GVK's Australian coal unit GVK Hancock has finally been granted an environmental clearance for its Alpha Coal Project in the Galilee Basin of central Queensland. The grant involved around 300 collaborative scientific studies, involving over 500 specialist consultants. GVK said in a statement that this development takes the company a step closer towards bringing online a new low-cost, low-ash, low-sulphur, high-quality thermal coal basin, offering the ability to lower emissions from global coal-fired power generation.
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