There's A New Kind Of Gold In Them There Pits

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There's A New Kind Of Gold In Them There Pits
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Genex has commenced its main construction works at the Kidston gold mine. It is no small project, linking two water filled pits to create a battery that will stabilise the North Queensland grid

An abandoned gold mine in far north Queensland is set to become the world’s first co-located solar and pumped storage hydropower plant. The 250 MW Kidston Pumped Storage Hydro Project, 270 km northwest of Townsville, is the first pumped hydro power station to be built in Australia in almost 40 years.

“After the Kidston goldmine — at one time Australia’s biggest and richest mine — closed in 2001, only some large excavations and a nearby ghost town remained. With two massive voids in close proximity and a big difference in their elevation, the site makes a promising location for the world’s first co-located solar power pumped hydro storage project.”

Genex Power Ltd acquired the Kidston mine with a fully operable camp infrastructure for accommodation, access to additional fresh water from the nearby Copperfield dam, as well as licenses, access roads and an airfield, a switch-yard, and a 132 kV transmission line from the Queensland government.

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