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Highlights:
Australian Pacific Coal (ASX:AQC) expands debt facility to support Dartbrook operations.
Recommissioning activities begin at the Dartbrook wash plant.
Underground mining resumes at a key thermal coal site in Hunter Valley.
Australian Pacific Coal Limited (ASX:AQC), listed on the Australian Securities Exchange (ASX), operates within the coal mining sector. The company specializes in high-energy, low-sulphur thermal coal production and has reactivated underground operations at its Dartbrook Coal Mine located in the Hunter Valley region of New South Wales. The region's established infrastructure and skilled labor pool support mining activities and logistics for coal transportation.
Facility Expansion to Support Operations
The company has announced an increase in its senior debt facility to assist the Dartbrook Joint Venture. This adjustment is designated to provide additional working capital, especially for the recommissioning of the wash plant and underground ramp-up efforts. Australian Pacific Coal is leveraging this facility enhancement to align with short-term operational funding needs, ensuring continuity in project development phases.
Dartbrook Project Overview
The Dartbrook Coal Mine, a significant project under Australian Pacific Coal, has resumed underground activities as part of its redevelopment plan. The site benefits from established mining infrastructure, and the current phase involves initiating the wash plant and preparing for coal extraction and processing. This recommissioning effort marks a critical step in reviving the mine’s output capacity.
Collaborative Support and Logistics
Vitol Asia Pte Ltd continues to support Australian Pacific Coal in financing and operational logistics. This collaboration aims to streamline coal production and transport, enabling the delivery of washed coal to domestic and international markets. Infrastructure access, including rail and port connections, further aids operational reliability and efficiency in distribution.
Regional and Strategic Positioning
The Hunter Valley, known for its extensive coal mining heritage, serves as a strategic location for Australian Pacific Coal’s operations. Dartbrook's proximity to key infrastructure hubs enhances its logistical advantage, while the workforce’s industry experience supports ongoing operational demands. These conditions contribute to the broader operational framework supporting the company's coal production focus.
