BHP Billiton’s Maruwai Coal Project

Maruwai Project (Central & Eastern Kalimantan Provinces)aruwai Project

Comprised of 7 Coal Contracts of Works (CCoWs)

• All seven CCoWs are located in Central Kalimantan and East Kalimantan

• To date BHP Billiton has spent US$ 40 million in exploration in the Maruwai area

• The region is remote and infrastructure non existent

• BHP Billiton has delineated a number of significant coking coal deposits in

its CCoWs

• The overall strategy is to initially develop the Lampunut deposit and its

associated Logistics Corridor

• Lampunut will form a hub, the coal from the other 6 CCoWs will be transported using the Lampunut Logistics Corridor.

Maruwai Coal- An Integrated Development

• The Lampunut deposit is located on the boundary of Central Kalimantan and East Kalimantan Province

• The coal is a low ash, mid volatile coking coal and will be mined using open pit methods

• The deposit is made up of a number of seams from 0.5 m to 2.5 m, with a life of mine strip ratio of 6:1

• To date 3 drilling programs and 2 bulk samples have been completed

• Currently an extensive drill and bulk sample program has commenced to convert the coal to reserve status.

Lampunut Deposit- 5 mtpa Operation Commencing 2008

The Lampunut Logistic Corridor

• It is planned to develop 131 km transport corridor from Lampunut to the Mahakam

River.

• A coal barge port will be built on the Mahakam and coal transported down river

430 km to the Samarinda Delta.

• An offshore storage vessel of 95,000 t capacity will unload coal from the barges and load the export ships.

Maruwai Project- The Future

• Initially develop a number of Open Pit operations and connect into the Lampunut Logistics Corridor

• Commence small scale trial underground operations in the mid term

• The long term future is for large underground operations as open cut reserves are depleted



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