MACH Energy Australia owns the Mount Pleasant Operation, having signed a binding agreement to purchase the coal deposit from Rio Tinto on 26 January 2016

Mount Pleasant is located immediately adjacent to the Bengalla mine resource. It is four kilometres from the town of Muswellbrook in the Hunter Valley region of New South Wales.

The Mount Pleasant deposit is centred in the Wittingham Coal Measures of the Hunter Coalfield, which is part of a Permian coal basin known as the Sydney basin.

The Operation is approved to produce up to 10.5 million tonnes of run of mine (ROM) thermal coal for international markets. MACH intends to develop the Operation in accordance with MACH’s corporate strategy and the mine approvals in place. MACH expects first production of coal in Q1 2018.

After being washed and prepared for sale the coal will be loaded onto trains for transportation to coal terminals in Newcastle for shipping to international customers.

Due to its high quality and low impurities, the Mount Pleasant Operation is targeting clean energy coal that will be used in some of the world’s most advanced and highly efficient power plants, enabling lower global emissions and facilitating the transition to a low emissions economy.

The Mount Pleasant deposit has total marketable reserves of 474 million tonnes of thermal coal for export markets.

The Mount Pleasant Operation will be an open cut mine that will include approximately 200 employees and contractors during operation.

Coal & Allied has been engaged in regular consultation and on-going communication with stakeholders and the community with regard to the Mount Pleasant Operation.

MACH intends to continue engaging with the community following completion of the acquisition of the Mount Pleasant Operation. Through this on-going community engagement programme, MACH will work to provide positive long-term outcomes for the Hunter Valley region.