Coppabella coal mine

From Global Energy Monitor

The Coppabella coal mine is an operating metallurgical open cut mine in central Queensland. It is majority-owned by Peabody Energy and has been in operations since 1998. The mine has four pits – Johnson, South, Creek and East Pits.[1]

Location

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Background

Mining operations at Coppabella began in June 1998. After ten years of operating under a mining contract, a joint venture led by Macarthur Coal acquired Coppabella in 2008. Macarthur Coal held a 73.3% stake interest in the mine, with the other parties including CITIC Australia Coppabella, KC Resources (Kawasho Corporation), Mapella (Marubeni Corporation), NS Coal (NS Trading), and Winview (Sojitz Corporation).[1]

In 2011, Peabody Energy acquired all of Macarthur Coal, and with it, Coppabella mine and the nearby Moorvale mine.[2] They have been operating the mine ever since. The coal from Coppabella is exported through the Dalrymple Bay Coal Terminal to global seaborne demand centers.[3]

Though production capacity has been cited as between 4.8 — 5 million tonnes of coal per year, in 2019, 2.2 million tonnes of coal were mined.[4] Coppabella’s last mining lease expires in May 2040.[5]

Articles and resources

References

  1. 1.0 1.1 "Coppabella Coal Mine," "Mining Technology," accessed June 2020.
  2. "Peabody Energy (NYSE: BTU) Completes Acquisition of Macarthur Coal," "Cision: PR Newswire," December 20, 2011.
  3. "Coppabella Mine," "Peabody energy," accessed June 2020.
  4. "COPPABELLA," "MiningLink," accessed June 2020.
  5. "Environmental Authority Application - Variation," "Peabody Energy," August 30, 2019.