Bulga Coal Pty Limited is a

coal Coal is a combustible black or brownish-black sedimentary rock, formed as rock strata called coal seams. Coal is mostly carbon with variable amounts of other elements, chiefly hydrogen, sulfur, oxygen, and nitrogen. Coal is formed when dea ...

-mining company based in

Singleton, New South Wales Singleton is a town on the banks of the Hunter River in New South Wales, Australia. Singleton is 197 km (89 mi) north-north-west of Sydney Sydney ( ) is the capital city of the state of New South Wales, and the most populous city ...

, Australia. The company operates two mines Bulga Surface Operations and Beltana Longwall Mining which form the Bulga Coal Complex. The company is a joint venture between Oakbridge Pty Ltd and Nippon Oil Australia Pty Ltd. Bulga Coal currently produces approx 16 million tonnes of coal per year

Company Ownership

Bulga Coal is a joint venture between Oakbridge Pty Limited and Nippon Oil Australia Pty Limited. Oakbridge Pty Ltd, previously an Australia Public Company listed on the ASX, is currently majority owned by global mining giant

Glencore Glencore plc is a Swiss multinational commodity trading and mining company with headquarters in Baar, Switzerland. Glencore's oil and gas head office is in London and its registered office is in Saint Helier, Jersey. The current company was c ...

(through its subsidiary Enex Oakbridge Pty Ltd), with a 78% stake hold, with the other stakeholders being Toyota Tsusho Corporation (through Tomen Corporation), JFE SHOJI Trade Corporation, putting the total stake of Glencore in Bulga Coal Pty Ltd at 68.25%

Links to Glencore

The mine is managed by Glencore Coal Assets, Australia The Bulga Coal complex site is also the headquarters of Glencore Coal NSW (Xstrata Coal's largest operating division) as part of the mine site.

History

The Bulga Coal Complex was originally started by BHP Limited as the Saxonvale Mine in 1982. It was later brought by Elders Resources in 1988, and then sold to Oakbridge Limited in 1989. Shortly after Oakbridge Limited purchased the complex, Japan's Nippon Oil bought part of the mine and renamed it Bulga Coal.

(through Enex Resources Limited) bought a stake in the mine 2000. Glencore's stake was purchased by Xstrata plc when it floated on the LSE.

References

{{Reflist, 30em Coal companies of Australia Coal mining in New South Wales Xstrata Singleton Council Energy companies established in 1982 Non-renewable resource companies established in 1982 1982 establishments in Australia