About

Vitrinite Pty Ltd, is a privately owned company holding an extensive strategic coking coal tenement portfolio within Queensland’s world-class Bowen Basin. Our assets are situated in close proximity to operating mines, infrastructure and proven economic resources. Vitrinite is currently focused on executing an exploration drilling and definition program of JORC resources across multiple sites representing the next generation of premium tier one assets in Australia.

Vitrinite is a young, progressive company. We insist on excellence in every aspect of our work and take immense pride in the coal industry and the Australian resources sector. We are stewards of the lands and minerals we are developing, aiming to achieve out sized returns for our shareholders and stakeholders. We embody and encourage an open and collaborative attitude, inward and outward, in our company values. Vitrinite's vision is to create value and wealth through the provision of energy to power world economic growth, exceeding and setting world’s best practices in every endeavour.

VITRINITE VIDEO

COAL NEWS

"Fear of failure": Why Rio Tinto and its former bosses are facing fraud charges in the US

On October 20, 2017

Rio Tinto's $3.7 billion takeover of a Mozambique coal was an unmitigated disaster and it just got worse.Read more

Rio Tinto Mozambique

On October 20, 2017

Read more

Sir Arnold Amet calls for clarity on Nautilus seabed mining project

On October 19, 2017

The PNG government is being threatened with legal action by a group opposed to the planned undersea mining project, Solwara 1.Read more

Battery storage could be hard hit by new energy policy

On October 19, 2017

Battery storage for renewable energy may be too expensive under the Federal Government's new energy policy, the industry says.Read more

Rio Tinto, former execs face fraud charges over African coal losses

On October 17, 2017

Rio Tinto and its former chief executive and chief financial officer are charged with fraud by US authorities for allegedly attempting to cover up multi-billion-dollar losses on an African coal investment.Read more

Mental health app trial looks at FIFO and other workers

On October 17, 2017

A five-month trial of a mental health app to assist companies develop workplace wellbeing programs shows some unexpected results for FIFO workers.Read more

FIFO Plane Sandfire WA

On October 17, 2017

Read more

Rio Tinto's mixed results — weak copper production, but more iron ore shipped

On October 17, 2017

Although Rio Tinto reported weak copper production results, it exported more iron ore than expected in the September quarter.Read more

Home-grown PNG mining company keen for Australian investors

On October 16, 2017

A company believed to be the first mining exploration business owned and operated by Papua New Guinea nationals wants to list on the Australian Stock Exchange.Read more

WA mining lobby wins again, will households now wear cost of budget repair?

On October 14, 2017

Western Australia's powerful mining lobby again proves its influence over the state's political landscape, but it may have come at a cost to households.Read more

LATEST ANNOUNCEMENTS

  • "Coal is Back" - Vitrinite in the Australian Financial Review
    We were very excited to be featured in an Australian Financial Review article this week supporting our opinion that coal is back. The article titled, "'People thought we were crazy': coal is back as explorers get lucky in the Bowen Basin." is a snapshot of the coal industry in Australia at present pointing to a number of positives, including the work done by Vitrinite over the last six months.

    Coal is back!

    "There is a general buzz in our industry," Mr Williams said in an interview with The Australian Financial Review. "People would like to see the price steady and be a bit more consistent for more investors pour in. But the general consensus is we have hit bottom and things are looking up."(M.Ludlow - AFR.com). This is certainly exciting time for Vitrinite and we look forward to more good news to come. To read the full article, follow the link below:

    Australian Financial Review Article
  • Karin Basin Maiden JORC Code Resource
    Vitrinite Pty Ltd is pleased to announce that an initial JORC2012 Inferred Resource of 123Mt has been confirmed within the company’s Karin Basin Asset, and a revised exploration target of 340 to 800Mt. The exploration drilling undertaken to achieve this result covers only a tiny fraction of the tenement area. The exploration program has identified significant seams with thicknesses up to 5 metres (16.25 ft) with some areas showing structurally stacked accumulations of coal up to 16 metres (52 ft). The coal quality, with fluidity reaching higher than 30,000, makes it the highest fluidity coking coal in Australia, and among the highest in the world. Click below for full announcement: Maiden JORC Code Inferred Resource on Vitrinite's Karin Basin