Golden Energy and Resources Pte. Ltd.

After two years of gruelling dragon boating and beach Olympics, we challenged our left brains and put our musical talents to test at a Ukulele crash course. We picked up 15 songs, strumming to different genres of music, from Bon Jovi to John Denver and Christmas jingles. Everyone was pleasantly surprised with their newfound skill, having warm fellowship over dinner, old school games and karaoke to wrap up the year. GEAR wishes all a Merry Christmas and a wonderful New Year! #gearsg #travelclef

A quick snapshot of our GM³ family and what goes on at our Appin Mine, Dendrobium Mine and Port Kembla Coal Terminal. #gearsg #MResources #mining

Batik Painting with Singapore Cancer Society 2024 On 9 September 2024, GEAR was delighted to host some 31 cancer survivors over a Batik painting workshop and lunch at the Singapore Cancer Society’s Survivorship Centre in Woodlands. We were heartened by the overwhelming response with registration snapped up promptly within minutes of its opening. GEAR’s staff facilitated and assisted the participants who came early and participated eagerly, with many enjoying the new skill they picked up doing Batik painting for the first time in their lives. Many new friendships were formed over all the fun and laughter from the Batik painting and the sumptuous lunch. We were truly humbled by the courage of the participants who came out of their comfort zones to share their personal journey, some of whom who had overcame many painful ordeals and some who are still battling with cancer. This safe space created between GEAR and the participants was priceless, allowing deep, meaningful, inspiring and encouraging conversations which reminded us that no one is alone in this journey. Everyone’s heart was full as we ended with a birthday celebration for the July, August and September babies, celebrating life, counting all the blessings and victories thus far. In our commitment to forge long term meaningful relationships with our CSR partners, GEAR’s partnership with the Singapore Cancer Society has been going the second year running. We look forward to many more to come!

GEAR has completed the acquisition of Illawarra Metallurgical Coal (IMC) from South32 on 29 August 2024. The purchase was made through GEAR M Illawarra Met Coal Pty Ltd (GM³), an entity owned by Golden Energy and Resources Pte. Ltd. (GEAR) and M Resources. GM³, led by CEO, Jason Economidis, operates two underground mines, namely Appin Mine and Dendrobium Mine, which produced 4.3Mt of metallurgical coal in 12 months ended 30 June 2024, increasing GEAR’s total annual metallurgical coal production capacity to 18Mt. This is complementary to GEAR’s subsidiary Stanmore Resources Limited which we have 59% ownership, adding another 70% ownership of IMC to our Australian metallurgical coal assets. “IMC produces premium index quality of Prime Mid Vol coal, which will further increase our product mix across our metallurgical coal offerings from PCI to Hard Coking Coal to our customers through M Resources, our JV partner and marketing agent. GEAR continues to focus on upholding our commitment to safety across all our producing assets and ensure we contribute positively to the local communities in which we operate.” said GEAR’s Executive Director and Chief Investment Officer, Mark Zhou. For more information on GM³, please visit https://gm-3.com.au.

8 Jan 2024 - Fitch Affirms GEAR at 'B+'/Stable; Resolves Rating Watch Evolving; Upgrades Bond to 'BB-'/'RR3'. Read the report here: https://lnkd.in/ghRfGHk8

As we bid farewell to another amazing year, GEAR would like to wish everyone a Blessed New 2024 filled with even more success!

GEAR has been a consistent supporter of SGX Cares Bull Charge since 2018 and had in October participated in the SGX Cares Bull Charge Charity Run 2023 in full force to commemorate our last year being publicly listed. Our team gave our all, cheering for Ivan Hendrata who represented GEAR to compete in the Chief Challenge emerging in the top 5 position. Thank you Ivan Hendrata for being so sporting!