New Hope currently has two open cut coal mines in South East Queensland that produce thermal coal: New Acland, north of Oakey on the Darling Downs, and Jeebropilly in the West Moreton region near Ipswich.
The Company also has two previous operations that are currently undergoing rehabilitation in the West Moreton region - New Oakleigh and Chuwar.
We export one of Australia's cleanest coals
Total coal production from these operations in 2017 was 8.6 million tonnes. More than 90% is directly sold to export markets, predominantly in the Asia Pacific region. The remainder is sold domestically to general industry processors and manufacturers.
We export Tivoli brand coal, which produces low nitrous oxides and carbon dioxide emissions and has low sulphur content, making it one of Australia's cleanest burning coals. Coal mined and sold by New Hope is recognised by independent experts as being one of the lowest greenhouse gas producing coals in the world. This superior environmental performance provides an added strength as environmental management becomes increasingly critical.
Our objective is to increase Australian production through existing resource development, new resource exploration and acquisitions. To this end, our current mining operations are complemented by investment in an extensive exploration program. Our competitive advantage is anchored in our ability to manage each step in the coal chain, from exploration and mining through to delivery for our customers via our port operations.