Company Overview
Aston Resources is an independent Brisbane-based coal company that owns and is in the process of developing the Maules Creek coal development project.
Maules Creek is considered to be one of only few remaining “Tier 1” undeveloped coal assets in Australia. Maules Creek is located in the Gunnedah Basin of New South Wales and contains a large delineated resource of over 600Mt, capable of supporting a large-scale open-cut mining operation for more than 20 years. With 321MT of Marketable Reserves, Maules Creek is one of the largest coal deposits in Australia.
Maules Creekâs production mix is expected to comprise a majority of metallurgical coal (semi-soft coking coal and high volatile PCI coal) and also premium export thermal coal. Due to the high quality and versatility of its raw coal, Aston Resources will be able to optimise its product mix to respond to changing market demands.
Aston Resources plans to sell the coal produced at Maules Creek into the export market, but has the flexibility to sell a portion of the coal to Australian-based companies seeking high quality coal for blending purposes.