Australia’s largest coal producer says it’s reviewing plans for project in Bowen Basin citing net zero commitment and state’s royalty hike
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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.
Continue reading…Australia’s largest coal producer says it’s reviewing plans for project in Bowen Basin citing net zero commitment and state’s royalty hikeFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastAustralia’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.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading…