Chinese firm to boost Queensland coal exploration

Queensland has gained another vote of confidence in its multi-billion dollar coal industry. Mines and Energy Minister Geoff Wilson announced today that a major Chinese company proposed to spend at least another $10 million exploring the Taroborah coal deposit in central Queensland. The Shenhuo International Group Pty Limited, a wholly-owned subsidiary of Henan Shenhuo Group Co Limited, successfully tendered in 2006 for the southern half of the Taroborah coal restricted area release, located about 20 kilometres west of Emerald.

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Fri Nov 2008 03:11 (1 month, 1 week ago)
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