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

Rare caesium mine opens in Western Australia

On September 20, 2018

The Sinclair caesium mine — just the third of its kind in the world — officially opens near Norseman, in WA's south.Read more

Overburden mined from the new Sinclair caesium mine

On September 20, 2018

Overburden mined from the new Sinclair caesium mineRead more

Craig McGown hands a cheque to Paul Stenson as a signal of the start of mining

On September 20, 2018

Craig McGown hands a cheque to Paul Stenson at the official opening of the Sinclair caesium mineRead more

Pioneer Managing Director David Crook and Chairman Craig McGown

On September 20, 2018

Pioneer Managing Director David Crook and Chairman Craig McGown celebrate the opening of the Sinclair caesium mineRead more

Climate change, battery boom threatening life on the 'roof of the world'

On September 19, 2018

The very existence of Tibet's traditional nomads is under threat, as glaciers melt and grassland turns to desert. But that's not the only hazard — the tech industry's thirst for lithium is also causing concern.Read more

Adani wants Queensland's water and the Government doesn't need an impact statement

On September 18, 2018

Mining giant Adani plans to draw billions of litres of water from a river in drought-stricken Queensland and the Federal Government decides the project does not need an environmental impact statement, something advocates say is "appalling and dangerous".Read more

Tibetan woman and children

On September 18, 2018

Read more

Tibetan boy

On September 18, 2018

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Warren de With

On September 17, 2018

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Rhett Walker

On September 17, 2018

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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