Curragh Curragh Mine Tour

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1 Curragh Curragh Mine Tour 10 September 2004 Murray Bailey General Manager Curragh Qld Mining Pty Ltd

2 Curragh Mine Today Substantial reserves 94 million tonnes Low-ash, low volatile, hard coking coal 4.6 million tonnes exported annually Steam coal railed to domestic Power Stations 4 coal seams Aries, Castor, Pollux and Pisces 280 Curragh employees 200+ contract employees

3 Summary of Operation Multi-seam with 16km strike length Multiple large walking draglines Support fleet of mobile mining equipment Experienced personnel Contractor usage Two stage coal washing Multi product mine Export through Gladstone Port

4 Safety - a Core Value Lost Time Injury Frequency Rate

5 Area Geography

6 Major Stripping Unit - Dragline

7 Curragh Productivity 35,000 Tonnes per man / year 30,000 25,000 Wesfarmers 20,000 15,000 Curragh 10,000 5,000 Industry Average (Aus)

8 Curragh Mine Plan

9 Coal Mining at Curragh

10 Coal Handling & Preparation Plant

11 CHPP Schematic Reclaimers Coal Handling Plant Preparation plant feed raw coal stockpiles Process sampler Weightometer S Raw coal stackers Steaming coal stacker Raw steaming coal S Breaker station Dump station Loading bin SS Steaming coal stockpile 150,000 tonne Coking coal stockpile 150,000 tonne Coking coal stacker Bucket wheel reclaimer Middlings steam coal S S Coking coal Preparation Plant S S Crushing and screening station S Reject bin

12 Gladstone Port

13 Environmental Completed Rehabilitation

14 Curragh North Resource Curragh lease to Curragh North lease = 7 km Deposit 132 MT within mine plan area Aries, Castor and Pisces seams Thermal and export metallurgical coal Coal transportation distance 22 km

15 Curragh North Development and Mining 3 pits - North, Central and South Mine Lease area 4,800 ha Disturbed area 3,000 ha Mining to commence at western edge 2 draglines from Curragh for overburden removal Truck and shovel pre-strip Coal conveyed to Curragh for processing and rail

16 Curragh North Mine Plan NORTH MINING BLOCKS LEVEE S CENTRAL SPOIL DUMPS MINE INFRASTRUCTURE ROM, FEEDER & BREAKER SOUTH MINE SITE FACILITIES CURRAGH NORTH MLA TRANSPORT CORRIDOR

17 Mining Methodology

18 Mining at Curragh North Contractor boxcut and pre-strip for first 4 to 5 years Curragh-owned excavators and haulers to mine coal Conveyor transport of coal to Curragh Existing Curragh infrastructure utilised for: Coal handling and crushing Coal processing Stockpiling Rail load-out Dragline relocations to CN in 2006 and 2007

19 Curragh North ROM Coal Transport Options considered: Contractor road train Unitised coal haulers Conveyor Conveyor benefits: Avoids extensive upgrade of existing handling system Lowest NPC and cash operating costs Lowest HSE operating risk Sized for future growth

20 Curragh Production ROM - mtpa Curragh plus Curragh North Curragh stand-alone 2004 Plan

21 Coal Processing CHPP Plant Feed Fine coal circuit Tailings Tailings 11 t Raw Coal Distribution 2 Modules 4 Loops Desliming Screens Primary DMC Coking coal Coking Product coal Product 58 t Capacity and yield upgrade for CN in September 2004 Secondary DMC Steaming Steaming coal coal Product 21 t Reject Reject 10 t

22 Curragh North Capital Cost Total Cost $290m Major elements: Compensation CHPP upgrade Civil Infrastructure Mobile equipment Conveyor & coal handling

23 Curragh s Competitive Attributes Safety Workforce Skills and Flexibility Environmental Selection and Use of Technologies Mining, Coal Processing, Maintenance and Risk Management Capability Management, Marketing and Sales Expertise

24 w w w. w e s f a r m e r s. c o m. a u

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