Dalrymple Bay Coal Terminal
|This article is part of the CoalSwarm coverage of Australia and coal|
Dalrymple Bay Coal Terminal (DBCT) is a common-user coal terminal at the port of Hay Point in Queensland, Australia. It is the state's largest coal export terminal, with an annual export capacity of 85 million tonnes. DBCT is supplied by an electrified rail system from Queensland's Bowen Basin coalfields.
The terminal is located at the port of Hay Point, 38km south of Mackay, Queensland, Australia. Immediately adjoining the Dalrymple Bay Coal Terminal is the Hay Point Coal Terminal, which is owned and operated by BHP Billiton.
- Owner: Brookfield Asset Management
- Coal handling Capacity: 85 mtpa
- Status: Operating
- Start year: 1983
- Type: Exports (China, Japan, India, South Korea)
- Coal source: Bowen Basin coalfields
The terminal has three rail inloading systems, three ship loaders capable of loading at a maximum rate of 7,200 tonnes per hour, and four shipping berths, all capable of receiving Cape size vessels up to 220,000dwt. The terminal is leased from the Queensland state government and operated by DBCT Management Pty Ltd, a company owned by Brookfield Asset Management.
Dalrymple Bay Coal Terminal was designed as an open access coal export facility by the Queensland Government on behalf of four original customers who were unable to access the adjacent Hay Point Coal Terminal. DBCT began operations in 1983 and remains one of Australia's leading coal export facilities. According to the DBCT Management website, it is Queensland's largest coal export terminal and the only privately owned and operated terminal in Queensland that offers multiple third party access. The terminal supplies coking coal, PCI coal and thermal coal from Queensland's Bowen Basin coal fields to the world export market, accounting for approximately 7% of total global seaborne coal exports and 21% of world metallurgical seaborne coal exports.
DBCT's initial export capacity of approximately 15 million tonnes in 1983 has increased to 85 million tons over the course of several expansions. In June 2009, upon completion of its most recent expansion project (DBCT 7X), DBCT temporarily attained the status of largest coal export terminal in the world.
In October 2014, Platts reported that the largest international customers for coal shipped from DBCT included China, Japan, India and South Korea. Companies using DBCT's port services include Anglo American, BHP Billiton-Mitsubishi Alliance, Glencore, Peabody Energy and Rio Tinto.
In June 2020, IJGlobal reported that Brookfield Asset Management was making efforts to restart the sale of the terminal, valued at more than US$1.3 billion. Citi, Credit Suisse and Bank of America Merrill Lynch were reported to be leading on preparations for a potential initial public offering (IPO) for the terminal.
In September 2021, Brookfield Infrastructure moved to increase its shareholding in the coal terminal to 60% after selling off a 51% stake in 2020.
Articles and resources
- BHP Billiton, "Coal: Assets", BHP Billiton website, accessed January 2015.
- "Expansion Opportunities at Dalrymple Bay Terminal", Dalrymple Bay Infrastructure Management, September 2019.
- "About the Terminal", DBCT Management website, accessed January 2015.
- North Queensland Bulk Ports Corporation, "Hay Point", North Queensland Bulk Ports Corporation website, accessed January 2015.
- "History: About Dalrymple Bay Coal Terminal", Dalrymple Bay Coal Terminal website, accessed March 2018.
- "Welcome to Dalrymple Bay Coal Terminal", Dalrymple Bay Coal Terminal website, accessed January 2015.
- "History: About Dalrymple Bay Coal Terminal", DBCT Management website, accessed January 2015.
- "Dalrymple Bay Coal Terminal 7X Project", Hatch website, accessed January 2015.
- "Australian Dalrymple Bay terminal's September coal exports at 3-month high of 6 million mt", Platts, October 23, 2014.
- "Brookfield's Oz coal terminal sale process restarts", IJGlobal, June 2020.
- "Brookfield reverses course on Dalrymple Bay coal terminal", Financial Review, September 12, 2021.