Anglo American signs power option at Grosvenor
PERTH (miningweekly.com) – ASX-listed Energy Development has inked an agreement with mining major Anglo American for the development of a waste coal mine gas power station at the Grosvenor metallurgical coal mine, in Queensland.
Grosvenor is Anglo American’s $1.9-billion flagship underground longwall mine, which will produce about five-million tonnes a year of export coking coal once operational in 2016.
The project is expected to have a mine life of some 30 years.
Energy Development noted that the agreement with Anglo American would see the company build a 21 MW power station at Grosvenor, with an initial operating term ending in 2038, subject to board approvals, funding and securing the necessary approvals.
The proposed power station would be the third to be developed by Energy Development at an Anglo American mine, with a 45 MW power station at the Grasstree mine and a 63 MW power station at the Moranbah North mine.
“Signing this new agreement is testament to the important strategic relationship which Energy Development has developed over the years with Anglo American and highlights the company’s strong project development pipeline,” said MD Greg Pritchard.
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