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ABC News
ABC News
Business

Advisor told NT minister reducing McArthur River Mine security bond could be 'inappropriate', court documents show

The McArthur River Mine's security bond was reduced by about $120 million in 2020. (ABC News: Michael Franchi)

Court documents show the Northern Territory's mining and industry minister slashed the environmental security bond at one of the world's largest lead and zinc mines despite being sent formal advice that doing so could be "premature and inappropriate".

A coalition of environmental groups and traditional owners are challenging Nicole Manison's decision to cut the McArthur River Mine's $520 million security bond by $120 million in late 2020.

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