XSTRATA says it may lobby for free permits under the Federal Government's emissions trading scheme.
The mining company says it is concerned open-cut mines will not be treated fairly under the scheme.The Commonwealth is proposing to hit open-cut mines with a flat default charge for greenhouse gases that escape into the atmosphere during mining.
Xstrata’s general manager for climate change Cassandra McCarthy, says more work needs to be done on how the emissions are taxed.
Xstrata Coal is the world’s largest exporter of thermal coal and the fifth largest producer of hard coking coal, producing both premium quality hard coking coal and semi-soft coal.
Headquartered in Sydney, Australia, Xstrata Coal has interests in over 30 operating coal mines throughout Australia, South Africa and Colombia.
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