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New South Wales mandates 3-year closure notices for coal mines to protect jobs and communities, backed by $140M in support.
New South Wales is requiring coal mine operators to give at least three years’ notice before closing, aiming to prevent sudden job losses and community disruption.
The law, part of a broader plan, mandates operators to share workforce transition plans and is backed by the creation of the Future Jobs and Investment Authority, funded with $27.3 million over four years and over $110 million in additional support.
The authority will help redevelop post-mining land and attract investment in renewable energy, industry, and housing, with local input to guide decisions.
The move follows past abrupt closures like Vale’s 2014 shutdown in Singleton.
Enforcement includes financial penalties for non-compliance, and the legislation emerged from extensive stakeholder consultations.
Nueva Gales del Sur exige notificaciones de cierre de 3 años para las minas de carbón para proteger los empleos y las comunidades, respaldadas por $ 140M en apoyo.