Tag: Fitzroy Australia Resources

Fitzroy Australia Resources: Bright Ideas

Fitzroy Australia Resources: Bright Ideas

All Images: Fitzroy Australia Resources. BY EMMA DAVIES FITZROY Australia Resources has managed to turn around the troubled Carborough Downs mine and has received approval to develop its Ironbark No.1 project– just in time to meet forecast growth in demand for Australian metallurgical coal. Since Fitzroy Australia Resources (Fitzroy) acquired the Carborough Downs mine in 2016, more than 2 million tonnes of coking coal has been produced and a 10-year mine life has been achieved by opening up northern reserves. The mine, formerly owned by Brazilian mining giant Vale, had encountered a number of issues since it began production– with various geological problems, rock faulting, and dangerous levels of carbon monoxide causing a force majeure in...

Ironbark mine gets approval

Ironbark mine gets approval

BY ELIZABETH FABRI FITZROY Australia Resources has received the green light from the QLD Government to develop its Ironbark No. 1 coal mine in the Bowen Basin, QLD. The 6 million tonne per annum (mtpa) underground longwall coking coal project, formerly owned by Vale and known as Ellensfield, was purchased by US-backed Fitzroy Australia Resources in November 2016. With mining leases granted, the project was now scheduled to enter production in 2020, and operate for an estimated 20 years. The project would be a “low impact development”, sharing major infrastructure with Fitzroy Australia’s nearby Carborough Downs mine. Fitzroy Australia Resources chief executive Grant Polwarth said the approval enabled it to pursue its expansion in the region, and would...