THE FUTURE OF COKE INDUSTRY IN INDIA

Devendra K Ojha Chairman, Global Coke Limited

Disclaimer
The views expressed here contain information derived from publicly available sources that have not been independently verified. No representation or warranty is made as to the accuracy, completeness or reliability of the information. Any forward looking information in this presentation has been prepared on the basis of a number of assumptions which may prove to be incorrect. This presentation should not be relied upon as a recommendation or forecast by Global Coke Limited.

Ideally the Coke Industry should locate

At the pithead, run by the miners At the plant head, run by the steel makers

India is unique

Because of the proliferation merchant coke

makers Located on the coasts Dependent on 100 % imported coal

Are they viable?

Not Unless
They secure supplies Attain minimum scale of operations Co generate electricity Master the art of blending Optimise the logistics

The Global Coke story in context: Supply

Supply secured for the next 12 years Stake in only operating mine in Mozambique

Assured quality
Extremely favourable logistic costs Long term contracts with mining companies

around the world

The global coke story in context: Demand

Favourable location of plants Sold out order book position

Growing demand in the immediate radius

Repeat orders from existing customers

The global coke story in context: Production

All plants with waste heat recovery

mechanism Additional benefits of Carbon credits Trained manpower Professional management with proven capabilities of unlocking values and wealth creation

The global coke story in context: Synergies

Singapore operations for global reach
Own jetty to foster coastal shipping Plans to foray into shipping to have greater

control of logistics Berge operations in Mozambique Advantage of prime mover in emerging destination

Future Plans
Million ton plants in all four corners of India Coal Washery in Mozambique Secure supply route from Mozambique Aggressively acquire overseas asset plays

Points to ponder
Indias energy hunger does not mean that we

will consume all that we produce India can cater to markets both in Europe and the Far East Possibilities joint ventures

Its a global village

Resource of Mozambique London listed entity Indian coke maker . . Why rule out more diverse stakeholders Or more exotic destinations?

Responsible Resource Management

Scarce resources Need for latest technologies for optimal

usage More co operation between stakeholders For sustainable development Inclusive growth Wealth creation

TWO PREDICTIONS
Coke will become increasingly dearer calling

for an Indian Steel Alliance

Coke price will be the critical factor for Global

Steel Competitiveness

The writing on the wall is clear

History will not be kind to us, if we fail to pick up the gauntlet

Thank You