EPVX00716813 · CAML RESOURCES PTY LTD

The holder of this environmental authority is not authorised to undertake 3D seismic survey tracks in Environmentally Sensitive Areas or within 500 metres of an Environmentally Sensitive Areas. ii

Tracks Existing access and fence line tracks must be used wherever possible. The holder of the environmental authority must consult with the landowner prior to establishing any new tracks within the 500 metre buffer zone of Category B Environmentally Sensitive Areas of EPC1139. Any new tracks are to be constructed by linking naturally cleared or disturbed areas.

Construction of new crossings over watercourses must be avoided and is only permitted when no reasonable alternative is available.

Constructed tracks must be less than 5 metres in width, including shoulder width. Track construction involving blade clearing of established ground cover vegetation and/or clearing of mature trees is to be minimised. Tracks should not be used when soil is saturated and prone to displacement or erosion by vehicle movement. All new tracks are to be recorded with GPS and records kept of their location and made available to the administering authority on request. Other Land Disturbance Activities must not include costeaning or bulk sampling. All equipment such as earthmoving and drilling equipment must be used in a manner which prevents the spread of weeds and minimises unnecessary disturbance of topsoil and ground cover vegetation. Campsites must not be established within the 500 metre buffer zone of Category B Environmentally Sensitive Areas of EPC1139. All waste must be removed and disposed of offsite. Burning of vegetation is not permitted. www.ehp.qld.gov.au ABN 46 640 294 485 Permit Environmental authority EPVX00716813 Rehabilitation & Reporting Condition | Condition number Rehabilitation of areas disturbed within the 500 metre buffer zone of the Category B Environmentally Sensitive Areas must commence as soon as practicable to the extent that erosion impacts are minimised, and be completed as soon as practicable but no longer than three (3) months after completion of the disturbance activity. Rehabilitation must be undertaken in accordance with requirements of the Code of Environmental Compliance for Exploration and Mineral Development Projects, and to the satisfaction of the administering authority. An annual report must be prepared each year and submitted with each annual return. The report must include a map showing the location of completed drill holes authorised by this environmental authority, as well as details of rehabilitation works completed to demonstrate compliance with Condition C1 and C2 of this environmental authority. END OF CONDITIONS Ow www.ehp.qid.gov.au ABN 46 640 294 485 Permit

Permit’ Environmental Protection Act 1994 Environmental authority EPVX00716813 This environmental authority is issued by the administering authority under Chapter 5 of the Environmental Protection Act 1994. Permit’ number: EPVX00716813 Environmental authority takes effect on 17 February 2017 Anniversary day: 7 August The anniversary date of this environmental authority is the same day each year. An annual return and the payment of the annual fee will be due each year on this day. Environmental authority holder(s) CAML Resources Pty Ltd Foxleigh Coal Pty Ltd Level 12 300 Queen Street Nippon Steel & Sumitomo Metal Australia Pty BRISBANE CITY QLD 4000 Ltd T/A NIPPON STEEL AUSTRALIA PTY LIMITED Environmentally relevant activity and location details Environmentally relevant activity(ies) Location(s) Mining - Exploration EPC1139 Additional information for applicants Environmentally relevant activities The description of any environmentally relevant activity (ERA) for which an environmental authority is issued is a restatement of the ERA as defined by legislation at the time the approval is issued. Where there is any inconsistency between that description of an ERA and the conditions stated by an environmental authority as to the scale, intensity or manner of carrying out an ERA, then the conditions prevail to the extent of the inconsistency. An environmental authority authorises the carrying out of an ERA and does not authorise any environmental harm unless a condition stated by the authority specifically authorises environmental harm. ‘ Permit includes licences, approvals, permits, authorisations, certificates, sanctions or equivalent/similar as required by legislation Ww www.ehp.qid.gov.au ABN 46 640 294 485 Queensland Government

Permit Environmental authority EPVX00716813 A person carrying out an ERA must also be a registered suitable operator under the Environmental Protection Act 1994 (EP Act). Contaminated land It is a requirement of the EP Act that if an owner or occupier of land becomes aware a notifiable activity (as defined in Schedule 3 and Schedule 4) is being carried out on the land, or that the land has been, or is being, contaminated by a hazardous contaminant, the owner or occupier must, within 22 business days after becoming so aware, give written notice to the chief executive. | | Febrnag 20/7 | Signature Date Gillian Naylor Enquiries: Environmental Protection Act 1994 Protection PO Box 3028 EMERALD QLD 4720 Phone: (07) 4987 9320 Email: CRMining@ehp.qld.gov.au www.ehp.qid.gov.au ABN 46 640 294 485

Permit Environmental authority EPVX00716813 Obligations under the Environmental Protection Act 1994 In addition to the requirements found in the conditions of this environmental authority, the holder must also meet their obligations under the EP Act, and the regulations made under the EP Act. For example, the holder must comply with the following provisions of the Act: e general environmental duty (section 319) e duty to notify environmental harm (section 320-320G) e offence of causing serious or material environmental harm (sections 437-439) e offence of causing environmental nuisance (section 440) e offence of depositing prescribed water contaminants in waters and related matters (section 440ZG) e offence to place contaminant where environmental harm or nuisance may be caused (section 443) Conditions of environmental authority With the exception of any variations, the conditions of approval for this environmental authority include standard conditions contained within the attached document(s) entitled: (EM586)Variations to the standard conditions include: e Condition 13 The environmentally relevant activity(ies) conducted at the location as described above must be conducted in accordance with the following site specific conditions of approval: Agency Interest: General Condition | Condition Number Provide a financial assurance in the amount and form required by the administering authority prior to the commencement of activities proposed under this environmental authority. The financial assurance is to remain in force until the administering authority is satisfied that no claim on the assurance is likely. Note: Where progressive rehabilitation is completed and acceptable to the administering authority, progressive reductions to the amount of financial assurance will be applicable where rehabilitation has been completed in accordance with the rehabilitation conditions specified in this environmental authority. For exploration activities the environmental authority holder must comply with each of the standard environmental conditions contained in the Code of Environmental Compliance for Exploration and Mineral Development Projects, except Condition 13, which is replaced by the conditions of this authority. If there is any inconsistency between a standard environmental condition and an additional condition in this environmental authority, the additional condition prevails to the extent of any inconsistency. www.ehp.qid.gov.au ABN 46 640 294 485

Permit Environmental authority EPVX00716813 The conditions of this environmental authority are in force until surrender of the authority is accepted pursuant to the Environmental Protection Act 1994 (EP Act). The conditions apply unless an amendment is approved pursuant to the EP Act. Words and phrases used throughout this environmental authority are defined in the Definitions section of this authority. Where a definition for a term used in this environmental authority is sought and the term is not defined within this environmental authority, the definitions in the Code of Environmental Compliance for Exploration and Mineral Development Projects and the definitions in the EP Act, its regulations and policies must be used. Agency Interest: Land Condition | Condition Number General The holder of this environmental authority is not authorised to undertake mining or exploration activities within any Environmentally Sensitive Area of EPC1139. Drill sites This environmental authority authorises the construction of 41 conventional drill pads to include 41 conventional drill holes within the specified Areas 1, 2, 3 and 4 within the 500 metre buffer zone of Category B Environmentally Sensitive Areas of EPC1139 in accordance with the locations shown in Attachment 1: Location of drill pads and seismic lines (EPC1139) in Category B Environmentally Sensitive Areas (ESA). Drill pads constructed in accordance with condition B2 are to be located as far as practicable in previously cleared areas of the 500 metre buffer zone of Category B Environmentally Sensitive Areas of EPC1139. The operational area of individual drill sites must not exceed 900m7?. Drill holes are limited to less than 250mm in diameter. The construction of sumps must not exceed 2.5m x 2.0m x 1.0m deep. Topsoil stripping must be limited to the sump area. Where topsoil is removed it must be stockpiled for respreading at the completion of use. Seismic Lines This environmental authority authorises the construction of 2D seismic lines within the 500 metre buffer zone of Category B Environmentally Sensitive Areas on EPC1139 in accordance with the locations shown in Attachment 2: Detail of Proposed Exploration within the 500 metre buffer zone of Category B Environmentally Sensitive Areas of EPC1139. Spacing of 2D seismic gridlines within the 500 metre buffer zone of Category B Environmentally Sensitive Area of EPC1139 may only be undertaken at minimal intervals of 200m. Gane www.ehp.qld.gov.au ABN 46 640 294 485

Permit Environmental authority EPVX00716813 The environmental authority holder is authorised to undertake a maximum of 1630 metres in length of 2D seismic survey tracks within the 500 metre buffer zone of Category B Environmentally Sensitive Areas of EPC1139. 2D seismic lines constructed in accordance with Condition B8 must not exceed 4 metres in width. 2D seismic lines constructed in accordance with Condition B8 must not cause disturbance to the bed and banks of any watercourse. B13 The holder of this environmental authority is not authorised to undertake 3D seismic survey tracks in Environmentally Sensitive Areas or within 500 metres of an Environmentally Sensitive Areas. ii B14 Tracks Existing access and fence line tracks must be used wherever possible. The holder of the environmental authority must consult with the landowner prior to establishing any new tracks within the 500 metre buffer zone of Category B Environmentally Sensitive Areas of EPC1139. Any new tracks are to be constructed by linking naturally cleared or disturbed areas. B15 Construction of new crossings over watercourses must be avoided and is only permitted when no reasonable alternative is available. B16 Constructed tracks must be less than 5 metres in width, including shoulder width. Track construction involving blade clearing of established ground cover vegetation and/or clearing of mature trees is to be minimised. Tracks should not be used when soil is saturated and prone to displacement or erosion by vehicle movement. All new tracks are to be recorded with GPS and records kept of their location and made available to the administering authority on request. Other Land Disturbance Activities must not include costeaning or bulk sampling. All equipment such as earthmoving and drilling equipment must be used in a manner which prevents the spread of weeds and minimises unnecessary disturbance of topsoil and ground cover vegetation. Campsites must not be established within the 500 metre buffer zone of Category B Environmentally Sensitive Areas of EPC1139. All waste must be removed and disposed of offsite. Burning of vegetation is not permitted. www.ehp.qld.gov.au ABN 46 640 294 485

Permit Environmental authority EPVX00716813 Rehabilitation & Reporting Condition | Condition number Rehabilitation of areas disturbed within the 500 metre buffer zone of the Category B Environmentally Sensitive Areas must commence as soon as practicable to the extent that erosion impacts are minimised, and be completed as soon as practicable but no longer than three (3) months after completion of the disturbance activity. Rehabilitation must be undertaken in accordance with requirements of the Code of Environmental Compliance for Exploration and Mineral Development Projects, and to the satisfaction of the administering authority. An annual report must be prepared each year and submitted with each annual return. The report must include a map showing the location of completed drill holes authorised by this environmental authority, as well as details of rehabilitation works completed to demonstrate compliance with Condition C1 and C2 of this environmental authority. END OF CONDITIONS Ow www.ehp.qid.gov.au ABN 46 640 294 485

Permit Environmental authority EPVX00716813 Definitions successor. “authority” means environmental authority (exploration) under the Environmental Protection Act 1994. “campsite” means the area encompassing any dwelling, amenities (e.g. toilet block, power generator), sewage or general waste disposal facility and includes the office area and vehicle parking areas associated with a temporary or permanent mining camp. “category B environmentally sensitive area” means any of the areas mentioned in section 26 of the Environmental Protection Regulation 2009. “costeaning” means the digging of a trench or pit across the seam or ore body for exposing, sampling and mapping of the ore body. “disturbed” means any area that has had its natural state altered by the action or interference of carrying out an activity associated with the exploration project. “environmental authority” means an _ environmental authority (exploration) issued by the administrating authority under the Environmental Protection Act 1994. “Environmentally Sensitive Areas” refers to locations, however large or small, that have environmental values that contribute to maintaining biological diversity and integrity, have intrinsic or attributed scientific, historical or cultural heritage value, or are important in providing amenity, harmony or sense of community. Refer to Appendix A of the Code of Environmental Compliance for Exploration and Mineral Development Projects. “financial assurance” means a security deposit, either cash or a bank guarantee, that is held by the administrating authority to cover the potential: (a) costs to rehabilitate areas disturbed by mining activities; and (b) costs to restore property improvements disturbed by mining activities; and (c) failure of the tenure holder to pay rents and royalties. “general waste” — Schedule 12 of the Environmental Protection Regulation 2008 defines general waste as meaning “ waste other than regulated waste”. Waste rock, overburden and the contents of tailings dams are not included in the definition of general waste for the purposes of these conditions. “landowner” is as per the definition in the Code of Environmental Compliance for Exploration and Mineral Development Projects. “mature trees” means any tree that is 70% or greater of the predominant canopy height. “native vegetation” means vegetation that occurs naturally in a certain area. “progressive rehabilitation” means rehabilitation (defined below) undertaken progressively or a staged approach to rehabilitation as mining operations are ongoing. “rehabilitation processes” means the measures and actions taken to achieve rehabilitation outcomes, including any or all of the following: - removing all unwanted infrastructure; Jace™ www.ehp.qid.gov.au ABN 46 640 294 485

Permit Environmental authority EPVX00716813 backfilling mine excavations (e.g. pits) and capping drill holes; reshaping the land surface to a stable landform similar to that of surrounding undisturbed areas; spreading of topsoil; spreading seed or planting seedlings to promote revegetation; benching ridge cuts and removing any overhanging material. “significantly disturbed land” - Land is significantly disturbed if — (a) it is contaminated land; or (b) it has been disturbed and human intervention is needed to rehabilitate it. Significantly disturbed land includes: - areas where soil has been compacted, removed, covered, exposed or stockpiled; - areas where vegetation has been removed or destroyed to an extent where the land has been made susceptible to erosion; (vegetation & topsoil) - areas where land use suitability or capability has been diminished; - areas within a watercourse, waterway, wetland or lake where mining project activities occur; - areas submerged by tailings or hazardous contaminant storage and dam walls in all cases; - areas under temporary infrastructure. Temporary infrastructure includes any infrastructure (roads, tracks, bridges, culverts, dams, bores, buildings, fixed machinery, hardstand areas, airstrips, helipads etc) which is to be removed after mining has ceased; or - areas where land has been contaminated. However, the following areas are not included: - areas off lease (e.g. roads or tracks which provide access to the mining lease); areas previously significantly disturbed which have achieved the rehabilitation outcomes; by agreement with the administering authority, areas previously significantly disturbed which have not achieved the rehabilitation objectives due to circumstances beyond the control of the mine operator (such as climatic conditions); areas under permanent infrastructure. Permanent infrastructure includes any infrastructure (roads, tracks, bridges, culverts, dams, bores, buildings, fixed machinery, hardstand areas, airstrips, helipads etc) which is to be left by agreement with the landowner. The agreement to leave permanent infrastructure must be recorded in the Landowner Agreement and lodged with the administering authority; disturbances that pre-existed the grant of the tenure unless those areas are disturbed during the term of the tenure. “tracks” means roads, tracks or paths, greater than ten (10) metres in length that has been fully stripped of all vegetation to enable the progress of vehicles, equipment or pedestrians. “watercourse” means a river, creek or stream in which water flows permanently or intermittently in a visibly defined channel (natural, artificial or artificially improved) with: (a) continuous bed and banks; (b) an extended period of flow for some months after rain ceases, and (c) an adequacy of flow that sustains basic ecological processes and maintains biodiversity Gre www.ehp.qid.gov.au ABN 46 640 294 485

Permit Environmental authority EPVX00716813 Attachment 1: Location of drill pads and seismic lines within the 500 metre buffer zone of Category B Environmentally Sensitive Areas of EPC1139. EPC Boundary ML Boundary Existing Exploration Proposed Exqioration - ist run Proposed Exploration - 2nd run Proposed Geotaon Holes Proposed Core Qualty Holes Open Pits Regional Ecosystem Mapping Endangered (Dominant) E Dorn $00m Butter Endangered (Subdominant) E Sub-dom 500m Butter Pianned 2D MS Lines - 1st run Planned 2D MS Lines - 2nd run | ( ML70171\ \ a ~ \ \ h Anglo American ; EPC1138 Area A - General View of Exploration within ERE Buffer Zone Fierave: AAMC 001 FOZ Ares Adag | Frejecton GD084 bs Gere =24022011 | Dewe:estetorm —_| Seale: eter Sete Ber |Aevtion:a | icartelore fe ie Pe a) www.ehp.qld.gov.au ABN 46 640 294 485

Permit Environmental authority EPVX00716813 7 455 000N 7.450 000 N \ ; win al Legend ; t = EPC Boundary r. 4 —— MlBouncay _ Existing Exploration we" e Proposed Exploration - 1st run e Proposed Exploration - 2nd run I. B® ——- Proposed Geotach Holes | Lt] Proposed Core Qualty Hales —_——— : () Open Pits | i Regional Eoasystem Mapping | ‘ Anglo American GRRE Encangered (Dominant) a & Metallurgical Coal Pty Ltd E Dom S00m ButTer N QUEENSLAND MC Enaangered (Sut-dominant) : EPC1139 : Se a Area B - General View of Exploration =a Gn ee tele Pr within ERE Buffer Zone ——— Pranned 2D MS Lines - 2nd run 2 fiwteven! Sate Fierave: AAMC 001 FU Ares 8 awe | Projecton G2A84 nese Scale: Fiefer Seale Bar | Revizion : 4 $ Dete: 24022011 | Deews: entetom CET AAMC 091 P03 Aree Bde Cx www.ehp.qid.gov.au ABN 46 640 294 485

Permit Environmental authority EPVX00716813 Attachment 2: Detail of Proposed Exploration within the 500 metre buffer zone of Category B Environmentally Sensitive Areas of EPC11339. Bul SEniccaae st res 7 €72 OWE 7 £753 003E 680 OOOE 7 e Proposed Exploration - fst run e Proposed Exploration - 2nd run a Proposed Geotech Hoes a Proposed Core Quality Holes Co) Open Pits Regional Ecosystem Mapping MRE Endangered (Dominant) Ess. E Dom s00m Butter Endangered (Sub-dominant} E Sub-dom 500m Butter —— — Planned 2D MS Lines - 1st nun ——— Planned 2D MS Lines - 2ndrun Aoess Track ML70171 }- 7464000N ZA \ Anglo American ('®) . Metallurgical Coal Pty Ltd y QUEENSLAND N EPC1139 DATUM: Goass Area 1 - Detail of Proposed Exploration Jane $5 within ERE Buffer Zone —-" Fierame: AAMC 021 FO4 Ares Idwg Projecton GIAS4 aad Dere=24022011 | Dewe:cetetm | Stale: Refer Seale Bar | Revition: & CESS AAMC O01 POS Bren tiv Cw www.ehp.qlid.gov.au ABN 46 640 294 485

7 466 O00 N 7 465 000 N ML70171 AAC 001 POE Aven Zag Permit Environmental authority EPVX00716813 Legend EPC Boundary ML Boundary Existing Exploration Proposed Exploration - fst run Proposed Exploration - 2ndrun |, Proposed Geotech Holes Proposed Core Quality Holes Open Pits Regional Ecosystem Mapping Endangered (Dominant) E Dom 00m Butter Endangered (SuDdominant} E Sub-oom 500m Butter Planned 2D MS Lines - tst run Planned 2D MS Lines - 2nd run Aooess Track Anglo American & . Metallurgical Coal Pty Ltd QUEENSLAND EPC1139 Area 2 - Detail of Proposed Exploration within ERE Buffer Zone | Projecton GUAS4 Fiesame: AAMC 091 FOS Area 2 dwg Date: 24022011 | Drews: catetorm | Sesie : Refer Seale Bar | Revizion: & www.ehp.qid.gov.au ABN 46 640 294 485

Permit Environmental authority EPVX00716813 Proposed Exploration - ist run Proposed Exploration - 2nd nun Proposed Geoteoh Holes Proposed Core Quatty Holes Open Pits Regional Eoceystem Mapping Endangered (Deminant) E Dom s00m Butter Endangered (Suddominant) E Sub-dom 500m Butter Planned 2D MS Lines - tt nun Planned 2D MS Lines - 2nd run Anglo American & . Metallurgical Coal Pty Ltd QUEENSLAND EPC1139 Area 3 - Detail of Proposed Exploration within ERE Buffer Zone Fiesare: AAMC O21 FOS ea 3.dng | Frojecton G2ags 7 |Dete: 24022011 | Drewe :eatetsrm Scale : Refer Seale Bar | Revision: 4 (CEES AAMC 021 POE Aran 3 mg www.ehp.qlid.gov.au ABN 46 640 294 485

Permit Environmental authority EPVX00716813 / , 7 488 000 N ML70171 7454000 N 7452 000N —— EPC Bounaary —— MLBounaary Exsting Exporstion Proposed Exploration - 1st run Proposed Exploration - 2nd run —— \ & , Anglo American E Dom s00m Buffer a Metallurgical Coal Pty Ltd E Sub-dom 500m Butter N EPC1139 rae ea tines - ic cy Area 4 - Detail of Proposed Exploration Pian S Lines - 2nd run within ERE Buffer Zone Access Track Fierame: AAMC 001 FUT Aree 4.dng | Projector: GOASS Dete: 24022011 | Drewn:canetrm | Seale: Refer Seale Sar | Revision: & CEST AAMC 001 POT Aree Sng www.ehp.qld.gov.au ABN 46 640 294 485

Permit Environmental authority EPVX00716813 Attachments ow www.ehp.qlid.gov.au ABN 46 640 294 485