Australia-based company Pembroke Resources has announced that it has commenced the mining operations at the Olive Downs coking coal project in Queensland.
When in full scale production, Olive Downs will be one of Australia's largest producers of coking coal and will create more than 1,000 jobs.
The first shipments of high-quality coking coal from Olive Downs are scheduled to be exported in early 2024.
Initially, Olive Downs is expected to operate at 4.5 million mt per year, expanding its annual capacity to 15 million mt, with low-cost production and a long mine life estimated at 80 years, as SteelOrbis previously reported.
