WIGGINS ISLAND COAL EXPORT TERMINAL

WICET

WICET

Wiggins Island Coal Export Terminal (WICET) is Queensland’s newest, state-of-the-art coal export facility, which is a $2.6 billion industry-owned and privately funded infrastructure development. WICET’s first stage is owned by the original consortium of eight Australian and international resources companies: Aquila Resources, Bandanna Energy, Caledon Coal, Cockatoo Coal, Glencore, New Hope, Wesfarmers Curragh and Yancoal.

WICET provides 27 million tonnes per annum (mtpa) of new export capacity from the Port of Gladstone. Under the Terminal Master Plan, throughput of approximately 120mtpa could be achieved. Current environmental and planning approvals allow up to 84mtpa throughput.

Terminal handling charges are based on cost recovery to assist the competitiveness of the Queensland coal export industry.

STAGE ONE – FAST FACTS

► 8 coal company “A Class” shareholders

► 27 million tonnes per annum initial contracted throughput

► Just under 6,000 employees, contractors and sub-contractors involved during construction; approximately 100 once in steady state operations

► ~ $70m financial contribution for Gladstone social infrastructure

► Ramp up commences Quarter 2 2015

CaledonC

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Resources

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Rail and Train Unloader ► Trains consists – Max 2,500 metres

► Discharge Rate – 9,200 m3/hr or 6,900 tph (at 750 kg/m3) to 8,250 tph (at 900 kg/m3)

► Feeder belts – 3,200 mm wide

► Overland conveyor – 5.6 km belt width 1,800 mm, belt speed 6.9 m/s

Stockyard► 12 notional stockpiles in two rows

► Stockpiles - up to 18 m high

► Total on ground storage capacity – 1.85 Mt based on the eight Stage One shipper requirements

► Stockyard footprint average 920 m long x 240 m wide

► One overhead gantry stacker

► Reclaim conveyors - 6,900 tph with a 2,000 mm belt running at 5.9 m/s

► Dozers – four to five dozers to undertake multi-source blending at a variety of blends and rates

Port and Shiploader► 2 x reclaim conveyors – 6,900 tph reclaim rate

► Loading rate - 8,250 tph after the 1200 tonne surge bin

► Outloading blending with components down to10%

► The wharf is located approximately 2 km offshore

► Shiploader - 8,500 tph to cater for 8,250 tph loading rate plus a surge capacity

► Vessels - shiploader suitable for loading gearless handimax size vessels (40,000 dwt) to cape class vessels (up to 220,000 dwt)

TERMINAL FEATURES STAGE ONE – 27 MTPA THROUGHPUT CAPACITY

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DEVELOPMENT TIMELINE

YEAR ACTIVITY

2005 Gladstone Ports Corporation announced that RG Tanna and Barney Point were soon to reach capacity limit

2006 Environmental Impact Statement is completed and made public

2007 A supplementary Environmental Impact Statement undertaken and Development Applications are lodged

Jan 2008 Preliminary development approval granted

Aug 2008Coal industry proposes the Terminal be funded and built by industry participants (in the absence of government funding), and puts forward a formal submission to the Queensland Government

Oct 2008 The WICET Group is granted preferred proponents’ status to develop the Terminal

Dec 2009 The WICET Group, the State of Queensland and the Gladstone Ports Corporation enter into a Framework Deed which governs the proposed development

Sept 2011 Financial close for construction of the Terminal is achieved

Dec 2011 Construction commences

30 April 2015 Achieved Mechanical Completion

2016 Ramp up complete

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WICET Stage One Users

Scale: circa 1:2,000,000

Port QR Lines Aurizon Network Lines

Mine Haul Roads Mine Rail Spurs WIRP Project Areas (Aurizon)

Eagle Downs (Aquila)

Yarrabee (Yancoal Australia)

RockhamptonSegment 2North Coast LineAldogra to WIBLUpgrade

Segment 1WICET Balloon Loopand Spur

Segment 3Moura East Upgrade

WICET Terminal

Colton (New Hope)

Mount Morgan

Aldoga

Bundaberg

Maryborough

Wooderson

BiloelaBanana

Middlemount

Curragh (Wesfarmers)

Segment 5Bauhinia NorthBranch Upgrade

Segment 4Walton to BluffDuplication

Segment 4Dingo to WaltonDuplications

Segment 4Rocklands-Gracemere-Kabra Duplications

Segment 4Kabra to StanwellDuplication

Blackwater

Minyango (Caledon)

Cook (Caledon)

North Baralaba (Cockatoo Coal)

Springsure Creek (Bandanna Energy)

Rolleston (Glencore)Wonbindi (Cockatoo Coal)

Gladstone

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Rail Receival Stations Bridge Stackers Stacker Reclaimers Shiploaders Berths Indicative Throughput Capacity

Stage 1 1 1 0 1 1 27 Mtpa

Stage 2 2 1 3 2 3 60 Mtpa

Stage 3 3 1 6 3 4 90 Mtpa

Stage 4 4 1 7 4 4 120 Mtpa

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SHIPPERS AND SOURCE MINES

SHIPPER SOURCE MINES

Aquila Resources Eagle Downs

Caledon Coal Cook Colliery and Minyango

Cockatoo Coal Baralaba

Glencore Rolleston

New Hope Corporation Colton

Wesfarmers Curragh Curragh

Yancoal Yarrabee

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HEALTH SAFETY & THE ENVIRONMENT

WICET maintains a steadfast commitment to its health, safety and environmental obligations to ensure a safe workplace for all concerned. Listed below are some of our HS&E highlights: ► WICET Stage One was constructed over a

period of 1361 days involving 9,235,000 man hours with zero fatalities

► WICET has been designed to minimise impact on the Gladstone community, and is remote from built up areas

► Coal trains to and from WICET bypass residential areas

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► All elevated conveyors and overwater conveyors are fitted with a roof, a wall (on the windward side) and a floor to control dust

► All water runoff from coal handling areas is captured in settlement ponds and reused to mitigate dust emissions

► WICET has been configured so that additional storage and coal handling facilities can be easily installed without interrupting the operation of Stage One

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COMMUNITY & SOCIAL RESPONSIBILITY

WICET values a strong and productive working relationship with the local Gladstone community, working constructively and consultatively with state and local authorities, community representatives, non-government organisations and other stakeholders.

To date, WICET has invested approximately $70 million into the Gladstone community which includes a $37M upgrade of the Gladstone – Mt Larcom Road and a $35 million investment in the East Shores – Gladstone Coal Exporters Maritime Precinct. East Shores, which opened in November 2014, provides the Gladstone community and its visitors access to their own world class recreational waterfront development The precinct was delivered in partnership with the Gladstone Ports Corporation who contributed the site and a further $7 million.

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Wiggins Island Coal Export Terminal Pty LimitedLevel 21, 167 Eagle Street, Brisbane QLD 4000GPO Box 1879, Brisbane QLD 4001 AustraliaPhone: +61 7 3210 5300Fax: +61 7 3210 5393www.wicet.com.au Email: info@wicet.com.au

Gladstone siteGladstone-Mt Larcom RoadPO Box 5284, Gladstone QLD 4680Phone: +61 7 4975 2500