China Stone coal mine project, Australia

8th February 2019 By: Sheila Barradas - Creamer Media Research Coordinator & Senior Deputy Editor

China Stone coal mine project, Australia

Name of the Project
China Stone coal mine project.

Location
The project is located in the Galilee basin, in Queensland, Australia.

Client
MacMines Austasia.

Project Description
The project involves the construction and operation of a greenfield thermal coal mine and associated infrastructure on the mining lease.

Mining will focus on the A, B, C and D coal seams of the Galilee basin, producing, at peak, 38-million tonnes a year of product coal over the early years of the 50-year mine life.

The project includes:

• an opencut mine, with a 30-year mine life and a peak run-of-mine (RoM) production of about 32-million tonnes a year. Mining will target the A, B and C seams.

• an underground mine, which will comprise three longwall mine panels to be operated in two underground mining areas. The northern underground mine will have two longwall panels targeting the A and D seams and a peak RoM production of about 15-million tonnes a year over 47 years. The southern underground mine will have one longwall panel targeting the C coal seam and a peak RoM production of eight-million tonnes a year over 13 years.

• mine infrastructure areas and workshops;

• a coal handling and preparation plant, stockpile areas and coal conveyors;

• a tailings storage facility and dams;

• a rail loop and train-loading facilities;

• a power station and associated power station waste storage facility;

• an airstrip; and

• an accommodation village.

Coal will be washed and processed on site and transported by rail for export at the Abbot Point Coal Terminal.

Potential Job Creation
MacMines Austasia expects the project to create about 3 900 jobs during construction and about 3 400 jobs when the mine comes into operation.

Net Present Value/Internal Rate of Return
Not stated.

Value
A$6.7-billion.

Duration
Not stated.

Latest Developments
The Queensland coordinator-general approved the coal mine in November. However, the project still remains subject to Ministerial and environmental approval.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
MacMines Austasia, tel +61 7 3221 4856, fax +61 7 3229 4551 or email admin@macmines.com.