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SYDNEY Panske Nike Air Max 97 Biele Cierne Vypredaj , March 12 (Xinhua) -- Anglo American is the latest mining giant to pull funding away from the expansion of the controversial Abbot Point coal terminal, adding pressure on a project that the Australian Greens described Wednesday as " economically unviable and environmentally disastrous."


Anglo American last week signaled that it will now follow BHP Billiton, Rio Tinto and Lend Lease in pulling out of the Abbot Point coal terminal.


And while depressed coal prices continue to impact the spending priorities of global mining companies, the pressure from local communities and conservationists to adopt a hands-off approach to the expansion makes the Anglo decision far from surprising.


According to a company spokeswoman, Anglo American notified the Queensland government of "its intention to withdraw from the AP-X coal terminal development project at Abbot Point and has ceased to be actively involved."


The Anglo decision follows the postponement of expansions like the mine in Queensland's Moranabh South Panske Nike Air Max TN Cierne Cervene Vypredaj , with rivals Rio Tinto and BHP also declaring an interim freeze on the extra capacity that would become available to the market as part of the Abbot Point port expansion.


The collapse of coal prices may have only postponed the " Damoclean Sword" hovering above the Great Barrier Reef, one of the greatest natural wonders of the world, as the Federal Government under Prime Minister Tony Abbott seeks to fund the project. However, December 2013 results, like those that Anglo endured are making an investor difficult to unearth.


The plunge in global metallurgical coal saw Anglo's operating profit plummet 89 per cent (to 46 million U.S. dollars) Panske Nike Air Max 95 Cierne Sede Vypredaj , while thermal coal profits fell 32 percent (to 541 million U.S. dollars).


The proposed 6.2 billion Australian dollar expansion of the Abbot Point coal port has fired opposition to the government's approach to environmental protection, particularly the fate of the Great Barrier Reef.


The plans for the North Queensland venture could see four further coal terminals