https://www.miningweekly.com

BHP announces Qld coal investment

21st April 2017

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – Mining giant BHP Billiton and its coal joint venture (JV) partner Mitsubishi have approved a $204-million investment in the Caval Ridge Southern Circuit (CRSC) project, in central Queensland.

The project will create up to 400 new construction jobs and will require 200 ongoing operational roles.

CRSC, which is an 11-km overland conveyor system that will transport coal from the Peak Downs mine to the coal handling and preparation plant (CHPP) at the Caval Ridge mine, will result in plant throughput increasing to its full 10-million tonnes a year.

“This investment furthers our productivity agenda, reduces costs, releases latent equipment capacity, and strengthens our coal business’s global competitiveness,” said BHP president of operations, Minerals Australia, Mike Henry.

Henry said that the project formed the missing link between the Caval Ridge and the Peak Downs mines, and would accelerate growth and productivity.

“We are committed to Queensland’s Bowen basin and this project creates new employment opportunities during construction and locks in ongoing operational roles. The investment flowing from the project will help support the local community and state economy after what has been a difficult time in the region.”

Construction is slated to start in mid-2017, and will take 18 months to complete.

Henry noted that in addition to the new conveyor and associated tie-ins, the project would also mean a new stockpile pad and run-of-mine station at Peak Downs and Caval Ridge, while the existing CHPP and stockyard will be upgraded.

The JV will also invest in new mining fleet, including excavators and trucks.

The Queensland Resources Council has welcomed the investment, with CEO Ian Macfarlane saying the investment is great news for the local community and the broader Queensland coal industry.

Edited by Mariaan Webb
Creamer Media Senior Deputy Editor Online

Comments

The functionality you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION