Mitsui & Co. (Australia) Ltd.
Mitsui Coal Holdings
Mitsui Coal Holdings
Mitsui Coal Holdings (MCH), established in 1982, is the holding company for Mitsui's investments in Australian coal developments.
Headquartered in Brisbane, MCH is currently involved in 14 coal projects, including exploration projects, across Queensland and New South Wales. MCH also provides technical support to the Moatize coal project - a joint venture between Mitsui and Vale S.A. in Mozambique.
MCH has 21 employees based in Brisbane.
Mitsui Coal Holdings projects
The Dawson project is a joint venture between MCH (49 per cent equity share) and Anglo American. Located in Queensland’s Bowen Basin, this open pit mine began operations in 1963 under the name Moura. Today, the mine is operated by Anglo American and exports mainly from Gladstone Port in Queensland. In 2016 Dawson produced 9.0 million tonnes of coking and thermal coal.
The Capcoal project is a joint venture between MCH (30 per cent equity share) and Anglo American. Located in Queensland’s Bowen Basin, the mine commenced open cut operations in 1981 and started underground mining in 1988. The mine is operated by Anglo American and produces more than 10 million tonnes of saleable premium hard coking, hard coking, PCI and thermal coal per annum. In 2015, the Grasstree underground operation achieved the milestone of producing 10 million tonnes of ROM in a calendar year, which is an Australian record. Exports are shipped from the Gladstone Port and Dalrymple Bay Coal Terminal in Mackay, Queensland.
The Drayton project is a joint venture among MCH (3.83 per cent equity share), Anglo American, NCE Australia, Hyundai and Daesung Australia. This thermal coal mine located in the Hunter Valley was established in 1983. The mine stopped operations in November 2016. In May 2017 Anglo American entered into a sales agreement to sell its 88.17 per cent share to Malabar Coal Limited.
The Moranbah North project is a joint venture among MCH (4.75 per cent equity share), Anglo American, NSSMC Australia, NSSMC Resources Australia, Shinsho and JFE Mineral Australia. Located in the northern part of the Bowen Basin in Central Queensland, this underground mine started operations in 1998. The mine is operated by Anglo American and produces more than 5 million tonnes of premium hard coking coal per annum, which is exported from the Dalrymple Bay Coal Terminal in Mackay, Queensland.
The Bengalla project is a joint venture among MCH (10 per cent equity share), New Hope, Wesfarmers and Taiwan Power. Located near Muswellbrook in the New South Wales Hunter Valley, this open cut mine began operations in 1999. Operated by the Bengalla Joint Venture Operating Committee, the mine produces more than 8 million tonnes of thermal coal each year, with approval for up to 15 million tonnes per annum of mined coal. Exports are shipped from the Port of Newcastle in New South Wales.
The Kestrel project is a joint venture between MCH (20 per cent equity share) and Rio Tinto. Located 40 kilometres north-east of Emerald in central Queensland, this underground mine started operations in 1992. A mine expansion completed in 2013 extended the life of the mine by 20 years and has increased production capacity to 5.7 million tonnes per annum of coking coal. Coal produced from the Kestrel mine is exported from Gladstone Port in Queensland.
Corporate social responsibility
Since 2008, MCH has sponsored a qualified Japanese teacher to teach language, history and cultural activities in local schools and community groups in Central Queensland. MCH also provides two scholarships for high-school students to take part in AFS Australia’s intercultural programs in Japan.
Every year since 2008, MCH and its employees host Japanese cultural activities at the Moura Coal and Country Festival in Central Queensland. MCH donates all money raised to Blue Care, Moura Youth Centre and Moura Historical Society - all local not-for-profit organisations that provide worthwhile and vital community services in Moura.
Contact Mitsui Coal Holdings
Location: Level 24, 480 Queen Street, Brisbane QLD 4000
Tel: (07) 3032 8875
Fax: (07) 3032 8880