Aquila metallurgical coal project, Australia – update
Name of the Project
Aquila metallurgical coal project.
Location
Central Queensland, Australia.
Project Owner/s
Aquila forms part of the Capcoal Joint Venture between Anglo American (70%) and Mitsui & Co (30%).
Project Description
Aquila is a longwall operation leveraging the existing Grasstree infrastructure and producing high-quality hard coking coal. It will be one of the world’s most technologically advanced underground mines.
The project will extend the life of Anglo American’s existing Capcoal underground operations, near Middlemount, by seven years, and continue to use the associated infrastructure at the Capcoal complex as its nearby Grasstree mine approaches the end of its life.
The new mine will have a total average yearly saleable production of about five-million tonnes of hard coking coal.
The project includes a reverse osmosis water treatment system to increase the use of recycled water and reduce the reliance on fresh water at the mine.
Potential Job Creation
The mine supports about 600 ongoing operational roles for Anglo’s Queensland-based workforce, including providing continuity of employment for the company’s Grasstree mining team.
Net Present Value/Internal Rate of Return
Not stated.
Capital Expenditure
A$226-million.
Planned Start/End Date
First longwall production started in February 2022, and fully ramped up in June 2022.
Latest Developments
The project is complete.
Key Contracts, Suppliers and Consultants
Mastermyne (mining development contract).
Contact Details for Project Information
Anglo American, Lisa Clifford, tel +61 419 864 466 or email Lisa.Clifford@angloamerican.com.
Mitsui and Co, tel +61 7 3032 8875 or email mch@mitsui.com.
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