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Coal Development Projects
MetroCoal proposes to develop an underground longwall mine producing about 5mtpa thermal coal. Construction is expected to begin in 2014. The company plans to start initial coal development in 2015 and longwall production in 2017. | www.metrocoal.com.au
owned by Cockatoo Coal and a Mitsui Coal Holdings subsidiary, these projects are regarded as having the potential to export up to 14mtpa combined across 25 years. The companies aim to complete a feasibility study by the end of 2013 for the potential development of the projects under their North Surat joint venture. | www.cockatoocoal.com.au
Northern Energy Corporation proposed an $84m open-cut mine producing about 0.5mtpa metallurgical coal. NEC was acquired in 2011 by New Hope Corporation which plans to progress with the approval processes for a 0.5mpta operation, which could be in production by late 2013. | www.newhopecoal.com.au
a joint venture involving MetroCoal and SinoCoal Resources proposes to develop a thermal coal operation with an export capacity in excess of 5mtpa and has set an initial production target date of 2016/17, with longwall production to begin in 2018. | www.metrocoal.com.au
OGL Resources plans to recommission this thermal coal mine, which closed in 2003. The company aims to begin production within 12 months at a rate of 1mtpa ROM (for 600,000 tonnes exportable product). OGL is finalising acquisition of the mine and adjacent Bremer View tenements from Zedemar Holdings. | www.oglltd.com
Northern Energy Corporation completed the feasibility study for a proposed open-cut mine to produce up to 5mtpa thermal coal. NEC was acquired in 2011 by New Hope Corporation which plans to progress the project in line with the development of infrastructure for Wandoan coal project and market demand.| www.newhopecoal.com.au
Ambre Fuels (a subsidiary of Ambre Energy) proposes to develop a 4mtpa open-cut coal mine to feed a coal-to-liquids facility, producing methanol and converting it to 940 million litres per year of unleaded petrol and 150 million litres of LPG. EIS studies are under way | http://ambreenergy.com/
ownership of the mineral development lease for this coal resource transferred to CS Energy from Tarong Energy in July 2011 as part of the Queensland Government's restructure of State-owned generating companies. | www.csenergy.com.au
the mineral development lease for this coal resource transferred to CS Energy from Tarong Energy in July 2011. | www.csenergy.com.au
Peabody Energy Australia, which a holds a mineral development licence over this thermal coal asset, recently announced plans to sell it. | www.peabodyenergy.com.au
Tarong Energy has undertaken feasibility work to develop a new thermal coal mine at a cost of $500m, but deferred the project in 2010 after the confirmation of additional coal reserves at Meandu. The project is now owned by Stanwell Corporation.
MetroCoal proposes to develop an underground longwall mine producing about 5mtpa thermal coal. The EIS process is under way and construction is expected to begin in 2015/16. | www.metrocoal.com.au
Stanmore Coal aims to begin production in 2015 from an open-pit operation producing about 5mtpa thermal coal over 26 years. The project would be developed at a cost of $407-$505 million. The company began a bankable feasibility study this year. | www.stanmorecoal.com.au
Xstrata Coal Queensland plans to develop this project in joint venture with ICRA (Itochu) and Sumisho Coal Australia. The open-cut mine would produce 30mtpa ROM thermal coal. The project has received state and federal environmental approvals and is awaiting a mining lease. If granted, first exports are expected from 2014. | www.xstratacoal.com
Cockatoo Coal has completed prefeasibility studies for a $300-$350m open-cut mine to produce 4mtpa thermal coal. Cockatoo and joint owner Mitsui Coal Holdings aim to complete a feasibility study by the end of 2013. | www.cockatoocoal.com.au
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| March 2012 |
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| January 2012 |
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