- 1968
- 1977
- 1982
- 1984
- 2001
- 2013
- 2014
- 2018
- 2019
- 2024
Our History
We have a long, proud history of providing stable investment that Australians can count on.
-
1968
Mitsubishi Development was established in Australia
Central Queensland Coal Associates (CQCA) JV was established (Mitsubishi Development had a 15% stake) and CQCA Act was established.
-
1977
Warkworth JV formed
Mitsubishi invested in a Hunter Valley coal mine.
-
1982
Ulan JV formed
Another coal acquisition was made in New South Wales.
-
1984
Clermont JV formed
Mitsubishi added another Queensland coal mine to its portfolio.
-
2001
The BHP Mitsubishi Alliance formed
Mitsubishi Development became a 50% owner of several steelmaking coal mines in the Bowen Basin as well as an export terminal in Mackay.
-
2013
BMA's Daunia mine opened
Daunia became operational with a mine life of 30 years.
-
2014
BMA's Caval Ridge mine opened
Caval Ridge became operational with a mine life of 30 years.
-
2018
50 years of investment in Australia
Mitsubishi Development celebrated the 50 year anniversary since its establishment.
-
2019
Optimisation of portfolio
Mitsubishi Development optimised its portfolio through the divestment of its iron ore and energy coal interests.
-
2024
BMA announces completion of divestment
Whitehaven Coal completes purchase of BMA’s Blackwater and Daunia mines on 2 April 2024.