METEOR DOWNS SOUTH MINE
Sojitz Coal Mining Pty Ltd is pleased to announce that it has entered into an arrangement with U&D Mining Industry (Australia) Pty Ltd for a joint venture, farmin agreement of the Meteor Downs South Coal Mine (MDS).
The MDS mine is located 45km southeast of the Central Queensland town of Springsure, 30km West North West of the Central Queensland town of Rolleston, and 65km northwest of Minerva.
It is intended that Sojitz Coal Mining Pty Ltd will use their expertise to build and operate the mine on behalf of the proposed Joint Venture. The development of the mine will enable SCM to acquire a 50% legal interest in Meteor Downs South Coal Mine and grow the business portfolio of Sojitz Group’s coal operating business.
SEE OUR FACEBOOK PAGE FOR MORE INFORMATION ABOUT MINERVA MINE AND UPDATES ON THE METEOR DOWNS SOUTH PROJECT