Article 1FVPB Peabody's Australian mines in jeopardy despite minister's advice, says lawyer

Peabody's Australian mines in jeopardy despite minister's advice, says lawyer

by
Lenore Taylor Political editor
from Environment | The Guardian on (#1FVPB)
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Environmental lawyer who has read the company's financial statements says Josh Frydenberg needs to revisit an assurance he gave workers

Josh Frydenberg should revisit reassurances he gave workers at Peabody's Australian coalmines after the company filed financial statements revealing a "dire financial position", an environmental lawyer who has studied the documents says.

When the world's biggest coalminer, Peabody Energy, sought bankruptcy protection in the United States in April, the federal resources minister said he had been reassured none of the company's 3,500 Australian workers would be losing their jobs.

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