What type of coal does New Hope produce?
Bengalla thermal coal mine
The company has continued to rely on its Bengalla thermal coal mine in the Hunter Valley of New South Wales, while the New Acland mine moves into care and maintenance ahead of a decision from the Land Court for its expansion or retirement, expected in early 2022.
What does New Hope Corporation do?
An Australian owned and operated company, supporting local communities for almost 60 years. New Hope has operations spanning coal mining, exploration, port operation, oil, agriculture, innovative technologies and investment.
What is the largest coal mining company in Australia?
Glencore is now the biggest Australian coal producer, with attributable production of 76 million tonnes in 2018.
Who owns Bengalla?
Bengalla is currently owned 40 per cent by Wesfarmers, 40 per cent by New Hope, 10 per cent by Taipower and 10 per cent by Mitsui. The transaction is subject to regulatory approval and pre-emption rights under the Bengalla Joint Venture Deed.
Who owns Bengalla mine?
Bengalla Mining Company is a joint venture ownership with New Hope Group 80% and Taipower 20%.
Who owns coal in Australia?
Download coordinates as: KML
| Mine | State | Ultimate owner |
|---|---|---|
| Anglesea | Vic | Alcoa of Australia |
| Beltana | NSW | Xstrata |
| Bengalla | NSW | Coal & Allied |
| Callide | Qld | Batchfire |
Who owns Bengalla coalmine?
Who owns the New Hope Group?
New Hope Coal is 61.11% owned by Washington H. Soul Pattinson and is headquartered in Brisbane, Queensland. The company was first listed in 1904. New Hope Coal’s current chairman is Robert Millner.
When did Bengalla mine open?
1999
Bengalla received a 21-year development consent in 1996, and the site commenced production in 1999. In its first decade of operating, the mine typically produced around 5 to 6 million tonnes of thermal coal per year.
Who buys most of Australia’s coal?
Australia’s coking coal exports to China are expected to fall to between 20 and 22 megaton, down from close to 30 megaton in 2019.” According to the researchers, in normal years about a quarter of both Australia’s thermal and coking coal exports are destined for China.