Pembroke Resources is an Australian-based company focused on the acquisition and development of a portfolio of high quality, metallurgical coal assets. Pembroke Resources owns the Olive Downs Coking Coal Complex, a large scale, world class steel making coal mine located approximately 40 kilometres south east of Moranbah, Queensland. Based in the Bowen Basin of Queensland, the world's preeminent steel making coal region, the mine will operate in a well-established coking coal area with access to existing infrastructure for power, water and rail. Existing local and regional infrastructure will be used to transport product coal to the port for export after a new rail loop, rail spur line and rail-load out facility are constructed. A construction workforce of over 500 people will be required for the Project. At full development, the Project will have an operational workforce of approximately 1,000 people. In addition to employment and its contribution to the local economy, the steelmaking coal project is also expected to generate around $5.5 billion in royalties for the Queensland Government over the life of the mine. Pembroke will provide workers with an opportunity to live in towns near the mine including Moranbah and Dysart and is fully committed to building sustainable futures for people in the communities in which Olive Downs operates. Beyond the new jobs at the mine, there will also be significant opportunities for local and regional suppliers, contractors, service providers and businesses. The Project delivers high quality metallurgical coal of up to 14 million tonnes per annum for more than 70 years.