Bowen Coking Coal Limited's Broadmeadow East Project in Queensland's Bowen Basin is a major step closer to first production after receiving formal approval from the Queensland State Government for an amendment to the project's existing Environmental Authority. Alongside the existing, granted Mining Lease, this is the final approval required in order to commence mining operations on site. Located around 25km north-east of the coal mining town of Moranbah, Bowen's 100%-owned Broadmeadow East Project is a near term open cut mine with access to infrastructure and a JORC Resource Estimate of 33 million tonnes.

Studies have indicated a run of mine production target of 0.8 million tonnes per annum (mtpa) to 1.1mtpa over a five-to-seven-year period1. Broadmeadow East forms the first planned pit of the expanded Burton Complex which includes the Burton Coal Mine and New Lenton Project. First production will be processed under an infrastructure sharing agreement with Fitzroy (CQ) Pty Ltd, which will fast-track development and minimise the initial capital outlay.

Recent capital raisings have ensured Bowen has sufficient cash resources to fund the commencement of operations3.