Optimising our portfolio of existing operations is an important part of our strategy, ensuring that we can deliver strong and stable returns to our shareholders.

Isaac Plains Complex

Stanmore Resources owns and operates the Isaac Plains Complex in Queensland’s prime Bowen Basin region. The Complex comprises the Isaac Plains Mine and processing facilities, the adjoining Isaac Plains East and Isaac Downs mining areas, and the Isaac Plains Underground development project.

Stanmore Resources acquired Isaac Plains in November 2015, after the operation was placed in care and maintenance in late 2014 by the previous owners.

Mining recommenced at the Isaac Plains Mine in January 2016 and transitioned to the operations at Isaac Plains East from July 2018 through to January 2019. Most mining operations now occur at Isaac Downs.

Isaac Downs was approved for construction and operation in July 2021, and is expected to produce up to approximately 35Mt of ROM coal over 16 years.

Overview

Location
7km east of Moranbah

Coal type
Metallurgical coal

Mining method
Open-cut, dragline

Export route
Dalrymple Bay Coal Terminal

Rail line
Goonyella Branch

South Walker Creek

South Walker Creek is an open-cut mine located 35 kilometres west of Nebo in Queensland’s Bowen Basin.

The mine has been operating since 1996 and adopts a multi-bench, open-cut mining method utilising a dragline, and truck and hydraulic excavators.

With a mine life of 25-plus years, South Walker Creek produced 4.9Mt of high-quality low volatile PCI coal in FY21. South Walker Creek PCI is one of the highest performing PCI products in a steel blast furnace given its low volatility matter.   

Stanmore Resources acquired BHP’s 80% interest in BMC in May 2022, becoming the operator of South Walker Creek. 

Overview

Location
35km west of Nebo

Coal type
Metallurgical coal

Mining method
Open-cut, dragline and truck/excavator

Export route
Dalrymple Bay Coal Terminal

Rail line
Goonyella Branch

Poitrel

Poitrel is an established and successful open-cut coal mine located 35 kilometres east of Moranbah in Queensland. The mine produced first coal in 2006 and has access to high-quality infrastructure, producing a mix of hard coking coal (HCC) and pulverised coal injection (PCI) coals for export to overseas customers, including in Asia and Europe. 

Poitrel has a mine life in excess of 10 years, and in FY21 produced 3.9Mt of coals, comprising approximately 65% HCC and 35% PCI.

Stanmore Resources acquired BHP’s 80% interest in BMC in May 2022, becoming the operator of Poitrel. 

Overview

Location
35km east of Moranbah

Coal type
Metallurgical coal

Mining method
Open-cut, dragline and truck/excavator

Export route
North Queensland Export Terminal, Abbot Point

Rail line
Norwich Park line

Millennium Complex

Full ownership of the Millennium and Mavis mines (hereafter referred to as the ‘Millennium Complex’) transferred to Stanmore in December 2023.

Stanmore and M Resources owned the Millennium Complex in a 50/50 joint venture, after acquiring the asset from Peabody Energy Australia in July 2021 under care and maintenance. Since the reopening of the complex, operations restarted with open cut and auger mining, and are currently focused on the ramp up of the Mavis underground.

The project is adjacent to Poitrel and shares access to Red Mountain coal handling and preparation plant, and coal loading and transport infrastructure.

Overview

Location
20km south-east of Moranbah

Coal type
Metallurgical coal (hard coking and PCI coals)

Mining method
Open-cut and auger operation, truck/excavator

Export route
Dalrymple Bay Coal Terminal

Rail line
TBC