Walter Energy’s mines Ridley Terminal Competitive Advantage • Tumbler Ridge/Chetwynd • Local population with extensive mining experience • CN Rail • 40 Mt/a of available capacity • 950 km between port and mines • Ridley Terminal • 13 Mt/a capacity expanding to 24 Mt by end of 2014 • $200M Capex approved • 36-hours closer to Asian customers than Vancouver ports.
In the Community • Good corporate citizens • Support for regional and community programs and events throughout the year including: • Gwilliam Lake Provincial Park upgrade • Chetwynd Chainsaw Carving Competition • Tumbler Ridge Museum Foundation • Grizfest • Youth sport programs • High school scholarships • Library programs • Donation to STARS Air Ambulance • Partnership with Telus to bring high-speed internet to Tumbler Ridge
In the Community - continued • We recruit from within the local area wherever possible • For example, approx. 85% of Wolverine employees recruited from local communities • We operate in the Treaty 8 traditional territory and have strong business relationships with the: • McLeod Lake Indian Band • Saulteau First Nations • West Moberly First Nations • Partnering with Saulteau and West Moberly First Nations on Twin Sisters Native Plant Nursery
Brule Mine • Located approximately 45 km / 28 miles south of Chetwynd, BC • Open pit mine producing ultra-low volatile pulverized coal injection (ULV-PCI) coal • Coal from Brule is hauled by truck to Walter Energy’s Willow Creek Mine for processing and shipping • Employs 300+ employees and contractors • Planned production is 2 million metric tons of clean coal per year • Brule has enough coal reserves to produce at its planned rates until approximately 2023