The 35th World Coal Conference

World Coal Leaders Network™

18 – 20 October 2015 Hotel Rey Juan Carlos I Barcelona

Rising to the challenges of change

coaltrans.com/wcc
 Don’t just accept change – embrace it.
The coal industry has never faced so much adversity on so many fronts
in such a short time.

Now is the time to recognise these shifts.

If you like steep learning curves (and we do), there’s never been a more
testing time to be in the coal industry.

If you’re not constantly learning, adapting your strategy, trying new tactics,
you’re doing it wrong.

Now is the time to bring the coal industry together under one roof
to tackle these challenges, together.

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What’s new?
This year the World Coal Leaders Network is pulling out all the stops to bring together an action-packed
experience in the heart of one of the world’s most spectacular cities.

New Value Pricing: Hospitality suites We’ve re-thought the

Pay just €1799 if you available at-cost for all exhibition area,
register before companies sending 3+ transforming it into
7 August and just €999 delegates with flexible The Live Lounge™; the
for the 3rd+ delegate guest passes most dynamic content and
networking environment yet

Invaluable insight from industry leaders, offering provocative content in new formats including:

On stage CEO interviews by award-winning BBC Presenter Gavin Esler

An Oxford Style debate featuring Wood Mackenzie and Macquarie Group

The Brain Box™. A professionally facilitated brainstorming environment to tackle industry obstacles

Join us for two breathtaking

Maximise your networking
opportunities with Coaltrans
Live: the new mobile app and
ultimate networking tool
live.coaltrans.com
Stay in the heart of the networking receptions on -
action at the best possible Sunday night at the iconic Museu
value: Book your bedroom Nacional d’Art de Catalunya, and on
at the Hotel Rey Juan Carlos I Monday evening relax by the pool
from €170+ per night at the Hotel Rey Juan Carlos I
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 The Live Lounge™ - A sneak preview
Gone are the days of being a conference robot - sitting quietly and listening
for hours on end to stagger home slightly dazed and mumbling.

We know what it's like and we think it's boring. Improving your
experience is our main priority.

The Live Lounge™ will give you a choice of places to go, things
to do, people to see. Making the whole experience fun and
exciting. All in one unique purpose-built environment where
content, meetings and exhibitors are all in one place.

But we are doing all of this to help you find those practical,
tangible ideas and contacts that you can use back in the office.
To implement immediately. To plan for the next big project.
To set the ball rolling for next year.

We want you to leave smarter, revitalised and ready to take on

the challenges facing your business.

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 Sunday 18 October 2015
15.00 -19.00
Pre- Registration
17.30 – 20.30
Ice-breaker reception
Join us at a true Barcelona landmark, the iconic Museu Nacional d’Art de Catalunya
for our welcome reception.

Monday 19 October 2015

08.00
Registration and The Live Lounge™ open
09.30
Welcome and opening remarks
Orson Francescone
Managing Director
Coaltrans Conferences

The world’s coal

Are coal prices now on a one-way trajectory?
industry is
Global seaborne trade How much recovery is needed
changing…see dynamics and impact on
Atlantic market
before spare supply capacity
returns to the market?
Market outlook 2016

how we’re
Dr. Fabio Gabrieli
changing with it Director
Mercuria Energy Trading

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 NEW: CEO Onstage Interviews
Award winning BBC Presenter Gavin Esler will interview world coal industry leaders . He is known for his inquisitive interviewing
style, capable of drawing out the most useful information from some of the world’s business and political leaders.
Previous interviewees of Gavin include President Clinton, Margaret Thatcher, Israel's Shimon Peres,
David Cameron, and most recently, Dolly Parton and Angela Merkel.

Graham Weale Graham Weale has over 35 years' experience in the

energy sector and has been the Chief Economist for
Chief Economist
RWE AG in Essen since 2007.
RWE AG
RWE is Germany’s largest power company by output
and supplies over 16 million customers with electricity
in Germany, the Netherlands, the UK and elsewhere.
Around 60% of its electricity generation was derived
from coal in 2014.

Robert Murray Murray Energy is the largest privately owned coal

CEO company in the US, producing over 62 million tons of
thermal coal in 2014, and employing 7,300 people.
Murray Energy
This year Murray Energy invested in additional coal Award winning
production through a stake in Foresight Energy. BBC Presenter
In June 2015, Murray Energy formed a new international Gavin Esler will
coal trading and marketing enterprise – Javelin interview world
Commodities - together with E.ON Global Commodities coal industry
which will market its US coal to the international markets.
leaders.

10.30
Networking refreshment break
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Will Europe build any more coal-fired power stations?

Status of Europe’s existing Could planned coal-fired power

Matthew Boyle Power stations that can
coal-fired power stations – stations in Egypt, Morocco,
Principal Consultant function economically amid
Retirement, coal to gas Turkey etc. offer an additional
CRU existing regulations
switching 100mt demand?

Panel discussion - Is coal still an attractive investment asset?

How far off is a structural Economy of scale – What Will we see further assets What hope can the Middle How vulnerable are coal
rebalancing of size assets offer the best sold off by East offer in demand for companies to divestment
coal supply? opportunities? diversified miners? significant coal volumes? campaigns?

Neil Passmore Fabian Kroeher

Founder &
Nanda Menon
CEO Managing Director
Hannam & Partners Managing Director
Investec
Byranston Resources

12.30 – 14.00
Networking lunch

Three month spot coal price forecast

Outlook for coal consumption
Guillaume Perret
and electricity generation in
Director
Western Europe, Mediterranean
Perret Associates
countries and Asia-Pacific
Influence of gas prices,
Regional inventory levels and
transport costs and
supply availability
seasonal factors

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 NEW: Oxford Style Debate This house believes that the market will
need an infrastructure-heavy greenfield
An Oxford Style Debate on the future for thermal coal trade thermal coal project again in future

How soon will structural oversupply

come to an end?

How quickly can India ramp up its

domestic production?

Will China become a net coal exporter?

Moderator:
Neil Bradford
Chief Executive Officer
Argus Media Limited

Proposer: Opposer:
Jonny Sultoon Colin Hamilton
Research Director, Head of Commodities
Global Coal Markets Research
Wood Mackenzie Macquarie Group Limited

15.30
Networking refreshment break
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 1 – How quickly are Turkey’s importing 4 - Coal vs gas burn in Europe, MENA
coal power plants set to come online? and the US
• Case study – Setting up long term supply agreements for Anne-Sophie
• Will coal to gas switching be a Corbeau
ISKEN power plant
death knell for US producers?
• Imported coal sources – What are the opportunities for Research Fellow
• Is coal becoming more attractive
Turkey to increase competition and diversify suppliers? KAPSARC
than gas across the Middle East?

Dr. Sirri Uyanık

General Manager/CEO 5 – How quickly can Egypt
Isken-Turkey reach 60mt of solid fuel
Roundtable imports for its cement and
Discussions power industry?
2 – Coal market forecast Each roundtable discussion will host • Role for traders as power and cement plants are
10 participants, led by an expert in the required to import direct?
• Evaluating signals for price recovery in 2016 relevant field, and will last for one hour. • Impact of environmental law on move towards
• Will India overtake China as a coal importer? increased use of solid fuels
At the end of the first hour participants
• How much of the necessary transport infrastructure
will move to a new table, giving you investment has been realised so far?
Dr. Fabio Gabrieli the opportunity to attend two
Director different roundtables in this
Mercuria Energy Trading two-hour session. Waleed Abouraya
President
RBS – Egypt

3 – How bullish does one have

to be to invest in coal in the 6 – Where in Africa offers the best
current market? coal investment opportunities based
• Identifying a viable asset for investment in a down cycle on existing infrastructure capacity?
• Where are there gaps yet to be bridged between mine
output/ capacity and transport linkage?
Ingo Hofmaier • Opportunities to supply Eskom vs export trade Athol Emerton Andre Boje
Director • Assessing the competition - What are the barriers to Managing Director Independent
Hannam & Partners entry for new market players? LBH South Africa

Followed by a summary of key conclusions by the roundtable leaders 9

 NEW: Brain Box™
New for 2015, the Brain Box™ will allow you to
debate strategies around the burning questions
that are impacting your business.

With the help of an independent, objective

facilitator you are guided to solutions that
will ensure you maximise your company’s
revenue opportunities.

1) Improving transparency and avoiding distortion for the

industry's price benchmarks and indices

2) Overcoming barriers to market entry in sale and transport of coal

3) Investment opportunities in international coal production

Talk. Share ideas. Be open. No press are taking part in this conversation.

This gathering is where you join in. The more you engage, the more you learn.

Each Brain Box™ discussion will last approximately 90 minutes. Operating on a first come, first served basis.
Places are limited to 20 delegates per session. Invitations will open on 1 September.
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Tuesday 20 October 2015

09.30
Welcome and opening remarks
Sarah Robertson
Head of Conference Production
Coaltrans Conferences

Scenarios for a global carbon-pricing system and impact on the coal industry

Trevor Sikorski Potential impact on the coal

Is a global carbon pricing Scenarios for a global carbon
Director industry – Should we
system realistic? pricing system to operate?
be worried?
Energy Aspects Ltd.

Panel discussion – India to double coal production by 2020 – Is this realistic?

An update on India’s coal auction Which suppliers are in the Status of India’s coke market
Will India continue its search
process – How much has been best position to fill India’s and pressure caused by
for coal assets outside India?
tendered so far? coal demand? Chinese exports

Sabyasachi Mishra Kaamil Fareed

Head – Minerals General Manager- Trading
Tata International Coal & Oil

10.30
Networking refreshment break
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 Calling the bottom in metcoal prices

Ted O’Brien Are any producers making How long until the market
CEO Why is the latest step down money at these levels? Have all rebounds? Metcoal price
in prices different? production cuts been made?
Doyle Trading forecast 2015-2016
Consultants

With Australian- Japanese benchmark losing relevance, what is the future for
metcoal price realisation?
Vera Blei How soon could spot overtake Metallurgical coal demand and Will there be a backlash
Editor term contracts in volumes supply – Have prices reached against undercutting of
Steel First, a Metal traded? the bottom? Chinese producers?
Bulletin product

Panel discussion- The battle for market share among international metcoal suppliers

Outlook for metcoal tradeflows - Canada, An update on spot vs contract market How much longer will the Chinese continue
Russia, US, Colombia and Australia dynamics and impact on index liquidity to produce at below-cost?

12.30
Networking lunch

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 1 – Ground-breaking changes in JPU coal
procurement strategies - An update
• Timeline for liberalisation of Japan's power market
4 - Are further Russian
• Are Japanese consumers moving away from export increases set to be
traditional high CV Australian coal?
• Existing and planned coal-fired power plants -
limited by finance raising
How much incremental demand growth can sanctions?
be expected?
Roundtable • Status of coal production output by Russian

2 – How quickly is
Poland's coal sector
adapting to recent
regulatory requirements?
• Draft import restrictions on Russian coal and
impact on end user procurement sources
• Restructuring of Kompania Weglowa - Will this
create profitable mines?
• Steps necessary to meet EU emission reduction
targets and impact on import/ export dynamics
3 – How are freight rates affecting coal
supplier dominance?
• Methods for handling fluctuations in freight rates
• Incorporating spot prices into long term contracts
• Can freight value within a CFR price give suppliers a competitive edge?
Discussions suppliers
• Will the Mansky tunnel and second Baikal-Amur
Each roundtable discussion will host track direct greater exports into Asia and what
10 participants, led by an expert in the does this mean for European supply?
relevant field, and will last for one hour.
At the end of the first hour participants
will move to a new table, giving you
the opportunity to attend two
different roundtables in this
two-hour session.
5 – To what extent can
Australia's take or pay contracts
be renegotiated and future for
Australia's export supply
• How much renegotiation is being done between producers
and ports?
• Will the Galilee basin realistically come online?

Followed by a summary of key conclusions by the roundtable leaders 13

 Sponsorship opportunities
• Strengthen your position in the market with logo exposure in strategic locations
• Demonstrate your strength during turbulent times
• Feature alongside leading coal industry players and your competitors
• Generate new sales and maintain client relationships
• Join us and be seen alongside a stunning, new conference approach
• Fantastic branding options such as the BrainBoxTM discussion sessions, the trading lounge and the
all-new, passport sized Little Black Coal Book
• Receive the delegate list one month prior to the event, ahead of the delegates

Exhibition opportunities
• NEW! Full delegate passes included in all packages
• Create a base so that 1,000 delegates can find you
• Feature in the cutting edge new exhibition zone which surrounds the auditorium
• Showcase your products, projects and achievements in this funky new area
• Receive the delegate list one month prior to the event, ahead of the delegates

Sponsorship & NEW - The Coaltrans Insider

Exhibition An array of advertising opportunities are available in the Coaltrans newsletter; disseminated fresh off the press
on both conference mornings and to be distributed electronically to the Coaltrans database. Curated exclusively
by our in-house editorial team, the Coaltrans Insider will include features, exclusive interviews, industry news
Opportunities and a roundup of the full conference proceedings.

Private hospitality suites

For more information please contact: The meeting room approach for 2015 is easier and cheaper than ever allowing you to make the most efficient
Hannah Lockwood use of your time.

Email: hlockwood@coaltrans.com
Tel: +44 20 7779 8185
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NEW! Every suite comes with up to 15 guest passes for your non-registered clients.
Meeting room packages are available to book from just €480 when purchased in conjunction with three or
more conference passes.
 35th World Coal Conference - The World Coal Leaders Network TM I 18 - 20 October 2015, Barcelona
The easiest way to register is online at coaltrans.com/wcc
Telephone:
To enquire about the Email: (UK) +44 20 7779 7222
conference enquiry@coaltrans.com (HK) +852 2912 8038

EARLY BIRD FEE €1799 (By 7 AUGUST 2015) I STANDARD FEE €1999 (AFTER 7 AUGUST 2015)
Fee includes: 1. Attendance to all conference sessions 2. Full conference documentation, which includes copies of all
available speakers’ papers 3. Complimentary tours, refreshments, lunches and evening receptions
DELEGATE RATES
Organisation details
Company Name ____________________________________________________________________________________________
Address ____________________________________________________________________________________________________

Delegates Early Bird By 7 August 2015 Standard fee After 7 August 2015 Postcode ____________________________ Country ____________________________________________________

n 1st €1799 €1999 Email Group Contact _______________________________________________________________________________

n 2nd €1799 Invoice will be sent to the email provided above

€1999
n 3rd+ €999 €999 Please photocopy this form for multiple bookings
BY COMPLETING THE DETAILS BELOW YOU ARE AGREEING TO OUR CANCELLATION TERMS
All prices exclusive of Spanish VAT (currently at 21%) AND CONDITIONS*
Bookings made on-site (18-20 October 2015) will be subject to a €100 administration charge.
1st Delegate details
Please select those criteria from the below list that best describe your company’s interest areas: Mr/Mrs/Ms ____ First name ______________________ Surname ________________________________________
n Coal buying n Coal trading Job title _______________________________________ Tel _____________________________________________
n Coal: Financial sector n Coal: Logistics and shipping
Email ___________________________________________________________________________________________
n Coal production n Coal: Consulting/Journalism/Research/Law
n Coal: Government n Coal: Mining Services provider Confirmation will be sent to the email provided above only. This email will give you log in access to
Coaltrans Live.
HOTEL 2nd Delegate details
Accommodation is available at the Hotel Rey Juan Carlos to registered delegates at the following special rates:
Standard Double (for single occupancy): €170 + 10% VAT Mr/Mrs/Ms ____ First name ______________________ Surname ________________________________________
Standard Double (based in two people sharing): €186 +10% VAT Job title _______________________________________ Tel _____________________________________________
To book a room please email BCN.reservas@fairmont.com or go to the venue page at coaltrans.com/wcc.
Email ___________________________________________________________________________________________
Confirmation will be sent to the email provided above only. This email will give you log in access to
PAYMENT - FROM 2 OCTOBER 2015, ONLY PRE-PAID REGISTRATIONS OR WEBSITE BOOKINGS
Coaltrans Live.
(coaltrans.com/wcc) will be accepted
Payment may be made in one of two ways - please tick appropriate box 3rd Delegate details
n 1. To make a payment by credit card, please visit coaltrans.com to book and pay online
Mr/Mrs/Ms ____ First name ______________________ Surname ________________________________________
n 2. Payment by BANK TRANSFER (Bank details will be displayed on your invoice)
Job title _______________________________________ Tel _____________________________________________
*CANCELLATIONS Email ___________________________________________________________________________________________
Conference fee: By completing this registration form, you are agreeing to the terms and conditions whereby you are liable for the full conference fee. All
cancellations must be received in writing by 4 September 2015 for a full refund, less a 10% administration charge. We cannot accept verbal cancellations. Confirmation will be sent to the email provided above only. This email will give you log in access to
Cancellations received after 4 September 2015 are liable for the full conference fee. However, substitutions can be sent to attend in your place at no extra charge. Coaltrans Live.
Registrations received after 4 September 2015 are still liable for the full conference fee in case of cancellation. If owing to a force majeure, Coaltrans Conferences
is obliged to postpone or cancel the event, Coaltrans Conferences will not be liable for any travel or accommodation expenses incurred by delegates or their 4th Delegate details
organisations. Badge swapping with other registered/non-registered delegates is against our company policy and will not be permitted. If you require a letter of
invitation, please contact Coaltrans Conferences at events@coaltrans.com. Invitation letters will only be issued upon receipt of full payment. Cancellations due to
unsuccessful visa applications will still be subject to the cancellation policy. Please note that we do not transfer credits to another conference. Mr/Mrs/Ms ____ First name ______________________ Surname ________________________________________
Use of your information: Coaltrans is part of the Euromoney Institutional Investor PLC group of companies. We will use your information to process your
registration and communicate with you about it. As an international group, we may transfer your data on a global basis. We may monitor use of our websites. Job title _______________________________________ Tel _____________________________________________
Subject to your choices below, we may use your data for marketing. By submitting your details, you indicate your consent to the use of your data as identified
here. Read our full privacy policy at coaltrans.com. Email ___________________________________________________________________________________________
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fax n , email n, post n or from companies outside our group (including sponsors) n
Coaltrans Live.
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 Lead Sponsor

Platinum Sponsors

Gold Sponsor

BOOK NOW
Pay just €1799
Silver Sponsors
if you register before
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€999 for the 3rd+ delegate

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Bronze Sponsors The 35th World Coal Conference

World Coal Leaders Network™
Barcelona 18 – 20 October 2015

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