CAPITAL MARKETS

Bowen play targets organic PCI growth

WITHIN the next four to five years, newly ASX listed coal producer Macarthur Coal and its joint venture partners hope to more than double their annual output of low-volatile, pulverised coal injection (PCI) product to about 10 million tonnes from Queensland’s Bowen Basin.

MiningNews.Net

At the moment, Brisbane-based Macarthur Coal produces a total of 4Mt per annum from its 45%-owned Coppabella coal mine, while the nearby 74.7%-owned Moorvale project is earmarked for production start-up...

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