Moranbah

Queensland 4744

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WHY MORANBAH?
Highly positively geared
properties with so
much capital growth
potential…
Incididunt ut labore et dolore sed
do eiusmod tempor incididunt ut
labore et dolore magna aliqua.

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NEW MINING VENTURES:
The future of Moranbah and Dysart look very
bright with several new mines and projects
including:

- Olive Downs - Eagle Downs

- Moranbah South - Red Hill
- Vulcan - Isaac River
- The Burton Complex - Winchester South
- Byerwen - Moorlands

Moranbah is the main town within close proximity

to these new mines, and is expected to
experience a large population boom because of
the 1000’s of jobs these mines will bring to the
area, with most of the workforce being sourced
LOCALLY as opposed to fly-in-fly-out.

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New Mines
New Projects
New Ventures
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Some BEHEMOTH projects in our area include:
1. PEAK DOWNS MINE (APPROX. 30km FROM MORANBAH)

Peak Downs have reached their next step to expand their open cut metallurgical
coal mining footprint - producing up to 18 million tonnes of product coal per annum
for approximately 93 years, for steel production. It will include open cut mining, the
construction and operation of new infrastructure and progressive rehabilitation of
the mine site.

With a construction start date of 2026, this project is

expected to create 160 jobs in the construction phase,
with a further 2,400 jobs when in operation!

Peak Downs Mine Continuation project | State Development and Infrastructure

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2. VULCAN MINE (APPROX. 35km FROM MORANBAH)

Creating frenzy amongst the Moranbah locals is the latest big coal player, Vitrinite,
who has already begun mining at its Vulcan mine complex (between Moranbah and
Dysart), with a mining licence allowing a ramp up to two million tonnes per annum.

The privately owned coking coal miner has a portfolio of assets across Queensland’s
Bowen Basin and Vulcan is set to be the be the next in a world-renowned region for
high-quality coking coal.

https://vitrinite.com.au/community/brighter-coal/

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3. NEW ISAAC RIVER COAL MINE (APPROX. 30km FROM MORANBAH)
Plans to approve the new Isaac River Coal Mine:

• Letter received from the Department of Climate Change, Energy, the Environment and
Water proposing to approve the construction and operation of the new Isaac River Coal
Mine (Proposed Action).
• The proposed mine is located 28 kilometres to the east of Moranbah in the Bowen
Basin in Central Queensland.
• Two existing mines, BMA’s Daunia, and Peabody Energy’s Moorvale South mines,
operate adjacent to the proposed mine location.
• The proposed environmental conditions attached to the Proposed Action, have been
accepted in full by Bowen Coking Coal

https://www.investi.com.au/api/announcements/bcb/20b36bc3-7de.pdf

https://www.australianmining.com.au/government-approves-first-coal-mine-since-electi
on/?fbclid=IwAR2SpeZZOvWdI6ozhQZlkJBwBfsiFmiltEVjuEkxKMvrhj8QIIaTdg5MiU0
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4. OLIVE DOWNS (APPROX. 40km FROM MORANBAH)
Pembroke Resources is now producing coal at the $1 billion Olive Downs steel-making coal project in Queensland’s
Bowen Basin – one of the newest and largest mines in Australia. Approximately 960 new jobs will be created, with a
further 500+ jobs in 2027, increasing to 1,300 jobs in 2033, ongoing until around 2050.

When in full scale production, Olive Downs will be one of Australia’s largest producers of steelmaking coal.

The benefit to the Queensland economy and the Central Queensland region will be significant, with the project
estimated to contribute more than $10 billion over the life of mine. The impact of the project is already evident; since
the official opening, Pembroke has engaged over 86 local Central Queensland businesses, including 24 based in
Moranbah, to develop the project.

Importantly, Olive Downs will create more than 1,000 jobs once at full production, with the
majority of those positions to be based within Central and North Queensland.
Pembroke Resources is developing the Olive Downs Coking Coal Project into a world class independent and
large-scale producer of steelmaking coal, delivering high quality coking coal and PCI products to key markets
including Japan, South Korea and India.

This mine will be the third largest in Queensland and is predicted to have an 80-year life span.

https://www.pembrokeresources.com.au/olive-downs/ 8
4. THE BURTON COMPLEX (APPROX. 42km FROM MORANBAH)
The Burton Complex officially opened in May 2023 and expects to create
approximately 500 new jobs…
https://www.northqueenslandregister.com.au/story/8184326/two-major-queensland-coal-min
es-reopen/

https://statements.qld.gov.au/statements/97673

https://www.bowencokingcoal.com.au/

https://static1.squarespace.com/static/5975723c86e6c00ea1114097/t/639151300c6cdb32a0b
11160/1670467890568/Oz_Coal_3+Dec+22.pdf

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5. WINCHESTER SOUTH (APPROX. 30km FROM MORANBAH)
Winchester South is a proposed new open-cut coal mine in Queensland’s Bowen Basin. It will produce a primary
metallurgical coal product to make steel and a secondary thermal coal product for energy generation – and
create about 500 construction jobs and 500 operational jobs.
At full capacity, the mine is targeting run-of-mine (ROM) production of up to 17 million tonnes per annum to supply
the international market for about 30 years.

Located 30km south-east of Moranbah, the project will involve the construction of a coal processing plant and a rail
loop to connect with the existing Bowen Basin coal rail network. As it is in a well-established coal region, the site
has direct access to key rail and port infrastructure, providing multiple coal export options.

The project has been declared a Coordinated Project by the Queensland Government, recognising the potential
strategic significance of the project locally, regionally and to the state of Queensland more broadly.

https://whitehavencoal.com.au/our-business/our-assets/winchester-south-with-hys/

https://www.statedevelopment.qld.gov.au/coordinator-general/assessments-and-approval
s/coordinated-projects/completed-projects/winchester-south-project 10
Our Coal

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 Our hard coking coal is used for STEEL MAKING and is of the
highest grade IN THE WORLD - and we have one of the largest
coal reserves in the world right here!
Metallurgical (coking coal) is more scarce and valuable than thermal coal, so in practice
metallurgical coal is rarely used to generate electricity.
OUR COAL IN
MORANBAH AND
DYSART IS
METALLURGICAL COAL
(COKING COAL) AND IS
Metallurgical/Coking Coal THE HIGHEST GRADE
There is no viable
IS AN COKING COAL IN THE alternative to using
UN-SUBSTITUTABLE WORLD.
INGREDIENT IN THE coal in large-scale
IT IS USED FOR STEEL
PRODUCTION OF STEEL. production of steel.
MAKING.

Steel is an essential material that underpins almost every aspect of modern industry and society.
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Coal prices have SURPASSED the prices we saw in the 2012 boom.
Coking coal is usually bituminous-rank coal with special qualities that are needed in the blast
furnace. While an increasing amount of steel is being recycled, there is currently no
technology to make steel at scale without using coal. Prime coking coals are usually more
expensive than other coals, e.g., steam coals, and are becoming less readily available.

Coking Coal —Fueling the Future

Metallurgical coal, or met coal, serves as the backbone for various forms of steel production. With variants like
hard coking coal to semi-soft and pulverised coal for injection (PCI), each serves its unique role in steel
production. Unlike thermal coal, used mainly for electricity, met coal distinguishes itself through higher
carbon content, lower ash, and reduced moisture levels.

Coke for Steel — Steel is vital for modern living, providing the foundation for healthcare, telecommunications,
agriculture, and much more. Coking coal serves as the essential carbon source for iron reduction, making it
indispensable in steel manufacturing.

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Where are the largest
mines in Australia
located?
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ANSWER:
MORANBAH!

Right: A map of the mines in the

vicinity of Moranbah and Dysart.

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1. The PEAK DOWNS Coal Mine is located in between Moranbah and Dysart and is
THE COUNTRY’S BIGGEST COAL MINE BY RECOVERABLE RESERVES.
The open-pit mine has been producing high-quality hard
coking coal since 1972
and has a mine life of 38 years (as of 1st January
2021). FURTHERMORE, WITH THE EXPANSIONS
(MENTIONED ABOVE ON PAGE 5) APPROVED, THIS
WILL ADD AN ADDITIONAL 90+ YEARS TO THE
LIFESPAN OF THE MINE.

It has been owned and operated by Australia’s

biggest coal producer and exporter BHP Billiton
Mitsubishi Alliance (BMA), a joint venture between
BHP Billiton and Mitsubishi since 2001. Peak Downs is currently Australia’s biggest coal mine
(Credit: Flickr/Beyond Coal & Gas Image Library)
Peak Downs is one of the seven coal mines
operated by BMA in the Bowen Basin.
https://miningdataonline.com/property/295/Peak-Downs-Mine.aspx#Documents
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2. The GOONYELLA RIVERSIDE Mine is located 27km from MORANBAH
AND IS AUSTRALIA’S THIRD-BIGGEST MINE.

It is an open-cut metallurgical (coking) coal mine with its major markets being
Japan, South America, Korea, India, Europe, Taiwan and South Africa.

The mine was opened in 1982 andhas a mine life of approx. 31 years (as of 1st
January 2021).

https://miningdataonline.com/property/293/Goonyella-Riverside
,-Broadmeadow-Mine.aspx#Production

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3. SARAJI COAL MINE is yet another deposit located in the Bowen Basin.
Just 62km from Moranbah and in close proximity to Dysart, IT IS THE
WORLD’S 10TH BIGGEST BY RECOVERABLE COAL RESERVES!

Its multi-seam, open-cut mine has been producing up to 10Mt a year of high-quality
metallurgical (coking) coal for export markets since 1974 and is operated by BMA.
It has a mine life of approx. 31 years (as of 1st January 2021).

https://miningdataonline.com/property/296/Saraji-Mine.aspx

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JOBS GALORE:
(CLICK ON LINKS BELOW):

https://statements.qld.gov.au/statements/92656

https://www.pembrokeresources.com.au/wp-content/uploads/2023/02/OLIVE-DOWNS-COMP
LEX-08-FEB-2023-SHELDON-BRIDGE-OPENING-BK-BT-V11_Final_Clean.pdf

https://www.australianmining.com.au/news/pembroke-gets-olive-downs-moving/

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Understanding
the market

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Locals have seen rents soar from $500 per week to surpass an astronomical
$4,400 per week in the 2012 boom and are anxious the same may lay ahead
because of the enormous amount of new mining activity already taking off. In the
same year, house prices went from $300,000 to more than $1,000,000.

For this reason, we are seeing many locals buying now to secure their future and
more and more investors taking notice of Moranbah and Dysart. Furthermore,
because most camp accommodation is full, many companies and contactors are
wanting to secure long leases on rental properties so they can accommodate their
Skill A 90%

Skill B 85%

workers… renting a property is most often more economical for companies and
Skill C 83%

Skill D 65%

contractors, rather than putting their employees in camp accommodation at a rate

of $150+ per person per night. 21
FUN FACT: SINCE NOVEMBER 2017 THE
MEDIAN SALE PRICE FOR HOUSES IN
MORANBAH HAS INCREASED BY 100%

Skill A 90%

Skill B 85%

Skill C 83%

Skill D 65%

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 ECONOMIC GROWTH
With our economy well on the way
up, it appears NOW is the absolute
best time to buy for investors.
Potential for quick capital gains is
predominant with the “property
clock” now ticking away in what is a
rapidly rising market.

90%

Median Sale Price of houses since 2012 23

 MARKET TRENDS & GROWTH: MORANBAH
Median Sale Price of houses since November 2019 Median Sale Price of houses since November 2017

Skill A 90%

Skill B 85%

Skill C 83%

Skill D 65%

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MARKET TRENDS & GROWTH: MORANBAH
Number of house sales since November 2021 Median Sale Price of houses since November 2021

Skill A 90%

Skill B 85%

Skill C 83%

Skill D 65%

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MARKET TRENDS & GROWTH: MORANBAH

Skill A 90%

Skill B 85%

Skill C 83%

Skill D 65%

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 WHAT ABOUT RENTALS? …

CURRENT VACANCY RATE IN

90%

85%

BOTH MORANBAH AND

65%

DYSART <1%

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Nearly 80% of the population in Moranbah are renting. Nearly all of the Mining Camps in
Moranbah and Dysart are full and mining companies and contractors are having to rent houses
which is causing a demand in rentals and an increase in rental prices. This is what forced prices up
drastically in the 2012 boom… when rents increase = sales prices increase.

Approximately 21% of the residents of Moranbah are

owner-occupiers and approximately 79% are tenants. 28
Our Town

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 A BIT ABOUT MORANBAH:
The size of Moranbah is approximately 3,041.2 square kilometres. It has 40 parks covering
nearly 0.6% of total area. The population of Moranbah is primarily made up of young
families, with the predominate age group 0-49 years.

Over 40% of the population have a household income in excess of $130,000, and 27.3% have
an income greater than $78,000.

Currently the median sales price in Moranbah is $330,000.

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Our Services

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As well as direct flights to and from Brisbane to Moranbah, our services within town include
but are not limited to:
- Hospital - Coles Supermarket - Numerous motels
- 2 x Medical Centres - Air-conditioned indoor shopping - Community Centres
- Allied health services centre - Well equipped parks and playgrounds
- 2 x Dental Centres - Shopping mall - A wide range of sporting clubs and
- Playgroups - A variety of businesses and stores sporting facilities including Golf Club,
- Various Day Care Centres - A multitude of fast food chains Tennis Club, Lawn Bowls, AFL and
- 3 x Schools - 2 x Dance Centres Football Clubs, Sporting and Fitness
- Post Office - An Arts Centre Centres, a Boxing Club, Volleyball and
- Library - Airport with direct flights to Brisbane Squash, various gyms and more

Due to Moranbah’s locality within the region, the town is also central to a lot of great places to visit and things to do. 32
Disclaimer: In preparing this information we used our best endeavours to ensure this information contained herein is true and accurate but
accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. It is
recommended that Prospective Vendors, Purchasers, Tenants and other should make their own enquiries to verify the information contained
herein and conduct their own due diligence as we will not make any guarantees in relation to the information provided. The accuracy of any
information from third party cannot be guaranteed and Infinity Property Specialists and its employees cannot be held responsible for any
inaccurate details supplied.

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