A mid December ruling. Applicable to 19 hectares of land.
Sullivan mine has not been operational for 20 years.
Bathurst applied to acquire the land and associated coal mining licenses to support Bathurst’s adjacent operations and the future viability of the Buller coal project. The Sullivan mine has been closed since 1995 and Bathurst had no firm plans to re-open it and said it would consider doing so when the price of metallurgical coal rose to a more favourable level.
For consent to be granted, Minister’s needed to be satisfied that the acquisition of Sullivan mine would result in substantial and identifiable benefits to New Zealand. Given that the Sullivan mine is closed and the uncertainty around the mine re-opening, Ministers were not satisfied that the benefits to New Zealand of the investment were likely to be substantial.
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