For the first time since coming to power, the Labor Government has approved a new coal mine in the Isaac region, but new strict environmental regulations and timeframes are attached.
The mine, 28 kilometres east of Moranbah, was provisionally approved by the Federal Government and it is set to become the third mine operated by Bowen Coking Coal.
The company currently employs a 700 strong workforce and will be mining for high quality, high yielding metallurgical coal used for steelmaking.
The new mine is adjacent to the two existing mines.
The following strict new regulations apply:
1. The mine must not clear more than 25 hectares of land.
2. Impact on the native snake species must be minimised.
3. There must be an on-site fauna spotter.
4. The mine must maintain the property and land quality.
5. Operational timeframe is five years (compared to the standard 25-50 years)
It is estimated that the mine will produce half a million tonnes of coal a year and provide an additional 200 new jobs in the region.
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