2020 CORPORATE PROFILE QUEENSL AND - Glencore Australia
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2 02 0 COR PO R ATE PROF ILE QUE E N S L A ND
8,960 One of
employees and Queensland’s
contractors in largest coal A leading
Queensland producers mining
Queensland’s technology
largest copper business
and zinc
producer
Cover photo: Our Queensland Metals business in Mount Isa This page: Shift change at George Fisher Mine, north-west Queensland
About Glencore
We are one of the world’s largest natural resources Our business model covers Metals
companies. We own and operate a diverse mix of assets & Minerals and Energy, which are
all over the world, and we’re engaged at every stage of supported by our extensive global Metals & Energy Marketing
the commodity supply chain. marketing network. Minerals
Global operations
160,000
Employees and contractors
Diversified by The right
Well-capitalised,
commodity, commodity mix
60 geography for changing
low-cost, high-
Commodities across a range return assets
of metals, minerals and and activity needs
energy sectors
3,000
Employees in marketing
1,200
Vessels on the ocean at • Fully integrated from mine • Future demand patterns • Since 2009, over US$45 billion
any one time to customer for maturing economies are has been invested in our global
likely to favour mid- and late- industrial assets
• Presence in 50 countries across
7,000+ 150 operating sites
cycle commodities*
• Major producer of later cycle
• Low-cost, long-life assets in many of
the world’s premier mining districts
Long-term relationships with • Producing and marketing about
commodities including the support sustainable long-term
suppliers and customers 60 commodities
enabling materials (copper, cobalt, cash flows
• Diversified across multiple nickel) that underpin the battery
• Mine-life extension potential
suppliers and customers chemistry and infrastructure likely
embedded in key commodities
to power electric vehicles and low
emission storage systems
* Mid- and late-cycle commodities are those required by economies, societies and people as their quality of life
www.glencore.com continues to improve (e.g. electric and other automation, electronics, appliances).
2 Glencore 2020 Corporate Profile Queensland Glencore 2020 Corporate Profile Queensland
3
About Glencore
Our Queensland operations
Queensland is an important part of our
Australian and global business, with about half
of our Australian workforce based here. We hold
significant interests in a range of commodity
industries throughout the state.
In 2019, Glencore contributed
more than $6.4 billion to
Queensland’s economy.*
Cairns
8,960
Employees and contractors**
Townsville
$956 m
Wages and salaries
Mount Isa
$4.6 b Mackay
Spent on goods and services
$733 m
Taxes and royalties paid to Gladstone
state and federal governments
Brisbane
Metals & Minerals Energy
Copper Oil
Zinc Coal
Technology
* T he taxes and royalties figure represents Glencore’s share of every operation we operate and manage in Queensland. ** These numbers do not include the contribution of Glencore Agriculture which buys and markets grain and oilseeds
All other figures represent 100% of the operations that Glencore manages in Australia and include our joint venture from Queensland growers, and in which Glencore holds a 49.99% stake.
partners’ interests in Ernest Henry Mining and our various coal joint ventures. All dollar figures in this document are AUD, and relate to the 2019 calendar year, unless otherwise stated.
4 Glencore 2020 Corporate Profile Queensland Glencore 2020 Corporate Profile Queensland
5
Metals &
Minerals
Work at our lead smelter in Mount Isa Mines, north-west Queensland
6 Glencore 2020 Corporate Profile Queensland Glencore 2020 Corporate Profile Queensland
7
Metals & Minerals
Copper
Our 2019 contribution
$1.1 b 2,820 $334 m $693 m
Total Employees Wages and Spent on goods
contribution and contractors salaries and services
Our Queensland copper operations are integrated across the entire
supply chain, from resource development, mining and processing,
to transport, storage and export to worldwide customers.
Our north Queensland copper mining As a major employer, we recognise the
Townsville operations
N ORT H WE ST and processing assets include the Mount significant socio-economic role we play
QU EEN SL A N D MI N E R ALS Copper Refineries Ltd
Isa Mines complex, Ernest Henry Mining in regional Queensland. We aim to work
PR OVIN CE Townsville Glencore Port Operations
near Cloncurry, and our copper refinery constructively with local and regional
Ernest Henry Mining
in Townsville. We produce a globally councils for the benefit of the communities
Underground mine
Mount Isa Bowen renowned, premium copper product in which, and near which, we operate.
Copper concentrator
known as ISA Brand copper cathode, These councils include:
Cloncurry sought after all over the world thanks
• Mount Isa City Council
to its highly conductive properties.
Mount Isa Mines Our copper is exported from the Port • Cloncurry Shire Council
X41 of Townsville. • Townsville City Council.
Enterprise
Rockhampton
Copper concentrator In 2020, our north Queensland copper
Australian leadership
Copper smelter and zinc operations have been
consolidated as a single business entity, Matt O’Neill, Chief Operating Officer,
Glencore Queensland Metals. Queensland Metals
Q U EEN SL A N D
OPER ATIONS ASSETS 2019 PRODUCTION
Brisbane Mount Isa Mines Enterprise underground mine Cathode and copper 151,100 t 1
copper operations X41 underground mine in concentrates
Copper concentrator
Copper smelter
Ernest Henry Mining Underground copper mine
Copper concentrator
Copper Refineries Ltd Electrolytic copper refinery
1 M ount
Isa, Ernest Henry, Townsville – total production, t = tonnes
including third party feed
Mine site
Underground mine
Other asset
Port facilities and storage
Rail
8 Glencore 2020 Corporate Profile Queensland Glencore 2020 Corporate Profile Queensland
9
Metals & Minerals
Zinc
Our 2019 contribution
$1.1 b 1,900 $167 m $817 m
Total Employees Wages and Spent on goods
contribution and contractors salaries and services
Glencore mines one of the world’s largest
zinc resource bases at Mount Isa Mines.
In north Queensland, we operate the constructively with local and regional
George Fisher underground mine, Lady councils for the benefit of the communities
N ORT H WE ST
Townsville operations Loretta underground mine, a zinc-lead in which, and near which, we operate.
QU EEN SL A N D MI N E R ALS Glencore Port Operations concentrator, a zinc-lead filter plant and a These councils include:
PR OVIN CE Townsville lead smelter. Our zinc and lead products
• Mount Isa City Council
Lady Loretta Mine are exported from the Port of Townsville.
• Townsville City Council.
Mount Isa In 2020, our north Queensland copper and
zinc operations have been consolidated Australian leadership
as a single business entity, Glencore
Queensland Metals. Matt O’Neill, Chief Operating Officer,
Mount Isa Mines Queensland Metals
George Fisher Mine As a major employer, we recognise the
Zinc-lead concentrator significant socio-economic role we play Sam Strohmayr, Chief Operating Officer,
Rockhampton
Lead smelter in regional Queensland. We aim to work Zinc Assets Australia
OPER ATION ASSETS 2019 PRODUCTION
Q U EEN SL A N D
Mount Isa George Fisher underground mine Zinc in concentrates 326,373 t
zinc operations Zinc-lead concentrator Lead in concentrates 157,984 t
Lead smelter Silver in concentrates 5,518,256 oz
Brisbane Lady Loretta underground mine
t = tonnes oz = ounces
Mine site
Underground mine
Other asset
Port facilities and storage
Rail
10 Glencore 2020 Corporate Profile Queensland Glencore 2020 Corporate Profile Queensland
11
Energy
Monitoring operations at Glencore’s Clermont Coal open cut mine in central Queensland
12 Glencore 2020 Corporate Profile Queensland Glencore 2020 Corporate Profile Queensland
13
Energy
Coal
Our 2019 contribution
$4.1 b 4,300 $430 m $3.1 b
Total Employees Wages and Spent on goods
contribution and contractors salaries and services
Abbot Point Coal Terminal (T1)
Bowen
Collinsville Coal
We operate six coal mines across regional Queensland.
Newlands Coal
In 2019 we produced over 50 million tonnes in regional Queensland. We aim to work
Hail Creek Coal Mackay
of saleable thermal and coking coal in the constructively with local and regional
state. Our coal in Queensland is exported councils for the benefit of the communities
Dalrymple Bay Coal Terminal
from the ports of Abbot Point, Dalrymple in which, and near which, we operate.
Bay, Wiggins Island Coal Export Terminal These councils include:
A
and RG Tanna coal terminal.
• Central Highlands Regional Council
Clermont Coal B
We aim to have a positive impact on • Isaac Regional Council
Oaky Creek Coal communities associated with our
• Mackay Regional Council
Rockhampton operations through our direct employment
and spend on goods and services from • Whitsunday Regional Council.
local and regional business. We maintain
Gladstone a strong focus on rehabilitation and Australian leadership
provide support for a wide range of Gary Nagle, Global Head of Coal Assets
Rolleston Coal community initiatives.
Coalfields Ian Cribb, Chief Operating Officer, Coal
Wiggins Island As a major employer, we recognise the Assets Australia
Coal Export Terminal A Galilee Basin
significant socio-economic role we play
RG Tanna Coal Terminal B Bowen Basin
C Surat Basin
OPER ATIONS METHODS PRODUCTS 2019 PRODUCTION1
QUEENSL AND
Collinsville Coal Open cut Thermal 3,773,000 t
Newlands Coal Open cut Thermal, Coking 4,547,000 t
Coalfields C Clermont Coal Open cut Thermal 12,029,000 t
A Galilee Basin
Oaky Creek Coal Underground Coking 5,446,000 t
B Bowen Basin
Hail Creek Coal Open cut Thermal, Coking 8,774,000 t
C Surat Basin Brisbane
Rolleston Coal Open cut Thermal 15,725,000 t
1 M anagedequivalent saleable production, volumes rounded up/down t = tonnes
to nearest 1,000 tonnes
Mine site
Underground mine
Open cut mine
Port facilities and storage
Rail
NEW SOUTH WALES Mangoola Coal
14 Glencore 2020 Corporate Profile Queensland
A
Hunter Valley Operations Glencore 2020 Corporate Profile Queensland
15
Liddell Coal
Energy
Oil
Glencore’s oil business in Australia supplies our mining and
agricultural operations’ fuel needs. We also supply fuel to
the wholesale fuel market, independents and the marine
fuel industry.
Cairns
Townsville
Mount Isa
Mackay
QUEENSL AND
Gladstone
Brisbane
Truck
Working at our Oaky Creek Coal underground mine in central Queensland
16 Glencore 2020 Corporate Profile Queensland Glencore 2020 Corporate Profile Queensland
17Energy
Case study
Industry-leading
mine rehabilitation in
regional Queensland
In recent years, mine rehabilitation and closure planning in
Queensland have become increasingly important and visible for
industry, government, stakeholders and communities.
Glencore’s coal business is committed to In 2019, we rehabilitated more than
effectively returning mined land to self- 1,300 hectares across our Australian
sustaining native ecosystems, agricultural coal operations, an investment of over
use or other suitable purposes that meet $44 million.
government requirements and community
We’re very proud that two of our
expectations.
Queensland coal operations have received
At each of our Queensland coal operations, State Government certification for sections
rehabilitation is: of rehabilitated mine land.
• Planned for as early in the mine life In each case, the rehabilitation of these
as possible – with our contemporary former mining areas met all rehabilitation
operations it takes place before first and closure activities set out by State
coal is mined. Government regulators.
• Incorporated into daily, annual and Our Rolleston mine now has certification
long-term mine plans to ensure work for 400 hectares of its rehabilitation –
is adequately resourced, budgeted equivalent to more than 660 football fields,
and delivered. which represents almost 40% of the total
We believe that • Conducted progressively, while mining amount of mined land onsite.
the mine rehabilitation continues, which minimises the area
The certification at Rolleston follows a
at our coal operations of rehabilitation required at the end
similar achievement at our Newlands
like Rolleston is among of mining.
coal operations in 2017, where more than
the best in the industry • A source of pride for our workforce. 73 hectares of rehabilitation was certified
and a source of pride Our rehabilitation is not just about quantity by the Queensland Government.
for our workforce – it is also about quality.
GLENCORE REHAB AREA EQUIVALENT IN NUMBER YEAR
COAL OPER ATION LOCATION CERTIFIED OF FOOTBALL FIELDS CERTIFIED
Newlands Coal Queensland 73 hectares > 120 2017
Bowen Basin
Rolleston Coal Queensland 400 hectares > 660 2018, 2019
Bowen Basin
Rehabilitated mine land at our Rolleston Open Cut coal mine in central Queensland
18 Glencore 2020 Corporate Profile Queensland Glencore 2020 Corporate Profile Queensland
19Glencore Technology
Glencore Technology – with its global headquarters in Australia –
develops innovative products that help producers extract more from
their metal and mineral processing assets.
Currently 22 of the 27 mining companies 11 million tonnes per annum – or more than
within the International Council of 50% – of world copper production. Albion
Mining and Metals (ICMM) use Glencore Process™, commercialised in 2009, is
Technology to improve operational delivering improved returns over traditional
efficiency. Our ISASMELT™, IsaKidd™, mineral leaching techniques.
IsaMill™, Jameson Cell and Albion
Glencore Technology also provides
Process™ have been proven in over 400
other parts of the Glencore group with
operations globally.
expertise in process improvement,
ISASMELT™ is still helping operations flowsheet performance and metallurgical
break recovery records in smelting after trouble-shooting.
more than 30 years. IsaMill™ and Jameson
Australian leadership
Cell deliver more and better quality
concentrate to downstream stages in Paul Telford, Chief Technology Officer,
mining operations. IsaKidd™ cathode Glencore Technology
plates and robotics account for more than
Glencore Technology on site and providing solutions for our Queensland Metals business
20 Glencore 2020 Corporate Profile Queensland Glencore 2020 Corporate Profile Queensland
21Supporting our
local communities
Every year, Glencore supports our local communities
through partnerships, sponsorships, funding and
voluntary employee contributions. In addition to our
role as a major employer, in 2019 we partnered with
community organisations across Australia to make a
positive contribution in the areas of health, education,
arts and culture, and the environment.
Royal
Far West
Glencore has partnered with charity Royal Far West to
provide early intervention for children experiencing speech,
language, sensory and motor development difficulties in
our regional Queensland operational areas of Springsure
(Rolleston), Collinsville and Clermont. The capacity-building
program helps teachers, parents and other school and early
education employees to better care for the unique needs
of these young children. Training is done using tele-tutorials
and video links with senior clinicians and is enriched with
online resources. We have invested $100,000 to help deliver
this program to these regional areas.
Putting a smile on children’s faces – the great work of Glencore-supported Royal Far West
22 Glencore 2020 Corporate Profile Queensland Glencore 2020 Corporate Profile Queensland
23Supporting our local communities
Supporting our local communities
Our Queensland partners
Business, industry and achievement • Schools P+C Association Grants Program
• AusIMM • South Townsville State School
• Commerce North West • Southern Cross Catholic School
• Mount Isa City Council • Spinifex State College
• Townsville Enterprise • St Joseph’s Catholic Primary School
• Queensland Department of Youth and • St Kieran’s Catholic Primary School
Communities: Queensland Indigenous • Sunset State School
Youth Leadership Program • Tieri State School Indigenous
• Queensland Minerals and Energy
Academy (QMEA)
•
•
Townsville State High School
Townview State School
youth lead
Culture and arts • University of Central Queensland the way
• Arts on Alma • University of Queensland
• Fitzroy Basin Association • William Ross State High School
• Festival of the Bands • Wonder of Science
• Kalkadoon Community Pty Ltd • Wulguru State School
• Mackay Regional Social Safety and Environment The Queensland Indigenous Youth Leadership Program has become
Development Coalition
• Queensland Department of Environment one of the country’s most prestigious and effective Aboriginal and
• Mount Isa Eisteddfod and Science Northern Hairy-Nosed
• Mount Isa Entertainment and Torres Strait Islander youth leadership programs. The program
Wombat Recovery Project
Tourism Venues • Reef Catchments
continues to provide excellent leadership development opportunities
• Queensland Music Festival for Indigenous youth following its formation in 2011 through a
Events, clubs and organisations
• Townsville Eisteddfod Inc. partnership of Glencore’s coal, copper and zinc businesses and the
• Camooweal Drover’s Festival
Education • Cloncurry and District Show Society Queensland Department of Communities. Indigenous youth aged
• Annandale State School • Cloncurry Stockman’s Challenge and 18 to 25 engage actively and positively in community leadership
• Barkly Highway State School Campdraft Association roles, civic life and parliamentary processes.
• Books in Homes Australia • Curry Merry Muster Festival
• Central Highlands Science Centre • Isa Running and Triathlon Club
• Collinsville Schools PE Program • Julia Creek Campdraft Association Health and wellbeing • North West Hospital and Health Service
• Edmund Rice Flexi School • Junior Sports Development • Angel Paws Inc. • RACQ LifeFlight
• Good Shepherd Catholic College Program grants • Capricorn Rescue Helicopter • Ronald McDonald House North Australia
• Happy Valley State School • Mount Isa Agricultural Show Society • Central Queensland Health Service – • Royal Far West
• Healy State School • Mount Isa Apex Club Mackay • Salvation Army
• James Cook University • Mount Isa Fish Stocking Group • Central Queensland Rescue Helicopter • Sisters of the North
• Mount Isa Central State School • Mount Isa Golf Club Ladies • Central Queensland Rural Health • State Emergency Service
• Mount Isa School of the Air • Mount Isa Mines Rodeo • Clermont Aged Care Strategy • The Pyjama Foundation
• Mount Isa Special School • North Queensland Football Limited • Clermont 4 Doctors Plus more schools, colleges, local
• Oonoonba State School • North Queensland Sports Foundation • Cloncurry Flinders Medical Centre clubs and organisations throughout
• Queensland Department of Education • North West Canoe Club • CTM Links regional Queensland.
Solid Pathways • Zonta Club of Mount Isa • Mission to Seafarers
24 Glencore 2020 Corporate Profile Queensland Glencore 2020 Corporate Profile Queensland
25Safeguarding our workers
during the COVID-19
Our global pandemic
COVID-19
Glencore has closely monitored developments relating to
response COVID-19 since the start of the pandemic and our key priority
is to protect the health and safety of all employees and
contractors at each of our sites and offices.
We have enacted our incident Increased hygiene and cleaning
management plans in accordance with
At every site and office, we’ve provided
our company protocols. As part of this
appropriate hygiene and personal
response, all our sites have developed
protective equipment (PPE).
risk-based plans to support the health and
safety of workers. We are closely following We have also introduced stringent and
the advice of Federal, State and Territory frequent cleaning of all shared areas
Governments and expert medical advisors and equipment.
and have remained in close contact with
local council authorities in each jurisdiction
in which we operate.
The Australian Government identified
mining as an essential activity and we
are doing all in our power to continue
running safe, responsible and sustainable
operations across the country.
Engagement with our workforce
We have provided our workforce with a Social distancing in the workplace
wide range of information about COVID-19
We have implemented social distancing
measures and protocols, including
measures, including at pre- and post-
those related to personal hygiene, social
shift briefings, in assembly areas, at mess
distancing, travel and access to our
facilities and in all mine transport vehicles.
Employee Assistance Program.
In specific situations where social
Health checks and screening distancing is more challenging, we’ve
ensured appropriate PPE is used at
We have introduced temperature checks
all times.
for our workforce, as well as self-declaration
assessment forms. Other measures that we’ve introduced
have included staggered shift times,
We have also instructed every worker to
clear demarcation zones and increased
stay at home if they feel unwell or have any
frequency of buses to specific sites to
symptoms associated with COVID-19. Under
enable social distancing.
no circumstances are they to come to work.
Temperature testing at our Ernest Henry Mining copper operations near Cloncurry
26 Glencore 2020 Corporate Profile Queensland Glencore 2020 Corporate Profile Queensland
27We have also provided social distancing Stakeholder engagement
guidance relating to carpooling
Throughout the pandemic, we’ve engaged
arrangements for employees travelling
with governments and local councils
to and from work.
to help ensure economic activity can
continue while implementing measures to
Travel restrictions
minimise the spread of COVID-19.
We have followed government and expert
We have also worked with our suppliers
medical advice on all travel requirements.
and infrastructure providers to mitigate
This has included asking our workforce to
any risks associated with the supply of
avoid all non-essential work and personal
goods and services to our operations and
travel. We have also limited interaction
with the transport of our resources to
between our workers and the local
power stations and port export terminals.
communities in or near which we operate.
The Mount Isa community is benefitting from new COVID-19 testing equipment.
Photo courtesy of the University of Queensland
Technology fast-tracks COVID-19 testing
and results at Mount Isa Hospital
COVID-19 testing equipment secured for Mount Isa Hospital in
north‑west Queensland is providing crucial support for Australia’s
largest inland mining community.
Glencore provided $45,000 for the “Quicker turnaround times and testing
equipment, which was acquired in closer to home is critical to rural and
collaboration with Queensland Health remote locations and, in particular, our
and the Laura Johnson Home. vulnerable Aboriginal and Torres Strait
Islander communities.”
In addition to enabling local testing, the
equipment dramatically reduces the Dr Ulrich Orda, Director of the Emergency
timeframe for test results. Previously Department at Mount Isa Hospital, said the
COVID-19 nasal swab samples had to equipment would also be a valuable asset
Glencore contributes $725,000 to be flown from Mount Isa to Brisbane or long-term.
Townsville for analysis.
COVID-19 vaccine development “It can analyse other respiratory viruses,
The North West Hospital and Health staph infections, influenza A and B, and
Service’s Acting Chief Executive, Dr Karen some STDs, so it has further application
Murphy, said the equipment was proving beyond the coronavirus pandemic,” he said.
Our donation will go towards the University of Queensland’s (UQ)
crucial for diagnosing urgent cases.
vaccine development program. “Prompt diagnosis means we can start
“Previously, testing for COVID-19 treatment immediately, isolate the
The University of Queensland is using Our $725,000 contribution comes from has been dependent on airlines and patient, and curb potential exposure to
molecular clamp technology that aims our Global Community Support Fund set external labs”, said Dr Murphy. “With this the community.”
to enable people’s immune systems up to assist communities affected by the equipment funded by Glencore, we now
to recognise and then neutralise the pandemic. We are hopeful it will make a have the safety net that we deserve in
COVID-19 virus. meaningful contribution to the university’s north‑west Queensland.
efforts to develop a vaccine.
28 Glencore 2020 Corporate Profile Queensland Glencore 2020 Corporate Profile Queensland
29Case study
Boosting career
opportunities in
regional Australia
Glencore provides a range of career opportunities across our
mining operations in regional Australia.
Our entry-level programs suit applicants Feedback from our people
from school leavers to university graduates,
Mayah Cvetic, a graduate human
to those just looking for the next
resources business partner at George
career break.
Fisher Mine, north-west Queensland, said
getting her opportunity was a dream come
Graduate programs
true. “I moved to Mount Isa at age 12,”
Over 100 new graduates so far have joined she said. “The Glencore Graduate Program
Glencore in 2020. More are on the way is important for regional Australia as it
following the recent extension of our 2021 provides opportunities to come back home
program. “We’re looking for bright, curious after university, just like I did, to work in my
and confident people across disciplines,” chosen field.”
Glencore Australia Regional Human
Felice Quach started as a graduate process
Resources Lead Jodie Hope said. “These
engineer and is now a Production Mining
range from engineering, environmental
Supervisor at Liddell coal mine in New
science, geology and geophysics to
South Wales’ Hunter Valley. Reflecting on
information systems and IT, accounting,
his journey, Felice could not have imagined
community relations, human resources,
five years ago the career leaps he has
and occupational health and safety.”
taken. “The start was hugely important
for me,” he said. “The Glencore Graduate
Apprentice programs
Program has allowed me to get many
At the start of 2020, Glencore also had opportunities and climb the ladder.”
almost 450 first-through-to-fourth-year
Fletcher Tomes started as a second year
apprentices across trades including
electrical maintenance apprentice at
electrical, mechanical, fabrication,
McArthur River Mine in the Northern
plumbing, carpentry and diesel fitting.
Territory after the company he was
With a focus on local talent from regional
working for closed down. Completing
communities, our recruitment programs
his apprenticeship with Glencore has
combine structured career development
opened up opportunities in the resources
with on-the-job experience and mentoring
sector. “Being exposed to large industrial
from some of the best in the business.
equipment and focusing on fault-finding
Newcomers to Glencore have every
has accelerated my learning. It’s great to
opportunity to succeed.
work in a role that keeps you challenged,”
Fletcher said.
Seizing the day – Glencore is creating opportunities for promising graduates in regional Australia
30 Glencore 2020 Corporate Profile Queensland Glencore 2020 Corporate Profile Queensland
31Hopes high for Glencore’s Miles
Australian carbon capture
Tarong North
Power Station
Kogan Creek Caloundra
and storage plans
Condamine Power Station
North North
North
0.0 15.0 30.0 0 25 0 25 50
Kilometres Kilometres Kilometres
Dalby
Glencore’s CTSCo Project in Queensland has the potential to
North
North
0.0
15.0
Kilometres
15.0
30.0
Kilometres
30.0 0 10 20
Kilometres
Project site boundary
Greenhouse Gas Exploration Permit Area
Road
Oil pipeline
New Co2 pipeline
Warrego Highway
provide a technology pathway to materially reduce Australia’s EPQ 10
(Greenhouse BRISBANE
carbon dioxide emissions. gas Toowoomba
exploration
Glencore is continuing to progress its an industrial scale. The CTSCo Project permit) Gore Highway
Moonie
CTSCo Project in Queensland’s Surat is subject to rigorous government Project New CO2 pipeline
Basin. The project aims to capture carbon environmental approval processes and Millmerran
dioxide (CO 2) at the Millmerran power approvals. Independent reviews have Project Site Millmerran
North North
Power Station
station, transport it to a storage site in the also included input from the University of North
0.0 15.0 30.0 0 25 0 25 50
southern Surat Basin, 230 kilometres west Queensland, University of Melbourne and
Kilometres Kilometres Kilometres
of Toowoomba, and permanently store it University of Texas.
more than two kilometres underground. North
The EPQ10 storage location in the southernNorth North
North
Over a 10 year period, we have conducted Surat Basin30.015.0
0.0
15.0
can potentially
30.0
store CO 2 0 10 20 0.0 Project15.0 30.0
site boundary Road New Co2 pipeline 0 25
a number of studies – including pre- onKilometres
an industrial scale and serve as a Kilometres Greenhouse Gas Exploration Permit Area Oil pipeline Kilometres
Kilometres Kilometres
feasibility, feasibility and engineering central storage hub for a number of large
design – to test the feasibility of storing industrial emitters of CO 2 . CTSCo’s EPQ10 storage location in the southern Surat Basin
CO 2 in a safe and secure manner. The
This means that if our CTSCo Project North
project has received grant funding North
is successful it can help Queensland
from the Australian black coal 0.0 15.0 30.0 0 10 20 Project site bo
significantly reduce emissions from coal, 15.0 30.0
Why Carbon Capture & Storage (CCS)?
industry via the COAL21 Fund and the
gas and heavy industry, in the process Kilometres Kilometres Kilometres Greenhouse G
Australian Government. CCS (also called CCUS) has been identified was found to increase the total system cost
helping the State meet its greenhouse
The Australian Government’s CCS Storage gas emission reduction targets while by the International Energy Agency as by a factor of two to seven times.
Atlas has identified the Surat Basin as maintaining jobs and investment in the a ‘key technology’ in reducing global
In addition to laying the foundation
a location that potentially has the ideal fossil fuel sector. greenhouse gas emissions. In its World
for commercial-scale onshore CCS in
geology for long-term CO 2 storage at Energy Outlook 2019, the IEA said, “CCUS
Queensland, we believe our CTSCo Project
needs to be more widely deployed in
can provide a technology pathway for
order to capture an annual average of 1.5
Timeline for the CTSCo (Carbon Transfer and Storage Co.) Project materially reducing Australia’s overall
gigatonnes of CO 2 between 2019–2050
carbon footprint.
to put the world on track to meet the
Pre-Final objectives of the Paris Agreement.” In the process it can also potentially
Investment
Decision Plant operation help Federal and State Governments
FEED – Front
Plant A London Imperial College Study,
Feasibility study End Engineering achieve their stated emissions reductions
Design stage
construction published in November 2019, found
Injection project targets and provide a pathway for many
that CCS technologies are essential to
2010–2012 industrial end-use customers to reduce
a transition to a least-cost and reliable
Pre- 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 CO 2 emissions.
feasibility net‑zero electricity system. Excluding CCS
study
EPQ10
appraisal
For more information, visit ctsco.com.au
32 Glencore 2020 Corporate Profile Queensland Glencore 2020 Corporate Profile QueenslandAUGUS T 2020
www.glencore.com.au
@GlencoreAus
facebook.com/GlencoreAUS
Glencore Queensland Ltd
ABN 40 128 115 140
Level 10, 160 Ann Street
Brisbane QLD 4000
D10_GLN3094A_08/20
Australia
T. +61 7 3833 8500
F. +61 7 3833 8555You can also read
