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04 Feb
09:32

New Hope's Acland project faces court setback

New Hope Group's New Acland coal mine project in Australia has encountered new difficulties. The proposal for the third-phase expansion of the project was rejected by the Australian High Court. New Acland Coal currently operates an open-pit coal mine with an annual output of 4.8 million tonnes, Kallanish notes. However, its reserves are being exhausted. The third-phase expansion project was to increase the mine's annual output to 7.5mt and extend the …
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