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Dartbrook Mine suspends operations after financial collapse, affecting 50 workers and local businesses.
The Dartbrook underground coal mine in New South Wales has suspended operations less than a year after reopening, following financial troubles that led to receivership in July after failing to repay a $174 million loan to Vitol.
The receiver, FTI Consulting, cited an operational review for the shutdown, though coal handling and preparation continue.
Around 50 workers remain on site, with all employee entitlements secured through receiver funding, avoiding taxpayer burden.
Local officials welcomed the worker payments, but the closure has triggered economic distress for dozens of small and medium businesses across the Hunter region, with about $6 million in unpaid invoices.
Many firms fear bankruptcy, and Muswellbrook Mayor Jeff Drayton warned of broader social and economic impacts.
The mine had reopened in 2024 after 17 years in care and maintenance under strict environmental conditions.
La mina de Dartbrook suspende las operaciones después de un colapso financiero, que afecta a 50 trabajadores y negocios locales.