The Galilee Basin contains deposits of thermal coal and has been described as Australia's newest mining province. There are currently no operating coal mines in the Galilee Basin.
Bravus Mining & Resources is expected to start production of thermal coal in late 2021. Exploration of
coal seam gas,
conventional oil and
tight oil and
shale gas resources is also being conducted. In 1981, the Queensland Department of Mines estimated that demonstrated resources reached 800 million tonnes near Alpha alone. In 2008,
Waratah Coal announced the discovery of 4,400 million tonnes of coal in the basin. Geoscience Australia reports 15 mineral deposits within the Galilee Basin which include; Kevins Corner, Pentland, Alpha (Hancock), Alpha North, South Alpha, Galilee (Liberty), South Galilee, Carmichael, Pentland (United), Hughenden, White Mountain (Clyde Park), Yellow Jacket, South Pentland, Milray, Hyde Park Coal Project.
Current mining The Galilee Basin has 48 currently granted mining leases, comprising a total area of . All current mining leases within the basin are associated with small-scale mining operations for barite, bentonite, calcite, gypsum; limestone, opals; phosphate and potassium. Currently there are no coal mines in production. The A$16.5 billion project was expected initially to create the largest coal mine in Australia and one of the largest in the world, however was scaled back significantly to just 10mtpa. Financial analysts doubted the project was viable but the company self-financed the $2bn project in 2018. It struck first coal in June 2021 and is expected to start production at the end of the year.
Other projects In May 2012, the Government of Queensland granted approval to
Hancock Coal and
GVK to construct the
Alpha Coal Project. The mine is intended to export 30 million tonnes of thermal coal annually from 2015. One thousand employees will be needed once the mine is operational. Hancock is also hoping to develop the Kevin's Corner coal mine adjacent to the Alpha project.
Mineralogy, controlled by Clive Palmer, owns thermal coal deposits in the Galilee Basin, which he claims amounts to around 100 billion tonnes of coal. However, this amount of coal resource is not substantiated by official figures. Palmer's proposed China First mine which is owned by Waratah Coal, would result in the destruction of Bimblebox Nature Refuge, which is part of Australia's National Reserve System and is listed as a conservation area of State Significance in Queensland. The reserve is co-owned local landowner Paola Cassoni who is adamant the endangered
black-throated finch must be protected. The mine is expected to export 40 million tonnes of coal a year and according to Palmer will proceed even though one of the original supporters,
Vitol, has left the project. China First Coal includes an open-cut, underground
longwall mine, standard gauge railway and port facility. == Coal quality ==