Miners in talks with Australian state over new coal export limit

Major coal producers are in talks with the government of New South Wales, Australia's most populous state, over its surprise plan to have miners reserve up to 10% of production for domestic supply, as part of efforts to curb soaring energy costs.

The talks will review what the shortfalls are and how miners can fill them without disrupting supply chains. Early signs point to a limited impact on coal producers though, as there are limited spot supplies to be requisitioned under the rule.