CAPITAL MARKETS

Isaac Plains loses shipment in stoush

THE Isaac Plains coal mine in Queensland has lost a shipment of coal to an Aquila Resources customer because of the impasse between the company and its JV partner Vale over the formalisation of new marketing arrangements.

Lau Caruana
Isaac Plains loses shipment in stoush

Aquila subsidiary IP Coal and Vale have not been able to agree on how to market coal from the Isaac Plains mine since November 2010, when an arrangement where Vale took responsibility for marketing ended....

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