NSW to pay Chinese company $100 million to shelve Watermark coal mine project | 7NEWS

7NEWS Australia published this video item, entitled “NSW to pay Chinese company $100 million to shelve Watermark coal mine project | 7NEWS” – below is their description.

The NSW government will pay Shenhua Energy $100 million to shelve plans for its coal mine on the Liverpool Plains near Tamworth. Farmers had fought for 13 years, fearing the mine’s effects on groundwater, farmland and animal habitats. In 2017, state authorities paid more than $260 million for the project to be scaled back. The future of 1,000 jobs surrounding the $1.6 billion investment is now unclear. More: http://7news.link/32ztfk4

7NEWS Australia YouTube Channel

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About This Source - 7NEWS Australia

Seven News is the television news service of the Seven Network and, as of 2016, the highest-rating in Australia. The news service draws upon overseas channels for select international coverage. The network’s Director of News and Current Affairs is Craig McPherson.

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New South Wales is a southeastern Australian state, distinguished by its coastal cities and national parks. Sydney, its capital, is home to iconic structures such as the Sydney Opera House and Harbour Bridge.

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