Think HBR

T4 moves a step closer

The Planning Assessment Commission (PAC) has determined that the Terminal 4 coal loader project in Newcastle is approvable, subject to certain conditions.
Port Waratah Coal Services has welcomed the release of the review report.
“We are pleased that we have reached another critical milestone in an assessment process which has taken four years so far,” said the CEO of Port Waratah, Hennie du Plooy.
“To keep the process moving forward, we will aim to provide a response to the Department of Planning and Environment as promptly as possible, giving careful consideration to the recommendations and how they apply to the Project scope.
“Despite challenging conditions, the Hunter Valley coal industry in 2014 is once again on track to increase output to record levels, reinforcing the need to continue planning for the future growth of coal exports from Newcastle,” he said.
The $4.8 billion projects will generate 1,500 construction jobs and 80 permanent positions. It will increase the coal loading capacity of the Port of Newcastle by 50 Mtpa.