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Business

Australian coal miners in spot

Published: 26 May 2013 - 02:14 am | Last Updated: 21 Feb 2022 - 10:42 pm

Coal loading operations proceed at Coal and Allied’s Mount Thorley Warkworth mine in the Hunter Valley, about 140km north of Sydney. Australian coal miners are steeling themselves for years of 
production cuts, job reductions and asset sales as swelling shipments from international rivals lower hopes of a recovery in prices for coal.