A multinational mining company is proposing a $1.5 billion coal project in Central Queensland’s Bowen Basin.
Glencore is planning to build the new Valeria Coal Mine, 265km west of Rockhampton. The project involves constructing an open-cut operation, which is capable of producing up to 20 million tonnes per annum run of mine coal with an estimated lifespan of 35 years. At least one infrastructure corridor will also be required to include rail, roads, electricity, water and telecommunications.
QMEB can reveal the project will create up to 1400 construction jobs plus a further 950 operational positions once construction has ended.
State Coordinator-General Barry Broe has already declared Valeria a coordinated project, which means it requires strict impact assessment involving whole-of-government coordination, either through a comprehensive environmental impact statement or a targeted impact assessment report.
Environmental, social and economic assessments are underway and the proponent will need to prepare a full environmental impact statement (EIS). Meanwhile, Broe is drafting terms of reference for the EIS and will invite public feedback on regulatory requirements.
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“This new mine has the potential to create hundreds of new jobs as Queensland recovers from the extraordinary shock of the global coronavirus pandemic,” State Treasurer Cameron Dick said in a public statement.
“Coal mining has a long history in Queensland and will continue to be a major industry for many years to come.”