Millennium Mine

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Millennium Mine is a surface mine in Queensland's Bowen Basin, Australia, owned by Peabody Energy. Peabody finished purchasing the remaining 15.4% share of the Millennium Mine in 2008 from the former minority shareholders for $110.1 million. Peabody began operations in 2007, and manage the mine utilizing a contract miner. During 2008, the Millennium Mine sold 1.3 million tons of metallurgical coal through the Dalrymple Bay Coal Terminal, primarily to customers in India.

According to Peabody's website, coal from Millennium possesses a higher percentage of vitrinite, a mineral which contributes to a higher quality steel. Peabody is ramping up to produce up to 3 million tons of low-ash coking and low- to mid-volatile PCI (pulverized coal injection) product by 2010. The Millennium Preparation Plant can create sized coals within plus or minus 20 millimeters for niche international markets.

Mine Data

• Owner: Peabody Energy
• Parent company: Peabody Energy
• Location: Queensland's Bowen Basin, Australia
• GPS coordinates:
• Production: 1.3 million tons (2008)
• Type of coal: Metallurgical
• Mine type: Surface
• Equipment: Truck, shovel
• Number of employees:
• Recoverable Reserves: 22 million tons

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