Coalspur Mines has signed a second agreement with Ridley Terminals on terms for the shipment of export thermal coal from Coalspur's Vista coal project for an additional 5.0Mtpa.

Following Government approvals to add a fourth stacker / reclaimer at Ridley Terminals, the second agreement provides for 4.0Mtpa to be supplied from an expansion project at Ridley that will see increase in capacity from 25.0Mtpa to 30.0Mtpa.

In addition, Ridley Terminals has granted Coalspur an option for an additional 1.0Mtpa from the current expansion plan at Ridley Terminals, expected to be approved during this year.

Coalspur now has committed port allocation of 10.0Mtpa with an option for shipments of a further 3.5Mtpa which satisfies the port allocation required for Vista and allows for additional throughput.