New South Wales government says it paid $220m to reclaim licence for fertile farming area, and is in talks to do the same with neighbouring Shenhua
The New South Wales government has bought back BHP’s licence to mine for coal in the fertile farming regions of the Liverpool plains for $220m, and says it is in negotiations with the nearby Shenhua coalmine, which has sparked strong opposition from farmers and environmentalists.
BHP had planned to develop a huge underground coalmine at Caroona, which would produce 260m tonnes of coal over its 30-year lifetime. The mine was located beside the controversial Shenhua Watermark open cut coalmine, and was expected to share some infrastructure with it.
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Source: Guardian Environment