Springsure Project
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Springsure Project is a proposed coal mine in Springsure, Queensland, Australia.
Location
Table 1: Project-level location details
Mine Name | Location | Coordinates (WGS 84) |
---|---|---|
Springsure Project | Springsure, Queensland, Australia | -23.9809265, 148.0394281 (approximate) |
The map below shows the approximate location of the coal mine:
Project Details
Table 2: Project status
Status | Status Detail | Project Type | Opening Year | Closing Year |
---|---|---|---|---|
Proposed[1] | Exploration[1] | New | 2021 | – |
Table 3: Operation details
Capacity (Mtpa) | Production (Mtpa) | Year of Production | Mine Type | Mining Method | Mine Size (km2) | Mine Depth (m) | Workforce Size |
---|---|---|---|---|---|---|---|
1 | – | – | Underground | – | 34.2 | 500* | 104 |
Table 4: Coal resources and destination
Total Reserves (Mt) | Year of Total Reserves Recorded | Total Resources (Mt) | Coalfield | Coal Type | Coal Grade | Primary Consumer/ Destination |
---|---|---|---|---|---|---|
– | – | 191[1] | Bowen | Bituminous | Thermal & Met | – |
Table 5: Ownership and parent company
Owner | Parent Company | Headquarters |
---|---|---|
Springsure Mining | TerraCom Ltd [87.0%] | Australia |
Note: The above section was automatically generated and is based on data from the Global Coal Mine Tracker April 2024 release and the September supplement.
Background
The Springsure coal project is a proposed underground coal mine in Queensland, Australia.
The project intended to open in 2021 and is presumed shelved. In March 2019, Terracom acquired 87% interest in the Springsure Mining Pty Ltd, the owner of the project.
TerraCom’s wholly owned subsidiary Sierra Coal Pty Limited acquired an exploration permit from Fernlee Coal Pty Limited in January 2018. This exploration permit adjoins Springsure Mine, and "is seen as a key strategic transaction for TerraCom providing the potential to expand the Springsure Project MDL area to the East and North East. The Company is currently preparing a detailed exploration program in the South West area of the Fernlee EPC; being where Springsure Mining’s MDL borders the Fernlee EPC."[2]
According to a Terracom press release, "the integration of Springsure Mining and Fernlee should provide the necessary economics’ and scale to allow further development of these assets."[2] Although project updates are sparse, Springsure remains active on Terracom's company website.
- Sponsor: Springsure Mining Pty Ltd
- Parent Company: Terracom (87%)[2]
- Location: Located approximately 8km north of the town of Springsure on the Gregory Highway in the Springsure Region in Queensland.
- GPS Coordinates: -23.9809265, 148.0394281 (approximate)
- Status: Shelved[2]
- Production Capacity: 1.55 mtpa[3]
- Total Resource: 191 Mt[2]
- Mineable Reserves: 148 Mt[2]
- Coal type: PCI and thermal coal[3]
- Mine Size: 34.2 square kilometers[2]
- Mine Type:
- Start Year: 2021[3] (Delayed)
- Source of Financing:
Articles and Resources
Additional data
To access additional data, including an interactive map of world coal mines, a downloadable dataset, and summary data, please visit the Global Coal Mine Tracker on the Global Energy Monitor website.
References
- ↑ 1.0 1.1 1.2 (PDF) https://web.archive.org/web/20240209174624/https://announcements.asx.com.au/asxpdf/20231027/pdf/05wmdw68hxt2z0.pdf. Archived from the original (PDF) on 09 February 2024.
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(help) - ↑ 2.0 2.1 2.2 2.3 2.4 2.5 2.6 "ASX ANNOUNCEMENT: SPRINGSURE ACQUISITION," "TerraCom," March 4, 2019.
- ↑ 3.0 3.1 3.2 "Development Register: Central Highlands Region," "Central Highlands Development Corporation," December 2019.