Gujarat NRE Coking Coal union representatives will meet with the company’s new owners today, in the hope of eliciting an answer to the question of when their members will next be paid.
Yesterday, CFMEU southwestern district vice-president Bob Timbs said he simply hoped to get ‘‘money’’ out of the talk with Jindal Steel, which is scheduled for 10am at Dapto Leagues Club.
It is believed the workers are owed about $5 million in wages after more than four weeks without pay.
‘‘What we will be seeking in tomorrow’s meeting is an undertaking of when lost wages will be paid and also a guarantee of future wages and employment for our members,’’ Mr Timbs said.
‘‘If we can’t get any solid guarantees from the NRE-Jindal management, we will certainly be going to our rank and file members with some recommendations and be seeking direction from them on what we do.’’
When pressed on what these recommendations might be if payment was not forthcoming, Mr Timbs said he did not wish to comment.
CFMEU members are invited to gather at noon at the Leagues Club to hear the outcome of the meeting.
Meantime, former Gujarat NRE chairman Arun Jagatramka reportedly stepped down from his role on Wednesday evening, after shareholders voted to allow Jindal to take over his company.
Mr Jagatramka had said it was ‘‘too early’’ to say if he would remain as chairman but that it would be up to the board to decide his role.
It is understood a new chairperson had not been appointed by yesterday afternoon and Mr Jagatramka is expected to attend the meeting with the union tomorrow.
A Gujarat NRE spokeswoman would not confirm Mr Jagatramka’s demotion, only saying ‘‘the composition of the board will be resolved shortly, with an announcement to the [Australian Securities Exchange] to follow’’.
Gujarat and Jindal have reportedly been meeting in the two days since the shareholder vote to sort out the details of their $68 million deal, which will free up about $18.7 million to pay off some of the Illawarra company’s debts.