Coal developer Atrum Coal has welcomed a decision by the Alberta government to repeal the Coal Development Policy for Alberta, saying it represented a significant step forward to the targeted future development of Atrum’s Elan hard coking coal project.
Atrum said on Monday that the repeal of the policy would eliminate the use of coal categories in Alberta, a land use classification system that directed how and where coal leasing, exploration and development could occur.
The ASX-listed company told shareholders that the removal of the out-dated coal categories meant that the coal industry in Alberta would now be subject to the same land use policies as other commodities within the province.