Transcript EMPS CORPORATION

Company Overview
Bekem Metals, Inc., USA
324 South 400 West, Suite 225
Salt Lake City, UT 84101
T: 801 746 5635
F: 801 746 3701
Bekem Metals, Inc., Kazakhstan
170 Tchaikovsky Str., 4th Floor
Almaty, Kazakhstan
T: +7 3272 582 386
F: +7 3272 582 941
FORWARD LOOKING INFORMATION AND CAUTIONARY STATEMENT
We note that certain statements set forth in this presentation
which provide other than historical information and which are
forward looking, involve risks and uncertainties that may impact
our actual results of operations.
Forward looking statements are predictions and not guarantees of
future performance or events. The forward- looking statements are
based on current industry, financial and economic information,
which we have assessed, but which by nature are dynamic and
subject to rapid and possibly abrupt changes.
Our actual results could differ materially from those stated or
implied by such forward looking statements due to risks and
uncertainties associated with financing and implementation of our
technology.
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Highlights
Ni and Co world markets
 Company Milestones
 Deposits
 Resources
 Kaznickel
 KKM
 Processing technology
 Management

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Nickel World Market



World Ni production
1998-2005
USGS
1,80
tons, million

Ni world market represents
$46 bln. industry (USGS)
Average Ni price in 2005 $14,732 per ton ($6.68/lb),
Jan-June 2006 - $17,360 per
ton ($7.88/lb)
Recent LME price - $33,400
per ton ($15.16/lb)
4% forecasted yearly demand
growth through 2010
According to INCO, second
largest Ni producer in the
world, to meet growing world
demand there is an additional
need for 60,000 tons of Ni per
year
1,60
1,50
1,40
1,20
1,33
1,34
2001
2002
1,40
1,40
2003
2004
1,25
1,14
1,12
1998
1999
1,00
2000
2005
Average Ni prices
1998-2005
LME
$ pet ton

16 000
14 000
12 000
10 000
8 000
6 000
4 000
2 000
-
13 852
14 733
9 640
8 641
6 772
6 027
4 617
1998
1999
5 948
2000
2001
2002
2003
2004
2005
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Cobalt World Market


World Co production
1998-2005
USGS
65 000
55 000
47 600 48 400
45 000
tons

Co world market
represents $2 bln. industry
(USGS)
Average Co price in 2005
$35,248 – $37,658 per
ton ($16.0 - $17.1/lb), JanJune 2006 - $29,334$32,946 per ton ($13.32$14.96/lb)
Current average spot price
- $39,400 - $45,194 per
ton ($17.88 - $20.50/lb)
4% forecasted yearly
demand growth
35 000
26 300
29 900
33 300
52 400 52 400
36 700
25 000
15 000
5 000
1998
1999
2000
2001
2002
2003
2004
2005
Average 99.3 % Co mean prices
1998-2005
60 000
51 789
50 000
$ pet ton

40 000
39 027
33 410
30 000
35 249
29 544
21 564
21 331
20 000
15 078
10 000
1998
1999
2000
2001
2002
2003
2004
2005
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Location
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Company Milestones
Reverse acquisition of OTCBB company (01/05)
 Listing on OTCBB under BKMM symbol (02/05)
 Increased license territory at KN (10/05)
 Acquisition of KKM property (10/05)
 Commencement of Pilot Plant construction (12/05)
 Successful Private Placement (06/06)
 Completion of Pilot Plant construction and its successful
testing (09 -- /06)

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Bekem Metals, Inc.
An independent mining company engaged in exploration
and development of nickel, cobalt and coal deposits in the
Republic of Kazakhstan

Deposits located in Northeast and Northwest regions of
Kazakhstan

U.S. reporting company traded on OTCBB under symbol
BKMM


Offices in Salt Lake City, USA and Almaty, Kazakhstan
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Deposits
Kazakhstan
Kaznickel LLP
- Gornostai cobalt and nickel ore deposit
- Contract #1349 with a term through 2026
KKM LLP
- Kempirsai group of cobalt and nickel ore deposits
- Licenses series MG ##420, 425 and 426 with a term
through 2011
- Mamyt brown coal deposit
- License series MG # 9-D with a term through 2018
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Resources

37.3 million tons of ore (A+B+C1+C2)*


239,586 tons of Ni
15,658 tons of Co
1,027,700 tons of Ni (P1)*
 597 million tons of brown coal (A+B+C1)*
 All deposits are open pit with mining depth of 50 meters

* FSU classification not equivalent to SEC classification
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Kaznickel
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Kaznickel: Gornostai ore deposit
Bisected by navigable Irtysh river into North and South
sections
 21 ore bodies on South section and 2 ore bodies on North
section
 Drilling minimum of 17,500 meters planned for 2006
 Open pit with max depth of 50 meters on South section
 High voltage power lines run next to deposit (110 and 220
Kv)
 Qualified personnel with multiyear experience

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Kaznickel: Gornostai SRC* Resources
Category
Tons
Ni%
Co%
Ni (tons)
Co (tons)
South section
Ni (Co)
C2
28,370,474
0.85
0.059
173,182
11,983
P1
38,531,125
0.85
0.059
427,700
16,832
North section
Ni (Co)
Total
P1
53,913,199
1.55
0.061
600,000
23,613
C2
28,370,474
0.85
0.059
173,182
11,983
P1
92,444,324
1,027,700
40,445
C2+P1
120,814,798
1,200,882
52,428
SRC: State Reserves Committee of the Ministry of Energy and Mineral Resources of the Republic of Kazakhstan;
not equivalent to the SEC classification
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KKM
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KKM: Kempirsai group of deposits
National railway runs through deposits
 Own railway spur
 Developed infrastructure, including heavy machinery
(excavators, bulldozers, cranes, hauling trucks, rail yards,
railway engines, etc.) and engineering shops
 Open pit with max depth of 30 meters
 High voltage power lines run next to deposit (110 and 220
Kv)
 Qualified personnel with multiyear experience
 Current equipment allows extraction of 500,000 tons of ore

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KKM: Kempirsai SRC* Resources
Category
Tons
Ni %
Co %
Ni (tons)
Co (tons)
Kara-Obinskoye deposit
Kara-Obinskoye allotment
Ni (Co)
С1
7,375,000
1.09
0.066
52,800
3,214
С2
332,000
1.19
0.07
2,600
152
0.041
4,200
87
6,804
222
66,404
3,675
Stepninsky allotment
Ni (Co)
С1
476,000
1.29
Novo-Shandashinskoye deposit
Ni (Co)
С1
724,000
Total
C1+C2
8,907,000
1.38
0.045
SRC: State Reserves Committee of the Ministry of Energy and Mineral Resources of the Republic of Kazakhstan;
not equivalent to the SEC classification
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KKM: Mamyt brown coal SRC* resources
Category
Tons
Mamyt deposit
Brown coal
Total
A
265,842,000
B
118,242,000
C1
213,828,000
597,912,000
Largest in Western Kazakhstan
 Calorific value: 3,830-6,369 kcal/kg (6,890-11,460 Btu/lb)
 Will be used as energy source for processing technology
 Plans to utilize thermal processing technologies to produce
semicoke
 Plans for construction of power plant on the site

SRC: State Reserves Committee of the Ministry of Energy and Mineral Resources of the Republic of Kazakhstan;not
equivalent to the SEC classification
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Processing Technology
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Unique technology:
Hydrochlorination of oxidized nickel ores
Hydrogen chloride used to chlorinate ore
 Sublimation of Ni and Co chlorides at 1,050-1,100 ºC
 93% Ni and 88% Co extraction rates at lab tests
 Environmentally safe – hydrogen chloride reused in closed
cycle
 Lower operational costs compared to traditional
technologies
 Use of brown coal from own Mamyt deposit as energy source
 Currently primarily used to recover titanium and rare earth
metals in FSU countries

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Pilot Processing Plant: KKM

Processing capacity: 12.5 tons of ore per day

First Ni expected by end of this year
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Pilot Plant Progress Results:
Successful test

Ore was processed yielding chlorides of Ni, Co and other metals
First ever successful test of hydrochlorination process on a pilot
plant scale


Collected 8 batches of chlorides
Spectrographic and chemical analysis showed Ni content of 10%
to 15% per chloride batch

Continue test running to formulate required procedures, protocols
and operational guidelines for commercial utilization of the
hydrochlorination process

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Management Team
Mr. Marat Cherdabayev – President and CEO. Mr. Cherdabayev has years of
experience in the natural resources industry of Kazakhstan and the U.S.,
including VP of the oil services company and Board Director.
Mr. Yermek Kudabayev – CFO, ACCA; held a number of finance positions in
the natural resources companies in Kazakhstan, as well as Earnst & Young
and KPMG
Mr. Nurlan Tajibaev – VP Metallurgy, mining engineer, held various
positions in the mining companies of Kazakhstan, including Chief engineer
of Aktobe Ferroalloy plant and President of Kazchrome Corporation
Mr. Aleksandr Rasokhin – Exploration Manager, more than 30 years of
experience in the field holding various positions with companies like Rio
Tinto Mining and Exploration and Santa Fe Pacific Gold
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Board of Directors
Mr. Marat Cherdabayev – Chairman of the Board. Mr. Cherdabayev has
years of experience in the natural resources industry of Kazakhstan and
the U.S., including VP of the oil services company and Director.
Mr. Nurlan Tajibaev – Director, Mr. Tajibaev has years of experience in the
metals and metallurgy of Kazakhstan, South Africa and UK.
Mr. Timothy L. Adair – Director. Mr. Adair, MBA, has extensive experience in
both large corporate and small business environments, specializing in
analytical, financial, process improvement and information system
analysis.
Mr. James F. Kohler – Director. Mr. Kohler is a Chief of Solid Minerals
Branch of the U.S. Bureau of Land Management in the State of Utah.
Mr. Valery Tolkachev – Director, Mr. Tolkachev is a Managing Director of
Capital Markets for Aton Capital Investment company.
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Increasing company visibility
Applying for OTCQX listing service and plan to be listed when
OTCQX is operational in January of 2007. This will facilitate our
goal to:




Increase trading liquidity for shareholders
Enlarge shareholder base
Increase visibility in the marketplace
Plan to retain investor relations/PR firm to assist our goals
 Plan to increase analyst coverage among investment banks
in addition to Aton

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Our Competitive Strengths
Emerging Market Company headed by Kazakh Management
and conforming to US GAAP and SEC Reporting Standards

Management is devoted to increase shareholder value
through operational efficiencies


Unique proprietary processing technology under testing
A company with experience in operations, finance,
government relations and managing risk of the emerging
market

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Our Goals

To maximize value to our shareholders
To increase resources/reserves through continuation of
exploration on Gornostai deposit resulting in the
reclassification based on JORC code


To be the first producer of Ni and Co in Central Asia

To seek value adding properties
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