This is a very good announcement.
"Riversdale Mining Executive Chairman Michael OfKeeffe said: gThis is an outstanding result for Riversdale
Mining and the companyfs shareholders. We have secured the participation of partners that are able to bring
investment, logistics experience and proven infrastructure capabilities to develop Zambeze and to deliver its
hard coking coal to world markets
gThrough our Chinese venture partners, we gain funding to develop the mine and a buyer for part of
Zambezefs off]take. We also gain access to world]class mine]to]ship logistics and infrastructure expertise to
facilitate the export of the minefs coal products,h Mr OfKeeffe said."
Also
"CCCC has considerable experience in port, rail and airport development having recently completed the Macau
international airport. The infrastructure group also has a long association with WISCO on barge operations on
the Yangtze River in Wuhan where WISCO has its main blast furnace.
The logistics infrastructure required for the Zambeze Coal Project will involve the development of barging
capacity using the Zambezi River and rail capacity to the ports of Beira and Nacala as well as port facilities
including loading and rehandling.
gAt Zambeze, Riversdale Mining has a Tier 1 hard coking coal project. Importantly, through our agreement
with the CCCC we will have access to the largest port construction company in China, a leading company in
road and bridge construction and design, a leading railway construction company and the second largest
dredging company in the world,h Mr OfKeeffe said."
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