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Yancoal project clears another hurdle, PAC has final say

The New South Wales Planning Assessment Commission (PAC) would make the final decision on ASX-listed Yancoal’s Ashton coal project after the state’s Department of Planning and Environment recommended that the project be approved with strict conditions.

The Ashton coal mine currently has an underground production capacity of over 1.5-million tonnes a year, which is sold to a number of Asia-based steel mills. Opencut mining from the North East opencut operation started in 2004 and completed in early 2011.