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HardRock receives mining lease approval for coal mine in Tasmania

Published 19 September 2013

HardRock Coal Mining has received one million tonne per annum mining lease approval from Tasmania Energy and Resources Deputy Premier and Minister Bryan Green for its coal mine in the Fingal Valley, Australia.

The mine has also received Environmental Protection Authority Tasmania (EPAT) in August 2012 as well as development approval from the Break O'Day Council in September 2012.

Constructed and operated by HardRock Coal Mining, the project is due to receive building approvals through Break O'Day Council.

The company is planning to start surface construction, which is subjected to internal approvals, during Q1 2014, followed by underground development works soon after.

HardRock Coal Mining managing director and CEO Astill said, "The project helps develop a new export industry for Tasmania and provides a much needed economic injection for the region."

Expected attain steady state operations in 2015, the mine is likely to produce close to one million tonnes per annum while employing over 100 employees.

The company has invested over $20m for the project establishment and is expected to invest a further $50m for the mine development.