NSW coal exporters to be forced to keep domestic reservation

THE New South Wales coal mining sector has slammed a mooted plan by the state government that would require all coal producers – including exporters – to retain 10% of their production in reserve for domestic supply as a means to keep a lid on coal prices paid by power generators.

NSW coal exporters to be forced to keep domestic reservation NSW coal exporters to be forced to keep domestic reservation NSW coal exporters to be forced to keep domestic reservation NSW coal exporters to be forced to keep domestic reservation NSW coal exporters to be forced to keep domestic reservation

NSW Minerals Council CEO Stephen Galilee said forcing mines designed and approved for export to supply the domestic market would have significant impacts on existing supply chains.

The NSW government is seeking to address an approximate 4 million tonne annualised supply shortfall to meet the needs of NSW power generators, according to a report in The Australian newspaper.