New Hope blasts loophole for activists

Original article by Brad Thompson
The Australian Financial Review – Page: 15 : 23-Sep-19

New Hope Corporation’s CEO Shane Stephan has called for the abolition of laws that exempt environmental activists from penalties for engaging in secondary boycotts. He says it is not right that anti-coal activists can target suppliers to the mining industry with action that would otherwise be illegal under the Competition and Consumer Act. New Hope recently advised that 150 workers at its New Acland mine will be retrenched at the end of October. A proposed $900m expansion of the mine has been on hold for more than a decade.

CORPORATES
NEW HOPE CORPORATION LIMITED – ASX NHC, WASHINGTON H SOUL PATTINSON AND COMPANY LIMITED – ASX SOL, ADANI MINING PTY LTD

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