Rain makes coal heavy, slippery and harder to dig up. So what does La Niña mean for this already disrupted industry?
- Written by: Lurion De Mello, Senior Lecturer in Finance, Macquarie University
Kelly Barnes/AAPAs the La Niña weather event wreaks havoc across New South Wales, coal operators are suffering. The Australian coal company Whitehaven is among them – last week slashing its production forecasts after disruption by floods and heavy rain.
The irony of a coal company being hit by extreme weather events was not lost on...
