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Hancock Prospecting chief executive Garry Korte and Rio Tinto iron ore boss Simon Trott were among seven signatories to a letter to Mr Albanese detailing “serious concerns” with the planned shakeup of environmental laws and the closed-door consultation process used to design it.

A climate trigger is looming as an “ever-present threat” that is stifling industry confidence as the Government revamps environmental laws, the nation’s peak mining body has warned.