Wesfarmers : Quarterly Statement of Production, Development & Exploration

Microsoft Word - 160720 ASX Resources Qtrly Prod Statement JUN-16_FINAL.docx

25 July 2016

Quarterly Statement of Production, Development and Exploration CURRAGH Production

Overburden removal for the quarter ended 30 June 2016 was 11.0 per cent higher than the previous quarter, driven by the successful commissioning of additional overburden removal equipment during the previous quarter.

Coal production for the quarter was 2,965,000 tonnes (comprising 2,139,000 tonnes of metallurgical coal and 826,000 tonnes of steaming coal), 61.4 per cent higher than the previous quarter. Metallurgical coal production was 79.6 per cent higher than the previous quarter and steaming coal production was

27.9 per cent higher than the previous quarter. The increase in coal production reflected the impact of significant rainfall on mine operations in the previous quarter.

For the 12 months to 30 June 2016, metallurgical coal production decreased by 19.3 per cent to 7,316,000 tonnes and steaming coal production increased by 2.4 per cent to 3,263,000 tonnes.

Development

There was no significant development activity during the quarter.

Exploration

There was no significant exploration activity during the quarter.

BENGALLA Production

Wesfarmers' share of coal production for the quarter was 786,000 tonnes, 14.4 per cent below the previous quarter due to operating in a less productive section of the mining sequence. For the 12 months to

30 June 2016, Wesfarmers' share of coal production increased by 2.4 per cent to 3,384,000 tonnes.

Development

There was no significant development activity during the quarter.

Exploration

There was no significant exploration activity during the quarter.

For further information: Media Investors

Cathy Bolt Aleksandra Spaseska

Media and External Affairs Manager General Manager, Investor Relations

+61 8 9327 4423 or +61 417 813 804 +61 8 9327 4416 or +61 488 911 678

cbolt@wesfarmers.com.au aspaseska@wesfarmers.com.au

ATTRIBUTABLE PRODUCTION Quarterly Production Quarter ended ('000 tonnes) Change Mine Ownership Equity Interest Coal Type Jun 15 Mar 16 Jun 16 4Q16 v 4Q15 4Q16 v 3Q16

Curragh	Wesfarmers Curragh Pty Ltd	100%	Metallurgical Steaming	2,309 822	1,191 646	2,139 826	(7.4)% 0.5%	79.6% 27.9%
Bengalla	Wesfarmers Bengalla Limited	40%	Steaming	710	918	786	10.7%	(14.4)%

Rolling-Twelve Month Production

Equity	Yr to Jun 16 v
Mine	Ownership	Interest	Coal Type	Jun 14	Jun 15	Jun 16	Yr to Jun 15

Year ended ('000 tonnes) Change

Curragh	Wesfarmers Curragh Pty Ltd	100%	Metallurgical Steaming	8,810 3,498	9,066 3,187	7,316 3,263	(19.3)% 2.4%
Bengalla	Wesfarmers Bengalla Limited	40%	Steaming	3,451	3,304	3,384	2.4%