Who owns the Burton mine?
The Burton mine, a significant coal mining operation located in Queensland, Australia, is owned by Peabody Energy, one of the largest coal producers in the world. Peabody Energy acquired the Burton mine as part of its portfolio of mining assets, which includes both thermal and metallurgical coal operations globally. The company has been a key player in the coal industry for over a century, and the Burton mine is a strategic asset in its Australian operations.
Key Details About Peabody Energy’s Ownership
Peabody Energy has been managing the Burton mine since its acquisition, focusing on efficient and sustainable mining practices. The mine primarily produces high-quality metallurgical coal, which is essential for steel production. Peabody’s ownership ensures that the mine adheres to strict environmental and safety standards, aligning with the company’s commitment to responsible resource extraction.
The Burton mine’s operations contribute significantly to the local economy, providing employment opportunities and supporting regional development. Peabody Energy’s ownership has also facilitated investments in advanced mining technologies, enhancing productivity and minimizing environmental impact.
What is the biggest mine in Queensland?
The Peak Downs Mine holds the title of the biggest mine in Queensland. Located in the Bowen Basin, near the town of Moranbah, it is one of the largest coal mines in Australia and the world. Operated by BHP Mitsubishi Alliance (BMA), the mine has been in production since 1972 and continues to play a significant role in Queensland’s mining industry.
Key Features of the Peak Downs Mine
- Size: The mine spans an extensive area, with multiple open-cut pits contributing to its massive scale.
- Production: It produces millions of tonnes of high-quality metallurgical coal annually, primarily used in steelmaking.
- Infrastructure: The mine is supported by advanced mining equipment, rail networks, and export facilities, ensuring efficient operations.
The Peak Downs Mine is not only a cornerstone of Queensland’s economy but also a major employer in the region. Its operations contribute significantly to Australia’s export revenue, with coal shipped to markets across Asia and beyond. The mine’s longevity and ongoing development highlight its importance in the global mining sector.
What mines are in Central Queensland?
Central Queensland is home to some of Australia’s most significant mining operations, particularly in the coal and mineral sectors. The region is a major contributor to the country’s export economy, with numerous large-scale mines operating across its vast landscape. Coal mining dominates the industry, with the Bowen Basin being one of the most prominent coal-producing areas in the world. This basin alone hosts several key mines, including the Moranbah North Mine, Goonyella Riverside Mine, and Peak Downs Mine, which are known for their high-quality metallurgical coal used in steel production.
In addition to coal, Central Queensland is also rich in other minerals, such as gold, copper, and bauxite. The Ernest Henry Mine, located near Cloncurry, is a notable copper and gold operation, while the Bauxite Hills Mine on the Cape York Peninsula is a significant source of bauxite, the primary ore for aluminum production. These mines not only support the local economy but also play a crucial role in meeting global demand for essential resources.
Key Mines in Central Queensland
- Moranbah North Mine – A major producer of metallurgical coal.
- Goonyella Riverside Mine – One of the largest coal mines in the Bowen Basin.
- Peak Downs Mine – Known for its high-quality coking coal.
- Ernest Henry Mine – A leading copper and gold operation.
- Bauxite Hills Mine – A significant source of bauxite for aluminum production.
Who owns Hail Creek mine?
The Hail Creek mine is currently owned by Glencore, a multinational commodity trading and mining company. Glencore acquired the mine in 2018 as part of its purchase of Rio Tinto’s coal assets in Australia. This acquisition included the Hail Creek mine along with other coal operations, solidifying Glencore’s position as a major player in the global coal industry.
Key Details About the Ownership
- Previous Owner: Rio Tinto operated the Hail Creek mine before its sale to Glencore.
- Acquisition Year: The ownership transfer occurred in 2018.
- Location: The mine is located in Queensland, Australia, and continues to be a significant coal producer under Glencore’s management.
Since taking ownership, Glencore has focused on maintaining the mine’s productivity while adhering to environmental and safety standards. The Hail Creek mine remains a vital asset in Glencore’s portfolio, contributing to its overall coal production and export capabilities.