Peabody looks at longer life for North Goonyella
PERTH (miningweekly.com) – The Queensland Resources Council (QRC) has welcomed a decision by US major Peabody to extend its North Goonyella metallurgical coal mine, near Moranbah.
Peabody on Thursday reported that with some 71-million short tonnes across the mine, the North Goonyella South project would extend the mine’s life until at least 2026, and reflected the continued strong demand for Australian metallurgical coal exports to serve the growing demand centers in Asia.
Peabody president for Australia, George Schuller, said to support the mine’s extension, the company is investigating a new longwall system featuring a 300 m face conveyor and advanced longwall technology, including automated steering and a reduced maintenance requirement.
“Not only does that improve safety for our operators, it enables faster haulage speeds for our high-quality reserves,” Schuller said.
The mine extension is expected to require an additional 230 staff.
QRC CEO Ian Macfarlane said the announcement was more good news for the state’s coal industry and the men and women it supports through full-time jobs.
“Extending the mine’s life until 2026 will see an exciting new project come on line – North Goonyella South - and secure the jobs of more than 230 employees many of whom live locally,” Macfarlane said.
“It again demonstrates the strong demand for Queensland coal especially metallurgical coal which is used to make steel.”
Macfarlane pointed to Peabody’s long-standing relationships with Indian steelmakers, with India expected to overtake China as the world’s largest importer of metallurgical coal by 2020.
“The Indian steel story will continue to grow along with its urbanisation story. The Queensland resources sector can help meet the needs of growing economies, and create jobs and investment here in Australia.”
Comments
The
content
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?
Receive 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)
➕
Recieve 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
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation