Highlights

Dragline operating at night at Coppabella Mine

Share Price
$5.80 AUD
As at: 7:15 PM 10/10/2008
(20 Min Delay)
ASX code: MCC
Profile

Macarthur Coal Limited is a public company that listed on the Australian Stock Exchange on 1 July 2001.

 

Michael Gray, Vice President Open Cut Development and Infrastructure points out aspects of Coppabella Mine to visitorsThe Company is Queensland-based with its mining assets situated in Queensland’s Bowen Basin and its corporate headquarters located in Brisbane.

 

Macarthur Coal's principal product is low volatile pulverised coal injection coal (PCI coal) for use in the production of steel. Macarthur Coal is a key supplier of low volatile PCI coal to the steel mills of Asia, Europe and the Americas, providing approximately 44% of the low volatile PCI coal exported from Australia.

 

The Company’s major assets are Coppabella Mine and Moorvale Mine which together provide approximately 47% of the low volatile PCI coal exported from Australia.

 

Macarthur Coal has large exploration tenement holdings which provide a project pipeline for the development of new mines.

 

Macarthur Coal’s mines and exploration tenements are held within unincorporated joint ventures, a structure which has allowed the Company to gain significant strategic benefits by involving other parties in its projects.