Columboola coal project

From Global Energy Monitor

The Columboola coal project is a proposed underground coking coal mine, which would lie near to Miles, Queensland, Australia.[1]

Location

The proposed Columboola mine would lie between the towns of Miles and Chinchilla, Queensland, Australia.[2] The undated image below shows the approximate location.

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Coal Mine Background

In 2013 the CEO of MetroCoal said, "Both Bundi and Columboola, along with the other proposed mines in the Surat Basin, rely on the construction of the Surat Basin railway to provide the connection to the port. Construction of this rail has been delayed with the announcement of the mothballing of Glencore’s Wandoan project."[3]

In April 2010, Metro Coal entered into a Joint Venture Agreement with China Coal Import & Export Company, a wholly-owned subsidiary of China National Coal Group Corp.[4]

Exploration commenced in 2011.[4]

A Mineral Developments License application has been granted.[1]

Project Details

  • Sponsor: Metro (49%) and SinoCoal Resources (51%)[1]
  • Parent Company: Sinocoal is a subsidiary of China Coal[1]
  • Location: between Miles and Chinchilla
  • GPS Coordinates: -26.744057, 150.327096 (approximate)
  • Status: Cancelled
  • Production Capacity:
  • Total Resource: 1216.6 million tonnes[1]
  • Mineable Reserves:
  • Coal type: Thermal[1]
  • Mine Size:
  • Mine Type:
  • Start Year: 2023 earliest[5]
  • Source of Financing:

Articles and resources

References

  1. 1.0 1.1 1.2 1.3 1.4 1.5 Metro Coal, "Coal projects", Metro Coal website, accessed 20 December 2019.
  2. Metro Coal, "SinoCoal JV Funds confirmed transfer of 51% interest underway", ASX announcement, 6 December 2010.
  3. Mike O’Brien, "Metro Coal Annual Report 2013", page 4, July 2013.
  4. 4.0 4.1 Metro Coal, "Financial Statements for the Year Ended 30 June 2018", page 3, 30 June 2018.
  5. Australian Government, "Columboola Project", Bioregional Assessments website, 5 January 2018.

Articles and resources

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