Notification of Expression of Interest – Hillalong Coal Project

In order to facilitate the Hillalong Coal Project, Shandong Energy Australia (SEA) plans to commence the Feasibility Study (FS) of Hillalong Coal Project in 2020. Contractors that may be interested in undertaking the FS Projects please contact with the company at [email protected] for Expressions of Interest by 5:00pm (Brisbane Time), 30 July, 2020.

Hillalong Coal Project Background

The Hillalong Coal project (MDL324) is owned by Queensland Coal Exploration (QCE)?a wholly owned subsidiary of Shandong Energy Australia (SEA). Located in 60km northwest of Nebo Town and 18km east of Glenden Town, northern Bowen Basin of Queensland, Hillalong (MDL324) project has 162.60 million tons of JORC coal resources (open-cut and underground) within tenement area of 31.89km², while the proposed mine will target Rangal Coal Measures (RCM) with product potential of semi-hard coking coal. Pre-Feasibility Study (PFS) of Hillalong Project was completed in 2015, while Environmental Impact Study was completed and approved in 2017.

SEA Background

Incorporated in August 2012 and headquartered in Brisbane Queensland Australia, Shandong Energy Australia (SEA) is a wholly-owned subsidiary of Linyi Mining Group (LMG), itself a wholly-owned subsidiary of one of the Global 500-Shandong Energy Group (SEG) .

Participation at Proponent’s cost and risk: The Company is not liable for any costs incurred by a Proponent in preparing or submitting an EOI or any other bid, proposal or offer. Participation in the EOI process is at the sole cost and risk of Proponents. No legal or other obligation will arise between any Proponent and the Company in connection with the carrying out of the Project unless and until formal project contractual documentation has been signed by both parties.

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