Agenda

Day 1

9.00
Chairman’s remarks

9.10
Overview of the global nickel market: Supply, Demand, Prices

• Overall performance of global nickel market in 2011
• Pricing
• Future challenges and opportunities

Roman Panov, Head of International Production Asset, Norilsk Nickel, Russia

9.40
China NPI prospects in 2011 and beyond

• Production and supply status
• Investment in Nickel ore processing plants and technologies
• Where to buy nickel ore after 2014

Jiang Xingfang, President, Shanghai Tsingshan Mining Investment CO., LTD, China

10.10
Cunico Resources - from the Balkans to the Far East

Erez Ichilov, Deputy CEO, Cunico Resources N.V.

10.40
Q&A followed by Morning Tea

11.20
Stainless steel producer’s roundtable: Key drivers impacting nickel consumption and procurement

• Outlook for stainless steel grades
• NPI – long term solution?
• Will stainless steel producers consume less nickel due to the increasing popularity of low and nickel free steels?
• Procurement strategies being adopted

Panelists:
Jiang Xingfang, President, Shanghai Tsingshan Mining Investment CO., LTD
Wilfred Lee, Senior Economist & Consultant for Stainless steel & Alloy Steel Center for Steel Industry, POSCO Research Institute
Rajesh Khosla, President Director, Jindal Stainless, Indonesia
Robert Santurbano, General Manager, Italinox Vietnam Co., Ltd

11.50
China stainless steel market 2011 and beyond

• Stainless steel production and consumption in China
• Price movements in 2011 and reasons behind it
• Future demand and key drivers
• Price forecast

Sun Jianliang, Managing Director, Shanghai J. Sun Trading Consultants Ltd, China

12.20
Q&A followed by Lunch

2.00
Updates on Korea’s stainless steel market

• Stainless steel supply and demand in Korea
• Growth drivers for the industry
• Nickel demand and procurement strategies
• Future challenges and opportunities ahead

Wilfred Lee, Senior Economist & Consultant for Stainless steel & Alloy Steel Center for Steel Industry, POSCO Research Institute

2.30
Stainless steel producer’s perspective on India’s nickel market

• Demand outlook from various sectors
• Implications for nickel procurement
• Importance, and plans for securing supply

Rajesh Khosla, President Director, Jindal Stainless, Indonesia

3.00
Q&A followed by Tea break

3.30
What is the likelihood of nickel price in 2012 and beyond?

• Key drivers and influencers
• Can the market expect stability?
• What the forecast looks like

William Chin, Senior Manager, LME

4.00
Impact of nickel price on stainless steel markets

• The stokist perspective on stainless steel
• Nickel price, and implications for SS distributors
• Risk Management

Robert Santurbano, General Manager, Italinox Vietnam Co., Ltd

4.30
Q&A followed by close of day 1

Day 2

9.00
Chairman’s remarks

9.00
Indonesia – the future of Nickel production?

• Scope for interpretation of the new law, and enabling regulations
• Implications for mining contracts and supply agreements
• Tax, pricing and financing implications
• Export policy beyond 2014

Senior Representative, Ministry of Mines and Energy, Indonesia

9.40
Indonesian nickel producer’s perspective: A review of current nickel operations and projects

Burhan Tadjudin, Director, Bumi Makmur Selaras Group, Indonesia

10.10
Nickel project updates from Solway group

• Overview of the group business;
• Overview of nickel division of Solway Group:
• Pobugsky FeNi Plant, Ukraine;
• Aquila Nickel project, Indonesia;
• Fenix Nickel project, Guatemala;
• Nickel Division Development Strategy

Dmitry Privalov, President Director, / Head of New mining project department, Solway Management Indonesia / Solway Investment Group

10.40
Q&A followed by tea break

11.10
Updates from Sumitomo

Kimito IKEDA, Manager, Ferro Nickel Section, Sumitomo metal mining co., ltd

11.40
Challenges and opportunities of nickel mining in Indonesia

• Understanding Indonesia – opportunities and challenges
• Regulatory affairs and regional autonomy
• Stakeholder management and engagement
• Communication as risk management

Affan A. Alamudi, Partner, PT Royston Advisory, Indonesia

12.10
Q&A followed by Lunch

12.30
Lunch

2.00
Outlook on the Philippines Nickel industry – how to achieve investment success

• Government policies and regulation on mining sector
• Environment and sustainability issues
• Opportunities in nickel investment and processing

Jose P. Leviste, Director, Chamber of Mines of the Philippines

2.30
Nickel financing and investment opportunities globally

• Major projects
• Investment criteria
• Influence of market conditions

Karsten Fuelster, Senior Investment Officer, Infrastructure and Natural Resources Group (Oil, Gas and Mining)

3.00
Q&A

3.10
Panel discussion: Planning for new supply and further investment

• How sound are demand fundamentals
• Availability of credible market information
• Production planning – getting it right
• Appetite for new investment, and expectations from investors

Jiang Xingfang, President, Shanghai Tsingshan Mining Investment CO., LTD, China
Burhan Tadjudin, Director, Bumi Makmur Selaras Group, Indonesia
Roman Panov, Head of International Production Asset, Norilsk Nickel , Russia
Jose P. Leviste, Director, Chamber of Mines of the Philippines

3.40
The Growing issue of nickel ore shipping

• Specifications on flow moisture point (FMP) and the transportable moisture limit (TML)
• International Maritime Solid Bulk Cargoes (IMSBC) Code
• Ship-owners responsibilities
• Advise to cargo owners and ship-owners

Raymond Sun, Chief Representative, the American Club, China

4.10
Q&A followed by tea break

4.40
End of conference

Post-Conference Workshop

23 November 2011, 9am-12pm
Structuring, Drafting & Managing Risks in Mining Contracts

Course Outline
Mining agreements generally govern a relationship between the contract miner and project owner over a period of years, and the fees payable under these agreements can run into hundreds of millions of dollars. A failure to ensure, at the tender stage, that the drafting of the project’s contractual documentation is clear may cost the owner and/or the contractor millions of dollars over the life of the project. These losses can arise directly from claims being made under the contract [or otherwise] and indirectly from inefficiencies due to an adversarial environment created by misunderstandings on site. Appropriate planning at the tender stage can minimize these risks.

This half day workshop will take you through the crucial steps of structuring, drafting and managing risks in mining contracts to help you in achieving watertight contract in future.

• Overcoming current mining challenges with successful contract structure
• Understanding and managing legal aspects of mining contracts
• Practical strategies and tips to drafting a mining contract
• Managing risk and exposure in mining contracts
• Termination of contracts and dispute resolutions

Workshop Leader

Lian-Yok Tan
Partner
Holman Fenwick Willan LLP

Lian-Yok specializes in the development and financing of power, mining, oil, gas and other infrastructure projects in Asia. She has advised on development and financing of bauxite resources, the construction and financing of a ferronickel smelter and its associated power plant, the development of coal, pig iron and nickel resources in Indonesia. Lian- Yok has extensive experience in the mining industry and has worked on the largest transactions in this sector in Asia, including advising PT Recapital Advisors and its subsidiary, PT Bukit Mutiara, in connection with the US$ 1.48 billion acquisition of interests constituting 90% of PT Berau Coal.