Alpha Coal project takes another step forward
BUSINESS and mining industry stakeholders at a Bowen meeting gave a few rousing cheers when told the Alpha Coal project had taken another step forward.
GVK Hancock representatives announced to about 200 industry stakeholders it had been granted an Environmental Authority by both the Federal and State governments for the proposed Galilee Basin project.
The company promises 4000 jobs during the project's construction phase and more than 1800 jobs once operational, although many will be FIFO.
The Alpha mine is planned to produce 32 million tonnes annually for 30 years, which will be sold to Asian power operators.
The news broke at the NQBP Major Projects Summit yesterday afternoon - an apt platform intended for stakeholders to get updates on the movements of government, community and industry in relation to large projects that will have an impact on the region.
GVK Hancock corporate affairs manager Joshua Euler said later its key focus was to continue advancing the project so construction could commence.
Mr Euler said it was one of two major milestones and the next was to receive Mining Authority.
He said GVK Hancock would meet "every environmental condition" set by the regulatory authorities.
"Across all our projects hundreds of conditions have been placed and we have met every regulatory hurdle and condition," Mr Euler said.
He said global demand for coal will pick up over coming years.
Are you worried about the outlook of the mining industry?
This poll ended on 15 October 2014.
This is not a scientific poll. The results reflect only the opinions of those who chose to participate.