Business
Legal action launched against NT Government over McArthur River Mine security bond – ABC News
Residents of Borroloola launch legal action against the Northern Territory Government, arguing its decision to slash the environmental security bond paid by a massive…

Traditional owners near the Gulf of Carpentaria have launched legal action against the Northern Territory Government over its decision to slash the security bond paid by a massive lead and zinc mine.
- Court documents allege a decision to reduce the mine’s environmental security bond is unlawful
- The security bond was reduced from $519 million to $400 million late in 2020
- Environmental groups are concerned it could leave taxpayers liable for potential long-term environmental damage
The legal proceedings,…
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