New Hope Coal is an Australian thermal coal-mining company. New Hope's operations include New Acland Mine, Jeebropilly Mine, and Queensland Bulk Handling. New Hope Coal is 61.11% owned by Washington H. Soul Pattinson and is headquartered in Brisbane, Queensland. The company was first listed in 1904. New Hope Coal's current chairman is Robert Millner. The company's CEO was Robert Neale, who retired in 2014. The early 1980s saw the commencement of coal exporting from the Ipswich region, with New Hope being one of the first companies to successfully obtain trials of Ipswich coal into the Japanese market. New Hope's first export shipment, 17,332 tonnes of Bundamba coal, was aboard MV "Floret" which sailed from the Maynegrain grain terminal at Pinkenba on 10 September 1980. Increasing export coal business dictated the need for a dedicated coal terminal, so a joint venture between New Hope and TNT Shipping and Development was formed to develop a coal loading facility at the Port of Brisbane. Queensland Bulk Handling (QBH) was commissioned at Fisherman Islands in 1983. More information...
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