Positive results for QLD coal

Northern Energy Corporation has increased marketable reserves at its Elimatta coal project.

Northern Energy Corporation has increased the marketable reserve base of its Elimatta coal project in Queensland by more than 50%.

Marketable reserves for the project now stand at 105.8 Mt, with proven reserves of 82.3Mt and probable reserves of 23.5Mt.

Elimatta is an open cut coal processing plant located 30km west of Wandoan in the Surat basin.

Following the resource updates, Northern Energy now expects the operation will produce 5Mtpa of low ash high volatile thermal coal for more than 20 years.

The company also expects to lodge a mining lease application over the project area to further develop the project in the coming months.

To keep up to date with Australian Mining, subscribe to our free email newsletters delivered straight to your inbox. Click here.