Maules Creek Coal Project is located in the heart of the Gunnedah Basin and is within close proximity of critical infrastructure. It is approximately 18km north-east of Boggabri and only 16km from the main railway line servicing the coal terminals at the Port of Newcastle, which is 360km south-east of the project.
Maules Creek's current resources are expected to support a large open cut mining operation for in excess of 30 years at an average saleable coal production rate of approximately 10.8Mtpa. Mining operations are expected to commence in the second half of calendar year 2014, with saleable production exceeding 10Mtpa from FY2016 onwards.
Whitehaven's most recent production statistics can be found in our Quarterly Reports released to the Australian Securities Exchange. You can find the most recent Quarterly Report here.
The Maules Creek Project is considered to be one of only a few remaining tier 1 undeveloped coal assets in Australia. It is also one of the largest coal deposits in Australia with 362Mt of recoverable reserves.
| Joint Venture Participant | Interest |
|---|---|
| Whitehaven | 75% |
| ITOCHU | 15% |
| J-Power | 10% |