The operating EBITDA from the Australian Business Unit for the month of September 2021 was AUS$17.2 million. The operating EBITDA result was achieved from coal sales of 170 000 t, which represents an operating cash margin of AUS$101/t. This is in line with the forecast announced on 9 September 2021.

Coal sales revenue achieved for Blair Athol was AUS$177/t for the month, and forecast revenue for the December 2021 quarter is AUS$230/t. This forecast revenue, if achieved, will result in an operating cash margin in excess of AUS$140/t. Coal sales from Blair Athol for the December 2021 quarter are forecast to be approximately 575 000 t, which represents an annualised run rate of 2.3 million tpy.