Dewatering Bowen Basin mines will take time: ANZ

MOST open pit coal mines in central Queensland swamped with water from Tropical Cyclone Debbie had already contained high levels of water they were not allowed to be released due to environmental issues, according to ANZ Bank.

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Dewatering Bowen Basin mines will take time: ANZ Dewatering Bowen Basin mines will take time: ANZ Dewatering Bowen Basin mines will take time: ANZ Dewatering Bowen Basin mines will take time: ANZ Dewatering Bowen Basin mines will take time: ANZ

Glencore's Collinsville open cut coal mine in Queensland's Bowen Basin.

Therefore the likelihood of mines in the Bowen Basin being closed for an extend period of time is high, it said in a report.

“The risks are high, with this area producing more than 1.

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