Doubts over future of Shenhua's $1.2bn Watermark coalmine in NSW – reports

Chinese state-owned company has NSW government approval for $1.2bn open cut mine on Liverpool Plains, but falling coal price has raised questions over its viability, according to reports

Federal government sources have reportedly cast doubt on the future of a contentious coal project in north-west New South Wales proposed by a Chinese state-owned company, according to the ABC.

Shenhua is yet to apply for a mining lease for its $1.2bn open cut Watermark coalmine on the Liverpool Plains despite having development approval from the state government.