ITOCHU has been involved in the coal industry in Australia for about 50 years, and throughout its years, ITOCHU has shifted from a coal trading company to an investment and trading company. ITCOHU has been active in acquiring coal assets and as a result, it is now involved in 2 coal projects in Australia andone project in Indonesia.
Oaky Creek Joint Venture (QLD)
The Oaky Creek project, managed by Glencore, is located in central Queensland and produces premium hard coking coal from an underground mine. Production capacity is in the order of 6Mtpa to export markets through the Dalrymple Bay Coal Terminal and Port of Gladstone.
Maules Creek (NSW)
The Maules creek project, managed by Whitehaven Coal, is located in the Gunnedah Basin and has one of the largest coal deposits in Australia. IMEA formed a Joint Venture in May 2011. First coal was railed in December 2014, and the mine is producing 13Mtpa of premium quality coal.
PT Suprabari Mapanindo (Indonesia)
PT Suprabari Mapanindo(SMM) is a project located in Central Kalimantan, Indonesia. IMEA formed a Joint Venture with PAMA Group. Operation commenced in December 2014, producingcoking coal.