Tahmoor coal owner enters administration over $29 million in unpaid royalties

abc.net.au

The holding company for the Tahmoor coal mine, Liberty Primary Metals Australia, has entered administration due to significant debts, including nearly $30 million in unpaid royalties. The Tahmoor coking coal mine, south-west of Sydney, has been closed since February. Administrators have been appointed to its parent entity, which also holds other GFG Alliance assets. The mine's financial difficulties stem from funds being diverted to support other struggling GFG operations, leading to its closure and impacting hundreds of workers and contractors.


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Tahmoor coal owner enters administration over $29 million in unpaid royalties | News Minimalist