Stanmore

Stanmore Resources is a metallurgical coal producer focused on operating high quality, low cost coal assets in Bowen and Surat basins. The company produces a mix of coking coal, PCI, and thermal coal. Stanmore Resources is in the production stage, having three operating mines: the Isaac Plains Complex, the South Walker Creek Mine, and the Poitrel Mine.

On the first half of 2023, the company operated with cash flow of US$395 million used to support significant deleveraging of 43% of the acquisition financing facility and underlying EBITDA of US$650  million with strong margins bolstered by high prices. 

In addition to its operating assets, Stanmore Resources has a portfolio of brownfield and greenfield growth options focused in the Bowen Basin area which includes underground projects, open-cut extensions at existing operations, and new open-cut proposals on recently acquired exploration tenements. The development timeline for these growth projects ranges from feasibility studies to construction and operations.

Stanmore Resources aims to create shareholder value through operating excellence, measured growth, and shared social value. The company is focused on safe, reliable, and efficient operations, growing tier-one assets with organic development opportunities, maintaining financial strength and flexibility, and contributing to host communities through sustainable development.