GLOBAL MININGINVESTMENT CONFERENCE 2010

STATIONERS’ HALL ● CITY OF LONDON ● TUESDAY-WEDNESDAY, 28-29 SEP 2010www.ObjectiveCapitalConferences.com

Investment Conferences

Opening Keynote: Emerging Mining DestinationsDavid Hutchins – Fund Manager, Grafton Resources

How are governments responding to the resource crisis Jaakko Kooroshy – Policy Analyst, The Hague Centre for Strategic Studies

Making your jurisdiction attractive to miningStuart Russell – Senior Trade & Investment Manager , Government of Western Australia

DAY 2 – OPENING KEYNOTE: EMERGING MINING DESTINATIONS

– SESSION 4: RESOURCE NATIONALISM

Other sponsors & participating organisations:

GLOBAL MININGINVESTMENT CONFERENCE 2010

Lead sponsors:

Media partners:

3

Grafton Resource Investment Limited

A Resources BasedRealisation Fund

4

Disclaimer

THIS DOCUMENT IS CONFIDENTIAL AND IS BEING SUPPLIED TO YOU SOLELY FOR YOUR INFORMATION AND MAY NOT BEREPRODUCED, FURTHER DISTRIBUTED TO ANY OTHER PERSON OR PUBLISHED, IN WHOLE OR IN PART, FOR ANY PURPOSE.

The information contained in this document (“Presentation”) has been prepared by Newland Fund Management LLP (“Newland”) acting on behalf of GraftonResource Investments Limited (the “Company”). It has not been independently verified and is subject to material updating, revision and further amendment. ThePresentation does not constitute an admission document, listing particulars or a prospectus relating to the Company in any jurisdiction, does not constitute anoffer or invitation to purchase or subscribe for any securities of the Company and should not be relied on in connection with a decision to purchase or subscribefor such securities. The Presentation does not constitute a recommendation regarding any decision to sell or purchase securities in the Company. ThePresentation is being delivered for information purposes only to a limited number of persons who are lawfully permitted to receive it.

Information contained herein is confidential information and the property of the Company. It and any further information made available to any recipient must beheld in complete confidence and may not be reproduced, used or disclosed in whole or in part without the prior written consent of the Company. The Presentationshall not be copied, reproduced or distributed in whole or in part at any time without the prior written consent of the Company.

While the information in here has been prepared in good faith, neither the Company nor Newland Asset Management LLP (“Newland”) nor any of their respectiveshareholders, directors, officers, agents, employees or advisors give or have authority to give, any representations or warranties (express or implied) as to, or inrelation to, the accuracy, reliability or completeness of the information in this Presentation, or any revision thereof, or of any other written or oral information madeor to be made available to any interested party or its advisors (all such information being referred to as “Information”) and liability therefore is expresslydisclaimed. Accordingly, neither the Company nor Newland nor any of their respective shareholders, directors, officers, agents, employees or advisors take anyresponsibility for, or will accept any liability whether direct or indirect, express or implied, contractual, tortuous, statutory or otherwise, in respect of, the accuracy orcompleteness of the Information or for any opinions contained herein or for any errors, omissions or misstatements or for any loss, howsoever arising, from theuse of this Presentation.

This document is only addressed to and directed at persons in member states of the European Economic Area who are (i) a “qualified investor” within themeaning of Article 2(1)(e) of the Prospectus Directive (Directive 2003/71/EC) (“Qualified Investor”) and (ii) an “eligible counterparty” within the meaning of Article24 (2), (3) and (4) of Directive 2004/39/EC (“MiFID”) as MiFID is implemented into national law of the relevant EEA state (“Eligible Counterparty”).

In addition, in the United Kingdom this document is being distributed only to, and is directed only at Qualified Investors who (i) have professional experience inmatters relating to investments falling within Article 19(5) of the United Kingdom Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 asamended (the “Order”) and (ii) are Eligible Counterparties or Regulated Professional Clients within the meaning given in COBS 3.6.1 & 3.5.2 of the FSAHandbook as at 1st November 2007 (such persons together being referred to as “Relevant Persons”).

This document has not been approved by an authorised person. Any investment to which this document relates is available only to (and any investment activity towhich it relates will be engaged only with) Relevant Persons. This document is directed only at Relevant Persons and persons who are not Relevant Personsshould not take any action based upon this document and should not rely on it. It is a condition of you receiving this document that you warrant to the Newlandthat you are a Relevant Person.

The information contained herein is not for publication or distribution to persons in the United States of America, its territories or possessions or to any US person(within the meaning of Regulation S under the US Securities Act of 1933, as amended). Any failure to comply with this restriction may constitute a violation ofUnited States securities law. The distribution of this document in other jurisdictions may be restricted by law and persons into whose possession this documentcomes should inform themselves about, and observe, any such restrictions. The securities referred to here are not being registered under the US Securities Act of1933, as amended, and may not be offered or sold in the United States without registration or an exemption from registration.

Certain statements contained in this document constitute "forward-looking statements". Such forward-looking statements involve risks, uncertainties and otherfactors which may cause the actual results, performance or achievements of the relevant entities, or the results, to be materially different from any future results,performance or achievements expressed or implied by such forward-looking statements. There can be no assurance that the results and events contemplated bythe forward-looking statements in this document, will in fact, occur.

5

Overview

Grafton Resource Investment Limited (‘Grafton’ or ‘the company’) focuses on developing and realising a small portfolio of selected assets

The company was formed at the end of 2008, by the founders of the successful ‘Resources Investment Trust’, to take advantage of the low valuations of companies in the resources sector

Grafton engages in an active management style and will look to encourage consolidation and other corporate activity.

The company was established as a dedicated resources based realisation fund. It is a closed-end fund with a 5 year life. After this period, cash will be returned to shareholders.

6

Overview

Grafton had an NAV per share of $39.05 on the 31st August(1,864,645 shares outstanding)

Grafton has evolved as an incubator in the resources sector. The company is concentrating on marshalling assets (approximately $80m) to develop its portfolio of resource companies to a stage where they can be:

A. Sold to third partiesB. Listed on a recognised stock exchangeC. Developed so that they are cash generative for

the group

7

Investment Case

Through some of its main investments, Grafton has a net interest in:

A. 1.20bn bbls of oil (250 million recoverable)B. 33M tonnes of iron oreC. 220,000 oz of JORC gold resourceD. 23,000 hectares of rare fallen lumberE. 50% of Bulgaria's largest independent water project

Excluding the top 6 ventures outlined below, the remaining companies in Grafton’s portfolio are valued at ~ US$14m, with ~61% listed on a recognised stock exchange.

8

Grafton Resource Investments Ltd NAV per share

9

Grafton’s Assets (31/08/2010)

Company Percentage

Madagascar Oil 28.5%

Hydrostroi Bourgas 16.3%

Phoenix Lumber Co. SA 10.3%

South American Ferro Metals 9.1%

Compostela Mining 3.6%

Kolar Gold 3.4%

Other Unlisted Companies 6.8%

All Listed Companies 10.5%

Termed Deposit 5.1%

Net Current Assets 6.3%

Total 100%

10

Grafton Resource Investments Ltd Commodity Breakdown

Precious Metals15%

Energy34%

Base Metals15%

Water and Timber30%

Other6%

Commodities Breakdown (31/08/2010)

11

Directors and Management Peter Seabrook – Director

Peter is a graduate of Oriel College, Oxford, and has over twenty years experience asan investment manager. He joined Fleming Investment Management Limited in 1984and became a director of Robert Fleming Holdings Limited in 1994. During histenure there he was appointed UK chief investment officer. In 1997 Peter movedto Societe Generale Asset Management in a similar role, and after leaving in 2002 heheld the post of chairman at Ocean Resources Capital Holdings until 2007.

David Hutchins - DirectorDavid has 20 years’ experience as a resources analyst and fund manager. His careerbegan with the Melbourne Stock Exchange in 1979 and subsequently became anexecutive director of M&G Investment Management. He headed the International Deskat M&G Investment Management from 1995, where he was concurrently responsible forM&G's investments in the precious metals and commodities sector globally. He wasa founding director of Resources Investment Trust plc at the launch in January 2002and is a non-executive director of Rivington Street Holdings Plc and a non-executivedirector of Australian listed SA Metals Limited.

12

Kjeld Thygesen – Fund ManagerKjeld is a graduate of the University of Natal in South Africa and has 30 years experience as aresources analyst and fund manager. His resume includes managing a portfolio of South Africanmining companies for African selection trust, working with James Capel and Co. in London as part oftheir highly rated gold and mining research team, and manager of N M Rothschild &Sons' commodities and Natural Resources Department in 1979. In 1987 he became an executivedirector of N M Rothschild International Asset management Limited, subsequently co-founding LionResource Management Limited, a specialist investment manager in the mining and natural resourcessector. Kjeld has been a director of Ivanhoe Mines Ltd since 2001 and served as Investment Directorfor Resources Investment Trust PLC from 2002 – 2006.

David Cather – Consulting Mining EngineerDavid graduated from the Royal School of Mines, Imperial College, and has extensive experience inthe development and management of a wide range of resource projects. He has held seniorexecutive positions at operational and line management levels with both De Beers and AngloAmerican. David is a Chartered Engineer, a member of IoM3, and a Competent Person. He is adirector of Compostela Mining Limited, an exploration company with copper/gold porphyry assets inthe Philippines.

Willie West – ConsultantFormer Partner, Potts West Trumbull, Members of the Australian Stock Exchange. Sold to Prudential Bache 1990. Venture capital investor together with clients in Eastern European start-ups, including $100 million raise for Hungarian Investment Co. Ltd., in conjunction with John Govett in 1990; the provision of $500 million of “seed capital” for the development of early stage resources in Eastern Europe and the former Soviet Union. Latterly a founder of Resources Investment Trust plc and thereafter the development of a $200 million venture capital portfolio in the resource sector.

Directors and Management

13

About the Fund

Quoted on the Irish Stock Exchange All securities are held directly to the order of

the fund by BNY Mellon, which is the administrator and custodian.

No prime broker or margin facilities. Sole debt is the convertible loan stock Portfolio contains 38 stocks, but its value is

heavily weighted towards core development projects

The top 6 holdings, accounting for ~80% of the portfolio, are outlined below

14

Madagascar Oil (MOL)

Oil exploration company in Madagascar with PSC’s over two major blocks -Bemolanga and Tsimiroro

DeGoyler & McNaughton and Netherland Sewell have produced independent assessment of the resources for Bemolanga and Tsimiroro respectively

Bemolanga contains an estimated resource of 9.8bn bbls of bitumen (2.5 bn bbls recoverable). Madagascar Oil owns 40% after farming out 60% to TOTAL for $100m.

Tsimiroro contains an estimated resource of 5.5 bn bbls of which 0.94 bn bbls classified as “Contingent”. MOL owns 100% of the field.

MOL therefore has a net reserve of 1.94 bn bbls. Grafton own 12.71% of MOL and so can be said to ‘have a net interest in ~ 0.25bn bbls of recoverable heavy oil.

15

Hydrostroi Bourgas

Partially built water reservoir near Bourgas, Bulgaria – a water stressed area

Asset acquired by H-B. Debt finance being arranged for completion of

dam, water treatment plant and infrastructure First sale of water anticipated in Q2/11. Annual

volume average 6.5mm3. NPV12 = €34.6m. Annual free cash flow

estimated at €5m. On 8x multiple, this gives a FV of €40m.

16

Phoenix Lumber Company SA

Phoenix Lumber Company SA (Phoenix) have, under licence and option, 50,000 hectares of the hurricane hit North-West region of Nicaragua, from which they are extracting rare hardwood timber

Phoenix expects the project to conclude by 2015, with cash returned to investors. Total cash flow for the project is estimated at circa $100m

17

South American Ferro Metals

South American Ferro Metals (SAFM) has, through its fully owned subsidiary, acquired the rights to the Ponte Verde property in Minas Gerais, Brazil

The Ponte Verde property has been partly drilled with the geology well understood, and contains an estimated 150 Million tonnes + of hematite rich itabirite, grading 39% in situ, increasing to 65% on beneficiation

A further drilling programme will bring the resource to JORC standard in 2010

Based on a price of US$ 40 per tonne at the mine gate, cash costs of around US$ 12.0 per tonne and an output of 3.0 Mtpa, this generates an estimated enterprise value of US$ 250- 300 million

RTO agreed with ASX listed Riviera Resources

18

Compostela Mining

Gold exploration project adjacent to infamous Mt Diwalwal gold rush area, Mindanao, Philippines

Unique “Operating Agreement” implemented over 950 ha of tribal land

Drilling commenced in Q4/09 which has confirmed high sulphidation mineralisation associated with gold and base metals. Initial set of assay results imminent.

Viewed as similar potential to Medusa Co-O Mine –50km to north. 100kozpa. Market cap of $600m.

19

Kolar Gold Plc Data regarding the Kolar gold fields, located in

southern India, indicate a world class gold asset, with an estimated resource of ~10Moz Au

Kolar Gold Plc (KG) has a JV with the United Mine Employees Co-operative Society with the first and last right to acquire the mining leases and assets of the Kolar gold fields

Short term cash flow is possible through a low capex tailings project, and a JORC resource of 10Moz would be worth over $500m

Kolar is also pursuing a deal with Geomysore Services India to take a stake in several high potential exploration projects around the region of Karnataka, India

Grafton owns approximately 15% of KG

Other sponsors & participating organisations:

GLOBAL MININGINVESTMENT CONFERENCE 2010

Lead sponsors:

Media partners:

THE NEW POLITICAL ECONOMY OF RARE METALS

Global Mining Investment ConferenceLondon, September 29, 2010.

JAAKKO KOOROSHY

RESO

UR

CE

S, STR

ATEGIE

S&

PO

LICY

INTRODUCTION

The Hague Centre of Strategic Studies (HCSS)

•Independent think-tank providing strategic orientation and navigation services•Clients range from national governments, transnational organizations to private companies & NGOs•Young, rapidly growing organizations with excellent European and trans-Atlantic ties•“Natural resource scarcity”(= political economy of commodity markets) among key topics•Focus on the political economy of rare metals with much in-house expertise, an excellent track-record and strong networks

RESO

UR

CE

S, STR

ATEGIE

S&

PO

LICY

SCARCITY: AGE OLD FEAR & FASCINATION

I looked, and there before me was a black horse! Its rider was holding a pair of scales in his hand. Then I heard what sounded like a voice among the four living creatures, saying, "A quart of wheat for a dinares, and three quarts of barley for a dinares”

RESO

UR

CE

S, STR

ATEGIE

S&

PO

LICY

WHY COMMODITIES MATTER AGAIN…

• “new economy” (1995-2001) >> “revenge of the old economy” (2004) >>“revenge of the old political economy” (2008) >> “new normal” (2009-?)

• Commodities key part of the story, with

• high price levels and strong volatility• tight markets and supply side constraints• states and their proxies (SWFs, SOEs, regulatory bodies) as key actors in markets• added factor Climate Change debate

Intense politicization and securitization of commodity markets

Commodities as key strategic issue in a multipolar world

Emerging nexus of environmental, economic & security policy

RESO

UR

CE

S, STR

ATEGIE

S&

PO

LICY

WHY COMMODITIES MATTER AGAIN...

AGRICULTURAL CROPS

TIMBER

0.0

50.0

100.0

150.0

200.0

250.0

300.0

Base Metals Index

Food

Energy

RESO

UR

CE

S, STR

ATEGIE

S&

PO

LICY

GOVERNMENT INTERVENTION IN RARE METALS MARKETS

•Rare metals are especially prominent in the resource debate due to:• Western import-dependence & crucial role of China • indispensability for high- & green-tech applications• inelasticity & concentration of supply• fast-growing & highly volatile demand

This creates supply security concerns and makes (some) metals

into “strategic” resources!

The strategic value & political economy of each metal is

unique, evolving rapidly, and …

RESO

UR

CE

S, STR

ATEGIE

S&

PO

LICY

GOVERNMENT INTERVENTION IN RARE METAL MARKETS

•In response to supply security concerns, importing countries• designate particular rare metals as “critical”• actively monitor supply and demand• create stockpiles & develop domestic supply• diversify & secure supply • regulate trade and consumption

•Authorities of exporting countries seek to• increase profits through taxation, licensing, nationalization• control valuable downstream industries through preferential supply or export restrictions• use rare metals as strategic bargaining chips.

… this can matter greatly for the success of business ventures

and investments in the market for a given rare metal!

RESO

UR

CE

S, STR

ATEGIE

S&

PO

LICY

•Raw Materials Initiative (RMI) led by DG Enterprise & Industry resulted in the 2008 Communication with focus on non-energy mineral resources:

•Ensure equal access for European industry globally•Promote supply expansion from European sources•Boost resource efficiency and recycling

•Follow-up EU criticality study released June 2010:•Examines 41 minerals and metals with 14 labeled as “critical”•Recommends to tailor policy responses for each critical material•Extensive consultation process has just been wrapped up

• Watch out! A new Commission Communication on latest developments and the progress of the RMI at the end of this year

EUROPEAN POLICY RESPONSE TO RARE METALS DEBATE

RESO

UR

CE

S, STR

ATEGIE

S&

PO

LICY

Source: European Commission, DG Enterprise and Industry “Critical Raw Materials for the EU” Brussels, 2010.

EUROPEAN POLICY RESPONSE TO RARE METALS DEBATE

RESO

UR

CE

S, STR

ATEGIE

S&

PO

LICY

EU 2020 strategic targets:

•20% less carbon emissions•20% energy savings•20% green energy supply

•The Joint Research Commission (JRC) is examining rare metals supply chain bottlenecks that might prevent realization of 2020 Targets

•Will list metals that provide serious obstacles to deploying high-priority energy technologies

•Includes concrete recommendations how to ensure adequate supply

•HCSS, Oakdene Hollins, and Namtec in the lead

•Part of the European policy formulation process, study to be published Spring 2010

COMMISSION RESEARCH INTO RARE METAL SUPPLY CHAIN BOTTLENECKS

RESO

UR

CE

S, STR

ATEGIE

S&

PO

LICY

•Close cooperation between various ministries, BGR & corporations, with a new “Rohstoffagentur” as central actor •Strengthening of bilateral cooperation with resource-rich developing countries •International engagement to lower market distortions and promote global investments through “ungebundene Finanzkrediete” (UFK)

MEMBER STATE RESPONSES: GERMANY

A driving force behind the EU Raw Materials Initiative (RMI)

Following ongoing “Rohstoffdialog”, the German government is currently finalizing its new “Rohstoffstrategie”. Key elements are:

RESO

UR

CE

S, STR

ATEGIE

S&

PO

LICY

•The announced creation of a “Comité pour les metaux strategiques” (COMES) has been delayed

MEMBER STATE RESPONSES: FRANCE

•Key elements of the plan:

•Exploration for REEs (€ 6 mil.)

• R&D around gallium, germanium, niobium, PGMs & REEs (€140 mil.)

•Recycling of rare metals(€ 250 mil.)

RESO

UR

CE

S, STR

ATEGIE

S&

PO

LICY

•Treasury Department (2008) has promoted laissez-faire approach

•Earlier criticality study followed up by a new study with AEA in the lead, commissioned by DEFRA

•New UK government yet to take a stance on the issue

MEMBER STATE RESPONSES: UK

RESO

UR

CE

S, STR

ATEGIE

S&

PO

LICY

• EU is stepping ahead with member states’ responses still fragmented:

•Germany is in the lead•Strong French response has been somewhat delayed•UK is still looking to develop a coherent policy

•Compared to US and Japanese efforts to ensure supply security:•No stockpiling •No establishment of domestic / Western supply chains for rare metals•Little government investments as of yet

This might change very fast!

CONCLUSION: WHERE DOES EUROPE STAND ON RARE METALS?

RESO

UR

CE

S, STR

ATEGIE

S&

PO

LICY

SHORT RECAP

•Like other commodity markets, the markets for metals have become subject to intense politicization and securitization

•In times of the “new normal”, the unique political economy of each metal market creates specific threats and opportunities for miners and investors

•Grasping, anticipating and navigating this political economy is rapidly becoming a key determinant to business success in the world of mining

•HCSS is a reliable partner in strategic orientation & navigation

RESO

UR

CE

S, STR

ATEGIE

S&

PO

LICY

SHORT RECAP

•Questions???•Please get in touch!

jaakko@hcss.nlwww.hcss.nl

Other sponsors & participating organisations:

GLOBAL MININGINVESTMENT CONFERENCE 2010

Lead sponsors:

Media partners:

Making your jurisdiction attractive to mining(while at the same time driving Australia’s economy!)

Stuart RussellSenior Trade & Investment Manager

Government of Western Australia – European OfficeGlobal Mining Investment ConferenceLondon, 29 September 2010

Broad policy objectives in Western AustraliaThe policies: Designed to encourage the continued

responsible development of the State’s resource industries.

Key priorities:1. To improve the State’s legislative and regulatory

framework2. To support exploration and development3. To put an emphasis on safety and sustainability4. To maximise the benefits from the minerals and

petroleum industries to the Western Australian community.

About Western Australia

Nation’s largest state, covering one third of the continent.

Population of 2.2 million.

Abundance of natural resources: minerals, energy and agriculture

Relaxed lifestyle with high quality infrastructure.

Gateway to Asia

World Leader in Mineral and Energy Production Oil & Gas

Lead/ZincBauxite

DiamondIron Ore

Nickel

Perth

Titanium MineralsOil & Gas

Oil & GasSalt

Iron Ore

NickelGoldGold

Iron OreCopper/Zinc

Nickel

BauxiteTitanium Minerals

GoldManganese

Chromite

Nickel

CoalTantalum

Tantalum

Big State provides wealth of opportunities

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Zircon

Tantalum

Salt

Rutile

Nickel

LNG

Iron ore

Ilmenite

Gold

Garnet

Diamonds

Alumina

SELECTED WA COMMODITIES RELATIVE TO WORLD PRODUCTION ENDING

2009, BY QUANTITY

Western Australia Rest of Australia

Source: DMP, ABARE and USGS

Western Australia’s resource production is both world scale and world class

Top ten export destinations (2009-10)

Source: Australian Bureau of Statistics

Investor-friendly State Government

Since coming to office in late 2008, the new State Government has:

Created a new department to focus on the mining and petroleum sector

Accelerated approvals relating to mineral titles Now allows uranium exploration and mining Welcomes investment in small to large mineral and

energy projects Implemented an Exploration Incentive Scheme

Exploration Incentive Scheme assists explorers

An $80 million package that provides: A drilling subsidy to innovative explorers

A stimulus for applied research relevant to exploration

Complete coverage of WA by 400 metre line spacing airborne magnetic and radiometric surveys

Major gravity surveys and deep seismic lines

New online systems for industry to lodge applications relating to mineral titles and track their progress through approvals processes

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

0

10,000

20,000

30,000

40,000

50,000

60,000

70,000

80,000

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

1977

1978

1979

1980

1981

1982

1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

Expl

orat

ion

expe

nditu

re ($

mill

ion)

Valu

e pr

oduc

tion

($ m

illio

n)

OTHERSALTCOALDIAMONDHEAVY MINERAL SANDSGOLDALUMINANICKELIRON OREPETROLEUMMinerals + Petroleum Expl Expend

Resource production depends on exploration

Mineral exploration expenditure in WA (2009–10 dollars)

0%

10%

20%

30%

40%

50%

60%

70%

0

200

400

600

800

1000

1200

140019

64–6

5

1966

–67

1968

–69

1970

–71

1972

–73

1974

–75

1976

– 77

1978

–79

1980

–81

1982

–83

1984

–85

1986

–87

1988

–89

1990

–91

1992

–93

1994

–95

1996

–97

1998

–99

2000

–01

2002

–03

2004

–05

2006

–07

2008

–09

WA

/Aus

t %

WA

annu

al e

xplo

ratio

n ex

pend

iture

($ m

illio

n) WA

WA/Aust %

Uranium exploration expenditure, Western Australia

0

10

20

30

40

50

6019

79–8

019

80–8

119

81–8

219

82–8

319

83–8

419

84–8

519

85–8

619

86–8

719

87–8

819

88–8

919

89–9

019

90–9

119

91–9

219

92–9

319

93–9

419

94–9

519

95–9

619

96–9

719

97–9

819

98–9

919

99–0

020

00–0

120

01–0

220

02–0

320

03–0

420

04–0

520

05–0

620

06–0

720

07–0

820

08–0

920

09–1

0

Ann

ual e

xpen

ditu

re ($

mill

ion)

Oakajee Port, Rail and Industrial Estate – A$10 Billion+ project

“the single most important project for Western Australia’s economic development over the next 50 years”Premier Barnett, March 2009.

Existing Ports in Western Australia

Site for proposed Oakajee Port

Anketell Port & SIA

This project includes the development of the Anketell Port and Strategic Industrial Area (SIA) to: Facilitate future mining

development in the Pilbara Develop a multi user deep

water port and industrial area that will cater for the project proponents as well as future users

The Anketell project will be managed by a single foundation proponent – yet to be determined

RSPT - MRRT?

Source: AME, Wood Mackenzie, ANZ

Coking Coal Import Demand (million tonnes)

India jumps to largest coking coal importer in 2015

2009 20152009 2015

2009 2015

2009 2015

2009 2015

2009 2015

2009 20152009 2015

USA

CHINA

Brazil

JapanEurope

Taiwan

Korea

32

53

30

5 10

49

66

1727

1225

6 834

62

76

INDIA

Perth is an Attractive Base for Companies and Talent Shift in corporate influence to the West driven by Perth’s strategic

location - access to natural resources, capital, and a quality lifestyle.

Perth is home to more than a dozen listed companies with market value greater than AU$1 billion – including Woodside, Shell, BHP Billiton, Rio Tinto, Chevron, Newmont Mining, Fortescue Metals Group, Wesfarmers.

It is also home to major petroleum and mineral resources sector research and development facilities and industry bodies including the Association of Mining & Exploration Companies.

Since 2007, Perth has become home to 80 more companies. The total of 783 extends the lead over Sydney (672), Melbourne (362) Brisbane (183) and Adelaide (95).

Australia was ranked 6th in the 2009 World Quality of Life IndexSource: UWA Committee for Perth Study, September 2009

IMD World Competitiveness Online 1995-2009; Austrade

Where to from here?…..

Follow up to obtain information on opportunities in Western Australia by: Joining in various conferences & exhibitions –

MPES 2010 Mine Planning & Equipment Selection, Fremantle1 December 2010 (www.ausiim.com.au)

AJM’s 14th Annual Global Iron Ore and Steel Forecast Conference, Perth22 March 2011 (www.globalironore.com.au)

Visiting Perth independently or as part of a Business Mission 16-18 December 2010

Follow up with our Office

Contact details

Stuart RussellSenior Trade & Investment Manager

Government of Western AustraliaEuropean Office5th Floor, Australia CentreCorner of Strand and Melbourne PlaceLondon WC2B 4LG – United KingdomTel: +44 20 7395 0564 | Fax: +44 20 7240 6637Email: stuart@wago.co.ukWeb: www.wago.co.uk

Other sponsors & participating organisations:

GLOBAL MININGINVESTMENT CONFERENCE 2010

Lead sponsors:

Media partners: