Glencore’s Valeria coal project gets govt backing

The Queensland government has recognised diversified major Glencore’s A$1.5-billion Valeria coal project as a coordinated project under the state’s approvals process.

Queensland Treasurer Cameron Dick said that the proposed coal mine could deliver 1 400 construction jobs and 950 ongoing jobs once operational.

“Queensland has a plan for our economy to Unite and Recover for Queensland Jobs. Part of that is building on our traditional strengths like the resources industry.

“This new mine has the potential to create hundreds of new jobs as Queensland recovers from the extraordinary shock of the global coronavirus pandemic. Projects like this are a vote of confidence in Queensland’s future as a diversified economy,” Dick said on Friday.