Queensland government shelves $6 billion Mt Rawdon pumped hydro project
By
Nikki Sorbello
Summary
The Queensland government has shelved the Mt Rawdon pumped hydro project, a $6 billion plan to rehabilitate a gold mine into a renewable energy facility that could have powered up to 2 million homes. The project was part of the government's Energy Roadmap with $50 million allocated in last year's budget. Mine operator Evolution Mining confirmed that the Queensland Investment Corporation conducted an extensive six-month review, and the future of the Mount Rawdon mine is now being reassessed.
Source
bskyQueensland government shelves $6 billion Mt Rawdon pumped hydro projectabc.net.auKey quotes
· 3 pulledThe rehabilitation of a gold mine into a renewable project that could power up to 2 million homes will not be progressed by the Queensland government.
Mine operator Evolution Mining chairman Jake Klein said the Queensland Investment Corporation (QIC) did an extensive review over the past six months.
Jake Klein says the future of the Mount Rawdon mine is being reassessed.
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