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Anglo American approves Aquila hard coking Coal Project in Australia

Anglo American plc announces the approval by its Board of the Aquila project to extend the life of the Capcoal underground (Grasstree mine) hard coking coal operations in Queensland, Australia by six years, to 2028. With an expected attributable capital cost of US$226 million, development work is expected to begin in September 2019, with first longwall production of premium quality hard coking coal in early 2022.

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QLD Coal keeps breaking Records

Queensland’s coal industry has yet again demonstrated its critical importance to the State’s economy delivering record exports over the year to December 2018, said the Queensland Resources Council (QRC). QRC Chief Executive Ian Macfarlane said new data from Queensland’s ports revealed total coal exports of 223 million tonnes (mt) surpassing the last record by 2 mt set in 2016.

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QRC welcomes Cleanco Progress

The Queensland Resources Council (QRC) has welcomed the Palaszczuk Government’s announcement of progress on the establishment of CleanCo, the planned new renewable energy electricity generator.

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