Macmines Welcomes The EIS Approval
China Stone
MacMines Austasia Pty Ltd welcomes the approval
by the Coordinator General of the China Stone Coal project. This is a major
step in the development of the Project.
MacMines Austasia is a 100% subsidiary of the
Meijin Energy Group, a China Shanxi Province major diversified private energy
company. Meijin is China’s top metallurgical
coke producer and has interests in coal mining, steel production and clean
energy production. As well as MacMines
Austasia, Meijin is a major shareholder in Australian Ilmenite Resources and
Australian Gas and Oil, both based in the Northern Territory.
Meijin has the capability and support to develop
the China Stone coal project and brings with it several major Chinese enterprises
to aid the project’s completion.
China Stone’s conditional EIS approval is a
milestone in the projects’ path toward building a 38 million tonne per annum open
cut and underground mine in the Galilee Basin.
The project is the fifth coal mine in the Galilee Basin to reach this
stage. The company has applied for mining leases to enable the project to
proceed and this next step will take time to complete.
Critical to the development of China Stone Coal
Project is the completion of a railway which links the northern Galilee Basin
to Abbot Point coal terminal. This is
the key enabling infrastructure for the project and MacMines is considering options
to deliver this outcome.
The project will be a great benefit to the local
region, state and nation and its approval by the Queensland Coordinator General
is welcomed.
https://www.statedevelopment.qld.gov.au/resources/cg/eis-china-stone-coal-project-unsigned.pdf
For further information contact
Russell N Phillips
CEO
MacMines Austasia Pty Ltd
rphillips@macmines.com