Workers at Peabody Energy's Wambo Underground Mine in the New South Wales Upper Hunter Valley face an uncertain future.Peabody Energy is attributing the decision to the global market impact of COVID-19
"All of our members took appropriate leave during that period and we have a sneaking suspicion that Peabody haven't been entirely honest with their workers," he said."It just seems so funny that we have eight weeks off the job, at their request, for a forced shutdown, return after the eight weeks and within days get confronted with the situation of 50 per cent of the workforce losing their jobs.
"The decision to ramp down production at the mine has not been taken lightly and Peabody very much regrets the impact this action will have on our loyal employees, their families and the community." Prices have fallen to an average of $60-$70 a metric tonne from nearly $100 at the start of the year.Earlier this month, Glencore announced a suite of temporary site and equipment shutdowns across its Hunter Valley mines in response to the global market environment.
D_Melissa2 Hey coal boy mattjcan, your days are numbered. Hope you are looking for some new billionaire boots to lick. auspol ClimateJustice
Go solar.
D_Melissa2 Is this the coal company that mattjcan has a brother working in.
We need a transition plan for the coal workers, not like the Tony Abbott and ScottMorrisonMP’s complete failure for the car workers.
LucyTurnbull_AO & yet the LNPCorruption continues unabated thru the ScuMo fossil fuel covid commission of unelected & unaccouble LNPCronies. Rorts Aus taxpayers & robs Aus & world of a future. LockHimUp ClimateCriminals ICACNow LNPCriminals ClimateEmergency auspol AuspolSoCorrupt
LucyTurnbull_AO How could this have been 4seen? This is simply unprecendented. I'm sure its thoughts&prayers from ScottyFromHillsong. LiberalAus have no plan 2 help workers re-train/skill 2 get jobs that will b in demand in future. Like in renewables. ausecon ClimateCrisis auspol SloMo
As more people turn to renewables, the coal industry crumbles.
Only TheirABC would find pleasure in people losing their jobs, while they sit there gloating on their fat taxpayer funded salaries. DefundTheirABC
Future energy reliability
BHP is exiting coal Now another coal mine is axing workers Coal mine is a crashing train wreck