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 Court of Appeal decision

The Company welcomes the recent decision from the Queensland Court of Appeal dismissing Oakey Coal Action Alliance’s Appeal and granting orders requested by New Acland Coal Pty Ltd. There is no further barrier to the Queensland Government now giving final approvals for the New Acland Coal Mine Stage 3 Project.

The reasons for judgment from the Court of Appeal stated President Kingham’s Land Court orders are valid and bind the parties. The Court of Appeal also accepted that the grant of the Environmental Authority should stand.

This is good news for the Company and the local community in which the Project is located.

To read the full ASX Release, click here.