The Queensland government has granted a mining lease to Vitrinite for its Vulcan complex in the Bowen Basin – helping with the first four years of the $160 million 9 million tonne mine.
Vitrinite founder and managing director Nick Williams said the company was a private, family-style business, which had succeeded in Australia alongside some of the world’s largest companies.
“We started off small, but what began as the dream of a few, young entrepreneurs has evolved to a stage where we’re creating at least 150 full-time jobs, which will lead to more indirect jobs, and can make a significant contribution to the state economy,” he said.
“We are a family business, and we want to continue how we’ve started, to create a company that supports family and makes people a keystone of every business function.
“When planning the Vulcan mine, and everything we do, we also put a very large focus on minimising our environmental impact, to ensure we’ll leave this land better than we found it for future generations…
