Peabody Australia has reached a 20-year milestone at its Coppabella coal mine in central Queensland.
Coppabella produces pulverised coal injection (PCI), which is used in the national production of steel and exported to the global market. The mine sold 2.9 million tons (Mt) of coal last year.
Peabody Australia president George Schuller said, “Here at Coppabella, we’re proud to be celebrating our 20 years in operation. This not only benefits the Moranbah and Nebo regions but also the Mackay region as a whole.”
The mine has shipped over 65Mt of steel-making coal to China, Australia and Japan since it opened on November 6, 1988.
Queensland Resources Council chief executive Ian Macfarlane said, “Coppabella has exported coal to Japan, Korea and Taiwan, paying royalties to the State Government which are used to build the schools and hospitals.
“That is good news for every town and community that relies on mining – from Mount Isa to Maroochydore.”
Macfarlane underlined Peabody’s contribution to Queensland’s economy by providing 435 jobs at the Bowen Basin mine alone last year. The miner also pays around $50 million in wages and puts about $250 million a year into local businesses.
“Queensland would be an unimaginably different place without the huge scale of mining investment over the past 25 years,” Macfarlane said.
“And in the past 12 months the Queensland resources industry has added 10,000 jobs – or a new job every 40 minutes, invested $1 million every hour and exported $1 billion every week.
“Mining is what makes our state great.”