Walter Energy’s Competitive Advantage: High-Quality Coal Production and Community Engagement
Walter Energy leverages its Ridley Terminal and Tumbler Ridge/Chetwynd mines to produce high-quality, premium coal with a competitive edge. Local expertise and extensive mining experience, combined with CN Rail’s logistical advantages, allow for a capacity of 40 Mt/a. The Ridley Terminal, with an expanding capacity from 13 Mt/a to 24 Mt/a, ensures efficient shipping, being 36 hours closer to Asian markets than Vancouver ports. Committed to the community, Walter Energy supports local programs and recruits from the surrounding population, fostering strong relationships with Indigenous groups and enhancing regional development.
Walter Energy’s Competitive Advantage: High-Quality Coal Production and Community Engagement
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Presentation Transcript
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
