Eagle Downs coal mine

Eagle Downs is an underground longwall project which will produce export metallurgical coal. The project is located in the northern Bowen Basin. South32 and Aquila Resources are 50:50 joint venture partners in the project, following Vale's exit in 2018. Stanmore has an agreement with both the parties to acquire their stake. However, the transation is currently subject to approval. We anticipate a peak raw production rate of 6 Mtpa, with saleable output of 4 Mtpa. Wood Mackenzie’s asset reports are built from the bottom up, incorporating a number of granular data metrics to ultimately produce our industry standard cash operating costs. This report contains a detailed asset note giving you a holistic view of the asset, including an operational overview through to a timeline of events from inception to now. This qualitative analysis is supplemented by the associated Excel download which enables interrogation of a whole series of cost and production metrics over the life of the asset.