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Teals back Andrew Wilkie’s demand for federal inquiry

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“The reality is there is no such thing as clean coal and the evidence provided by this brave coal industry whistleblower suggests that the coal industry has been misleading the world for years,” Scamps said.

An ASIC spokesperson said it had conducted “extensive investigations” and its inquiries into TerraCom, which owns the Blair Athol mine in Queensland, were ongoing and “well advanced”.

“We can confirm that we are currently investigating possible misleading market disclosures by coal miner TerraCom and whistleblower-related matters,” the spokesperson said.

“As has been previously reported, this investigation has included serving a warrant on the company’s Blair Athol mine in March 2021 and, a year later, overcoming a Federal Court application from TerraCom seeking to deny ASIC access to a PwC report into the allegations.

“As the investigation is continuing, ASIC is not able to discuss the matter in any more detail at this stage.”

Wilkie said despite evidence that justified investigation, the claims had already been ignored by Australian Federal Police, the NSW Police, the ASIC, the then-Department of Industry, Science, Energy and Resources and the Morrison government.

He warned the Albanese government he would pursue an investigation as he did over claims of wrongdoing at Crown Casino.

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“I am very mindful as I go through this matter … of what happened with Crown Casino. I brought into the parliament hard evidence of criminality in 2017,” he said.

“Regulator after regulator, year after year, failed to act and I just kept getting more and more evidence in and eventually a number of inquiries and royal commissions were set up.”

A royal commission last year found Crown had engaged in “disgraceful” conduct.

An Anglo American spokesperson said the allegations were “entirely false”.

“We take these matters very seriously and when issues surrounding testing were first reported on by media in early 2020, we undertook an investigation which found no evidence that any of our cargoes had been impacted,” the spokesperson said.

A Peabody spokesperson said the company “strenuously denies Mr Wilkie’s claims”.

TerraCom, Glencore, Macquarie and EY were contacted for comment.

Minerals Council of Australia chief executive Tania Constable said Australia’s coal exports were “amongst the best in the world”.

“Ongoing shipments to regular customers over many decades reflects positively on the general quality of Australia’s export coal trade,” Constable said.

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