Maules Creek Coal Project is located in the heart of the Gunnedah Basin and is within close proximity of critical infrastructure. It is approximately 18km north-east of Boggabri and only 16km from the main railway line servicing the coal terminals at the Port of Newcastle, which is 360km south-east of the project.
The Maules Creek Project was fully approved in July 2013.
It is one of the last major undeveloped and significant multi-seam coal deposits in New South Wales and is expected to sustain a potential project life in excess of 30 years. It is approved to extract up to 13 Mt of coal per annum and rail 12.4 Mt of product from the site in any calendar year.
The project is one of the most significant investments currently underway in regional NSW. It expects to employ 340 full time equivalent employees and contractors in the construction phase and approximately 470 during ongoing operations.
First coal sales are expected to occur in the first quarter of calendar 2015.
Whitehaven's most recent production statistics can be found in our Quarterly Reports released to the Australian Securities Exchange. You can find the most recent Quarterly Report here.
The Maules Creek Project is considered to be one of only a few remaining Tier 1 undeveloped coal assets in Australia. It is also one of the largest coal deposits in Australia with 362Mt of recoverable reserves.
|Joint Venture Participant||Interest|