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Future of MMG’s Century operation depends on gas

MMG has advised that sourcing competitively priced natural gas will be critical to avoid complete closure of its near-depleted Century zinc mine in north-west Queensland, which employs about 900 people.

Angela Macdonald-Smith
Angela Macdonald-SmithSenior resources writer
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Chinese-controlled miner MMG has advised that sourcing competitively priced natural gas will be critical to avoid complete closure of its near-­depleted Century zinc mine in north-west Queensland, which employs about 900 people.

Mark Adams , general manager of Queensland operations for MMG, said a tentative plan to convert the remote site to a tailings recovery operation to prolong its life for potentially another 15 to 20 years couldn’t proceed if wholesale gas prices continued to surge.

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Angela Macdonald-Smith writes on the resources industry with a focus on energy, including gas, oil, electricity and renewables. Connect with Angela on Twitter. Email Angela at amacdonald-smith@afr.com

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    Original URL: https://www.afr.com/companies/energy/future-of-mmg-s-century-operation-depends-on-gas-20141016-11cpzw