The company will now submit an environmental management plan to the Queensland Department of Environment and Heritage Protection (DEHP), to help in the conditions development for the draft environmental authority.
Bandanna Energy managing director Michael Gray said the EIS approval represents a major milestone on the way to developing the Springsure Creek thermal coal project.
"This decision takes us another step closer to final approval of our Springsure Creek project," Gray added.
Production and exports from the Springsure Creek project is scheduled for mid-2015 following completion of EIS and Commonwealth environmental approvals.
"The project is one of the few current mining projects in Queensland that is ready to proceed in the immediate future given it has access to existing rail and port capacity," Gray continued.
