NEWS: (Click title to read release)
Located within the Western Coalfields of New South Wales, the Moolarben coal mine is a world-class open cut coal asset producing export quality thermal coal.
The Moolarben Coal Mine is a world-class coal asset situated within the Western Coalfields of New South Wales, near the village of Ulan, approximately 45km northeast of Mudgee and 25km east of Gulgong. The Moolarben coal mine ships internationally via the Port of Newcastle.
In 2015, the Moolarben operation produced total ROM coal of 9.0 million tonnes (7.22 million tonnes equity share) and total saleable coal of 6.0 million tonnes (5.54 million tonnes equity share).
Moolarben Coal Operations Pty Ltd is the operator of the Moolarben Coal Complex on behalf of the Joint Venture (JV). The JV partners are Moolarben Coal Mines Pty Ltd (81%), a consortium of Korean companies represented by Kores Australia Moolarben Coal Pty Ltd (9%), and Sojitz Moolarben Resources Pty Ltd (10%).
Operations comprise an existing open cut mine (Stage One) producing export quality thermal coal and an underground thermal coal development project (Stage Two).
Moolarben benefits from the geology of the Ulan coal seam, which has an average thickness of approximately 12 metres throughout the deposit, a low strip ratio and a relatively simple mining operation.
Moolarben Stage Two
As announced 19 June 2014, the New South Wales Planning and Assessment Commission (PAC) approved the Moolarben coal mine’s Stage One modification Nine, subject to conditions, allowing for the extraction of an additional 30 million tonnes of ROM coal over the life of the mine.
As announced on 2 February 2015, the New South Wales PAC approved Yancoal’s Moolarben Stage Two expansion application.
As announced 3 September and 14 September 2015 respectively, the NSW Department of Industry, Resources and Energy granted the mining lease and mining operations plan for the Moolarben Stage Two Project.
Once fully developed, the integrated Moolarben Coal Complex (Stage One and Stage Two) will produce up to 17 million tonnes of ROM coal per annum for a period of 24 years.