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Gujarat NRE Gets Approval to Extend Australia Coking Coal Mine
Oct. 18, 2011 11:44AM PST
Industrial MetalsPlatts reported that Gujarat NRE Coking Coal’s (ASX:GNM) Australian mine permit has been extended for three years.
Platts reported that Gujarat NRE Coking Coal’s (ASX:GNM) Australian mine permit has been extended for three years.
As quoted in the market news:
The PAC approval allows Gujarat NRE Coking Coal to continue the extraction of 1 million mt/year of coking coal from the Bulli and Wongawilli coal seams for the next three years; to continue trucking mined coal to the Port Kembla terminal; and to pursue A$122 million ($124 million) in upgrades to the colliery’s infrastructure, the company statement said.
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