A mining lease has been approved for the expansion of Anglo American’s Lake Lindsay mine in Queensland’s Bowen Basin, extending the life of the mine and creating up to 500 new jobs in the process.
When fully operational the expanded mine will produce 5.6 million tonnes of steel-making coal.
Queensland Minister for Resources, Scott Stewart, said, “The granting of this mining lease shows Queensland’s resources industry continues to go from strength to strength.
“It shows there is confidence from major mining companies that are investing in the future of Queensland’s resources industry into the future,” Mr Stewart said.
“Steel-making coal is one of our state’s biggest export earners, worth nearly $60 billion in the 12 months to May this year.
“We need steel for construction, domestic appliances, automotive and mechanical equipment, and also for turbines to generate renewable energy on wind farms.
“I want to congratulate Anglo American for their continued investment in their operations in the Bowen Basin because it means hundreds of good jobs and a boost to the local economy for years to come.”