South Gobi and Indomet Coal Asset Strategic Overview
BLAIR ATHOL COAL MINE ACQUISITION
PROGRESSING THROUGH FINAL APPROVALS#
ACQUISITION
PRICE
A$1
INCLUDES
Dragline & mobile
equipment
TRANSACTION
COMPLETION
Target April 2017
QUICK RESTART
Short mobilisation
and commissioning
period
Acquisition of coal mine in care and
maintenance
Mine plan capable of delivering a
7 year mining life at 2Mtpa*
Rio Tinto providing A$80mn for
reclamation
GoQ confirmed this liability in
Nov 2015
History
Site production peaked in 2009
with 11.3 Mt of coal exported in
the year
Placed on C&M by Rio Tinto
when full production commenced
at its neighboring Clermont mine
Location
C.20 km north west of Clermont in
the Bowen Basin of Central
Queensland, Australia
Infrastructure and equipment
Plant and equipment incl. Dragline
for re-start remains on-site and
included in $1 purchase price
Mine infrastructure capable of
supporting 12Mtpa includes
workshops, stores and offices
Plans to utilise nearby rail access
infrastructure
Further Expansion
JORC 2012 Resource of 44Mt*
Potential to extend into
neighboring projects
Note #: Blair Athol Mine acquisition is subject to relevant Queensland Government approvals
Note *: No change to this information from previous disclosures and see competent person statement at end
presentation
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