Sarum Coal Project
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The Sarum Coal Project is a coal open cut and underground mine project proposed by Glencore to produce both thermal and metallurgical coal.[1] The project is located 20 km south of Collinsville, Queensland, Australia.
This project appears to be on hold, with no mention of it on Glencore Australia's website.[2]
Coal is expected to be exported via Abbot Point Coal Terminal.[3]
Location
The undated image below shows the exact location of the proposed Sarum coal project.[4]
Coal Mine Background
The mine was proposed by the Newlands, Collinsville, Abbot Point Joint Venture, which was 55% owned by Xstrata, 25% Itochu Coal Resources Australia, 10% ICRA NCA and 10% Sumisho Coal Australia project. In 2013 Glencore made a $44bn takeover of Xstrata to form Glencore Xstrata. The combined company's name changed to Glencore in 2014.[5] In December 2016 Glencore has acquired its joint venture partners' interests in the Newlands and Collinsville mines. Whether interests in the proposed Sarum mine were also sold is unclear.[3]
Tenements at the Sarum Project expire between April 2021 and May 2023. An application for the grant of a new Mineral Development Licence that covers the entire project area has been lodged.[6]
In 2010 the project had a notional commissioning date of 2014,[7] but little subsequent progression is evident.
Project Details
- Sponsor:
- Parent Company: Glencore
- Location: 20 km south of Collinsville
- GPS Coordinates: -20.756667, 147.903333 (exact)[4]
- Status: Shelved
- Production Capacity: 11 Mt/year[3]
- Total Resource:
- Mineable Reserves: 220 Mt[3]
- Coal type: Coking and thermal coal
- Mine Size: 18,938 hectares[3]
- Mine Type: Underground (longwall) and surface mining[1]
- Start Year:
- Source of Financing:
Articles and resources
References
- ↑ 1.0 1.1 Glencore, "Glencore - Resources & Reserves Report 2018" Page 52, 31 December 2018.
- ↑ Glencore, "Australia is an important part of our global business" Glencore website, accessed 16 October 2019.
- ↑ 3.0 3.1 3.2 3.3 3.4 Blair Price, "Another longwall option in the Sarum project" Australia's Mining Monthly, 7 April 2011.
- ↑ 4.0 4.1 Wikimapia "Sarum ML10336" 2014.
- ↑ "Glencore Xstrata PLC Drops Merger Name" Mining Global, 22 May 2014.
- ↑ Glencore, "Glencore - Resources & Reserves Report 2018" Page 54, 31 December 2018.
- ↑ Australian Bureau of Agricultural and Resource Economics, "Minerals and energy: Major development projects", April 2010. (Pdf). The list is also available in Excel format here.)
Related GEM.wiki articles
Contact details
Website: http://www.syntechresources.com.au
Articles and resources
References
Related GEM.wiki articles
External resources
- Xstrata Coal, "Xstrata Coal recommences Queensland growth projects", Media Release, July 6, 2010.
