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Walter to lose on Oaky suspension

WALTER Diversified Services and its subsidiary contracting firm Walter Mining are expecting to lose $A1 million from Xstrata Coal’s decision yesterday to suspend the Oaky No. 1 longwall mine on the back of sinking coking coal demand.

Blair Price
Walter to lose on Oaky suspension

WDS is examining the impact of the shock decision. “We are currently in discussions with Xstrata to determine the effect on Walter Mining operations at the Oaky facility,” WDS chief executive Gareth...

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