Through wholly owned entities, DBI owns a 100% interest in the 99 year lease (comprising a 50 year lease with a 49 year option) of DBT, the world’s largest export metallurgical coal facility.
DBT was constructed by the Queensland Government and commenced operations in 1983. DBT has operated continuously since that time. The foundation customers of DBT were Rio Tinto, Glencore, Anglo American and BHP Mitsui (BMC). Since commissioning, DBT has been expanded over seven different phases from its original capacity of 14.55Mtpa in 1983 to its current Nameplate Capacity of 85Mtpa in order to facilitate the increase in exports from central Bowen Basin mines.
Today, DBT’s User portfolio includes a diversified list of some of the world’s leading global mining companies and highly experienced coal producers. DBT is a multi-user export terminal located within the Port of Hay Point, approximately 38km south of Mackay and 900km north of Brisbane. The DBT supply chain is capable of handling up to 84.2 Million tonnes per annum (Mtpa) of coal.
DBT services mines in the Bowen Basin, a 60,000 square km region in central Queensland that is the world’s largest metallurgical (or met) coal export region. Metallurgical coal is used for steel production. DBT supports mines in the Bowen Basin to provide a reliable supply of metallurgical coal to steel producers in export markets. DBT is the lowest cost multi-user export pathway for mines located in the central area of the Bowen Basin on average.
Approximately 80% of coal shipped through DBT in 2019 was metallurgical coal.. DBT is a critical link in the global steelmaking supply chain. Steel is the second largest global commodity market and is used extensively in a broad range of industrial applications due to its affordability, strength and versatility, including construction, infrastructure, transport, manufacturing and consumer durables.
DBT is the world’s largest metallurgical coal export facility and handled 15% of global export metallurgical coal volumes in 2019. Coal handled by DBT is exported to over 25 countries, with core markets comprising China, Japan, Korea, Taiwan and India.
Services at DBT are currently subject to regulation by the Queensland Competition Authority (QCA), Queensland’s independent economic regulator. DBT’s services are declared under the Queensland Competition Authority Act 1997 (QCA Act) and subject to a third party access regime which provides a framework for setting the terms and conditions upon which access to DBT is provided.