Glencore warns on downside of Australian logistics privatisation

摘要

THE privatisation OF key coal infrastructure risks rendering the already stressed coal industry as "collateral damage" in government policy changes, Glencore has warned. The company is leading a fight by coal shippers against big increases in charges from Australia's recently privatised Port of Newcastle, calling for competitive oversight of tariffs and taking its case to Australia's National Competition Council. It is also demanding adequate industry protection when the government sells assets.