Anthony Albanese rejects reports of $450m coal price cap payout for Rio Tinto and partners

Anthony Albanese has rejected suggestions of a potential $450m payout to Rio Tinto and its partners for the Gladstone power plant, which could push coal price cap compensation to more than $1bn. Albanese told Channel Seven’s Sunrise the federal government expects the cost “will be nothing like the sort of figures” reported for Gladstone although Queensland premier Annastacia…

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