Quarterly Report

to 30 June 2012

18 July 2012

Contents
Highlights
Operations
Coal
Renewable Energy
Coal Projects and Resource Assessment
New Developments
Health, Safety and Environment

Highlights

Coal: Annual production was up 3% to 4.1 Million tonnes (Mt) compared with 4.0 Mt in 2011 due mainly to strong performance at Stockton Mine. At 936,000 tonnes, production in the June 2012 quarter was down 8% on the corresponding quarter in 2011 as Spring Creek Mine is currently in a development phase.
Coal sales for the year were 4.6 Mt, up 13% with international sales up by 20% to 2.4Mt. New Zealand sales of 2.2 Mt tonnes were up 6%.

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ENDS