Cameby Downs coal mine

Cameby Downs Coal Mine
Location
Location Darling Downs
Region Queensland
Country Australia
Production
Products Coking coal
History
Opened 2010
Owner
Company Yancoal Australia

The Cameby Downs Coal Mine is a coal mine located 16 km north-east of Miles on the Darling Downs in Queensland. The mine has coal reserves amounting to 688 million tonnes of coking coal, one of the largest coal reserves in Asia and the world. Coal is extracted from the Juandah Formation in the Surat Basin.[1]

Mining operations began in 2010. The mine has an annual production capacity of 2 million tonnes of coal.[2] It is owned by Yancoal Australia, a unit of the Chinese Yanzhou Coal Mining Company.[3]

Cameby Downs was one of numerous Queensland mines closed during the 2010–2011 Queensland floods.

Syntech Resources, who owned the mine in 2009 and itself was owned by Goldman Sachs, announced plans for a significant expansion of production from 1.8 million tonnes per year to 25 million tonnes per year.[1]

Exports from the mine leave via the Port of Brisbane.[3]

See also

References

  1. 1 2 "Cameby Downs Expansion Project". Department of Environment and Heritage Protection. 20 June 2013. Retrieved 5 August 2013.
  2. "Cameby Downs Coal Mine". yancoal.com. 2012. Retrieved 2013-07-03.
  3. 1 2 Matt Chambers (3 August 2011). "China's Yanzhou Coal buys Aussie mine for $202m". The Australian. News Limited. Retrieved 5 August 2013.

Coordinates: 26°36′58″S 150°21′11″E / 26.616°S 150.353°E / -26.616; 150.353

This article is issued from Wikipedia - version of the 3/1/2015. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.