Environment Minister Tanya Plibersek has cancelled two applications for coal mines after the companies failed to detail the impacts the proposals will have on nature.
The mining giant’s chief executive, Gary Nagle, has warned that investment would become harder to justify on the back of the government’s policy interventions
Acquisition of Rio Tinto’s coal mines made Yancoal arguably Australia’s most indebted company five years ago. Now it’s cashed up and ready to buy BHP’s mines.