CAPITAL MARKETS

Court upholds Vale appeal over Eagle Downs

AQUILA Resources has suffered a setback in its dispute with its Eagle Downs hard coking coal project joint venture partner Vale with the Queensland Supreme court upholding a Vale appeal against an Aquila injunction.

Lau Caruana
Court upholds Vale appeal over Eagle Downs

The dispute is over voting rights on development plans for the mine. Aquila will consider the judgment and decide whether it wishes to seek leave to appeal and whether to seek orders restraining Vale...

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