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www.ambreenergy.com.au The future growth of port capacity, seaborne shipping, and their impact on coal exports. September 20, 2012 Platts Coal Marketing Everett King, President & CEO

Platts · Winni Hat Westshore, Roberts Bank, BC Seattle O Washington Havre North Dakota Geeat Montana Port Westward, OR Millennium Bulk Terminals-Longview, WA Tacoma

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www.ambreenergy.com.au

The future growth of port capacity, seaborne shipping, and their impact on coal exports.

September 20, 2012

Platts Coal Marketing Everett King, President & CEO

About Ambre Energy

Emerging energy leader, founded in Australia

by Edek Choros

U.S. head office in Salt Lake City

Has acquired coal assets. Developing

infrastructure.

Experience selling to established export

markets.

2

About Ambre Energy

3

Ambre Energy US locations

4

The Status of Northwest Exports

5

6

Status Port Coal export

capacity

Existing Westshore Terminal (Canada) 33Mtpa

Neptune Bulk Terminal (Canada) 12Mtpa

Ridley Terminal (Canada) 13Mtpa

Permits submitted Millennium Bulk Terminal (Washington)

44Mtpa

Morrow Pacific project (Oregon) 8Mtpa

Gateway Pacific Terminal (Washington)

45Mtpa

Permits Port Westward Project (Oregon)

not yet filed Coos Bay (Oregon)

The Status of Northwest Exports

The Status of Northwest Exports

West coast port capacity

Rail infrastructure

Permitting, regulatory and opposition

challenges

Technical and equipment advances

7

West Coast port locations

8

Millennium Bulk Terminals-Longview

9

Millennium Bulk Terminals-Longview

10

Millennium Bulk Terminals-Longview

11

Morrow Pacific project

12