Dudgeon Point Coal Terminal
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The Dudgeon Point Coal Terminal was a proposed coal export project by the North Queensland Bulk Ports Corporation (NQBP) in Dudgeon Point, Queensland, Australia. The project would consist of two new coal export terminals with a proposed annual capacity of 180 million tonnes. Construction was slated to commence in 2013 and the first shipments made in 2016.[1][2]
Sponsor North Queensland Bulk Ports cancelled plans for the US$10 billion terminals in June 2014, in the wake of a downturn in the coal market.[3]
Contents
Location
Dudgeon Point is located approximately six kilometers north of the existing Hay Point Coal Terminal and Dalrymple Bay Coal Terminal and is within the area designated as the Port of Hay Point.
Project Details
- Sponsor: North Queensland Bulk Ports Corporation Ltd, Adani Mining Pty Ltd, DBCT Management
- Location: Dudgeon Point, Port of Hay Point, Queensland, Australia
- Annual Proposed Capacity (Tonnes): 180 million
- Status: Cancelled (2014)
- Projected in service:
- Type: Exports
- Coal sources:
- Cost:
- Financing:
Background
In July 2010 the North Queensland Bulk Ports Corporation (NQBP) announced that DBCT Management, which leases the adjacent Dalrymple Bay Coal Terminal and the Adani Group had been selected as the "preferred proponents" for a new coal export terminal at Dudgeon Point.[4]
The North Queensland Bulk Ports Corporation stated that "the next step is for NQBP, DBCT Management and the Adani Group to prepare a master plan for coal export infrastructure at Dudgeon Point to assist the State and NQBP to evaluate options for meeting development demands. The master plan will assist in the potential allocation of land to each of the preferred proponents for the construction of coal export infrastructure with the balance of land retained by NQBP for future development. This Report can be found here.
In late October 2011 the Deputy Premier, Treasurer and Minister for State Development and Trade, Andrew Fraser, announced that the Dudgeon Point Coal Terminal have been declared a 'significant project' by the Coordinator-General. "The proposed DPCT", he gushed, "would involve the development of two new coal terminals with a combined export capacity of 180 million tonnes per year – almost exactly the amount of coal exported out of the entire state in 2009-10. This massive project is potentially worth $10 - $12 billion in investment, which stands to deliver another 5000 construction jobs." Despite his enthusiastic endorsement of the project, Fraser insisted that it didn't mean that the project would "get a rails run."[5]
In June 2013, a spokesperson for NQBP announced that the project would be delayed by one to two years due to waning global demand for coal.[6] A year later, as coal prices slid to five-year lows and a June 2014 deadline approached for submitting its application for environmental approval, the project was officially cancelled.[7]
Website resources
Department of State Development, Infrastructure and Planning page: http://www.dsdip.qld.gov.au/assessments-and-approvals/dudgeon-point-coal-terminals-project.html
Local Community Resistance "Citizens Concerned about Dudgeon Point": http://www.dudgeonpoint.org/
Articles and resources
References
- ↑ Stanmore Coal, "Agreement for 12Mt Port Capacity at Dudgeon Point Coal Terminal", Media Release, September 6, 2011.
- ↑ NQBP, "Dudgeon Point Coal Terminals Project", Website, October 3, 2012.
- ↑ "Dudgeon Point Coal Terminals Project", Queensland Government Department of State Development, Infrastructure and Planning, accessed January 2015.
- ↑ North Queensland Bulk Ports Corporation, "Preferred Proponents Announced for Dudgeon Point", Media Release, July 9, 2010.
- ↑ Andrew Fraser, "Two major projects declared ‘significant’ by Coordinator-General", Media Release, October 27, 2011.
- ↑ "Australia's Dudgeon Point coal terminal project delayed on global demand", Platts, June 26, 2013.
- ↑ "Australian $10 bln coal-port expansion put on ice due to weak demand", Reuters, June 20, 2014.
