Hundreds of workers at the Tahmoor colliery in Australia have been stood down for four weeks after GFG Alliance, the company that owns the mine, failed to pay its suppliers. The company is facing financial difficulties, partly due to a prolonged shutdown at its Whyalla steelworks. While GFG Alliance expects to return to normal production soon, the situation has raised concerns among workers about their job security. Potential buyers are reportedly interested in acquiring the mine.
Hundreds of workers at a coal mine owned by embattled global consortium GFG Alliance have been stood down after the company failed to pay its suppliers.
It comes as suppliers providing critical materials to the mine have stopped deliveries over unpaid bills. "They are low on diesel, chemicals, bolts, and other bits and pieces that allow them to continue cutting coal," Mr Davey said.The mine has traditionally been one of the main sources of coking coal for the company's other Australian business, the Whyalla Steelworks.
COAL MINING FINANCIAL DIFFICULTIES GFG ALLIANCE WORKERS STANDDOWN MINE SALE
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