The News

Mothballed Bowen Basin mine likely to reopen

  • Thursday, June 22, 2017

Source: Daily Mercury

AFTER scrapping plans to place the Carborough Downs mine on care and maintenance, it's new owner has pushed forward with expansion projects and is now working to reopen the Broadlea coal mine.

Fitzroy Australia Resources bought Vale's 90% stake in Carborough Downs, near Coppabella, in December last year; it included the Broadlea open cut operations and a number of underdeveloped coal tenements.

While Vale had planned to put the Carborough Downs mine on care and maintenance in April, Fitzroy Australia Resources chief executive Grant Polwarth said it had retained the 170-180 workers and pushed forward with expansions to keep it open another five to 10 years.

But he said it "had to move quickly" to kickstart this development, so had brought in about 72 contractors from ABM and One Key.