Nick Jorss, Executive Chairman of Bowen Coking Coal,  and Founder of Coal Australia, joined us in the Crib Room for a passionate discussion about the coal industry’s struggles under the Queensland royalties regime. With Bowen Coking Coal currently fighting to save 500 jobs, Nick explained how the company paid $120 million in state royalties before making their first profit, highlighting the unsustainable nature of taxing revenue rather than profits. Is there a solution? We tackled this huge question, and more including:

• What buying a coal mine for $1 actually means
• The surprising (yet closely linked!) business that Nick is diversifying into
• Which country we could be competing against for coal exports
• The origin story of Coal Australia

Click here to listen!