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Stanwell Tarong Coal Contract - Corporate Advisor

Project Description:

  • Converting the coal supply from an adjacent mine from purchase of coal from Rio Tinto to the ownership and operation of the mine by Tarong Energy
  • Undertaking studies for the potential of sourcing coal from a new mine some 20+ km from the power station

Project Details

Client: Stanwell Corporation

The Challenge:

  • Development and implementation of a plan to convert the operation of the coal mine from existing owner to Tarong Energy without any risk to continuity of supply
  • Develop a new mining contract and obtain Board approval of the contract details and risk allocation
  • Manage the procurement process up to award of contract
  • Brief the Tarong Board as to their recommended role in overview of the mining operation
  • Provide concept level pricing and scheduling of a cross country conveyor system
  • At the time of assignment another Member of Flagstaff was also on the Board of Tarong Energy

The Outcome:


The ownership and operation of the mine was transferred from Rio Tinto to Tarong Energy without any loss of production or mishaps


The new mining contract was awarded on time


The form of contract served both parties well over the duration of the mining contract


The Board was fully informed throughout process to allow for smooth transition and operation of the mine under Tarong control


Additional reserves were proven viable at the existing mine to support the business plan which resulted in the elimination of the need for a new mine


The Flagstaff member served out his specified duration as Board Member without conflict and added value to the various board discussions and decision making

Want more information about this project?

Contact the project leader for more information, or alternatively download the project data sheet.
Contact JonathanView Project Data Sheet
Melbourne Office:
Suite 65, 3 Albert Coates Lane
Melbourne Victoria 3000

Telephone: (03) 8679 2284

Brisbane Office:
Level 6, 87 Wickham Terrace
Spring Hill Queensland 4000

Telephone: (07) 3831 2811
Facsimile: (07) 3839 5370