MALACO GROUP

ASIA MALACO GROUP

Realising goals within a deadline

M A L A C O

G R O U P

Naturally

Resourceful

The Malaco Group is focused on obtaining key partnerships to further the development of the mining industry, while maximising shareholder returns in a sustainable manner Writer: Phoebe Calver

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M I N I N G

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R E S O U R C E S

ASIA

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M A L A C O

G R O U P

ore than ever it is becoming increasingly important for investors to find a sustainable business in which to make an investment, and with the help of advancing technology there is huge potential for businesses and investors to successfully collaborate.

The Malaco Group’s main objective at present is to procure and develop the profitability of the Company through partnerships such as those mentioned above.

At present the demand for raw commodities has been increasing, resulting in companies such as Malaco experiencing vast developments in the natural resource industry it operates within.

“The demand that is especially noticeable at present is what first attracted our attention to invest in mining and lead to the establishment of MMSB in 2004,” begins the Company on its website. “Through this development for the Group, we began to undertake mining projects in the Asia-Pacific region and focusing

especially on Malaysia and Australia.”

Following on from the successful projects the Malaco Group has undertaken over the years, it has recently welcomed new astute investors and business partners into the brand to invest in its work moving forward.

Malaco believes that in order to best achieve its corporate goals it needs to operate according to the principles of sustainable development, that is, to maintain access to capital, markets and resources, and to run profitably.

With thanks to its many years of experience within the industry, the Company has been able to formulate the following strategies to drive on its success.

“We have formulated strategies through the successful management of our mining activities that maximise profits,” explains the Company. “Throughout every stage of operations, we strive to achieve the highest standards, while also integrating socioeconomic, environmental and social considerations into every aspect of the business.”

DISCOVERY PARKS

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ustralia’s largest park owneroperator, Discovery Parks has a vast array of accommodation across 60 properties nationally. From modest beginnings in 2004 with just six parks, the Company has evolved to become a clear market leader, with an enviable business portfolio incorporating work stay, corporate and tourism holiday park accommodation.

The Company is extremely proud of its parks and their extraordinary diversity; from raw beauty in the heart of the Australian outback, relaxed waterfront living or outdoor adventure experiences within National Parks, all properties are comfortable, memorable and safe places for people of all ages and interests to enjoy.

We continue to invest in regional areas, specially designing and developing properties and training our people to go above and beyond the needs of workforce staff. Discovery Parks offer a comfortable environment with modern facilities that workers want to return to at the end of a long day.

Our workforce properties are located in specific regions, providing accommodation services where they’re most needed and can cater for small groups of 5-70 people as well as large workforces of 300+.

Housing choices include single rooms, cabins or motel style rooms and an additional mobile fleet of caravans, which are able to move between our network of parks meaning that workforce and mining camp needs can Xxxxxxxx xxxxxxxx xxxxxxxxxxx xxxxxxxxx be met with demand on short notice.

At Discovery Parks we’re focused on providing unique and memorable experiences for workers and we’re happy to offer specialised services upon request.

With strength in delivering exceptional customer experiences across a large national network, Discovery Parks is the reliable choice for people working away from home.

Contact Robyn Sefton E rsefton@discoveryparks.com.au www.discoveryparks.com.au

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DISCOVERY HAS YOU COVERED

DISCOVERY PARKS - ONSLOW - DINING HALL

The Discovery network is a range of WorkStay and Holiday Parks located in 60+ locations Australia wide.

Our parks offer unique solutions to accommodate the needs of travellers in and around cities as well as in regional or remote areas for both long and short stays.

We understand the unique needs and nuances of remote workforce teams and our facilities are purpose built to service groups from 5-70 people or large teams of 300 or more.

Our WorkStay team has a strong commitment to offering personal service geared specifically to the needs of people working away from home. To assist your business in managing travel expenses we customise packages that cover accommodation, all meals, laundry, gym, recreational facilities, car and heavy vehicle parking and any other particular needs.

At the end of a long work day, we know your team needs a comfortable, relaxed environment for rest and recovery.

CONSIDER US FOR:

• Outstanding recreational facilities

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• Flexible for all team sizes

• Delicious and nutritious rolling menus with on

• Remote village management services

and off site catering available

• 60+ properties Australia wide

For more information call 1800 134 033 or visit

www.discoveryparks.com.au

M A L A C O

G R O U P

Redeveloping projects

Malaco Mining Sdn. Bhd. was established in 2004, setting out with an original plan to redevelop a gold mine project in Lubuk Mandi, Rusila, which is located in the state of Terengganu. This was alongside plans to create an iron and copper mining and exploration project in the state of Pahang, Malaysia.

“We hold the rights to mining for the gold mine, which subsequently provides us with the right to recover fine gold from the old mine tailings as well as exploring, evaluating and exploiting gold and mineral resources,” adds the Company.

The aforementioned operation

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was closed in March, 2012 shortly after the mining contract expired.

The Company’s subsidiary group, Cermat Aman Sdn. Bhd. (CASB) was predominantly involved in iron and copper mining, as well as exploration activities of the Mengapur Project, located in Pehang since 2006.

“In 2012 we sold 100 percent of the equity interest to CASB, excluding the raw iron ore in the top soil which still remains ours,” continues the Company on its website. “At present we are engaged in the Mengapur Mine Oxide Iron Ore, while our shareholders remain involved in the Mount Cuthbert Copper Mine in Mount Isa, Australia, as well as Sungai Jabau Gold Mine in Pehang.”

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Strategic acquisitions

The Company has experienced highly affluent sales with thanks to its work with iron ore sales. After taking an off-take agreement with ZCM Minerals and Phoenix Lake in Pahang for the sale of raw iron ore from the Mengapur Mine, Malaco sold 7,195,387.84 tonnes of raw iron ore.

The Company adds: “At present the sale of raw iron ore is continuing at a rate of approximately 163,000 tonnes a month, totalling a gross value of RM 4.5 million.”

Continuing on with its aim to continuously find work on new projects, Malaco acquired a mining lease on 8 April, 2013. More than five

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years later work on the mine is still ongoing and is proving to be increasingly successful for the Group.

“Later on in 2013 we acquired Cape Lambert Leichhardt Pty Ltd, owners of the Mt Cuthbert copper mine located near Mt Isa in Australia,” states the Company. “This acquisition later on resulted in our name changing to Malaco Leichhardt Pty Ltd.” Many assets were gained through the purchase of the Company, including the established oxide open pit located at Mt Watson and is located only 30 kilometres north of the Leichhardt processing plant.

“There is still a huge amount of potential to be harnessed within this

R E S O U R C E S

processing plant, with a proven capacity of 9,000tpa of copper metal,” affirms the Company. “Looking forward we hope to increase the scale of projects located here, including access to roads, an airstrip, dedicated electrical power, grinding circuits, copper cathode processing plant and administration offices.”

Mining exploration

One of the most exciting projects that Malaco is currently involved in is the Leichhardt Copper Project, which is located approximately 100km away from Mount Isa. “The tenement package currently covers 856km2 and is made up of 50 granted exploration, mining and water

ASIA licenses,” explains the Company on its website. “There are a further 11 applications that we are yet to look into, as well as permits that will cover 496km2.”

The Mount Cuthbert Copper Mine is historically a proven successful copper producer, which brings with it an enviable reputation when it comes to producing LME grade copper cathodes. Over the years the mine has undergone numerous expansion phases, with the biggest and most successful completed in 2015.

“When it comes to our projects moving forward, we hope to continue to discover fruitful partnerships in the mining industry,” concludes the Company.

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Malaco Mining Sdn Bhd

Malaco Leichhardt Pty Ltd

28th Floor, UBN Tower,

Level 2, 80 King William St

No.10 Jalan P.Ramlee

Adelaide

50250, Kuala Lumpur

South Australia 50000

Malaysia, Letter Box: No.33

T: +61 8 8118 6050

T: +603 207 2 0184/0245

www.malaco.com.my/

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