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Pembroke Resources

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Pembroke Resources

Overview

Pembroke Resources is an Australian company that owns the Olive Downs Complex, a large-scale world-class steelmaking coal mine located in the Bowen Basin of Queensland. Over $1 billion has been invested in the Complex and operations commenced in June 2023. The Olive Downs Complex has been built to be a mine of the future, with fully autonomous haulage and drilling implemented from day one, enabling an efficient ramp up to the Stage 1 production level of 6 million tonnes per annum. It is also setting new standards in embedded ESG practices. Based in the Bowen Basin of Queensland, the world's preeminent steel making coal region, the mine operates in a well-established coking coal area with access to existing infrastructure for power, water and rail. A construction workforce of over 500 people is in the final stages of constructing the project. At full development, the Project will have an operational workforce of approximately 1,000 people. In addition to employment and its contribution to the local economy, the steelmaking coal project is also expected to generate around $5.5 billion in royalties for the Queensland Government over the life of the mine. Pembroke provides workers with an opportunity to live in towns near the mine including Moranbah and Dysart and is fully committed to building sustainable futures for people in the communities in which Olive Downs operates. Beyond the new jobs at the mine, there will also be significant opportunities for local and regional suppliers, contractors, service providers and businesses. The Project delivers high quality metallurgical coal of up to 14 million tonnes per annum for more than 70 years. Instagram: https://instagram.com/pembroke_resources?igshid=OGQ5ZDc2ODk2ZA==

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