Glencore/Peabody JV gets enviro nod

The New South Wales Independent Planning Commission (IPC) has approved a A$381-million mine to be jointly developed by major Glencore and US coal producer Peabody Energy.

The United Wambo coal mine is a brownfields opencut mine combining the existing operations at Wambo opencut mine, operated by Peabody, and the coal reserves at United underground mine, owned by Glencore, which is presently on care and maintenance.