Article 66M9G Glencore scraps application for new coal mine in Queensland

Glencore scraps application for new coal mine in Queensland

by
Australian Associated Press
from Environment | The Guardian on (#66M9G)

Australia's largest coal producer says it's reviewing plans for project in Bowen Basin citing net zero commitment and state's royalty hike

Australia's largest coal producer Glencore has scrapped an application for a major new mine in Queensland.

The Swiss multinational said it is reviewing plans for the Valeria project in the state's Bowen Basin, which could have produced 16m tonnes of thermal and metallurgical coal annually for 37 years.

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