The Aquila metallurgical coal mine is located near Middlemount in Central Queensland. Credit: Anglo American.

Anglo American has reported its first longwall shear of steelmaking metallurgical coal at the Aquila mine in Australia, during the final stages of the project construction and commissioning.

Located near Middlemount in Central Queensland, the Aquila metallurgical coal mine is being developed with a $162m (A$226m) investment.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The project would result in a seven-year extension to Anglo American’s underground operations at the Capcoal complex, where the Grasstree site recently reached the end of its mine life.

Anglo American bulk commodities CEO Themba Mkhwanazi said: “This new mine will have a total average annual saleable production of around five million tonnes of premium-quality hard coking coal and benefits from low capital intensity as we are using the existing infrastructure and systems from our adjacent operations.

“Aquila offers us highly attractive returns and margins at conservative long-term consensus prices.”

Anglo American metallurgical coal business CEO Tyler Mitchelson said that the Aquila mine makes use of the existing infrastructure at the Capcoal complex and supports around 600 jobs.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Said to be one of Australia’s most technologically advanced underground mines, the Aquila mine features two fully remote-capable longwalls.

These longwalls allow the mine to continue operations without downtime and are planned to be operated from a site-based remote operations centre.

The Capcoal complex includes Capcoal Open Cut Mine, Grasstree Mine, Aquila Mine, the Coal Handling and Preparation Plant and associated infrastructure.

Anglo American owns a 70% stake in the Aquila Mine while the remaining 30% interest is held by Mitsui.

Recently, Anglo American Platinum signed a deal to sell a 50% stake in pool-and-share agreements (PSA) related to two South African mines to Sibanye-Stillwater.