Inform
Glencore and Peabody get all clear for United Wambo
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
On August 28 the NSW Independent Planning Commission (IPC) approved the Glencore and Peabody owned United Wambo project. The Hunter Valley coal project was approved with the inclusion of a requirement that coal can only be sold to paries to the Paris Agreement. This is the first time a requirement concerning Scope 3 carbon emissions has been included in a mine planning approval in Australia, and to our knowledge globally. Read this insight to find out why this decision has been so closely watched and what the implications are for other projects being planned in NSW and Australia. We also explain why despite the reduction in regulatory risk, Australia's export supply profile remains at risk.
Table of contents
- NSW outlook improves on de-risking of United Wambo, while longer-term investment still required
Tables and charts
This report includes the following images and tables:
- NSW coal project export supply
- Australia coal export forecast
What's included
This report contains:
Other reports you may be interested in
Asset Report
Reward - Highway copper mine
A detailed analysis of the Reward- Highway copper mine.
$2,250
Asset Report
Wambo North coal mine
A detailed analysis of the Wambo North coal mine.
$2,550
Asset Report
Uralsk (P) aluminium smelter
A detailed analysis of the Uralsk (P) aluminium smelter.
$2,250
