Wiggins Island Coal Export Terminal

What Wiggins Island Coal Export Terminal does

Wiggins Island Coal Export Terminal Pty Ltd (WICET) is an industry-owned, privately-funded coal export terminal located at Golding Point, Port of Gladstone, Queensland, Australia. It was established as the first Queensland coal export terminal developed without government funding, structured as a proprietary company under the Corporations Act 2011 (Cth) and owned by a three-shareholder consortium comprising Glencore, Coronado Curragh, and Yancoal.

The terminal is a greenfield facility with an annual nameplate throughput capacity of 27 million tonnes per annum (Mtpa), expandable to approximately 120Mtpa when fully developed. Its core technology stack comprises a rail-in unloading system capable of discharging trains up to 2,500 metres in length at 9,200 m3/hr (6,900-8,250 tph), a 5.6 km overland conveyor, a 12-pile stockyard providing 1.85 Mt of on-ground storage with 6,900 tph reclaim rate, outloading blending capability to 10% component accuracy, and offshore shiploading rated at 8,250-8,500 tph capable of loading cape class vessels up to 220,000 dwt from a wharf located approximately 2 km offshore. The terminal serves coal producers in the Surat and southern Bowen Basins who hold mining tenure with rail connections to Gladstone.

WICET monetizes access to this infrastructure through two primary contractual mechanisms: long-term Take or Pay Agreements (currently 13.9Mtpa allocated) providing guaranteed revenue regardless of usage, and short-term Third Party Shipper Agreements for surplus capacity (13.1Mtpa available). Terminal handling charges operate on a cost-recovery basis to support the competitiveness of the Queensland coal export industry, with vessel charges published separately in the FY27 Vessel Charges document. Go-to-market is direct enterprise field sales under a formal Terminal Access Policy; the company employs 51-100 staff across a Brisbane corporate office (Level 6, 199 George Street) and a Gladstone terminal site. WICET operates as a non-listed private infrastructure company and does not publicly disclose revenue.

Name

Wiggins Island Coal Export Terminal

Legal name

Wiggins Island Coal Export Terminal Pty Ltd

Website

https://wicet.com.au

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Short description

WICET is an industry-owned, privately-funded coal export terminal at the Port of Gladstone, Queensland, providing 27Mtpa throughput capacity (expandable to ~120Mtpa) to Surat and southern Bowen Basin coal producers via long-term Take or Pay and short-term Third Party Shipper Agreements, owned by Glencore, Coronado Curragh, and Yancoal.

Ownership category

akta.pro rank

Product category

Coal Export Terminal Services

SIC

Railroad Switching & Terminal Establishments (4013)

akta.pro primary industry

Coal & Coke Terminals (TLAHABAC)

akta.pro secondary industries

Coal Handling, Stockpiling & Loadout Terminals (IMAKAIAI), Coal Logistics & Transportation (Rail, Barge, Truck, Port Interface) (IMAKAIAJ), Coal & Coke Transport (TLADAKAF)

Keywords

• Coal export terminal
• Port logistics services
• Bulk cargo handling
• Terminal capacity allocation
• Coal shipping infrastructure

Headquarters

HQ city

Brisbane

HQ country

Australia

HQ region

Oceania

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Take or Pay Agreements: Long-term Take or Pay (ToP) agreements with coal producers. Currently 13.9Mt of annualised capacity allocated under these agreements, providing guaranteed revenue regardless of actual usage.
2. Third Party Shipper Agreements: Short-term capacity available under Third Party Shipper Agreement for surplus capacity (currently 13.1Mtpa available).
3. Terminal Handling Charges (Cost Recovery): Terminal handling charges based on cost recovery basis to assist competitiveness of Queensland coal export industry.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

WICET operates a greenfield, industry-owned coal export terminal at Golding Point in the Port of Gladstone, providing 27 million tonnes per annum of capacity (expandable to ~120 Mtpa) for Surat and southern Bowen Basins coal producers. The terminal provides integrated rail-to-ship coal handling — rail unloading, overland conveying, stockpiling, and offshore shiploading for vessels up to cape-class 220,000 dwt — under cost-recovery-based terminal handling charges governed by long-term Take or Pay Agreements and short-term Third Party Shipper Agreements.

Product overview

Wiggins Island Coal Export Terminal (WICET) is a single-purpose coal export terminal operated as an industry-owned, privately-funded facility at the Port of Gladstone, Australia. The terminal consists of integrated Coal Export Terminal Operations (rail unloading, stockyard, and shiploading facilities) and Terminal Access Services (capacity allocation and management). Owned by a consortium of Glencore, Coronado Curragh, and Yancoal, the terminal provides 27Mtpa of export capacity with expansion potential to 120Mtpa.

Differentiator

Problem solved

Functional benefit

Products and services

• Coal Export Terminal Operations Integrated coal handling service delivered at WICET's greenfield Golding Point terminal in the Port of Gladstone, providing 27 Mtpa of coal export capacity expandable to approximately 120 Mtpa. The service covers rail train unloading (up to 9,200 m3/hr), 5.6 km overland conveying, 1.85 Mt on-ground storage, and offshore shiploading at 8,250 tph for vessels from gearless handimax (40,000 dwt) through cape-class carriers (up to 220,000 dwt). Customers are Gladstone Coal Producers exporting thermal and metallurgical coal from the Surat and southern Bowen Basins.
• Terminal Access Services Capacity allocation service administered under WICET's Terminal Access Policy for Gladstone Coal Producers holding specified mining tenure with rail connections to the Port of Gladstone. Long-term capacity is contracted under Take or Pay Agreements (currently 13.9 Mt of annualised capacity allocated), while short-term capacity is offered under Third Party Shipper Agreements (13.1 Mtpa of surplus currently available). Pricing is set on a cost-recovery basis, billed under multi-year contracts, with separately published vessel charges.

Quantifiable outcome

• 27Mtpa throughput capacity with expansion potential to ~120Mtpa
• +4 more outcomes

Named customers3 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Nine partnerships are on record, tiered moderate and minor.

• Gladstone Mutual Aid GroupmoderateOthersWICET is a member of the Gladstone Mutual Aid Group, consisting of representatives from a number of industrial sites in Gladstone. This group provides mutual aid and cooperation among industrial facilities in the region for safety and emergency response purposes.
• Maritime Safety Queensland Safety ForummoderateOthersWICET participates in Maritime Safety Queensland's Safety Forum, a monthly meeting chaired by the Regional Harbour Master and attended by proponents of the Gladstone Harbour. Focus on maritime safety coordination.
• Gladstone Healthy Harbour PartnershipminorOthersParticipating member of the Gladstone Healthy Harbour Partnership, focused on monitoring and maintaining harbour health.
• Port Curtis Integrated Monitoring ProgramminorOthersParticipating member of the Port Curtis Integrated Monitoring Program for environmental monitoring of the port area.
• The Australian Coal Terminals NetworkminorOthersParticipating member of the Australian Coal Terminals Network, an industry group for coal terminal operators in Australia.
• Gladstone Air Quality Community GroupminorOthersParticipating member of the Gladstone Air Quality Community Group focused on air quality monitoring in the region.
• Gladstone Healthy Air InitiativeminorOthersParticipating member of the Gladstone Healthy Air Initiative for air quality management.
• Gladstone Port Welfare CommitteeminorOthersWICET participates in the Gladstone Port Welfare Committee.
• Port Security Working Group (Port of Gladstone)minorOthersWICET participates in the Port Security Working Group for the Port of Gladstone.

Scale indicators8 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Aurizon: Australia's largest rail freight operator and primary haulier of coal from the Bowen and Surat basins to Gladstone ports including WICET. Functions as the key landside logistics partner/dependency for WICET's terminal throughput.
• BMA Hay Point Terminal: BHP Mitsubishi Alliance's integrated metallurgical coal export chain including the Hay Point terminal. A broader incumbent in the Bowen Basin export corridor, offering competing capacity to the same producer base that WICET serves.

Direct peers

• Dalrymple Bay Coal Terminal: Major Queensland metallurgical/thermal coal export terminal at the Port of Hay Point. Comparable privately-developed coal export infrastructure serving Queensland producers with similar rail-to-ship stacking, blending, and shiploading functionality.
• Port Waratah Coal Services: Operates the Hunter Valley coal export terminals at Newcastle, the largest coal export infrastructure in Australia. Comparable asset class (rail-in, stockpile, ship-out coal terminal) with similar long-term Take or Pay capacity contracts with producers.
• Barney Point Coal Terminal: Historical coal export terminal also located at Golding Point / Port of Gladstone. Provides direct local competitive context for WICET's catch of Gladstone coal volumes, though operations have been wound down in recent years.
• Abbot Point Coal Terminal: Coal export terminal in the Bowen Basin region of Queensland (Bowen/Galilee basin catchment). Comparable Queensland coal export infrastructure serving regional producers with a similar operating model.
• Newcastle Coal Infrastructure Group (NCIG): Privately-funded, producer-owned coal export terminal at Newcastle. Closest analogue to WICET's industry-funded, government-free delivery model, with similar Take or Pay agreement structure and shareholder-customer alignment.
• RG Tanna Coal Terminal: Adjacent coal export terminal at the Port of Gladstone operated by BMA, with combined capacity well above WICET's 27Mtpa. Direct competitor for Surat and southern Bowen Basin coal flows and operates a similar rail-to-ship export model at the same port.

Others

• Yancoal Australia: One of WICET's three shareholders and a major Bowen Basin coal producer. Comparable as both owner and customer, with material influence on capacity utilization and the long-term volume base of the terminal.
• Glencore (Coal Assets): One of WICET's three shareholders and a major Surat/Bowen Basin coal producer. Directly relevant because Glencore's mine throughput determines ToP-utilization at WICET, and any Glencore divestment would impact both ownership and contracted capacity.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/wiggins-island-coal-terminal-pty-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Wiggins Island Coal Export Terminal