New Hope Corporation Limited
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New Hope Corporation Limited is an independent energy company which has open cut mines at Acland on the Darling Downs, and at Rosewood near Ipswich. The company focuses on niche marketing of its thermal coal and exports around 65 per cent of coal production to Asia Pacific markets including Japan, Korea and Chile with the remainder being consumed by customers in south-east Queensland.
The company also holds various exploration tenements in central Queensland and on the Darling Downs in southern Queensland. New Hope’s investments include a 100 per cent shareholding in Queensland Bulk Handling, a common user coal export terminal at the Port of Brisbane, and significant land holdings around Ipswich and near its mining operations at Acland.[1]
New Hope Corporation is planning the third stage of the mine at Acland, the New Acland Stage 3 Expansion Project.
New Hope Corporation Limited Annual Report 2009
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