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Issue 56
BATCHFIRE RESOURCES

On a trajectory of expansion, Batchfire Resources is the low-fugitive emission energy coal producer pursuing plans for Net Zero
Innoquest Diagnostics moves forward as one in pursuit of transformative healthcare. Ginny Foo, CEO, gives us the details
RESOURCES
FOR A SUSTAINABLE FUTURE
On a trajectory of expansion, Batchfire Resources is the low-fugitive emission energy coal producer pursuing plans for Net Zero. We explore a community-centric company culture with CEO, Allan Fidock
Writer: Marcus Kääpä | Project Manager: Kyle Livingstone
2 | APAC Outlook issue 56
BATCHFIRE RESOURCES
MINING
It’s an exciting time to be in Australian coal mining.
Earlier this year, the federal government’s Resources and Energy Quarterly report forecast that Australian coal would soon become the second commodity to surpass AUD$100 billion in annual exports.
In the corridor of central Queensland’s Callide Valley, one company poised to exploit this dynamic market shift is energy coal producer, Batchfire Resources (Batchfire).
Allan Fidock, CEO, Batchfire Resources
“The export market at the moment is extremely solid in terms of pricing, and is reaching historical highs,” opens CEO, Allan Fidock.
After stepping into the role just eight months ago, Fidock is set to ensure that the company is positioned to leverage these extremely favourable market conditions.
Following the discovery of bituminous coal deposits on these resource-rich lands in 1890, the Callide Mine has been in operation since 1944, before Batchfire became owners of the Callide Basin resource in November 2016.
Located 120 kilometres southwest from the Port of Gladstone, the operations of the mine are intrinsically linked to the livelihood of the Biloela township and Banana Shire as the beating heart of the local community. Batchfire is the Callide Valley’s largest employer and the mine is a catalyst for regional prosperity, driving the local economy, forming partnerships and creating a culture of local participation.
With the basin spanning over 16,000 hectares, the Batchfire tenure boasts a significant estimated resource potential of 1.07 billion tonnes of coal. Using conventional open-cut mining methods, the mine’s low-sulphur energy coal plays a significant role in domestic power generation, alumina refining, and international electricity generation.
Aside from the export segment, Batchfire’s open-cut energy coal operation is a vital source for its neighbouring power stations – Callide B and Callide C, owned by CS Energy. On an annual basis, Batchfire provides up to six million tonnes of ultralow sulphur, low fugitive emission energy coal to these power stations, helping to keep the lights on across Queensland and beyond.
These domestic markets are a crucial component of the Batchfire portfolio. While renewable sources play an increasing role in delivering Australia’s energy needs, coal remains a vital source of electrical power, providing 75 percent of Australia’s total electricity supply in 2020 alone.
APAC Outlook issue 56 | 3
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