Lithgow City Council has voted to formally endorse the draft voluntary planning agreement for the Invincible Mine reopening that will see council gain five cents per tonne of coal extracted.
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Council is now seeking the co-signature of Manildra Group on the voluntary planning agreement, which will then be sent to the Department of Planning and Environment.
Manildra Group, an Australian agribusiness, is waiting to receive a recommendation from the Department of Planning on whether the Invincible Mine can re-open with an extension to the site.
If it is approved Lithgow City Council will receive five cents from Manildra for each tonne of coal produced by the mine, which would potentially realise $16,875 per annum to go towards community facilities.
At the council meeting held on June 26, deputy mayor Wayne McAndrew raised the possibility of increasing the contribution mines pay to council in the future.
However, the council voted to endorse Manildra’s current offer, which has already been placed on public exhibition.
Over the eight year consent period for the mine extension the voluntary planning agreement would amount to a total of $135,000.