This article is 19 years old. Images might not display.
Centennial lodged its mine plan with the Government last week. The company plans to produce 10.5 million tonnes per annum of thermal coal by 2008 from the Anvil Hill open cut.
The mine will supply 30Mt of coal to Macquarie Generation over 12 years, with the remainder flagged for export to capitalise on lucrative export prices.
Centennial has already secured additional funding for the project, raising $US205 million in the US private placement debt market late last year.
Greenpeace is not impressed by the plan though, saying the New South Wales Government should declare a moratorium on new coal mines.
“While Morris Iemma talks about being a leader in climate change, instead he's actually putting the profits of the coal industry ahead of the people of New South Wales," Greenpeace organiser Ben Pearson told ABC News online.
