Queensland coalmines marked for closure ‘uneconomic’, analysis shows, despite sector blaming royalties scheme
NegativeWorld Affairs

Recent analysis reveals that many coalmines in Queensland are deemed 'uneconomic' and are often referred to as 'zombie mines' that restart during price spikes but are quickly mothballed when prices normalize. This situation highlights the ongoing challenges in the coal sector, which is currently blaming the royalties scheme for its struggles. Understanding the economic viability of these mines is crucial as it impacts local jobs and the broader energy market, raising questions about the future of coal in Australia.
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