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

Two months in town and this toddler has too much lead in her blood

On June 16, 2018

Amita doesn't know what else she can do to protect her 17-month-old daughter after a study finds she's just one of hundreds of Mount Isa children under the age of five with concerning lead levels. While the mine continues to reduce its emissions, critics and a senior minister say more needs to be done.Read more

Wall Street claims immunity from the mounting trade war, while commodities are hammered

On June 16, 2018

It's a case of "crisis, what crisis?" for equity traders, while in the engine room of global trade, the commodity desks, things are getting ugly.Read more

US-China trade tariffs could spell trouble for Australian miners

On June 16, 2018

Analysts say the uncertainty following news of United States-China tariffs could cause issues for miners in Australia's biggest export state by stalling decisions on future big projects.Read more

WA to reap rewards of $8.6b mining boom, but expert warns of bust to follow

On June 15, 2018

BHP announces a $4.7 billion Pilbara mine, the third being planned for WA alongside new projects from FMG and Rio Tinto, but there are fears of a bust to come as the three new projects jostle for position on a similar timeframe.Read more

BHP approves $4b iron ore mine as new boom hits the Pilbara

On June 15, 2018

Just when it appeared the mining investment boom had rolled over, the big miners are splashing out again with almost $9 billion of projects slated to start up.Read more

'War for talent' as mining and infrastructure compete for workers

On June 13, 2018

A new report finds a dramatic increase in demand for mining sector jobs, but with the upsurge comes the problem of meeting demand.Read more

Sam Spearing

On June 10, 2018

Read more

Mining engineering graduate

On June 10, 2018

Read more

Raleigh Finlayson

On June 10, 2018

Read more

Trent Nayler

On June 10, 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