Metallurgical coal
Overview
Our metallurgical coal business is Australia’s fourth biggest producer of coal and its number two exporter of metallurgical coal. We are active partners in diverse clean coal energy initiatives.
Share of Group operating profit (2009): 9%
Share of Group net operating assets (2009): 9%
Our strategy is to be a large, low-cost, reliable exporter of quality coal to steel producers worldwide from Queensland's well-established Bowen Basin.
We operate six mines – one wholly owned and five mines in which we have a controlling interest. Five of the mines – Moranbah North, Capcoal, Foxleigh, Dawson and Callide – are in Queensland. Drayton is in the Hunter Valley in New South Wales.
Our coal resource base totals some 3.5 billion tonnes of coal equivalent to about 80 years at current rates of production. These include high quality greenfields metallurgical coal reserves that are close to existing infrastructure.
Clean coal technologies
We aim to be an industry leader in the pursuit of cleaner coal solutions for the world's energy needs and we are committed to reducing our carbon emissions by supporting world-leading technology.
Our metallurgical coal business in China
We have sold metallurgical coal in China to support its rapidly growing steel industry.