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ENVIRONMENT

June deadline for Shenhua

UNDER the terms of Shenhua’s coal exploration licence, which was renewed in 2018, the New South Wales government created an opportunity to cancel the licence for the Watermark coal project if the company failed to apply for a mining lease by June 30 2020.

Lou Caruana
Shenhua's Watermark project area in NSW.

Shenhua's Watermark project area in NSW.

Shenhua is yet to make an application for a mining lease and is required to pay the NSW $200 million when it does.  The company is also yet to complete eight vital environmental studies needed before...

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