I've read about this fire before and on the surface it seems crazy to think we have all of these underground fires happening that no one really thinks or cares about. I understand how we got to where we are but it still makes me stop in amazement that this is a thing that is actively happening.
https://en.wikipedia.org/wiki/Coal_seam_fire
This is a good read. So the one mentioned in OP may work for some but it may be only useful for very limited set of these fires. We know too little about things under the surface. I'd say we have zero chance to conquer them until we can have a deep earth CT (just like CT of your brain).
60M for a technology which would be the future, yes. 60M for something only works for a few limited cases, probably not.