1. Salva Report
Capabilities and Credentials

2. Introducing Salva Resources
Salva Resources provides a range of technical, consultancy and market services for exploration, mining and
investment clients around the globe. Our highly credentialed team of industry professionals, combined with a network
of leading affiliated consultants, is currently servicing some of the world's largest resources projects. Salva's ever-
expanding position in key global markets ensures our services can be utilised regardless of your location.
extend across the entire project development timeline:
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marketing components, including:
market analysis and customer segmentation
entry strategies
competitor reviews
introductory meetings with target companies
local market representation
co-ordination and compilation of presentation tailored for business development opportunities, customers, joint-
venture partners and senior management.

3. Salva Report
Salva custom consulting projects to a broad range of global
clients. Our team of analysts has built a strong reputation and developed a refined understanding of the coal, power,
steel and infrastructure sectors in India, Indonesia and Australia.
What differentiates Salva is our strong industry networks and our team of highly capable analysts, locally and in India,
who each focus on a specific sector, and can share with you market.
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Ongoing news and analysis Annual forecast / report
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Critical sector data series Bespoke reports / forecasts

4. The Salva Report on the Indian
steel, power, coal and infrastructure sectors
The Salva Report
growing coal importing countries and provides:
The latest industry developments and announcements (new
projects, changes in legislation, tenders issued, mergers and
acquisitions);
Key statistics on demand and supply for thermal and coking
coal;
Market updates and forecasts for the Indian thermal and
coking coal markets;
Strategic insight articles by Dr Neil Bristow, former chief
analyst BHP Billiton and industry expert;
Topical articles analysing key developments across these
sectors; and
Weekly news updates on these sectors and general
economic conditions.
Our subscribers include leading coal producers, traders, brokers
bankers and shipping companies
For a free sample visit www.salvareport.com/the-salva-report

5. India Unlocked Providing all critical data on Indian coal demand
and supply drivers in one location
India Unlocked is a unique information source that offers accurate and up-to-date data , including;
Key coking and thermal coal drivers Historical data back to January 2008
Frequently updated raw data Usable, spreadsheet formats
For more information or to subscribe, visit www.salvareport.com/india-unlocked

6. The Outlook 2011 Series
Power, Steel and Ports Sectors
Outlook series provides unparalleled market insights, forecasts and analysis for the Indian Financial Year 2011-12 from
these sectors:
1. Indian Power / Thermal Coal Sector
2. Indian Steel / Coking Coal Sector
3. Indian Bulk Ports Sector
Each Outlook product includes a comprehensive report covering;
An overview of the sector including regulatory framework, industry structure, key players, historical development
and growth drivers;
2010 a review of the year including key trends, growth rates and drivers, corporate activity, regulatory changes
and project developments;
2011 detailed forecasts highlighting key changes, import/export numbers, production predictions.
Additionally, the forecasts will be updated and published on a quarterly basis to subscribers, based on the latest
industry developments and state of play.
This suite of publications is essential for building knowledge of these sectors, and helping make informed investment
decisions and understanding the key trends in 2011-12.

7. Salva Report also provides custom consulting services.
Recent examples include:
Case Study 1: Indian thermal coal import forecast by region to 2020
Client: Major European Power Utility Delivered: November 2010
Developed a bottom-up demand model, then assessed the impact this would have on imported thermal coal demand by region and port;
Assessed infrastructure growth, including both port and inland rail connections;
Identified potential port bottlenecks to 2020;
Inland rail capacity was also assessed, and potential bottlenecks identified; and
Presented the final report on-site to the client; and Salva is now working with the client on market development strategies.
Case Study 2: Forecast of Indian thermal coal imports by quality and origin to 2015
Client: Large Japanese trading house Delivered: December 2010
Prepared a detailed model of new plants commencing operations in the power, cement and sponge iron sectors;
Presented a detailed understanding of the import coal requirements for these new plants;
Assessed and reviewed the likely source of supply, based on the availability of domestic or captive overseas mines, boiler design and other
variables; and
Forecast the annual incremental demand by energy grade and origin for the power, cement and sponge iron industries from 2010-15.

8. Custom Consulting Case Studies
Case Study 3: Comprehensive global coal market assessment to 2020
Client: Leading infrastructure provider Delivery: September 2010
Assessed global thermal coal demand growth to 2020, including regional growth;
Identified critical current and future markets, with associated annual forecasts for thermal coal import demand for 2010-20;
Assessed key import infrastructure in these markets, and identification of potential bottlenecks;
Reviewed export coal supply, including development of new mines and projects to 2020;
Reviewed rail operations and growth plans, and whether these would provide sufficient capacity; and
Identified key risk areas, including market uncertainty, government / sovereign issues, alternative energy sources, etc.
Case Study 4: Forecast and segmentation of Indian steel/coking coal market to 2020
Delivery: August 2010
Reviewed the industry structure, critical developments, technological aspects and drivers, and the different sectors demand coking coal;
Identified key players by size, location, structure, and other variables;
Developed detailed forecasts of Indian coking coal demand to 2015, including a forecast of domestic coking coal supply;
Provided a ; and
Presented the final report on-site and since been commissioned to undertake a similar study on the Indian ports sector.

9. Mark Gresswell Ryan Freer
Marketing Manager Market Analyst
T +61 (0) 7 3211 9911 T +61 (0) 7 3211 9911
M +61 (0) 458 202 023 M +61 (0) 438 058 917
mark.gresswell@salva.com.au ryan.freer@salva.com.au
Annabel Worthington Jitendra Roychoudhury
Market Analyst Manager Analytics
T +61 (0) 7 3211 9911 T +91 (0) 33 4004 4144
M +61 (0) 438 059 186 M +91 (0) 98301 10171
annabel.worthington@salva.com.au jroychoudhury@salvaresources.com
Website: www.salvareport.com

10. Salva Report
Over the last nine months, the Salva Report team
companies including: