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CONFERENCE HIGHLIGHTS “LARGE CAP TRACK” JUNE 27TH

INVESTORS HAVE MORE CHOICES, AND COMPANIES NEED TO OFFER BETTER RETURNS TO ATTRACT CAPITAL 6/26/2018

RIO TINTO – – “VALUE OVER VOLUME” TARGETS 360 MMT IRON ORE 6/19/2018

INTERNATIONAL PAPER UPDATED FOR $25/TON HIGHER RATHER THAN $30/TON LOWER 2018 CORRUGATED PACKAGING PRICES 6/14/2018

WHEATON PRECIOUS METALS INVESTS $390 MM IN A COBALT STREAM 6/12/2018

GENERAL MOLY INC. MOUNT HOPE AND LIBERTY PROJECTS PUSHED BACK UNTIL 2022 AND 2024, RESPECTIVELY 6/12/2018

ARCONIC POSSIBLE EXPOSURES IN GRENFELL TOWER INQUIRY 6/11/2018

STEEL INDUSTRY – – MANY CUSTOMER TARIFF EXCLUSION REQUESTS ARE TINY OR IMMATERIAL TONNAGES; WE NOTE FIVE LARGE REQUESTS 6/9/208

WESTROCK HIGH PRICES MOSTLY OFFSET BY HIGHER COSTS; KAPSTONE ACQUISITION MODELED; CONTAINERBOARD PRICES UP WHILE OCC DOWN 6/8/2018

ALUMINA LTD: HIGHER ALUMINA PRICE REALIZATIONS FOR AWAC DRIVE HIGHER EQUITY EARNINGS FOR ALUMINA LIMITED 6/5/2018