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Xstrata faces court over Windimurra closure

PRECIOUS Metals Australia has initiated court proceedings against diversified Swiss metals group Xstrata alleging the group breached a royalty agreement when it first suspended operations at the Windimurra vanadium project, and again when it permanently closed the project.

Rebecca Keenan
Xstrata faces court over Windimurra closure

Precious Metals is seeking damages and an injunction requiring Xstrata to ‘do all things reasonably necessary’ to bring the project back to an operational level. Precious Metals holds a 15% net profit...

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