The Monthly: COAL CRASH How long can Australia ride in the coal wagon?

It’s raining cats and dogs in the gentrified Southern Highlands, two hours’ drive south of Sydney, and even though flood warnings abound and school pick-up time approaches, more than 300 locals file into the Moss Vale RSL to respond to a presentation about a proposed coalmine. Hume Coal, a subsidiary of South Korean steel giant […]

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AFR: Australian coal the loser as China looks for cheaper, greener options

hina’s coal imports are forecast to fall dramatically over the next five years due to the slowing economy, a move toward greener fuels and government protection of local miners. Among the most bearish on the outlook for Australia’s second-biggest export is Capital Economics. The independent research group’s commodities economist Tom Pugh said at the end of this […]

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Jeremy Buckingham: NSW GOVERNMENT RENEGOTIATING $200 MILLION SUCCESS FEE FOR SHENHUA COAL MINE

The Greens NSW mining spokesperson Jeremy Buckingham today called on the government to come clean about their negotiations with the Chinese government owned Shenhua coal mining company after answers to Budget Estimates questions on notice revealed that the $200 million success fee was being renegotiated. Find more information here

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