Moranbah South coal project

From Global Energy Monitor
This article is part of the Global Coal Mine Tracker, a project of Global Energy Monitor.
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The Moranbah South coal project is a proposed underground coking coal mine, operated by Anglo American and Exxaro Resources, producing 18 million tonnes per annum, near Moranbah in the Bowen Basin in Queensland, Australia.[1]

In December 2020, the project was removed from Anglo American's list of expansion options showed to investors. The project is shelved and likely cancelled.[2]

Location

The undated image below shows the exact location of the proposed mine.[3]

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Coal Mine Background

On 24 May 2012, the project was declared a controlled action under the Commonwealth Environment Protection and Biodiversity Conservation Act 1999 (EPBC Act), including that it be assessed by the EP Act EIS process under the bilateral agreement between the Commonwealth of Australia and the State of Queensland relating to environmental impact assessment.[1] Approval came from the Australian Federal Government in November 2014.[4]

In 2017 Exxaro said, "The current terms of both mineral development licences will expire in 2018;... The current term of EPC 548 expires on 22 February 2017 (renewal application lodged 11 November 2016). The current term of EPC 602 expires on 31 December 2018. Exxaro reasonably expects that approval of the renewal of EPC 548 will not be withheld. Exploration activities comply with all licence requirements and renewals will be timeously submitted."[3] In 2017 the project was up for sale.[5]

In 2018 Anglo American and Exxaro Resources had become re-interested in this project after their sale process failed to attract the price they wanted and as market conditions for coal have vastly improved.[5]

If the mine goes ahead it could run for 30 years.[1] Coal would travel by rail to Abbot Point Coal Terminal for export. Transporting the coal would require the construction of a new on-site rail-loading facility and rail loop.[1] The mine would cause subsidence with the maximum predicted depth of vertical subsidence of 3.2 metres.[1]

Project Details

  • Sponsor: Anglo Coal (Grosvenor) (50%) and Exxaro Australia (50%)[1]
  • Parent Company: Anglo American and Exxaro Resources[5]
  • Location: Three kilometres south east of Moranbah, Queensland
  • GPS Coordinates: -22.072567, 148.096529 (exact)
  • Status: Proposed, marked Shelved (December 2020)[2]
  • Production Capacity: 18 mtpa[1]
  • Total Resource: 704.4 million tonnes[6]
  • Mineable Reserves:
  • Coal type: Metallurgical[1]
  • Mine Size: 17,550 hectares[1]
  • Mine Type: Underground longwall mining and bord and pillar mining[1]
  • Start Year:
  • Source of Financing:

Articles and resources

References

  1. 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 1.9 Queensland Government, "Moranbah South project", Queensland Government Completed Projects website, 6 August 2019.
  2. 2.0 2.1 Anglo American cuts coking coal guidance, Argus, December 14, 2020
  3. 3.0 3.1 Exxaro, "Consolidated mineral resources and ore reserves report 2017", Exxaro website, accessed 20 December 2019.
  4. Anglo American, "Operations and projects", Anglo American website, accessed 20 December 2019.
  5. 5.0 5.1 5.2 MiningMx, "Exxaro, Anglo put Moranbah South back on radar as coal prices soar", Mining Mx website, 28 June 2018.
  6. Anglo American, "Ore Reserves and Mineral Resources Report 2018", page 33, 6 August 2019.

Articles and resources

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