29 August 2006
New Vale Coal purchase agreed
Solid Energy New Zealand Ltd has reached a conditional agreement to purchase 100% of the privately-owned New Vale Coal Company Ltd, subject to Commerce Commission clearance. It is hoped that this will be obtained by the end of October.
New Vale, a long-established family owned business, operates the New Vale Mine which is located on the Waimumu lignite coal field in Eastern Southland. The mine produces more than 200,000 tonnes a year, supplying local industry including Fonterra's nearby Edendale Dairy factory.
Solid Energy plans to continue New Vale's mining operations and to retain the current workforce of 30 people. Both parties have briefed customers and other key stakeholders in the area.
For further information contact:
Vicki Blyth Bret Highsted
Communications Director General Manager
Solid Energy New Zealand Ltd New Vale Coal Company Ltd
Note to Editors:
Solid Energy currently owns and operates, in Southland, the Ohai Opencast Mine which currently produces about 180,000 tonnes per annum and is investigating the viability of reopening the former Mataura Opencast Mine to serve the South Island industrial market.
(Bret has served one term on the Gore District Council to date and is a candidate for this local body election)
2 comments:
Brett can make sure there are no health issues from coal dust too...
GORE businessman Brett Highsted has been appointed a director of Gore Health Ltd, the company that runs Gore Hospital.
http://findarticles.com/p/news-articles/southland-times-the/mi_8058/is_20100722/highsted-director-gore-health/ai_n54573181/
How will he do that I wonder?
By declaring that there are none?
Bret's a man of International Mystery with his finger in many a pie.
Must have a strong sense of community involvement.
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