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Japanese firm set for haircut on NSW coal mine sale

Peter Ker
Peter KerResources reporter
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Slumping coal prices have caught out Japanese power utility Chugoku Electric, which is set to sell a stake in NSW’s Boggabri mine for barely half the price it anticipated a year ago.

Yancoal says some foreign coal producers were struggling to break even at current prices. Dominic Lorrimer

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Peter Ker covers resource companies for The Australian Financial Review, based in Melbourne. Connect with Peter on Twitter. Email Peter at pker@afr.com
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    Original URL: https://www.afr.com/companies/mining/japanese-firm-set-for-haircut-on-nsw-coal-mine-sale-20250428-p5luod