We operate the Bengalla Mine in New South Wales and the New Acland Mine in southeast Queensland, with coal primarily exported to customers in Asia. Our agricultural enterprises are located near our coal mines.
Founded in Ipswich in 1952, we’ve grown from humble beginnings to directly employing more than 900 people and providing work to many more contractors and suppliers.
The parent company, New Hope Corporation Limited, has been listed on the Australian Securities Exchange (ASX) since 2003.
Vision & Purpose
Coal. Energy. Agriculture.
Responsibly. Reliably.
Values
Integrity
We are ethical, honest and trusted to do the right thing.
Respect
We listen and treat others as we expect to be treated.
Responsibility
We are empowered and accountable for our actions.
Wellbeing
We all seek to prevent harm, promote safety and enhance health.
Resilience
We are adaptable and see opportunity in change.
Collaboration
We work together and focus on the best outcome.
Strategy
Our strategy is to safely, responsibly and efficiently operate our low-cost, long-life assets, with a focus on disciplined capital management, providing valuable returns to our shareholders.
Our business explained
Our core business is Coal. Our origins, our people’s skills and capabilities and most of our assets and business activities are in coal. We operate and invest in coal mines in Queensland and New South Wales and we operate a coal port terminal in Queensland.
We operate within and understand the Energy sector. We supply coal to domestic and international customers and we produce and supply energy products from our oil and gas business.
We own and operate Agriculture on the land surrounding our coal mines. Agriculture complements our core business. It deepens our connection with our communities, provides additional local employment opportunities and enhances land management and use.
We operate Responsibly as stewards of the environment, our land, assets, and shareholder funds while navigating and contributing to the global energy transition. We understand and seek to always fulfil our responsibilities to our people and our communities.
We operate Reliably. Our customers rely on our products to produce secure, essential energy which supports their standards of living and economic development opportunities. We are longstanding members of our communities, providing reliable employment, training and procurement opportunities.
Our people
Our people are fundamental to our success. We aim to foster a culture that reflects our core values – integrity, respect, responsibility, wellbeing, resilience and collaboration – and create safe workplaces where our people are supported to succeed.
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Board & Executive Leadership Team
The Board and Executive Leadership Team oversee strategic planning, project management, governance, and finance to ensure New Hope Group delivers sustainable value now and into the future.
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Corporate governance
Strongly embedded corporate governance policies and practices are essential to building trust and creating long-term shareholder value. Our Enterprise Governance Framework sets out the roles and responsibilities of the Board and Management for oversight and monitoring of strategy, performance, reporting, disclosure, remuneration, health and safety, risk management and stakeholder engagement.
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Bengalla Mining Company
The Bengalla Mine is located four kilometres south-west of Muswellbrook in New South Wales. The operation is a joint venture between New Hope Group (80%) and Taipower (20%) and produces 10-11 million tonnes of thermal coal per annum.
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New Acland Coal
The New Acland Mine is located 27 kilometres north-west of Oakey in southeast Queensland. Coal production at the recently approved Stage 3 is forecast to be five million tonnes per annum over a projected life of approximately 12-15 years.
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Queensland Bulk Handling
Queensland Bulk Handling Pty Ltd is a wholly-owned subsidiary of New Hope Corporation Limited and operates the Queensland Bulk Handling coal export facility at the Port of Brisbane.
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Bengalla Agricultural Company
Bengalla Agricultural Company is a cattle grazing, and dryland and irrigated cropping operation on 1,100 hectares of land adjacent to Bengalla Mine, near Muswellbrook in New South Wales.
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Acland Pastoral Company
Acland Pastoral Company is a farming, grazing and land management enterprise located near New Acland Mine, north-west of Oakey in Queensland.
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Bridgeport Energy Pty Limited
Bridgeport Energy Pty Limited (Bridgeport) is a wholly-owned subsidiary of New Hope Corporation Limited and operates and holds interests in exploration tenements and petroleum leases in the Cooper Basin (Queensland and South Australia), Surat Basin (Queensland) and Otway Basin (Victoria).
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Other assets
New Hope Group owns or invests in assets including exploration areas near our Bengalla Mine and an investment in Malabar Resources.
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Where we operate
Agricultural operations
Bengalla Agricultural Company
Acland Pastoral Company
Coal mining operations
Bengalla
(80% joint venture, open-cut)
New Acland
Exploration site
North Surat
Bee Creek
Offices
New Hope Group Head Office
(Brisbane)
Oil and gas
Surat, Cooper and Otway Basins
Port facility
Queensland Bulk Handling
Our history
1952
New Hope Group commences operations in Ipswich, Queensland.
1970
Washington H. Soul Pattinson, Farjoy Pty Ltd and Domer Mining Co. Pty Ltd, acquire control of the Group.
1978
New Hope Group purchases Tivoli Collieries including the barge coal facilities and operation.
1979
New Hope Group purchases the Southern Cross and Haighmoor Collieries operations.
1980
New Hope Group dispatches the first export shipment – one of the first companies to successfully obtain trials of Ipswich coal in the Japanese market.
1981
New Hope Group purchases the Rylance Collieries operations.
1982
New Hope Group commences West Moreton mining operations at the Jeebropilly Mine.
1983
Exports commence through Queensland Bulk Handling.
1985
New Hope Group acquires a 40% interest in PT Multi Harapan Utama, commencing 20 years of operations in Indonesia.
1989
Interest is acquired in PT Adaro Indonesia with commercial coal produced in 1992.
1992
West Moreton mining operations expand with New Oakleigh Mine.
1993
New Hope Group wins the Queensland Premier’s Award for Environmental Excellence in the Queensland mining industry.
1994
New Hope Group wins the Queensland Premier’s Awards Commendation in recognition of innovative rehabilitation practice.
1995
New Hope Group purchases Rhonnda Collieries.
1996
New Hope Group’s interest in Multi Harapan is sold to concentrate on Adaro, while a deep-water bulk handling coal terminal facility is developed in Indonesia
1999
New Hope Group acquires the Acland deposit in south east Queensland.
1999
The Group purchases the Oakleigh Collieries.
2002
New Acland Mine is commissioned.
2003
New Hope Corporation Limited lists on the ASX (ASX: NHC).
2005
New Hope Group sells its interests in overseas operations to concentrate on its Australian operations.
2006
The Acland Pastoral Company is established.
2007
New Hope Group acquires the remaining 50% stake in Queensland Bulk Handling.
2009
An initial 25% equity interest is acquired in an exclusive, worldwide, licensed coal-to-liquids technology with Quantex Energy Incorporated.
2010
New Hope Group makes its first acquisition of WestSide Corporation shares.
2011
New Hope Group takes ownership of Northern Energy Corporation.
2012
New Hope Group acquires ownership of Bridgeport Energy – an emerging Australian oil and gas production development and exploration company.
2013
Operations cease at the New Oakleigh Mine.
2015
New Hope Group acquires a 40% interest in Bengalla Mining Company.
2018
New Hope Group acquires controlling interest in Bengalla Mining Company.
2019
Jeebropilly Mine closes with rehabilitation of the site ongoing.
2022
New Hope Group, through a wholly-owned subsidiary, acquires a 15% interest in Malabar Resources Limited.
2022
Churwar Coal Mine becomes the first open-cut coal mine in Queensland to be fully rehabilitated and relinquished, with the Queensland Government accepting surrender of the Environmental Authority and Mining Leases for the site.
2022
The Queensland Government approves New Acland Mine Stage 3.
2023
Queensland Bulk Handling celebrates 40 years of operation.
2024
New Hope Group increases its interest in Malabar Resources to 19.9%.
