Massive Qld coal projects in planning

9th February 2010

Xstrata is examining a long-term mining plan for its Wandoan thermal coal deposits on the Darling Downs. The $6 billion Wandoan project, still at the feasibility stage, is dependent on development of the $4 billion Wiggins Island coal terminal in Gladstone and a rail line linking Surat Basin coalfields to the port. In the Galilee Basin, Queensland businessman Clive Palmer is planning his 30-million-tonne China First project, with railway to Abbot Point near Bowen, where two coal loading berths would be needed. China First's neighbour, Kevin's Corner - owned by Hancock Prospecting - has a similar proposal on the boil.