Foxleigh coal mine

Foxleigh Coal Mine
Location
Location 12 km south west of Middlemount
Queensland
Country Australia
Production
Products Coking coal
Owner
Company Middlemount South, POSCO, Nippon Steel

The Foxleigh Coal Mine is a coal mine located in the Bowen Basin of Central Queensland, Australia. The mine has coal reserves amounting to 102 million tonnes of coking coal, one of the largest coal reserves in Asia and the world. The mine has an annual production capacity of 3 million tonnes of coal.[1]

Coal extracted from the mine has a very low ash content which is rare in Australia and valued by steelmakers.[2]

The mine is owned by Middlemount South, POSCO[3] and Nippon Steel.[4] Exports leave the country via the Dalrymple Bay Coal Terminal at Hay Point.

History

A worker at the mine was killed on 18 December 2010, when a truck tyre exploded.[5]

Anglo American acquired a 70% stake in Foxleigh in 2007. Nippon Steel bought a 10% stake in the mine from Itochu in 2010.[4]

In 2016, Anglo American sold their 70% share of the Foxleigh coal mine to Middlemount South, a subsidiary of Taurus Funds Management.[6] [7]

See also

References

  1. ↑ "Bowen Basin coal mines". bowenbasin.com. 2012. Retrieved 2013-07-03.
  2. ↑ "Nippon takes stake in Foxleigh mine". The Sydney Morning Herald. Fairfax Media. 5 August 2010. Retrieved 2 August 2014.
  3. ↑ "Foxleigh". Anglo American. Retrieved 2 August 2014.
  4. 1 2 Masumi Suga, Ichiro Suzuki (4 August 2010). "Nippon Steel Acquires 10% of Foxleigh Metallurgical Coal Mine From Itochu". Bloomberg. Retrieved 2 August 2014.
  5. ↑ Janessa Ekert (21 May 2014). "Coronial inquest into death of miner at Foxleigh Mine". The Daily Mercury. The Mackay Printing and Publishing Company. Retrieved 2 August 2014.
  6. ↑ Cole Latimer (29 August 2016). "Middlemount South buys Anglo American Foxleigh coal mine". Australian Mining. Prime Creative Media. Retrieved 19 September 2016.
  7. ↑ Anglo American (29 August 2016). "Anglo American completes sale of the Foxleigh mine". Anglo American (Media Release). Anglo American. Retrieved 21 September 2016.

Coordinates: 22°57′15″S 148°46′06″E / 22.95422°S 148.76847°E / -22.95422; 148.76847

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