Name of the Project
Curragh coal mine capacity expansion.

Location
Queensland, Australia.

Project Owner/s
Coronado Global Resources.

Project Description
A new mine plan on the Curragh coal mine has demonstrated the attractive qualities of this asset and the many opportunities that Coronado has to unlock considerable value over the next five to ten years and beyond.

The mine plan envisages increasing production at Curragh to 15-million tonnes by 2023, a significant increase on the forecasted 12.9-million tonnes outlined in the prospectus.

The new mine plan includes three key phases.

Phase 1 aims to extract incremental tonnage through the integration of the Stanwell reserve area into the new mine plan, which will facilitate an optimised mine plan and sequencing at Curragh North while extending the mine life. The current installed infrastructure at Curragh will be used to support an increase in production at minimal capital investment.

In Phase 2, Coronado intends to increase the capacity and efficiency of the coal-handling preparation plants and train load-out system to accommodate the higher production rates, resulting in more tonnes being produced and sold a year. The capital investment required to increase the capacity of the two plants will primarily focus on debottlenecking the raw and clean-coal handling system, allowing for different products to be produced simultaneously, as well as on introducing an intermediate circuit to increase the plant’s efficiency and throughput rate.

Phase 3 is not incorporated into the new mine plan, but includes new growth opportunities, including openpit mining at Curragh Central and South, underground mining opportunities at Curragh and Curragh North, and further exploration and development of MDL162.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
Not stated.

Capital Expenditure
Phase 1 is expected to cost about $8.5-million and Phase 2 between $80-million and $100-million.

Planned Start/End Date
Not stated.

Latest Developments
Coronado Global has reported that legal charges have been filed in the Magistrates’ Court District of Emerald against its subsidiary, Coronado Curragh (CCPL), following a fatal incident at the Curragh mine.

The charges relate to the death of Clark Peadon in November 2021.

In a statement on November 14, 2024, Coronado acknowledged the serious nature of the incident and reiterated that the safety of its workers remained its highest priority.

While CCPL is reviewing the charges, the company has stated that, owing to the ongoing legal proceedings, it would not make further comments at this time.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
Coronado Global Resources, tel +61 7 3031 7777.