Wiggins Island Coal Export Terminal Pty Ltd (WICET) brings together some of the most experienced bulk commodity ports industry users and operators under one banner.
WICET’s is owned by a consortium of Australian and international resources companies, namely:
1. Aquila Resources2. Glencore3. New Hope Group4. Coronado Curragh5. Yancoal
WICET provides 27 million tonnes per annum of new export capacity from the Port of Gladstone. The terminal can expand to a total of approximately 120 million tonnes per annum of long-term export capacity from the existing site when fully developed.
The industry-owned and privately funded delivery model is a first for Queensland which facilitates the timely development of important coal transport infrastructure without the need for government funding.
Terminal handling charges are based on a cost recovery basis to assist the competitiveness of the Queensland coal export industry.
WICET aligns with the Queensland Ports Strategy and UNESCO recommendations for new port developments, and is making a significant contribution to Gladstone through the provision of local employment opportunities and community initiatives.