Britain’s GFG Alliance continues to build its Australian asset portfolio, with its SIMEC Mining division agreeing to acquire Glencore’s Tahmoor metallurgical coal mine in New South Wales.
Hundreds of coal mining jobs may be saved after Glencore today put its Tahmoor underground mine in New South Wales up for sale.
Glencore will close the Tahmoor coal mine in 2019, as weak coal prices continue to hammer the industry.
Glencore is cutting jobs at its Tahmoor underground coal mine in the Illawarra.
The implementation of a water treatment plant has set a new benchmark for mining.