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—Capital Investment in the

Hunter Vallery Network

166

110 104

233

171

377

318

158

290+

Number of trains per day operating across our Hunter Valley network

163.4

Million tonnes of export coal transported over the year

400

300

200

100

0

Millions ($)

09/10

10/11

11/12

12/13

13/14

14/15

15/16

16/17

21