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

Mining executives arrested over deadly Brazilian dam collapse

On February 15, 2019

Eight employees of Brazilian mining company Vale SA, including two executives, are arrested as part of a criminal investigation into the cause of a deadly dam disaster that claimed the life of more than 160 people.Read more

Sally Zou's mining company has lease suspended over dam and kangaroo deaths

On February 15, 2019

Chinese businesswoman Sally Zou's AusGold Mining Group is ordered to temporarily shut down its NSW gold mine after the illegal construction of a dam and the deaths of more than 25 kangaroos.Read more

A derailed freight train spilled lead and zinc into floodwaters

On February 15, 2019

The train has been stuck since floodwaters inundated the region near Julia Creek.Read more

Major expansion of BHP Billiton's Olympic Dam another step closer

On February 14, 2019

A major expansion of BHP Billiton's Olympic Dam mine is another step closer, with the South Australian Government declaring it a major development proposal.Read more

Mining at Empress pit near Coolgardie

On February 13, 2019

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Historic photograph of prospectors on the WA Goldfields

On February 13, 2019

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Gold specimen

On February 13, 2019

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Gold pour

On February 13, 2019

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Mining at Coolgardie

On February 13, 2019

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Mining at Laverton

On February 13, 2019

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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