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ABC News
ABC News
Business

NT Supreme Court upholds mining minister's decision to slash McArthur River Mine security bond

Jack Green says he's worried about what the decision means for the country and waterways surrounding the mine. (ABC News: Michael Franchi)

Environmentalists and native title holders have lost a battle against a decision to slash the rehabilitation bond for one of the world's largest lead and zinc mines.

Northern Territory Mining Minister Nicole Manison made the decision to reduce the McArthur River Mine's $520 million security bond by $120 million in late 2020.

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