Bathurst Resources finds replacement for lost Westport cement works contract

Thu, 06 Apr 2017

By Paul McBeth April 6 (BusinessDesk) - Bathurst Resources has found a new buyer for coal from its Canterbury mine, replacing the lost supply deal for Westport's cement works when Holcim closed the plant last year. Wellington-based Bathurst will supply up to 65,000 tonnes of coal a year to an unnamed buyer for up to 10 years from its Canterbury mine west of Christchurch, the mining company said in a statement to the ASX. The deal has an escalation option, it said. "This contract replaces the supply lost last year with the closure of...

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