A proposed $4.2 billion coal mine in the Galilee Basin has received environmental approval from the Queensland Coordinator-General.
The proposed Kevin’s Corner project – being developed by Hancock Galilee, a wholly-owned subsidiary of India’s GVK Group – comprises two open cut mines and three underground mines, accommodation for 2000 staff and an airport.
Kevin’s Corner will produce 30 million tonnes of coal per year and rely on the railway infrastructure of the nearby Alpha coal project, to transport the product to the Port of Abbot Point.
“We are pleased with the consent given by the coordinator-general which culminates in the provision of a State Environmental Approval for the project,” said GVK vice chairman G V Sanjay Reddy.
“This project will follow the best practices in operations and environmental sustainability, and will contribute to the economic development of the region.”
In March this year, GVK Coal Infrastructure and Aurizon signed a non-binding term to jointly develop rail and port infrastructure to “unlock Galilee Basin coal reserves including GVK Hancock’s Alpha, Kevin’s Corner and Alpha West coal mines and a process to support the next phase of coal growth in the Bowen Basin”, the company said in a statement. GVK founder chairman and managing director Dr GVK Reddy said the project would deliver benefits to the state’s economy.
“It means billions of dollars in capital investment and thousands of jobs for the locals,” he said.