Millennium mine restart blasts ahead
The mine was officially opened this month as the new owners work towards achieving first coking coal exports by the end of the year.
“It was a very successful, well-planned blast,” M Resources founder and president Matt Latimore said.
“We will use an excavator to load the coal, which will be transported by rail to the Dalrymple Bay Coal Terminal.”
A joint venture of M Resources and Stanmore Resources (MetRes) acquired the mothballed Mavis Downs and Millennium site from Peabody Energy in July, with M Mining acting as joint venture manager and operator of the restarted mining activities.
MetRes enlisted Coal Augering Services to kick off mining with auger production, to be followed by open-cut mining by the end of this year and underground mining in 2022.
It is investing $464 million to re-start and operate the mining complex – creating more than 230 jobs in the process.
The quick turnaround between acquiring the site and excavation beginning was a real achievement for the team, Mr Latimore said.
“We have had great support from our suppliers, subcontractors and local and state governments,” he said.
“Our next milestone is first shipment of coal in December. Cargo from the coal mine will be travelling to Europe for delivery in France. The next two cargoes will be going to Japan.
“There are massive global investments underway in infrastructure and the green energy transition.
“With construction of wind turbines, solar panels, electric vehicles and electrical grid upgrades, the world needs more steel than ever. Our premium quality coking coal for steel making is under high demand from customers in North Asian, India and Europe.
“First shipments in December will be an incredible achievement by our team.
“We’ve gone from taking possession of the mine in July to shipping quality product to our customers in less than six months."
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