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NSW mandates 3-year mine closure notices to protect jobs and support regional transition.
New NSW legislation requires coal mining companies to give at least three years’ notice before closing, aiming to protect communities reliant on mining.
The law, part of a broader plan, establishes the Future Jobs and Investment Authority with $27.3 million in funding over four years and over $110 million for projects.
The authority will support workforce transitions, drive regional investment, and promote economic diversification through local offices in coal regions.
Mine operators must submit closure and transition plans, with penalties for non-compliance.
The move follows consultation with industry, unions, and communities and aims to ensure stability amid shifting global coal demand and prices.
NSW exige avisos de cierre de minas de 3 años para proteger los empleos y apoyar la transición regional.