Stanmore Resources has enlisted EPSA Pacific as the statutory coal mining operator at the Isaac Plains Complex, for a five-year term worth $564 million.
The open-cut mining services agreement will allow the Isaac Downs mine to commence full production, while Stanmore will begin an owner-operator model at the coal handling and preparation plant (CHPP).
Isaac Downs produces metallurgical coal near Moranbah, Queensland, and is expected to produce up to 35 million tonnes of run of mine (ROM) coal over 16 years.
Isaac Downs was approved for construction and operation in July 2021, at a rate of 2.5 million tonnes per annum over 10 years.
At the time of approval, Resources Minister Scott Stewart said jobs and the economy would be boosted strongly by the mine.
“This project will mean mining jobs for another 10 years, including for the 300 mine workers currently at Isaac Plains, as well as jobs completing rehabilitation in the Isaac Plains East area until 2025,” Stewart said.
EPSA Pacific is a subsidiary of Spanish company EPSA Group – a mining, civil and earthmoving business with a workforce of over 3000 people.
Stanmore’s recognised the efforts of its previous coal mining operator, Golding Contractors (an NRW Holdings subsidiary), as it makes room for its replacement in EPSA.
“Stanmore acknowledges and thanks Golding, the current CMO under the existing mining services agreement, for their services and successful partnership over the duration of that mining services agreement,” Stanmore stated.
“A termination notice in respect of the Mining Services Agreement has been given to Golding and a carefully managed transition plan will be implemented to ensure business continuity and the minimisation of any disruption.”
In replacing Golding, EPSA will deliver brand new equipment and its own management team to operate and maintain the mine from the second quarter of 2022.