“The project has been approved subject to 49 strict conditions to avoid, mitigate and manage impacts to matters of national environmental significance, including water resources,” the government said. PHOTO: FILE
Waratah Coal, on Saturday, welcomed the Australian government’s approval of its $6.4 billion ($5.7 billion) Galilee coal project, as conservationists warned the decision threatened the environment.
The proposed coal mine, rail and infrastructure development in Queensland received approval for its environmental impact statement on Friday.
“The project has been approved subject to 49 strict conditions to avoid, mitigate and manage impacts to matters of national environmental significance, including water resources,” the government said.
Brisbane-based Waratah Coal, which is owned by one of Australia’s richest men and new federal politician Clive Palmer, plans to build a thermal coal mine in the Galilee Basin coal region.
The mine will be linked to a proposed coal terminal at Abbot Point and will create thousands of jobs.
Published in The Express Tribune, December 22nd, 2013.
Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.
COMMENTS
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ