Skip to content
Subscriber Only

Coal's Perfect Storm Shakes $50 Billion of Australian Projects

  • Judge’s climate ruling could spark new challenges to mines
  • Tougher investment mandates also hampering project financing
What Ban? Australia Coal in China Crosshairs Is Rallying Instead

Photographer: Ian Waldie/Bloomberg

Updated on

It’s been a tough few weeks for Australia’s coal industry.

First there was a court ruling blocking a new mine on climate change grounds, then one of the world’s largest producers Glencore Plc capped output growth, and finally China was seen to be slowing down Australian imports.