THE controversial Shenhua Watermark coal project will be no more, after a $100 million agreement was reached with the NSW government for the mining giant to walk away.
NSW Deputy Premier John Barilaro confirmed the development on Wednesday, meeting with local farmers and landholders to make the announcement that the government will cancel exploration licence 7223.
This will release Shenhua from its obligations under the exploration licence.
The controversial mine had been opposed by local farmers who were against mining on the Liverpool Plains, fearing it would damage the agricultural food bowl and rich water aquifers.
Mr Barilaro met locals and was flanked by NSW Treasurer Dominic Perrottet, Planning Minister Rob Stokes and Tamworth MP…