EPSA clinches $564M Isaac Downs contract

EPSA clinches $564M Isaac Downs contract

The contract term can be extended for another two-years at Stanmore's discretion.

Operational Excellence

19 JANUARY 2022

Stanmore secures US625M debt facility

Debt facility a key part of Stanmore's $1.35B purchase of BMC.

Investment

10 JANUARY 2022
BMC buy to make Stanmore a 2.8Bt coal powerhouse

BMC buy to make Stanmore a 2.8Bt coal powerhouse

The acquisition provides a strong platform for further value accretive acquisitions.

Investment

13 DECEMBER 2021
Thunberg is Stanmore's best friend

Thunberg is Stanmore's best friend

Thundberg has contributed to higher coal prices which Stanmore will enjoy when it acquires BMC.

Hogsback

11 NOVEMBER 2021
BHP offloading BMC for $1.35B

BHP offloading BMC for $1.35B

BMC's assets are in close proximity to Stanmore's.

Investment

08 NOVEMBER 2021
Excavator and dragline power Stanmore's production

Excavator and dragline power Stanmore's production

September quarter coal sales of 723,000t reflected strong mine and coal prep plant performance.

Operational Excellence

01 NOVEMBER 2021
Stanmore thinks 2022 will be stellar

Stanmore thinks 2022 will be stellar

With the move to Isaac Downs, lower strip ratios and higher-ranking coking coals are forecast.

Operational Excellence

29 SEPTEMBER 2021
Lower volumes erode Stanmore's profitability

Lower volumes erode Stanmore's profitability

There was a downsizing of fleet size to control costs from the challenging market conditions.

Operational Excellence

03 SEPTEMBER 2021
PIMS wins Millennium and Mavis Downs works

PIMS wins Millennium and Mavis Downs works

Involves transitioning from surface to underground operations.

Development

29 AUGUST 2021
Stanmore looks to a brighter second half with help from Isaac Downs

Stanmore looks to a brighter second half with help from Isaac Downs

The quarterly RoM strip ratio was 9.2 compared to 11.1 in June 2020.

Isaac Downs gets green light

Isaac Downs gets green light

Project has all the approvals needed to allow construction and mining to start.

Development

27 JULY 2021
MetRes deal to get Millennium going

MetRes deal to get Millennium going

The project will have a total production of 13.9Mt of metallurgical coal during its lifetime.

Investment

14 JULY 2021