Legend

QLD Phosphate Project

The Georgina Basin, host to the Legend phosphate project, is one of the largest undeveloped phosphate deposits in the world.

Legend has historically defined phosphate deposits of approximately 1.2 billion tonnes at 16% P₂O₅ (Note: Please see resources statement and Queensland Minerals - Summary of Major Mineral Resources, Mines and Projects as published by the Queensland Department of Mines and Energy).

Past feasibility studies, conducted by BH South Ltd (later acquired by WMC), at the Paradise South deposit (formerly Lady Annie) in 1974 demonstrated that the project was technically and economically feasible.

The adjacent D-Tree deposit was also subject to positive feasibility studies conducted by IMC Corporation (later acquired by Mosaic) in the early 1970's.

In 1973 a pilot plant constructed at Paradise South produced international quality phosphate rock. The pilot plant operated for 1 year and produced approximately 100 tonnes per day of high quality 34% P₂O₅ beneficiated phosphate rock.

In conjunction with Chinese phosphate experts Wengfu Group (Please see partnerships page), Legend has recently completed a new feasibility study based on present economic parameters to identify the most efficient and profitable form of production to proceed with. This study was positive and robust. Legend is currently reviewing the study and will summarise the project economics, forward strategy and timeline in July 2010.

Legend also has a strong relationship with the Indian Farmers Fertiliser Cooperative (IFFCO - See partnerships page), the largest fertiliser enterprise in India which represents over 50 million farmers and their families. IFFCO currently holds a 15.2% equity stake in Legend.

Legend has assembled a highly professional team of geology and mining managers in addition to leading industry service providers and consultants to ensure the successful development of its phosphate deposits and to generate maximum shareholder return.

• 26 July 2010 Audio from the Paradise Phosphate Feasibility Study presentation - Video available soon! > Read more

• 26 July 2010 Presentation - Paradise Phosphate Feasibility Study - New York, USA - July 26, 2010 > Read more

• 26 July 2010 Legend International Holdings, Inc. Confirms Details of Teleconference Call and Presentation Materials on Website > Read more

• 24 July 2010 Project Update - Results from Wengfu Feasibility Study > Read more

• 24 July 2010 Legend International Holdings, Inc. Announces Positive and Robust Results from Wengfu Feasibility Study > Read more

• 21 July 2010 Legend International Holdings, Inc. Announces Details of Teleconference Call > Read more

• 30 June 2010 Project Update > Read more

• 30 June 2010 Legend International Holdings, Inc. Announces Positive and Robust Wengfu Feasibility Study Complete > Read more

• 11 May 2010 March 2010 Quarterly Report > Read more

• 10 May 2010 Legend International Holdings, Inc. Announces Significant Milestones Achieved and Project Update for the Georgina Basin Phosphate Project > Read more