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Westpac rules out lending for Carmichael

Financing for new thermal coal projects will be strictly limited to "existing coal producing basi...

Lou Caruana
Federal resources minister Matt Canavan.

Federal resources minister Matt Canavan.

Financing for new thermal coal projects will be strictly limited to “existing coal producing basins” where the coal produced would have to clear a high efficiency hurdle of at least 6300 kilocalories per...

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