Fast-track for Evolution hydro project

The Queensland Government’s Coordinator-General has declared Evolution Mining’s Mt Rawdon pumped hydro program as a Coordinated Project.

This confirms the strategic significance of the project in the state and its potential to contribute to the objectives of the recently announced Queensland Energy and Jobs Plan.

Coordinated Project designation is intended to streamline interactions with key State Government departments and agencies, including the preparation of an Environmental Impact Statement (EIS).

At the same time the project team is continuing its engagement with key stakeholders including the local communities and First Nations partners of Mt Rawdon, the Commonwealth and State governments, the North Burnett and Bundaberg Councils, and the Burnett Mary Regional Group, along with the company’s own employees and contracting partners.

The feasibility study for the project is also progressing and is on track for completion by mid-2023.

Evolution’s executive chair Jake Klein said the company was also pleased by the interest shown by potential offtake partners and investors.

“Our plan to convert Mt Rawdon into a pumped hydro renewable energy asset has the potential to create significant value to shareholders while also being a model mine closure,” he said.

“It demonstrates that by thinking differently we can continue to contribute to the local and state communities after mine closure and support the renewable energy transition.”

Editor of industrial titles and mastheads with Prime Creative Media. Publications include Rail Express and Australian Mining (web content).
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