Something a lot of people don't realise is that much of Eastern Australia is actually underlain by coal. The entirety of southern and central Qld for a start. Large parts of eastern NSW and much of Victoria too.
But as with miners, UCG companies will start with the shallower deposits first - those just out of the economic range of mining. So most UCG projects will start out around the edges of coal mining regions like the Hunter, Bowen, Surat, etc.
Add to My Watchlist
What is My Watchlist?