% 20% 10% 0 CoalSteel AlCuNi Oil

Mining and its importance in Brazil

Evolution of the Brazilian Mineral Production - Value in US$ Billion Variation 2000/ % Variation 2000/ % 2008 = US$ 28 Billion Not included oil and gas Years

Brazilian Status on the Mineral Global Market Exporter Global Player Exporter Self Sufficiency Importer/ Producer Importer Niobium (1st) Iron Ore (1st) Bauxite (2nd) Manganese (2nd) Graphite (3rd) Crysothile (4°) Tantalum (2nd) Dimension Stone (4°) Nickel Magnesium Kaolin Tin Vermiculite Chrome Mica Limestone (cement) Industrial Diamond Titanium Gold Tungsten Talc Zinc Phosphate Zirconite Diatomite Potash Copper Metallurgic Coal Sulfur Rare Earth Elements

The importance of mining in the Jobs Creation MULTIPLIEREFFECT1:13 Fonte MME Employment Generation First Transformation Total Suppliers Mining Industry Generates 2 million direct jobs in the country (161,000 being the mining industry) Data 2008

Mineral Trade Balance % of the overall Brazilian Trade Balance

Main Products Imported and Exported US$

Major Regions with Mineral Deposits Criciúma Coal Castro Talc Araxá Niobium Quadrilátero Ferrífero Iron, Gold, Manganese and Bauxite Espírito Santo Dimension Stones Pedra Azul-Salto da Divisa Graphite Sergipe Potassium Brumado Magnesite Carajás Iron, Gold, Copper, Nickel and Manganese Paragominas Aluminium Presidente Figueiredo Tin Rondônia Tin Itaituba Gold Urucum Manganese e Iron

Investment in Mining Sector from 2009 to Evolution of forecast investment in the Mining Sector US$ billion

Investment in Mining Sector from 2008 to 2012 US$ 57 billion New investments in the Mining Sector from 2009 to 2013 US$ 47 billion Investment in Mining Sector from 2009 to 2013 Iron Nickel Alumina Bauxite Aluminium Phosphate Copper Gold Aggregates Zinc Niobium Kaolin

Increases in Mineral Production until 2013

Mining Projects in Brazil continued

Mining Projects in Brazil

New Challenges Mining in Indian Land Indigenous Areas: 13% of National Territory 25% of the Amazon Mining Process Indigenous Areas

New Challenges Brazilian Continental Plataform Aggregates Gold Diamond Mineral Coal Phosphate Cobalt Others

New Challenges Flexibility of Monopoly - prospecting and mining of Nuclear Ores Brazil has only 30% of the territory prospected, making the country ranked as the 7th richest nation in the world in uranium. Currently the country with 310 thousand tons, but there are estimates that Brazil has more than 800 thousand tons, which will bring the country to the second or third largest reserves in the world.

THANK YOU Mr. Marcelo RibeiroTunes Director of Mining Affairs