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One of three fully operational quarries has recently come up for sale.
One of three fully operational quarries has recently come up for sale.

Three quarries, one package deal

Three fully operational quarries, which have provided roadbase, aggregate and sand products to the local and regional market, are being offered for sale as one single offering.
Bells Quarry supplies basalt resources.
Bells Quarry supplies basalt resources.

Scrubby Mountain Quarry, Bells Quarry and Millmerran Sand Quarry are located near Toowoomba in Queensland’s Darling Downs, close to major infrastructure projects including the Toowoomba Second Range Crossing and the Melbourne to Brisbane Inland Rail project.

Ray White Commercial Toowoomba’s Brian Hodges and Paul Schmidt-Lee and Ray White Commercial Queensland’s John Dwyer, on behalf of owner Bland Sand and Gravel Quarries, are seeking expressions of interest for the package deal.

Darren Herdman, a director of InSitu Advisory, a leading advisory consultancy specialising in services to the quarrying, mining and waste management industries, is providing the real estate agency with technical advice on the sale.

According to Herdman, all three quarries on offer are in current working order.

“Scrubby Mountain and Millmerran Quarries are fully operational, with Bells Quarry having been historically worked on a campaign basis,” Herdman told Quarry.

“All three quarries have the relevant development approvals and operational licences in place to facilitate permissible extraction of the remaining in-situ reserves.”

Millmerran Sand Quarry provides medium and coarse sand products.
Millmerran Sand Quarry provides medium and coarse sand products.

Scrubby Mountain and Bells Quarry both provide basalt resources that produce roadbase and aggregates products, while Millmerran provides medium and coarse sand products.

Scrubby Mountain has a remaining estimated in-situ resource of approximately 5.6 million tonnes, while Bells has a remaining in-situ resource of about one million tonnes.

Millmerran has approximately 1.6 million tonnes of concrete sand and about one million tonnes of fine sand in-situ. All three are being offered on an “as is” basis, including plant, equipment and stockpiles included.

“Under current annual productions, there is sufficient reserves available to sustain future productions beyond 30 years at both Scrubby Mountain and Millmerran Quarries,” Herdman said. 

“There are also additional resources available at each quarry that can be extracted at increased production levels to expand the operations, subject to relevant approvals being in place,” he added.

Expressions of interest are required by Wednesday 15 November, 2017, to the attention of Ray White Commercial Toowoomba’s Brian Hodges or Ray White Commercial Queensland’s John Dwyer.

More reading
Iconic sandstone quarries on the market
Operational quarry could fetch $4m at auction
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Sunday, 22 July, 2018 08:46pm
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