Carmichael (Underground) is one of several large projects being proposed in Queensland's Galilee Basin. No coal from this basin has been produced on a commercial scale. The coal tenements are located approximately 160 kilometres north-west of the town of Clermont. Carmichael's coal resources lie within Exploration Permit for Coal (EPC) 1690 and Mining Lease Applications (MLA) 70441, 70505 and 70506 have been submitted for the project.
Affected by the global economy, shale gas and emission targets, the coal industry has encountered a number of challenges and uncertainties. Factors such as overcapacity, weakening demand and falling prices have resulted in a period of price deflation, with individual companies forced to consolidate and rationalise non-core assets.
This Coal Mine report includes detailed analyses of the location, ownership, reserves, geology, production, infrastructure, capital and operating costs of this mine.
It provides a comprehensive snapshot of the key issues and challenges impacting this mine and helps businesses who are looking to invest in assets, source coal or expand their business within the coal sector.
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Asset report | May 2017
Carmichael (Underground) coal mine
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