A new coal fired power station would be built in the Galilee Basin by Clive Palmer’s Waratah Coal, to protect Australia’s resource sector from high energy costs.
Waratah Coal Managing Director, Mr Nui Harris said that production of resources like aluminium, copper and nickel required substantial energy, meaning that a low cost, 24/7 base load power supply was essential to drive Queensland and Australia’s economic growth forward.
“The 1,400-megawatt ultra-supercritical power plant will push energy costs down by providing competition to lower efficiency state owned generators,” said Mr Harris
Waratah Coal Pty Ltd has taken the view that that the High Efficiency, Low Emissions (HELE) thermal plant (ultra-supercritical coal) offers the lowest cost base load, of dispatchable power.
“The Galilee Power Plant would connect to the National Energy Market (NEM) through a new high voltage feeder, which would connect to Powerlink’s system at Lillyvale and Broadsound,” he said.
Local connections to reinforce supply to the towns of Alpha and Jericho would also be explored in conjunction with Ergon Energy.
One of the driving forces behind Waratah Coal’s plan is to improve Australia’s standard of living, by ensuring that our minerals are processed in Australia cost effectively.
“Just by having affordable power for our resource sector, we are helping to generate more jobs, royalties and taxation, and that’s got to be good for Australia,” Mr Harris said.
On the 4th of December 2015, the Department of Environment and Heritage Protection assessed the Galilee Coal Project’s Environmental Management Plan as part of the application for a Level 1, Non-Code Compliant Environmental Authority for Mining Lease 70454.
Exploration and coal mine development company Waratah Coal Pty Ltd (Waratah Coal) is pleased to announce they have been advised that Mining Lease 70489 development plan has been approved by the Department of Natural Resources and Mines on 5 June 2015.
Exploration and coal mine development company Waratah Coal Pty Ltd (Waratah Coal) is pleased to announce they have been advised that Mining Lease 70454 development plan has been approved by the Department of Natural Resources and Mines on 5 June 2015.
Exploration and coal mine development company Waratah Coal Pty Ltd is pleased to announce they have been declared a Preferred Respondent for the expansion of Abbot Point coal export terminals T4-9.
The announcement by Queensland Premier Anna Bligh and North Queensland Bulk Ports Corporation (NQBP) guarantees a port site for Waratah Coal’s proposed $8 billion coal mine and infrastructure project in the Galilee Basin in Central Queensland.
Waratah Chairman Clive Palmer said the company was looking forward to working cooperatively with NQBP and other successful respondents in developing T4-9. Read more
Waratah Coal’s proposed $8 billion, Galilee Coal Project mine and infrastructure development in Central Queensland has been boosted by the federal government renewing its Major Project Facilitation (MPF) status.
Brisbane-based Waratah Coal, owned by Professor Clive Palmer, plans to build a thermal coal mine in the new Galilee Basin coal region near Alpha, west of Emerald, as part of its “Galilee Coal” project.
The mine would be linked to a new coal terminal at Abbot Point near Bowen by a new 453km standard gauge, heavy haul railway line. Read more