Indian business conglomerate GVK has secured environmental approval from the Coordinator-General for its $4.2bn Kevin's Corner mine project at Galilee Basin in western Queensland, Australia.
The Kevin's Corner project, the company's second coal mine project in Australia, proposes a 30 million tonnes per annum (MTPA) underground and open-cut coal mine, plus other associated infrastructure 65km north-west of the Alpha township.
The mine would consist of two open-cut mine areas, three underground mine areas, coal handling and preparation facilities, mine waste and water facilities along with mine infrastructure and industrial areas.
GVK vice chairman G V Sanjay Reddy said that the development is another breakthrough towards GVK's goal to become the most reliable coal supplier in the world.
"We are pleased with the consent given by the coordinator general which culminates in the provision of a State Environmental Approval for the project.
"This project will follow the best practices in operations and environmental sustainability, and will contribute to the economic development of the region," Reddy added.
GVK said that the latest approval would raise its coal mining capacity to 62MTPA.
Kevin's Corner project would rely on the railway infrastructure of the adjacent Alpha Coal project to transport coal to the Port of Abbot Point, Bowen.
In May 2012 the company received environmental clearance for its Alpha Coal and Rail Project in Queensland and in August 2012 the project secured federal government approval under the Environment Protection and Biodiversity Conservation Act 1999 (EPBC).
Queensland State Development, Infrastructure and Planning deputy premier and minister said the project is expected to create around 1,800 construction and 1,600 operational jobs.
"This government is committed to getting Queensland back on track and projects like Kevin's Corner are crucial in boosting one of the state's four economic pillars - resources," Seeney added.
"The flow-on benefits for the state's economy from this project will be massive. It means billions of dollars in capital investment and thousands of jobs for Queensland."
Image: Alpha mine has a production capacity of 30 million tonnes of coal per annum.