One of Queensland’s historic coal operations, the Wilkie Creek open-cut coal mine, is slated to reopen after attracting substantial new investment from Blackbird Capital.
Relaunched as Dalmore Resources, the mine’s reopening will deliver new jobs and renewed demand for local businesses in Dalby.
The Wilkie Creek coal mine is known for its strategic importance to Queensland the national resources sector.
The mine has historically produced a run rate of 2.6 million tonnes per annum.
The mine closed in 2014 until New Wilkie Energy acquired it in 2021 with plans to revitalise the mine.
However, the operator was placed into administration in December 2024, placing the mine’s reopening in jeopardy.
Hall Chadwick worked with Nathan Boom and guided the mine through a complex voluntary administration, deed of company arrangement (DOCA) and receivership.
Blackbird Capital committed to financing Dalmore’s operations and ended the DOCA.
Stewart Wilkinson, Managing Director of Blackbird Capital said: “Blackbird Capital is committed to financing Dalmore’s ongoing operations and future development, ensuring the mine is positioned to realise its full potential.
“It’s a demonstration of our confidence and belief in the business plan that Blackbird Capital has also become a shareholder, aligning our interests with the strategic vision for Dalmore’s regeneration.”
Dalmore is well placed to meet global energy demands, amid increasing discussions around energy security and long-term supply requirements.
Recent analysis suggests that fossil fuels will retain a material role in global industry through at least 2056.
Richard Albarran, Managing Partner of Hall Chadwick, said: “Dalmore is not only an important Queensland asset, but a catalyst for renewed regional investment and international engagement.
“With Blackbird’s backing and a clear operational strategy, the mine is well-placed to deliver strong economic contributions locally while meeting emerging global market needs.”