Mt Rawdon Pumped Hydro has been declared a Coordinated Project by the Queensland Government‘s Coordinator-General.
In a statement, Evolution Mining said the declaration confirms the Mt Rawdon Pumped Hydro project’s strategic importance in Queensland and its potential to contribute to the goals of the Queensland Energy and Jobs Plan.
The Coordinated Project designation is meant to streamline contacts with important State Government departments and agencies, and the Project team is excited to get started. This will entail creating an Environmental Impact Statement (EIS). At the same time, Evolution Mining said the Project team is maintaining contact with key stakeholders such as Mt Rawdon’s local communities and First Nations Partners, the Commonwealth and State Governments, the North Burnett and Bundaberg Councils, and the Burnett Mary Regional Group, as well as the Company’s own employees and contracting partners.
The Feasibility Study for the Mt Rawdon Pumped Hydro project is likewise on pace to be completed by mid-2023. According to Evolution Mining, it was also encouraged by possible offtake partners’ and investors’ interest.
“Our plan to convert Mt Rawdon into a pumped hydro renewable energy asset has the potential to create significant value to shareholders while also being a model mine closure. It demonstrates that by thinking differently we can continue to contribute to the local and state communities after mine closure and support the renewable energy transition,” Evolution Mining Executive Chair Jake Klein said.
Klein added that the Coordinated Status is a significant milestone, and we look forwards to moving the Project forwards by collaborating with our communities, First Nation Partners, and the Queensland Government to ensure Mt Rawdon plays a positive part in the State’s future.
