Australia's premier coal industry event

Transcription

1 15-16 September 2005 Sofitel, Brisbane AUSTRALIA Australia's premier coal industry event Coaltrans Australia 2005 conference highlights: Leading faculty of Australia s top coal executives Choice of three optional post-conference Field Trips: September 2005 Northern & Southern Bowen Basin and Hunter Valley mines, ports and rail operations Gala Reception and Australian Bush Dinner Early Bird Discount Save AUD$250 book by 5 August 2005 GOLD SPONSORS SPONSORS OFFICIAL PUBLICATION SUPPORTERS

2 AUSTRALIA S PREMIER COAL In September 2005 Coaltrans Australia will bring to Brisbane the industry s key producers, consumers, traders and shippers the community that represents the world s largest coal exporting nation, now comprising over 30% of global coal exports. Gearing Up for More Production A surge of new mining ventures are under development with over 18 greenfield and more than 25 brownfield expansions being planned for the period According to AME Mineral Economics this is scheduled to lift production capacity by 87MT to 311MT. Transport Infrastructure - the critical factor Constraints and bottlenecks at export ports and rail developments are major challenges that need to be overcome if Australia is to take advantage of this period of unprecedented growth. Skills shortages, extended equipment supply times and strained water resources pose additional hurdles for industry planners. What about the Competition? China remains the enigma, as both an exporter and growing importer of both metallurgical and thermal coal. For the last two years, it has largely consolidated its exports at about 85MT, but how long will this last, and how strong is demand in the internal domestic markets? Indonesia is set to become the world s largest exporter of thermal coal in What threat does this pose to Australia s producers? South Africa, Russia, and to a lesser extent Canada are all targeting the lucrative Asian market. What competition do they pose to Australia? These and many other topics will be discussed at Coaltrans Australia. ORGANISED BY THE INDUSTRY Coaltrans Conferences organises the world s largest coal conferences which attract hundreds of delegates from all over the world. It also runs regional events, exhibitions, field trips and training courses and has a reputation for employing the highest organisational standards. Coaltrans is currently planning events in France, Canada, Singapore, USA, South Africa, India, Indonesia and China. The Australian Coal Association (ACA) is the industry body representing Australia's black coal producers. The ACA is formed by the coal company members of the New South Wales Minerals Council and the Queensland Resources Council. A major ACA objective is promoting and facilitating the uptake of clean coal technologies in Australia and COAL21 is at the heart of that development. WCI is a global association of coal enterprises - providing a voice for coal in international policy debates on energy and the environment and promoting awareness of coal s importance as a clean, efficient fuel, essential to both the generation of the world s electricity and manufacture of the world s steel. 2

3 INDUSTRY EVENT September 2005, Sofitel, Brisbane COMPLIMENTARY SPOUSE TOURS Half Day City Tour of Brisbane Wednesday 14 September: Discover historic Brisbane! Morning tea at Roma Street Parklands allows travellers to view the beautiful gardens, boasting wonderful sculptures throughout the Parklands. Then travel up to Mt Coot-tha for spectacular views of Brisbane. *Full Day Tour to the Sunshine Coast Thursday 15 September Head north from Brisbane to the Australia Zoo, home of The Crocodile Hunter and a huge range of animals - meet the cuddly koalas, view the majestic birds of prey and feed the kangaroos or camels. Continue onto Noosa and wander along cosmopolitan Hastings Street, or visit the National Park to see koalas in the wild. The Sunshine Beach Surf Club is the place for a classic Aussie lunch with fantastic views of the beach, before returning to Brisbane in the late afternoon. OR *Full Day Tour to O Reilly s National Park/Mount Tamborine Thursday 15 September Climb high above the surrounding coastal plain to the cool rainforests of Lamington Plateau, via Mount Tamborine, with its spectacular views of the Gold Coast and glistening waters of the Pacific Ocean. Then head toward the Green Mountains of O'Reilly's, traversing old logging tracks and reliving the epic adventures of early settlers. Enjoy a guided walk through the tree-tops 16 metres above the forest floor, looking out for the Antarctic Beach trees and the Bellbirds, Rosellas and Parrots. Travel through Canungra, the old sawmilling town, now home of the Australian Army's Jungle Warfare Training Centre, before arriving back in Brisbane in late afternoon. * There will only be one full day tour on 15 September, this will be decided by popular demand THE VENUE Positioned in one of the city s most central locations is the magnificent Sofitel Brisbane. Originally the first international hotel in Brisbane, today a 5-star hotel of refined elegance and truly personal service. The Sofitel has four dining and entertainment venues and an award winning brigade of chefs, a supervised health and fitness centre, sauna and spa, hotel masseur and 12m heated pool, a fully equipped business centre, babysitting service and hair and beauty salon. 3

4 *Comments from previous Coaltrans events "We never had the chance to meet so many contacts under one roof. It also gave us a chance to introduce our company to many new end-users and miners" CONFERENCE PROGRAMME WEDNESDAY 14 SEPTEMBER Pre-registration Welcome Reception hosted by Sedgman Pty Ltd Sofitel Hotel DAY ONE: THURSDAY 15 SEPTEMBER Registration & Refreshments hosted by TFS Energy 0800 Exhibition opens 0900 WELCOME REMARKS Gerard Strahan, Managing Director, Coaltrans Conferences Ltd. SESSION 1: NEW DEVELOPMENTS IN THE AUSTRALIAN COAL SECTOR CHAIR: Michael Roche, Chief Executive, Queensland Resources Council 0910 KEYNOTE ADDRESS A SMART FUTURE FOR COAL Australia's Mining Industry - powering growth in world markets Prospects for Queensland's coal industry Related public and private sector investments The Hon. Peter Beattie, MP, Premier of Queensland & Minister for Trade 0930 CRITICAL SUCCESS FACTORS FOR THE AUSTRALIAN COAL INDUSTRY People, skills and social infrastructure Physical infrastructure Sustainability John Pegler, President, Queensland Resources Council/CEO, Ensham Resources Pty Limited 0950 STRATEGIC CONSIDERATIONS IN THE DEVELOPMENT OF NEW MINING CAPACITY Peter Coates, Chief Executive Officer, Xstrata Coal 1010 THE POSITIVE OUTLOOK FOR AUSTRALIAN COAL EXPORTS Strong demand from Asian power and steel sectors drives Australian export performance China and India: key determinants for Australian coal export opportunities Coal supply capacity and infrastructure issues Brian Fisher, Executive Director, ABARE 1030 Questions & Answers 1045 Refreshments hosted by TFS Energy SESSION 1: NEW DEVELOPMENTS IN THE AUSTRALIAN COAL SECTOR (cont) CHAIR: Shaun Browne, Executive Chairman, AME Mineral Economics 1115 CHALLENGES FOR AN EXPANDING PRODUCER Managing a diverse portfolio of developing mining assets Transport infrastructure issues Tony Haggarty, Managing Director, Excel Coal Ltd COAL - TOWARDS A CLEANER TOMORROW Rio Tinto's position on climate change The case for coal in the future energy mix Exciting new technologies and their impact on coal use Challenges which lie ahead Grant Thorne, Managing Director, Rio Tinto Coal Australia 1155 SOUTHERN QUEENSLAND FUEL FOR THE FUTURE Australia s sub-bituminous A coal resources Increasing demand for high quality, low pollutant sub-bituminous coal Graeme Robertson, Managing Director, New Hope Corporation Limited 1215 THE COAL21 PROGRAM AND RECENT DEVELOPMENTS IN CLEAN COAL TECHNOLOGIES Background and current activities of the COAL21 program Recent developments in advanced power generation and CO 2 capture and storage The future for coal-based power generation in Australia Mark O Neill, Executive Director, Australian Coal Association 1235 Questions & Answers 1245 Lunch hosted by Global Resource Asset Exchange Pty Ltd. SESSION 2: INNOVATIONS IN BANKING & FINANCE FOR THE COAL INDUSTRY CHAIR: Shaun Browne, Executive Chairman, AME Mineral Economics 1415 M&A ACTIVITY AND CORPORATE FINANCE IN THE COAL INDUSTRY How is the structure of the coal industry changing? What's driving the coal equity market? What funding opportunities are available? Richard Price, Executive Director, Macquarie Bank 4 "The most professional conference I have attended"

5 "It was a success in terms of client contact and identifying new opportunities for future business" 1435 TRADE FINANCE IN PERSPECTIVE Open terms risk on buyers - options to protect your sales proceeds Sovereign risk - does it matter? Letter of credit confirmations Leigh Pedler & Karen Amos, Executive Managers - Commodities & Trade Finance, Société Générale Australia Branch 1455 Questions & Answers USD per Tonne Australian Thermal Coal Export Price 1500 Refreshments hosted by TFS Energy SESSION 3: CHALLENGES FOR THE COAL SUPPLY CHAIN & TRANSPORT INFRASTRUCTURE CHAIR: Phil Williams, Partner, Accenture Australia Ltd 1530 PARTNERING FOR SOLUTIONS IN THE COAL CHAIN Investment - meeting future growth Results and achievements Innovation Robert Scheuber, Chief Executive, Queensland Rail 0 Jan-86 Jan-87 BJI Jan-88 Jan-89 Jan IS THE FREIGHT BULL MARKET SET TO CONTINUE? China's dominant influence Developments in fleet supply David Schenk, Partner, Simpson, Spence & Young (Australia) 1715 Questions & Answers 1745 End of Day 1 Jan-91 Jan-92 JPU Contract Jan-93 Jan-94 Jan-95 Jan-96 Jan-97 Jan-98 Jan-99 Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Source: Barlow Jonker 1550 THE EXPANSION OF THE DALRYMPLE BAY COAL TERMINAL Operating in a regulated environment Planned expansion of the terminal Chris Chapman, Chief Executive Officer, Prime Infrastructure Management Limited GALA RECEPTION AND AUSTRALIAN BUSH DINNER Hosted by Ensham Resources Pty Limited Million Tonnes 1610 GROWING PORT CAPACITY IN LINE WITH NEW MINING DEVELOPMENTS Gladstone/RG Tanna Terminal expansion plans Potential new coal terminal at Wiggins Island Leo Zussino, Chief Executive Officer, Gladstone Port Authority 1630 A CO-OPERATIVE MODEL FOR MAXIMISING COAL CHAIN CAPACITY: LESSONS FROM THE HUNTER VALLEY Revolutionising the approach to capacity creation in a highly fragmented coal chain Delivering record coal exports while minimising demurrage costs Ensuring that infrastructure is not a constraint in meeting export demand Anthony Pitt, General Manager, Hunter Valley Coal Chain Logistics Team Australian Coal Exports The Woolshed, Ferny Hills, Brisbane See Page 7 for details DAY TWO: FRIDAY 16 SEPTEMBER Refreshments hosted by TFS Energy 0800 Exhibition opens SESSION 4: INTERNATIONAL THERMAL COAL MARKETS & THE IMPACT ON AUSTRALIA CHAIR: Mark O Neill, Executive Director, Australian Coal Association 0900 THERMAL COAL - TOO MUCH? TOO SOON? Strong demand, strong prices New capacity, new investors Volume focus, not cost control How long can it last, how dramatic the fall? Has the market made a step change to a new price level? Bill Simes, Executive Director, Barlow Jonker Pty Ltd Metallurgical Thermal Source: Barlow Jonker 0920 OBSERVATIONS ON INDONESIAN COAL EXPORTS THROUGH 2010 Philip Gasteen, Head & Senior Vice President Marketing & Logistics, Banpu "As my first Coaltrans, this was an amazing opportunity to personally meet most of the players I have been dealing with and also make a great deal of new contacts" 5

6 "The speakers chosen were excellent and the perspective of coal planning and supply was very well handled." 0940 COAL PURCHASING STRATEGIES FOR KOREA Electricity demand growth for Korea Coal's role in the Korean energy mix Australia's importance as a long-term supplier Y.J.Lee, Team Leader/Senior Manager, Fuel Team, KOSEP 1000 PROSPECTS FOR ASIAN COAL-FIRED GENERATION Can coal compete with LNG? Who will build new coal-fired capacity, and where? How much of the capacity will use imported coal? Martin Daniel, Editor Power in Asia, Platts 1020 THE ELECTRICITY SUPPLY / DEMAND OUTLOOK IN AUSTRALIA TO 2020 An assessment of the timing and extent of new generation needs Identification of the key challenges needing resolution to support large scale capital investment Brad Page, Chief Executive Officer, Energy Supply Association of Australia 1040 Questions & Answers 1100 Refreshments hosted by TFS Energy SESSION 5: COKING COAL HOW LONG WILL THE BOOM LAST? CHAIR: Stephen Gye, Executive Director, Barlow Jonker Pty Ltd THE OUTLOOK FOR AUSTRALIAN METALLURGICAL COAL MARKETS: SUPPLY, DEMAND AND LOGISTICS Will recent price settlements encourage excess of supply in metallurgical coal markets? How long will logistical constraints be an issue in matching supply with demand? Can strong demand be sustained at current coal and steel prices? Dr Peter Richardson, Global Metals & Mining Strategist & Head of Global Commodity Research, Deutsche Bank Global Research USD per Tonne Jan-86 Jan-87 Jan-88 Jan-89 Jan-90 JSM Contract Australian Hard Coking Coal Export Price Jan-91 Jan-92 Jan-93 Jan-94 Jan-95 Jan-96 Jan-97 Jan-98 Jan-99 Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Source: Barlow Jonker 1150 AN INDIAN INVESTOR S VIEW OF COKING COAL MINING PROSPECTS IN AUSTRALIA Arun Kumar Jagatramka, Vice Chairman & Managing Director, Gujarat NRE Coke Ltd, India 1210 NORTH EAST BRITISH COLUMBIA - AN EMERGING COMPETITOR TO AUSTRALIAN COAL A review of existing Canadian production Rapid growth and expansion potential of low volatile PCI and hard coking coal Gary K. Livingstone, President, Western Canadian Coal 1230 COKING COAL OUTLOOK FOR THE INDIAN STEEL INDUSTRY Expansion of the Indian steel industry Strategic options for metallurgical coal procurement K.K. Khanna, Technical Director, Steel Authority of India Ltd 1250 Questions & Answers 1300 Lunch hosted by Macquarie Bank SESSION 6: COAL TRADING & RISK MANAGEMENT CHAIR: Kevin Gallagher, Chief Representative, Sumitomo Coal 1415 THE CHANGING COAL MARKET - FROM THE BEGINNING TO NOW The history of coal derivatives so far Drivers for a successful coal swap market Why we need coal swaps - How derivatives can be used - An example for the producer and consumer Mike Hopkins, Energy Marketing Manager, TFS, Australasia 1435 THE ROAD TO COAL COMMODITISATION IN THE PACIFIC What is coal commoditisation? Should we even be travelling this road - does it take us to the wrong destination? Trade-offs between security of supply and flexibility Does commoditisation mean increased risk? How long is this journey going to take? Jeremy Peters, Director, Constellation Energy 1455 FINANCIAL COAL SWAPS - GROWING IN IMPORTANCE Relative size of coal markets versus gas, power and crude Users of financial coal swaps growing steadily in Europe Increased liquidity and the importance of index linked physical transactions James Morrison, Head of Commodities Asia Pacific, Barclays Capital 6 "The event was well organised, focussed on the key issues and highly enjoyable"

7 "Extremely well run and organised with a very good venue and facilities" 1515 EMISSIONS TRADING FOR THE COAL INDUSTRY: NOT WHY BUT WHEN Obtaining credits at lowest cost Differentiating credit classes Why forest plantations are good for coal Trading risks Hedging over a 30 year period: strategies and options Andrew Grant, Managing Director, CO2 Australia Limited 1535 Questions & Answers Gala Reception and Australian Bush Dinner Back to the Future Spectacular Thursday 15 September Refreshments hosted by TFS Energy SESSION 7: MINING OPERATIONS & ECONOMICS CHAIR: Stewart Butel, Director Coal Operations, Wesfarmers Energy 1600 AUSTRALIAN LONGWALLS - WHERE TO FROM HERE? Australian longwall performance Why don't we do better? Is more power, technology or capital the answer? Brian Nicholls, Mining Engineer, Brian Nicholls Mining Consultants 1620 CAN TODAY S PROJECTS SURVIVE WHEN PRICES FALL? Developers are hustling new projects, but record prices won t last Is coking coal pricing now different to steam and PCI coal? Can today s projects survive? How much new infrastructure is needed? Professor Donald W. Barnett, Managing Director, MINEC Pty Ltd LONGWALL TOP COAL CAVING AND ITS APPLICATION FOR AUSTRALIA S COAL MINING INDUSTRY Chinese investor reviews their new Australian operations Mine start-up plans, recovery and new technology Lia Cunliang, Managing Director, Yancoal Australia 1700 Questions & Answers 1715 End of Conference 1800 Departure for Post-Conference Field Trips hosted by Ensham Resources Pty Limited to celebrate Ensham's 50 Millionth Tonne of Production To mark production of its 50 millionth tonne, Ensham Resources is hosting an Australian Bush Dinner and entertainment extravaganza, featuring indigenous Australian performers, art and music, all within the setting of a typical Australian wool shed. The evening promises to be full of fun and surprises, and will include a celebrity auction for charity. Venue: The Woolshed, Ferny Hills, Brisbane Dress: Smart/Casual Attendance is complimentary to all delegates and their partners Programme Depart Sofitel to Ferny Hills Gala Reception begins Australian Bush Dinner Dazzling Entertainment Programme Guest speaker Nick Farr-Jones, Managing Director Mining Finance, Société Générale Australia Branch & Wallaby and Rugby World Cup Captain - Charity Auction of Ensham's 50 Millionth Tonne and a selection of memorabilia items Depart for Brisbane "Coaltrans was a well managed event covering most of the contemporary issues facing the coal sector. Participation as well as management of the event were world class" 7

8 POST-CONFERENCE FIELD TRIPS September 2005 Coaltrans Australia 2005 will be followed by a choice of three optional Field Trips, to give delegates the opportunity to visit mines, ports and rail operations, and see at first hand new mining and infrastructure developments within Australia s coal industry. MINES FIELD TRIP A NORTHERN BOWEN BASIN QUEENSLAND Burton Coal Mine Burton Mine was established in 1996 as a high quality coking coal mine with production now exceeding 4MT p/a. Burton Mine is a successful Joint Venture arrangement with 95% ownership by Peabody Energy and 5% by Thiess, with operational responsibility for mining, coal preparation, haulage and rail loading of the coal. The coal seams range in thickness from 6-11 metres and dip to the southeast at approximately 22 degrees, which requires a special extraction technique called terrace mining. This optimises production and provides flexibility in terms of the number of working platforms at different elevations, thus less risk of being interrupted by flooding after heavy rain. Hail Creek Hail Creek is an open cut coking coal mine operating near Mackay in Central Queensland with approximately 250 employees. After opening in 2003, Hail Creek's production in 2004 totalled 5.1MT, for markets in Japan, Korea, Taiwan, India, Europe, China and Brazil. An A$338million expansion of the operation, taking capacity to 8MT p/a, has recently begun, and studies for options beyond that capacity are also underway. Hail Creek is a joint venture between Rio Tinto (82%), Nippon Steel Corporation (8%), Marubeni Coal Pty Ltd (6.33%) and Sumisho Coal Development Queensland Pty Ltd (3.67%). Millennium PORTS Now under construction, this new open-cut coking coal mine is set to produce 1.5MT initially, starting in 2006 and building up to 3MT in It is located 25km SE of Moranbah, is owned 86% by Excel and involves a joint venture with BHP Mitsui Coal. Delegates will be able to see the ongoing developments at the mine, including mine and coal preparation infrastructure construction. Dalrymple Bay Coal Terminal (DBCT) DBCT was established in 1983 by the Queensland Government as a common User coal export facility. The terminal is linked to the Bowen Basin coalfields by the electrified Goonyella rail system operated by QR. DBCT exports approximately 52MT p/a of PCI, thermal and coking coal, making it Queensland's largest export coal terminal. DBCT currently has 9 major mining customers of which 7 are operating 11 local mines. The terminal is a significant common-user facility with a large number of users and its operation is unique compared to other coal terminals. Hay Point Terminal Hay Point Coal Terminal, located 38km south of Mackay, Queensland, is one of the world s largest and most efficient coal receival, stockpiling and shipping facilities. Operated by Hay Point Services for the BHP Billiton Mitsubishi Alliance (BMA), the terminal is currently being upgraded to increase annual throughput capacity by 6MT tonnes to 40MT p/a. Hay Point Coal Terminal is a key link in BMA s plan to capture a major share of the forecast strong growth OUTLINE ITINERARY Friday 16 September 2005 Evening flight, Brisbane-Mackay Stay overnight at Mackay Saturday 17 September 2005 Site visit by coach to: 1. Hail Creek, hosted by Rio Tinto 2. Burton, hosted by Peabody Coal 3. Millennium, hosted by Excel Dinner and stay overnight at Mackay Sunday 18 September 2005 AM: Site visit to Hay Point Terminal, hosted by BMA Site visit to Dalrymple Bay Coal Terminal, hosted by Prime Industries PM: Flight from Mackay to Brisbane Post-Conference Field Trips Delegate fees AUD$2, % GST = AUD$3284 The delegate fee covers: - Flights from Brisbane - All ground transportation - Overnight accommodation and all meals on September Please note that places on Field Trips are limited and allocated on a strictly first-come first-served basis. Field Trips are subject to a minimum number of registered delegates. Please register on page 12 Why participate in these Field Trips? A Coaltrans Field Trip will provide you with: A unique opportunity to meet exclusively with senior management Comprehensive visits to mine, port and rail facilities Social activities and networking 8

9 MINES Blair Athol FIELD TRIP B SOUTHERN BOWEN BASIN - QUEENSLAND Blair Athol is Australia's largest export thermal coal mine, operating near Clermont in Central Queensland with approximately 180 employees. Mining at Blair Athol is from a single seam up to 30 metres thick, and production in 2004 totalled 12.2MT. Power utilities in Japan use over 6MT of Blair Athol Mine coal every year, and more than 5MT is sold to customers in Asia, Europe, the Middle East and South America. Blair Athol is a joint venture between Rio Tinto (57.2%), Leichhardt Coal (31.4%) (which is a company owned by Uni Super, Rio Tinto and EPDC (Australia) Pty Ltd), Japanese power utilities EPDC (Australia) Pty Ltd (8%) and JCD Australia Pty Ltd (3.4%). Ensham Mine Ensham is on the move - from 8MT p/a in 2004 of thermal and semisoft coal from dragline and truck/shovel operations, to 20MT p/a in 2009 from expanded surface and new underground operations. The Ensham coal resource contains more than 1bn tonnes of high energy coal, mostly saleable without beneficiation. Skilled employees, work arrangements with a residential village and flexible work practices provide benchmark productivity and reliability of supply. Rolleston Rolleston Coal Mine is an A$516 million project that is currently being developed to commence operation in the final quarter of It is a long-life, open-cut, export and domestic thermal coal operation located in the Bowen Basin, in Central Queensland. The mine will produce some 1MT in 2005, with full production of 6MT for export per annum (mtpa) and 2MT of domestic production expected in PORTS Port of Gladstone Central Queensland Ports Authority (CQPA) is responsible for the management of both the Port of Gladstone and Port Alma. The Port of Gladstone is Queensland s largest multi-commodity port and is home to the world s fifth largest coal export terminal the RG Tanna Coal Terminal. Both port centres serve Central Queensland s major industries through the import of materials such as bauxite and ammonium nitrate and the export of products including coal, alumina, and meat products. Friday 16 September 2005 Flight, Brisbane-Emerald Stay overnight Emerald OUTLINE ITINERARY Saturday 17 September 2005 Site visits by coach to: 1. Blair Athol, hosted by Rio Tinto 2. Ensham Mine, hosted by Ensham Resources Stay overnight, Emerald Sunday 18 September 2005 AM: Site visit to Rolleston, hosted by Xstrata Coal PM: Flight Emerald to Gladstone Site visit to Port of Gladstone Flight from Gladstone to Brisbane MINES Bulga Complex FIELD TRIP C HUNTER VALLEY - NSW Xstrata Coal s Bulga Complex, comprising Beltana highwall underground mine and Bulga open cut, produces export thermal and semi soft coal. In 2004, Bulga Complex produced almost 9MT of product coal, with the coal preparation plant handling 13.5MT of ROM coal. Beltana is the most cost-effective and highest producing longwall mine in Australia. In 2004, its first full year of production, Beltana produced almost 6MT of ROM coal. Mount Arthur North Mt Arthur Coal is a large open cut coal mine less than 5km from the town of Muswellbrook. The mine is located in the Upper Hunter region of New South Wales and is surrounded by rural properties, horse studs, vineyards, olive groves and residential suburbs. Integrating operations in a sympathetic manner with our neighbours is a key philosophy of the operation. The mine will produce up to 15MT p/a of raw energy coal when full production is achieved in 2006, for domestic and export markets. Wambo Wambo is Excel Coal s largest operating mine, and the open cut mining operations are contracted to Roche Mining, and will produce approximately 5MT of ROM coal in The quality and consistency of its coal has gained wide market acceptance amongst the major Japanese power utilities for over 20 years. Wambo is currently being expanded, with a 15km rail spur and loop and associated clean coal handling and rail loading facilities. New mining equipment in 2005 will increase open cut production capacity by around 40%. Plans are also well advanced for developing a 2MT p/a longwall mine in the Wambo Seam, accessible from the open cut highwall. PORTS Port Waratah Coal Terminal Port Waratah Coal Services Limited operates two terminals: Carrington and Kooragang and receives, assembles and loads Hunter Valley coal for export to customers around the world. Drawing on less than 20 diverse coal suppliers and using sophisticated blending and quality control techniques, PWCS is a world leader in coal handling and works closely with coal exporters, rail and port organisations to improve communication and joint planning within the Hunter coal handling industry. A$170m of capital expenditure to increase throughput at PWCS to 102MT by Q has recently been approved. Plans are also afoot to boost overall capacity to 120MT. Hunter Valley Coal Chain Logistics Team Presentation on the operation of the HVCCLT, its planning processes and business model. - An overview on the Hunter Valley Coal Chain performance and outlook for capacity in the Hunter Valley Coal Chain over the next ten years - Walk through of the office facility and planning approach - Demonstration of the new technology being developed for the HVCCLT. This is a constraint based planning and scheduling system that will ultimately manage all coal through the largest coal export chain in the world. OUTLINE ITINERARY Friday 16 September 2005 Evening flight, Brisbane-Newcastle Stay overnight Hunter Valley Saturday 17 September 2005 Site visits by coach to: 1. Bulga Complex, hosted by Xstrata Coal 2. Wambo, hosted by Excel 3. Mount Arthur North, hosted by BHP Billiton Stay overnight Hunter Valley Sunday 18 September 2005 AM: Site visit to Port Waratah PM: Departure for Sydney/Newcastle/Brisbane See page 10 for Field Trip location map 9

10 POST-CONFERENCE FIELD TRIPS September 2005 Field Trip location map (see page 8-9 for field trip details) Field Trip A Field Trip B Field Trip C 10

11 SPONSORSHIP AND EXHIBITION Sponsorship and exhibition stand opportunities Enhance your market position by taking one of these business development options SPONSORSHIP Sponsorship at Coaltrans Australia is a prime opportunity to raise your company s profile. You will receive increased exposure to senior energy industry representatives and companies operating in Australia. Sponsors as of 27 May 2005 Sponsorship options include Platinum, Gold, Silver or Bronze options, each of which come with attendant benefits. There are also a variety of other sponsorship choices, which incorporate all budget needs and commercial requirements. GOLD SPONSORS SPONSORS CO-ORGANISERS SUPPORTERS OFFICIAL PUBLICATION EXHIBITION STANDS The Coaltrans Australia exhibition will be located in an area adjacent to the main conference auditorium, and will be the central focus for refreshment breaks, with meeting areas to allow maximum contact with delegates. Stand spaces are available in 6sqm, 9sqm and 18sqm packages. Pre-built stands are designed to allow you to exhibit with the minimum of effort. This is the ideal opportunity to establish new business contacts and promote new products or services to the coal and energy markets. To make enquiries and receive a detailed sponsorship package or stand details, please contact: Alastair MacDonald, Coaltrans Conferences, Nestor House, Playhouse Yard, London EC4V 5EX, United Kingdom. Tel: , Fax: , amacdonald@euromoneyplc.com Web: Exhibition Floor plan xstands reserved as at 27 May

12 COALTRANS AUSTRALIA 2005 REGISTRATION FORM SEPTEMBER 2005 Four other ways to register The easiest way to register is online at (quoting brochure ref:) Fax: please quote this reference when booking your place Telephone: (quoting brochure ref:) Brochure ref: CT WEB Post: Coaltrans Conferences Ltd Nestor House, Playhouse Yard London EC4V 5EX, UK REGISTRATION FEE AUD $2,045+GST (by 5 August) - STANDARD FEE AUD $2,295+GST (after 5 August) Fee includes: 1. Attendance at all conference sessions 2. Full conference documentation, which includes copies of all available speakers papers 3. Complimentary tours, refreshments, lunches and evening receptions Delegates By 5 August After 5 August Discount 1 $2, GST = $2, $2, GST = $2, $1, GST = $2, $2, GST = $2, % 5-8 $1, GST = $1, $1, GST = $2, % 9-11 $1, GST = $1, $1, GST = $2, % 12+ $1, GST = $1, $1, GST = $1, % GST is charged at 10%. Organisations outside Australia may be able to reclaim the GST. Delegates should check with their excise authority as to which domestic fiscal regulations apply. ACTIVITIES I will be bringing my spouse: Name Date Self Spouse Fee Half Day Brisbane Tour Free Gala Dinner Free Full Day Tour Sunshine Coast Free Full Day Tour National Park Free Field Trip A $2985+GST Field Trip B $2985+GST Field Trip C $2985+GST IT IS IMPORTANT TO FILL OUT ALL THE INFORMATION BELOW Please photocopy this form for multiple bookings Delegate details Mr/Mrs/Ms First name Surname Job title Tel Fax Organisation details Company Name Please supply your company description for the delegate profile directory Company Activity (15-20 words) Address Postcode Country Tel Fax HOTEL You will be invoiced for a deposit of AUD$250. Alternatively you can secure your room by supplying a credit card number below. Arrival / Sofitel Brisbane Rate: AUD$231 (EXAMPLE: Power GenCo operates three 200MW power plants in the UK and consumes 4MT of coal.) Rate includes taxes but excludes breakfast Departure / Single /Double /Twin PAYMENT Payment may be made in one of three ways - please tick appropriate box Conference fee Hotel deposit 1. Please debit my CREDIT CARD No. Visa/Master/Euro Amex (no other cards accepted) Expiry date / Credit card payments will be processed in sterling so exact fee may vary according to exchange rates Signed... Conference fee Hotel deposit 2. Payment by BANK TRANSFER should be made through Lloyds Bank plc, PO Box 72, Bailey Drive, Gillingham Business Park, Kent ME8 OLS, account number , sort code: iban GB81LOYD (all charges to be paid by sender) Conference fee Hotel deposit 3. CHEQUES should be drawn on a UK Bank and made payable to Coaltrans Conferences Ltd. A receipted invoice will be sent to all delegates. Please complete and return this form together with a copy of your credit card number, bank transfer or cheque, payable in AUD$ to Coaltrans Conferences Ltd, and send by post or fax to: Coaltrans Conferences Ltd Nestor House, Playhouse Yard, London EC4V 5EX, UK Tel: , Fax: coaltrans@euromoneyplc.com CANCELLATIONS Hotel deposits will be refunded in full, providing notification of cancellation is received one calendar month prior to the conference ie 15 August After this date, refunds minus 10% administration costs, will be issued after the conference, only if your room is re-sold. In the event of a no-show, you will be charged for all nights reserved. Conference fee: All cancellations must be received in writing before 15 August 2005 for a full refund, less a 10% administration charge. We cannot accept verbal cancellations. Cancellations received after 15 August 2005 are liable for the full conference fee. However, substitutions can be sent to attend in your place at no extra charge. If owing to a force majeure, Coaltrans is obliged to postpone or cancel the event, Coaltrans will not be liable for any travel or accommodation expenses incurred by delegates or their organisations. Data protection: The information that you provide will be safeguarded by Coaltrans Conferences Ltd, a division of Euromoney Institutional Investor PLC group, whose subsidiaries may use it to keep you informed of relevant products and services. We occasionally allow reputable companies outside the Euromoney Institutional Investor PLC group to contact you with details of products that may be of interest to you. As an international group, we may transfer your data on a global basis for the purposes indicated above. If you object to contact by telephone fax or please tick the relevant box. If you do not want us to share your information with other reputable companies, please tick this box 12