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Bandanna has a 50% stake in the South Galilee project with privately owned AMCI.
Bandanna said representatives of the South Galilee project and the Wangan and Jagalingou people signed two agreements formalising this consent – a Section 31 state deed, consenting to the granting of its mining lease, and a native title consent agreement.
Following the consent, the Section 31 deed will be submitted to the state for signing.
The Section 31 deed is expected to be executed by the state early next year.
Bandanna said upon the signing of the agreement, it had committed to provide certain benefits over the life of the project to the Wangan and Jagalingou people.
The approval for the project comes after a cultural heritage management plan agreement between the SGCP and the Wangan and Jagalingou people was executed in July this year and later approved by the Department of Environment and Resource Management in August.
The South Galilee project, located in the Galilee Basin, is expected to produce around 13.6 million tonnes per annum of thermal coal over a 33-year mine life.
The project recently failed to gain preferred status for the rights to develop terminal four to nine at Abbott Point.
The joint venture project had sought a 15Mtpa allocation at the proposed port expansion.
