Rio gives green light to $425 million Hail Creek colliery

RIO Tinto said today it has given the go ahead for the $425 million Hail Creek coking coal mine near Mackay in Queensland to capitalise on the US energy crisis and recent mine closures in Canada.

The openpit mine, based on one of the largest coking coal deposits in the world with total resources estimated at 1.2 billion tonnes, will produce 5.

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