Dendrobium Next Domain investment to be decided by next year

SOUTH32’S Illawarra Metallurgical Coal subsidiary is expected to make a final investment decision for its proposed Dendrobium Next Domain project in New South Wales by the second half of the 2020-21 financial year.

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Dendrobium Next Domain investment to be decided by next year Dendrobium Next Domain investment to be decided by next year Dendrobium Next Domain investment to be decided by next year Dendrobium Next Domain investment to be decided by next year Dendrobium Next Domain investment to be decided by next year

South32's Dendrobium mine in NSW.

The company said in a presentation that it was expected to spend US$64 million in 2021 to start critical path development and ventilation infrastructure.