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Aquila metallurgical coal project, Australia

4th December 2020

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Aquila metallurgical coal project.

Location
Central Queensland, Australia.

Project Owner/s
Aquila forms part of the Capcoal Joint Venture between Anglo American (70%) and Mitsui & Co (30%).

Project Description
Aquila will be one the world’s most technologically advanced underground mines.

The project will extend the life of Anglo American’s existing Capcoal underground operations, near Middlemount, by six years, and continue to use the associated infrastructure at the Capcoal complex as its nearby Grasstree mine approaches the end of its life.

The project includes a reverse osmosis water treatment system to increase the use of recycled water and reduce the reliance on fresh water at the mine.

Potential Job Creation
About 500 people are working on the project in engineering, surface construction and underground development.

Net Present Value/Internal Rate of Return
Not stated.

Capital Expenditure
A$240-million.

Planned Start/End Date
The project was on track for first longwall production in early 2022.

Latest Developments
Anglo American has awarded nearly $200-million in contracts to six longwall equipment suppliers to deliver a walk-on, walk-off system using two complete longwalls, a $20-million contract for an overland conveyor system and more than $20-million in civil works.

In addition to the aforementioned construction contacts, Anglo American awarded a $95-million mining development contract to Mackay-based mining company Mastermyne in 2019.

Key Contracts, Suppliers and Consultants
Mastermyne (mining development contract).

Contact Details for Project Information
Anglo American, Lisa Clifford, tel +61 419 864 466 or email Lisa.Clifford@angloamerican.com.
Mitsui and Co, tel +61 7 3032 8875 or email mch@mitsui.com.

Edited by Creamer Media Reporter

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