When establishing the Terminal 4 Project Approval, Port Waratah worked with government, rail providers, and coal producers to create a smarter and more efficient system to meet future coal demands – the Hunter Valley long term commercial framework.
At the time, a master plan for Terminal 4 was developed to provide a solution for capacity demands based on industry forecasting for the Port of Newcastle. Planning and development is dependent on the global demand for coal and our capacity to deliver against this, including increase and decline. This master plan has been shaped to ensure a “surplus of benefit”, which means the final outcome of this project will have more positive economic, social and environmental benefits than negatives.
A constant commitment to planning, adjusting and optimising helps ensure Port Waratah is placed in the best position to support its stakeholders. The original master plan allowed for a capability to handle 120 million tonnes per annum (mtpa) throughput. Since the original plan was lodged with the Department of Planning and Environment, it has been reviewed and adjusted due to decreases in the world demand for coal. The Terminal 4 plan, approved in September 2015, has a throughput capacity of 70mtpa which, if required, will be constructed in stages according to demand. This means Port Waratah is prepared to meet potential future coal demands. If demand reaches the trigger point to construct Terminal 4 this will provide strong employment opportunities and growth for the region.