Union urges Sanjeev Gupta to sell Tahmoor mine as $350m offer revealed

The Mining and Energy Union is urging Sanjeev Gupta to accept a reported $350 million offer to sell the long-idled Tahmoor coal mine, arguing it would repay creditors in full and restart operations, as administrators run a formal expressions of interest process amid administration of the holding company and warnings that liquidation would be value-destructive.

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