Origin’s big power profit leaves price-capped coal supplier fuming
Soaring profits reported by electricity generators like Origin Energy are “extremely disappointing” according to one of the miners forced by government to sell cheap coal to NSW power stations.
Speaking on the day Origin announced an 83 per cent surge in profits to the highest levels since 2019, Yancoal chief executive David Moult expressed frustration that governments had not imposed more limits on the bills charged by power generators.
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