MELBOURNE: A man from humble beginnings in Cameron Highlands is today Australia's wealthiest Malaysian-born with a fortune of A$950mil (RM3.06bil) made from coal mining.
Sam Chong, 68, has kept a low profile and managed to avoid the limelight until last week when the Business Review Weekly (BRW) named him in its "Rich 200" list.
Publicity-shy Chong, a mining engineer, is rarely mentioned in the Australian media and when Bernama phoned him in Brisbane, where he lives, he was reluctant to talk of his success as one of Australia's biggest coal miners.
He also declined to talk of his dedication and hard work and the many years it had taken him to achieve his ambition.
According to the BRW, Chong's ascent to the ranks of Australia's richest illustrates the rapid rise in the price of coking coal used to produce iron from its ore.
Chong owns a substantial share of Jellinbah Resources, which operates two coal mines and is in the process of developing another.
Production has reached eight million tonnes a year but expansions are expected to boost production to 12 million tonnes a year by 2013.
BRW said Chong also benefited greatly from the quality of the ore in his deposits.
Sam Chong, 68, has kept a low profile and managed to avoid the limelight until last week when the Business Review Weekly (BRW) named him in its "Rich 200" list.Publicity-shy Chong, a mining engineer, is rarely mentioned in the Australian media and when Bernama phoned him in Brisbane, where he lives, he was reluctant to talk of his success as one of Australia's biggest coal miners.
He also declined to talk of his dedication and hard work and the many years it had taken him to achieve his ambition.
According to the BRW, Chong's ascent to the ranks of Australia's richest illustrates the rapid rise in the price of coking coal used to produce iron from its ore.
Chong owns a substantial share of Jellinbah Resources, which operates two coal mines and is in the process of developing another.
Production has reached eight million tonnes a year but expansions are expected to boost production to 12 million tonnes a year by 2013.
BRW said Chong also benefited greatly from the quality of the ore in his deposits.
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