UNDERGROUND

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.

 South32's Dendrobium mine in NSW.

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. "If approved, it will target Area 5 and extend...

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