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Released December 03, 2013 | PERTH, AUSTRALIA
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Researched by Industrial Info Resources Australia (Perth, Australia)--GVK Resources Pty Limited (Secunderabad, India), through subsidiary Hancock Galilee Pty Limited (HGPL) (Brisbane, Queensland), has received environmental approval for the development of its Kevin's Corner Coal Mine and Processing Plant in Queensland, Australia. It is expected to begin construction in mid-2015, with the first coal production in 2018, subject to capital approval. The project is located approximately 34.8 miles (56 kilometres) north of Alpha, Queensland. It has a total investment value of approximately $3.83 billion (AUD$4.2 billion).
GVK Resources Pty Limited acquired full ownership of the Kevin's Corner coal project from Hancock Prospecting Pty Limited (Brisbane) in 2011. GVK also acquired 79% ownership in the closely associated Alpha Coal Project in Alpha, Queensland. Together, these two projects have the capacity to produce 62 million tons per year of coal for export. Both projects plan to use the proposed Abbot Point port and rail facilities for coal shipment.
The Kevin's Corner project consists of the construction of two aboveground, open pit mining areas, and three underground mining areas. After the ore is mined, it will be fed to the proposed coal handling and preparation plant (CHPP), which can process 6,000 tons per hour of run-of-mine (ROM) coal. At peak capacity, the preparation plant will be able to produce 30 million tons per year of export-quality thermal coal. For coal transportation purposes, an 11.2-mile (18-kilometre) rail spur is required, along with a five-mile (eight-kilometre) access road.
Due to the sheer size of the Kevin's Corner project, a permanent accommodation village also is required. The village will have a capacity for approximately 2,000 personnel. It is due to begin construction in early 2015, with completion to coincide with the construction kick-off of the main mine project.
View Plant Profile - 3007770 1081408 1058892
View Project Report - 300013436 300080889 86000932 86000958 300023379
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and nine international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
GVK Resources Pty Limited acquired full ownership of the Kevin's Corner coal project from Hancock Prospecting Pty Limited (Brisbane) in 2011. GVK also acquired 79% ownership in the closely associated Alpha Coal Project in Alpha, Queensland. Together, these two projects have the capacity to produce 62 million tons per year of coal for export. Both projects plan to use the proposed Abbot Point port and rail facilities for coal shipment.
The Kevin's Corner project consists of the construction of two aboveground, open pit mining areas, and three underground mining areas. After the ore is mined, it will be fed to the proposed coal handling and preparation plant (CHPP), which can process 6,000 tons per hour of run-of-mine (ROM) coal. At peak capacity, the preparation plant will be able to produce 30 million tons per year of export-quality thermal coal. For coal transportation purposes, an 11.2-mile (18-kilometre) rail spur is required, along with a five-mile (eight-kilometre) access road.
Due to the sheer size of the Kevin's Corner project, a permanent accommodation village also is required. The village will have a capacity for approximately 2,000 personnel. It is due to begin construction in early 2015, with completion to coincide with the construction kick-off of the main mine project.
View Plant Profile - 3007770 1081408 1058892
View Project Report - 300013436 300080889 86000932 86000958 300023379
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and nine international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
