Bowen Coking Coal Limited (Cabral Resources)
Bowen Coking Coal Limited (Cabral Resources)
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Australian miner Bowen Coking Coal expects a quick ramp-up after sending off the first shipment of 35,000t of ultra-low volatile pulverised coal injection product from its Bluff opencut mine.
The mine in Qld’s southern Bowen Basin is expected to reach steady-state ROM production of 80,000-100,000tpm by end-Aug, maintaining the 1-1.2Mtpa rate over 4-6 years.
Bluff coal is washed and loaded on rail at the recommissioned Cook Colliery for transport to the RG Tanna Coal Terminal at Gladstone.
Australian coking coal producer Bowen is moving towards its target of reaching 4Mtpa production by 2024 with a series of funding arrangements totalling about $A190M to support its new mine developments.
Bowen can now reach financial close on its acquisitions of the Burton and New Lenton assets from New Hope Corporation.
Australian miner Bowen Coking Coal has begun a major production ramp-up with the first two rail deliveries of coal from its Bluff opencut PCI mine in the southern Bowen Basin to the RG Tanna coal terminal at Gladstone. Its 38,000t first shipment is expected to leave by end-June to Taiwan multinational Formosa Plastics Group.
Indonesian-owned BUMA Australia expects to begin site work within two weeks after being awarded the coal mining services contract for Bowen Coking Coal’s planned second producing mine, the Broadmeadow East project in Queensland.
Site work is expected to start within six weeks at Bowen Coking Coal’s 100%-owned Broadmeadow East mine following the award of the mining services contract to BUMA Australia.
The subsidiary of Indonesian mining services giant BUMA has begun site equipment mobilisation for a rapid start-up targeting mining 600,000t ROM coal by end-2022.
Bowen Coking Coal has begun the transition from explorer to Australia’s newest independent metallurgical coal producer with the first mining at its Bluff opencut mine in the southern Bowen Basin in Queensland.
Early works by privately owned contractor HSE Mining under its 3-year mining services contract are expected to lead to steady-state production of 80,000-100,000tpm high-quality ultra low volatile pulverised coal injection product within three months.
The Isaac River coal project is a step closer to production for Australian developer Bowen Coking Coal after gaining two significant approvals from the Queensland state government.
The project in the central Bowen Basin, 30km E of Moranbah, has JORC resources of 8.7Mt resource, of which 8.7Mt is measured-indicated. Studies have indicated potential ROM production of 0.4-0.6Mtpa comprising primary coking and secondary PCI coal over 4-5 years.
Final environment approval for its amended project plan is the final step for Australian developer Bowen Coking Coal for first production in the June quarter from its 100%-owned Broadmeadow East project in Queensland’s Bowen Basin.
Broadmeadow East, which forms the first planned pit of BCC’s expanded Burton Complex including the Burton mine and New Lenton project, is slated to produce 0.8-1.1Mtpa ROM coal over 5-7 years. It offers flexibility to produce either high-quality (7.5% ash, CSN 7.5) or high yield (9.2% ash, CSN 4.5) primary coking coal.
Australian company Bowen Coking Coal expects first mine production late in the current quarter after significant rainstorms delayed progress at its Bluff pulverised coal injection mine in Queensland’s Bowen Basin.
Bowen says its comprehensive water management strategies are mitigating restart risks at the mothballed mine acquired in a $A5M cash/shares plus royalties deal with contractor MACA, principal creditor of its former owner Carabella Resources.
Australian explorer Bowen Coking Coal has made a further major step towards its strategy of becoming a significant coal producer in Queensland’s Bowen Basin with the signing of a binding agreement on its up-to $A97.5M acquisition of the Burton and Lenton assets from New Hope Group.