Name of the Project
Valeria coal project.
Location
The project is located in the Bowen basin, in Queensland, Australia.
Project Owner/s
Valeria Coal Holding, a wholly owned subsidiary of Glencore Coal.
Project Description
The project involves the construction of a greenfield thermal and metallurgical coal mine, with a capacity of up to 20-million tonnes a year of run-of-mine coal over a mine life of 35 years.
The project includes:
• an opencut thermal and metallurgical coal mine;
• mine infrastructure areas, including a coal handling and processing plant;
• a rail loop and train load-out facility;
• site access roads;
• mine water management dams and storage facilities;
• sewage treatment facilities; and
• office buildings and amenities.
Potential Job Creation
The project is expected to create 1 400 jobs during construction and 950 jobs when the mine is operational.
Net Present Value/Internal Rate of Return
Not stated.
Capital Expenditure
The project is estimated at $1.5-billion.
Planned Start/End Date
Construction is expected to start in 2024.
Latest Developments
The Queensland government awarded coordinated project status to the Valeria project under the state’s approval process in June 2020.
Key Contracts and Suppliers
None stated.
Contact Details for Project Information
Glencore Coal, email valeria@glencore.com.au.