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Broadmeadow East and Isaac River coal projects, Australia – update

Image of coal spew

Photo by Reuters

28th October 2022

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Broadmeadow East (BME) and Isaac River coal projects.

Location
The Broadmeadow East project is situated about 185 km south-west of Mackay, Queensland, and 25 km north-east of the major regional township of Moranbah in the central Bowen basin, in Australia.

The Isaac River project is located in the central Bowen basin, about 30 km to the east of Moranbah, in Central Queensland, Australia.

Project Owner/s
Bowen Coking Coal.

Project Description
The BME and Isaac River coal projects form part of Bowen Coking Coal’s greater Burton Complex.

The BME project has resources of 33-million tonnes, of which 10.6-million tonnes are in the measured and indicated categories. Isaac River has resources of 8.7-million tonnes, of which 8.3-million tonnes are in the measured and indicated categories.

The coal at BME has the flexibility to produce a primary coking coal product of either high quality (7.5% ash, up to CSN 7.5) or high yield (9.2% ash, CSN 4.5). In both of the primary product cases, the secondary energy coal created from the primary coking coal discard has a calorific value of more than 6 500 kcal/kg, which is also a sought-after product for the export coal markets.

The results of the first-stage independent scoping studies on the BME and Isaac River coal projects have shown a run-of-mine (RoM) production target of 800 000 t/y to 1.1-million tonnes a year over a five- to seven-year life-of-mine (LoM) for BME, and 400 000 t/y to 600 000 t/y over a four- to five-year LoM for Isaac River.  

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
Not stated.

Capital Expenditure
The BME project is expected to cost A$6-million to A$8-million and the Isaac River project A$14-million to A$17-million.

Planned Start/End Date
Not stated.

Latest Developments
Bowen Coking Coal has shipped the first coal from its BME mine through the Dalrymple Bay Coal Terminal (DBCT), in Queensland.

Coal mining at BME started in July this year, and it is the first pit to come online as part of Bowen Coking Coal’s greater Burton Complex. It is the company’s second operating mine, following first production and sales from the Bluff mine in June 2022.

Coal production at BME is expected to ramp up to steady-state production of between 800 000 t and 1.1-million RoM in the next quarter.

A further three trains carrying approximately 30 000 t of BME coal are scheduled to be railed to DBCT in the coming week. Initial sales are being completed on a train-by-train basis through Fitzroy’s Carborough Downs facilities during the ramp-up phase while Bowen’s own train loadout facility at the Burton Complex is being refurbished.

The company has recently announced it is planning a maiden Cape-size vessel of BME coal for late December 2022.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
Bowen Coking Coal, tel +61 7 3191 8413 or email info@bowencokingcoal.com.

Edited by Creamer Media Reporter

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