❓ A WA parliamentary question seeks details on the extension of Griffin Coal's state agreement, including engagement with stakeholders, data provided, and the government's plan for the company post-2026. The Minister provides specific details regarding the extension, engagement, and future expectations.
AnsweredQoN 195Legislative Assembly
QuestionView source ↗
Griffin Coal—State agreement
195. Hon Dr Steve Thomas to the Leader of the House representing the Minister for State
Development:
I refer to the
Collie Coal (Griffin) Agreement Amendment Bill 2024, which was given royal assent
on 17 September 2024 and allowed for an extension of Griffin Coal's mining activity
until 30 June 2026.
(1) Has Griffin Coal formally requested a 12-month
extension to its applicable state agreement to 30 June 2026 and, if so, on what
date was the request made to government, and by whom?
(2) In relation to the
extension of the Griffin Coal state agreement to 30 June 2026, has the minister
or ministerial or departmental representatives engaged with or negotiated
with parties from ICICI Bank or Oceania Resources, or Mr Dev Sindhu?
(3) What data, mining plans, "fair pricing
for coal " proposals and mine rehabilitation have Griffin Coal or the
parties in (2) provided to the minister or his representatives in relation to
the state agreement extension to 30 June 2026?
(4) Has the minister agreed to a 12-month
extension to the Collie Coal (Griffin) state agreement?
(5) Does the government anticipate that Griffin
Coal will exist after 30 June 2026 and, if so, what is the government's plan
for it post that date?
195. Hon Dr Steve Thomas to the Leader of the House representing the Minister for State
Development:
I refer to the
Collie Coal (Griffin) Agreement Amendment Bill 2024, which was given royal assent
on 17 September 2024 and allowed for an extension of Griffin Coal's mining activity
until 30 June 2026.
(1) Has Griffin Coal formally requested a 12-month
extension to its applicable state agreement to 30 June 2026 and, if so, on what
date was the request made to government, and by whom?
(2) In relation to the
extension of the Griffin Coal state agreement to 30 June 2026, has the minister
or ministerial or departmental representatives engaged with or negotiated
with parties from ICICI Bank or Oceania Resources, or Mr Dev Sindhu?
(3) What data, mining plans, "fair pricing
for coal " proposals and mine rehabilitation have Griffin Coal or the
parties in (2) provided to the minister or his representatives in relation to
the state agreement extension to 30 June 2026?
(4) Has the minister agreed to a 12-month
extension to the Collie Coal (Griffin) state agreement?
(5) Does the government anticipate that Griffin
Coal will exist after 30 June 2026 and, if so, what is the government's plan
for it post that date?
AnswerView source ↗
It is not even
Thursday! I thank the honourable member for some notice of the question.
(1) Pursuant to clause 11A(4) of the state agreement,
the Griffin Coal Mining Company Pty Ltd provided an additional proposal for the
period 1 July 2025 to 30 June 2026 to the minister on 17 April 2025.
(2) The Department of the Premier and Cabinet has
ongoing engagement with ICICI Bank as the lead bank for the secured creditors
to Griffin Coal. None of the listed parties were involved in negotiations
regarding the extension of the state agreement.
(3) The required content of an additional proposal
is outlined in clause 7 of the state agreement. These requirements do not
include information regarding Griffin's commercial strategy, but high-level
mining and rehabilitation plans are contemplated in these proposals.
(4) The minister approved Griffin Coal Mining
Company's additional proposal for the period 1 July 2025 to 30 June 2026 on 19
May 2025.
(5) Continuation beyond 30 June 2026 will need to
be industry-led on a commercially sustainable basis without ongoing Western
Australian government funding and underpinned by Griffin Coal's customers
paying a fair price for coal. If this is not achievable, coal mining operations
may cease.
Thursday! I thank the honourable member for some notice of the question.
(1) Pursuant to clause 11A(4) of the state agreement,
the Griffin Coal Mining Company Pty Ltd provided an additional proposal for the
period 1 July 2025 to 30 June 2026 to the minister on 17 April 2025.
(2) The Department of the Premier and Cabinet has
ongoing engagement with ICICI Bank as the lead bank for the secured creditors
to Griffin Coal. None of the listed parties were involved in negotiations
regarding the extension of the state agreement.
(3) The required content of an additional proposal
is outlined in clause 7 of the state agreement. These requirements do not
include information regarding Griffin's commercial strategy, but high-level
mining and rehabilitation plans are contemplated in these proposals.
(4) The minister approved Griffin Coal Mining
Company's additional proposal for the period 1 July 2025 to 30 June 2026 on 19
May 2025.
(5) Continuation beyond 30 June 2026 will need to
be industry-led on a commercially sustainable basis without ongoing Western
Australian government funding and underpinned by Griffin Coal's customers
paying a fair price for coal. If this is not achievable, coal mining operations
may cease.
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