Fairhill mine proposal enters final straight
Futura Resources is raising the last tranche of funding to allow for the Fairhill-Wilton project’s construction over coming months after ticking off its final environmental approval.
The proposed open-cut coal operation would be mined by Sojitz Blue and piggyback on that company's nearby Gregory-Crinum complex infrastructure.
It received Federal Environmental approval late last month, subject to conditions under the Environment Protection and Biodiversity Conservation Act including a groundwater management plan.
With a recent shift in coal prices favouring the project, Sojitz Blue managing director and chief executive officer Cameron Vorias said . . .
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