Indian coal miner, Gujarat NRE Coking Coal, is to $500 million into its coal operations at Illawarra in the Australian state of New South Wales.
Gujarat NRE has two hard coking coal mines in the region with production of 1.3 million tonnes a year, but has plans to ramp this up to 6 million tonnes a year over the next five years. All the coal is exported to India via the Port Kembla coal terminal.
The operation employs around 450 people, but this is expected to rise to 600 with the expansion.
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