Whitehaven Metallurgical Coal Acquisition Presentation
Blackwater and Daunia – rehabilitation
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Whitehaven has a strong reputation of responsible and effective mine rehabilitation
Daunia and Blackwater are long-life mines that are well-positioned to meet rehabilitation commitments
Blackwater
Daunia
■ Current Estimated Rehabilitation Cost (ERC)
for Blackwater is A$642.7m
■ Current ERC for Daunia is A$92.5m
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Expected mine life ~17 years
Expected mine life >50 years¹
Rehabilitation obligations
supported by the Queensland
Government scheme
■ Whitehaven has obtained an
indicative 'moderate' risk
category allocation from Qld
Treasury for Blackwater
Accordingly, confirmation that the
initial A$450m of ERC to be via a
contribution to the Queensland
Financial Provisioning Scheme
Fund
■ A$285.2m will be sourced as part
of guarantee package
32 1. Conceptual mine planning suggests Blackwater mine life could extend beyond 50 years with mine life dependent on prevailing local and macroeconomic conditions
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