October 2016 Release DEVELOPMENT BY CATEGORY Category Not Started In Progress Completed TOTAL

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4 October 2016 Release DEVELOPMENT BY CATEGORY Category Not Started In Progress Completed TOTAL Community Infrastructure $ 7,289,000 $ 20,509,000 $ 1,300,000 $ 29,098,000 Retail Construction Industrial Construction $ 150,000 $ 130,000 $ 280,000 Residential Construction $ 37,950,000 $ 37,950,000 Workforce Accommodation Construction Rail $ 160,000,000 $ 160,000,000 Roads $ 60,348,389 $ 7,233,540 $ 67,581,929 Flood Restoration and Mitigation $ 1,800,000 $ 2,800,000 $ 4,600,000 Tourism $ 500,000 $ 75,000 $ 575,000 Mining $ 7,780,000,000 $ 7,780,000,000 Energy $ 500,000,000 $ 500,000,000 Water and Sewerage $ 25,900,000 $ 25,900,000 Land CH Subtotal $ 8,289,089,000 $ 148,157,389 $ 168,738,540 $ 8,605,984,929 Rail (s located outside the CH Region $ 4,200,000,000 $ 4,200,000,000 of Significance) Mining (Outside region ie Galilee Basin) Energy (Partial investment in CH Region) $ 63,604,000,000 $ 2,090,000,000 $ 1,660,000,000 $ 67,354,000,000 $ 2,250,000,000 $ 2,250,000,000 Outside CH Subtotal $ 70,054,000,000 $ 2,090,000,000 $ 1,660,000,000 $ 73,804,000,000 Grand Total $ 78,343,089,000 $ 2,238,157,389 $ 1,828,738,540 $ 82,409,984,929

5 COMMUNITY INFRASTRUCTURE Toilet Ablution Upgrade Childcare Centre Airport - Runway Christian College Duaringa Mackenzie Park upgrade to toilet. CHRC $175, Development of new childcare centre. Applying a treatment to runway extend useful life. Renovation of existing Prep building. Devcon Property Group CHRC $5,300, Christian College Completion by January Still reviewing how the dump point will be improved. CHRC approval 25 June Airport enrichment tender advertised. $50,000 TBA Not yet started. PCYC Air conditioning the PCYC building. PCYC $264,000 TBA McIndoe Park Retirement Village Ivy Anderson retirement village Showgrounds New Amenities for Netball New Aquatic Centre New Playground Agricultural College Upgrade Upgrades to lighting, fields and grandstands. Combined Rugby League Proposal for retirement village in Pitman Borilla Street. Approval for 20 units. Properties $250,000 TBA Funding from Australia Government received by PCYC. Funding from Australia Government received by Combined Rugby League. TBA In the planning stages. 9 unit retirement and care village. CHRC TBA Application approved. Multi-purpose facility. CHRC $1,250, Capella Construction of new Amenities and Club Building. Construction phase for new facility at Hunter Street Sports Complex. New Playground at Capella Aquatic Centre. Upgrades to existing infrastructure including electrical, sewage, fire safety, and production systems. Various new facilities including plant and machinery. CHRC $150, CHRC/BMA $15,000, CHRC $75, State Govt./ Agricultural College Sport and Rec Qld funding. will commence in earnest Sport and Rec Qld funding. will commence in earnest Construction contract awarded to Hutchinson Builders, with construction commencing in March Estimated completion January To be completed by Feb $1,400, Upgrades underway. Airport - Access Road Airport Access Road intersection with Gregory Highway. CHRC $2,000, underway. Aquatic Centre The Aquatic Centre Waterslides comprises three (3) water slides at the facility, including: 2 x 8m high water slides; and 1 x 5m high water slide. CHRC $750, Waterslides expected to be open in November Lochlees () Waste Cell construction Gemfields Wetlands Transfer Station New waste cell construction. CHRC $390, Sapphire Construct Walkways and improvements. Conversion of landfill to Transfer Station. CHRC $269, CHRC $475, design completed. Construction to commence in April Federal Govt. grant received with the project completion due design completed. Construction commenced mid October

6 COMMUNITY INFRASTRUCTURE (continued) COMPLETED Replace primary cables in conduit Airport for entire airfield lighting second Lighting stage. CHRC $1,000, completed. Maranda Heights Park RETAIL CONSTRUCTION Park infrastructure installation (BBQ and shelter). CHRC / Portfolio s $100, $28,898,000 Completed and ongoing maintenance is with CHRC. 950sqm neighbourhood centre Pilot Farm Road - containing up to 5 tenancies Hibiscus CHRC approval current to Neighbourhood allowing a mix of shop, commercial Management 8/04/2020. Centre premises, food premises and/or Pty showroom. Convenience restaurant (drivethrough) Masters Home Improvement Centre 2 x convenience restaurant drivethroughs adjoining the existing neighbourhood centre in Mayfair on Mayfair Drive. Construction of home improvement store - offering an array of appliances, lighting dept, mother's room, cafe, garden centre, home hardware, kitchens and a trade division - on the corner of Capricorn Hwy and Chalcedony Rd. INDUSTRIAL CONSTRUCTION Oasis Property Group Pty Woolworths Limited TBA $0 CHRC approval current to 5/06/2018. Initial groundwork completed. Approvals in place, however, development on hold. The application involves the Glendon Quarry Anakie expansion of the extraction area Glendon CHRC approval 30 August 2016 and an increase in production to Quarry ,000 tonne per annum. Feedlot (1000 standard cattle units) CQ Inland Port Grain Storage and Rail Transport Macauley Road Industry lots Saleyards Saleyards Maraboon Pet Resort COMPLETED Saleyards Dingo (Yamala) (Yamala) Sub-total Community Infrastructure Investment: Proposed feedlot included construction of 12 production pens, 3 sick pens drafting and vet yards internal access road, sediment pond, and effluent dam and office and landscaping area. Industrial development of 46 lots. Two-staged subdivision - Stage 1 involves development of grain storage facility and rail siding. 2nd stage involves construction of new roads and subdivision of remaining lots. 43 Industrial Lots. Additional selling pens adjacent to draft area. Replacement of timber holding yards. Maraboon Pet Resort is a veterinary super clinic with boarding kennels, indoor/outdoor play runs and large yards. Sub-total Retail Investment: Booroola Pastoral Company CQ Inland Port 2016 GrainCorp TBA Shelda Pty received approval from CHRC - 10 May CHRC approval Lots currently for sale. Received CHRC development approval 12 August TBA Not yet started. CHRC $100, To be completed by 30 June CHRC $50, To be completed by 30 June Construction underway. Stage 1 includes: 50 dog Maraboon Vet boarding kennels, 20 cat Surgery cubbies and 4 luxury dog suites. Expected completion by end Replacement of holding yards. CHRC $130, Completed. Truck turnaround area - bitumen. Sub-total Manufacturing Construction Investment: $280,000 October

7 RESIDENTIAL CONSTRUCTION Establishment of 94 houses on CHRC Approval - 26 blocks from 261sqm to 445sqm February Amended Peak Downs Capella with 3 bedroom lowset and twostorey homes. Common area Development yet to SCN Pty change approved 9 July Street includes pool and bbq. commence. 16 lot Residential Development Dundas Street Gray Street Highfields Estate (Pilot Farm Road) Jade Street (22-24) and 26 Amber Street - Unit development Pressler Road - Unit Development Blue Ridge O'Brien Street Echidna Valley Highland Park Estate (Codenwarra Road) Maranda Heights Mayfair Ridge Villas on Rivergum Capella Redevelopment of one lot into 16 residential lots - Carringal Road. Multiple dwellings development. (13 Dundas Street, ). Landscaping and associated site preparation will need to be conducted. Proposed development with reconfiguration to 25 lots. Proposed development of 1000 lot residential subdivision. Development of 10 x 2 bedroom units. Development of 76 units. 10 stage development for over 200 blocks. Multiple Dwellings, 9-11 O'Brien Street. 7 x 3 bedroom units. New residential subdivision. 100 lot residential project (1-7acre lots), off Pilot Farm Road ha site, adjoining a major subregional shopping centre. Development includes motel, tavern, 184 allotments, 140 townhouses and a central one-acre park. New Residential Estate of Pilot Farm Road. The estate of over 500 residential allotments for dwellings. 115 unit development on Rivergum Drive, Riverview Estate. 5 stage development. Private TBA TBA Shelda Pty Citicorp Portfolio Property Investments Portfolio s Pty Queensland Government TBA TMD Trading - Developer: Regional Property Development Corp. Pty Citimark Properties Portfolio s Pty Pratt Property GBK Developers/ Devcon Building Co $37,950,000 $37,950,000 Application Approved Application Approved Application Approved CHRC approval 13 November CHRC approval January x 2 bedroom units. CHRC approved. Development Approval extension approved by CHRC. The relevant period for this approval expires on 12 December CHRC Approval - 11 December CHRC approval current to 12 June Stage 1 of 10 in progress. Approved by CHRC January Under construction. Stage 2A (11 lots) is complete. Stage two now selling. CHRC Approval 14 May Groundwork commenced. Stages 1, 2 and 7 have sold and settled with construction underway. Stages 3, 4, 5 and 6 have settled with building underway. Stages 11 and 12 (67 lots) available for sale. Stage 1-7 and 10 sold. Stage 8 and 11 now selling and construction underway. Stage 9 and 12 not yet released. Construction underway. Stage 1 sold out. Stage 2 on hold. Tantallon Workers Workers accommodation Caledon Coal Mine Accommodation (505 beds). Pty proceeding CHRC approval. Village National Sub-total Residential Major s Investment: WORKFORCE ACCOMMODATION CONSTRUCTION 492 rooms and ancillary communal facilities included. Kyronn Pty EDQ Approval current to 13/07/2018. October

8 WORKFORCE ACCOMMODATION CONSTRUCTION (continued) Ausco 383 rooms and ancillary communal EDQ Approval current to Stayover on Modular Pty facilities included. 12/09/2018. Capricorn Duckworth Village, Capricorn Highway Bluff Accommodation village that will complement existing Bluff Village. 504 Units (96 temporary for construction). Minumbra TBA Approved change of use January Jellinbah Mining Village Bluff Stage 2 - Additional 306 rooms Jellinbah Group CHRC Approval. Orica Workers Accommodation Facility Rosewood Camp COMPLETED Jellinbah Mining Village Dingo Bluff Workers Accommodation Facility (80 units). Stage rooms including ancillary facilities. Stage rooms and ancillary communal facilities including dining, gymnasium, reception area and sports court. Orica Australia Pty TBA Extended for four years. Qantac Pty TBA In progress. Jellinbah Group Sub-total non-residential Major s Investment: 2016 Complete. $0 RAIL Triumph Creek Loadout Facility COMPLETED Wiggins Island Rail Rolleston Dingo, Bluff, The rail loadout facility will connect to the Wiggins Island Coal Export Terminal (WICET) using infrastructure already in place. Bandanna Energy (Administrator Appointed) TBA Duplication of 24km track between Dingo-Bluff. Includes 3 new rail bridges beside existing structures. Bauhinia North Upgrade includes 2km passing rail loop, 2km rail easement and upgrading 16km access roads. Employment: 180 (con). Aurizon $160,000, Sub-total Rail Investment: $160,000,000 RAIL (s located outside the Central Highlands Region of Significance) Central Queensland Integrated Rail Integrated, heavy-haul rail system that will run from the Galilee Basin before linking with existing lines taking coal to the Port of Abbot Point, Hay Point or Dalrymple Bay ports. Employment: 2500 (con); 800 (op). JV: GVK and Aurizon Holdings Limited $2,000,000,000 TBA ML Applications in hands of Receivers to Creek Coal Pty. Caveats lodged by Acacia Coal. Stage 1 of the Wiggins Island Rail completed. assessment to continue through the Galilee Basin State Development Area (GBSDA). North Galilee Basin Rail to Abbot Point 310km standard gauge, multi-user greenfield rail line in CQ, connecting the northern Galilee Basin to the Port of Abbot Point. Employment: 2000 (con); 370 (op). Adani Mining Pty $2,200,000,000 TBA 14/10/ received Commonwealth Minister for the Environment's approval of 'controlled action' subject to conditions following reconsideration of project under the EPBC Act Sub-total Rail Investment outside region: $4,200,000,000 October

9 ROAD 2015 NDRRA Restoration - Rolleston Road CHRC Wide / Rolleston Restoration of flood damaged roads. Construct and seal standard. Comet River Road Comet Pave and seal. Capricorn Highway (Duaringa - ) Airport - Gregory Highway Intersection Upgrade Gregory Highway ( - Clermont) New Street Selma Road (St Helen Creek) Duaringa Relocate hazardous objects close to roads. Widening the Gregory Hwy, new north-bound turning lane, extension of south-bound turning lane, line marking, signage and landscaping. CHRC / State and Federal Govt. CHRC / DTMR / State Govt. CHRC / State and Federal Govt. $2,478, $4,400, $774, In progress. DTMR $418, In progress. CHRC $1,300, Completion November $362,925 CHRC, $21, (25% / 75% between State and Federal Govt.). In progress. ($3.3m State Govt., $500k CHRC and $600k TIDS). Completion November Undertake miscellaneous works. DTMR $21,900, In progress. Flood evacuation route. State Govt. $2,130, Flood Immunity Upgrade. DTMR $118, In progress. Wyuna Road Wyuna Road. Carnarvon Gorge Road Dawson Highway (Rolleston - ) Arcadia Valley Road Dawson Development Road ( / Tambo) COMPLETED Rolleston Rolleston/ Rolleston Pave and seal. State Govt./CHRC CHRC / State and Federal Govt. Work commenced and expected to be completed by end $800, Completion by end $8,500, Design completion underway with Cultural Heritage inspections planned. Construction underway. Install/replace signs. DTMR $110, In progress. Pave and seal. CHRC/State Govt. and Private $14,320, Construct and seal standard. CHRC/DTMR $3,100, CHRC Reseal CHRC wide Reseal of 550,000m2 council roads. CHRC $1,200, Complete. Fairfield Road Bauhinia Resheeting of unsealed road. CHRC $425, Complete. Arthur Street Rehabilitation of dual lane dual carriage way. Federal Govt. $1,750, Complete. Lilyvale Road Capella Pavement rehabilitation. Private $1,822, Complete. Yan Yan Road Capella Pavement rehabilitation and subsidence restoration on various sites on Yan Yan Road. CHRC $700, Complete. Blackspot intersection Anakie/Yamala Federal improvement - installation of street intersection Govt./CHRC roundabout. $186, Complete. Cungelella Road Trail of pavement strengthening additive. State Govt. $600, Complete. Timber Bridge Upgrade of old timber bridges on Upgrade Raymond and Treswell Roads. CHRC $550, Complete. Sub-total Road Investment: $67,581,929 underway. $8M R4R, $3M Santos, $600K Origin, $150K Jemena, 13/14TIDS $800K, 14/15 TIDS $1M, 15/16 TIDS $774K. (Noting TIDS is 50% contribution State / CHRC). In progress. (CHRC $500k and DTMR $2.6 M). October

10 FLOOD RESTORATION/MITIGATION Nogoa River Excavation Works Area 4 and 9. CHRC 2016 Construction Tenders to be called April Nogoa River Excavation Works Area 5 and 8. CHRC 2016 Construction Tenders to be called April New Street Evacuation Route Food Mitigation Nogoa River Excavation Works Nogoa River Excavation Works New Street Evacuation Route Earth and roadworks. CHRC $1,800, Food Mitigation. CHRC $1,000, Construction Tenders to be called March/April Business Case and Proof of Concept (Design) Tendering in Progress. Area 1. CHRC 2016 Design in Progress. Packages (2): Area 2 and 3 and Area 10 and 11. CHRC $1,500, Construction Tendering in Progress. Water and sewerage works. CHRC $300, Construction In Progress. Sub-total Flood Restoration Investment: $4,600,000 TOURISM 102 accommodation units with Devcon Sullivan Street restaurant and managers Property Motel residence. Group 2016 CHRC approval. Bandana Station Camping and Sunset Show Interpretive trail COMPLETED Rifle Range Reserve Dump Point MINING Carnarvon Gorge Sapphire Gemfields Nature based tourism including 41 independent campsites and tours. Officer appointed to coordinate delivery. The project included installation of interpretive signage and maps, and five new walking tracks. Moving of the dump point from Visitor Information Centre to Showgrounds. Bandana Station CHRC / State Govt. CHRC / Federal Govt $500, In progress. Approved by CHRC August completed. CHRC $75, $575,000 Belview New underground project - single longwall. Metallurgical Coal and PCI Coal. 4Mtpa ROM. Employment: 300 (con); 250 (op). Sub-total Tourism Investment: Stanmore Coal $869,000, Completed and open to the public. MLA lodged September Pre FS started Q Targeting first coal in Curragh Extension Extend mine life to approx Development of 67Mt of Coal Reserves. Four mining lease areas; South (ML700006), Central (ML700007), Central Extended (ML700008) and Curragh Extended (ML700009). Maintain current production of 13.5Mtpa. Employment: 100 (op). Wesfarmers Curragh 2018 Curragh Central Extended (ML700008) and Curragh Extended (ML700009), approved 27/11/2015. Curragh (Curragh West) Jellinbah Mine (Mackenzie North) Open-cut expansion. New capacity up to 0.3Mt coking. Employment: 50 (con) 100 (op). Extension of mining operations at an unchanged production rate. Operating in excess of 4.6Mtpa in line with market. Employment: 100 (con). Wesfarmers Pty Jellinbah Group (Marubeni, Anglo) 2025 $100,000,000 Late 2019 On hold to align with Curragh Extension project. ML80171 granted 15/07/2015. Mining leases granted 16/04/2015 for Mackenzie North A (ML70445), D (ML70446), B (ML70448), C (ML70449). October

11 MINING (continued) New underground project. MRV Bowen Basin Coal MDL503 granted for a five Mackenzie Thermal, PCI and semi-soft coking Pty year term until October $860,000,000 TBA coal. JORC Resource Mt (subsidiary of Drilling campaign Indicated and 73.0Mt Inferred. Moreton Resources) finalised. Minyango Underground New multi-seam underground coal project and associated infrastructure. Capacity total up to 5Mtpa coking and thermal coal. Employment: 500 (con); 500 (op). Coal Pty (subsidiary of Caledon Coal Pty ) $750,000, ML80173 granted 1/12/2015. Development will be market driven. Washpool Coal Bluff Walton Bluff Bluff New open cut project. Capacity total 3.3Mtpa hard coking coal to be exported through WICET. Employment: 100 (con); 130 (op). New project. MLA lodged 18/2/13. Up to 1.4Mtpa (ROM) PCI year mine life. ML Employment: <100 (con); 118 (op). The open-cut project area contains a JORC Resource of 28.4Mt (June 2015). Washpool Coal Pty (Aquila Resources) Carabella Resources (Wealth Resources Pty ) Argos (QLD) Pty / Walton Coal Pty (100% owned by Aquila Resources ) $380,000,000 TBA $100,000,000 Q TBA No production scheduled. MLA defines the project area, MLA (Washpool B) and MLA (Washpool C). Mining Lease (ML) Number was granted on 22 September EA approved. EPBC (Commonwealth) approved. The is situated in MDL505 (granted 17/04/2014). Comet Ridge Comet New project.10mt ROM. Operational mine life of 9 years. Employment: 20 (con); 50 (op). Acacia Coal $50,000, MLA lodged on 27/03//2015. EPBC referral lodged 19/06/2015. Additional information provided to Department EHP - October Sierra Comet New open cut project, hard coking coal. EPC1822. TerraCom (changed name from Guildford Coal 19/11/2015) TBA Next stage exploration plan developed. No JORC resource has been estimated. Yamala Comet New open cut and underground project located 6km to the west of Comet. PCI/Thermal coal. JV: New Hope Group and CHR Pty (subsidiary of Sojitz Coal) TBA EPC927 and EPL1169. MDL3007 lodged, public notice period ended 11/11/2015. Dingo West FairHill Dingo EPC 881. MLA80180 lodged. Proposed production of up to 1.5Mtpa ROM coal. Employment: 220 (con), 120 (op). New project, approx. 50km northeast of. JORC Inferred 337Mt. Up to 2Mtpa ROM. Hard coking / thermal coal. Employment: 200 (con). Dingo West Coal Pty Transferred to Magnetic South Pty 100% in April 2016 Fairhill Coking Coal Pty (Qld Coal Corporation) $135,000, market conditions Environmental background studies underway, FS currently being completed as a result of recent drilling program. EPC2177. MLA MDL496. Taroborah New open cut and underground project, 22km west of. Expected capacity total is 5Mtpa thermal. Employment: 150 (con); 350 (op). Shenhuo International Group $680,000,000 Q MDL467. Federal EPBC approval 17/06/2015. Expected that Mining Lease will be granted in October

12 MINING (continued) Teresa Togara West Wilton Coal Foxleigh Plains Arcadia Meteor Downs South project (Orion Downs) Rolleston Coal Expansion (Phase 2) Arcturus Coal Mine Creek Underground Middlemount Rolleston Rolleston Rolleston New underground project, 17km north of. Up to 8Mtpa of ROM coal. Employment: 500 (con); 380 (op). The Togara West has JORC Resource of Mt. Thermal and metallurgical coal. Located 40km SE of. New open-cut project, up to 2Mtpa ROM hard coking coal. 38km north east of. Employment: 200 (con). Extension to existing open cut coal mine. Increase life of mine up to 15 years and ROM production to 4Mtpa. Employment: 50 (op). New project, thermal coal. JORC compliant resource is 273Mt on an Inferred basis. New open cut project. ed production rate of up to 1.5Mt per annum of export grade thermal coal. EPC1517. MLA Employment: 80 (op). Open cut expansion to extend mine life by approx. 30 years. New capacity total is up to 19Mtpa ROM - thermal coal. MLA70415; MLA70416; MLA New project. Given SCL and the RPI legislation the project will now only be Underground. Thermal coal. JORC compliant Resource now 206.3Mt. New project. 11Mtpa thermal coal at peak production (2 longwall). Estimated 40 year mine life. Employment: 350(con); 600 (op). New Coal Pty Queensland Coal Corporation Wilton Coking Coal Pty (Qld Coal Corporation) JV - Middlemount South. POSCO, and Nippon Steel Arcadia Coal Pty U & D Mining Industry Pty (acquired 100% of Endocoal 7/5/13) Rolleston JV: Glencore Coal Qld Pty (75%), ICRA Rolleston Pty (12.5%), Sumisho Coal Aust. Pty (12.5%) Creek Coal (a subsidiary of Bandanna Energy, Administrator Appointed) Creek Coal Pty $500,000, FS and EIS in progress. MLA lodged 24/11/2008 and MLA lodged 1/2/2011. TBA EPC 1231 and EPC TBA $180,000, TBA $46,000,000 2nd half 2016 $500,000,000 TBA TBA $1,180,000,000 market conditions EPC1235 and MDL463. The EIS has been withdrawn by the proponent and will not proceed (11/08/2015). EIS completed July Mining leases granted September EPC1742. development on hold. Mining Lease approved 27/11/2015. EA issued and Controlling Provisions issued. Environmental Authority issued 8/10/2015. ML70415 and ML70458 granted 2/2/2016. EPC1221. EIS process lapsed. development on hold. MLA EIS and FS completed. development on hold. New project. 190 Mt JORC Mtpa ROM, PCI and thermal coal. Employment: 104 (op). Mining Pty (TerraCom Resources 35.78%) 2019 Stage 3 MDL3002 granted 16/07/2015. Updated exploration plan in progress. Togara North New underground project. Expected capacity total 6Mtpa - thermal coal. ML70149; ML Employment:1000 (con); 450 (op). Glencore Coal $800,000, Pre-FS underway. Oaky Creek (Phase 2) Tieri Expansion. New capacity total 5Mt coking coal. Expansion includes a new long-wall mining system, expansion of the coal preparation plant. Glencore Coal, Sumisho, Itochu, ICRA OC Sub-total Mining Investment (in CH): $650,000, $7,780,000,000 Environmental Authority (EPML ) issued 5/2/2016. ML1832, ML2004, ML70241, ML70327, ML October

13 MINING - s located outside the Central Highlands Region of Significance Coal (Tad's Corner) North Coal (including Laglan) West Coal West Carmichael Coal China First (Galilee Coal ) China Stone Coal Kevin's Corner South Galilee Coal Baralaba Complex (North, Central and South) Blair Athol Mine Baralaba Clermont New open cut project with capacity total 32Mtpa - thermal coal. includes mine, rail, port. life of 30 years. Employment: 4800(peak con); 1970 (peak). New project - two open-cut operations, four underground longwall mining operations and coal handling preparation plants. Capacity total 40Mtpa thermal coal. Employment: 2460 (op). New project - extension to China First (Galilee Coal ). EPC1079 and EPC1156. Employment: 3500 (con); 2460 (op). New project currently under exploration Mtpa thermal. MDL 285. New open-cut and underground project - Australia's largest thermal coal mine in the north Galilee Basin. Up to 60Mtpa thermal by Mine life expected to be 60 years. Employment: 1150 (con); 3000 (op). New project. Open-cut and underground mines and railway line. Up to 40Mtpa - thermal coal, for at least 25 years. Employment: 3500 (con); 2460 (op). New open-cut and underground project. 38Mtpa thermal. includes - airstrip, power station and accommodation village. Employment: 3900 peak (con); 3400 peak (op). New open-cut and underground project. Up to 30Mtpa thermal coal. Employment: 2000 (peak con); 1600 (op). New open-cut and underground project with 33 year period of operation. 13.6Mtpa - thermal. Includes CHPP, rail loop, load out facilities and accommodation village. Employment: 1600 (con); 1290 (op). Open cut coal mine with the potential to produce in the order of up to 4.1Mtpa of product coal. Employment: 192 (con); 150 (op). Reopen closed mine. Up to 2Mtpa ROM thermal coal with potential to expand output. Employment: 120 (op). GVK (79%) / Hancock Prospecting (21%) Waratah Coal Pty Waratah Coal Pty GVK (79%) / Hancock Prospecting (21%) Adani Mining Waratah Coal MacMines Austasia Pty Hancock Galilee Pty (HGPL), subsidiary of GVK $10,600,000,000 Q $4,000,000, $4,000,000, $0 TBA $16,500,000,000 First coal by 2019 Peak by 2026 $8,800,000, $6,700,000, OC 2019 UG $4,000,000,000 Q AMCI Pty $3,520,000, Cockatoo Coal $300,000, /20 TerraCom Q The Queensland Court of Appeal has dismissed an appeal from an environmental group to stop GVK and Hancock Coal s proposed coal mine in the Galilee Basin - 27/09/2016. Working towards Mining Lease - MLA MDL481 and MDL 485. Currently undergoing an EIS. Currently undergoing an EIS. Pre-FS drilling commenced. Concept stage complete. Adani has now obtained all the necessary primary approvals for its mine, rail and port project. The QLD Govt. has declared the combined mine, rail and water infrastructure as critical infrastructure. The project s special prescribed project status has been renewed and expanded to include its water infrastructure. MLA Mining Lease approvals underway. EIS process underway - additional information requested by Coordinator General 6/11/2015 and currently being prepared by proponent EPC987. MLA70425 in process. EIS and EPBC approved, Native title negotiated. EA approval July dependent on a range of infrastructure and services being developed in conjunction with other Galilee Basin coal developments. 23/06/ Mining Lease (ML) for Baralaba North mine has been granted by the QLD Government. Acquisition of coal mine complete and production to commence late Q4, October

14 MINING - s located outside the Central Highlands Region of Significance (continued) Moorlands Dysart East Coal New Lenton Eagle Downs (Peak Downs East) Isaac Plains East (formerly Wotonga) Belvedere Middlemount (Open cut) Byerwen Coal COMPLETED Grosvenor Clermont Dysart Glenden Moranbah Moranbah Moura Dysart Glenden Moranbah New open cut project - thermal coal. JORC Resource of 318.0Mt, including 113.4Mt in the Measured category. Targeting a ROM production rate of 1.9Mtpa. Employment: 350 (con); 160 (op). New open-cut project, using trenching and high wall mining techniques. MDL Mtpa coking and thermal coal. Employment: 200 (op). New project. Open cut and underground operations possible. Coking/PCI/thermal coal. Employment: 200 (op). New underground project, 25km SE of Moranbah. JORC 959Mt - Measured (648Mt), Indicated (171Mt) and Inferred (140Mt). Employment: 400 approx. New project 10km east of Moranbah. Shallow, coking coal deposit. MDL135 and part of MDL137. New project - planned to be developed as an underground longwall operation. Expansion of existing mine. Production is expected to ramp up to approx. 3.8Mtpa of saleable production. Open cut coal mine, up to 10Mtpa hard coking coal. Employment: 350 (con); 500 (op). The project involves developing a greenfield underground coal mine, producing up to 5Mtpa of coking coal for export. Employment: 400 (con); 380 (op). Cuesta Coal (Beijing Guoli and Hanford Holdings) Dysart Coal Management (Bengal Coal Pty ) New Hope Corp Aquila Resources 50% / Vale Australia 50% Stanmore Coal $150,000, $100,000,000 FH 2017 $400,000, $1,720,000, TBA Vale Australia $2,814,000,000 TBA FS stage. Yancoal Aus. Pty / Peabody Energy Byerwen Coal Pty (JV: QCoal Pty / JFE Steel) Anglo American Metallurgical Coal $500,000, $1,590,000,000 $1,650,000, First coal 2016 Moorlands North (MLA 70524), Moorlands East (MLA 70525), Moorlands Central (MLA 70526), Moorlands South (MLA 70527) and EA lodged 5/9/2014. EPBC assessment underway. MLA submitted and accepted- ML Draft EA issued by DEHP. ML70337 secured for the project and company exploring option of expansion through MLA MDL519 granted 22/07/2014. on care and maintenance. Undertake exploration program to confirm JORC Resource status. Mining planning and approvals processes to commence Expansion under construction. Stage 1 construction underway. The first shear and production of longwall coal was achieved on 6 May Isaac Plains Moranbah Reopening of closed mine. Current Reserves support over three years of open cut mining at planned mining rate of 1.5Mtpa ROM. Employment: 150 (op). Stanmore Coal $10,000,000 Late H1, 2016 complete. First coal exported May Sub-total Mining Investment of Significance (outside CH): $67,354,000,000 ENERGY Lilyvale Solar Farm Bowen Gas (includes and Norwich Park CSG fields) Tieri / Norwich Park FRV, a global solar power company, plans to develop a large scale grid-connected photovoltaic (PV) solar plant. A phased expansion of Arrow s CSG production in the Bowen Basin. New capacity expected - min 30 Pjpa. State approval 8/9/2014. Federal approval received 28/10/2014. FRV Arrow Energy Sub-total Energy Investment (in CH): $500,000, $500,000,000 CHRC Approval September Construction could commence in 2016 and would take between 12 to 18 months. Announced a decision to proceed with front-end engineering design (FEED) phase for the project, expected to take 12 months (Sept 14). October

15 ENERGY - s that have partial investment in Central Highlands Region Galilee IGCC Power Station Bowen Pipeline Dysart/ Rockhampton WATER AND SEWERAGE New project: 900MW coal-fired power station incorporating cleancoal low-emission technology, carbon capture and storage. Employment: 1000 (con); 60 (op). The pipeline is a buried highpressure steel pipeline to transport CSG from the Bowen Basin to a gas hub 22km west of Gladstone, where it will join the proposed Surat Pipeline. Employment: 700 (con); 10 (op). Galilee Power (a subsidiary of Waratah Coal Pty ) Arrow Energy Sub-total Energy Investment: $1,250,000, $1,000,000, $2,250,000,000 on hold. "Coordinated project" declaration lapsed. Water Utilities Water treatment plant upgrade. CHRC $2,500, In progress. Sewerage Major Upgrade to Blackgully sewerage Capital Works water treatment plant. CHRC $22,000, In progress. Design and construct new inlet Sewerage Major works and chlorine contact tank at Capital Works Park Ave STP. CHRC $1,400, In progress. Sub-total Water and Sewerage Investment: $25,900,000 FEED phase entered in late October

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An Update on Coal for the Bowen Basin

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