813Mt Open Cut
>2 Billion tonnes Underground Target
514Mt Open Cut
Held by Pembroke
Similar to well accepted
Bowen Basin brands
Open Cut Production
Commencement of production in 2020
Develops to 15Mtpa with > 80 years mine life
~ 500 - 700
> 1,000 at full production
A World-Class Steelmaking coal development of significant scale and size with up to 80 years of mine life.
Based on Pembroke's forecasts of coking coal price and production rates, over its up to 80 years mine life, the project has the potential to generate as much as A$6 billion of royalties for the Queensland Government
Steelmaking coal is an un-substitutable ingredient in the production of steel, an essential material that underpins almost every aspect of modern industry and society.
Located in the world's best metallurgical coal basin, the Bowen Basin. The Bowen Basin is a mature mining region that is well supported by existing infrastructure and logistics.
A new mining development that will create additional jobs for the Issac Region and the state of Queensland
During the construction stage of the site, it is estimated that 500-700 jobs will be created in 2019-20, with a further 300-500 construction jobs around 2027. When the mine is operational, 480 new jobs will be created by 2020 and 960 jobs by 2021, with an increase to 1,300 jobs in 2033, ongoing until around 2050.
Large reserves and scale underpin a robust mining operation that will provide jobs for families in the region for generations
It's expected that throughout the duration of the mine's life, it will create 1,401 jobs (Average FTE) throughout the state of Queensland.
Significant contribution to Queensland and the Issac Region through state royalties and increased economic activity
Funded through to production through committed financial backing
Managed under the stewardship of an experienced team with a proven track record in responsible mining
Pembroke Resources is a private Australian company established by a group of executives with significant experience in the development, expansion, operation and financial management of coal mines and mining companies both in Australia and internationally. Together, they have a combined experience of over 100years in the coal industry.
Large scale operation that is suited to the latest mining fleet and environmental management technology
More than 90% of the product from the mine will be metallurgical coal
Located centrally in the world's premier coking coal precint, the Bowen Basin of Queensland.
The Olive Downs Coking Coal Project is a Coordinated Project under the Queensland State Development Act.
Mining Lease Applications
Mine Lease Applications ML700032 to 700036 (inclusive) cover the project mining infrastructure areas, including rail and water corridors.
Pembroke holds tenements MDL 3012, 3013, 3014, 3025, as well as a beneficial interest in parts of EPC 649, 721 and 850.
The Environmental Impact Statement (EIS) was prepared under the Terms of Reference issued by the Coordinator General.
Benefits to Queensland and the Isaac Region
Indigenous employment and training opportunities
Pembroke has signed an Indigenous Land Use Agreement (ILUA) with the Barada Barna Aboriginal Corporation, the traditional owners of the land on which the Olive Downs project will be developed.These agreements provide for a commercial benefits package for the entire life of the mine and include certain upfront and annual monetary payments into a trust for the Barada Barna native title holders as well as an employment program for members of the Barada Barna community at the mine.
Pembroke has also developed a cultural heritage management plan to manage impacts on aboriginal cultural heritage and to meet Pembroke's duty of care obligations at the project site.
In-migration - Population growth and community vitality
Benefits for local and regional businesses
Locally-based employment, including a focus on gender equality
Pembroke will develop recruitment policies and processes for local employment, the attraction of 'new local' personnel, female and indigenous participation. All jobs will be advertised within the Issac LGA and employment opportunities will be promted widely. Applicants will be screened based on merit and fit with requirements.
Close proximity to existing infrastructure and world's leading coking coal brands
The Project development neighbours established metallurgical coal producers that provide benchmark brands to the global seaborne markets in Asia and wider regions. The regional setting of the Project is well supported by all development infrastructure requirements and resourcing required for the life of the project.
High-quality Steelmaking Coals
The Project contains coal resources within the Rangal Coal Measures, which together with the Moranbah Coal Measures are the dominant source of metallurgical coal exported from Australia. The Leichhardt and Vermont Seams of the Rangal Coal Measures form the principal economic open cut coal reserves in the Olive Downs Project and the Moranbah Coal Measures host the underground exploration target.
Balanced Approach to Land Management
Pembroke owns the Iffley, Deverill and Twenty Mile properties covering over 41,000ha which will provide for joint development of mining and agricultural endeavours and land for environmental offset.
The Project includes a central coal handling and processing plant (CHPP) with expansion phases aligned to mine development. An automated train loading facility will be constructed with ability to load 10,000 t trains. A new rail spur will provide connection to the existing Norwich Park Branch Railway system for transport of product coal to the port facilities. Product coal will be transported to the Dalrymple Bay Coal Terminal for which capacity is secured for stage one of the project. Linear infrastructure corridors will provide for power, road, water and rail services to the project site.
100% owned by Pembroke Resources
Olive Downs South and Willunga and associated linear infrastructure corridors
90% metallurgical coal
Expanding to 15Mtpa product coal
Construction workforce: 500
|Stage of Development||
CG considering final EIS
|Olive Downs Coking Coal Project Enquiries||
P: 1300 527 995