Anglo American has said its board has approved the $1.7 billion Grosvenor metallurgical coal project in Queensland, Australia, which is expected to produce five million tonnes per year over a projected life of 26 years. The London-based diversified miner said it plans to triple production of met coal in Australia over the next 8 years.
See http://www.mining.com/2011/12/06/anglo-american-oks-1-7-billion-queensland-project-to-triple-its-australia-met-coal-output/