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Broadmeadow East and Isaac River coal projects, Australia – update

Image of coal spew

Photo by Reuters

29th July 2022

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Broadmeadow East and Isaac River coal projects.

Location
The Broadmeadow East project is situated about 185 km south-west of Mackay, Queensland, and 25 km north-east of the major regional township of Moranbah in the central Bowen basin, in Australia.

The Isaac River project is located in the central Bowen basin, about 30 km to the east of Moranbah, in Central Queensland, Australia.

Project Owner/s
Bowen Coking Coal.

Project Description
The Broadmeadow East project has resources of 33-million tonnes, of which 10.6-million tonnes are in the measured and indicated categories. Isaac River has resources of 8.7-million tonnes, of which 8.3-million tonnes are in the measured and indicated categories.

The coal at Broadmeadow East has the flexibility to produce a primary coking coal product of either high quality (7.5% ash, up to CSN 7.5) or high yield (9.2% ash, CSN 4.5). In both of the primary product cases, the secondary energy coal created from the primary coking coal discard has a calorific value of more than 6 500 kcal/kg, which is also a sought-after product for the export coal markets.

The results of the first-stage independent scoping studies on the Broadmeadow East and Isaac River coal projects have shown a run-of-mine production target of 800 000 t/y to 1.1-million tonnes a year over a five- to seven-year life-of-mine (LoM) for Broadmeadow East, and 400 000 t/y to 600 000 t/y over a four- to five-year LoM for Isaac River.  

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
Not stated.

Capital Expenditure
The Broadmeadow East project is expected to cost A$6-million to A$8-million and the Isaac River project A$14-million to A$17-million.

Planned Start/End Date
Not stated.

Latest Developments
Coal mining has started at the Broadmeadow East mine.

Coal is planned to be initially processed at the neighbouring Fitzroy coal handling and preparation plant (CHPP) under an infrastructure sharing agreement with Fitzroy, and exported through the Dalrymple Bay Coal Terminal.

As the first producing pit of the company’s expanded Burton Complex, which includes the Burton and Lenton Pits 20 km to the north, Broadmeadow East coal will be processed through the Burton CHPP following the completion of its refurbishment in early 2023.

“The fact that we have commenced coal mining in less than four months from final approvals being granted is a great testament to the hard work and capabilities of our company and contractors,” Bowen MD and CEO Gerhard Redelinghuys has said.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
Bowen Coking Coal, tel +61 7 3191 8413 or email info@bowencokingcoal.com.

Edited by Creamer Media Reporter

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