Bandanna confident as it submits final environmental impact
Have your say » Di Stanley 21st Jun 2013 10:11 AM
BANDANNA Energy will submit its final Environmental Impact Statement to the State Government today, confident it has addressed major local concerns about its billion-dollar Springsure Creek thermal coal project south-east of Emerald.
Managing director Michael Gray, in Korea to continue the hunt for a joint venture partner this week, said Bandanna had held back on the report until further discussions with key Golden Triangle farmers and other objectors had been held.
As a result, a grid of air, dust, noise and groundwater monitors has been established in close proximity and spreading out to 10km from the proposed mine site.
Agreements with landholders will run up to five years.
"We have been really pleased with the engagement of all those submitters in the last two months and we held up the final EIS for a couple of weeks to progress those discussions," Mr Gray said.
"Those (49) submissions to the draft EIS were helpful and well made and… a lot were in relation to monitoring and impacts."
Mr Gray said discussions with potential Korean and Chinese investors in Springsure Creek were progressing in a tough marketplace, compounded by the number of operational Australian coal assets and greenfield projects on the market.
He said recent conjecture about the Chinese Government introducing regulations to limit the import of lower energy and higher sulphur coals put the Springsure Creek project in a positive light.
http://www.cqnews.com.au/news/bandanna-confident-it-has-addressed-local-concerns/1915347/
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