Transitioning from coal: An invitation to use Svea as a base for research and academic work. UNIS October 15th, 2015

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1 Transitioning from coal: An invitation to use Svea as a base for research and academic work UNIS October 15th, 2015

2 Store Norske: Our ambition for new activities Developing new areas for profitable business in parallel with coal mining Store Norske is and shall continue to be a locomotive for industrial business development in Svalbard Store Norske will develop its real estate portfolio to remain a robust, profitable and sustainable support pillar for the community Store Norske will secure access to financial capital and implement profitable project both independently and together with local and other partners Store Norske shall endeavor to increase the diversity of commercial activities present in Svalbard By the end of 2016, Store Norskes shall set up at least 30 new profitable jobs Svea (SARI), Gruve 3 and Hotellneset are presently the most likely porjects to contribute, but completely new business activities will also be required Business development in SNSK will be branded: STORE NORSKE MOMENTUM («SNM»)

3 «SNM» will focus on three main areas Coal mining only activity to be excluded from the SNM mandate Running projects All new business areas Mineral claims Svea Arctic Research Infrastructure (SARI) Gruve 3 museum Hotellneset industrial estate Pole Position Logistics Project development will be at the core of all activities in SNM Systematic and structured approach to building factbased documentation Secure access to financial capital and other resources required for rapid start-ups Create business case for exploiting mineral claims Processing minerals and other natural resources Sea bed mining

4 Svea is a separate community Further development of new activities required to maintain future profitability

5 The Svea site is compact and easily accessible All infrastructure and services located within a few miles of airport Building 29 scheduled for refurbishment Meeting rooms and communal areas to be added, including low cost accommodation Dining Mess hall Mess hall is centrally located within walking distance of all accommodation Technical Offices, labs and warehouse FUNCTION LOCATION COMMENT Accommodation Building 29 Building30 newly refurbished and 30 ensuite rooms Sjøområdet Kapp Amsterdam Mechanical and technical shop floor facilities more than adequate for expected demand Existing buildings will be upgraded and expanded to include offices and labs Areas have been set aside for possible expansions

6 Svea Arctic Research Infrastructure (SARI) Transformation of the Svea mining community The SARI ambition is to increase profitable activity using the existing Svea infrastructure A location for research, education, training and equipment testing SARI: a permanent year-round high standard facility Logistical hub and storage for all field activities Offices and labs; larger dedicated test facilities to come Partnership between Store Norske and SINTEF, UNIS and SIVA Store Norske to supply all services and infrastructure Site users will pay standard daily fee for access to facilities SARI will be marketed internationally for different subjects Research projects and education (Master, PhD) Testing equipment and material technology Personnel training in HSE, Search & Rescue etc The Svea site has an advantageous location No similar sites can be reached as easily from all of Europe

7 Logistical hub and warehouse already planned Substantial upgrade of exisiting industrial buildings in Svea

8 Comparative advantages underpinning Svea / SARI R&D has been an on-going activity for more than 30 years Current infrastructure is extensive and well maintained Full service regional airport (gravel runway, fire station) Deep water port (14m) accessible July through December On-site power and water supply; refuse and recycling services Extensive shop floor capacity: car / truck / mechanical / electrical shop Room and board capacity in excess of 300 persons On-site logistical warehouse and storage (bulk, warm, cold) Meeting rooms and conference facilities Robustness through increasing local demand for services UNIS and SINTEF have announced growth ambitions Stable and reliable winter conditions The only site on Svalbard with easy and reliable access to sea ice Short distance to Southern and Eastern coastal areas Room to expand within existing planning zones Site already dedicated to research and commercial activities Available acreage can be customized for desired purposes

9 Arctic training Svea is an ideal site Activity levels are on the rise with industry increasingly venturing into the high Arctic Oil and oil services; seismic exploration Maritime operations, Search & Rescue Communications and Technology Svea is a natural site to stage preparation for any commercial activity in the polar regions Personnel can be trained both on and offshore in a controlled environment Working in low temperatures and icy conditions Adapting HSE for working in the polar night Equipment testing possible in highly realistic working conditions Durability and robustness Environmental impact and restitution «Arctic Technology» emerging field

10 Three sites three different profiles Svalbard has multiple offerings to cater for a wide range of activities NY-ÅLESUND Environmental and climate research LONGYEARBYEN Main hub, logistics Atmospheric research, Education and training SVEA Industrial and technical research and development Arctic training (HSE, SAR)

11 A few questions from our side What do we need to provide to make Svea (more) attractive for you? What type of work/study will most benefit from having access to Svea? How long in advance do you need to plan? What predictability do you need when you plan? What information? Are there other institutions outside UNIS/Norway who would be interested? Do you have any questions for me?

12 Contact information Aleksander Askeland Director Sales & Business Development Store Norske Spitsbergen Kulkompani AS Mobile: Direct:

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