ENVIRONMENT

Yancoal lays bare NSW reservation policy costs

YANCOAL will be compelled to make up to 310,000 tonnes of coal available each quarter to domestic power generators from its attributable saleable production under the New South Wales government’s coal reservation policy, which will be effective for 15 months from April 1 until June 30 2024.

The requirement to redirect coal into the domestic supply chain presents significant logistical challenges.

The requirement to redirect coal into the domestic supply chain presents significant logistical challenges.

Coal sold under this policy will be subject to a price cap of A$125 per tonne delivered for 5500 kilocalorie per kilogram products, energy-adjusted. "In addition to the policy's direct impacts on the...

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