Whitehaven Coal Limited · ASX:WHC
Whitehaven Coal — Coalworks — Confederation of Indian Industries Delegation conference 2009
26 slides from Whitehaven Coal's conference presentation, Sep 7, 2009
Slide 1: Presentation to the Confederation of Indian Industries Delegation
COALWORKS Limited 07 September 2009 The Manager Company Announcements Office ASX Limited Via: www.asx.online.com PRESENTATION TO THE CONFEDERATION OF INDIAN INDUSTRIES DELEGATION “Coalworks presented to the Confederation of Indian Industries Delegation conference on 3 September 2009. The conference
Slide 2: Coalworks Profile September 2009
COA ee aia waa COALWORKS PROFILE September 2009 COALWORKS Limited
Slide 3: Disclaimer
DISCLAIMER The information in this presentation does not purport to contain all the information that may be required to evaluate the prospects of Coalworks and in particular only discloses material information within the knowledge of Coalworks. You should seek independent professional advice in rela
Slide 4: Coalworks Overview
COALWORKS OVERVIEW ASX listed Australian energy company (ASX:CWK) with 3 coal projects and an industrial minerals project: • Major asset • Oaklands, NSW • Other projects • Hodgson Vale Coal, QLD • Ashford Lime, NSW • Vickery South ELA, Gunnedah Basin, NSW 3 COALWORKS Limited
Slide 5: The Company
THE COMPANY • Large black thermal coal resources at Oaklands • Additional emerging coal projects in NSW & QLD • Focus on coal production and value adding • Experienced management team • Well funded • Rapid development program since ASX listing, June 2008 • Shares on issue ~103 million • Shares owned
Slide 6: Coalworks Board & Management
COALWORKS BOARD & MANAGEMENT Wayne Mitchell (Chairman) - Past chairman of Central Victorian Gold Mines NL, director of Diversified Mineral Resources NL, led project management of Burton Downs Coal Project and co founded and developed major zinc mine in Thailand Andrew Firek (CEO) – 25 years internat
Slide 7: Significant Events
SIGNIFICANT EVENTS • Oaklands development • Two resource upgrades since June 2008 listing • Rail study completed • Off take negotiations in progress • BFS Commenced • Strategic alliances with local landowners • Vickery South Coking thermal and semi soft coking coal project recently added to CWK asse
Slide 8: Oaklands Coal Resource
OAKLANDS COAL RESOURCE • Present Oaklands Resource Indicated: 212 mt Inferred: 548 mt Total Resource: 760 mt • Measured resource drilling program underway • Large open pit mining potential • Existing rail line into project 7 COALWORKS Limited
Slide 9: Oaklands Drilling
OAKLANDS DRILLING North South Cross Section of Coal Seam at Oaklands 8 COALWORKS Limited
Slide 10: Drilling Program
DRILLING PROGRAM Oaklands EL location map of drill holes 9 COALWORKS Limited
Slide 11: Indicated & Inferred Resources
INDICATED & INFERRED RESOURCES Indicated Inferred Total Moisture Raw Volatile Fixed Total Calorific Calorific Seam Zone Resources Resources Moisture (ad%)3 Ash Matter Carbon Sulphur Value Value (Mt)1 (Mt)1 (ar%) 2 (ad%)3 (ad%)3 (ad%)3 (ad%)3 (kcal/kg, (MJ/kg, ad)3 ad)3 Coreen Creek4 North 12 28.6 17
Slide 12: Key Achievements - Oaklands
KEY ACHIEVEMENTS - OAKLANDS • 760 million tonnes of indicated and inferred JORC resource • Connell Hatch completed conceptual study for a major coal mine • Bankable Feasibility Study (BFS) commenced • BFS Study Manager (Minarco Mine Consult) and Study Management Team (Including GEOS) appointed • Oak
Slide 13: Coal Technical Studies
COAL TECHNICAL STUDIES • Coal sample currently being extracted • ACIRL to test • Coal suitable for clean coal processing Essential mechanical, chemical and engineering information to be quantified 12 COALWORKS Limited
Slide 14: Clean Coal Processing
CLEAN COAL PROCESSING • Uhde Shedden • World experts in coal processing • Access to world’s best gasification & CTL technology • Clean coal starts with gasification as it allows capture of CO2 • Gasification is a proven technology with a number of plants operating successfully • Oaklands coal is ide
Slide 15: Clean Coal Processing
CLEAN COAL PROCESSING 14 COALWORKS Limited
Slide 16: Oaklands Development Timetable
OAKLANDS DEVELOPMENT TIMETABLE ACTIVITY 2007 2008 2009 2010 2011 2012 2013 2014 Oaklands El Granted Initial drilling & JORC Infered Resource Indicated Resource Measured Resource Scoping / prefeasibility study Sample testing EA base data Mine Plan Environmental assessment Final feasibility (Bankable)
Slide 17: Oaklands Mine Development
OAKLANDS MINE DEVELOPMENT Mine • Preliminary mine plans for the north and south developed • Coal resource mapping continuing • Water studies commenced • Environmental studies commenced • Final drill hole analysis pending to confirm quality model 16 COALWORKS Limited
Slide 18: Rail
RAIL • Rail study completed • Geelong least cost rail option • Oaklands via Benalla to Geelong upgrade • Discussions with Victorian Government on rail port upgrade underway • Victorian Government to spend $17M on upgrade • PKCT provides alternative rail option • Discussions continuing with service p
Slide 19: Rail
COALWORKS Ltd ABN 51 114 702 831 PORTLAND COALWORKS Limited a TO ADELAIDE | NEW SOUTH WALES | 67 PORT KEMBLA BOREE CREEK COAL ERMINAL (op) OAKLANDG AUSTRALIAN CAPITAL TERRITORY LEGEND = PORTS a MINE SITE — =~ — BROAD GAUGE (TO BE STANDARDISED) Km (ROUNDED) STANDARD GAUGE (IN SERVICE) STANDARD GAUGE
Slide 20: Ports
PORTS • Oaklands – Geelong coal chain or split between Geelong and PKCT •Discussions with Geelong Port progressing • India is CWK’s most likely major customer, due to coal quality • Geelong shipping costs to India are highly competitive 19 COALWORKS Limited
Slide 21: Oaklands Project Summary
OAKLANDS PROJECT SUMMARY • Oaklands BFS underway • Sufficient cash to complete BFS and other development activities • On track for late 2012 mining start up • Off-take: continuing market interest • Rail to port logistics chains developing • JV interest in power station and CTL • ~ 50 Consultant/cont
Slide 22: Vickery South EL, Gunnedah Basin
VICKERY SOUTH EL, GUNNEDAH BASIN Coalworks to add coking & thermal coal project 21 COALWORKS Limited
Slide 23: Vickery South Coal Project
VICKERY SOUTH COAL PROJECT • Vickery South EL in coal-rich Gunnedah Basin, NSW • Proximity to an operating mine • Railway to Newcastle • Thermal and coking coal resource target: 50 - 70 Mt. • Initial production target 2Mtpa, increasing to 4Mtpa • Potential for open pit & underground mining 22 COALWO
Slide 24: Vickery South Key Points
VICKERY SOUTH KEY POINTS Conceptual Project Parameters Production 2-4 Mtpa Project Life 14 Years Mining Method Open Pit, Highwall & Longwall Coal Washing CHPP max 500 tph throughput for 2 Mtpa rising to 1500 tph Employment Peak construction workforce of up to 500 employees and an operation workforce
Slide 25: Vickery South Key Points
VICKERY SOUTH KEY POINTS Conceptual Project Parameters Mine Construction Haul road (pit) or rail loop, road, coal stockpiling, reclaim and train loading infrastructure, CHPP Hours of Operation 24 hours per day, 7 days per week Product Coal Transport Conveyor to rail Mine Access Portal to decline (un
Slide 26: Questions & Contacts
QUESTIONS & CONTACTS Wayne Mitchell Chairman Andrew Firek Chief Executive Officer Tony Teng Company Secretary / Director Chris Hagan Senior Consultant Geoff Kidd Operations Manager COALWORKS LTD LEVEL 5, 44 MILLER STREET NTH SYDNEY NSW 2060 PHONE: +61 2 9922 1344 FAX: +61 2 9922 4288 EMAIL: info@coa
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