Miners urge Minns to speed up mine approvals after $2.7bn royalty hike
NSW’s largest miners have demanded the Minns government speed up approvals and be more transparent over planning decisions if it is to restore investment certainty after imposing a $2.7 billion coal royalty tax hike.
A day after it extended a possible lifeline to keep the state’s largest coal-fired power station in operation for longer, the government on Wednesday announced it would increase coal royalties by 2.6 percentage points from July next year.
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