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Shenhua’s Watermark is more pain than coal

It is the new horizon coal project that time appears to have forgotten. On October 22, 2008, China’s biggest coal miner, China Shenhua Energy Company, paid $300 million to the people of NSW for the rights over a coal deposit called Watermark.

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It is the new horizon coal project that time appears to have forgotten.

On October 22, 2008, China’s biggest coal miner, China Shenhua Energy Company, paid $300 million to the people of NSW for the rights over a coal deposit called Watermark.

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Matthew Stevens writes on business, specialising in mining, energy and opinion. Matthew is a senior business writer and columnist. Email Matthew at matthew.stevens@afr.com.au

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    Original URL: https://www.afr.com/companies/mining/shenhua-s-watermark-is-more-pain-than-coal-20140827-jcynd