Anglo approves development of ‘technologically advanced’ Aquila coal mine

July 25, 2019, 8:25 pm | Admin

Anglo American has approved the development of the Aquila project, in central Queensland’s Bowen Basin, which will become one of the most “technologically advanced underground mines in the world”, according to the company’s Tyler Mitchelson.

With an expected capital cost of $226 million (Anglo American share), development work is expected to begin in September 2019, with first longwall production of premium quality hard coking coal in early 2022, the company said.

Aquila is an underground hard coking coal project, near Middlemount, which will extend the life of Anglo’s existing Capcoal underground operations by six years, to 2028, and continue to optimise the Capcoal complex, it says. The complex consists of the Capcoal open-pit mine, underground Grasstree operations and associated infrastructure, and is a joint venture between Anglo American (70%) and Mitsui & Co (30%).

Mitchelson, CEO of Anglo American’s Metallurgical Coal business, said Aquila was an important growth project for the business, and would provide ongoing employment opportunities for the company’s Grasstree workforce as the mine reaches its end of life.

“The Aquila project is a key part of our long-term business strategy, as we continue to optimise existing capacity in our operations,” Mitchelson said.

The mine will have a total average annual saleable production of around 5 Mt of premium quality hard coking coal, according to Mitchelson.

Aquila will also continue to adopt Anglo American’s FutureSmart Mining™ program, which applies innovative thinking and technological advances to address mining’s major operational and sustainability challenges, the company said.

Mitchelson said: “Anglo American has been at the forefront of embracing innovation to drive the next level of mine safety and performance, and our Aquila mine will be developed as one of the most technologically advanced underground mines in the world.”

One of the initiatives the company is working on as part of this is remote operation of the longwall; a process the company has trialled at some of its other Bowen Basin coal mines. The company’s “Australian-first intrinsically safe underground electronic tablets”, are also set to be a feature of the mine, according to Mitchelson.

He concluded: “The accelerating pace of technological innovation, particularly in the digitalisation, automation and artificial intelligence areas, are opening up opportunities for the mining sector to be safer, more productive and sustainable. As the largest underground coal miner in Australia, we are leveraging the innovative work already under way at our existing mine sites and scaling the development of new technologies in our operations.”

https://im-mining.com/2019/07/25/anglo-approves-development-of-technologically-advanced-aquila-coking-coal-mine/

Last modified on July 25, 2019, 8:26 pm | 629