Bowen Coking Coal gets approval for Isaac River
PERTH (miningweekly.com) – The federal government has backed the development of the Isaac River coal mine, in Queensland, ASX-listed Bowen Coking Coal reported on Friday.
The company told shareholders that it had received a letter from the Department of Climate Change, Energy, the Environment and Water proposing to approve the construction and operation of the new mine, with Bowen accepting in full the proposed environmental conditions attached.
“As the Bowen basin’s newest independent coal producer, we’re here to meet the growing demand for energy and steelmaking coal. We are confident that world steel and energy demand will continue its rapid growth, driven by on-going industrialization in the developing world, and the drive for decarbonisation in the developed world,” said Bowen executive chairperson Nick Jorss.
Once operational, the Isaac River coal mine will produce high-quality, high-yielding metallurgical coal. Bowen previously completed studies for the project which indicated a production target of between 0.4-million tonnes and 0.6-million tonnes a year over a four to five year period.
“From a standing start a year ago Bowen Coking Coal’s operations now employ over 700 in regional Queensland. Since June last year, the company has mined over 1.3-million tonnes of run-of-mine (RoM) coal from two new mines, and has a third pit underway. With the imminent approval of Isaac River mine, we are in a good position to meet our vision of an annualized RoM production target of five-million RoM tonnes by 2024,” said Jorss.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
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