Foxleigh coal mine
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The Foxleigh Coal Mine is a
coal mine Coal mining is the process of extracting coal from the ground. Coal is valued for its energy content and since the 1880s has been widely used to generate electricity. Steel and cement industries use coal as a fuel for extraction of iron from ...
in Mackenzie River,
Isaac Region The Isaac Region is a local government area located in Central Queensland, Queensland, Australia created in March 2008 as a result of the report of the Local Government Reform Commission released in July 2007. History Yagalingu is an Austra ...
,
Queensland ) , nickname = Sunshine State , image_map = Queensland in Australia.svg , map_caption = Location of Queensland in Australia , subdivision_type = Country , subdivision_name = Australia , established_title = Before federation , establishe ...
, Australia. It is within the
Bowen Basin The Bowen Basin contains the largest coal reserves in Australia. This major coal-producing region contains one of the world's largest deposits of bituminous coal. The Basin contains much of the known Permian coal resources in Queensland includ ...
coal reserves of
Central Queensland Central Queensland is an ambiguous geographical division of Queensland ( a state in Australia) that centres on the eastern coast, around the Tropic of Capricorn. Its major regional centre is Rockhampton. The region extends from the Capricorn Coas ...
. The mine has coal reserves amounting to 102 million tonnes of
coking coal Metallurgical coal or coking coal is a grade of coal that can be used to produce good-quality coke. Coke is an essential fuel and reactant in the blast furnace process for primary steelmaking. The demand for metallurgical coal is highly coupled ...
, one of the largest coal reserves in
Asia Asia (, ) is one of the world's most notable geographical regions, which is either considered a continent in its own right or a subcontinent of Eurasia, which shares the continental landmass of Afro-Eurasia with Africa. Asia covers an are ...
and the world. The mine has an annual production capacity of 3 million tonnes of coal. Coal extracted from the mine has a very low ash content which is rare in Australia and valued by steelmakers. The mine is owned by Middlemount South,
POSCO POSCO (formerly Pohang Iron and Steel Company) is a South Korean steel-making company headquartered in Pohang, South Korea. It had an output of of crude steel in 2015, making it the world's fourth-largest steelmaker by this measure. In 2010, i ...
and
Nippon Steel was formed in 2012 by the merger of the old Nippon Steel and Sumitomo Metal. was established in 1970 by the merger of Fuji Iron & Steel and Yawata Iron & Steel. Nippon Steel is the world's third largest steel producer by volume as of 2019. ...
. Exports leave the country via the Dalrymple Bay Coal Terminal at
Hay Point Hay is grass, legumes, or other herbaceous plants that have been cut and dried to be stored for use as animal fodder, either for large grazing animals raised as livestock, such as cattle, horses, goats, and sheep, or for smaller domesticated ...
.


History

A worker at the mine was killed on 18 December 2010, when a truck tyre exploded. Anglo American acquired a 70% stake in Foxleigh in 2007.
Nippon Steel was formed in 2012 by the merger of the old Nippon Steel and Sumitomo Metal. was established in 1970 by the merger of Fuji Iron & Steel and Yawata Iron & Steel. Nippon Steel is the world's third largest steel producer by volume as of 2019. ...
bought a 10% stake in the mine from
Itochu is a Japanese corporation based in Umeda, Kita-ku, Osaka and Aoyama, Minato, Tokyo. It is one of the largest Japanese ''sogo shosha'' (general trading companies). Among Japanese trading companies, it is distinguished by not being descend ...
in 2010. In 2016, Anglo American sold their 70% share of the Foxleigh coal mine to Middlemount South, a subsidiary of Taurus Funds Management.


See also

*
Coal in Australia Coal is mined in every state of Australia. The largest black coal resources occur in Queensland and New South Wales. About 70% of coal mined in Australia is exported, mostly to eastern Asia, and of the balance most is used in electricity gener ...
* List of mines in Australia


References

{{DEFAULTSORT:Foxleigh Coal Mine Coal mines in Queensland Mines in Central Queensland Surface mines in Australia Isaac Region Itochu