Wesfarmers Resources

Wesfarmers Resources is a wholly owned subsidiary of Wesfarmers which owns and operates one mine in Queensland and has a major stake in another in New South Wales.

Existing coal mines
Wesfarmers Resources:


 * owns and operates the Curragh mine in Queensland’s Bowen Basin; and
 * has a 40 per cent interest in the Bengalla mine in the Hunter Valley in New South Wales.

Potential expansion
In January 2014 Wesfarmers Resources announced that it had bought a mineral development licence located between and adjacent to the Wesfarmers Resources’ Curragh and Curragh North mining leases from a subsidiary of Peabody Energy for $A70 million. Wesfarmers Resources stated that Mineral Development Licence 162 -- MDL 162 as it refers to it -- as containing 67 million tonnes of coal reserves and with a a total coal resource of 255 million tonnes.

Divestment
In late September 2011 Wesfarmers Resources announced that it had agreed to sell its Premier mine and char businesses in Western Australia to a wholly owned subsidiary of Yancoal Australia Limited (Yancoal) for $296.8 million. Yancoal Australia is a subsidiary of China-based Yanzhou Coal.

Contact details
Wesfarmers Resources Limited Level 31, Central Plaza One 345 Queen Street Brisbane 4000 Queensland Telephone: (61 7) 3031 7777 Facsimile: (61 7) 3229 7402 Website: http://www.wesresources.com.au Contact us: reception AT wesresources.com.au

Related SourceWatch articles

 * Australia and coal
 * Australian Coal Association
 * Queensland and coal
 * Western Australia and coal