Bravus Mining and Resources has announced a significant capital investment to enhance production at its Carmichael mine in central Queensland, Australia.
The expansion aims to increase output by a third to 16 million tonnes per annum (mtpa) over the next four years.
This strategic move is expected to create hundreds of new jobs and meet rising global demand for thermal coal.
Bravus chief operating officer Mick Crowe said: “Over the last three years our Carmichael mine has safely and efficiently ramped production up to more than 10mtpa, which has boosted the Queensland economy and created thousands of jobs in regional Queensland. This new investment will increase Carmichael’s output by a third and create more benefits for Queensland.
“Our investment in the infrastructure to support this growth means more contracts for local businesses and suppliers and more high-paying mining industry jobs for people living in places like Clermont, Rockhampton, Mackay, Bowen, Townsville and Cairns. It also means Carmichael will remain strategically positioned to efficiently deliver high-quality Queensland thermal coal to the global seaborne coal market at scale.”
Engineering studies and assessments have been completed, with increased production work to commence with the addition of accommodation at the Carmichael mine village.
The demand for the type of thermal coal extracted at Carmichael is growing, driven by the industrialisation of developing nations and the global surge in AI and big data.
Furthermore, Bravus has granted a A$2bn ($1.3bn) contract to MacKellar Group for mining services at the Carmichael mine. This five-year agreement is set to optimise efficiency and bolster production at the thermal coal mine.
