23 October 2014

Maules Creek Coal Railings to Commence in January 2015

Whitehaven Coal Limited (ASX: WHC) is pleased to announce that it expects to rail first coal from its Maules Creek project in January 2015, more than two months ahead of the original schedule and within budget.

The acceleration of first railings is due to the strong performance of the Whitehaven construction team and contractors working on the project. Whitehaven’s Managing Director and CEO, Paul Flynn said “that the result is an outstanding achievement by everyone involved in the construction of the Maules Creek mine and that the team should be commended”.

Initial sales from the Maules Creek project will be for by-pass thermal coal, which is expected to exceed Newcastle benchmark specifications. Commissioning of the CHPP and other related infrastructure will continue through to July 2015.

The NSW Department of Planning and Environment has approved a revised Biodiversity Management Plan (BMP) for the Maules Creek project. Under this revised BMP, clearing activities will be carried out in the period between 15 February and 30 April of each year. This timing for clearance activities will have no impact on railing first coal in January 2015, nor will it impact any other key project milestones.

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