Rio Tinto Coal Australia
Rio Tinto Coal Australia (RTCA) is a wholly-owned subsidiary of Rio Tinto, a global mining company. RTCA manages coal operations in both Queensland and New South Wales.
Queensland mining interests
In Queensland the company operations the the Blair Athol (Rio Tinto: 71 per cent), Kestrel (Rio Tinto: 80 per cent) and Hail Creek (Rio Tinto: 82 per cent) coal mines and the Clermont deposit (Rio Tinto: 50 per cent). "Blair Athol produces thermal coal and sells principally to the Japanese market generally on annual agreements. Kestrel and Hail Creek sell mainly metallurgical coal to customers in Japan, south east Asia, Europe and Central America, generally on annual agreements," Rio Tinto states on the website.
New South Wales mining interests
In New South Wales "RTCA also provides management services to Coal & Allied Industries (Coal & Allied) for operation of its four mines located within the Hunter Valley in New South Wales." Coal & Allied is 75.7% owned by Rio Tinto. Coal & Allied, Rio Tinto states, "wholly owns Hunter Valley Operations, has an 80 per cent interest in Mount Thorley Operations, a 55.6 per cent interest in the contiguous Warkworth mine, and a 40 per cent interest in the Bengalla mine which abuts its wholly owned Mount Pleasant development project. Coal & Allied also has a 37 per cent interest in Port Waratah Coal Services coal loading terminal ... Coal & Allied produces thermal and semi soft coal. Most of its thermal coal is sold under contracts to electrical or industrial customers in Japan, Korea and elsewhere in Asia. The balance is sold in Europe and Australia. Coal & Allied’s semi soft coal is exported to steel producing customers in Asia and Europe under a combination of long term contracts and spot business."
Articles and Resources
- Rio Tinto, "Rio Tinto Coal Australia", Rio Tinto Operations & Financial Report, 2008.
Related GEM.wiki articles
- Rio Tinto and the FTSE4Good Index
- Rio Tinto's uranium mining interests
- Rio Tinto's coal interests
- Carbon Capture and Storage
- International Partnership for the Hydrogen Economy
|This article is a stub. You can help by expanding it.|