Liverpool Plains farmers have reacted angrily to NSW resources minister Don Harwin’s announcement on July 12 that it will buy back only half of the Shenhua coal exploration licence covering the Liverpool Plains. This means that the government is allowing an open-cut coalmine in NSW’s food bowl.
The NSW government will pay $262 million to buy back 51% of Shehua’s exploration licence. However, as eight years have passed without the coal giant starting “substantial development”, the government could simply cancel its exploration licence without compensation.