Chatham Rock says rejection of EPA costs claim will hurt cash flow

Mon, 11 Dec 2017

By Rebecca Howard Dec. 12 (BusinessDesk) - Chatham Rock Phosphate will take legal advice on its next steps after the High Court dismissed its application to review costs charged by the Environmental Protection Authority, something it said will hurt its cash flow. "We will be reviewing the judgment in detail over the next few days and taking legal advice on appropriate next steps," chief executive Chris Castle said in a statement to the stock exchange. In 2015, an EPA-appointed decision-making committee turned down CRP’s application t...

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