$1b Olive Downs coal mine officially opens
Pembroke Resources’ $1b Olive Downs coal mine has officially opened in Queensland and a $1m fund has been unveiled. Located in the coal-rich Bowen Basin, Olive Downs includes major infrastructure including a coal handling and preparation plant, rail spur, train load-out facility, coal conveyor, stockpiles, electrical transmission lines, water pipeline and access roads. More than 700 people were employed during construction of the project and an operational workforce is expected to peak at 1000 during production. Pembroke Resources chairman and chief executive Barry Tudor says the company is thrilled to have reached this milestone. “We’re thrilled to have achieved this significant milestone at the world’s newest steelmaking coal mine,” he said. “Our strategy remains centred on collaborating with stakeholders to…