Cardiff Borehole coal project

The Cardiff Borehole project is located in the Newcastle Coalfield of New South Wales about 20 kilometres south-west of Newcastle and 17 kilometres by rail to the port of Newcastle. On its website Xstrata Coal states that "the Cardiff Borehole has indicated resources of 12.4 million tonnes and inferred resources of 22 million tonnes of coal."

Ownership
On its website Xstrata Coal states that "Cardiff Borehole is part of the Macquarie Coal Joint Venture which is 80% owned by Oceanic Coal Australia Ltd (OCAL), a wholly owned subsidiary of Xstrata. The other Joint Venture participants are Marubeni Coal Pty Ltd (17%) and JFE Mineral (Australia) Pty Ltd (3%)."

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