Full steam ahead for Sojitz Gregory coal exports
The company acquired the mothballed Gregory Crinum coking coal mine from BMA for $100 million and has brought it back online as Sojitz Gregory.
Sojitz Coal Mining managing director and chief executive officer Cameron Vorias said it had achieved its first two export shipments out of Gladstone over the past month.
“(The operation) is going fine. The washplant has come up quite nicely and we have the full complement of overburden and coal mining kit all in place. It’s just a matter of consolidating now,” he said.
While the drop in metallurgical coal prices was a concern, he said everything else was going to plan regarding the restart and ramp-up to full production.
Plans to build a 105km underground pipeline from the Burdekin River to Bowen have been boosted with $5 million in federal funding for a detailed busin...