Queensland grants mining lease to Olive Grove coal project

In:

Metals and Mining

Region:

Asia-Pacific

The Queensland government has granted a mining lease for the A$1 billion ($710 million) Olive Downs coal mine being developed by Pembroke Resources. The project is forecast to produce 15 million tonnes a year of saleable coal over a 79-year mine life and generate A$5.5 billion in royalties. The...

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