Liberty Mutual puts Australian coal project on hold

Insurer Liberty Mutual will not be filing an environmental impact assessment for a coal project in Australia, it said on Friday, missing a deadline as it weighs alternatives for the proposed mine.

Community groups worried about pollution and climate change have been pushing the firm to scrap the project, which is expected to produce 5 million tonnes per year of a type of coal mostly used in steel-making but also suitable for power plants.