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- NSW Independent Planning Commission (IPC) approves HVO Continuation Project
- The approval follows a six-year regulatory assessment process
- Final approval would extend life of mine to 2045
- Federal approval required by year end
Global miner Glencore has welcomed the decision by the NSW Independent Planning Commission (IPC) to approve the HVO Continuation Project.
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The HVO Continuation Project aims to recover further coal resources within the existing mining tenements at HVO, extending the life of mine from 2026 to 2045 at HVO North and from 2030 to 2042 at HVO South.
HVO is independently managed on behalf of its JV owners, Yancoal (51%) and Glencore (49%).
The approval follows a six-year regulatory assessment process. During the assessment, the project’s design was amended to align with NSW and Federal government legislative guidelines, environmental standards and climate change policies.
The project remains subject to Federal government environmental approval, which is required by the end of December 2026 for operations to continue.
HVO represents a key part of our Australian coal business, producing high quality thermal and semi-soft steelmaking coal for export.
HVO general manager, Dave Foster, said the State approval marked a pivotal milestone for 1,500 mine workers, their families and the regional economy.
“Our deepest and most sincere thanks must go to our dedicated workforce, our local suppliers, and the broader Hunter community. Their unwavering support throughout this process has been a driving force behind this successful result,” said Mr Foster.
“This State approval comes after an exhaustive six-year regulatory approval process.
“HVO engaged transparently and constructively with regulators to make big changes to the project’s design to ensure alignment with both NSW and Federal government legislative guidelines, environmental standards and climate change policies.
“The NSW government has recognised the important economic contribution that HVO makes to the state which over the last four years has been more than $6.9 billion. We look forward to continuing that economic contribution to the Hunter region and the State.”
Mr Foster said while this State approval brings HVO one step closer to long-term certainty, the process is not yet complete.
“We will continue to engage with the National Environmental Protection Agency (National EPA) to secure the final approval needed to protect 1,500 regional jobs and deliver economic certainty and stability for the Hunter region.”
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