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Long-touted tie-up could extend lives of coal miners

The closure of WA’s state-owned coal-fired power plants won’t necessarily spell the end of coal mining in Collie. But the town’s two miners are going to need new customers to survive.

And the WA Government’s announcement this week could actually extend the lives of Premier Coal and Griffin Coal by hastening talks over a long-touted merger.

A potential tie-up has been a talking point for years, with advocates arguing a merger offered the best prospect of more sustainable and profitable mining business.

However, with Synergy closing its coal-fired power plants by 2029 and also potentially halting electricity purchases from the privately-owned Bluewaters power station even earlier, despite the lessons now being learned on the east coast, it may well be that the survival of Premier and Griffin hangs on a merged company pursuing export opportunities.

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