Factors considered as part of the investigation included:

  • environmental setting;
  • mining and processing methods and feasibility;
  • mine life;
  • mine ramp-up duration;
  • capital expenditure;
  • utility supply, such as water, gas and power;
  • rail access;
  • mineral and surface rights; and,
  • operation safety.

 The next steps will be:

  • the review of the environmental assessment approval and the Feasibility Report by the Yancoal Board
  • the Financial Investment Decision by the Yancoal Board

These two critical pieces, the feasibility report and the environmental approval, will play a significant role during the Yancoal Board’s decision on whether or not to proceed with the project, as well as the local investment climate and community support.  

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