Expansion Project
WICET is progressing with the plans to expand the Terminal beyond Stage One works.
Expressions of interest have been received for more than 175Mtpa of coal export capacity from over 20 prospective producers/mines for shipments from an expanded terminal.
This expansion will take place in multiple stages. The first expansion (WEXP1) feasibility study for 32Mtpa has been completed, with a second feasibility study for a similar sized second expansion (WEXP2) expected to be completed in 2012.
Capacity Commitment Deeds for WEXP1 have been executed with Stanmore Coal, Aquila Resources, Cockatoo Coal (as Manager of the North Surat Joint Venture) and Xstrata Coal (as Manager of the Wandoan Joint Venture) allowing the project to proceed towards Financial Close.
