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The project is based on extracting up to 13.8 million tonnes of thermal and coking coal (out of up to 21.5Mtpa run of mine) at a maximum rate of 2.6Mtpa until 2025.
The project could potentially create up to 250 new jobs if it goes ahead too, although it still requires federal environmental approval and will also need to be economically viable.
Consequently Yancoal, which is primarily focused on advancing its Moolarben underground expansion plans in the state, is also yet to indicate any potential start dates for Stratford-related construction activity as coal prices continue to struggle.
Mining at Statford ceased due to weak coal prices in 2013, with a few staff remaining at the processing plant to produce coal from the nearby Duralie mine (20km south).
The synergies between the Gloucester Basin sites were noted by the PAC in its approval.
“The commission supports the project, as it allows for the rational and efficient extraction of a coal resource within an existing mine, and ensures the continuation of its strong association with the nearby Duralie mine,” PAC said.
