About Caledon

Caledon Coal Pty Limited, Blackwater Coal Pty Ltd and CC Pty Limited are subsidiaries of GRAM Caledon Resources Limited which is a subsidiary of Guangdong Rising Assets Management Co. Ltd (GRAM). GRAM is an investment group that is one of the leading state-owned enterprises in China, regulated under the State-owned Assets Supervision and Administration Commission of the People’s Government of the Guangdong Province. GRAM acquired Caledon in August 2011.