SIGNIFICANT MILESTONES
Continued above capacity production from China Coke and
Chemicals (CCS)
77% improvement in coke spot prices
Improved cash flows permit early debt repayment
Improved profitability outlook
Preparation for production expansion to 1.2 mtpa underway
No drilling undertaken at the company’s tenements due to
inclement weather
Rocklands Richfield holds tenements over three highly prospective
coalfields in Queensland’s Bowen Basin; Hillalong (100% owned),
Rocklands (60% owned) and Richfield (60% owned). These projects are in
the vicinity of many other producing mines including Newlands, Hail Creek
and Blackwater.
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