Bowen Coking Coal Ltd has appointed BUMA Australia Pty Ltd to provide mining services to its 100% owned Broadmeadow East Mine, with an option to extend those services to the Burton mine and agreed rates and tonnages. First phase mobilisation of site infrastructure, ancillary equipment, haul tucks and an EX3600 excavator are underway and site work is expected to commence within the next two weeks.Annual ROM production contracted at an average rate of 1.2 million tonnes per year for BME over the term of the contract (three years plus one-year optional extension). First coal delivery to the Carborough CHPP targeted during July 2022.The Broadmeadow East Project was acquired from Peabody Energy in June 2020 for AUD 1 million, plus a royalty of USD 1 per tonne for the first 1.5 million tonne sold. The project hosts a 33 million tonne resource and was initially planned to be mined though conventional truck and shovel opencast mining at a rate of between 0.8-1 million tonnes per year over a period of between 5 – 7 years. A fast tracked program for this contract targets the same tonnages to be mined at an average rate of circa 1.2 million tonnes per year over a shorter period.Bowen Coking Coal Managing Director and CEO, Gerhard Redelinghuys, said: “We welcome the experienced team from BUMA onboard and we look forward to a long and mutually prosperous partnership. BME is a critical building block in Bowen’s plans to become Australia’s next significant independent coking coal producer.Coal mined from BME will initially be hauled to Fitzroy Australia’s Carborough Downs CHPP, where it will be washed and exported to global steel producers through the Dalrymple Bay Coal Terminal under an infrastructure access agreement.
Bowen Coking Coal Ltd has appointed BUMA Australia Pty Ltd to provide mining services to its 100% owned Broadmeadow East Mine, with an option to extend those services to the Burton mine and agreed rates and tonnages. First phase mobilisation of site infrastructure, ancillary equipment, haul tucks and an EX3600 excavator are underway and site work is expected to commence within the next two weeks.Annual ROM production contracted at an average rate of 1.2 million tonnes per year for BME over the term of the contract (three years plus one-year optional extension). First coal delivery to the Carborough CHPP targeted during July 2022.The Broadmeadow East Project was acquired from Peabody Energy in June 2020 for AUD 1 million, plus a royalty of USD 1 per tonne for the first 1.5 million tonne sold. The project hosts a 33 million tonne resource and was initially planned to be mined though conventional truck and shovel opencast mining at a rate of between 0.8-1 million tonnes per year over a period of between 5 – 7 years. A fast tracked program for this contract targets the same tonnages to be mined at an average rate of circa 1.2 million tonnes per year over a shorter period.Bowen Coking Coal Managing Director and CEO, Gerhard Redelinghuys, said: “We welcome the experienced team from BUMA onboard and we look forward to a long and mutually prosperous partnership. BME is a critical building block in Bowen’s plans to become Australia’s next significant independent coking coal producer.Coal mined from BME will initially be hauled to Fitzroy Australia’s Carborough Downs CHPP, where it will be washed and exported to global steel producers through the Dalrymple Bay Coal Terminal under an infrastructure access agreement.
