Glencore, Yancoal approved to extend life of Hunter Valley coal mines

Hunter Valley Operations (HVO), one of Australia's largest coal complexes, has secured approval from the New South Wales Independent Planning Commission (IPC) to extend its mine life, according to the latest statement issued on September 30 by Glencore, one of its owners.

HOV, a key part of Australia's mining industry, produces up to 42 million tonnes of thermal coal and semi-soft coking coal annually, primarily for export to overseas power generators and steelmakers. The operation is independently managed on behalf of its owners, with Yancoal holding a 51% stake and Glencore the