Port Kembla Coal Terminal
{{#badges:CoalSwarm|Navbar-Australiacoal}} The Port Kembla Coal Terminal (PKCT) is a key coal exporting facility on Australia’s east coast, 72 km south of Sydney. It services two of the nation’s richest coal reserves, the Southern and Western coalfields of New South Wales, exporting coking and steam coal around the world. The terminal receives about 60% of its coal by rail[1] and exports approximately 10 to 11 million tons of coal per year, with a peak annual capacity of 15 million tons.[2]
Contents
Project Details
- Operator: BHP Billiton, PKCT Consortium
- Annual Capacity (Tons): 15 million
- Status: Operating
Background
Illawarra Coal, a subsidiary of BHP Billiton, operates the terminal on behalf of a consortium of several coal producers on the Southern and Western coalfields, who lease the Terminal from the New South Wales government.[3] Members of the consortium include BHP Billiton, Xstrata Coal, Centennial Coal and Peabody.[4]
In March 2012, Port Technology International reported that, due to growing demand for coal, PKCT would launch a $500 million project to expand the terminal's annual export capacity to 22.5 million tons.[5] However, as of January 2015, neither PKCT nor BHP Billiton mentions this expansion plan on its website.
The PKCT consortium holds a lease on the terminal until 2030, obtained from the New South Wales government-owned Port Kembla port authority. In October 2012, the New South Wales government made moves to privatize Port Kembla, soliciting bids for a 99-year lease on the port, but noting that the coal terminal would be excluded from the sale. In April 2013, the lease was sold for A$760 million to NSW Ports, a consortium of Australian and Abu Dhabi-based investors.[6][7] In 2014 NSW Ports announced plans to greatly expand Port Kembla's outer harbor to allow larger ships, including Cape size and Super-Post Panamax vessels to enter the harbor.[8]
Contact details
Port Kembla Road,
Inner Harbour
Wollongong NSW 2500
PO Box 823
Wollongong NSW 2520
Phone: 02 4228 0288
Email: info AT pkct.com.au
Website: http://www.pkct.com.au/index.html
Articles and resources
References
- ↑ "About PKCT" Port Kembla Coal Terminal Website, accessed January 2015.
- ↑ Port Kembla Port Corporation, "Port Kembla", Australian Business Journal website, accessed January 2015.
- ↑ "Coal: Assets: Illawarra Coal, Australia", BHP Billiton website, accessed January 2015.
- ↑ Port Kembla Coal Terminal, "Shareholders", Port Kembla Coal Terminal website, accessed January 2015.
- ↑ "Port Kembla Coal Terminal set for $500 million expansion", Port Technology, March 1, 2012.
- ↑ "Australian coal port Kembla put up for sale", Argus Media, October 3, 2012.
- ↑ "Australia's Port Kembla coal terminal gains new landlord in $5.3 bil NSW ports privatization", Platts, April 12, 2013.
- ↑ "Port Kembla expansion to boost Illawarra jobs, economy", Illawarra Mercury, April 4, 2014.