Gujarat NRE Coking Coal Limited (GNCCL) incorporated in October 2004, is a subsidiary of Gujarat NRE Coke Limited, the largest independent manufacturer of Low Ash Metallurgical Coke (Met Coke) in India. Gujarat NRE is involved in mining, processing and marketing of world class coal products. The company’s shares are listed and actively traded at Australian Stock Exchange (ASX - Code: GNM). The Company owns and operates the 2 coal mines, NRE No1 Colliery and NRE Wongawilli colliery (consolidation of erstwhile NRE Avondale and Elouera colliery). NRE No. 1 Colliery (formerly know as South Bulli Colliery), spreading over 6421hector with resources of over 300 million tonnes of coking coal is located in the Southern Coalfields of New South Wales, Australia. NRE Wongawilli Colliery is formed by the consolidation of NRE Avondale Colliery (acquired during June 2005), and the Elouera colliery (acquired during December 2007) has resources of about 260 million tonnes. Both the mines are located in proximity to the relatively uncongested Kembla Port Terminal in the Southern Coalfields of the New South Wales Coalfields, making it logistically convenient for all export operations. These coal leases give GNCCL the rights for carrying out the various mining and exploration activities in the various coal seams located within the leases namely Bulli seam, Balgownie seam, Wongawilli seam and Tongara seam. GNCCL has invested significant amount for development of the mines, and is working to emerge as one of the largest coking coal producers in Australia. The Collieries are being developed like a completely new mine employing the best of human resources and high quality infrastructure with excellent mining conditions. This will also help in the development of area around the mine and lead to better employment opportunities in the region. Mining capacities are being refurbished on a war footing – to progressively increase to 7 million tones per annum by 2013/14. Employing with over 400 highly qualified and experienced mining experts in Illawara, GNCCL is extremely integrated in the local community as a conscious corporate citizen. |
Other overseas operation
In an effort to diversify operations and in geographic terms, Gujarat NRE Coke Ltd holds strategic stakes in various companies in Australia and New Zealand, engaged in mining of coal and other base metals, as well as oil and gas exploration, like Pike River Coal Ltd, Rey Resources Ltd and Pluton Resources Ltd. |
|