Gujarat NRE Coke Ltd has announced the following Press Release:
The New South Wales (Australia) Minister for Energy Mr. Ian Macdonald on April 28, 2008 officially opened the Gujarat NRE Groups latest Australian mine, NRE Wongawilli Colliery, south west of Wollongong on Australias south east coast.
Gujarat NREs $50 million acquisition of the West Dapto mine, previously known as Elouera Mine and owned by BHP Billiton, had been operating under care and maintenance since last year.
Gujarat NRE Minerals Ltd., Australia now plans to spend a further $65 million over the next two years to bring the NRE Wongawilli Colliery to full production and hopes to ramp up production to around 2.5 million tonnes per annum by 2011/12.
The parent Company, Gujarat NRE Coke Ltd, is Indias largest independent coke producer and the only listed Company in the domain.
The Chairman of Gujarat NRE Minerals Ltd, Mr. Arun Kumar Jegatramka, said his Company originally planned to re-open the neighboring NRE Avondale Colliery, which it purchased in mid-2005.
However, after our acquisition late last year of Elouera Colliery it was decided to consolidate both the mines as one, which we now know as NRE Wongawilli Colliery, he said.
Ownership of the mine has given the Gujarat NRE group ready infrastructure, in particular mining equipment and railway access to Port Kembla.
The Minister Mr. Macdonald in opening the mine on April 28, 2008 praised the Indian Companys investment in Australia and Spoke of the long term need for coal mining in Australia.
Hard coking coal is experiencing an increase in global demand and the Southern Coalfields is the only NSW source of this variety, so the area is set to reap the social and economic benefits of being home to a booming industry, Mr. Macdonald said.
The export of our States high quality coal is forecast to continue to grow, and the Government is working with industry to ensure global demand can be met.
Mr. Macdonald presented Mr. Jagatramka a Sydney Ambassadors Certificate at the ceremony at the colliery, which was attended by more than 150 business and industry leaders.
Also attending the official opening ceremony were the High Commissioner of India, Her
Excellency Mrs. Sujatha Singh, the Consul General of India, Mr. Sujan Chinoy, and former
NSW Premier, the Hon. Neville Wran.
The Indian Companys Illawarra operations now provide work for more than 350 employees and contractors at NRE Wongawilli and its sister mine, NRE No 1, at Russell Vale, north of Wollongong, which was purchased by the Gujarat NRE Group in December 2004.
The Company has adopted environment friendly technology and has strong employee participation, with the majority of employees owning shares in the Company.
The next shipment through Port Kembla Coal Terminal in early May 2008 will be significant as it will include the first shipment of coal from NRE Wongawilli
The New South Wales (Australia) Minister for Energy Mr. Ian Macdonald on April 28, 2008 officially opened the Gujarat NRE Groups latest Australian mine, NRE Wongawilli Colliery, south west of Wollongong on Australias south east coast.
Gujarat NREs $50 million acquisition of the West Dapto mine, previously known as Elouera Mine and owned by BHP Billiton, had been operating under care and maintenance since last year.
Gujarat NRE Minerals Ltd., Australia now plans to spend a further $65 million over the next two years to bring the NRE Wongawilli Colliery to full production and hopes to ramp up production to around 2.5 million tonnes per annum by 2011/12.
The parent Company, Gujarat NRE Coke Ltd, is Indias largest independent coke producer and the only listed Company in the domain.
The Chairman of Gujarat NRE Minerals Ltd, Mr. Arun Kumar Jegatramka, said his Company originally planned to re-open the neighboring NRE Avondale Colliery, which it purchased in mid-2005.
However, after our acquisition late last year of Elouera Colliery it was decided to consolidate both the mines as one, which we now know as NRE Wongawilli Colliery, he said.
Ownership of the mine has given the Gujarat NRE group ready infrastructure, in particular mining equipment and railway access to Port Kembla.
The Minister Mr. Macdonald in opening the mine on April 28, 2008 praised the Indian Companys investment in Australia and Spoke of the long term need for coal mining in Australia.
Hard coking coal is experiencing an increase in global demand and the Southern Coalfields is the only NSW source of this variety, so the area is set to reap the social and economic benefits of being home to a booming industry, Mr. Macdonald said.
The export of our States high quality coal is forecast to continue to grow, and the Government is working with industry to ensure global demand can be met.
Mr. Macdonald presented Mr. Jagatramka a Sydney Ambassadors Certificate at the ceremony at the colliery, which was attended by more than 150 business and industry leaders.
Also attending the official opening ceremony were the High Commissioner of India, Her
Excellency Mrs. Sujatha Singh, the Consul General of India, Mr. Sujan Chinoy, and former
NSW Premier, the Hon. Neville Wran.
The Indian Companys Illawarra operations now provide work for more than 350 employees and contractors at NRE Wongawilli and its sister mine, NRE No 1, at Russell Vale, north of Wollongong, which was purchased by the Gujarat NRE Group in December 2004.
The Company has adopted environment friendly technology and has strong employee participation, with the majority of employees owning shares in the Company.
The next shipment through Port Kembla Coal Terminal in early May 2008 will be significant as it will include the first shipment of coal from NRE Wongawilli
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