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Century Iron Mines Corporation

An Introduction to an Emerging

Canadian Iron Ore Company

February 2012

TSX: FER www.centuryiron.com Sustainable Development

2 Century Iron Mines Corporation

Forward Looking Statement

Except for statements of historical fact, this presentation contains certain “forward-looking information”

within the meaning of applicable securities law. Forward-looking information is frequently characterized by

words such as “plan”, “project”; “intend”, “believe”, “anticipate”, “estimate” and other similar words, or

statements that certain events or conditions “may” or “will” occur. Forward-looking statements are based

on the opinions and estimates of management at the date the statements are made, and are subject to a

variety of risks and uncertainties and other factors that could cause actual events or results to differ

materially from those anticipated in the forward-looking statements. Factors that could cause actual

results to differ materially from those in forward-looking statements include market prices for metals, the

conclusions of detailed feasibility and technical analyses, lower than expected grades and quantities of

mineralization and resources, mining rates and recovery rates and the lack of availability of necessary

capital, which may not be available to the Corporation on terms acceptable to it or at all, changes in and

the effect of government policies with respect to mineral exploration and exploitation, the ability to obtain

required permits, delays in exploration and development projects and the possibility of adverse

developments in the financial markets generally, potential environmental issues and liabilities associated

with exploration and development and mining activities. The Corporation is also subject to the specific

risks inherent in the mining business as well as general economic and business conditions. The

Corporation undertakes no obligation to update forward-looking information if circumstances or

management’s estimates should change except as required by law. The reader is cautioned not to place

undue reliance on forward-looking statements. More detailed information about potential factors that

could affect financial results is included in the documents that may be filed from time to time with the

Canadian securities regulatory authorities by the Corporation.


678

57

735

246

981

151

532 683

475

1158

21

51 72

92 164

0

500

1000

1500

2000

2500

2001 2001-2011Growth

2011 2012-2021Growth (CRU)

2021 (CRU)

ROW China India

Global Crude Steel Growth Trend 2001 - 2021

850

640 1490

2303 813

Mtpa

Other

developing

economies 177

Developed

economies 69

Over the next 10 years:

The world will grow faster in the last

China will still grow 90% as much as the last

Developing economies will contribute over

90% of growth

Developing economies driving growth

Source: World Steel Association, CRU, Century


92 111 148

208 275

326

384 444

628 620

690

148 176 203

229

294 356

404 363

288 390

439

0

20

40

60

80

100

120

140

160

180

200

0

200

400

600

800

1000

1200

Tonne

Imported ore Implied domestic concentrate Spot Price

Spot price increasing with growing demand

US$13/t

Spot

price

CIF as

of Jan

2001

Spot

Prices

(US$)

Source: Index Mundi, Century

US$136/t

Spot

price

CIF as of

Dec 2011


$10 Billion in Canadian Iron Ore in One Year (Acquisitions, Investments, Expansions More to come)

1 2 3 4 Century Iron (FER) $240M investment by WISCO & MinMetals

5 Consolidated Thompson (CLM.TO)

$5B acquisition by Cliffs Natural Resources

12 Iron Ore Company (IOC) $1B expansion from 25Mtpa to 50Mtpa at Carol Lake

13 ArcelorMittal (MT)

$2.1B expansion from 25Mtpa to 50Mtpa at Mt. Wright

7 Tata (TTM)

$300M DSO, $50M+$5B Taconite investment at

Millennium Iron Range

9 Adriana Resources (ADI.V) $120M investment by WISCO

10 Baffinland Iron Mines Corp. (BIM.TO)

$600M investment by ArcelorMittal

11 Advanced Explorations Inc. (AXI.V) $50m+$1B investment into Roche Bay

TOTAL: $10.41 Billion +

Financial Highlights & Capital Structure

Financial highlights Sept. 30, 2011 March 31, 2011

Cash and cash equivalents $90,423,431 4,958.672

Exploration and evaluation assets $27,521,076 14,231,007

Capital structure

Shares outstanding 94,853,275

Warrants and options outstanding 8,000,822

Fully diluted 100,854,097

Share Price (Feb. 2, 2012) $1.85

Market capitalization $175 million

Share structure

Founding shareholders and management 55.12%

WISCO (approx. 25%) and MinMetals (5%) – Strategic Partners 30%

Public shareholders 14.89%

Total 100.00%



Corporate Vision

TO BECOME ONE OF CANADA’S LARGEST IRON ORE

PRODUCERS

Promising iron ore assets in Canada • Surrounded by established infrastructure

• NI 43-101-compliant resources approaching 1 Bt

• In a rich and expanding iron ore region with huge resource potential

China focus • 2 Global Fortune 500 strategic partners, securing:

- Stable access to the Chinese market through two of China’s largest end-users, importers and traders

- Future access to substantial production capital


Structure and Project Overview Corporate Structure Iron Ore Projects

Joint Venture

Champion

Minerals Inc.

(TSX: CHM)

Attikamagen

Project

40-49%

51-60%

(Note 2)

Minmetals

Exploration &

Development

(Luxembourg)

Limited S.à.r.l

WISCO

International

Resources

Development

& Investment

Ltd (PRC)

Approx.

5%

Approx.

25%

60%

Sunny Lake

Project

Duncan Lake

Project

Augyva Mining

Resources Inc.

(TSXV: AUV)

35-49%

100%

Four projects being

acquired from

Altius Minerals Inc.

(TSX: ALS)

100% (Note 3)

51-65%

(Note 1)

40%

Labrador Iron Mines Holdings Ltd. Projects

James Bay Area

Duncan Lake

Note 1: Currently a 51% interest with an option to increase to a 65% interest under an

option and joint venture agreement with Augyva Mining Resources Inc.

Note 2: Currently under an Option/JV Agreement with Champion Minerals Inc.

to earn up to a 51% then 60% interest

Note 3: On Sept 19, 2011, Century entered into an agreement with Altius Minerals Inc.

to acquire the 100% of four Altius properties under certain conditions.

Century Iron

Mines

Corporation

(TSX: FER)

3

3 1 2

4


WISCO

Profile

• Founded in 1955, now ranked #4 steel mill in China, #5 in the world

• 2010 crude steel output: 36.5Mt

• 2010 revenue: US$27.6B

• First Chinese mill to produce U-shaped sheet piles

• Controls 3Bt of overseas iron ore resources

• Seeking to diversify away from cartel

Deal Structure

• 25% equity in Century Iron

• 40/60 joint venture in three projects

• Off-take agreement: 40% share of production + 20% at market price

• Commitment to support debt financing of development through China

Development Bank

A CHINESE STEEL POWERHOUSE

MinMetals

Profile

• Founded in 1950, active in development, production, trading, operations, logistics, finance and real estate; particular expertise in laboratory analysis

• 2010: Ranked #9 in China’s Top 500 Manufacturers, #30 in China’s top 500 Companies

• 2009 revenues US$27B

• Major international transactions:

- C$6.3B Equinox acquisition offer, April 2011

- US$1.35B acquisition of Oz Minerals’ assets (2nd largest zinc producer and 3rd largest mining company in Australia, 2009)

- C$437M acquisition of Northern Peru Copper jointly with Jiangxi Copper, January 2008

Deal Structure

• 5% equity in Century Iron

• Off-take agreement: 10% of production at market price

A LARGE-SCALE AND DIVERSIFIED CHINESE SOE



A Winning Formula for Success

30% Chinese Strategic

Partners

70% Canadian & public

investors

40% Chinese SOEs 60-70% Chinese

off-take

Securing success

• Financial structure:

• Capex requirement to enter production of only 13%

• Balance funded by end-user/banker

• 60-70% of end product pre-sold

• Access to technical competence of major international companies with successful experience in mega-projects

• Maintaining majority interest in all projects

60% Century (TSX: FER)

Up to 70% financing by debt capital by end user/banker

Equity JV/Project Market

Accretive &

Equity enhancing


Century Iron Mines Projects

1

2

3

* The potential quantity and grade is conceptual in nature. There has

been insufficient exploration to define a mineral resource and it is

uncertain if further exploration will result in the target being delineated

as a mineral resource.

4

• DSO & Taconite Potential*

Altius Project (4)

Duncan Lake Project

• Magnetite

• 25.6 Mt Indicated + 5.7 Mt Measured

• 821.1 Mt inferred + 500 Mt Potential*

Sunny Lake Project


• On the same strike with NML & ADI

Attikamagen Project


• On the same strike with NML & ADI


Duncan Lake Iron Project

• 10 km south of LG2 regional airport

• 50 km south of Radisson

• LG1 & LG2 of Hydro Quebec within 100 km

• 120 km (approx.) from James Bay

• Highway 109 goes through the property

connecting Matagami and Radisson

Mineral Resource Estimate Summary

Resource

category

Million

tonnes

Grade

%

Measured 5.7 23.29

Indicated 25.6 23.84

Inferred 821.1 24.56

Potential * 500.0 -

Well-Established Infrastructure

Duncan

Project

* The potential quantity and grade is conceptual in nature. There has been insufficient

exploration to define a mineral resource and it is uncertain if further exploration will result in

the target being delineated as a mineral resource.


Duncan Lake – Exploration Programs

Magnetic Map of Duncan Lake Area

■ 99 claims

■ 4,615 hectares

■ 6 banded iron formation deposits identified along a 25km belt

• Roche Ltd.: completed environmental

scoping study; now performing

environmental baseline study

• On-going internal logistics study

• 2011 drilling program = 114 holes

drilled for 40,418 m

• 81 holes assayed and reported Dec.

19. 2011.

Completed Exploration Programs

In Progress

• 1973 drilling = 22 boreholes for

4,143m on deposits 3, 4, and 6

• 2008-2009 drilling = 52 holes

drilled for 10,461m

• Resource estimated by Met-Chem

• 51% JV and operator of the Duncan Lake Project

• Option agreement to earn up to 65%

Deposit 6


Duncan Lake – Exploration Update

News release dated December

19, 2011

Selected Composite Assay results

Duncan Lake Core* Grade

Hole No.

From

(m)

To

(m)

Length

(m) FE%

DUN-11-239 118.5 208.8 90.3 21.5

DUN-11-244 253.1 385.5 132.4 31.3

DUN-11-349 285.9 449.3 163.4 23.4

DUN-11-76 170.4 250.5 80.1 21.7

DUN-11-81 170.4 258.8 88.4 30.2

Total holes assayed: 82

* Core length are down whole length and not true widths of

the minerals zones.


Deposit

Tonnage (Mt)

Otherwise specified DTWR % Fe Head % Fe Conc. % Crude /

Concentrate M&I Inferred

Duncan -1 17.5 283.86 34.01 21.82 - 23.71 65.83 2.94

Duncan -2 5.83 78.8 38.77 27.40 -26.90 66.61 2.58

Duncan -3 154.72 31.08 24.83 68.93 3.22

Duncan -4 7.95 192.34 34.13 25.29 - 24.33 68.38 2.93

Duncan -5 32.77 25.35

Duncan -6 78.77 25.35

Other major Canadian magnetite / taconite deposits:

Range 2 to 4 Bt 1 to 2 Bt 26.00- 27.26 29.08 – 31.15 68.00 – 70.00 3.67 - 3.85

Duncan Lake – Grade & Recovery Analysis

• Final products from Duncan Lake will be iron concentrates and pellets

• Excellent grade, 65-69% Fe in final concentrate product

• Low silica content on Deposit 3 and 4 (coarser grains)

• Very low impurity (e.g. phosphorus and manganese in the concentrate)

• Good liberation, Davis Tube Tests resulting 85% passing 75 microns (200 mesh)

Head Assay WR

Deposit Samples FeT FeT SiO2 Al2O3 Fe2O3 MgO CaO Na2O K2O TiO2 MnO P2O5 Cr2O3 LOI

# Qty % % % % % % % % % % % % % % %

1 54 27.18 65.83 7.60 0.29 94.18 0.14 0.24 0.048 0.111 0.025 0.026 0.021 0.012 -2.87 34.01

2 57 31.01 66.11 7.11 0.27 94.58 0.24 0.11 0.038 0.122 0.035 0.015 0.024 0.014 -2.80 38.77

3 23 29.45 68.93 2.58 0.08 98.62 0.08 0.07 0.022 0.028 0.024 0.013 0.014 0.015 -2.46 31.08

4 10 27.11 68.38 4.61 0.12 97.83 0.07 0.08 0.027 0.053 0.020 0.017 0.019 0.014 -3.11 34.13

Total 144

In addition 42 tests on option 1

Concentrate AssaysLocation


Water Canada, particularly Quebec, enjoys

abundant water, which is important for

concentration operations

Electricity

Located near Hydro-Québec’s James Bay

Robert-Bourassa hydro-electric power

plant on La Grande River, the world’s 10th

largest, which will provide low-cost energy

for the project

ABUNDANT WATER AND ELECTRICITY IN THE AREA

Direct Benefits:

• Reduced cost of construction and operation of facilities to supply water and electricity

• Long-term competitive advantage for concentration and pelletizing operations

Duncan Lake – Global Competitive Advantage


Pipeline Solution in a

Well-Studied Area

• A planned 150km slurry pipeline1

between the hydro plant in

Radisson and the slurry receptor

plant on James Bay.

• Based on historic data and

compared with similar existing

pipeline systems in commercial

operations, the operating cost

is estimated at US$1.00~1.25 per

tonne2

• Plan Nord identifies a proposed

nearby deep-water port location

Note: 1) Where the pipeline crosses junctions or rivers, it will be constructed

above-ground with insulation or heat tracing techniques to reduce the negative

operational impact of extreme cold. 2) Based on publicly available sources and

management calculations.

Duncan Lake Project – Land Transportation

Robert-Bourassa, the world’s 10th -largest hydroelectric power plant

DUNCAN

PROJECT

LG1

LG2


Shipping Considerations

• Commercial shipping in Hudson Bay

has been well established for 70+ years

(e.g. Port of Churchill)

• James Bay water depths permit deep-sea

marine terminal for Capesize vessels, 80-

100 metres in Hudson Bay.

• Up to 150 days of ice-free shipping,

year-round shipping with ice class vessels

• Possible future direct North-West

Passage to Asia

Ongoing Studies

• Identified two locations for port site

• Extensive shipping study is underway

• Partnering with shipping and engineering

companies to work out logistic options

Duncan Lake Project – Oceanic Shipping


Schefferville Projects – Location and Geology

Central Section, Labrador

Trough

Knob Lake Group

Sokoman Iron Formation,

equivalent to Wabush Iron

Formation at South

Adrianna (WorldLink & WISCO)

New Millennium (Tata Steel)

Schefferville

Otelnuk

Deposit*

Labrador

Trough

Sunny Lake Project Lac Le Fer Section

Attikamagen

DSO Projects: Tata Steel investing

up to C$300m

Sunny Lake Project Rainy Lake Section

Century’s

Projects

LabMag*

KéMag*

MI&I 6.26 Bt @

29.16% Fe (average)

MI&I 3.46 Bt @ 31.24% Fe (average)

MI&I 5.13 Bt @ 29.4% Fe (average)

PROVEN CLASSIC IRON FORMATION IN A MINING CAMP

* Information regarding reserves, resources and production capacity are from management and publicly available sources including press releases and NI 43-101 technical reports filed on

www.sedar.com. Century has not confirmed the resource and reserve data and cannot be relied upon.

Joyce Lake: DSO

Prospect 3: DSO

Full Moon: Taconite

http://www.sedar.com/


MAGNETIC ANOMALIES IN RAINY LAKE/LAC LE FER AREA

• 530 mineral claims, covering 25,692

hectares in Labrador Trough region

• On strike from KeMag LaMag deposits

(8-9Bt) to the south and Lac Otelnuk

(6Bt) to the north.

• Volumetric Estimates (“MVE”) and

Taconite Tonnage Potential Estimates*

(“TTPE”) were also carried out resulting

in a TTPE to a depth of 250m of

between 9.98 to 20 Bt in the area

• Rainy Lake – in 2011 drilled 31 holes

6,387m [31 holes assayed and

reported]

• Lac Le Fer -- in 2011 drilled 2 RC* holes

198m and 5 DDH** holes 627m

*RC – Reverse Circulation

**DDH Diamond Drilling

Sunny Lake Iron Project

Rainy Lake Section (pg. 23)

Lac Le Fer Section

* The potential quantity and grade is conceptual in nature. There has been insufficient exploration to define a mineral

resource and it is uncertain if further exploration will result in the target being delineated as a mineral resource.

Feb 1, 2012 Press Release


Sunny Lake – Rainy Lake Section

GEOLOGICAL CROSS SECTION OF FULL MOON TARGET

2.75km

EOH: 364m

EOH: 196m


Sunny Lake – Rainy Lake Section (Full Moon)

News release dated December 6, 2011

Selected Composite Assay results Rainy Lake [Full Moon]

From To Core* Grade

Hole No. (m) (m) Length (m) FE%

RL-11-0001 75.5 318.0 242.5 27.9

RL-11-0002 30.9 372.0 341.1 28.4

RL-11-0003 24.2 248.0 223.8 30.2

RL-11-0004 27.0 228.4 201.4 28.4

Total holes assayed: 8 * Core lengths are down whole length and not true

widths of the minerals zones.

News release dated January 17, 2012

Selected Composite Assay results

Rainy Lake [Full Moon]

From To Core* Grade


RL-11-0801 67.2 304.0 236.8 30.1

RL-11-0401 5.4 323.6 318.2 29.5

RL-11-0402 4.5 269.4 264.9 31.0

RL-11-0404 15.0 267.0 252.0 30.3

RL-11-0004 13.0 285.4 272.4 30.4


Latest Large Taconite Discovery


Sunny Lake – Lac Le Fer Section (DSO Potential)

Prospect #2 Prospect #3

Sample Fe % Mn %

SiO2

% Sample Fe %

Mn

%

SiO2

%

5376 48.6 0.05 31.82 5383 56.4 0.36 15.1

5377 41.1 0.06 35.92 5384 59 0.08 15.42

5378 46.9 0.11 22.28 5385 59.5 0.11 13.9

5379 46.6 0.05 31.78 5386 41.4 0.25 37.48

5380 48.5 0.69 31.68 5387 67.1 0.22 1.88

5381 59.7 0.14 2.76 5388 58.4 0.11 10.65

Prospect #4 5391 50.8 0.55 23.4

9957 66.8 0.3 2.06 5392 63.8 0.22 5.91

9958 55.8 0.06 18.54 5394 57.7 0.17 14.08

Prospect #5 5395 59.4 0.11 13.12

9759 43.3 0.21 34.9 5396 58.8 0.22 4.03

9760 43.5 0.03 35.61 5397 63.3 0.17 6.06

9761 60.2 0.06 11.52 5398 62.1 1.83 5.34

9762 58.8 0.24 13.87 5399 57.6 0.28 14.24

Prospect #6 5400 42.8 4.32 28.43

9763 44.9 2.88 34.02 9751 61.2 2.67 6.98

9764 61.5 0.12 7.93 9752 67.4 0.1 2.27

9765 23.8 0.24 59.9 9753 66.6 0.23 3.46

9766 38.3 0.12 40.51 9961 63.1 0.28 7.72

9767 61.5 0.21 2.67 Fe samples > 55%*

9768 56.7 0.09 10.09

* Assay results from 1951 exploration

program (M. Tremblay)


Sunny Lake – Lac Le Fer (Hole LLFP3-11-004)

Prospect #3

Sample Fe %

Mn

%

SiO2

%

5383 56.4 0.36 15.1

5384 59 0.08 15.42

5385 59.5 0.11 13.9

5386 41.4 0.25 37.48

5387 67.1 0.22 1.88

5388 58.4 0.11 10.65

5391 50.8 0.55 23.4

5392 63.8 0.22 5.91

5394 57.7 0.17 14.08

5395 59.4 0.11 13.12

5396 58.8 0.22 4.03

5397 63.3 0.17 6.06

5398 62.1 1.83 5.34

5399 57.6 0.28 14.24

5400 42.8 4.32 28.43

9751 61.2 2.67 6.98

9752 67.4 0.1 2.27

9753 66.6 0.23 3.46

9961 63.1 0.28 7.72

Fe samples >

55%*

* Assay results from

1951 exploration

program (M. Tremblay)

Over 45m of 62.67% Fe in mineralization

M. Tremblay (1951 IOC exploration report GM08230):

“This area is of the utmost importance to the

company as it is the extension of the

enrichment zones of Trough and Bruin Lakes.”

“This is the glory of the summer’s work. An ore

band extend over 1000’ in length and with a

width of 128’ in one cross-section was outlined

by pitting.”


• Up to 60% joint venture with TSX-listed

Champion Minerals Inc.

• Early-stage exploration property: 1,022

mining claims, approx. 34,348 hectares in

the Labrador Trough region (net 20,609

hectares to the company)

• Thin overburden with visible outcrops

• Hayot Lake – 2010: drilled 6 holes 561m

2011: drilled 41 holes totalling 5,725m = 47

holes and 6,286m total to date

• Joyce Lake – 2010: drilled 4 holes, 362m

2011: drilled 40 holes, 5,159m = 44 holes,

5,521m total to date

Attikamagen Iron Project


Attikamagen – Joyce Lake Section

EXPLORATION UPDATE News release dated July 6, 2011 Selected Composite Assay results

Joyce Lake From To Core* Grade


JOY-11-06 3 142 139 52.80

includes 96 138 42 64.19

JOY-11-07 12 93 91 52.46

includes 12 54 42 65.26

JOY-11-09 2 126 123 46.64

includes 9 18 9 61.26

and 54 69 15 64.80

Total holes assayed: 4 * Core lengths are down whole length and not true widths of the

mineral zones.

News release dated December 8, 2011

Selected Composite Assay results Joyce Lake From To Core* Grade


JOY-11-10 3 123 120 42.63

includes 66 78 12 67.70

JOY-11-12 3 156 153 45.12

includes 129 156 27 60.15

JOY-11-14 3 63 60 45.68

includes 15 30 15 64.47

JOY-11-23 2 129 127 50.65

includes 48 81 33 61.15

and 102 114 12 66.28



Attikamagen – Hayot Lake Section

News release dated July 6, 2011 Selected Composite Assay results

Hayot Lake Core* Grade

Hole No. From (m) To (m) Length (m) FE%

HAY-10-06 11.8 104.4 92.6 31.59

HAY-10-07 71.2 163.1 91.9 32.34

HAY-10-08 12.8 109.5 96.7 32.46

HAY-10-09 102.0 232.0 130.0 31.55

HAY-10-10 86.7 197.6 110.9 32.30


* Core lengths are down whole length and not true

widths of the minerals zones.

News release dated December 8, 2011 Selected Composite Assay results Hayot Lake Core* Grade

Hole No. From (m) To (m) Length

(m) FE%

HAY-10-16A 27.0 160.9 133.9 33.52

HAY-10-18 151.4 300.7 149.3 33.15

HAY-10-28A 19.9 149.0 129.1 32.16

HAY-10-30 8.0 137.0 129.0 32.98

HAY-10-32 3.0 161.0 158.0 31.17


EXPLORATION UPDATE

Shipping From Canada to Asia


Transportation – Iron Projects in Labrador Trough

Sept-Iles

Pointe-Noire

Port-Cartier

Ross Bay

Junction

Mont-Wright

Labrador City

Schefferville

Sunny Lake

Attikamagen

Railway Distance:

Schefferville to Ross Bay Junction: 217 km

Ross Bay Junction to Sept-Iles: 356 km

Labrador City to Ross Bay Jct: 58 km

Mont-Wright to Port Cartier: 400 km 0 50 100 km

Adriana

(WISCO)

• Existing Railway, in operation for

more than 50 years, is the

transportation facility for iron ore in

Eastern Québec and Labrador

• Major railways in operation include

QNSL and Cartier

• QNSL – Common Carrier, 573km

long, connecting Schefferville with

the Port of Sept-Iles

• The shortest route from

Attikamagen to Schefferville is

approximately 15km


Port of Sept-Iles

• Located on the Gulf of St.

Lawrence

• Largest iron ore exporting port

in Canada - 25.1Mt in 2010

compared to 19.2Mt in 2009

• Port Zone consists of a 10 km

sheltered port zone, with a

natural ocean basin for ships

up to 400,000 dwt

• Main port is over 23.2 m in

depth

• Accommodates Capesize or

larger vessels

• Fully equipped, can be

operated year-round

• Mainly used by iron ore

companies in Québec and

Labrador.

Alumina

Plant

Multi user Berth

By Port of Sept Iles

• Natural shelters, deep water for

year round access by iron ore

ships

• Ability to expand as required

0 500 m

IOC Port


Principal/Management Competence

• Successful business builders and value creators

• Resources of strategic partners WISCO/MinMetals available

Technical Competence

• WISCO/MinMetals, world-class operators in the business

Advanced Exploration and Development Funding

• Fully funded beyond BFS for most advanced project

• Fully funded to build out additional resources

Production Capital and Financing

• WISCO/MinMetals strategic partnership

• Successful capital market fundraising

Solid Fundamentals


Century Iron Mines Corp.

Bob Leshchyshen

VP, Corporate Development and IR

(416) 977-3188 Ext. 109

[email protected]

CHF Investor Relations

Robin Cook

Senior Account Manager

(416) 868-1079 Ext. 228

[email protected]

Contact Information

mailto:[email protected]

mailto:[email protected]


Appendix

0

20

40

60

80

100

120

140

160

180

200

Jan-8

2

Fe

b-8

3

Mar-

84

Apr-

85

Ma

y-8

6

Jun-8

7

Jul-88

Aug-8

9

Sep-9

0

Oct-

91

No

v-9

2

De

c-9

3

Jan-9

5

Fe

b-9

6

Mar-

97

Apr-

98

May-9

9

Jun-0

0

Jul-01

Aug-0

2

Sep-0

3

Oct-

04

No

v-0

5

De

c-0

6

Jan-0

8

Fe

b-0

9

Mar-

10

Apr-

11

US$

China CIF Iron Ore Fines 62%FE Spot Price in US$


Spot Price of The Cheapest Base Metal: Iron Ore

The phenomenon of a base metal

with a fast growing demand side

of low industry concentration

against

a supply side of very high

industry concentration

Source: Index Mundi

0.0

50.0

100.0

150.0

200.0

250.0

31-Dec 31-Jan 29-Feb 31-Mar 30-Apr 31-May 30-Jun 31-Jul 31-Aug 30-Sep 31-Oct 30-Nov 31-Dec 31-Jan

62% FE CIF Spot Price in US$/t

FE 62% US$/t

US$/t


• Sharp price drop, due to China’s tight liquidity policy and European debt crisis,

proved unsustainable

• Destocking, not market collapse

• Restocking- driven rebound

• Soft landing: Chinese fundamentals drive strong demand

Recent Iron Ore (62% Fe) Spot Price Trend

Source: Index Mundi


Global Steel Production 2011 46% CHINA GROWTH STILL LEADS GLOBAL MARKET

Source: GFI, Century Iron Mines

2011 YoY% 2010 YoY% 2009

Total global crude steel production 1,490,060 7.56% 1,413,596 17.26% 1,219,715

China 683,265 9.03% 626,654 10.36% 567,842

Ex-China 806,795 2.52% 786,942 20.72% 651,873

European Union 177,431 2.62% 172,906 24.26% 139,143

Italy 26,603 11.31% 25,751 30.47% 19,737

Turkey 30,991 17.59% 29,002 14.61% 25,304

France 15,777 2.34% 15,416 20.10% 12,836

Germany 44,288 1.08% 43,815 34.11% 32,671

Ukraine 32,516 5.28% 33,559 12.78% 29,757

United States 79,197 7.01% 80,594 38.62% 58,142

Brazil 32,473 7.14% 32,820 23.82% 26,507

Iran 11,953 8.71% 11,995 10.32% 10,873

India 66,056 8.01% 66,848 18.09% 56,608

South Korea 62,496 17.14% 58,453 20.28% 48,598

Taiwan, China 20,351 15.37% 19,641 24.73% 15,747

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