Privately owned Australian resources logistics company, Bis, says it has had a “big start to 2022” after adding a new central Queensland metallurgical coal haulage contract with fast-growing Stanmore Resources at the new Isaac Downs mine near Moranbah.
Bis says the multi-year contract award, after a competitive tender process, will see it deliver load and haul services between the Isaac Downs mine and a nearby coal preparation plant.
The company has existing contracts in the Bowen Basin with Anglo American and Glencore and recently inked a new haulage deal with Anglo at its Capcoal operations near Middlemount.
Isaac Downs is part of the Isaac Plains complex Stanmore acquired in 2015. The opencut metallurgical coal mine is expected to produce about 35 million tonnes of run-of-mine coal over at least 16 years of life.
Stanmore announced this month the completion of a deal with BHP to buy the mining giant’s 80% stake in the South Walker Creek and Poitrel operations, and Wards Well project, for up to US$1.35 billion. The assets expand its presence around Moranbah, south-west of Mackay and its major international coal export terminals.
Bis CEO Brad Rogers said the company developed a bespoke haulage solution for Stanmore. Mobilisation had commenced.
“This contract comes at an exciting time for Bis as we cement our presence in key markets and maintain our unwavering focus on delivering value every day for our customers,” Rogers said.
