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

Adani's key water management plan is flawed and used some unverified data, CSIRO says

On December 16, 2018

The CSIRO is warning that an ancient and nationally significant springs complex could be permanently dried up under the mining giant's plan to drain billions of litres of groundwater annually.Read more

Shipping workers say blind eye turned to lead-zinc ocean spills for years

On December 15, 2018

The controversial McArthur River Mine operation is once again in the spotlight after former workers say they regularly witnessed barges spill lead-zinc concentrate into the sea while transferring it to export ships in the Gulf of Carpentaria.Read more

Greenpeace anti oil protest in Port Lincoln

On December 11, 2018

Read more

Major coal mine plan suffers setback over water supply fears

On December 11, 2018

A NSW Government department has raised grave fears about plans for a new coal mine south of Sydney, predicting groundwater impacts that are unparalleled in the state.Read more

Ranger mine rehab costs blow out by $296m

On December 10, 2018

The cost of rehabilitating the mine on the doorstep of the World-Heritage-listed Kakadu National Park will be almost $300 million higher than previous estimates, Energy Resources of Australia concedes.Read more

More workers say they're owed wages, entitlements by AusGold's Sally Zou

On December 7, 2018

The mining magnate has not returned calls for payment as another contingent of workers embark on pay dispute resolution.Read more

COP24 President Michal Kurtyka defends coal presence at climate talks

On December 6, 2018

As delegates from around the world gather to combat climate change, coal is on display in the foyer.Read more

Adani coal mine water licence faces Federal Court challenge over move to bypass EIS

On December 4, 2018

The Australian Conservation Foundation launches a legal challenge to a decision to bypass environmental impact assessment of Adani's licence to use up to 12.5 billion litres of water a year for its central Queensland coal mine project.Read more

stacey steningbeach

On December 1, 2018

Read more

Water carter Paulette Genahl

On December 1, 2018

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