Gujarat NRE Gets Approval to Extend Australia Coking Coal Mine

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.

Click here to read the full Platts report.