With offices in Wellington and Christchurch, our operations are nationwide. As the leading New Zealand coal producer, we provide energy for the agri-business sector, schools, hospitals and many other key players in our economy and society.
We are also an exporter of high-quality coal for steel production primarily in Japan, South Korea, India, and China. We are involved in two steelmaking coal development projects in British Columbia Canada; one under our ownership and the second via a joint venture equity stake.
We are a New Zealand-registered company, and are listed on the Australian Securities Exchange (ASX) with all current operations and employees located in New Zealand.
We have two operating mines in the South Island: Stockton (north of Westport) - 65% owned via BT Mining, and Takitimu (north of Invercargill) - 100% owned.
We also operate Maramarua and Rotowaro in the Waikato region of the North Island (65% owned via BT Mining Limited).
We have three further mines. The Cascade and Escarpment mines are near Westport. Escarpment is currently under care and maintenance (100% owned) and the Cascade site is under rehabilitation. The Canterbury mine ceased operating at the end of June 2021, with rehabilitation in final stages.
In addition to our domestic operations, we have permits over 15,000 hectares in the Buller coalfield (100% owned). This is part of our strategic plan to future proof our exports of high-quality metallurgical coal. We also hold exploration and prospecting permits in other areas of the South Island to position ourselves for further opportunities and growth.
In December 2023 we purchased the Tenas export coking coal project, located in British Columbia, Canada. With the project working through the environment assessment phase, this proposed open pit mine has an expected mine life of 25 years, with first production forecast for FY27. We also hold a 22.2% equity stake in the Crown Mountain export coking coal joint-venture project in British Columbia.
