Australian company shelve lignite plans

The Australian company behind plans for a major lignite mine site in Co Antrim have shelved the idea.

Auiron Energy said they had been unable to find a partner for the £500m Ballymoney project which was set to create 1,500 jobs during construction and a further 300 posts once the mine was up and running.

In a statement released today, the company said: "Discussions with several prospective European power partners since late 2001 have not led to any immediate commercial arrangements. Whilst the Ballymoney Project has a place as part of Northern Ireland’s future energy solution, the ongoing capital commitments are significant and the timing remains uncertain."

The company said it had decided to write off the A$15 million already spent on the project.


Related Northern Ireland News Stories
Click here for the latest headlines.

16 January 2018
CNO Details Plans Of Initiatives To Increase Nursing Workforce
Chief Nursing Officer (CNO) Charlotte McArdle has announced the details of a series of initiatives to increase the nursing workforce in Northern Ireland.
29 October 2018
Retailers Miss Out On Budget Plans Due To Political Impasse
SDLP Business Spokesperson Pat Catney has expressed his frustration that businesses in Northern Ireland will miss out on investment due to the lack of an Executive at Stormont. Chancellor Philip Hammond is due to announce a financial package that will give a £1.
25 October 2018
Plans Revealed For £25m Foyle Regeneration
Plans have been unveiled for a L'Derry regeneration scheme that will cost £25 million and include the biggest art installation on the island of Ireland. The ambitious proposal includes the illumination of both sides of the city's Foyle Bridge using 12,000 12ft structures, that are designed to replicate river reeds.
23 October 2018
NI MPs React As Troubles Legacy Plans Face Opposition
As dozens of MPs have called for the Prime Minister to drop plans to investigate military veterans accused of Troubles crimes, the DUP has told Theresa May to stand by the armed forces and defy "republicans who are trying to re-write Northern Ireland history".
22 October 2018
Primark Plans Likely To Get Council's Green Light
Plans to begin dismantling part of the burnt Primark buildings are likely to be given the green light in the coming days, as planning officers have recommended that Belfast City Council approves the work. The decision must be ratified on Friday when the council's planning committee meets.