With the increasing depletion and exploitation of non-renewable resources such as coal, gas, oil etc. you should evaluate the available reserves and how they can be used without destroying the environment and ecosystems. Uncontrolled mining and extraction of resources have led to the disturbances in the natural balance impacting the whole planet.
Therefore, it is important to make environment-friendly plans and devise strategies of extracting resources that do not harm the ecosystem. And that is what Kestrel aim to accomplish.
Kestrel Coal: An Overview
Kestrel Coal mine, previously known as Gordonstone mine has been operational since 1992, situated in the Bowen Basin of Central Queensland, Australia. This mine holds the largest coal reserves of coking coal in Asia and the whole world. Annually, Kestrel Coal mine can produce more than 5 million tonnes of good quality coking coal (highly in demand by the steel industry).
Currently, the mine has been in the news due to the transfer of ownership from Rio Tinto Coal Australia to Kestrel Coal Resources (a joint venture between PR Adaro energy & EMR capital) in 2018. This is a joint venture between Kestrel Coal Resources (80%) and Mitsui investments (20%).
The future of the coal industry
The reason why this detail is worth mentioning is that this change of ownership has proven to be quite fruitful for the coal industry of Australia as well as the natural wellbeing of the land. Kestrel has taken initiatives to increase the mining life of the mine up to 35 years. On top of that, they are adamant on fitting in with the landscape. The mine has taken all its major operations underground and is working on acquiring rehabilitation certificates for previously mined areas but are now restored to dryland farming conditions.
Crafting sustainable solutions
The Kestrel Coal area also covers some of the major heritage sites of Queensland such as Livyland Stand Monument. The company has established rules of sustainability, preserving of nature and environment. Mining should not destroy a land area or ecosystem. It is a resource that can be utilised without destroying other resources.
Therefore, Kestrel Coal leaves very little footprints on the ground. They are working in collaboration with the neighbourhood communities and the authorities for the welfare of people and the environment, establishing long-term relationships and sourcing out locally.
Quality remains uncompromised
On top of preserving the natural balance of the environment, Kestrel mine also aims to provide the best quality coal. The mine lies within a Permian age coal basin rich in coal reserves ranging from anthracite, bituminous,(northeast region) high-grade coking coal (central region) to low ash non-coking coal (southwestern region).
The mine is currently using longwall and continuous sector mining methods. The mining profits and cash flows have been significantly increasing since the 2013 expansion of the mine.
If you are interested in checking more details about Kestrel coal resources visit https://kestrelcoal.com/ for the best example of extraction, expansion and providence of non-renewable energy resources without destroying the land and environment. Gaining one thing should never be a loss to another!