Rehabilitation Bond Policy for Latrobe Valley coal mines
Resources Victoria has reviewed the 2017 Rehabilitation Bond Policy for the Latrobe Valley Coal Mines at Hazelwood, Yallourn and Loy Yang.
The updated policy sets out how rehabilitation liabilities can be assessed and rehabilitation bonds can be determined under the Mineral Resources (Sustainable Development) Act 1990 (the Act).
Communities and government expect that the full costs of mine rehabilitation are borne by the mine authority holder. The Act allows the Minister for Resources to require an authority holder to provide rehabilitation bonds in favour of the State, to secure the performance of rehabilitation obligations.
Current rehabilitation bonds
Current rehabilitation bonds held for each of the Latrobe Valley coal mines are outlined below:
Hazelwood
$289 million
Loy Yang
$154 million
Yallourn
$148 million
Download the updated policy
Page last updated: 24 Jan 2025