Coal exports would leave the country via port facilities at Abbot Point after being transported along a 495 km rail line.
According to GVK Hancock Coal managing director Paul Mulder, it is also the first fully integrated project to be built in Australia.
The mine is to be built about 40 km northwest of the small town of Alpha in Central West Queensland.
[3] The Minister for Environment Tony Burke has stipulated the project must adhere to 19 conditions aimed at protecting the Great Barrier Reef.
[2] A 2013 Oxford University study forecast a coal price of at least $US90 to go forward and $150 to generate economic gains for the project.