Millennium Mine
{{#badges: CoalSwarm|Navbar-Australiacoal}} Millennium Mine is a surface mine in Queensland's Bowen Basin, Australia, owned by Peabody Energy. Peabody finished purchasing the remaining 15.4% share of the Millennium Mine in 2008 from the former minority shareholders for $110.1 million. Peabody began operations in 2007, and manage the mine utilizing a contract miner. During 2008, the Millennium Mine sold 1.3 million tons of metallurgical coal through the Dalrymple Bay Coal Terminal, primarily to customers in India.[1]
According to Peabody's website, coal from Millennium possesses a higher percentage of vitrinite, a mineral which contributes to a higher quality steel. Peabody is ramping up to produce up to 3 million tons of low-ash coking and low- to mid-volatile PCI (pulverized coal injection) product by 2010. The Millennium Preparation Plant can create sized coals within plus or minus 20 millimeters for niche international markets.[2]
Mine Data
- Owner: Peabody Energy
- Parent company: Peabody Energy
- Location: Queensland's Bowen Basin, Australia
- GPS coordinates:
- Production: 1.3 million tons (2008)
- Type of coal: Metallurgical
- Mine type: Surface
- Equipment: Truck, shovel
- Number of employees:
- Recoverable Reserves: 22 million tons
Articles and resources
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References
- ↑ "Peabody Annual Report 10K through December 31, 2008" Edgar Online, Filed February 27, 2009
- ↑ "Queensland Operations" Peabody Energy Website, October 2009
