Mining Mirror June 2019 | Page 10

Global Australian partner for Gregory Crinum Sojitz Coal Mining has officially taken ownership of the Gregory Crinum coal mine near Emerald in Central Queensland, Australia. S ojitz selected mine consultant DRA Global as the preferred partner for the restart, operations and maintenance of the Gregory Crinum Metallurgical Coal mine in Queensland’s Bowen Basin. The mine was previously owned by BHP Billiton Mitsubishi Alliance Joint Venture ( JV) made up of partners BHP and Mitsubishi Development (BMA). “The selection of DRA Global as our partner for the recommencement of operations at Gregory Crinum signifies another milestone in Sojitz’s vote of confidence towards the Australian coal industry,” says Cameron Vorias, CEO and managing director of Sojitz Coal Mining. “Recommencement of mining operations at Gregory Crinum will deliver significant benefits to all our stakeholders in addition to ensuring security of supply of hard coking coal to our valued customers, as well as providing jobs and strengthening the economy for the people in the Emerald, Springsure and Cappella Area and the State of Queensland.” The restart of Gregory Crinum will be delivered in two stages with the first stage focusing on the refurbishment of the processing plant, followed by the full operations and maintenance contract of the processing plant for the next three years. The Gregory Coal Mine is an open-cut coal mine at Crinum, about 60km north east of Emerald in Central Queensland. The mine has coal reserves of more than 159 million tonnes of coking coal, one of the largest coal reserves in Asia and the world. The Bowen Basin mine has an annual production capacity of five million tonnes of coal. Operations at the Gregory mine started in 1979. Coal from the mine is exported to the Port of Gladstone via the Blackwater railway system. The underground mine at the site is known as Crinum. Together both mines are referred to as the Gregory Crinum complex. In mid- 2013, the Crinum mine contained 8.3 million tonnes of coal and was forecast to continue extraction for another four years. Operations at the Crinum mine began in 1997 and it employs about 200 people. Longwall mining at Crinum finished in 2007. On 27 March 2019, BMA completed the sale of the mine to Sojitz Corporation for AUD100-million. In addition to the sale of the mine to Sojitz, BMA is providing appropriate funding for rehabilitation of the site, with all rehabilitation liabilities transferred to Sojitz. Sojitz Coal Mining has taken over the ownership of the Gregory Crinum mine in Australia. [8] MINING MIRROR JUNE 2019 www.miningmirror.co.za