New Hope Group has finalised a protracted legal battle for stage three environmental approval at its New Acland coal mine project in the Darling Downs region of Queensland.
The Queensland Department of Environment and Science (DES) has granted the application to amend the Environmental Authority (EA) for the project expansion.
The EA includes a significant number of stringent environmental conditions for the project, according to New Hope.
New Hope needs to secure mining leases and an associated water licence from the Queensland government to advance the project.
“This is welcome news for the company and the local community in which the project is located,” New Hope said in an ASX statement.
“Obtaining final approval as soon as possible this calendar year is critical to ensuring the continuity of operations and therefore employment for approximately 300 employees and 500 contractors currently engaged at the New Acland mine.”
The decision came through after the Coordinator General approved to amend the Land Court’s noise limit conditions for the mine in February.
Stage three of New Acland is expected to increase annual production to 7.5 million tonnes and generate $7 billion in economic activity over the expected 14 year life of the project.