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Queensland approves Australia's largest coal mine


Against howls of protest from opponents, the Queensland government has approved mining leases for Adani Group's Carmichael coal mine. But the $17 billion coal, rail and port project still faces significant obstacles in obtaining financing.

The state on Sunday approved three leases covering an area containing 11 billion tonnes of coal, in Queensland's Galilee Basin. The go-ahead follows compensation deals achieved in March with Australian landowners, reached after almost six years of environmental assessments and legal battles. more

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