Port Waratah Coal Services is celebrating an eight-year extension to the Carrington Terminal lease, from 2024 to the end of 2031.
The decision to continue operations at Carrington aligns with Port Waratah’s expectations of coal industry demand, particularly from South-East Asia, where the need for high-quality Hunter Valley coal remains strong.
It also supports the mining industry, local jobs and the regional economy and community.
Port Waratah CEO Hennie du Plooy said the Carrington Terminal was a key element of their operations.
“It is critical to being able to meet our customers’ needs for terminal capacity and service flexibility now and into the future,” he explained.
“Our expectation of the future demand for terminal services is also consistent with the NSW Government’s policy position, Strategic Statement on Coal Exploration and Mining in NSW, which recognises that coal exports have an important role to play in NSW while there is strong global demand for the product.”
Port Waratah Coal Services has been receiving, stockpiling, blending and loading coal for export at the Port of Newcastle for more than 40 years.
They own and manage the Kooragang and Carrington Coal Terminals, which operate 24/7, and have a combined capacity of 145 million tonnes per annum.
“Port Waratah has always been two things – a pioneer and a partner,” Mr du Plooy said.
“We’re committed to understanding and fulfilling our responsibilities as an employer and community member, as well as meeting our legal obligations.
“We are an unlisted public company working in partnership with more than 25 producers and other service providers in the Hunter Valley Coal Chain.
“And, we’re continuously aiming to improve our environmental performance, contribute to the local economy by buying and employing locally and support sustainability and resilience of the local community though our Community Investment and Partnership Program.”
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