The fate of the Tahmoor mine hangs in the balance as a union urges Sanjeev Gupta to sell, with a $350 million offer on the table. The Mining and Energy Union (MEU) is pushing for the sale, citing the potential for permanent damage to the operation and the loss of hundreds of jobs if the mine remains closed. The union believes that Gupta's rejection of the offer is bizarre, as it would clear debts and allow the mine to reopen. The administrators, William Buck, are conducting a formal process for the sale, with a paid-access data room containing detailed information about the mine. The union is now lobbying creditors and the government, demanding a sale to ensure the mine's future and the preservation of jobs.
Urgent Call to Action: Union Pushes for Sale of Tahmoor Coal Mine (2026)
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