Boral Strategic Update and Developments
BORAL
Operational life case study 1:
LYSTERFIELD QUARRY, VICTORIA
Removing the staging sequence to maximise extraction and minimise costs
Background
Operational Life
Under Lysterfield Act 1986 quarry operations commenced
May 1986 for 50 year term expiring 5 May 2036
Key activities
2018: with extraction within Stage 1 of quarry almost
complete, an application to remove sequence of staging is
submitted to The Minister of Resources
• Dec 2018: Department approved removal of staging
sequence without need to amend the Lysterfield Act 1986
Benefits
•
Optimising quarrying and underlying geology (freeing up
5m tonne of resource)
Enables ongoing extraction without relocating plant, which
has useful life of 15+ years and replacement cost of $50-60m
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Operational life case study 2:
DUNMORE QUARRY, NSW
Securing adjacent land and new approvals to extend resource positions
•
Background
Operational Life
Quarry reserves diminished faster than anticipated due to increased
demand
• Additional resource identified west of existing site
•
•
Key activities
2016: 225 ha of lands purchased from neighbouring farmer.
Approvals process to secure additional 34m tonnes of reserve
2017: approval secured and quarrying commences in new area,
extending reserve life by up to 20 years
Benefits
• Dunmore Quarry is Boral's second largest quarry, approved for
2.5m tonne pa via rail and/or road
BORAL
•
Secures raw material for downstream concrete and asphalt businesses
38View entire presentation