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Oakajee Project This is a planning, bankable feasibility study for a greenfield major mining facility in an uninhabited area. Oekejee Project: Oakajee Port and Rail

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Oakajee Project This is a planning, bankable feasibility study for a greenfield major mining facility in an uninhabited area. Oekejee Project: Oakajee Port and Rail has been developing a greenelds infrastructure and supply chain business to transport iron ore from Western Australia's mid- west to customers across the globe. The deepwater port. proposed for a site 24 km north of Geraldton. will cater for the world's largest ore centers and the 570km rail network will service operating and emerging mining projects across the region. Project planning, evaluation. engineering and regulatory approvals are well advanced. independent peer reviews, including value engineering assessments. have identied the port and rail design as the optimal solution to meet the government's scoping requirements. It is owned by Company B. a wholly-owned subsidiary of Gompanylr A, one of the largest trading and investment companies in C. Oakajee Project Study Objectives Primary objective 1.1 objectives in the development, delivery, commissioning and operation of the Project are to provide a cost effective integrated logistics chain to facilitate the efficient export of mineral products from the Mid West region of Western Australia to global markets. Study objectives 1.2 The objectives of the studies being undertaken by are to: 1.2.1 demonstrate the technical and operational viability of the Project based on the criteria nominated by 1.2.2 minimise the whole of life costs of the Project to the JV Participants; 1.2.3 present a single preferred configuration and investment case and make a clear recommendation to the JV Participants for the Project; 1.2.4 define the scope, quality, estimated cost and time of the proposed Project: 1.2.5 quantitatively assess the risk profile of the proposed Project and recommend appropriate management and mitigation measures; 1.2.6 plan the implementation of the proposed Project and establish the commissioning and operations plan for the commissioning and operations of the Project; 1.2.7 provide a baseline for management, control, monitoring and reporting of the proposed Project.OPR PORT LANDSIDE DELIVERABLES LIST For colour coding - see end of list BFS 10 ISCPLINE DELIVERABLE TYPE DESCRIPTION NO OFF NOINEERIN ENGINEERING DRAFTING DTAL Budget TOTAL Budge COSTS Hours Conta MECHANICAL PROJECT WIDE MECHANICAL TASKS STANDARD DRAWINGS RAILCAR UNLOADEROPR PORT LANDSIDE DELIVERABLES LIST For colour coding - see end of list BFS 10 DISCIPLINE DELIVERABLE TYPE DESCRIPTION Code No. OFF HOURS ENGINEERING COSTS HOURS OTAL Budge TOTAL Budg Hours Conta $27.520 CV0801 - STOCKYARD FEED CONVEYOR CV0901 - STACKER FEED CONVEYOR 180154562 - Onbaja BFBill Project S Final Film B 27 May 10 .alexOPR PORT LANDSIDE DELIVERABLES LIST For colour coding - see end of list BFS 10 DISCIPLINE DELIVERABLE TYPE DESCRIPTION Code No OFF HOURS ENGINEERIN COSTS HOURS OTAL Budge TOTAL Budge Hours 45 $7.740 CV0903 - STACKER FEED CONVEYOR for Chute Liners and Details MTPA mi CV0904 - STACKER ROW TRANSFER CONVEYOR CV0905 - RECLAIM TO STACKER CONVEYOR 323 220 3.23.220 57.740 CV0906 - RECLAIM TO STACKER CONVEYOR 523.220 523.220 57,740 STACKER RECLAIMER FAISTOCKPILE CHUBS SECTION 20 4180 $1 1,030 CV902 - RECLAIMER DISCHARGE CONVEYOR $24.750OPR PORT LANDSIDE DELIVERABLES LIST For colour coding - see end of list BFS 10 DISCIPLINE DELIVERABLE TYPE DESCRIPTION Code No. OFF NOINEERING ENGINEERING OTAL Budget HOURS HOURS TOTAL Budget Hours $7.740 CV1003 - STOCKYARD TO SAMPLE PLANT CONVEYOR CV1101 - PRIMARY SAMPLE FEED CONVEYOR SAMPLE PLANT CV1101 - REJECT SAMPLE RETURN CONVEYOR CV1201 - BREAKWATER FEED CONVEYOROPR PORT LANDSIDE DELIVERABLES LIST For colour coding - see end of list BFS 10 DISCIPLINE DELIVERABLE TYPE DESCRIPTION Na OFF HOURS COSTS HOURS DRAFTING OTAL Budget TOTAL Budge Hours Conta CV1202 - SHIP LOADER FEED CONVEYOR SKT $8,340 SHIP LOADER DW Y BULKING-IN STATION T50801 - TRANSFER STATION T50900 - TRANSFER STATION DWG T50902 - TRANSFER STATION T51003 - TRANSFER STATION T51201 - TRANSFER STATION SMALL BOAT HARBOUR Y DESALINATION PLANT PORT / HARBOUR STOCKYARD AUTHORITY AREA RAIL MAINTENANCE YARD

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