COMPANY PROFILE 2017 Edition

www.mineraliindustriali.it/en

Minerali Industriali today

Minerali Industriali (MI) is an Italian independent mid-sized company, founded about 40 years ago, managed by

the two owner families and six top executives. MI at December 31st 2016 had around 550 employees, which half

of them in Italy and hundreds of sub-contractors working in non-strategic operations. MI produced more than 3.3

million tons of raw materials in 2016 and has mining concessions for an over 3.500h surface.

MISSION. Become a reference company in the following business activities:

- extraction, treatment and sale of raw materials such as sand, feldspars, clays and kaolin for glass,

ceramic, sanitary ware and paint factories; recycling and recovery of non-dangerous industrial

waste (www.mineraliindustriali.it/en);

- innovative products for sport and leisure sector (sport.mineraliindustriali.it/en);

- geological and mining research, design and implementation of plants and machinery for the

mining sector and the recovery of non-dangerous industrial waste (engineering.mineraliindustriali.it)

acting safely, respecting the environment and guaranteeing high quality, maintaining a strong long-lasting relationship with its customers, contractors and stakeholders with a sustainable development approach.

VISION. Boosting MI presence on global level and spreading a positive approach in several areas of the mining

sector. 1

Development strategy

Our continuous growth was achieved through the acquisition of already existing companies,

new projects, JVs and outsourcing agreements with key customers.

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ACQUISITIONS GREEN FIELD

PROJECTS JOINT VENTURES

OUTSOURCING

AGREEMENTS

EXAMPLES: EXAMPLES: EXAMPLES: EXAMPLES:

1994: Fondat (IT)

1995: Italmineraria (IT)

2007: Maffei (IT)

1994: Ecomin (IT)

1995: Sarda Silicati (IT)

2002: GMB (Brazil)

2013: ECOMINERALI

(Mexico)

2006: MIT (Tunisia)

2008: CS (Czech Rep.)

2009: LQS (UK)

2011: SM (Egypt)

2015: QT (Turkey)

2016: MMM (Mexico)

2001: MIB (Bulgaria)

2005: MS (Mexico)

2009: MRG (Guatemala)

2009: COMIND (Colombia)

Company structure

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Feldspar and

quartz for

glass and

ceramic

Minerali Industriali

holding

Minerali Industriali

Maffei Sarda Silicati

Sasil Czech

Silicates Lochaline

Quartz Sand

Minerali Industriali Bulgaria

Quartztech Minerali

Industriali Tunisia

Suez Company for

Minerals

Colombia Minerales

Industriales

Gruppo Minerali do

Brasil

Mineral Resources

de Guatemala

Mexican Silicates

Participation in Ecominerali Mexicana and Multi Mineral

Mill

Participation in Sea Gull

(Oristano) and TCO (Livorno)

Bernate (MI)

Boca (NO)

Cacciano (BI)

Finero (VB)

Gallese (VT)

Lozzolo (VC)

S. Severa

(Rome)

Sondalo (SO)

Verbania (VB)

Buddusò (OT)

Florinas (SS)

Orani (NU)

Ottana (NU)

Brusnengo (BI)

Krasno

Lochaline

Sevlievo

Ramovo

Kaspichan

Oueslatia

(plant)

Sousse (port)

Suez

Sibatè

Itupeva

Morungaba

Guatemala City

Tlaxcala

Zacatlan

Raw materials

for ceramic,

sports &

leisure, glass

and other

applications, and MI

engineering

Raw materials

for ceramic

and glass

Raw materials

and recovery

of glass scraps

Feldspar and

quartz for

glass and

ceramic

Silica sand for

glass

Feldspar and quartz for

bathroom ware

Silica sand for

glass

Silica sand for

glass and

ceramic

Feldspar for

glass and

ceramic

Feldspar and

quartz for

glass and

ceramic

Feldspar and

quartz for

glass and

ceramic

Rev. Marzo 2017

Feldspar, sands and quartz Feldspar and quartz Silica sand

Izmir

Quartz for e-stone

Markets

The main Group destination markets (according to the turnover) are:

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6% E-STONE

30% TILES

10%

SANITARY WARE

39% GLASS

6% MI ENGINEERING

2% MI SPORTS&LEISURE

7% VARIOUS INDUSTRIAL

APPLICATIONS

Main customers

We have established long-lasting and trustful business relationships with key customers

that we supply with products according to their specific requirements.

We are proud to say that some of our key customers decided to start Joint Ventures and

offered us to manage their mines and plants.

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Sport & Leisure: a wide range of products to be used in several

activities related to sports and leisure.

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Our natural and glass sands are perfect for building natural and synthetic playgrounds for

beach volley, tennis, horseback riding, golf and padel tennis.

Our products are also ideal for beach nourishment applications.

For more information please refer to the dedicated website: sport.mineraliindustriali.it/en

Engineering - Solution 360: From mine to final products.

One hundred of experience in the mining processing sector make MI the ideal partner for the treatment of non-metal ores.

Having more than 24 treatment plants all over the world, MI draws upon its know-how and experience to offer streamlined solutions which are based our experience as an industrial mineral producer rather than a mining machinery producer only. MI can offer treatment solutions for raw materials from the very first step, the geological survey of the deposit and analysis of the relevant samples, to the final implementation of the turnkey plant, going through

the engineering and design of each single treatment process. Our design team grants the best solutions for any kind of ore dressing: washing, grinding, drying, sorting, flotation, leaching, magnetic separation etc. MI can also support customers during the start-up phase and through personnel training.

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Phase 1: Geological Survey

Phase 2: Laboratory test

Phase 3: Industrial test

Phase 4: Layout definition & engineering

Phase 5: Dedicated turn-key solution

Phase 6: Customer care

For more information please refer to the dedicated website: engineering.mineraliindustriali.it

Production plants - Italy

Minerali Industriali’s presence relies on 13

production units in Italy, 4 in Europe, 3 in North

Africa and 7 in Central and South America; the

main activities are ISO 9001:2008 certified and

Maffei Sarda Silicati has obtained the excellence

certification (quality, environment, safety).

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For the sites of:

Bernate Ticino (MI), Cacciano (BI), Lozzolo

(VC), Novara (NO), Verbania (VB), Central

Laboratory in Cacciano (BI), Sondalo (SO).

Production plants in the world

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Selected mines and production plants

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Selected mines and production plants

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All the interventions of the environmental reclamation are joined by the contextuality of

the recovery with the activity of mining exploitation in order to limit the surface involved.

Environmental reclamation

As a sustainable family company we respect the value of nature and safeguard of the proper

restoration of the areas subject to mining exploitation. We constantly invest in environmental

reclamation projects in our mines and quarries (for more info www.leminierechevivono.it).

A few examples of the objectives of our activities of environmental reclamation, customized for

each site, are:

•creation of a suitable habitat for the reproduction of the local wildlife and birdlife;

•setting in safety/recovery to green/natural enhancement of degraded areas exploited by

previous mining activities before the acquisition of the site by the Group;

•improvement of the pedology characteristics of the fields interested in the reclamation

with consequent increase of the agricultural production;

•creation of pleasant areas to be given to local people through local organizations, such as

Tourist Boards;

•tourist enhancement.

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Research and development

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The R&D activity done by

MI is for internal use,

sometimes acts as third

parties and often in

collaboration with

Universities and

researches centre of other

companies.

Approximately 7% of the total turnover every year is invested in development projects researching new

technologies for the treatment of minerals, aiming to obtain raw materials specifically suited to customer needs.

Due to the technical expertise developed over years and also the continuous cooperation with institutions such as Engineering Schools and Universities, nowadays Minerali Industriali is able to offer great technological flexibility for the treatment of raw materials, thus enabling the design and supply of customized products. Minerali Industriali is researching the application of new raw materials to the industrial cycles of its customers, providing them with extremely important technological support.

During 2011 Minerali Industriali obtained the approval of three European projects called ‘LIFE’ series. For further information please refer to the relevant links to the dedicated websites:

www.unizeo.eu – www.sasies.com – www.sanitser.eu

New projects

Here are our plans for the future:

- starting Joint Ventures with key customers in other parts of the world, proposing a minority share with long-term supply contracts;

- developing sale activity of mining plants and machinery;

- development of the activity in Countries where the Group is already present to optimize fixed costs and make full use of the existing management;

- enhancement of Sondalo quartz, one of the best European deposits

for high-end uses such as solar panels, technologically advanced glasses and e-stone;

- evaluation of possible acquisitions and partnership in Italy and abroad.

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Minerali Industriali S.r.l.

Piazza Martiri della Libertà n. 4

28100 Novara – Italy

Tel. +39 0321 377 600 Fax + 39 0321 391 874

E-mail: info@min-ind.it www.mineraliindustriali.it/en

youtube.com/mineraliindustriali