News

Callide mine up for sale

Anglo has announced it is selling Callide Mine near Biloela.
Anglo has announced it is selling Callide Mine near Biloela.

CALLIDE mine is up for sale, with owners Anglo America stating the mine near Biloela no longer fits the company’s growth strategy.

Chief Executive Officer of Anglo American’s Metallurgical Coal business, Seamus

French today announced the company had commenced a divestment process for the thermal coal mine.

Mr French said Anglo American’s Metallurgical Coal business unit’s strategy was focused on growing its metallurgical coal business.

“Callide mine is a thermal coal operation primarily supplying domestic power stations in Biloela and Gladstone,” Mr French said.

“The Callide mine does not align with our growth strategy and the divestment process will lead to the sale of the operation as a going concern.

“Callide mine is a low cost coal producer with a significant resource base of more than one billion tonnes, a stable and well run operation in an established mining area and has a strong future underpinned by long term coal supply contracts.

“Anglo American sees an exciting opportunity for investors to expand the Callide business,” Mr French said.

“The process will be undertaken with care and respect for our employees and all other stakeholders with our priority during this period being the safety of our employees and stability of the operation,” Mr French said.

“Anglo American will work closely with Government, its customers, suppliers and the local community to ensure they are consulted throughout this process,” Mr French said.

Member for Flynn, Ken O’Dowd has requested an urgent meeting with Anglo management.

“Anglo has said they wish to focus on expanding their metallurgical coal business and that thermal coal did not align with the company’s current strategy.

I need to know what this decision means to the workers and the community of Biloela and district,” Mr O’Dowd said.

“We’ve seen it all before, these companies come to town with all the hoop-la and hype and when they see a ‘better’ opportunity they move on.

This should sound a warning bell to the State Government in their dealings with the LNG Industry,” he said.

“Governments and local councils should be demanding that these companies commit to social infrastructure before they are granted their valuable operating licences, because when they are finished they will pack up and move on, with little consideration for the communities that have bent over backwards to accommodate them.

“I need to know from Anglo just how committed they are to Central Queensland and who they might be considering as a prospective purchaser of these assets.

“I don’t like the sound of it and I need to be reassured that the Callide mine has a strong and viable future.”  Mr O’Dowd said   

Read Friday's Central Telegraph for the latest update.


Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

Biloela Cockatoos one game away from home grand final

WINNERS: Biloela Cockatoos celebrate.

Cockatoos to face Frenchville for grand final berth.

Vikings still in the running as Roosters loom large

The Vikings' Harry Phillips crosses the line after a spectacular individual effort to take the score to 16-14 in the final three minutes.  Photo Andrew Thorpe / Central Telegraph

Dawson Valley's freshman side is one game away from the grand final.

Coal & Country Festival a rollicking ride

ON A QUEST: (From left) Moura Coal & Country Festival Ball 2016 entrants Rachael Briggs (Fundraiser of the Year), Elly Fiedler, Sophie Bolger (Entrant of the Year) and Jessica Lancini.

Moura festival brings town to life for week of fun.

Latest deals and offers

Biloela's ice addiction: Experts say local drug use rampant

BILOELA is facing a worsening drug problem, especially when it comes to the methamphetamine known as ice, according to professionals who interact with addicts.

Biloela Cockatoos one game away from home grand final

WINNERS: Biloela Cockatoos celebrate.

Cockatoos to face Frenchville for grand final berth.

Vikings still in the running as Roosters loom large

The Vikings' Harry Phillips crosses the line after a spectacular individual effort to take the score to 16-14 in the final three minutes.  Photo Andrew Thorpe / Central Telegraph

Dawson Valley's freshman side is one game away from the grand final.

Coal & Country Festival a rollicking ride

ON A QUEST: (From left) Moura Coal & Country Festival Ball 2016 entrants Rachael Briggs (Fundraiser of the Year), Elly Fiedler, Sophie Bolger (Entrant of the Year) and Jessica Lancini.

Moura festival brings town to life for week of fun.

CQ hairdressers targeted in crackdown on under paid staff

Hairdressing businesses were a key area of the CQ audit into staff pay and conditions.

Inspectors audit hundreds of businesses, recover $110,000 in wages

Business in trouble as workers owed $110K

Photo: David Nielsen / The Queensland Times

Audit on CQ businesses found some weren't paying workers fairly.

Die-hard fan's 34 magic Gympie Muster years

STICK AROUND FOR A BEER: Mal Williams has been at every Gympie Muster for 34 years.

Mal Williams has only missed one Muster in 35 years - the first one

Maryborough couple's wedding turned in a viral nasty joke

UNHAPPY: Maryborough couple Emma and Steven Dilliway who star on Australia's Cheapest Wedding and are not happy with the outcome.

Reality television helped turn this wedding into an internet joke

John Krasinski has better sex now he's in good shape

John Krasinski says there's at least one good reason to get jacked

Kanye West gets 'free reign' at VMAs

Kanye West has been let off the leash for the VMAs

Robbie Williams sings at manager's funeral

Robbie Williams and Lamar sang at the funeral of their manager

Twice as much Troy will please country music lovers

CATCH HIM WHILE YOU CAN: Singer Troy Cassar-Daley plans to take some time off to spend with family next year.

TROY Cassar-Daley is releasing a new album and book.

Courtney Stodden gets Reborn Doll

Courtney Stodden is trying to get over her recent miscarriage

REVEALED: Pat Rafter's $18m Coast house on the market

Check out the photos of the Coast's most expensive property for sale

The "correction we had to have" in Gladstone's rentals

UPWARD MARCH: The rental vacancy rate in Gladstone has improved for the first time in more than a year, providing a confidence boost in the market.

Vacancy rates improve with signs that things are getting betterF

ISLAND FOR SALE: Cheap Fraser Coast island drops price again

Suna Island in the Great Sandy Strait will be auctioned by Ray White Hervey Bay on Saturday morning.

This is the cheapest island you will find for sale in Australia

How a family home can fit on a 250sq m block

This is what you can build on 250m2.

Here's the floor plan of a home built on 250sq m

$100m plan for Curtis Island 'world class' luxury resort

$100 million resort: Top views at Turtle Street at Curtis Island.

"At the moment we think it meets all the town planning approvals.”

Noosa mayor on "red alert" over planning court decision

Mayor Tony Wellington hands down his first budget.

Mayor upset at lack of say about look and feel of Noosa