AlwaysFree: Anglo American Awards $176-Million Contracts OF Aquila Coal Project In Australia

British-South African mining company Anglo American has awarded contracts worth A$240 million ($176 million) for its Aquila coal project in Queensland, Australia. A large part of the contracts is for two complete longwalls that are expected to simplify the start up at Aquila. Aquila is part of Anglo’s Grasstree underground coal mine and is expected to extend the mine’s life until 2028. The project will have a production capacity of 3.5 million tons/year, with the longwall production of high-quality hard coking coal expected to start in early 2022. Anglo approved the Aquila development in July last year. Anglo owns 70% of Aquila, while Japan’s Mitsui holds the remaining 30%.