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Peabody extends mine life at North Goonyella coking coal mine

Peabody’s North Goonyella underground coking coal mine is set to have its mine life extended to 2026.

The extension comes with the introduction of a new mining area, North Goonyella South. It will secure the jobs of more than 230 workers, many of which live locally.

Peabody’s Australian president George Schuller commented that Australia remains “the go-to place for hard coking coal across the globe”.

Located 160km west of Mackay in Queensland, the mine produces premium quality, high-strength coking coal. It is exported to global seaborne demand centres.

Peabody also has longstanding relationships with Indian steelmakers, whose demand for metallurgical coal has increased by 22 per cent over the last 12 months. India is set to overtake China as the world’s largest importer by 2020. Read more…

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