Australian Pacific Coal Limited provided an update on key activities leading to the planned restart of underground operations at the Dartbrook Coal Mine, located in the Hunter Valley, NSW. As previously advised, the Company's plan to recommence underground mining operations at the Dartbrook Coal Mine have received MOD7 approvals from the NSW Government. Key personnel from the proposed mine operator, Tetra Resources Pty Ltd. ("Tetra"), are currently on site and are finalising mobilisation plans, the restart program timeline and capital requirements to enable the successful recommencement of underground mining operations.

Following presentations from Tetra this week, the Company anticipates that underground mining operations could restart as projected in the second half of 2023, subject to securing the restart capital debt package and customary operating approvals.