A coal producer is one step closer to hiring workers for its $1 billion development in Central Queensland’s Bowen Basin.
Pembroke Resources recently secured up to $175 million in funding for its Olive Downs Coking Coal Project, 40km southeast of Moranbah.
The federally funded loan from the Northern Australia Infrastructure Facility will help employ up to 1700 workers.
“Olive Downs will contribute between 500 to 700 jobs during construction and more than 1000 jobs once at peak production,” Pembroke Resources chairman and CEO Barry Tudor said in a public statement.
The proponent is so keen for locals in the Moranbah, Dysart and surrounding area that it is already accepting expressions of interest through its website.
“The Olive Downs workforce will be sourced from the region as a priority and not be 100 percent fly-in-fly-out. Pembroke is committed to providing jobs for local and regional communities, and will give genuine choice to employees regarding living locations,” Tudor said.
“We also look forward to partnering with many of the local and regional businesses and suppliers to the mining industry in our procurement activities.”
The project involves building an open-cut metallurgical coal mine, coal handling and preparation plant, 18km rail spur, rail loop, raw water pipeline to the Eungella Pipeline network, private access roads, electricity transmission line, wastewater and sewage treatment plants.
The operation will eventually produce up to 15 million tonnes per annum of product that will be exported to Japan, Korea and other countries throughout its 80-year lifespan.