Wollongong Coal Limited (ASX Code: WLC) is an Australian mining business which owns and operates Russell Vale Colliery and Wongawilli Colliery in the Southern Coalfields Region of New South Wales.
Jindal Steel and Power Limited (JSPL) has recently acquired a majority controlling stake and management control of Wollongong Coal. JSPL, listed on the Indian Stock Exchange, is an international steel and power company with operating steel capacity of about 7 Mtpa and power generation capacity of about 2500 MW. The majority of Wollongong Coal’s production is sold to JSPL.
Originally known as South Bulli, Russell Vale Colliery is one of the oldest operating coal mines in Australia, its origins dating back to 1887. It is located approximately 10 km north of Wollongong and approximately 60 km south of Sydney. The mine is spread over 6,421 hectares and comprises three coal seams, the Bulli, Balgownie and Wongawilli seams.
Wongawilli Colliery is located approximately 15 km south-west of Wollongong and 80 km south-west of Sydney with the mine’s history dating back to 1916.
Wollongong Coal’s mines are ideally situated in close proximity to the Port Kembla Coal Terminal, with Wongawilli Colliery having direct rail access to the port.