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NuCoal Rebukes NSW Premier’s Denial of Compensation Over Licence Cancellation
12:39pm on Friday 31st of January, 2025 AEDT
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Mining
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NuCoal Rebukes NSW Premier’s Denial of Compensation Over Licence Cancellation
12:39pm on Friday 31st of January, 2025 AEDT
Key Points
NSW Premier Chris Minns declines compensation scheme for NuCoal losses
Cancellation of Exploration Licence 7270 under 2014 Mining Amendment Act
NuCoal labels Premier’s response as 'completely unacceptable'
Company plans to pursue compensation domestically and via US trade channels
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