Glencore's $1.5b Valeria coal mine declared a coordinated project

A $1.5 billion coal mining project in central Queensland’s Bowen Basin is a step closer to being realised after it was declared a coordinated project by Queensland’s independent Coordinator-General.

The new Valeria coal mine could deliver 1400 construction jobs and 950 ongoing jobs once operational.

Queensland Minister for Regional Development Glenn Butcher said the coordinated project declaration will help get jobs happening earlier.

The mine’s proponent, Glencore, has advised any thermal coal produced by the new mine will be subject to the company’s cap on thermal coal output, to support global transition to a low carbon economy.

Glencore will now be required to prepare a comprehensive environmental impact statement (EIS) for the project, and the Coordinator-General will undertake an assessment of all environmental, social and economic impacts, including extensive community consultation.

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