Current Investments


Malabar Coal owns a substantial interest in the Spur Hill Underground Coal Project, and has the right to increase its interest up to 80%. The Spur Hill Underground Coal Project is a metallurgical coal development project located in the Upper Hunter Valley, NSW.

Malabar Coal listed on the ASX in March 2013 (ASX: MBC).


Titan was established to service the significant demand for drilling and accommodation services for development and production of Coal Seam Gas (“CSG”) in Queensland. Titan provides a diversified range of services to the CSG and conventional oil and gas industry including:

  • CSG drilling rigs
  • Portable camps
  • Catering & camp management
  • Down-hole drilling equipment hire

Titan listed on the ASX in December 2011 (ASX: TTN).


Whitehaven Coal is a major independent Australian coal producer, with particular focus on NSW's Gunnedah Basin. Whitehaven has a high quality portfolio of producing coal mines and is currently developing several significant new projects.

This investment is held by entities associated with Andy Plummer, Allan Davies and Tony Haggarty who were previously executive directors of Whitehaven.

Whitehaven listed on the ASX in June 2007 (ASX: WHC).



Illawarra Coke Company (ICC) produces coke for domestic and international steel mills. ICC is a long-established business with two plants located in the Illawarra region of NSW.

NOTE: Investments held either directly in the XLX group, or via entities related to the XLX Directors.