Bulga Coal

Bulga Coal Pty Limited
Type Joint Venture
Industry Mining
Founded 1982
Headquarters Singleton, Australia
Key people Stephen Hubert, General Manager [1]
Benjamin Hiatt, Operations Manager Surface [2]
Liz Watts, Mining Manager [3]
Mark Munro, Operations Manager Underground [4]
Products Coal
Revenue $948 AUD [5][6]
Operating income Unknown
Profit Unknown
Employees 600 including contractors
Parent Oakbridge, Nippon Oil, Xstrata
Website www.bulgacoal.com.au www.beltanaoperations.com.au

Bulga Coal Pty Limited is a coal-mining company based in Singleton, New South Wales, Australia. The company operates two mines Bulga Surface Operations and Beltana Longwall Mining which form the Bulga Coal Complex. The company is a joint venture between Oakbridge Pty Ltd and Nippon Oil Australia Pty Ltd. Bulga Coal currently produces approx 16 million tonnes of coal per year [7]

Company Ownership

Bulga Coal is a joint venture between Oakbridge Pty Limited and Nippion Oil Australia Pty Limited.

Oakbridge Pty Ltd, previously an Australia Public Company listed on the ASX before being delisted, is currently majority owned by global mining giant Xstrata Coal (through its subsidiary Enex Oakbridge Pty Ltd), with a 78% stake hold, with the other stakeholders being Toyota Tsusho Corporation (through Tomen Corporation), JFE SHOJI Trade Corporation, putting the total stake hold of Xstrata Coal in Bulga Coal Pty Ltd at 68.25% [8]

Links to Xstrata

The mine is managed by Xstrata Coal through its subsidiary Bulga Coal Management Pty Limited. The Bulga Coal complex site is also the headquarters of Xstrata Coal NSW (Xstrata Coal's largest operating division) as part of the mine site.

History

The Bulga Coal Complex was originally started by BHP Limited as the Saxonvale Mine in 1982, it was later brought by Elders Resources in 1988, and then sold to Oakbridge Limited in 1989, shortly after Oakbridge Limited purchased the complex Japan's Nippon Oil brought part of the mine and renamed it Bulga Coal. Glencore (through Enex Resources Limited) brought a stakehold in the mine 2000. Glencore's stake was purchased by Xstrata plc when it floated on the LSE.