Press Release: Olive Downs Coking Coal Complex will be one of the biggest metallurgical coal mines in the world when operational in just a few short years.
With a high-quality coking coal product, designated as a “co-ordinated project” a planned capacity of 15Mtpa, a low cost of production and a long-term mine plan spanning more than fifty years, Olive Downs is not your garden-variety coal mine.
For contractors and suppliers used to dealing with multinational companies and the associated layers of management, it came as a refreshing surprise to learn that Pembroke Resources is a relatively small company fully funded through to production, with the ability to make decisions quickly.
However, Blair Richardson, Pembroke’s General Manager, warns that potential suppliers shouldn’t underestimate the scope and scale of Olive Downs.
“Pembroke is an extremely agile company and pushing through our approvals in a relatively short as possible timeframe shows how serious we are. The major reason for us presenting with the Bowen Basin Mining Club was to directly give suppliers an idea of the project’s scope and scale, as those who want to participate need to understand our timeline – which is first coal by Q3 2020.”
Mr Richardson also outlined a very encouraging supplier engagement strategy and project contact pathway, where registered suppliers are put directly forward to the relevant package managers when services or products come up for tender.
He says the Queensland mining industry is heading into a new phase, with Olive Downs just one of a series of new projects kicking off at the moment.