SORSKY GOK LLC

Sorsky Mining and Processing Plant (Sorsky GOK) produces and sells copper and molybdenum concentrate. The proven reserves of the Sorskoye deposit amount to about 58.1 million tons of proven reserves of molybdenum ore, forecasted reserves are 140.3 million tons. According to the technical report prepared by SRK, with a processing volume of 10 million tons per year, the estimated life of the Sorsky GOK is 20 years.