Griffin Coal

IEEFA Research

Briefing note: The Outlook for Financing for Australia’s Galilee Basin Coal Proposals

Briefing note: The outlook for financing for Australia’s Galilee Basin coal proposals By: Tom Sanzillo, IEEFA Director of Finance

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More News and Commentary

West Australian Mine Owner Reports More Losses, Shows No Ability to Cover Clean-Up Costs


Government Regulators Are Doing Nothing to Protect the Public Interests in Lanco Infratech’s Handling of Griffin Coal Mine

In reporting a net loss of US$40 million for the year to March, Lanco Infratech of India, owner of the loss-making Griffin Coal Mine in Western Australia, has notched up its fifth consecutive year of losses. The performance only compounds the clear and ongoing state of financial distress for this Indian conglomerate. Net debt rose […]

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Briefing note: The Outlook for Financing for Australia’s Galilee Basin Coal Proposals

Briefing note: The outlook for financing for Australia’s Galilee Basin coal proposals By: Tom Sanzillo, IEEFA Director of Finance

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Griffin loss provokes Collie mine doubts

By Daniel Mercer, The Weekend West Australian –  “Fears are mounting about the plight of a Collie mine that supplies coal to one of the State’s biggest electricity generators after it posted one of its biggest losses. Griffin Coal, the Indian -owned mine bought from the wreckage of former tycoon Ric Stowe’s failed business empire […]

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