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Apr

MINERAL DEVELOPMENT LICENCE 455 FOR WARATAH COAL PROJECT

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Waratah Coal Pty Ltd (“Waratah Coal” or the “Company”), an exploration and coal development company, has lodged an application for a Mineral Development Licence (MDL) for the ‘Galilee Coal Project, Northern Export Facility’.

The Galilee Coal Project is located in the undeveloped Galilee Basin in Central Queensland. The $8 billion Galilee Coal Project includes a large scale thermal coal mine near Alpha, west of Emerald. The complex will include four underground mines, two surface mines and associated coal handling and processing facilities. The mine will be linked to a new coal terminal at Abbot Point near Bowen by a new 471km standard gauge, heavy haul railway line. The mine and associated infrastructure will create 6,000 jobs during construction and 1,500 during operation.

The project tenements cover some 15,000 sq km with a strike extent of approximately 220km and down dip extent of approximately 80km. Read more