BCB: Successful $40m Placement and $10m SPP

BOWEN COKING COAL LIMITED

• Successfully completed a $40 million placement and fully underwritten $10 million share purchase plan to raise funds.
• Funds will primarily be used for Burton capital expenditure, infrastructure, and working capital.
• First coal from Ellensfield South expected in September, which will substantially increase Bowen's coking coal export volumes at the Burton Complex.

2023-06-06 09:09:00

BCB: Isaac River receives Government Environmental Approval

BOWEN COKING COAL LIMITED

• The Isaac River Project has received approval under the Commonwealth Government Environment Protection and Biodiversity Conservation Act 1999 (EPBC) on 31 May 2023.
• Upon completion, the mine will produce up to 500,000 tonnes of high-quality metallurgical coal annually for approximately five years, creating 200 steady-state mining jobs.
• Bowen Coking Coal Ltd aims to achieve an annualized ROM production target of 5 million ROM tonnes by 2024.

2023-06-01 09:36:00

BCB: Isaac River Update

BOWEN COKING COAL LIMITED

• The Department of Climate Change, Energy, the Environment and Water is proposing to approve the construction and operation of the new Isaac River Coal Mine.
• The proposed mine is located in the Bowen Basin in Central Queensland, near two existing mines, BMA’s Daunia and Peabody Energy’s Moorvale South mines.
• Bowen Coking Coal aims to achieve an annualized ROM production target of 5 million tonnes by 2024.

2023-05-12 10:04:00

BCB: Burton Wash Plant and Boxcut Underway

BOWEN COKING COAL LIMITED

• Boxcut mine development at Bowen's third open-cut mine, Ellensfield South pit, is underway, and coal washing has commenced at the Broadmeadow East pit.
• Bowen Coking Coal received board approval for refurbishing the second module of the Coal Handling and Processing Plant (CHPP), increasing processing capacity to 5.5Mtpa.
• Additional excavator fleets will be deployed to increase coal production in the short term, with a third fleet planned for the third quarter of CY2023 at Ellensfield South.

2023-03-31 10:04:00

BCB: CEO Appointment

BOWEN COKING COAL LIMITED

• Bowen Coking Coal Ltd (ASX: BCB) is pleased to announce the appointment of Mr Mark Ruston as Chief Executive Officer (CEO).
• Mr Ruston is a mining executive with over 30 years of experience in coal and metalliferous open pit and underground operations.
• Executive Chairman Nick Jorss commented that Mark’s skillset are a great fit for Bowen as they ramp up production across their mines.

2023-02-27 09:57:00

BCB: Update on wet weather impacts

BOWEN COKING COAL LIMITED

• Bowen Coking Coal Ltd has resumed mining at its Broadmeadow East and Bluff mines following a significant rain event.
• The rain event is expected to have only minor impacts on the BME mining schedule.
• The company successfully completed the third shipment of 38,000 tonnes of high quality, Ultra Low Volatile PCI (ULVPCI) to a Tier One North Asian steel mill.

2023-01-20 12:13:00

BCB: First train from refurbished Burton TLO

BOWEN COKING COAL LIMITED

1. Bowen Coking Coal Ltd completed loading its first coal train through its Mallawa train loadout facility.
2. The Mallawa TLO receives coal from Bowen's nearby Broadmeadow East Mine.
3. The first train through Bowen's re-furbished Mallawa TLO marks a major milestone for Bowen Coking Coal Ltd.

2022-12-29 09:39:00