Anglo American, a global mining company, will extend Aquila metallurgical coal project's production life, which is in Queensland, by 6 years with a $240 million investment.
The company will use $200 million to longwall construction, $20 million for overland conveyor system and $20 million in civil works.
Anglo American is said to invest $5 million to introduce reverse osmosis water treatment system to better utilize recycled water and reduce the company’s reliance on fresh water at the Aquila mine.
Aquila project is expected to see first hard coking coal production via longwall technology in early 2022, said Tyler Mitchelson, chief executive of the mine.
"Aquila project is a breakthrough, aiming to set a new safety and performance standards for coal mining sector with improved technology and operation ways," Mitchelson said.
More than 90% of Aquila project's production will sell to local suppliers.
The project is a joint venture between Anglo American (70%) and Mitsui & Co (30%). The Aquila mine of Anglo American produced 3.5 million tonnes of coal per year.
(Writing by Rebecca Liu Editing by Tammy Yang)
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