BCPL/PEC – Monto Mine Development – Queensland - Project Profile
"BCPL/PEC – Monto Mine Development – Queensland - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Burnett Coal Pty Ltd (BCPL), Peabody Energy Corporation (PEC) are developing a coal mine in Monto, Queensland, Australia.
The project involves the development of a coal mine with a production capacity of 1MTPA of ore. It includes the construction, development, and operation of surface and underground open pit and associated infrastructure.
The project includes the construction of a coal haulage transport facility, a rail line, accommodation facilities, a water management and sewerage facility, a power distribution facility and other related facilities.
Salva Resources Pty Ltd has been appointed as an engineering consultant.
On April 21, 2005, a mining lease was approved for the project.
On 28 July 2005, BCPL and PEC entered into an agreement with the China Huaneng Group to sell half of Macarthur Coal’s existing 51% interest in the project (25.5%) for a total consideration of US$22.50 million, subject to the satisfaction of several conditions precedent.
In July 2013, the project was put under care and maintenance.
As of August 2017, planning activities are underway.
The project involves the development of a coal mine with a production capacity of 1 million tonnes per annum (MTPA) of ore in Monto, Queensland, Australia.
The US$110 million project includes the following:
1. Construction of a coal haulage transport facility
2. Construction of a rail line
3. Construction of accommodation facilities
4. Construction of a water management and sewerage facility