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ACTIVITIES

  • Operating and developing coal mines in Queensland (Curragh) and Western Australia (Premier Coal);
    40% interest in New South Wales coal mine (Bengalla Joint Venture)
  • Supplier of metallurgical coal to export markets and steaming coal to both domestic

YEAR IN BRIEF

  • Coal earnings down 41.5 per cent
  • Continued growth in metallurgical coal sales
  • Production of coal limited by infrastructure constraints and the upgrade of Curragh Coal Handling and Preparation Plant
  • Completion of Curragh North materials handling project
  • Premier Coal sales volumes reduced in line with long-term supply to Verve Energy
  • Construction completed on char demonstration plant
  • Commenced Bengalla expansion study
  • Active in coal industry support of clean coal technologies

FUTURE DIRECTIONS

  • Strong business sustainability commitment
  • Strong export market fundamentals and customer demand
  • Continued export production and sales growth from Curragh
  • Constrained export coal chains
  • Low emissions and other value-adding technology support and development
  • Positioned for future growth

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