Pembroke Resources

Pembroke Resources is an Australian company that owns the Olive Downs Complex, a large-scale world-class steelmaking coal mine located in the Bowen Basin of Queensland. Over $1 billion has been invested in the Complex, with operations commencing in June 2023. The mine is designed to be a mine of the future, with fully autonomous haulage and drilling implemented from day one, and it sets new standards in embedded ESG practices. The Olive Downs Complex operates in a well-established coking coal area with access to existing infrastructure for power, water, and rail, and it aims to deliver high-quality metallurgical coal of up to 14 million tonnes per annum for more than 70 years. This project is expected to have a significant impact on the local economy, with a construction workforce of over 500 people and an operational workforce of approximately 1,000 people once fully developed. Additionally, it is anticipated to generate around $5.5 billion in royalties for the Queensland Government over the life of the mine. Pembroke Resources is committed to providing workers with opportunities to live in nearby towns and is dedicated to building sustainable futures for the local communities. In terms of investors, the last investment for Pembroke Resources was a $200.00M Private Equity Round investment at 07 May 2014, and the investor was Denham Capital. The company operates in the Energy, Oil, and Gas industries. Overall, Pembroke Resources' Olive Downs Complex stands as a promising venture in the energy sector, with significant investment and potential for long-term impact on the Australian economy and local communities.