Whitehaven Coal Limited · ASX:WHC
Whitehaven Coal — NSW Mineral Exploration and Investment Conference 2009
20 slides from Whitehaven Coal's conference presentation, Aug 14, 2009
Slide 1: ASX cover letter for conference presentation
WHITEHAVEN COAL LIMITED ABN 68 124 425 396 Level 9 1 York Street Sydney, NSW 2000 PO Box R1113 Royal Exchange NSW 1225 Ph: 02 8507 9700 Fax: 02 8507 9701 Web: www.whitehaven.net.au 14 August 2009 The Manager, Listings Australian Securities Exchange Company Announcements Office Level 4 Exchange Centr
Slide 2: Whitehaven Coal Limited: Delivering Growth
Whitehaven Coal Limited Delivering Growth Presentation to DPI Conference August 14, 2009
Slide 3: Disclaimer
Disclaimer Statements contained in this material, particularly those regarding the possible or assumed future performance, costs, dividends, returns, production levels or rates, prices, reserves, potential growth of Whitehaven Coal Limited, industry growth or other trend projections and any estimate
Slide 4: Contents
Contents • A snapshot • Status of growth plans • WHC Outlook Presentation to DPI Conference – August 14, 2009 2
Slide 5: A snapshot
A snapshot ASX listed company “WHC”; market capitalisation ~A$1.6 billion Large coal resources in the Gunnedah Basin (refer ASX release 10th March 2009) Superior coal quality: PCI + low-ash, low-sulphur, high energy thermal coals First mover and major coal producer/developer in the Gunnedah Basin Sa
Slide 6: Experienced managers/owners
Experienced managers/owners Director/Title Experience John Conde AO +30 years commercial experience ► Directors have extensive Non-Executive Chairman coal industry experience. Neil Chatfield +25 years in transport and resources Non-Executive Director industries ► Directors are proven mine developers
Slide 7: Whitehaven is the leading coal producer and developer in the Gunnedah Basin
Whitehaven is the leading coal producer and developer in the Gunnedah Basin ► Whitehaven recognised the value of Gunnedah Basin coal early and has been building its large resource base for 10 years ► Narrabri was one of the last large Exploration Licences (EL) issued under the old NSW system, i.e. w
Slide 8: Solid, low-risk, existing OC business with up to 5 Mtpa saleable capacity
Whitehaven has a solid, low-risk, existing OC business with up to 5 Mtpa saleable capacity ► Gunnedah Operations – 3 OC Mines ► Tarrawonga Mine (WHC 70%) Resources to support 15 – 20 year LOM Permitted to 2.0 Mtpa ROM PCI & high quality thermal coals Saleable coal yield >90% ► Rocglen Mine (
Slide 9: Gunnedah operations – CHPP and rail loader
Gunnedah operations – CHPP and rail loader ► Gunnedah Operations CHPP (WHC 100%) Permitted to handle and rail 4.0 Mtpa Handles all coal from Tarrawonga, Rocglen and Sunnyside Approximately 50% of ROM coal washed Washed coal yield >80% Total saleable coal yield >90% Presentation to DPI Conf
Slide 10: Werris Creek open cut mine
Werris Creek open cut mine ► Werris Creek OC Mine (WHC 100%) Resources to support 15 – 20 year LOM Permitted to 2.0 Mtpa ROM PCI and thermal coals Saleable yield 100% Own crushing and rail load-out Presentation to DPI Conference – August 14, 2009 8
Slide 11: Contents
Contents • A snapshot • Status of growth plans • WHC Outlook Presentation to DPI Conference – August 14, 2009 9
Slide 12: Narrabri UG - Stage 1 construction on track
Whitehaven has substantial, near-term growth with Narrabri UG - Stage 1 construction on track ► Narrabri Project (WHC 70%) Low ash, high energy, low sulphur thermal coal for the export market Surface facilities are nearly finished with drift drivage well advanced Continuous miner operations ex
Slide 13: Narrabri UG - Stage 1 construction on track
Whitehaven has substantial, near-term growth with Narrabri UG - Stage 1 construction on track 1110m Presentation to DPI Conference – August 14, 2009 11
Slide 14: WHC growth profile coordinated with infrastructure development
WHC growth profile is being coordinated with infrastructure development 1. Timing for stage 5 of the rail track upgrade is uncertain – it is expected that it will be completed in line with production requirements 12
Slide 15: Rail infrastructure to meet Whitehaven growth
Rail infrastructure to meet Whitehaven growth Whitehaven (60%) and Idemitsu (40%) have sponsored ARTC and RIC investment to increase rail track capacity Current track capacity is 6-7 train paths per day to Narrabri 5,400 tonne trains give capacity of 11-12 Mtpa between Whitehaven and Idemitsu......s
Slide 16: Port infrastructure to meet Whitehaven growth
Port infrastructure to meet Whitehaven growth ► Existing PWCS Terminal Ongoing capacity constraints at PWCS PWCS has expansion plans to 145 Mtpa ► Newcastle Coal Infrastructure Group (“NCIG”) Whitehaven owns 11% of NCIG....Stage 1 due to be commissioned in Q1 2010, in line with first Narrabri
Slide 17: Saleable production capacity growth
Existing low-risk open cut production base with substantial organic growth from Narrabri project ► Four open cut mines producing 4 Mtpa, capacity up to ~5 Mtpa WHITEHAVEN GROWTH - SALEABLE PRODUCTION CAPACITY 1. ► WHC has invested in rail track capacity upgrades to support 12,000 growth plans 10,000
Slide 18: Contents
Contents • A snapshot • Status of growth plans • WHC Outlook Presentation to DPI Conference – August 14, 2009 16
Slide 19: Outlook and positioning
Outlook and positioning • Coal Demand – Cyclical slowdown, but structural uptrend Global demand growth for thermal coal remains strong China currently importing much larger tonnages of Australian thermal coal, India following • Coal Supply – Constrained by infrastructure, general trend to higher pro
Slide 20: Near and medium term objectives
Near and medium term objectives ► Continue to manage existing open cut operations efficiently ► Deliver Narrabri on schedule and budget ► Active exploration within Gunnedah lease/EL areas ► Increase coal reserves and extend mine life at Werris Creek and Tarrawonga ► Look for bolt-on acquisitions ► G
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