❓ Hon Dr Steve Thomas questions the Minister for State Development regarding the Collie Basin Consolidation Task Force, specifically seeking details on the viability analysis, financial modelling, and valuation of Griffin Coal and Premier Coal for a potential merger. The Minister's response is non-committal, stating the task force is examining options and will report soon.
AnsweredQoN 402Legislative Council
QuestionView source ↗
Collie Basin Consolidation Task Force—Griffin Coal–Premier
Coal merger402.Hon Dr Steve Thomasto theLeader of the House
representing the Minister for State Development:I refer to the
formation of the Collie Basin Consolidation Task Force announced on 21 January 2026,
and the proposal of the taskforce to examine the potential merger of Griffin Coal
and Premier Coal.(1) What are the specific areas of
analysis and the criteria that the taskforce is examining to determine whether
a merger is viable?(2) What financial modelling has been
undertaken by the taskforce, and can the minister please provide that modelling?(3) What financial and corporate
modelling has been provided by the government to the taskforce, and can the
minister please provide that modelling?(4) What are the current values the
taskforce is using for the book value calculation and liquidation value
calculation worth of Griffin Coal and Premier Coal?
Coal merger402.Hon Dr Steve Thomasto theLeader of the House
representing the Minister for State Development:I refer to the
formation of the Collie Basin Consolidation Task Force announced on 21 January 2026,
and the proposal of the taskforce to examine the potential merger of Griffin Coal
and Premier Coal.(1) What are the specific areas of
analysis and the criteria that the taskforce is examining to determine whether
a merger is viable?(2) What financial modelling has been
undertaken by the taskforce, and can the minister please provide that modelling?(3) What financial and corporate
modelling has been provided by the government to the taskforce, and can the
minister please provide that modelling?(4) What are the current values the
taskforce is using for the book value calculation and liquidation value
calculation worth of Griffin Coal and Premier Coal?
AnswerView source ↗
I thank the
honourable member for some notice of the question, which I answer on behalf of
the Leader of the House. The following response has been
provided by the Minister for State Development.
(1)–(4) The Collie Basin Consolidation Task Force
is examining a range of structural options for coalmining assets in the Collie basin.
The taskforce will report to government in the coming months. The evaluation
criteria and underlying assumptions about coal use from within the basin are
being considered by the taskforce.
honourable member for some notice of the question, which I answer on behalf of
the Leader of the House. The following response has been
provided by the Minister for State Development.
(1)–(4) The Collie Basin Consolidation Task Force
is examining a range of structural options for coalmining assets in the Collie basin.
The taskforce will report to government in the coming months. The evaluation
criteria and underlying assumptions about coal use from within the basin are
being considered by the taskforce.
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