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.

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COAL NEWS

Central Australian phosphate mine gets 'milestone' EPA approval

On October 19, 2018

The Ammaroo phosphate mine, slated to become one of the largest phosphate mines in Australia, receives approval from the Northern Territory Environmental Protection Authority.Read more

The Australian company pushing to open PNG's first coal-fired power plant

On October 18, 2018

An Australian company is pushing ahead with plans to open a coal-fired power plant and coal mine in Papua New Guinea, despite the recent call from the world's most authoritative climate science body to completely cut greenhouse emissions by 2050.Read more

Lithium mine on Darwin's doorstep set to start production in 2019

On October 16, 2018

The Northern Territory's first lithium mine and processing facility is expected to start operations next year as demand for the mineral surges in China, Europe and the United States.Read more

New mining contract to create hundreds of jobs in Hunter Valley

On October 16, 2018

Global mining services provider Thiess signs a $1.2 billion deal at BHP's Mt Arthur Coal operation in New South Wales, which will expand the project and create hundreds of local jobs.Read more

Map of Mt Arthur Coal mine, indicating Thiess' area of operations.

On October 16, 2018

Read more

Population cap introduced at world's largest bulk-handling port amid dust concerns

On October 15, 2018

The WA Government is to tackle dust-related health concerns in Port Hedland by capping the permanent residential population.Read more

Hundreds of jobs to go at central Queensland coal mine

On October 15, 2018

Just months after acquiring Hail Creek in Queensland's Bowen Basin, resources company Glencore announces it intends to cut 430 jobs at the mine.Read more

These 12 Australian coal power stations would need to close to hit the IPCC target: report

On October 12, 2018

The world got a stark warning on climate change this week, but if Australia is to act on it and hit the IPCC's coal-generated electricity reduction target, 12 power plants will need to close, according to a report from the Parliamentary Library.Read more

Adani gets 20 per cent boost in coal exports via Abbot Point

On October 10, 2018

Queensland's coordinator-general has granted Indian mining giant Adani a 20 per cent boost in coal export capacity through its existing operations at the Abbot Point terminal in north Queensland.Read more

Clive Palmer drops $1.8 billion lawsuit that 'should never have been filed'

On October 10, 2018

After accusing Queensland Nickel's liquidators of a "politically motivated witch-hunt", Clive Palmer withdraws a $1.8 billion damages claim six months after lodging it with the Supreme Court.Read more

LATEST ANNOUNCEMENTS

  • Fresh Prospects
    Vitrinite was featured in an Australian Mining Review article this week . The article titled, "'Fresh Prospects': As Bowen Basin coal producers enjoy their biggest profits in years, players are gearing up for the next generation of projects to feed a growing global appetite for high quality thermal and metallurgical coal. 

    In the Black

    Bowen Basin locals may be quick to talk down another coal boom, but there is no question confidence is returning to the region. An upturn in coal prices is boosting new exploration and development, M&A activity, mine expansions, and prompting companies to reopen shuttered operations. Mr Williams, who spearheaded an exploration campaign during the downturn in the coal market, said "people thought he was crazy"at the time, however "the waning interest in the coal sector generally created a spectacular opportunity". To read the full article, follow the link below: The Australian Mining Review
  • VITRINITE SIGNS INVESTMENT AGREEMENT WITH ITOCHU
    Vitrinite is pleased to announce that it has signed a binding investment agreement to join forces with ITOCHU Corporation (headquartered in Minato-ku, Tokyo; Masahiro Okafuji, President & CEO; hereinafter “ITOCHU”) for the rapid advancement of the company’s flagship Karin deposit (the Karin Project). As part of the investment terms with ITOCHU, Vitrinite has agreed to grant ITOCHU exclusive global marketing rights for the coal product from Karin Project. Mr Nick Williams, founder and managing director of Vitrinite said "after carefully considering a number of options to join forces with a number of high quality global strategic partners, the decision to join forces with ITOCHU is a decision that is based on a number of significant factors, such as, a shared vision for the future and a genuine alignment of cultural values.  The investment agreement is also a very strong validation of the quality of the coal to be produced and value-add to this asset". Click below for full announcement: Vitrinite Signs Investment Agreement With ITOCHU