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coal investing

Griffin Receives Conditional Approval for Coal-handling Berth

Written by Charlotte McLeod
|
Jul. 17, 2013 12:37PM PST

The Economic Times reported that Griffin Coal, a unit of Lanco Infratech Ltd. (BSE:532778), has received conditional approval from Western Australia’s Environmental Protection Authority to develop a coal-handling berth with a capacity of 15 million tonnes. It will be located at Bunbury Port.

The Economic Times reported that Griffin Coal, a unit of Lanco Infratech Ltd. (BSE:532778), has received conditional approval from Western Australia’s Environmental Protection Authority to develop a coal-handling berth with a capacity of 15 million tonnes. It will be located at Bunbury Port.

As quoted in the market news:

Clearing the project with 12 conditions, the environment watchdog said Griffin Coal’s proposal to develop a coal storage and loading facility at Berth 14 A at Burnbury Port, (175 kms from Perth) would be open for public comments till July 31 and the Environment Minister would take the final decision, according to a report by the EPA.

Griffin Coal proposes to develop coal storage and loading facilities at the Bunbury Port Inner Harbour. The berth would support the export of coal from Collie Basin, where the mines are located.

Click here to read the full report from The Economic Times.

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