UNDERGROUND

Coronado in talks with Qld government for $150M upfront payment

Sources suggest relief on royalties not an option

Coronado paid roughly $120 million in royalties last year to the Queensland government.

Coronado paid roughly $120 million in royalties last year to the Queensland government. | Credits: Coronado Global Resouorces

Coronado Global Resources is in "confidential discussions" with the Queensland government over an amended coal supply agreement that would provide up to US$150 million in near-term liquidity for the embattled...

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