
Green light for $7bn Wandoan
Image: Glencore BY REUBEN ADAMS IN a brief statement, QLD Mines minister Dr Anthony Lynham has finally granted mining leases for a $7 billion coal development in the Surat Basin – a decade after Glencore applied for them. Dr Lynham today approved three 27-year leases over 30,000 hectares for Stage 1 of Glencore’s proposed $7 billion Wandoan thermal coal project near Roma, which could produce up to 22 million tonnes per annum when fully operational. This would be the first major coal project of this scale in the Surat Basin, but still required a rail link to the Port of Gladstone for export, Dr Lynham stated. Glencore welcomed the decision but stated that it would need to review the details...