New Hope Group is a majority Australian owned and operated diversified
energy company which has been proudly based in South East Queensland
since 1952.

EY New Acland Coal Mine Stage 3 Project: Financial Impact Study

New Hope Welcomes New Acland Coal Mine Stage 3 Environmental Authority 

12 March 2019 

Today we were advised by the Queensland Department of Environment and Science (DES) that they have granted the application to amend the Environmental Authority (EA) for the New Acland Coal Mine Stage 3 Project.   

This is welcome news for the Company and the local community in which the Project is located. The Project now needs to secure Mining Leases and an Associated Water Licence from the Queensland government before it can proceed. 

New Hope remains committed to delivering the New Acland Stage 3 Project and will actively work with the relevant government departments to progress through these steps. Obtaining final approval as soon as possible this calendar year is critical to ensuring the continuity of operations and therefore employment for approximately 300 employees and 500 contractors currently engaged at the New Acland mine. 

To read the full ASX Release, click here.