Water Battle Looms Over Australian Coal Development

Water Battle Looms Over Australian Coal Development Play

Nov. 18 (Bloomberg) -- The Australian state of Queensland is pinning its hopes for another resource boom on a huge unexploited inland coal reserve, the Galilee Basin. However, $3.2 billion mine planned by GVK Hancock is facing a court challenge from cattle graziers, who are trying to protect their rights to the region's scarce water resources. Paul Allen has more. (Source: Bloomberg)

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